About Thailand Lottery
Thailand Lottery,
Lottery is taken very seriously in Thailand as it is the only kind of gambling allowed here in Thailand. The system is very different compared to the western world. In Thailand, you’ll have to get lottery tickets from agents, which receive these tickets from retailers. Usually, lottery tickets are drawn twice a month, which are the first day of the month and the 16th. Every ticket costs 80 baht. Each ticket has 2 parts, the top and the bottom part. It is not possible to buy just one part as they come in pairs. However, if you win, your prize is doubled. Every ticket has 6 single digits, which you’re able to choose when you buy one. When the numbers are drawn live on national television, there are probably more than 20 drawn every time as they’ll have to draw all of the numbers according to the number of prizes stated.
Thailand's official national lottery (Thai: สลากกินแบ่ง, rtgs: salak kin baeng) is administered by The Government Lottery Office (GLO).[2] The lottery is drawn on the first and the sixteenth of every month. It is one of only two forms of legalised gambling permitted in Thailand, the other being horse racing in Bangkok.[3]
The lottery in Thailand is hugely popular despite the low odds of winning and the unfavourable payout ratio. The payout ratio for the Thai lottery is 60%,[4] as compared with world-wide averages of 74% for bingo, 81% for horse racing, 89% for slot machines, and 98% in blackjack (basic rules).[5] It is the most popular legal form of gambling in Thailand.[6]
Around 19.2 of 67 million Thais played the government lottery, spending 76 billion baht (US$2.3 billion) in 2014, according to the Family Network Foundation's Secretary Wanchai Boonpracha. Unlike in most countries, where the government licenses and monitors the lottery business, the Thai GLO itself prints and sells the tickets to wholesalers. The strict laws that forbid other gambling activities results in the GLO pocketing 28% of lottery profits for state use.[7]
Lottery is taken very seriously in Thailand as it is the only kind of gambling allowed here in Thailand. The system is very different compared to the western world. In Thailand, you’ll have to get lottery tickets from agents, which receive these tickets from retailers. Usually, lottery tickets are drawn twice a month, which are the first day of the month and the 16th. Every ticket costs 80 baht. Each ticket has 2 parts, the top and the bottom part. It is not possible to buy just one part as they come in pairs. However, if you win, your prize is doubled. Every ticket has 6 single digits, which you’re able to choose when you buy one. When the numbers are drawn live on national television, there are probably more than 20 drawn every time as they’ll have to draw all of the numbers according to the number of prizes stated.
Thailand's official national lottery (Thai: สลากกินแบ่ง, rtgs: salak kin baeng) is administered by The Government Lottery Office (GLO).[2] The lottery is drawn on the first and the sixteenth of every month. It is one of only two forms of legalised gambling permitted in Thailand, the other being horse racing in Bangkok.[3]
The lottery in Thailand is hugely popular despite the low odds of winning and the unfavourable payout ratio. The payout ratio for the Thai lottery is 60%,[4] as compared with world-wide averages of 74% for bingo, 81% for horse racing, 89% for slot machines, and 98% in blackjack (basic rules).[5] It is the most popular legal form of gambling in Thailand.[6]
Around 19.2 of 67 million Thais played the government lottery, spending 76 billion baht (US$2.3 billion) in 2014, according to the Family Network Foundation's Secretary Wanchai Boonpracha. Unlike in most countries, where the government licenses and monitors the lottery business, the Thai GLO itself prints and sells the tickets to wholesalers. The strict laws that forbid other gambling activities results in the GLO pocketing 28% of lottery profits for state use.[7]
