Richuse betting

Sports and Youth Affairs Cabinet Secretary: Stakeholders welcome Ababu's nomination Betin, on the other hand, before closing shop was owned by GoldBet Group, one of the largest and successful betting and gaming operators in Africa and Europe. Unlike its competitors whose main focus is primarily soccer, Betin had a variety of betting options on its menu that ranged from-Tennis, American Football, Volleyball, Snooker, Badminton, Politics, Darts, Cricket, Cycling, Water polo, and Ice Hockey among other disciplines.

Winnings Sportpesa and Betin had great Jackpot winning options. You only needed to predict 17 games correctly to hit the Sportpesa Mega Jackpot. Every weekend the amount would start at Sh million, with the amount increasing every week till someone wins by correctly predicting the outcomes of the matches.

However tough this was, at least four Kenyans managed to get the bets correctly and hit mega jackpots. The fortunes of luck from Sportpesa mega jackpot were so huge that they would automatically change the life of any lucky fellow who dared hit it right. Really, what would you do with hundreds of millions of shillings that you earned by simply predicting game outcomes and staking a few coins?

Betin is also on record for having paid out Sh20 million to a lucky trader who successfully predicted wins with only sh. Then there was live betting where one would predict and stake live while the game is on. From its outlets, Betin had virtual gaming that provided a variety of sporting options for all gambling lovers.

This meant that for all wins the client winner in this case gets 8o per cent of the total fortune. The betting company would deduct and promptly remit to the taxman - Kenya Revenue Authority. The taxes were introduced last year by the Finance Act but have faced litigation and delaying implementation. The new taxes came amid the then sustained public criticism of the growing influence of sports betting companies which have expanded into thriving multimillion-dollar businesses on the back of servicing local customers.

However, while other gambling companies complied, SportPesa and Betin felt that this was rather retrogressive. According to addictions. The American Psychiatric Association identifies gambling as a mental health disorder similar to addictions triggered by alcohol and drugs. These are seven signs that you might have a gambling disorder: The need to gamble with large amounts of money Feelings of restlessness or irritability when not gambling Repeated and unsuccessful attempts to quit gambling Finding yourself wholly preoccupied with gambling Gambling to manage stress Continuing gambling to "get even.

Never risk more than you can afford to or are prepared to lose. Never use money allocated for other expenses to gamble. Always set limits before you begin, including limitations on the amount of money you wager and the number of hours you spend gambling. Take advantage of gambling-oriented self-help resources offered by the wagering platforms. Never "chase" your losses.

Never gamble when you are sad or depressed.

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