Ghana is becoming one of the biggest gambling nations in Africa, and most of the gambling is done by people between the ages of 18 and 40.
South Africa, Nigeria, and Kenya are considered to have the largest betting markets in sub-Saharan Africa, but Ghana is not too far behind.
This explains why international betting heavyweights like betway have since stormed into the Ghanaian market.
Ghana’s gambling surge has been fuelled by the increase in the usage of mobile phones, better internet, and the ease of mobile money transactions.
While some Ghanaians still patronize physical betting shops, over 80% of bettors now bet online via their mobile devices.
With these technological factors set to get better in the coming years, online sports betting in Ghana is projected to rise even higher.
On the surface, sports betting holds plenty of promise for bettors, but in most cases, these promises go unfulfilled. Many Ghanaians have won money from sports betting, but even more, people have lost their money.
The bottom line is that there are no guarantees, hence, the need to be careful with betting activities. It is very easy to completely lose the plot and slip into gambling addiction.
The dangers of gambling addiction are real. Not only does addiction affect physical and mental well-being, it also eats deep into finances and damages one’s social life.
The frustration and depression that arise from a lost wager can damage your relationship with people.
In fact, some gamblers have already slipped into addiction without even knowing it.
So please check yourself and be sure that you still have control over your betting life.
If your primary aim of getting into sports betting is to make easy money and get rich, then you are going about it the wrong way.
You are a prime candidate for gambling addiction! Sports betting may have its bad consequences, but it remains a great source of entertainment if done in the right way.
Some bettors take sports betting as a challenge to test their sporting knowledge and prediction prowess. Placing a bet and anticipating a result can be a very exciting and exhilarating experience!
Of course, it is almost impossible to separate the entertainment value of sports betting from its potential financial benefits. They go almost hand-in-hand.
Sports betting does present an opportunity to make some extra cash, but you have to be realistic and accept that the success or failure of a sports bet is out of your hands.
Having this understanding helps you to be disciplined in your sports betting life and guard against gambling addiction.
A disciplined bettor bets with money he or she can afford to lose do not bet with borrowed money and doesn’t go chasing after losses.
In the end, no one is asking you not to bet, but you have to be very wise and sensible about it.
There are opportunities in sports betting, but it can also be a source of serious head and heartaches!
Slow down, take it easy, and be very calculated about how you spend your money on sports betting.
Source: OccupyGh.com
Source: OccupyGh.com
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