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

[Mauser]

If I am eager to share my success story, I prefer to do it online where no body knows me In person, like this forum, doing this offline with family, friends, colleagues, etc.. I think is too risky.

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

Wow making 50x times returns in sport betting is massive, congratulations to him. With such kind of a profit I would also be careful telling friends and family about it, especially when living in a poorer country like Nigeria. Sharing your profits on social media only to see your video go viral and becoming a internet sensation is probably the worst thing I could do. You put a big target on your back and I am sure there will be some "childhood firends" calling the next day who haven't talked to you in 10 years. After making a lot of money it becomes hard to know who is your real friend and who is only around you because of your new wealth, and once the money is gone these people will also be gone. So far I haven't been in a situation where I got a huge win. If I am lucky and I make some profit, then I like to invite my friends for a beer, but I don't tell them how much I won. I remember my grandfather told our family once he won like 1000 Euro in the lottery 6 months ago, but he had already spend all the money so he cant give us anything  Whenever I win something big, I would do the same or only tell my best friend about it. 

[swogerino]

While this is a huge amount for a country like Nigeria,there have been people who have won more than that with just bets like 0.36 and 0.72,less than one dollars bet so I am impressed but not that much if I compare that bet with these low amount that produced a much more better outcome than x50 of your bet.

Anyway I think the joy of this man should be huge as any bet that brings you a huge amount of money is a really great feeling from what I have heard as personally I am searching for it through slot machines trying to get a maximum payline.

You can share it online in an anonymous forum like this one but in a country like Nigeria I would be very careful to not share it with friends or relatives.

[boyptc]

Anyway I think the joy of this man should be huge as any bet that brings you a huge amount of money is a really great feeling from what I have heard as personally I am searching for it through slot machines trying to get a maximum payline.

Well, that's something to be happy for when you've just bet with a dollar and then the return is 51K times. If I'm the winner, I'll be having a great day and I'll thank everyone that I want to thank on that day because of having that joy for the entire day.

You can share it online in an anonymous forum like this one but in a country like Nigeria I would be very careful to not share it with friends or relatives.

I wouldn't be biased on one particular country. But in almost every country, it's better to hide that moment of winning a lot of money and remain anonymous so that you won't be taking attention from your friends, family, relatives and strangers.

[Haunebu]

But what will he get after all tax deduction is my concern?

I don't think he will lose a lot of money thanks to taxes since 50 grand would most likely not attract heavy taxation. I guess he might stand to lose $4K or something which is a random guess basically.

Wow making 50x times returns in sport betting is massive, congratulations to him.

if I compare that bet with these low amount that produced a much more better outcome than x50 of your bet.

You guys are mistaken. He won around x50,000 of his bet which is insane if you think about it.

[dothebeats]

The man should not reveal his identity, else he would be subject to a lot of beggars and a lot of pressure from the society to help other people's plight. If I were the man, I'd claim the money, keep it on an offshore bank account and travel to that country and settle there for good. It's time for him to turn his life around and live comfortable. I'm not saying that he shouldn't help, it's just that it's not his obligation to do so. He could always give some to family and friends, but not to the point that his win will be diminished to something that will not be able to help him to start anew.

[_BlackStar]

The man should not reveal his identity, else he would be subject to a lot of beggars and a lot of pressure from the society to help other people's plight.

I think the guy doesn't care about privacy, but so he might have to accept the fact that the possible winnings will be taxed ^{[if there is a rule].} Then later, some people come begging for food and other things that might be annoying.

If I were the man, I'd claim the money, keep it on an offshore bank account and travel to that country and settle there for good. It's time for him to turn his life around and live comfortable.

How long do you think you can survive in a country with a high inflation rate today with $50K?   
If you like something luxurious, then maybe you can buy a car or something with a value of 50% of the total winnings, the rest is safe to be used as venture capital if you really want to quit gambling.

[Dunamisx]

We have seen such big wins few times and believe those are extremely lucky gamblers who turn few dollars into such big wins because the odds needs to be high or say you need to hit rare multiplier in these cases but still it's best time for them to celebrate such big wins and it's the same time for Nigerian men on his win of $50k and in their currency it's too much to spend on.

This kind of win are the types that no one will ever thought about it coming, every bet place by the gambler could have been judged by others to be wrong betting and a waste of fund because they never thought about taking high risk to that extent he took on the impossibilities in gambling, this why i don't get influenced whenever i want to place a bet, i go directly to bet with my own perception and not what others are saying because it's my money am using to gamble not theirs,

But what will he get after all tax deduction is my concern?

That shouldn't be a problem as long as they are not demanding half of the whole money, but i want to believe there would have been alot of pressure right on the gambler's neck regarding his fortune.

