A Nigerian Man Won $51,000 in Sports Betting With a Bet of Just $1.072

[Blawpaw]

Last week, on the 14th of October, 2022, A Nigerian Man used 800 naira (which is equivalent to $1.072 in today's NGN/DOLLAR exchange rate) to bet on sports...

He later won a whopping 38,317,137 Nigerian naira (which is equivalent to $51,363.454 in today's NGN/DOLLAR exchange rate).

         ....How luckier can one get?😁😁😁

Below is a quote of the entire article

An unidentified man has become a multi-millionaire after placing a bet on sports betting site with only N800.

The man, who instantly became a celebrity in a viral video, was seen with neigbhours trooping to the betting centre to confirm his N38million win after words spread out.

The system screen showed the man placed the multiple bet on Friday, October 14, 2022 with N800 only and won N38,317,130.00

After confirming his win, the man headed straight to the mosque to perform ‘Salat’ (daily obligatory prayer for Muslims). The crowd that had gathered to confirm his win followed him to the mosque, kept hailing him even as he ignored them and carried on with ablution for his prayers.

Wow, the guy was very lucky. What are the chances of making like 50k times more than your stake?? This was incredibly amazing and I feel very happy for the guy. I take it that this sort of amount of cash in Nigeria is a lot of money, so this will be like a new beginning for this guy. I hope he knows what to do with his money because normally when someone who is not used to having a lot of money finds himself with that kind of money on his hands, might take him to go for the wrong choices. Hope this never happens and I Wish him all the best!

[khaled0111]

Sport betting with multiple play or parlay have highest chance to earn jack pot.

This is not completely accurate because the higher the multiplier is, the lower your chances of winning. So, it's true that you will win a big amount of money but you need to be very lucky.

If you live in Nigeria, then you would understand that that was not a major news, it just like something happening which picked the interest of a person that works in the company, and they decided to post it on their website

Thank you for the clarification. I find it odd too because although hitting a 50k multiplier is not so common but $50k isn't really a huge amount which deserves all this attention and to be talked about on newspapers.

[serjent05]

Thank you for the clarification. I find it odd too because although hitting a 50k multiplier is not so common but $50k isn't really a huge amount which deserves all this attention and to be talked about on newspapers.

The news came from a random news site, not a national newspaper website. Though many think that the amount does not deserve that much attention, I think the story is somehow extra ordinaire because it is too hard for a bettor to win $50k from a $1 bet.  This means the guy has superior luck and that is what became the talk here plus the fact according to the new article that the guy's winnings is celebrated by people around him.

[AmoreJaz]

Thank you for the clarification. I find it odd too because although hitting a 50k multiplier is not so common but $50k isn't really a huge amount which deserves all this attention and to be talked about on newspapers.

The news came from a random news site, not a national newspaper website. Though many think that the amount does not deserve that much attention, I think the story is somehow extra ordinaire because it is too hard for a bettor to win $50k from a $1 bet.  This means the guy has superior luck and that is what became the talk here plus the fact according to the new article that the guy's winnings is celebrated by people around him.

they were celebrating because as i see it, in their place, such amount is already huge and significant amount that can change the lifestyle of the person. of course, if you are comparing with the US standard, such amount is small. however, we are talking about a nigerian, whom not very many of them are experiencing to hold such amount in their lifetime. so yes, such scenario is very rare to them not only the luck involved but the amount of winnings itself.

[lienfaye]

I think people should learn to keep their success stories away from physical people, because as they joy and praise you physically, secretly, they might not be as much happy as they appear physically.

I agree. Not all people around you are happy, some of them might envy you for being lucky to win such amount. That's why it would be better to keep it to yourself or within the family members to avoid having problems.

Sometimes when people get the money they are not prepared for, they tend to misuse them.

It depends if you are too overwhelm and can't think of the best thing to do. But yes, sometimes it's easy to spend the money came from winnings since you didn't work hard for it, compared to the money that earned from hard work. You'll value it more since you know how hard it is to get that money.

[Haunebu]

The betting slip shown is not detailed. For that $ 51,000 winning with a capital of $1, the parlay must consist of multiple legs with high odds.

