There has been an explosion of betting in African countries recently which has been attributed to the love of football and a young population. There is a population of 1.6 Billion people in Africa, of which, more than half are under the age of 25!
The population is also growing rapidly. In 60 years, the population has gone from 221 million to 1.1 billion. That’s a very fast growth rate!
With high unemployment, sports betting represents a viable option to make money for many young Africans.
The rise of mobile phones with easy access to the Internet has made it much easier to bet in places where the infrastructure in the past may have made it hard to get online. In addition to this, betting products which are focused around betting online have made it easier to place the bets.