As you might have seen, a number of sports betting brands have ceased to exist within the last year. Why is that? Some were not competitive enough and didn’t invest as much as needed into innovation and growth. Others were caught off-guard with all the global lock-downs, there were virtually no sports to trade and unless a brand had a good offering of eSports – they were almost out of business. eSport has become a massive betting sector and is only going to grow. That is however, a completely different subject, but if you are interested in some numbers, you can check out Newzoo’s latest reports. What we would like to cover now is how all of this looks like from a regular sports bettor’s perspective and what you might want to keep in mind.
Things You Might Not Know
As we mentioned above – betting brands have to adapt quickly to the ever-changing industry. This implies taking an innovative approach and introducing new features and creating better promotional offers to attract new players. This is a perfectly reasonable approach any good bookmaker would take to stay competitive. The only issue here is the fact that these changes often come completely unnoticed by the general betting community.
People are usually inclined to stick with the same betting brand they were using for years and are not incentivized to try anything new. That’s perfectly fine if you are like that, however we would still be happy if you could take some time to listen to what we have to tell you. You can then make your own informed decision of what oath you would want to take.
Promo codes used to be a “thing” years ago – you register with a code and get something special for that. This was quite successfully replaced by all the sign-up offers you can find out there. It has been that up until roughly the last year – now promo codes seem to be coming back. There are some good reasons behind that – you don’t need to use the code immediately, you can just remember it or write it down and you can also share it with friends. Codes can be easily found online, all you have to do is just search for them, yet we would like to reward you for taking the time and listening to what we have to say. It is a promo code “100NGN” – you can use it with Melbet, BetWinner and Paripesa.
Minimum Stake Requirements
Almost all Nigerian betting sites are lowering their minimum accepted stakes, this is another measure to attract more players and create more betting opportunities. Let’s agree, we don’t always bet to make money – usually we do it just for fun. In such cases the amount you bet isn’t that important, in fact you might want to place as small of a bet as possible.
Another situation where you might ask yourself “Where to bet with 50 Naira?” is if your betting strategy implies low-risk profiteering. This is one of the most popular betting strategies and is surely the safest one. You need to do some research to find games where there is an obvious favorite, you back the favorite and your bet will almost always win. It is, of course an oversimplification, but you get the idea. People who use such a strategy need to place small bets in order to minimize possible risk and now some Nigerian bookies allow placing bets as low as 30 Naira.
What to Expect in the Nearest Future?
We can expect a significant shift in the dominance hierarchy of betting sites – this applies mostly to local brands. Some bookmakers will significantly improve their services, offering and promotions, so you might want to keep an eye on that. We don’t want to promote any specific betting site at the moment, but we would like to give credit, where credit is due. There is one betting site which has shown tremendous improvement in the recent years and will definitely become even better going forward. The bookmaker we are referring to is Melbet Nigeria, feel free to read more about them in case you are interested.
Stay in Control of Your Hobby
However good things may go for you, it is important to remember that sports betting is first of all a hobby. You should not rely on it as a means to resolve financial difficulties, doing so will only make matters worse. If you find yourself in a situation where sports betting is seriously affecting your everyday life and you are spending more than you can afford – it is time to seek assistance. A good place to start is https://www.gamblingtherapy.org/en. They have tons of useful information you can read, live chat support, where you can speak with an actual person and online support groups, where you talk and discuss your issues.