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Hence, a large fraction of Africans above the age of 18 can access their mobile phones and bet on their favorite sports. Mobile money has taken a massive leap in Africa, allowing bettors to withdraw and deposit money quickly. M-Pesa was introduced in the country in the year , which served as a turning point for various betting companies all over Africa. To this day, several payment providers have collaborated with bookmakers to offer a wide range of mobile payment services.
In recent years, several betting companies flooded the African market. Each bookmaker claims itself to be the best, which puts bettors in confusion. However, you should be wise with the selection process to bet with ease. Before selecting a betting site in Africa, there are many things that one must consider. It is advised to choose a legit betting site. For that, you should check the licenses of the bookmaker.
It should be approved by a gambling authority. Furthermore, it is best to stick to a legal betting site that fulfills all regulations of operating in the country. Do not opt for betting sites that are not legal, as you may face problems in retrieving your winning amount. Also, look for the betting markets and choose a bookie that offers wide betting markets.
It is also suggested to select a bookie that supports multiple payment methods and currencies. You should also examine the site for its security. So, these were some basic pointers to keep in mind. So, all the best guys!! Sports betting in Africa. Betting in Africa Africa has the highest numbers of sports fans that have risen in numbers recently in the past decade.
There are a number of reasons why Africans in larger numbers are spending large amounts of money on sports betting. Offshore operators of sports betting services are getting attracted to Africa in large numbers for very good reasons. More than million people in Africa are in the age group of 15 to 24 and a large number of them do not have jobs. In addition, the population of Africa is believed to become twice as big by and the continent will have the world's largest youth population.
The sports betting industry gives these young people an opportunity to earn as they enjoy their favorite sports events. Africans are crazy about sports. Although football has the largest number of fans, cricket also has its fair share of followers.
In Zimbabwe, South Africa, and Kenya, rugby also enjoys a great deal of popularity. European football leagues in general and the Spanish, English, Italian, and French leagues in particular have African fans in millions. Africans also love placing bets on sports such as hockey, basketball, tennis, car, boxing, horse races, motorcycle racing, and other sports.
They are especially enthusiastic about placing bets on outcomes of matches, number of goals, players who score the most, and so on. It is this African craze for sports that makes its sports betting industry one of the most lucrative in the world.
European and US sports betting companies are fast expanding into Africa because of the lenient sports betting laws in most African countries. In fact, South Africa is the only country that has properly regulated its gambling market. In most African countries, gambling laws are new and the fledgling industry is not yet regulated. At the same time, certain Muslim-majority African countries have imposed a blanket ban on sports betting and placing bets on sports is definitely illegal there.
Gambling is also illegal in Gambia, which has banned all forms of gambling including sports betting, casinos, and lotteries. The use of mobile devices is on the rise in Africa. More and more Africans are discovering the joys of sports betting on the move.