Any Wives or GF's Play the 'Shares' Game?

[9999]

Oh yeah, I got an app for the Thai lottery on my phone.

[superman]

Papa was a land developer...left 100's of millions in cash and land to children...

So what's she meddling in something that is of no benefit to her ?

[BaitongBoy]

^Exactly, one of my points. Perhaps it's the innate instinct to 'gamble' or play money games that attract these Asians in droves...
Also, I've learned that when you win the pot, you have to contribute 1,000 baht more for the duration (4,000 instead of 3,000).

[BaitongBoy]

It is entirely possible, however improbable, that someone's name never comes up, and is therefore gambling.

No. The pieces of paper are all blank except one has an 'x' on it. Draw the 'x' and win. Next time, winner can't draw.

[BaitongBoy]

She got any unmarried sisters?

Yeah, but they're half-sisters, therefore not heirs...

[9999]

It is entirely possible, however improbable, that someone's name never comes up, and is therefore gambling.

No. The pieces of paper are all blank except one has an 'x' on it. Draw the 'x' and win. Next time, winner can't draw.

Ah OK I misread, see it now in the OP. Still, it's a gambling game, especially with all the other rules mentioned by other posters, like extra 1000 after winning, etc. I can't see any reason for doing this other than the thrill of the game.

[9999]

Next time, winner can't draw.

Hang on, is it 'next time' or until everyone else has won?

[SEA Traveler]

No gambling in this household and as you say, "Thai's and Money", so it is a gable any way you look at it. Best set 3,000 baht aside each month for 20 months and golly gee wiz, look, 60,000 baht and there was no risk at all. It's all Bravo Sierra and the Thai female is just to dense to recognize it.

[jandajoy]

No gambling in this household and as you say, "Thai's and Money",

Well said SEA. We did a deal from just about day one.

We don't even waste money on the lottery. It's a mugs game in LOS

[blue]

Sounds like a good method of micro loans / savings without involving the banks or exorbitant money lenders.
like the rest of you I cannot get my head around the rules and maths of it, perhaps the girls are just smarter then us lot ..

[BaitongBoy]

^^Loud and clear. Lucky they have good Falang hubbies who are firm about gambling with hubbie's money...
Her money, and 'Up to her'...
She will get it back, but not my problem...

[BaitongBoy]

Sounds like a good method of micro loans / savings without involving the banks or exorbitant money lenders.
like the rest of you I cannot get my head around the rules and maths of it, perhaps the girls are just smarter then us lot ..

Right on...

[9999]

Sounds like a good method of micro loans / savings without involving the banks or exorbitant money lenders.

Sounds like a piss poor method to me, copping the huge interest would be better, at least you get to hold the cash first. It's a game and nothing more. 'Up to them' as the OP says.

[Neo]

My missus came back from some female gathering with a small box of 'cure everything herbal remedy pills'... She didn't need to cure anything but she had bought them anyway because a friend was selling them... 2000 baht wasted.

Sounds like she could be interested in a bag of magic beans.

[pescator]

Sounds like a good method of micro loans / savings without involving the banks or exorbitant money lenders.
like the rest of you I cannot get my head around the rules and maths of it, perhaps the girls are just smarter then us lot ..

The Ngun Chae is very common among the thai population here.
And, of course a steady source of jealousy, hostility if not worse.

Just the other month when they got together for the monthly Bia Chae, the Jao/banker got stabbed in the guts by a displeased "customer".

Another one paid with fake money which was not found out until they tried to deposit the money in the bank.

The police is now involved and one of the gurlz is facing hard time.

I know of 2 who have gone completely under cover as they neglected to pay after they had got the pot.
They were afraid of the consequences and rightfully so.

The mechanism of this game has already explained, but in short - they way I see it - it is a game that will make the wealthy more wealthy and the poor dumb ass loser who bid on the pot at an early stage in the game, will be deprived the little they have and left in bigger debts than ever before.

But they have little options as their creditworthiness amounts to zero else where.
And as we all know, savings wont make any one rich fast, so that is not an option.

[hawkeye]

If run with the right people it does work.
1 Usually the 'group is small and every one knows each other.Often 12 tickets available so the scheme runs for a year with monthly payouts. Some take a ticket some may take 2 or more.
2 The organizer gets the first draw.
3 For the following draw (s) any one of the group who wants the pot makes an offer usually a few hundred baht over the monthly amount. This extra goes into the fund and at the end of the payouts the last person collects the amount plus any of the "extras" paid in. As they have waited some months, usually a year it is a form of interest.

Had one scheme here that had 45 people in it and half way through 10 of the winners stopped paying in and it went belly up. Everyone was paying in 3000 b per month, so a lot of money lost, and much bad mouthing.
Locals with money some times will be in 15 plus schemes all running at the same time.
So good and bad to the whole schemes.
HAWKEYE

[Chairman Mao]

Simply another way to sit, watch, and laugh at the locals.

[Smug Farang Bore]

Never let the fuckers gamble..!

You can't trust them.

[Dick]

Ever watch a Thai counting money ?

worse than a fooking jew.

I've seen this len share in action and it is utterly stupid thai shit

[Chairman Mao]

Never let the fuckers gamble..!

You can't trust them.

Do, and watch... Hilarious.

Same as everything else they attempt really.

[Smug Farang Bore]

^Not with my fekin money it 'aint.

[BaitongBoy]

My missus at home does not do it - a few of her friends do, but if she wants 10K, she just asks me. Easier I suppose!

And there we have it...

[BaitongBoy]

Mine works, gets paid, and then uses money from her bank account if she wants to buy something. Strange concept I know.

We all envy you...lol...

[BaitongBoy]

Yes you are wrong to think your wife won't get foked over because she is connected.

And her level of connectivity is?
Right, you have no idea...

People who get involed in the game don't have.

What does this mean?

[BaitongBoy]

The small money she makes selling farm products is put in the bank.__________________

Good on her!