Assessing the Socio-Economic Implications of Sports Betting among Youth in Addis Ababa in the Case of Yeka Sub city
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Date
2024-10-01
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Addis Ababa University
Abstract
This study focuses on the assessment socioeconomic implications of sports betting on youths in Addis Ababa, emphasizing their lived experiences, social consequences, and financial implications. The study employed a cross-sectional qualitative research approach and included 24 participants, including current and past sports bettors, two critical case analysis, and one focus group discussion with eight participants. Data were gathered through in-depth interviews, and focus group discussions, and then evaluated using deductive thematic and narrative analysis. Key findings show that peer networks have a major impact on both the onset and maintenance of sports betting practices, frequently portraying it as a socially acceptable and profitable activity. The participants commonly considered sports betting as a "quick way to make money," motivated by the promise of high returns on little bets. The normalization and glamorization of sports betting, along with societal acceptability and increasing accessibility, reinforces these practices, leading to limited awareness of betting's potential consequences. The study revealed negative consequences such as the development of hazardous behaviors and psychological problems including worry and sadness. The unexpected nature of betting outcomes frequently leads to strained familial relationships, marked by a breakdown in trust and communication. Furthermore, debt, impulsive spending, and unethical actions such as borrowing or stealing exacerbate these youths' financial insecurity, locking them in a never-ending cycle of financial crisis. Finally, the study calls for action to address the challenges surrounding sports betting among youths. It promotes the development of community-based initiatives aimed at addressing taking legislative measures to reduce the accessibility and attraction of sports betting to youths. Additionally, the study emphasizes the need to promoting alternative activities is essential for positively engaging youth.
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sports betting, youths, wager