[ScamViruS]

I am not so lucky as this guy! He is really very lucky to win such a huge amount of money from sports betting. Any financial gain should not be discussed with the surrounding people. This can cause more danger instead of showoff. I do not discuss my financial gain with anyone, everyone should remember that keeping something secret is considered a good decision in many cases. But when a gambler wins a big bet he likes to show off and this can be seen in all countries.

[Wiwo]

This is a very important thread and advise, I believe the unidentified man who won that maga casino prize will fine it hard to hide his identity unless he played online. Most people in Nigeria who are involve in sport betting always does that from a betting shop with ticket printed for them only a few others visit online version so hiding his identity from friend may become hard. So remaining anonymous and privacy caution will help one a great deal, learning to keep your success private help prolong your life from invaders who may come from within your circle of friends.

[Eureka_07]

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

I think it's a matter of preference. Culture and Personal. For me though, it's better to be less quite about it.

I am confused about how the man gets that $51363 with just these odds...  sounds like a hoax to me.. but well who knows...
<snip>

It's possible as far as I know. These odds are for single matches but he did bet for all of these matches on a single bet, combined bet, I forgot the right term...
Being so, the risk will be greater but also the possible win will be higher. The risk is greater since if you was not able to predict the winner on any of these match, you'll bust.

[Mate2237]

Look at the man here, all the bets placed on that day did not cut, all enter and he was in the football hall watching match when he checked his phone and saw the bets slip and he jumped up in the hall and show the games to his friends and all of them jubilated with him. see the crowd the guy pulled that day.

That is why gambling is not all about how much one used. This boy just used $1 to win this huge amount. Gambling is all about luck, when the luck fall on you that day, then your day is blessed and you go home with shining face and smiling face. If you see the girls that rushed this guy that day, you won't believed, And funniest part of it was that the boy's Master (his Oga), said the boy should give him 8 millions or of the 38ms

[serjent05]

It's possible as far as I know. These odds are for single matches but he did bet for all of these matches on a single bet, combined bet, I forgot the right term...
Being so, the risk will be greater but also the possible win will be higher. The risk is greater since if you was not able to predict the winner on any of these match, you'll bust.

Are you talking about parlay bet?  I am still in doubt about the winnings until I read this article[1].  Though the way the news is laid out is somehow doubtful, after reading the article below, I am convinced that the news may be true but was presented poorly.

The article below shows huge winnings in a sports parlay bet. Quoting some of the information on the link below:

When you see a huge number like +26056700 on a betslip, that number is based on a $100 bet. In other words, if you take a 4/1 moneyline underdog, the number on your betslip is +400, meaning you get $400 if you bet $100. So a betslip with +26056700 means that you would win over $26 MILLION on a $100 bet. Of course, it also means the chances of you winning that bet are 260,567 to 1. That didn’t deter three different people from putting 50 cents down on a 6-leg first basket parlay that ended up winning and paying out over $130k to each of them. Check out this remarkable bet slip.:

A NASCAR bettor on FanDuel Sportsbook turned $13.49 into nearly $1 million with an improbable 4-leg parlay!

[1] Parlay Bets Paying Big: Longshot NFL Parlay Bets and Others That Struck for Some Awesome Paydays.

[Oneandpure]

Sport betting with multiple play or parlay have highest chance to earn jack pot, unbelievable with Nigerian man won $51,000 in sport betting with his capital only $1.072. Sport betting most excited to play because at weekend have many football matches and bet 1$ enough to earn almost $10,000 until $50,000 depending how many match betting, parlay give excited because with many games choose to play give higher odds and calculated with bigger amount reward to win if our predicting correct.

If have been publish on media I think many gambler will excited keep active on sport betting, no matter with little fund use for betting but trough sport betting small fund could be bigger fund later, just choose with correct predicting on every games.

[coin-investor]

He's putting himself at risk by exposing himself he is now the target of greedy people who will target him because this kind of person is so naive in handling huge amounts of money, especially coming from gambling, he will end up with nothing just a few years if he will not protect himself from these greedy people around him.
People who are betting in a lottery or playing in casinos should practice discretion it always pays to be simple and not boast that you won a big amount.

[Fivestar4everMVP]

~Snip~

I doubt that the account is from a national newspaper.  Look at how many people are subscribed to that account.  A legit national newspaper account could have more than hundreds of thousand of followers/subscribers if not millions.  I think the national newspaper is just an account name but not literally means that the account is recognized as official national newspaper.

As a Nigerian myself, allow me to confirm to you that that is indeed the official telegram channel of the national newspaper, by the name "National newspapers" it does not mean that that is the official newspaper company for Nigeria as a country, the national newspaper is just one of the newspaper companies in Nigeria, they have their customers/readers just the same way other newspapers companies in the country have theirs, there are other newspapers companies that are bigger than the National newspaper, for example.. The punch - is another newspaper company in Nigeria and they have more followers/subscribers than The national newspaper - - I hope you understand what I mean.

