This is worse than Kimwarer Waters... Super Thieves Economy

The Betting Board reports that yesterday, people spent KSh.997.3 million in all betting companies in Kenya and the payouts to winners was a paltry KSh 7.13million :rolleyes::rolleyes::rolleyes:

Wajinga ndio waliwao

I did not bet.

What do you expect kama watu hawajui hesabu na hawatumii akili? Sometimes I don’t sympathize with peasants. Hii forum pekee imejaa wajinga wa betting na utawaona wakipeana odds huku thinking of how wise they are. Hiyo kitu niliwahi jaribu and did some very complex calculations nikaona you can never win against the house in the long run.
The only way to always win in betting is arbitrage. Arbitrage opportunities are extremely rare and the margins are too slim to make it worth the hustle. Usisahau if betting companies realize that you are into arbitrage they ban you instantly.

Link

Same kind of peasants mentality being exploited in most of the other high end scams like these Jubillee development chieth…even stopping at nothing to construct dams with cutlery and carpets to deliver vision 2030 …njaa tupu :meffi::meffi::meffi:

So when did the betting board say this exactly?
Because that Tweet has been trending for a few days now.

Obvious fake news.,. spread by ‘sent as received’ battalion.
Let me explain to you very slowly.

  1. Kenyans don’t have Sh1 billion to bet daily. We’re poor.
  2. If that was the average, Sportpesa would be the biggest betting company in the world, more profitable than the likes of Bet365 and Betfair.
  3. If those figures were true, and in a market where Sportpesa has like 80% share, it would be one of the most profitable companies in the world.
  4. The Betting Board has no way of knowing such data, leave alone knowing 24 hours later.
  5. Finally, even though the house always wins, a winnings payout of only 0.7% is unheard of.

NiliBet 1k …ikaenda na mhindy
Drunk 3k…
So what

Kwani unathani watasafisha aje loot?!

Toj

Hi thread imefanya nipate hi ad
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You have a betting f*ck joint… It’s obvious my fren

You’d be an ass to bet on the 1x2 market, betting on other markets is where ones chances of increasing their chances of winning are.

You work so hard to earn that 1,000 shillings and just give it to a billionaire. Enyewe @Panyaste is right, kuna watu hawajipendi. And then you do it week after week after week. 52 weeks umepoteza 52,000shillings

Hu

Hujaongeza lanye 500 bob

Niaje @patco

Leisure…entertainment…iq yako iko kwa mcoosh
Other men use the money kwa slayqueen …mpango wa kando…
Choose ur poison arsehole

Ni nini uchungu mwingi? Ni mimi nimechukua pesa zako? Au ni sindano imeingia dawa imeanza kufanya kazi

I have a brain.

2k uchune sukuma