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The Bet9ja Highest Odd betting shop at Ojuelegba bus stop, Surulere, Lagos is a relatively small space made even smaller by the large number of people crammed into it. This is not an usual sight these days.tinyurl.com Accredited Shop owners (agents) make their money from the number of stakes placed through their outlet. The betting company pays them a pre-agreed commission based on the number of bets that emanate from the shop into the company’s server. These bets are then processed and calculated at the end of the week when a commission is paid to the agent.tiny.cc Quite ironic that in the age of the Internet, brick and mortal retail shops are increasingly becoming popular among bettors and betting companies are investing heavily in their affiliate networks.
As pointed out by one shop manager, punters are not necessarily loyal to a particular brand or high odds (which roughly means higher winnings,) offered by a betting company. Instead, they gravitate towards shops that feel homely, rich with comfortable banter or where they enjoy familiarity with staffers. Safe to assume that punters gain socioeconomic rewards from betting at retail shops. These retail shops are also responsible for increased levels of trust that punters have in a particular betting company. Small retail shops are perhaps the most crucial part in the online gambling industry and are rapidly becoming a huge - if not integral - part of our communities, much like the barbershops. They have also directly influenced the online gaming scene, still in its nascent stage, [https://www.youtube.com/watch?v=GgBY2DzRp3k How Bet9ja Virtual Works] propelling it towards the rapid growth witnessed within the last five years.
It is not uncommon to find tech savvy patrons at the retail shops joining the action live from their mobile phones. Adopting the retail model used widely in the United Kingdom, and boosted by the level of Internet penetration and Where Is Bet9ja Head Office Located In Port Harcourt availability of Internet payment systems, youtube.com online betting companies in Nigeria began to claim a sharp edge over other forms of gambling. An interesting observation is the steady popularity that sports betting seems to be enjoying despite the biting economic situation in Nigeria. Dotun Ajegbile is the chief executive of 1960bet, and in an interview with YNaija, he says that in the next few years, betting companies in Nigeria would feature prominently on the Nigerian Stock Exchange (NSE). Ajegbile clearly points out that come what may, betting is a profitable venture, a legal, licensed one, and What Is [https://www.youtube.com/watch?v=Q4ejjUba5X4 Bet9ja Highest Odd Email Address] that online gaming has come to stay. Perhaps Ajegbile is not wrong.
Uncanny similarities existed across the different shops visited. At all hours of the day, depending on location and size of the shop, there are a minimum of six patrons - mostly young men - in any given shop. Mrs.bet9ja.com Oriola, Bet9ja Shop owner of a Bet9ja Highest Odd retail betting shop at Ogba says that early mornings before she and her workers arrive, customers are already waiting and itching to go. "Before we open our shops in the morning, most of them are already here waiting for us. And we open by 8am or some minutes after," she says. Six men stand around the counter while three others are sitting on a bench watching a virtual football game.
Oriola reveals that she has seven employees and pays them a monthly salary of twenty thousand naira each. She argues that the betting industry is highly profitable but unpredictable. "Our earnings can go beyond or above any amount," she adds. Her weekly earnings vary. Qudus Babajide is the manager of a UBC360 betting shop at College Road, Ogba - his shop sits in front of Oriola’s. Babajide is short, walks with a slight limp and is wont to launch into long-winded narratives with effusive, Why Is Bet9ja Site Not Opening if not overly dramatic gesticulations. His shop is much more spacious than the other betting shops visited. About 12 customers are sitting on the chairs scattered around the shop watching different virtual games and a replay of the Summer Olympics on televisions sets that hang on the wall.tinyurl.com "I’m a street boy," Babajide offers.
"I grew up in this street, so most of them know me and they come here because of me. Some people can stay here for a whole day. Babajide is paid fifteen thousand naira monthly, certainly not enough to cater to his growing family of five. Employed alongside Babajide at the shop are three other women, each earning between ten and fifteen thousand naira monthly. Babajide explains that his boss intends on employing more hands if the market picks up soon. A short walk away from Babajide’s shop is another betting shop managed and owned by Bola Oluwakayode, a slightly potbellied man, who appears to be in his mid forties.
Oluwakayode is suspicious at first - as are most of his customers - but he soon warms up to talk about his business. He owns two betting shops that employ ten people. "We pay up to twenty thousand [https://www.youtube.com/watch?v=GgBY2DzRp3k How Bet9ja Virtual Works Highest Winner 2016] as salary." Oluwakayode adds gaily. "Based on the economy now, it is like people are not coming much again, Why Is Bet9ja Site Not Opening as in money is not flowing for people again. So there is a reduction of people coming to play games. Now we have like fifty customers in a day." Oluwakayode laments, before pointing out that the dip in patronage is because football season is yet to commence. Oluwakayode’s gross weekly income isn’t static. He reveals, "It depends on the number of stakes we have in a week; it helps us to know what we have.
"It is profitable but if it is in a better location where customers come in and go out, then it is much more profitable," he adds. On the other hand, Adebayo Rasheed, owner of a Bet9ja Highest Odd licensed retail betting shop at Ojuelegba, Surulere, owns eight shops across multiple locations and employs thirty-one persons. "Look at my workers now. They don’t have any job but I employ thirty one of them. Now they’re okay, they’re fine," Adebayo boasts. Data from the Nigerian Bureau of Statistic (NBS) pegs the rate of unemployment at an all-time high, standing at 12.1 percent in the first quarter of 2016, with analysts predicting worse figures by the end of the second quarter. An estimated 26.6 million Nigerians are currently unemployed or underemployed whilst several other businesses are closing down and laying off workers.
It is pertinent to note that Nigeria has one of the highest populations of young people in the world - 15 to 35 year olds account for [https://www.youtube.com/watch?v=Q4ejjUba5X4 Bet9ja Highest Odd] about 70 million of Nigeria’s 180 million strong population. Nigeria is essentially slipping into a recession and is currently experiencing her worst economic crisis in thirty-years. More people are expected to be impoverished. Due to a paucity of research data, little is known about the contribution of the betting industry to the Nigerian economy. However, it is estimated that the industry is worth between USD 700 billion to USD 1,000 billion, globally according to a BBC News 2013 report. 11.3 million daily on bets.
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