,
5 tweets,
1 min read
Read on Twitter
The owners of SportsPesa, Betway, Ladbrokes, Nairabet, Bet9ja, BetKing etc make millions by selling poor people a pipe dream.
They harvest millions from sport fans who think they can predict the future. Nobody can.
Did you think Spurs would win at Ajax?
Invest, don't bet.
They harvest millions from sport fans who think they can predict the future. Nobody can.
Did you think Spurs would win at Ajax?
Invest, don't bet.
It takes a special level of financial naivety to think that sports betting is a form of investment.
It's NOT.
You will eventually lose your capital and continue "investing" in a bid to break even.
They make the million; you lose your shirt.
Don't do it.
It's NOT.
You will eventually lose your capital and continue "investing" in a bid to break even.
They make the million; you lose your shirt.
Don't do it.
This sports betting nonsense is all over England; it's on every billboard in Kenya; it's big in South Africa; it's everywhere in Nigeria too.
It targets the poor and keeps them poor while a bunch of billionaires harvest capital from the ghetto.
Please don't fall for it.
It targets the poor and keeps them poor while a bunch of billionaires harvest capital from the ghetto.
Please don't fall for it.
Save your money in a high yield savings account. Invest it in a money market fund once it's big enough for the minimum investment threshold. You can invest into Stanbic Bank mutual fund with N5000 or Equity Bank with Ksh 1000 or FNB with R1000.
Don't bet your life away. Invest.
Don't bet your life away. Invest.
I wrote this thread because a significant percentage of the men at the Village Fire seminar in Nairobi mentioned sport betting as one of their investment vehicles.
Please note: it's not an investment. It's gambling. You will eventually lose everything.
Please note: it's not an investment. It's gambling. You will eventually lose everything.
