When it comes to sports, Africans lie expectational at the top. In Africa, sports are not only a great source of entertainment, but it also brings a great opportunity to generate some money. Many smart Africans make a lot of money by putting their money on sports and gambling online.
In Africa, many people live below the poverty line. But, betting in sports is one of the most lucrative places in the markets of Africa. You may find half of the population in places such as Nigeria that are actively involved in sports betting. If you’re new in the betting world, then you must have basic knowledge of the gambling industry in Africa.
How safe is it to gamble in Africa?
The South African Government has its own sports betting statistics on a regular basis. These are somewhere the same as that of Southern, Eastern, Central, or West Africa. Also, you should note that the betting markets of Nigeria, Kenya, and South Africa are worth billions.
It has even been found that the operators and sports betting businesses in Europe and the US are trying to expand quickly in the African markets. This fact has led to an incredible rise in online sportsbooks and various gambling sites.
There are various websites that are operating legally and have been granted the permission by Gambling Commission and association. Gambling sites accept payment through a variety of applications or Africa-friendly banking methods including sKrill, Neteller, MasterCard, PaySafeCard, etc.
Why are sports betting on the frequent rise in Africa?
Africa houses a number of sports and offers a variety of jobs for many young people. The markets of Africa enable the bettors to make some quick money, go through tax revenues, contribute to the economic growth and make a progressive move in the country.
It is not likely that people are addicted to sports betting in Africa. Indeed, there are many reasons behind the fact that you can make a huge amount of money out of it.
Africans are crazy sports lovers
Africans are extremely passionate about their careers in sports. With the specificity in football, cricket, basketball, and running races, Africans are exceptionally crazy about their sports. Africans are huge fans of European football leagues and international events such as FIFA. They have got their gatherings intently because of sports in their hotels and bars. The love for sports brings an appropriate opportunity for gamblers.
Mobile betting ranks second when it comes to gambling
Mobile devices are on the frequent rise in the whole world. In Africa, people extremely enjoy mobile sports betting. In fact, many companies have partnered with mobile phone companies to create sports betting products for safe mobile services. The introduction of mobile apps has further made betting more convenient for users.
In Africa, there are Lenient Betting Laws
Africa is very much close to Europeans, Americans, and their sports laws. It is because of its lenient sports laws, the betting companies are rapidly rising exceptionally in Africa. South Africa is the only country in the world that lies at the top in the category of the gambling industry. Gambling is something that is new to many African nations and also, it is a fledgling industry in an unregulated manner.
Which country in Africa gambles the most?
In Africa, there is a huge craze amongst people for sports such as football, rugby, basketball, and cricket. It is not surprising that it is one of the rising continents in terms of sports. It is thriving and exploding in terms of sports and the ultimate rise in sports betting.
Kenya, which lies in East Africa, is the place where online casinos and bookmakers are allowed to operate. In Kenya, people often love to put their bets on mobile devices. This is one of the reasons that gambling companies are popular here in Kenya.
Nigeria is the big betting market in the gambling sector. It comes second after South Africa in the category of sports betting and gambling. The Nigerian government is simply familiar with gambling companies. It has a kind of well-regulated relationship with many gambling companies.
Both online and offline gambling are welcomed in Africa. Both of these platforms are extremely popular with the regulation of local government. The market has various opportunities and is expected to grow in the forthcoming years. If you’re from Africa, you must consider exploring the market.