So, eSports Is Now Massive In Nigeria

Two guys play console games in Nigeria
Image Credit: Nickhagenphotography.com

The market of eSports is becoming more popular with punters across the world with every passing month. This is truer in Africa than it is in anywhere else. That’s because eSports have really taken off with players and punters alike.

Nigeria’s New Obsession

Africa has always been a continent that is famous for its vibrancy and passion when it comes to sport. So it makes sense that the rise of eSports and the associated betting markets have captured the imagination of the African people. This is certainly the case in Nigeria where eSports have quickly become big money with players and punters.

It is a market that has enjoyed a boom period over the past seven years. In 2010, the total amount of prize money being offered on eSports tournaments was just over $5.5 million worldwide. There was a total of 2,829 players participating in 843 tournaments around the globe.

man in hut playing game in Nigeria
Image Credit: Nickhagenphotography.com Knightz Gaming Centre in Festac, Lagos

By 2014, those figures had risen to $36.9 million being handed out in prize money globally and there were 7,415 players taking part in 2,916 tournaments.

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Now, as we enter 2017, it can be confirmed that 2016 saw $93.1 million awarded to players across eSports tournaments worldwide. There were 13,360 players active in 3,683 tournaments around the world over the whole year.

It is an obsession that has spread across Africa and has truly found a home in Nigeria. Players are beginning to participate in eSports and bet on eSports just as much as they participate and bet on real sport.

Gamers stand outside a mobile esports truck in Nigeria
Image Credit: Nickhagenphotography.com
Gamers check out a mobile eSports venue in Lagos, Nigeria

Revenues in eSports were estimated to hit $493 million over the course of 2016. This was a 51.7% increase on the revenue figures recorded for 2015. These figures are the very reason why so many individuals in Nigeria are so enthusiastic about increasing the profile of eSports in the country.

eSports Prize Money Exceeds $150 million

To give an insight into the vast sums of money involved in these games, Dota 2 has seen a total of $93.3 million in prize funds awarded to players. League of Legends eSports players have pocketed more than $37 million in prize money. Finally, Counter-Strike: Global Offensive has payed out $26.9 million in prizes to players.

It is an industry that Nigeria is keen to get involved in. 2016 saw entrepreneurs in the country set up the African Gaming League. Founded by Amaete Umanah, the league hosts eSports tournaments across a number of different cities in Nigeria in an effort to improve the standard of eSports players and give the country a chance to enjoy a slice of the lucrative eSports prize money pie.

More Gambled On eSports Than Ever Before

The betting industry has been quick to catch on to the eSports trend. Bookmakers in territories that offer legalized gambling on sports are offering a wide variety of markets relating to eSports. Market researcher Eilers has already projected that $23.5 billion will be bet by punters on eSports by the year 2020.

men in cafe playing console games
Image Credit: Techpoint.ng
Nigerian eSports fans enjoy League of Legends and FIFA

In 2016, some bookmakers confirmed that more money had been wagered on the outcome of a League of Legends tournament than on the highly-anticipated Champions League Final between Real Madrid and Atletico Madrid.

Nigeria is a country that has strong figures when it comes to gambling revenue too. In 2016, it was expected that revenues relating to gambling in the country could hit the $182 million mark.

The Future of eSports Betting in Nigeria

Nigeria has never been a country that has been overly influential on the global landscape when it comes to the financial markets. However, eSports is giving this passionate country a chance to become a big player on the world stage.

2016's winning Brazilian eSports team
Image Credit: www.pipocagames.com.br

At this current time, the world’s best and highest paid eSports players come from the expected regions of China, United States, South Korea, Scandinavia, Canada and Brazil.

Nigeria is the 7th most populated country on the planet with a population of 189 million entering into 2017. That means that if it can use eSports to capture the imagination of its people, then Nigeria will be in a prime position to have a huge impact on eSports and the betting markets.

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Gambar kredit: www.tenniskafe.com

 

How I too can beat the slots

How I too can beat the slots

Every day I get email from “experts” that want to sell me their system describing how I too can beat the slots. Some even suggest that I could easily make $1,000 per day. Well, I would love to make $1,000 per day playing the slots, but they are all scams to sell you worthless information.

