If you have ever been so fanatic or loved somebody or thing so much that you staked money on an informal bet with a friend or colleague at work due to how certain you are about a particular outcome — then you should consider checking out GoWagr! While this is not an advertisement or sponsored content about the platform, the truth is, GoWagr provides users with a simple opportunity to settle scores on several issues and also earn while doing so.

In this article, we will be having a deep look at what GoWagr application is all about, the earning methods and an appraisal of the pros and the cons or better put the dangers associated with participation. If you are on this article because you would like to know more about qalla by GoWagr, then you’re on the right page. Get your tea ready because we are about to start the long ride.

About GoWagr

GoWagr is a mobile application available on both Android and iOS that allows users earn money by predicting the outcome of real life events or as they call it, earn by trading one’s beliefs. What this means is, you get to earn extra money by simply believing in something such as, believing that, Peter Obi would secure ADC presidential ticket for 2027 and you stake money to that effect — therefore if he eventually gets selected as the flagbearer, you earn extra money.

Based on what I noticed, you earn money when you stake on outcomes that are less likely. When you launch the application, you will see a couple of trending events to stake on. In most cases, they publish things related to X (Twitter) i.e. “How many likes a celebrity’s tweet will get in 24 hours”, how many views it will get and whatnot. As a user, you simply assess the situation, based on the celebrity’s level of fake, if you think he or she will get a particular number of likes, you make your selection, stake money and wait.

If by the end of the 24 hours, the person gets the number of likes or views you bought shares for, you earn extra revenue but if it doesn’t go as planned, let’s say, the person gets less likes or more likes, your stake is automatically lost and as such, you would have to deposit more money to play further.

It’s like gambling but a different kind of gambling because, you don’t have to necessarily stake on sports or football outcomes, you check the trending markets and buy shares based on your beliefs. If they turn out to be reality by the end of the day, month or even year, you receive some extra money.

The differentiating factor between GoWagr and other typical gambling platforms is the fact that you can predict the outcome of events in various areas such as;

• Entertainment
• Politics
• Football/sports
• Social media activities of top personalities and much more.

There is no limit to what you can wager on and there is also no limit to the amount of money you stand to gain or lose if care is not taken.

Earning Methods

When it comes to the earning methods, there are limited ways to earn on GoWagr apart from predicting the outcome of events.

The referral program is quite complicated because, your referral would have to deposit and trade a certain amount of money in order for you to qualify for the bonus and the terms are not so clear.

Therefore, it’s safe to say, the best and most straightforward way to earn money on GoWagr is to participate in the trades, play and stake money according to your beliefs or trusts in a given issue and stand a chance to win more money.

In order to understand what to expect better, here is a screenshot of some of the commonly available trades to partake in;

As a user, you are to buy either a Yes or No to the option that best aligns with your interest and wait for the expiration of the trade to either receive more money or lose the one you staked while starting the trade.

How to Get Started

The first step to get started is to download GoWagr from either Play store or App store depending on your device OS.

After downloading, create an account using your real details especially your name and information because, withdrawals can only be processed and sent to the name on your profile. So if you should sign up using a fake name and then use your main bank account for withdrawal, you may encounter some issues.

Once you are done creating the account, click on your Wallet and select Naira wallet, then proceed to Deposit because without funding your wallet, there is no way to participate. The minimum deposit amount is 200 naira, so select an amount or simply enter a custom amount and submit.

You will be shown an account number plus bank name to transfer the money into. Do as instructed and wait for it to be added to your wallet on the GoWagr app.

It usually takes a few minutes to be credited to user’s account on the system. Immediately it reflects, you can now go ahead and check out the trades, select based your beliefs or things you are almost sure of and stake an amount, submit and wait for the expiry of the trade.

You can stake any amount but if you want to earn well on the platform, you need to stake higher and while doing so, only stake on outcomes that are less likely but possible. It’s a risky game but it tends to be most rewarding.

I funded my wallet and tried to stake on something that is very much likely to happen, the extra reward for playing was so small and not worth the risk. The opposite was the case when I went for the less likely outcome.

I’m not in any way advising you start placing irresponsible trades or things that are literally impossible just because of the high rewards. If you do this, your money might be entirely lost — I mean, I lost every dime funded because of that. So don’t go that way, just flow with what you believe and bear in mind that there’s no sure outcome.

Is GoWagr Legit Or Scam?

GoWagr or better put, Qalla by GoWagr is LEGIT and Paying. However, it’s not really different from conventional gambling sites, so the legitimacy is more or less relative.

Someone whose selections or choices often turn out to be the case may consider the platform very legit and highly rewarding than someone who is always losing all his or her trades. In the end, it boils down to whether or not you can take the risk.

For me, as someone who has tried it out, I would say, it’s not different from the risk people take while playing games on sports prediction sites and I don’t recommend it for people who are under the age of 18 and even for older adults, while participating, do well to only stake money you can afford to lose.

There is no guarantee that you will win even after selecting a very likely outcome because, such things can never be assured. So to be on the safe side, always go for trades that are not so risky and while at it, stake money you can easily afford to lose otherwise you may end up in tears.

Additionally, stake low, buy fewer shares, don’t spend all your funded amount on a single trade. Experiment, check out all the trades and stake very low on likely outcomes to understand how the platform works before you start taking more serious risks.

Pros

Well, for me, I would say there are a few positive things about GoWagr and they are as follows;

• Low minimum deposit and withdrawal (200 naira for deposits, 500 naira for withdrawals)
• Easy-to-use application
• Interesting to an extent, given that you are allowed to trade on real life events.
• Confirmed to be paying and used by alot of people in Nigeria at the moment.
• Active support team with an option to chat with a live support. This is very nice and positive when compared to what is obtainable on a similar platform, Ochuba.

Cons

On the other hand, there are a few cons or downsides though they are more morally centered than logical;

• Another form of gambling capable of causing serious financial losses if care is not taken.
• Less rewarding referral program
• Likely outcomes tend to have much less reward than outcomes that are less likely.

Conclusion

GoWagr is yet another innovative earning platform for people who perfectly understand the risk associated with participating. But if you are not someone who is used to betting or even gambling in the remotest sense of the word, then I would advise you to also steer clear of this app entirely as it could cause some serious financial losses.

If the reason why you clicked on the link to read this article is to confirm it’s legitimacy, I believe the answer has been provided but if you clicked to know if it’s a good earning method, then feel free to check out some other contents on this blog and do well to join us on telegram and WhatsApp for more interesting reviews and updates.

Thanks.