A situation occurred today in my locality, I have some guys working for me today and suddenly I hard them battling with an issues and when I get close to them to know what exactly the problem is, and I asked the guy who look strange to me since I am meeting him for the first time and not a worker on the site what his business and why he is distracting the workers from work.
Then the guy narrated his case to be and he said, that one of the workers came to his betting shop the yesterday to play some visual, that at first the guy came with ₦1,000 in my local currency to make the bets and along the line, he existed the balance but as a regular customer, the agent decided to allow him at further on credits and in all he accumulated a total debt of ₦8,000 because he lost all the bets and since that yesterday he has been on the run from the gambling agent until he traced him to the site today.
So when I wanted to judge the case and possible settlement, I query the casino agent how can you allow a customer to gamble on credit to the tune of 8k Knowing fully well that the gambler only has a 1k balance which already existed?
Also what is the probability that the gambler will ever return after owning such debt in the betting shops, note the gambler's daily pay is 2k as a helper on the site, so he has to work for 4 days to be able to meet that debt that is if he doesn't make any other expenses.
Question is:
What is the possibility of the betting agent getting his money soon/considering the gambler's low-income earnings?
This is what happens when "GREED" is a dominant factor. This also happens when we relegate "EXPERTISE" and rely on emotions while gambling or making sports betting. In this case both the gambler and the betting agent are at fault.
1. The betting agent forgot that in business; never mix emotions with business (just like in crypto currency too)
2. The gambler forgot that with greed, you will lose all and earn nothing.
Finally, i think that the betting agent and gambler are probably individuals who have close ties; they will resolve their fights when the gambler wins a new bet and is able to afford a refund; and then move on with their lives until another crisis surfaces out of greed (Will happen definitely).