Betting sites zifungwe/ regulated
- Thread starter Subzero
- Start date
Zisifungwe. Wacha peasants wakamuliwe until they learn. Mimi huwa sihurumii mtu anashinda mjengo siku mzima anaenda kuwekelea bet. Wangesoma statistics wangejua betting ni a losing game in the long run. For every Ogada, there are millions of losers. MTU anashinda mjengo ama kudandia mat halafu jioni anawekelea game ya arsenal kichwa siwes hurumia.
Actually, the probability of winning is higher than that of losing. The problem is that when you win, you win small. When you lose, you lose everything. In reality, there are many winners than losers (bila kuhesabu multibets). Lakini hao winners odds ni 1.16. But when they lose wanalose kila kitu. If there were more losers than winners, peasants would stop betting.
So you have most people winning 16% and a significant few losing 100%. Ukiuliza an average gambler akuonyeshe history utaona he wins more often than he loses. But he wins small and loses everything so total ni negative.
So you have most people winning 16% and a significant few losing 100%. Ukiuliza an average gambler akuonyeshe history utaona he wins more often than he loses. But he wins small and loses everything so total ni negative.
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.