That is something hard to achieve even how skilled a bettor is because the bets need to be considered high odds.

A lucky moment for that man.

Sharing complete information related to his bets could threaten his privacy which is why it makes sense why the slip isn't detailed. I do agree with your opinion about the odds most probably being high in this case.

Not all people around you are happy, some of them might envy you for being lucky to win such amount. That's why it would be better to keep it to yourself or within the family members to avoid having problems.

True. I would disclose this secret to people who I would believe in any sort of situation with my eyes closed. Securing those funds in the best way possible would be my next step.

[STT]

Quite a few lotteries require the claimer of the prize to disclose their identity as part of the publicity but also anti fraud type measures.  There have been times when the public disclosure helped stop a claimant who was not legitimate, people do manage to fake these things and the company running the lottery can even have flaws its in process also.
  Personally I wouldnt want to give away information that now Iam rich, perhaps a move of house is now entirely justified and he can step up security that way and lose any old 'friends' who think they are owed a share.   Best investment for this money is in property anyway.

[Dunamisx]

Quite a few lotteries require the claimer of the prize to disclose their identity as part of the publicity but also anti fraud type measures.  There have been times when the public disclosure helped stop a claimant who was not legitimate, people do manage to fake these things and the company running the lottery can even have flaws its in process also.
  Personally I wouldnt want to give away information that now Iam rich, perhaps a move of house is now entirely justified and he can step up security that way and lose any old 'friends' who think they are owed a share.   Best investment for this money is in property anyway.

I don't know if this kind of challenges also is applicable to the no KYC casinos, because I don't know why playing bet will be as easy as making a deposit for it but when it comes to your right to claim your prize comes alot of difficulties, having a big win will be a thing of very much challenge to gamblers that are privacy minded, because information will always be required from them, the government and public will hear about it, know them and even graced the occasion for the presentation of such award winning, but this is totally placing a huge risk on the gambler's safety from being attacked by any means.

[Fortify]

Last week, on the 14th of October, 2022, A Nigerian Man used 800 naira (which is equivalent to $1.072 in today's NGN/DOLLAR exchange rate) to bet on sports...

He later won a whopping 38,317,137 Nigerian naira (which is equivalent to $51,363.454 in today's NGN/DOLLAR exchange rate).

An unidentified man has become a multi-millionaire after placing a bet on sports betting site with only N800.

The man, who instantly became a celebrity in a viral video, was seen with neigbhours trooping to the betting centre to confirm his N38million win after words spread out.

The system screen showed the man placed the multiple bet on Friday, October 14, 2022 with N800 only and won N38,317,130.00

After confirming his win, the man headed straight to the mosque to perform ‘Salat’ (daily obligatory prayer for Muslims). The crowd that had gathered to confirm his win followed him to the mosque, kept hailing him even as he ignored them and carried on with ablution for his prayers.

Don't you all think that in the course of we trying to show off this kind of winnings to friends, families, colleagues etc, we end up drawing known and unknown enemies to ourselves?

I think people should learn to keep their success stories away from physical people, because as they joy and praise you physically, secretly, they might not be as much happy as they appear physically.

What is or are your opinion(s) on this matter?

Like I agree that it is better to stay anonymous in such situations, you must have a very depressed outlook on life if you truly believe the "heart of man is desperately wicked". Where do you possibly live that you are surrounded by such thoughts? I am lucky to live in a country where if you are sensible and compassionate then you can survive, even flourish, without the need for any wickedness. Of course it is better to keep your wits about you and learn street smarts, so you don't go bumbling into situations in an oblivious manner, but it is possible to live in harmony in a stable society. There will always be jealous and envious people, so just be selective about who you keep close to you and you should be safer.

[BitDane]

Sometimes I don't believe on all this information because some of the bloggers use this kind of information to make their own money I think this does not have any place it happened is just an Irish story to bring people or drive people attention and for more discussion to also get knowledge in there so I don't know what you may think concerning this because all these things cannot happen really or in a real life depends the place you are coming from because my own area I don't think that this kind of something happen

It is highly possible that the story is a hoax but it is not impossible for a $1 betting in parlay to win $50k.  there had been news about this kind of huge winnings in parlay bet on sports betting.  I believe the main discussion here is not the validity of the news but the behavior of a person after winning a huge sum of money on gambling since the story tells about how the news spreads fast and how the people around the winners behave.

