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Sport betting business
piphunter
#1 Posted : Tuesday, August 11, 2015 11:50:33 AM
Rank: Hello


Joined: 3/23/2015
Posts: 9
Location: Nairobi
Hi guys.I am interested in starting a sport betting website like sportpesa.I need know how much the licences cost.Do I need to deposit a certain amount with the regulator?
I am still on the idea evaluation phase so any input would be highly appreciated.
lekamu
#2 Posted : Tuesday, August 11, 2015 1:16:49 PM
Rank: New-farer


Joined: 2/22/2015
Posts: 60
piphunter wrote:
Hi guys.I am interested in starting a sport betting website like sportpesa.I need know how much the licences cost.Do I need to deposit a certain amount with the regulator?
I am still on the idea evaluation phase so any input would be highly appreciated.


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piphunter
#3 Posted : Tuesday, August 11, 2015 10:36:09 PM
Rank: Hello


Joined: 3/23/2015
Posts: 9
Location: Nairobi
Thanks but i need details
Mike Ock
#4 Posted : Wednesday, August 12, 2015 2:49:08 AM
Rank: Member


Joined: 1/22/2015
Posts: 647
Here is my input:

Consider the morality of making money on gambling. What they don't tell you is that in these 'addiction' businesses, the lions share of profits come from hopeless addicts who spend their life savings on stupid bets. Currently the betting outfits that have cropped up are owned by European investors who don't mind milking Africans dry for profits as usual. But you as a Kenyan have to ask yourself whether you are OK doing the same to your fellow African brother
Demixl
#5 Posted : Wednesday, August 07, 2019 10:10:15 PM
Rank: New-farer


Joined: 6/28/2019
Posts: 10
Quote:
Here is my input:

Consider the morality of making money on gambling. What they don't tell you is that in these 'addiction' businesses, the lions share of profits come from hopeless addicts who spend their life savings on stupid bets. Currently the betting outfits that have cropped up are owned by European investors who don't mind milking Africans dry for profits as usual. But you as a Kenyan have to ask yourself whether you are OK doing the same to your fellow African brother

Of course, I agree with you, because major part of gamblers simply waste money because they don't analyze the current events. For example, I've been researching the sport sphere (especially football) before my first bet, that was successful, because I knew, that the main player of opposite team had an injury that will prevent him to play well. So I made a bet at this trusted sports betting site https://resortbet.com/sportsbook and simply waited for the match outcome and, as a result I was right and won my first $ 100 :)
Chaka
#6 Posted : Thursday, August 08, 2019 8:56:51 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,102
Demixl wrote:

Of course, I agree with you, because major part of gamblers simply waste money because they don't analyze the current events. For example, I've been researching the sport sphere (especially football) before my first bet, that was successful, because I knew, that the main player of opposite team had an injury that will prevent him to play well. So I made a bet at this trusted sports betting site https://resortbet.com/sportsbook and simply waited for the match outcome and, as a result I was right and won my first $ 100 :)[/quote]
What was your "investment",i,e how much was placed on the bet?
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