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Can You Get Rich With Sports Betting?

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Every year, about N1.2 billion sports bets are played in Nigeria. Steadily increasing, the amounts bet show a growing interest on the part of all sports enthusiasts. So, can you get rich with sports betting? If you are unsure about starting out then we recommend that you go in with lower stakes – you can deposit £5 and get free spins!

Can We Get Rich With Sports Betting

If this question may surprise some, it turns out that the reality on the ground gives rise to reflection: with steadily increasing bets and ever more professional bettors, sports betting is attractive, and the phenomenal gains gotten by some tipsters do not push for restraint.

Getting rich with sports betting: one chance in millions, and we will give you some examples of occurring’s in Europe.

  • On March 8, a Toulouse resident won €400,000 by wagering €500.
  • In December 2019, another bettor in Europe reaped 300,000 euros in winnings by betting only 12 euros.

Indeed, some statistics can make your dream for the future, and these things happen in Nigeria too. These cases, highlighted as they should on social networks, do not reflect the reality of the world of sports betting. If these two punters became very rich in an instant, the details of their bets offer another reading:

For the first case, it should already be noted that the initial stake was very high: 500 euros. Then you have to take an interest in the details of your ticket. In this case, the lucky one managed to spend a combination of 21 sports bets!

The second case also illustrates very well the volatility of such a success. To win the stake, the bettor had to pass odds of 15,974.88.

Far from being a subterfuge to discourage the more reckless, these two examples only serve to illustrate the reality of the world of sports betting: getting rich in one fell swoop is a miracle.

Above all, we must not lose sight of the fact that sports betting remains a hobby, a way to make ends meet and thrill through his passion. While some bettors can get rich with 22bet and present significant gains, they are conditioned by two factors: the luck or high stake that allows them to rake in the money without taking significant risks.

But then, what about professional tipsters?

Are Professional Tipsters Getting Rich Through Sports Betting?

It is, however, correct to say that some professional bettors manage to get rich through sports betting. But once again, this observation remains to be verified.

One of the first things to is that most of the great live overseas. Why? Because some country laws do not allow you to bet vast sums on one and the exact match. Thus, foreign bookmakers take advantage of this configuration to attract large bettors by offering them a much more flexible acceptance policy. For example, betting limits are much higher.

However, some professional punters have managed to get rich with sports betting. If this reflection is correct, do not be mistaken. These professional tipsters understand sports betting as a profession, and thus, their starting point differs significantly from amateurs:

  • Here, it is not “shots” that the punters are looking for. Like most workers, the goal of a professional bettor is to earn a monthly salary through intense and constant analytical work. There is, therefore, no question here of winning a large sum at once; most tipsters do not go beyond an odd of 2. It is a question of winning a little each day, as an employee, to generate a regular income.
  • This reality is also to be correlated with a high bankroll. In addition to accumulating “safe” bets, professionals rely on a substantial bankroll, which does not correspond to amateur bettors.

In conclusion, it is possible to get rich through sports betting and not be responsible. However, it is possible to make ends meet by remaining entirely pragmatic in the face of the situation: professional bettors spend their time, so their experience is more important than mine. Following a professional bettor, therefore, means taking advantage of expert analysis to increase your earnings.

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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Men’s Football: 18,068 Players Switched Clubs in 2021—Report

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By Adedapo Adesanya

There was a 5.1 per cent increase in the number of international transfers in men’s professional football as a total of 18,068 players switched clubs in 2021, signalling a return to the levels of 2019 despite the ongoing COVID-19 pandemic.

This was contained in the Global Transfer Report 2021 published by the Federation of International Football Association (FIFA), which charts the transfers of men’s and women’s players in both professional and amateur football.

No fewer than 54,739 transfers across borders were recorded in 2021 out of which 19,372 involved professionals (men and women) while another 35,367 involved amateurs.

These 18,068 transfers involved a new record high of 4,544 clubs from 185 different associations, compared to 4,162 clubs in 2020, with 15,617 players representing 179 different nationalities.

A continuous trend was seen as transfer fees decreased for the second consecutive year in 2021 to $4.86 billion, a fall of 13.6 per cent from 2020 and 33.8 per cent from the all-time high of 2019.

Another key positive from the report showed that women’s football is still booming

According to the world’s football governing body, women’s football continued to go from strength to strength in 2021, with the number of clubs involved in international transfers rising from 347 in 2020 to 414 last year, a 19.3 per cent increase.

This reflects the impressive strides being made as more and more female players are turning professional every year.

About 1,304 international transfers were recorded in the year under review, an increase of 26.2 per cent compared to the previous year, which had also recorded an increase of 23.3 per cent.

In contrast to the men’s game, spending on transfer fees in women’s professional football increased by 72.8 per cent $1.2 million in 2020 to $2.1 million in 2021.

Amateur Football Transfer Impressive

Transfers in the vast world of amateur football have been recorded in TMS since July 2020, which means that the data covered an entire calendar year for the first time.