And the reason for the low subscribers is because, Nigeria's population is atleast 70 to 80 percent youths, and majority of this youths don't read or follow newspapers, they depend on social media like Facebook, Twitter to share and read news.

How ever, the youth that do read newspapers majority of them do not own smart phones, so obviously, there is no way for the to follow or subscribe to the channels belonging to this companies.

There are principles in writing a news.  It should goes around a fact wherein, it gives an alias if the name shouldn't be exposed, the place of event and many others that supports the incident.  The first sentence alone shows that the news is unreliable (see -  An unidentified man <<< ) and a cut bet slip... how can they get a betslip if the winning man is unidentified plus I think the book maker will not provide players' bet slip to anyone due to privacy law.

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, the news didn't even appear of the newspaper itself, that should tell you that it's not a major new, it's something they hurried decided to share with their online reader - like I said before, it didn't appear in their main newspaper.

And also the term " unidentified" actually means the newspaper company don't know the man in question, if you read the news on the website, it was from a video clip of the event that someone else shared online, that those or a person that works in the newspaper company saw, and after watching, decided to also share it with their online readers - I hope this is clear enough to understand.

[Baofeng]

Impressive bet and wagered amount is small compared to reward, only lucky gambler with skills can win such bets, IMO. Regardless of won amount, sharing with everyone is dangerous for obvious reasons. Not everyone is friendly and gonna love the gambler especially after big wins, enemies can make plans if gambler becomes easy target so better sit tight and enjoy winnings.

Sometimes we only not need lucky but with skills as well. So in any case this 2 factors collide, then you will have a huge winning, a improbable odds nevertheless you hit that and for sure the winner is very happy and enjoying it.

He's putting himself at risk by exposing himself he is now the target of greedy people who will target him because this kind of person is so naive in handling huge amounts of money, especially coming from gambling, he will end up with nothing just a few years if he will not protect himself from these greedy people around him.
People who are betting in a lottery or playing in casinos should practice discretion it always pays to be simple and not boast that you won a big amount.

Yes, and as what we have been discussing in the last couple of threads about winning and winning big, we shouldn't exposed ourselves to anyone. A lot of your friends and relatives will come after you and asking for free money because they know that you won big in gambling. You just have to be quiet and celebrate it with your family and kids, that's it.

[harizen]

He's putting himself at risk by exposing himself he is now the target of greedy people who will target him because this kind of person is so naive in handling huge amounts of money, especially coming from gambling, he will end up with nothing just a few years if he will not protect himself from these greedy people around him.
People who are betting in a lottery or playing in casinos should practice discretion it always pays to be simple and not boast that you won a big amount.

I think the winner of the story didn't expose himself nor boast about his winnings. It's just that, in any case, it was revealed.

For that, it's not that it will automatically trigger greedy people to come for him but I'm sure that man already knows what to do to protect himself.

We shouldn't judge the book by its cover and just hope for the best that no bad thing will happened on the said winner.

[BitDane]

He's putting himself at risk by exposing himself he is now the target of greedy people who will target him because this kind of person is so naive in handling huge amounts of money, especially coming from gambling, he will end up with nothing just a few years if he will not protect himself from these greedy people around him.
People who are betting in a lottery or playing in casinos should practice discretion it always pays to be simple and not boast that you won a big amount.

I think the winner of the story didn't expose himself nor boast about his winnings. It's just that, in any case, it was revealed.

I think we can blame that to his friend who possibly spread the news.

For that, it's not that it will automatically trigger greedy people to come for him but I'm sure that man already knows what to do to protect himself.

We shouldn't judge the book by its cover and just hope for the best that no bad thing will happened on the said winner.

True people with ill intention and those who are aiming for free money will definitely target the winners.  They will get near to the winner with the intention of getting some tip from the winnings.  Though we don't know how the person will react on the situation.  We also read that girls are following this new millionaire so probably these girl has also an intention of getting the share of the winnings by getting married to this lucky guy, or get money for some source of "service".

[goinmerry]

Impressive bet and wagered amount is small compared to reward, only lucky gambler with skills can win such bets, IMO.

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.

[Peanutswar]

Impressive bet and wagered amount is small compared to reward, only lucky gambler with skills can win such bets, IMO.

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.

It is most rare scenario having a winner in the game with just a small amount of wage they can manage to hit the tons of multiplier, this is looks like the faith already in favor with this game, there are a lot of gamblers give their time and money to the casino still cant manage to have this huge wins amount, even me I cant hit a huge amount of multiplier like that.