In recent days so many people have found a way to put their money in an investment that they think is the best outcome for them to make quick cash and it is getting rampant and spreading like wildfire as days go by.
They believe that it’s better to invest in it and get their profit within hours or minutes rather than wait for a long period of time and this investment is sports betting.
Sport betting has become a get-rich-fast investment scheme and at the same time poor fast investment scheme because of how they dump their money into it with the hope of winning big from it.
Nowadays, women have also started taking part in it and one would say they are even getting better than the men because of their ignorance and sharp wits to play it without even understanding what they are playing. One would say they have huge luck.
Betting has also in turn made the companies involved rich because of the huge amount of money people use in betting but the company has also tasted great loss when it comes to an individual winning a huge sum of money.
Earlier this week, an individual won the sum of 90 million naira ($90k) with just 800 naira (0.95 cents).
Ordinarily, this is a huge win for the individual because that amount will change his life but however, a huge loss for the company and will they be able to pay? The answer would be yes as expected but the company have yet to acknowledge the authenticity of the win with the claim that there was a mistake of odds on their website by their staff.
With the evidence presented by the individuals they still claimed they had the advantage of deciding whether to acknowledge the win based on their “terms and conditions”. Again, the terms and conditions card has been played by a company as we have seen before something like a crypto company.
We all know how long the terms and conditions section, or policy section is that nobody cares about reading them but just accepts them and moves on for when it’s time for trouble that’s when we revert to them. I believe only 1% of people take their time to read the terms and conditions on a website before moving on.
Even though betting is bad, a get rich fast get a poor fast scheme that doesn’t mean one has to be cheated when will terms and conditions be made easy and simple for people to read and understand before accepting them?