How much does Betpawa Make Per Month?
We will be only basing the profits on the online portal hence offline shops are excluded in this estimates.
Since Betpawa is an online company so doing the estimation was not that hard due to the fact that knowing the sites traffic info was an easy guide on knowing the number of transactions the company makes per day
Using similarWeb traffic analysis tool, betpawa.co.ke is among the Top 10 most visited site in Kenya (check out it here) and it’s number 7 after Sportpesa and Betin Kenya
Betpawa.co.ke received last month 13.53M website visitors which was an 8.08% reduction compared to the previous month.
Betpawa monthly visitors are more than Betin Kenya and lower than Sportpesa hence in terms of monthly visitors it’s doing very positive
Each visitor viewed an average of whopping 17.01 pages per session bringing to 230.1453 Million monthly pageviews wow! Have just noted Betpawa users spend more time in the site and also view double pages compared to Sportpesa and its ahead in monthly pageviews, you can check sportpesa views here
This also shows Betpawa leads in page views in the country as its ahead of both Sportpesa.co.ke and Betin.co.ke
The site receives an average of 451,000 visitors daily from 13.53 million monthly visitors
Let’s assume that 80% of individuals who visit the site make a bet. ( I have chosen 80% since betting sites have high conversion rates due to their nature of being addictive)
Thus n.o people who will bet= 80% of 451,000= 360,800 Kenyans per day
Let’s also make an assumption that each individual makes only one bet of 100/= ( Am aware that others make bets of more than 10,000/= but am just estimating the profits on the lower limit.)
Total amount it makes per day= 360,800 *100= 36.08 million
Let’s make an assumption of a 57%-60% profit margin after payouts,Opex & taxes, this brings to 20.56Million daily in net income
Thus if I could quote the estimate profitability range of the company I would say 17-22million per day.
Monthly averages would range from between 600 Million- 800 million
This is just estimates delivered from traffic to their online websites, margins can differ depending on operational costs and other overheads
