EFFECTS OF BETTING ON NIGERIAN YOUTHS
PATIENCE JOHN (Maiduguri)
Gambling is the wagering of money or something of value; it is an event with an uncertain outcome with the primary aim of winning mostly money, and according to the English dictionary gambling is an activity characterized by balance between winning and losing that is governed by a mixture of chance.
Betting on the other hand is an agreement between two parties that a stake (usually money) will be paid by the loser to the winner, the winner who correctly forecast the outcome of an event.
Sport betting has become a trending issue among youths all over the major cities of Nigeria; in which each corner of a street has a betting center and it is always full up with youths who want to get rich quickly thinking betting is the only way to escape poverty without acquiring the skills of getting rich.
But betting has become a serious hidden addiction in which one cannot see it in their body or smell it in their breath, this addiction lead them to feel more reluctant and lazy believing it is the easiest means of earning money without stress.
If some youths from the age of 18-40 choose betting with the probability of getting rich, therefore they need to learn the fundamentals of financial and time management. If you cannot invest with your current earnings of N20, 000 per month that means you cannot be able to manage N5m when you are opportune.
The sport betting have a bad influence on youths, this bad influence include drug abuse, low grade in their studies if one is a student, illegal activities of financial usage, lack of time to concentrate on their daily activities and other high risk behaviors that is against the law.
The successful people around us did not create the wealth they enjoyed they get that through dedication, hard work and financial management in which they sustain and protect it, am sure that many Nigerian youths admire and want to be like Alhaji Aliko Dangote, the African richest man thinking it is by jumping up and down doing nothing with the little they earn and expect manner to fall from heaven not knowing that wealth creation is about plan and management.
Nigerian youths must learn that getting rich is all about developing what is within and bringing the best out of them by casting out the spirit of laziness and think big which is through starting up something good that may lead to the development of the nation.
Our youths should learn that miracle don’t just happen to those who don’t work for it and betting is never a source of wealth, but try to bring out the best in them by displaying the different gifted hands in them so as to tackle the economy recession of the country, I urge the youth to do away with betting activities and concentrate on building their capacity and ability of their energy and put them in a correct and good stead in other to take advantage of any good opportunity that come their part.
Patience John is a-300 level student of the Department of Mass Communication
University of Maiduguri