Online sports betting boosts economy through internet data usage - Daily Post Uganda

Online sports betting boosts economy through internet data usage

Punters placing their bets in Lira Fortebet branch using online betting system on company laptops.

KAMPALA: Sports betting houses have increased in Uganda with many offering online betting options in which punters stake money on games without having to physically go to the betting shops, something that has increased data uptake in Uganda.

The heaviest data traffic uptake is experienced on weekends, according to service providers such as MTN Uganda, Tangerine, Airtel, Africel, Smile and others.

Some of the popular online betting sites include Fortebet, Ugabet, BetWay, Sports Betting Africa, abaBET, World Star Betting, 256Bet, betin, and many more which have helped data providers in Uganda to earn from fans who buy data just to play or stake on games using computers, laptops, ipads and mobile phones hence boosting economy through increased Value Added Tax collected.

Given the innovations in technology, online betting has emerged and gained firm ground on the Ugandan market. Its flexibility and ability to fix majority of the disadvantages that the manual system had, has made it a darling to many especially the youths. Some of them include the following:

Saving time

Standing in a long queue, served by a single person, can be tiresome. Such a delay in service only costs the customer. A person’s shortlisted games could in the meantime kick-off implying that they are void and no longer applicable for the bet. Online betting makes it easier for a client to stake on their games with the least to worry about in terms of time, and this can be done absolutely anywhere. It may be at home, in a taxi, name it.

Privacy of individuals

Some people, in respect of their professional status and responsibility, find it very hard to step up in a betting house with a fear of recognition. They instead opt for online means since it requires just the use of a PC or smartphone.

Invulnerable to damage

The manual system requires a client to receive a receipt which indicates the games staked on, and the expected win amount. This small paper can easily tear into pieces, burn up, get wet by liquid, or even be accidentally dumped in the bin. The online system cannot face such damage in anyway because the client is able to access their account wherever they can access an internet connection from.

Automated payments

Once a win is registered, the client’s amount is automatically deposited to their account. This is unlike the manual system which requires one to move to the betting house and claim his win, of which he cannot account for it if he does not claim it within the next 30 days. Sometimes the employees at the house could not be in position to raise that exact amount, and the client has to wait until it is delivered from the head office.

The above, coupled with the ease of use without requiring any school to learn, have given online betting a springboard rise over the traditional betting houses. However, not many people find favor in it. The requirement of an internet connection makes it a little expensive for some individuals. There are also charges levied on deposits and withdraws made from one’s bet account, a thing you won’t find with the traditional system. It also requires an individual to register their personal details before acquiring an account, which many find rather insecure.

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