The results from 2021 are certainly impressive, with 17,571 clubs from 201 member associations involved in the transfers of 35,367 amateur players (men and women) of 202 different nationalities.

Germany recorded the highest numbers of both incoming (5,122) and outgoing (2,651) transfers.

For each of the above categories, the Global Transfer Report 2021 includes analyses on the players’ nationalities, ages, and movement between confederations and associations.

For professional players and in addition to the list of top transfers, the report also provides further analysis in respect of employment contracts while also presenting the top performers at confederation, association and club levels.

The report also features a complete list of the number of transfers in each member association for each of the respective categories.

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Prudential Africa Becomes Official Insurance Partner of AFCON 2021

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Prudential Africa AFCON official insurance partner

By Modupe Gbadeyanka

A foremost underwriting company, Prudential Africa Plc, has become the official insurance partner of the ongoing 33rd edition of Africa Cup of Nations (AFCON) 2021 in Cameroon.

This followed the sponsorship deal signed by the organisation with the Confederation of African Football (CAF), the highest football governing body on the continent.

Speaking at a press conference to announce the sponsorship, the Chief Representative Officer, Prudential Northern Africa Region, Mr Eric Mboma, noted that the partnership underscores the company’s commitment to the African continent.

“As we grow our business in Africa, we also want to support the passion and talent of its people. Africans share a common love for football and we are honoured to be part of a tournament that unites the continent and brings together the brightest talents of African football,” he said.

Mr Mboma added, “Through sports, Prudential wants to encourage people to stay active and lead more healthy lifestyles. As a life insurer, we believe that health and wellness are important for people to live fulfilling lives.”

Commenting on the deal, the General-Secretary of CAF, Mr Véron Mosengo-Omba, stated that, “We are excited and pleased to have on board Prudential Africa as a partner. We share a common purpose in our commitment to developing local talent as well as driving prosperity for the people of Africa.”

AFCON 2021 started on January 9 and will run till February 6, 2022.

Prudential Africa is a global financial services group providing life insurance, pensions and asset management products and services to approximately 20 million customers in Asia and Africa.

It has life insurance operations in eight countries across Africa: Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo, Uganda, Zambia and Nigeria.

For nearly a decade, the life insurer has been providing affordable insurance and health solutions. Today, it serves more than 1.7 million customers through a distribution network of more than 13,000 agents and 600 branches.

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Newcastle Sign Chris Wood from Burnley to Boost Squad

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Chris Wood

By Adedapo Adesanya

Newcastle United Football Club have announced the signing of New Zealand striker, Chris Wood, from Burnley for an undisclosed fee.

Wood signed a two-and-a-half-year contract with the Magpies, arriving in time for the club’s Saturday’s Premier League clash with Watford at St. James’ Park.

The 30-year-old becomes the Magpies’ second signing of the January transfer window following the arrival of England international full-back, Kieran Trippier, from Atlético Madrid.

Wood will wear the number 20 shirt – the first number he wore for his country. The Auckland-born forward has scored 27 goals for the All Whites in 60 international appearances.

Chris Wood said: “This is a very exciting opportunity for me and I’m delighted to be a Newcastle United player.

“I have played at St. James’ Park a few times and it’s an amazing place, so to have the chance to represent this club with those incredible supporters behind me and my teammates is very special.

“The club and manager have been first class during this process, and I really can’t wait to get onto the pitch and repay the faith they have in me, especially with a vital part of the season ahead of us.”

Newcastle United head coach, Eddie Howe, while reacting stated that: “Chris is an important signing for us at a crucial time and I’m very pleased we have been able to move quickly and bring him here.

“He is a very dangerous attacking threat, has a physicality and character that I really like, and he has vast experience in the Premier League. He will be a great fit for us.”

Wood began his career in his native New Zealand with clubs in Auckland and Hamilton before a successful trial saw him move to England with West Bromwich Albion in 2008.

After impressing at youth level and breaking into the first team, he enjoyed loan spells with Barnsley, Brighton, Birmingham City, Bristol City, Millwall and Leicester City, eventually completing a permanent switch to the Foxes in January 2013.

He helped Nigel Pearson’s side to the Championship title during the 2013/14 season and was loaned to Ipswich Town in February 2015 before a move to Leeds United followed that summer.

Wood netted 44 goals in 88 appearances in a Leeds shirt – including an injury-time equaliser at St. James’ Park during the Magpies’ successful Championship-winning season – and he was soon snapped up by Burnley in summer 2017 for a then-club-record fee.

He moves to St. James’ Park after four-and-a-half years at Turf Moor, during which he helped the Clarets to become an established top-flight side with 49 goals in 144 Premier League appearances.

Now with his addition to the relegation-threatened club, he will be hoping to help turn the Magpies fortune around.

The club is currently 19th on the English Premier League 2021/2022 log with just one win out of 19 games played so far.

The Saudi Arabia government recently acquired Newcastle from British retail tycoon, Mr Mike Ashley after a prolonged legal fight involving concerns about piracy and rights abuses and will hope to inject enough funding that will make the club competitive.

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