People in Africa’s most populous country are increasingly engaged in betting and other gambling activities. Their efforts to better their economic situation often result in further losses, pushing them deeper into financial hardship.

In Nigeria, media reports are frequently highlighting instances of individuals, driven by the desire for wealth or other motives, falling into sports betting addiction. This phenomenon is not limited to the general populace but is also prevalent among business owners and executives of large, including multinational, corporations.

There are cases where individuals, in an attempt to fuel their gambling habits, have resorted to selling personal and business properties, and in some instances, even misusing the working capital of various companies. Such actions inevitably lead to massive financial losses, accumulating debts, and ensuing social issues.

Related: The Vulnerability Of Nigerian Citizens To Gambling: The Role Of Overconfidence

Getting into addiction has never been so easy before

In the past, placing a bet required physically visiting a betting shop, but now, it’s as simple as using a phone. Players can easily register on mostbetregistration.org, choose an event, and place their bets. Additionally, they can access websites or social media platforms featuring prediction experts, which provide guidance and help even beginners make informed betting decisions.

Not surprisingly, this pastime has become extremely popular among Nigerians due to the widespread use of mobile devices even in this not the richest African country.

Addicts do not want to discuss their problems

Journalists of Nigerian media quite often call their compatriots to discuss the phenomenon of gambling addiction, but rarely get consent for interviews or even short comments on the problem.