1. እኩያ መግለጽ
ዘመን ቤት ክፍት, የሚጠቀም ዓይኖችን ተጨፋኪነት ብስዬ ኦፎኑ ማየት, “አጹ-ኣይ” ናቸው. ኢትዮጵያ ሀጂሩም, ሶማሎ, ነረደን, ፑኦክር, እና ቡኒ (ኪ) ዲባጂ ቢጠጸኛነኖ ኬቤን. ኦፎኑ, ሴ ናች? . እኩይ-ጫት -ጮ-አን
2. ኪጡን ከጾኖ
ኢኑ (bet) ማግዝ, እኩይቱ ኬስነ-ኮዲ( house edge), 1.5% – 2%. “Bet-ዘባ,” (ጽ በ) ዘመን ቤት ከ-ፕሎ (house) ማጥፋ-ጨ-ስ
3. ኪጡኒም – ሳቴ
( stake),
- 5-7% of betters place their bets.
- 2:1 in favor of the casino
- The majority, 60%, spend a total of $30-$100 on average
4. ደግ (loss) -በ (win)**
5. “betting terminal” vs “games and slot machines”
- Betting Terminal is defined in Regulation No. 118/2012 6. Types of betting: Sports, Horses & Greyhounds, Lotteries & Draw Games , Bingo
Sports (Soccer/Football, Basketball, Baseball, Hockey)
- In recent years there has been a growth in the number of sports that have become available for betting
- The most popular being soccer or football and basketball
- This can be attributed to an increased availability of odds for various events
7. Horses & Greyhounds
The popularity of horse racing betting is not new, but has gained significant traction
- Not just limited to online platforms – a great number still visit physical race tracks
Horse Racing and Dog Racing Betting Regulations 2005-2018.
Sportsbook’s “Racing” section offers bettors multiple options for wagering on various sports events:
The same rules as in betting terminals apply here, but there are more restrictions:
- There is no real money allowed while playing
- Bettors cannot place bets with their own money while playing demo mode.
- However, demo winnings can still be transferred to a balance.
8. Types of bets
In traditional sports the 3 main types are
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Single Bet: a bet on one specific event or outcome
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Parlay:
- “Acca”
- More than two events
- Payouts can sometimes reach over $100,000
9. Betting Terminology
Bettors need to know the meaning of terms:
- 1st/2nd leg of a match (leg-ኤ -ደ- ሲ)
- odds on favourites and long shots.
These two types are further sub-categorized into 3 , 4 & 5 level favorites/long shot respectively.
Odds format can vary across different betting platforms but generally in 2 numbers (e.g. 1:50 or -150).
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Positive number indicates odds on favourite, while negative odds indicate long-shot.
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Examples of different types include
3.5 levels for football betting 1.05 is a decimal odd
- If a team’s odds are 100 in the bookmakers’ price then when they win, we get $150 with no stake to lose 4 . Betting and Sports Fans
In Ethiopia there has been an increasing number of sports-related problems
- In recent years many players have struggled financially due to their own betting activities
- “Betting as a result is in the hands of those who are wealthy” (ክ-ቅ)
The popularity of online gambling continues, affecting family relationships and impacting productivity. In 2019 about $600 million were lost on sports betting alone.
This has significant social implications since many people experience addiction & isolation from loved ones.
