Vigorish, a term frequently used in sports betting, casino, and gambling circles, is an essential and familiar concept for bettors in Thailand. It refers to the commission paid to a bookmaker, casino, or other betting intermediaries by bettors on bets placed. Generally, in sports betting, vigorish is calculated as a percentage of bet placed and varies from one platform to another. The Vigorish is also known as the "juice" in the betting world. Though it might seem unfair that the bookmaker or online betting platform earns a commission on your bet, it is important to understand that this is the cost of running a profitable gambling business. Bookmakers take the money of those who placed bets on losing events and distribute it as profits among the winners. This is how the bookmaker makes money! Vigorish plays a crucial role in the industry, as it allows bookmakers to set betting odds that include their commission. For instance, in a game of Poker: โป๊กเกอร์ – the card game popular in Thailand – the vigorish may be embedded in the rake, which is part of the bet deducted by the house before distribution of the pot. The rake, much like the vigorish, helps the house cover its expenses and ensure a profit. Now if you're on the other side of the Vigorish, and you're a bettor, you need to be aware of it to determine your risk and how you're making money from it. An important aspect to keep in mind is that bookmakers, online sports betting platforms, and casinos all need an advantage, known as the ‘Vigorish’, to remain profitable. The key for bettors is to seek the best odds possible, compare the terms and odds of different sportsbooks and online casinos before placing bets, and be ready to calculate expected value. Despite Vigorish being a fundamental aspect of the sports betting and casino systems, a great number of Thai bettors often disregard this factor. The best advice for Thai gamblers is to be aware of the vigorish when placing bets, and always make wise and informed choices. In conclusion, the term Vigorish should not intimidate bettors, but, on the contrary, is an essential concept that should be understood to have a better overall view of the gambling industry in Thailand. The Vigorish helps to make the gambling world a sustainable and profitable business. By incorporating this understanding in your betting strategy, you can make smarter choices, take calculated risks, and enjoy the hobby of gambling with more satisfaction and success.