An Odibets.com punter took them to the cleaners for a cheque worth over 800,000/= 3 days after migrating, like millions of other Kenyans, to the betting platform. Mr. Stephen Muturi, a real estate agent in Kitengela placed a bet worth Ksh.15,404 on 16 games winning a whooping Ksh. 834,863/= for his “investment.”
“Betting is a pass time for me and I’ve made a lot of money from it over the years.” My strategy is quite aggressive and my stakes balance off the loses leaving me with a tidy profit on a good week.” he says.
“Apart from betting, am a savvy real estate agent in Kitengela where we deal in land and property. As such I bet for fun and the thrill of winning big- which I do.”
Sports betting has experienced immense growth in the past five years in Kenya with speculators valuing the industry at 200 billion annual turn over, a figure some of the country’s top economists object.
Only recently, the Kenyan government and the BCLB- who are the regulators have put pressure on the industry through taxation regimes, a move that has seen a number of firms halt operations.
“Compliance to policies and rule of law is paramount to betting operations” says Macharia Daniel a top bookmaker at Odibets. We ensure that we give our customers an experience worth remembering with every bet they place. We are also obliged by law to ensure payouts that meet the terms and conditions- in addition to paying taxes” he adds.
“Odibets.com has a passion for grassroot communities and with our 35,000 football kits initiatives and various partnerships with sports stakeholders, we are doing our duty to support the growth of our country- even as we wait to see the EPL football betting return next week.” he added, while urging Kenyans to stake responsibly.