Dickson Kachulu, a Blantyre-based small and medium entrepreneur from Kachere Township, received a major boost to his business on Tuesday after he won K1.5 million in Premier betting.
He becomes the first person to win such a substantial amount since the Premier sports betting agency officially launched in Malawi in August.
As confirmed by Kachulu and the agency in separate interviews on Wednesday, he only spent the minimum K200.
A staunch soccer follower, Kachulu predicted results from 11 football matches in the English Premier League, Uefa Champions League and the French League 1.
“I’m very excited to win this amount of money, which I will invest in my business,” he expressed after he received his cheque from Premier Bet officials.
Kachulu, an agro-dealer who also retails different food items at the outskirt township, stated: “It’s a huge boost to my business.”
Premier Bet Malawi operations manager John McNally, who described the amount as a “life-changing sum” said his company was delighted to see Kachulu winning such an ultimate sum.
Said McNally: “It’s fantastic to see people winning such amounts. It’s not luck but he used his skill and knowledge of football to ensure he got all the outcomes successful.
“We know it will make a big change to his life and he’s definitely going to have a great 2016.”
Since its establishment, Premier Bet has opened close to 30 shops across the commercial city and according to McNally, the company will soon be opening shops in the capital Lilongwe.
“Business is going on very well and the response is fantastic. We’re expanding rapidly and in the next week or so Lilongwe will be the next step before moving to other areas across the country,” said the Premier Bet official.
He added that Malawi was a “very fantastic” country for their business as the Malawian masses love football.
With a minimum of K200, people are able to bet any amount of cash on three outcomes: 1 which is for a win for the home team, X for a draw and 2 for the away team to win. Each of the three outcomes is given a value which is referred to as ‘Odds’.
People can win up to K5 million depending on the number of games or the odds of a particular bet.Follow and Subscribe Nyasa TV :