Nations of the world are facing one form of economic downturn or the other. The price of commodities is rising each day. That which could feed a household for an entire day a year ago can barely take them through a single meal session today. The poverty index has become a nightmare for some nations. The daily income of most persons can’t meet up with their daily needs. Unemployment rates are growing higher than ever before. Given all this, people must find ways of making ends meet.
Nowadays, it isn’t funny to survive on a single source of income. One has to try out other means of “making money” and creating wealth. To create wealth requires patience. Wealth creation is a long-term plan in itself. Experts won’t advise an intending investor to desire to reap high returns on investment within a short duration after the investment had been initiated. But what can one say concerning sports betting?
Can it bring wealth in the long run? In times past, it was common in Nigeria to hear of sports gambling under the name POOL (Coupon). But in recent past, there has been a swift migration to sports betting. This new concept is smarter, more attractive, less expensive, easily accessible (online, mobile short codes), etc. The POOL of the past attracted mostly the aged, but the present-day betting lures the youths.
Sports betting has spread all over the cities in Nigeria. Sports lovers are earning cash from what they enjoy most. While some have won millions, and some hundreds of thousands, and others thousands, yet others hundreds, but the unfortunate ones have been losing their price money ever since they went into this money-making venture.
Betting is a game of luck and there are no guarantees. Betting is not a path that can effectively lead one to financial freedom. Irrespective of how promising it looks it can’t take the place of strategic planning and work execution. Money/wealth must be grown. Grow your capital on ventures that obey financial laws for success. Wealth is rarely gotten by chance!
By Itoro Orok
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