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Davido Faces a $50,000 Loss After Nigeria’s AFCON 2025 Semi-Final Defeat
Nigerian music superstar Davido recently experienced a significant setback, losing a $50,000 (approximately ₦72 million) wager following the Super Eagles’ inability to overcome Morocco in the semi-finals of the 2025 Africa Cup of Nations (AFCON).
Pre-Match Confidence and Bold Bet
Prior to the highly anticipated clash, Davido shared a snapshot of his betting slip on his X (formerly Twitter) account, revealing his $50,000 stake on Nigeria to triumph over the host nation, with both teams scoring during the match. His caption confidently declared:
“Nigeria to make the finals and I’ll double my stake on my slip.”
Match Recap: A Tense Battle Ends in Penalty Shootout
The semi-final showdown took place on Wednesday evening at the Prince Moulay Abdellah Stadium. The game remained goalless through regular time, with both teams locked in a defensive stalemate. Ultimately, Morocco clinched victory by winning 4-2 in the penalty shootout, dashing Nigeria’s hopes of advancing to the final.
Potential Winnings and Impact of the Loss
Had Nigeria secured the win as Davido predicted, his $50,000 wager would have yielded a remarkable payout exceeding $348,000-equivalent to over ₦500 million based on current exchange rates. This outcome highlights the high stakes involved in sports betting, especially during major tournaments like AFCON, which continues to captivate millions across Africa and beyond.
Sports Betting Trends in Africa
Davido’s high-profile bet underscores the growing popularity of sports betting in Nigeria and the wider African continent. According to recent reports, the African sports betting market is projected to reach $10 billion by 2027, fueled by increased internet penetration and mobile device usage. Celebrities engaging in betting activities further amplify public interest and participation.
