Thailand is a country with a huge population of punters. Those who visit the country cannot help but notice the proliferation of gambling activities despite the widespread ban on any form of gambling.
Many forms of gambling are prohibited in Thailand. Betting on the National Lottery and Horse Racing are the only legal forms of gambling in the country. Administered by The Government Lottery Office (GLO), the National Lottery is drawn twice a month. Many of locals try their luck at the lottery even though it has poor odds.
Thailand lottery has a payout ratio of 60%. Still, it is widely popular in the country. Its popularity and high revenue gave birth to underground illegal lottery that gives better odds than what the government provides. Experts estimated that these illegal dealers often provide wider betting options and credit purchases. Thailand’s Chulalongkorn has a researcher dedicated to the culture and statistics of Thai lottery. An earlier survey revealed that as much as 20 million out of the 65 million Thais played underground lottery.
Horse race betting is another form of legal gambling in Thailand. The country has two horse race tracks that cater to the high society. These prestigious sports clubs are popular among the elite for its offers a gambling haven where they are also free to use golf courses, Olympic-sized swimming pools, badminton, squash, and tennis courts.
These race tracks are open for betting even if they are not members of the club. These races are held every Sunday, with the venue alternating between the Royal Turf Club and The Royal Bangkok Sports Club. Betting on horse racing starts from 50 baht and punters are allowed to bet on a “win-place” basis. This means that your only chance of winning is if your horse will finish first.
The country only has two major turf clubs. This includes:
Thailand is a country home to a wide variety of landscapes and its national parks are a true testament of this. Many of the country’s landscapes are UNESCO World Heritage Sites and are also perfect for hiking and biking. While in the country, visit the national parks of Khao Yai, Doi Inthanon, Sai Yok, and Khao Sok.
Since the Thailand government is keen on cracking down illegal gambling dens in the country, more and more gamblers are becoming more adventurous when it comes to betting. Thai punters now turn their resources to online sports gambling through Asian or UK bookmakers.
Sports betting in Thailand is quite easy. One would only need a PC or mobile phone, stable Internet connection, and bank details for withdrawal of winnings. Most online casinos offering sports betting follow strict verification process so be sure you have the proper documents to prove your identity.
The first thing that you have to do is choose what type of online sports book you want to play on. Do you prefer UK-based bookies or you want to patronize those from your neighbouring Asian bookies? Once you have decided, you simply have to sign up. Some websites offer welcome bonuses for first time users. Take advantage of those.
Once you are registered and verified, you can now choose the sport that you want to bet on. Some websites allow you to practice and get a feel of the website before requiring you to play with real money. If it is your first time, it is highly advisable to avail of this trial play.
It is also important to understand post-up as this is commonly applied by both the Asian and UK-based bookies. Post-up means that your bets are limited to the amount in your account. For instance, you deposited 5,000 baht and you want to bet 500 baht. Your remaining balance would be 4,500 baht. If you win, the money is added to your account along with your initial stake.
Thai residents can choose from a wide variety of online sportsbook. The most ideal ones are the Asian and European bookies. To take advantage of the industry, choose an online sportsbook that offers the following:
As mentioned, punters from Thailand can choose from either Asian or European bookies. While they are recommended, they have differences that one must consider.
Asian bookies are the easiest to use. Most of these originate from the Philippines, a country with a well-financed gambling industry. This ensures that almost all of the games in their websites are fair. Deposits are hassle-free since most of these Asian bookies accept deposits from most banks in Thailand including Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, and Bangkok Bank.
Locals from Thailand may also find it convenient that many of these Asian websites use Thai language. They also accept Thailand Baht so players do not have to pay currency exchange fees. Websites like www.bodog88.com also offer withdrawals to Thai banks without any charge.
Most Asian websites offer football as the main sport. It is also the most popular in Thailand so many of the local players can bet on major leagues such as the La Liga, English Premier League, German Bundesliga, Spanish La Liga, and Italian Serie A. Other sports available with betting odds include volleyball, tennis, and Formula 1.
European bookies may be a bit complicated to use for Thai players. But if you are looking for reliable and trustworthy websites, it might be best to go with UK-based websites. They are reputable and reliable, with licenses from trustworthy gaming authorities. Most expats living in Thailand use European bookies.
Since it is quite easy to set up an online casino, many companies are now getting into this lucrative business. However, some of them are not reliable. Some even pretend to be a legit online casino just to scam people of their money. When doing any sports betting in Thailand, make sure that you do your due diligence and research first about a website before making any deposits.
From hundreds of websites for online sports betting, here are the top sites that accept players from Thailand:
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