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StrayGypsy
So much for the big $200 million powerball here in the USofA.  Company's $1K pool went to #$%$. Is there any Thai based lotto's in effect and what do they usually pay ??


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Posted on: 11:23 am on July 10, 2003
butznutz
The Thai Lottery system pays out in fixed amounts. Each Ticket you buy can earn you upto 3,000,000 Baht, and usually two tickets are sold as one so you can get upto 6,000,000 Baht. Chances are 1 in 1,000,000 of getting the jackpot.

I was advised that if a Farang should win the Thai Lottery that he not collect the money himself as the Thai's would not think highly of it, so best find somebody you can trust very well "if" you should win.

I myself have won 40,000 Banht (2x20,000) and had no problems of getting the money. But then again 3,000,000 Baht (about 70,000 USD) is peanut's for us Farangs here in Thailand, and cannot compare to Western payouts.

Butz


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Posted on: 9:04 pm on July 10, 2003
bound4bangkok
Hello all

 70'000 bucks would do me just fine. with that money I could damn near stop working and live the rest of my life pretty dang happy


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Posted on: 12:43 am on July 11, 2003
bangkropolis2020
how old are you b4b?


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Posted on: 12:39 am on July 12, 2003
thaiprivateeye
Local lottery now changed to allow purchase of the popular 2 or 3 digit numbers, payout not bad, 70-1 I think, brought at Post offices, a huge run on #23 [ Beckham ] for the first draw next week apparently ;  This is supposed to wipe-out, take over, from underground lottery -


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Posted on: 2:52 am on July 12, 2003
Packripper
IMO.....

^ doubtful (the wiping out part) because a lot of the "fun" of the underground lottery for locals is the social aspect that goes along with backroom gambling.    Gambling dens (sportsbooks, card games, AND underground lotto included) give you credit to dance with the monkey on your back.   The gov't does not.

Illegal gambling is estimated by some to be 15% of the GDP with more revenue than the sex trade (mostly local men are customers of that biz...  while BOTH men and women love to roll the dice).  



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Posted on: 7:30 pm on July 14, 2003
Vancouver Jay
^
The "obvious" advantage of the government game is that the payout is better. On a straight two-number play there's a 1-in-100 chance of winning with the legal lottery paying out 70-1 while most numbers rackets only pay 60-1 (or worse).

But it's not obvious and the sad truth is that the old joke that "lotteries are a tax on people who are bad at math" isn't a joke. I've tried to convince several Thai people that the numbers racket is just a rotten deal but haven't gotten much of anywhere. In the long run you're just giving a gift to the mafia.


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Posted on: 10:49 pm on July 14, 2003
Packripper

True... but you can call in your lotto numbers to us (err... I mean the gambling people) and play your numbers.   You can be crippled, sick, half drunk, even on your death bed.   You can still play.   No need to get up and actually go buy a ticket.   Heck, we even show up to collect the gambled stakes.  You don't have to go anywhere.  



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Posted on: 12:36 pm on July 15, 2003
     

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