What is the real problem with betting in Kenya? Betting companies are carting away the equivalent of what we get as foreign remittances, which ranks among the highest foreign exchange earners. This is a stupid way to loose one's forex reserves. It is depressing to see idiots, some in bike helmets, give away forex that would go a long way to relieve pressure on the local currency.The problem would not be as serious if this money remained and circulated in the local economy. Second, the foregone expenditure of close to 240 billion in the local economy goes to depress consumption. This has contributed to the difficult economic environment currently being witnessed in the country.