[rodskee]

This is a lesson for all of us that if we get any luck, we don't need to tell many people and just tell people who are really close to us. This is very important because we do not know who will hear the news and we also do not know who will be happy or vice versa. We must be smart to keep it a secret from others so that it will not affect us badly.

actually no need to tell anyone aside from your immediate family because people change because of money.

they can be as devil or greed once saw a large amount of Money , knowing their place? I am afraid of what he can be if people tries to get his winning.

Indeed it is not necessary to avoid having bad people do something with us. By showing off those big wins to the public, we can lure bad people into trying to take the winnings, especially if we don't keep them well.

No one knows the human heart and this is what we must avoid. If we want to celebrate this good thing, we can do it with the people closest to us without provoking the curiosity of others. We do not have to share all the good things we get with many people.

But like a person it is?  I believe that he wanted to be famous because this is once in a lifetime happening for the people like Him.

There's no point in being famous if we can't keep the winning money and instead use it to splurge after that. It wouldn't be worth it even if they wanted to be famous. They could do it for something else instead of sharing the story of their big win at gambling.

well that is what we wanted but that is not what they do , they wanted to be famous for that same reason I mentioned lol.

wondering how is this person now and how he earned that situation given, but for me? i would rather keep that winning as secret all my life than spending to make others happy because this is a once in a lifetime event.

[Pierre 2]

I definitely agree with OP with this. You should protect your winnings to yourself and maybe friends and maybe the closest friends at max. People should never know you are making money through that kind of thing. Job is one thing, labor is holy, I think it must be favored to mention. But gambling wins should never be mentioned. If I won lottery I would literally talk to noone about it except my mum and my very close friend in my city.

[Reatim]

I definitely agree with OP with this. You should protect your winnings to yourself and maybe friends and maybe the closest friends at max. People should never know you are making money through that kind of thing. Job is one thing, labor is holy, I think it must be favored to mention. But gambling wins should never be mentioned. If I won lottery I would literally talk to noone about it except my mum and my very close friend in my city.

instead of  spending this to nothing important , best to keep your coins safer and secretly staying in your wallet.
also try to keep your funds in crypto for chance in earning with investing than pure gambling.
the Man truly have His luck on hitting this win , so why not try His luck as well in trading or at least holding.

[SirLancelot]

So the financial management factor is very important...

Sudden money can be slippery and easily lost, you don't get rich by getting more money only but also by financial management. There is the tendency to squander money gotten easily. If you win big either from gambling or lottery, it is important not to be too quick to spend the money, so you don't start squandering the money even before you notice it.

Financial management can only help you manage your money properly so that you don't spend it all together but I think it doesn't have the ability to increase your funds. It will only increase and make you more rich if you invest it on a profitable business or asset.

I wouldn't advice to risk it again in gambling in hopes of making more money because it can make you easily addicted, knowing that you still have a lot of funds. It's okay to spend quick because for sure all of us already have our own wish list or items that we will buy once we have enough funds. The only thing that should be avoided is overspending. After buying the items we love, we need to manage our money next.

[ethereumhunter]

well that is what we wanted but that is not what they do , they wanted to be famous for that same reason I mentioned lol.

wondering how is this person now and how he earned that situation given, but for me? i would rather keep that winning as secret all my life than spending to make others happy because this is a once in a lifetime event.

Yes, it's better to keep the winnings a secret and keep most of the winnings without telling anyone else. At least, it will keep us safe from asking people questions about where the money comes from and how we can get it. Well, maybe we can make our loved ones happy by giving gifts, but we don't need to tell them where we can get that much money. We don't know how the person is now, whether he can enjoy the winning money, or if many people will ask him for a share of the money.

[coinerer]

I definitely agree with OP with this. You should protect your winnings to yourself and maybe friends and maybe the closest friends at max. People should never know you are making money through that kind of thing. Job is one thing, labor is holy, I think it must be favored to mention. But gambling wins should never be mentioned. If I won lottery I would literally talk to noone about it except my mum and my very close friend in my city.

instead of  spending this to nothing important , best to keep your coins safer and secretly staying in your wallet.
also try to keep your funds in crypto for chance in earning with investing than pure gambling.
the Man truly have His luck on hitting this win , so why not try His luck as well in trading or at least holding.

