The betting craze has taken our youths to wild unimaginable levels.
We have even heard and read about extreme cases where someone commits suicide after losing money while betting Sportpesa or Betin, mCheza and other football betting sites.
Those who bet are largely driven by the belief that they stand a chance to win big and change their financially deficit lifestyles! It is also for the same reason that many try their luck by betting for jackpot that is pegged at millions of shillings.
For starters, let me introduce you to statistics 101; probabilities. Let us take an example of Sportpesa betting site.
Jackpot allows you to place a single bet on 13 predictions with three possibilities; a win, a draw and a loss.This means you have possibilities of 13 wins,13 losses and 13 draws totaling to 2,197 possibilities.
Let me not even go further. If you place a single bet, you stand a 0.0008 chance out of the possible 1.
Now you know why you never win jackpots.Your dream is a bit far-fetched. Do your math.