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Nairaland Forum / Nairaland / General / Business / Between Tayo Oyedeji And Akin Alabi: Is Sports Betting An Investment? (698 Views)
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Between Tayo Oyedeji And Akin Alabi: Is Sports Betting An Investment? by shehuolayinka(m): 5:18am On May 10, 2019 |
The controversy about if sports betting is a form of investment took to center stage again on social media and generating discourse amongst Nigerians. Dr. Tayo Oyedeji, a United Kingdom based Nigerian financial expert tweeted about the discussion he had with some participants at his “Village free seminar”, where said a significant percentage of men at the seminar in Nairobi mentioned sports betting as one of their investments vehicles. Dr Oyedeji in a series of tweets said, the owners of SportsPesa, Betway, Ladbrokes, Nairabet, Bet9ja, BetKing etc make millions by selling poor people a pipe dream. They harvest millions from sport fans who think they can predict the future. Nobody can. Did you think Spurs would win at Ajax? Invest, don’t bet.” “It takes a special level of financial naivety to think that sports betting is a form of investment. It’s Not. You will eventually lose your capital and continue “investing” in a bid to break even. They make the million; you lose your shirt. Don’t do it.” “This sports betting nonsense is all over England; it’s on every billboard in Kenya; it’s big in South Africa; it’s everywhere in Nigeria too. It targets the poor and keeps them poor while a bunch of billionaires harvest capital from the ghetto. Please don’t fall for it.” Read more: https://thebelltimesng.com/2019/05/09/between-tayo-oyedeji-and-akin-alabi-is-sports-betting-an-investment/
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Re: Between Tayo Oyedeji And Akin Alabi: Is Sports Betting An Investment? by Ty207: 5:32am On May 10, 2019 |
Dr Oyedeji is 100% right...sport betting is not an investment |
Re: Between Tayo Oyedeji And Akin Alabi: Is Sports Betting An Investment? by amp01(m): 12:22pm On May 10, 2019 |
Ty207: Is forex trading an investment? |
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