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%, compared with worldwide averages of 74% for bingo, 81% for horse racing, 89% for slot machines, and 98% in blackjack (basic rules). It is the most popular legal form of gambling in Thailand.
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 result in the GLO pocketing 28% of lottery profits for state use.
All About online lottery
หวย จับยี่กี is a lottery place, where games are played. Many people daily invest in this online game application and enjoy the services they have to offer. It has all the benefits, including quick transfers, records. It is a legal application and majorly played in Thailand. However, it is also allowed to be played in other places. It is a trustful app and has many other advantages too.
Advantages
This application has the following advantages.
- Easy Transfers
- Proper guides
- Smooth games
- No Glitches
- Customer Friendly
- Keeping Track and Records
History
ผล หวย ปิงปอง วัน นี้ were first issued in the reign (1868–1910) of King Rama V. At that time, the king granted the Royal Bodyguard permission to operate a lottery on the occasion of his birthday in 1874. Lotteries were then held intermittently until 1933, when they became a standard government revenue source. Over the years, the lottery ticket price has climbed from one baht to its present official price of 80 baht. Although that price has been seldom observed, a surcharge is invariably being added.
The military government that took power in May 2014 has made lottery reform one of its priorities. Starting 16 June 2015, the military government has mandated that a lottery ticket price will not exceed 80 baht. On 1 August 2015, what is commonly called the “jackpot” or bonus first prize of 22 or 30 million baht will be eliminated.
The applications majorly allow lottery games and betting of various types. It has both advantages and disadvantages. It would be best if you played it in a controlled manner. Its sole purpose is entertainment.