Sure, you “could” easily make $1,000 per day, but… you won’t, and these con men know you won’t, they are avoiding false advertising prosecution by using the word “could.” These advertisements are no more credible than if I were to advertise a book for $79.99 that claimed:

“You could win a million dollars tomorrow in the next lottery drawing, buy my book for $79.99 to find out how.”

I could fill the book with all kinds of really interesting and worthless information, telling you how to pick six numbers on a lotto card, and fulfill my promise, but do you think my book or my system will make you win? No, but with or without my book, you “could” easily win.

I have taught both probability and statistics in a university. I promise you that both are working against you in a big way every time you play the slots. Las Vegas itself is a testament to losers. They didn’t build those huge คาสิโนออนไลน์ casinos so people could stop in for their $1,000 per day handout.

Because I wanted to see what these slot machine books were all about, I gave a few of the “system experts” the benefit of the doubt and challenged them to send me their system for a free trial in exchange for two things, my testimonial if it worked, and half of my first two days of winnings if it worked.

Doesn’t that sound reasonable? If it worked, I would write a supportive testimonial for them to use on their website, and if I really made $1,000 per day for two days, I would pay them $1,000 for their system.

To me it seemed more than reasonable, they were only asking $29.99 for their system and if it was legitimate and really worked I was willing to pay them $1,000 for it. I guess they were not only con men, they were not really gamblers either.

In fact, only one of them even bothered to respond to my challenge and he told me that his system was just too valuable to waste his time on a doubter. Reading between the lines, this means, he had too many suckers lined up to buy his scam to risk me exposing him.

I think what these systems rely heavily on is that gamblers, particularly problem gamblers, believe there must be something out there that will give them an edge. They will buy these “systems” with the hopes that the con man offering it was once in their position and made some kind of discovery that has been eluding them. The reality is that the con men have only discovered a human weakness and they are preying upon it.

Today’s slot machines are built strictly on probability theory and the statistics dictate that in the long-run the casino will win. Sure, you can win, but if you play long enough, you will certainly lose. If there were any kind of system that assured you of coming out ahead playing the slots, then both the statistics and the probability theory supporting the entire premise would be skewed in favor of the gambler and the casinos would be shutting down.

The slot machines are really nothing but computers playing a cycle of probabilities. If you win it is because you happened to play when the machine happened to hit one of the probabilities that results in a payout. These are always fewer in number than the probability that results in you losing.

The next time you are in a casino take a look around. Each and every slot machine in the casino costs the casino several thousand dollars. Most casinos cost many millions of dollars to build, and some employ hundreds of people just to keep them going.

Take a look at the ceiling and count the cameras, then multiply this number by a couple thousand dollars to see how much the casino invested in security. Look at the beautiful tiled floors, the lush carpets, the dining facilities, etc., then ask yourself if you really believe some low-life con man really has a system that would assure you of taking $1,000 per day from this place.

Take it one step further and ask yourself why he would sell it to you for $29.99 when he could sign contracts with other people to work for him with a non-disclosure agreement and no compete clause.

They could be his employees applying his “system” for $300 per day pay while turning over the other $700 per day to him. Why is he making his “system” available to you for $29.99? Because he can’t make any money consistently playing the slots and he needs you to buy his “system” for the seed money to support his habit.

If you like playing the slot machines and do not mind losing a little money for the sake of the entertainment value, great. If you want to play the slots for the occasional thrill of winning and are willing to lose in the long-run, great.

I personally find scouting for books and looking up their value online to be a lot like playing the slots, but when I look up a loser it doesn’t cost me anything but the few seconds it takes to look it up and I am always pleasantly surprised when my cell phone tells me that I have found a winner.

Michael E. Mould is the author of “Online Bookselling: A Practical Guide with Detailed Explanations and Insightful Tips,”, and developer of “Bookkeeping for Booksellers,”, a 19 sheet linked and tabbed Excel Workbook designed to assist online booksellers with the calculation of their in-state retail sales tax obligations and the preparation of their Schedule C tax forms. “Bookkeeping for Booksellers” also provides 55 integrated graphs to visually show an online bookseller just how their business is performing.

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