It is not guaranteed that his luck can work multiple time like this. so he shouldn’t use that fund for any kind of high risky work like gambling. But he can trade with his 20-25% of money. he shouldn’t use his full money for trading or gambling. Because one greed can rob him of everything again as he won so big on Miracle Way for only $1.

[Reatim]

I definitely agree with OP with this. You should protect your winnings to yourself and maybe friends and maybe the closest friends at max. People should never know you are making money through that kind of thing. Job is one thing, labor is holy, I think it must be favored to mention. But gambling wins should never be mentioned. If I won lottery I would literally talk to noone about it except my mum and my very close friend in my city.

instead of  spending this to nothing important , best to keep your coins safer and secretly staying in your wallet.
also try to keep your funds in crypto for chance in earning with investing than pure gambling.
the Man truly have His luck on hitting this win , so why not try His luck as well in trading or at least holding.

It is not guaranteed that his luck can work multiple time like this. so he shouldn’t use that fund for any kind of high risky work like gambling. But he can trade with his 20-25% of money. he shouldn’t use his full money for trading or gambling. Because one greed can rob him of everything again as he won so big on Miracle Way for only $1.

well I never mentioned to gamble again instead what I said is to Invest and trade , that is far from what you understand , and also what you you want Him to do?hold his funds in banks or in his pocket?
that money is earned by luck so best to try it better again in other form and that is to trade or at least Keep holding in His folio.
but whatever he wanted to do? it is His money and no one can take that away from him.

[smartaction]

I definitely agree with OP with this. You should protect your winnings to yourself and maybe friends and maybe the closest friends at max. People should never know you are making money through that kind of thing. Job is one thing, labor is holy, I think it must be favored to mention. But gambling wins should never be mentioned. If I won lottery I would literally talk to noone about it except my mum and my very close friend in my city.

instead of  spending this to nothing important , best to keep your coins safer and secretly staying in your wallet.
also try to keep your funds in crypto for chance in earning with investing than pure gambling.
the Man truly have His luck on hitting this win , so why not try His luck as well in trading or at least holding.

It is not guaranteed that his luck can work multiple time like this. so he shouldn’t use that fund for any kind of high risky work like gambling. But he can trade with his 20-25% of money. he shouldn’t use his full money for trading or gambling. Because one greed can rob him of everything again as he won so big on Miracle Way for only $1.

well I never mentioned to gamble again instead what I said is to Invest and trade , that is far from what you understand , and also what you you want Him to do?hold his funds in banks or in his pocket?
that money is earned by luck so best to try it better again in other form and that is to trade or at least Keep holding in His folio.
but whatever he wanted to do? it is His money and no one can take that away from him.

If he/she sell and hold that money on bank then he/she must give tax for this money as government law . In my country we must pay 15% income tax after from more then $3k earning in a year . According to the laws of my country, he has to pay about $7.3k in taxes to the government . if he/she want to avoid tax then he must hold his fund in crypto

[Oasisman]

What is or are your opinion(s) on this matter?

Well, there's a saying "don't make decisions when you're in a extreme happiness or extreme sadness" that also applies to what you are about to utter when you're under this kind of situation. When you're happy, sometimes you forget how to shut your mouth and will utter carelessly of what you have gone into.
That's indeed a huge win and I can say his life is now in danger. I can easily say that judging on the crowd that swamped him after they learned of his fortune in betting.
Money transforms a human being into something else when he's in desperation.

[Piesel]

This is indeed a huge winning and this man must be celebrated I know luck must have played a big role in this, but then sports betting has turned many into millionaires after several trials and errors but at this point, the .an have indeed done we'll by persisting to this point and winning $51,000 is a glorious win that needs to be highly protected and kept private from others even though 8t may be hard to do so since football betting is not something that can be entirely private since you may receive the money through an agent.

Ops can you please share the name of the betting site he used so that we can see their withdrawal rules and if they demanded fro KYC for such a big withdrawal?