Hello, guys please I need your help. There’s no betting shop in my area so I plan of renting a shop and use it for the betting business. Please I need advice from who is in the business already or someone with an idea of how it works.
Is the business lucrative? How much can I start it with? What is the best betting to partner with? I’m thinking of Bet9ja. Please someone should help me with some information. I haven’t done anything related to this before and I usually do not bet.
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4.5℅ of your total sales I.e amount played. When you check your quick report through the virtual platform, you’ll see it there
You been the shop owner you get paid a weekly commission every Tuesday.. Commissions are calculated based on number of tickets you play per day..
And as the operator that’s if you’re employing someone, top up from virtual is a means of making money.. By top up I mean those monies that are not up to 50 or 100 naira (depending on your location) are yours to pocket.. E.g I play a game of #150 and win a sum of #1,990, the #90 will be yours.. so at the end of the day, calculate the total money at hand minus the opening balance for the day.. e.g 17500-10000 I.e 10000 opening balance.. you’ve made a gain of 7,500.. Note this has nothing to do with your commission
It’s lucrative when you’re the only one doing it your location.
Baba betting business is lucrative if you have enough people coming to your shop. I heard somewhere that Betway has fewer requirements. Anyways I do not have much knowledge