What is lottery betting?, when did it appear and what types of play are there? All the basic knowledge about lottery betting will be shared in this article.

If you want to grasp the basics and gain knowledge before stepping into this high-level number game, you definitely should not miss it.

What is lottery betting?

Lottery betting is a variant of traditional lottery, where betting involves making predictions about the official lottery results every day. Lottery betting is a shorthand term for the two most popular forms of play, which are “lotto” and “bet,” specifically:

Betting on lotto means predicting the last numbers (2 digits, 3 digits, 4 digits) of all lottery draws.
Betting on “de” means predicting the last 2, 3, or 4 digits of the special prize.

Since it is based on the results of the official lottery, the number of lottery betting stations is also fixed according to the draw schedule each day.

What is lottery betting? — Betting on “de” is very popular in the North
They are divided into Northern lottery betting, which draws at 18:15, Southern lottery betting, which draws at 16:15, and Central lottery betting, which starts at 17:15. To participate in lottery betting, players need to buy tickets (tích kê, ticket) before the lottery draw or according to the regulations of each bookmaker. The bookmaker is the individual or organization that will receive the bets from players through a system of agents and secretaries and will pay the winners according to the agreed ratio. Generally, all forms of lottery betting are very easy to play and attract a large number of participants.

**Let’s learn Lottery reasoning to become a number master**

History of the formation and development of lottery betting

**When did lottery betting originate, and who is the founder of lottery betting?** All of this is just anecdotal, and people only know that lottery betting has existed for a long time, and according to research, it dates back to around the 1960s when the lottery was issued. From the very beginning, there was only the form of betting on “de,” and gradually, as it became popular, the method of betting on “lotto” was also applied. According to long-time players, the founder of the lottery betting profession is said to be Mr. Bảy Diệm, who lived in Cây Da Sà.
[caption id="attachment_36041" align="aligncenter" width="1350"] Lottery betting has existed for a long time in Vietnam
He was from Long An and moved to Saigon to do business and was the first lottery betting owner in Vietnam. Mr. and Mrs. Hai Lâu at Phủ Định wharf were the first lottery secretaries at that time. According to old stories, Mr. and Mrs. Hai Lâu specialized in recording lottery numbers and sending the boards back to Mr. Bảy Diệm. If any player won, Mr. Bảy would pay them according to the pre-agreed ratio and a percentage commission for the secretary. In the early days, recording lottery numbers was simple and spontaneous by drawing number cards, but gradually it became more diverse and refined. In the 1960s, with the growing activities, Mr. Bảy Diệm turned the Chợ Lớn area into the largest gambling hub in the world. Since then, social evils such as theft, robbery, and loan sharking have also flourished, forcing the authorities to organize crackdowns and arrest criminals multiple times. Despite going through many historical ups and downs, lottery betting still exists and develops stronger than ever. To this day, it remains an indispensable spiritual dish in life, but the accompanying social evils are still a limitation that needs to be addressed.

**Summary of tips for playing lottery with profit**

Lottery and lottery tickets: Which is superior?

Lottery tickets are a variation of the lottery and although they are not protected by law, in reality, they are proven to be more popular. When compared to the lottery, lottery tickets have both strengths and weaknesses, which you will understand better through the following table. Generally, lottery tickets are always the choice of those who want to win big quickly and have more betting options to choose from. With the above comparisons, we can see that both the lottery and lottery tickets have their advantages, so depending on the purpose and preferences, players can make appropriate choices.

The most popular forms of lottery betting today

Along with the development of society and technology, lottery betting is becoming increasingly diverse to meet the growing entertainment needs of players. Currently, there are 2 ways to play lottery betting: traditional (offline) and online.
[caption id="attachment_36040" align="aligncenter" width="1350"] Lottery tickets have many ways to play

Concept of lottery betting — Betting on “de” is very popular in the North
They are divided into Northern lottery betting, which draws at 18:15, Southern lottery betting, which draws at 16:15, and Central lottery betting, which starts at 17:15. To participate in lottery betting, players need to buy tickets (tích kê, ticket) before the lottery draw or according to the regulations of each bookmaker. The bookmaker is the individual or organization that will receive the bets from players through a system of agents and secretaries and will pay the winners according to the agreed ratio. Generally, all forms of lottery betting are very easy to play and attract a large number of participants.

**Let’s learn Lottery reasoning to become a number master**

History of the formation and development of lottery betting

**When did lottery betting originate, and who is the founder of lottery betting?** All of this is just anecdotal, and people only know that lottery betting has existed for a long time, and according to research, it dates back to around the 1960s when the lottery was issued. From the very beginning, there was only the form of betting on “de,” and gradually, as it became popular, the method of betting on “lotto” was also applied. According to long-time players, the founder of the lottery betting profession is said to be Mr. Bảy Diệm, who lived in Cây Da Sà.
[caption id="attachment_36041" align="aligncenter" width="1350"] Lottery betting has existed for a long time in Vietnam
He was from Long An and moved to Saigon to do business and was the first lottery betting owner in Vietnam. Mr. and Mrs. Hai Lâu at Phủ Định wharf were the first lottery secretaries at that time. According to old stories, Mr. and Mrs. Hai Lâu specialized in recording lottery numbers and sending the boards back to Mr. Bảy Diệm. If any player won, Mr. Bảy would pay them according to the pre-agreed ratio and a percentage commission for the secretary. In the early days, recording lottery numbers was simple and spontaneous by drawing number cards, but gradually it became more diverse and refined. In the 1960s, with the growing activities, Mr. Bảy Diệm turned the Chợ Lớn area into the largest gambling hub in the world. Since then, social evils such as theft, robbery, and loan sharking have also flourished, forcing the authorities to organize crackdowns and arrest criminals multiple times. Despite going through many historical ups and downs, lottery betting still exists and develops stronger than ever. To this day, it remains an indispensable spiritual dish in life, but the accompanying social evils are still a limitation that needs to be addressed.

**Summary of tips for playing lottery with profit**

Lottery and lottery tickets: Which is superior?

Lottery tickets are a variation of the lottery and although they are not protected by law, in reality, they are proven to be more popular. When compared to the lottery, lottery tickets have both strengths and weaknesses, which you will understand better through the following table. Generally, lottery tickets are always the choice of those who want to win big quickly and have more betting options to choose from. With the above comparisons, we can see that both the lottery and lottery tickets have their advantages, so depending on the purpose and preferences, players can make appropriate choices.

The most popular forms of lottery betting today

Along with the development of society and technology, lottery betting is becoming increasingly diverse to meet the growing entertainment needs of players. Currently, there are 2 ways to play lottery betting: traditional (offline) and online.
[caption id="attachment_36040" align="aligncenter" width="1350"] Lottery tickets have many ways to play

The common point of these two types is that the betting tickets are diverse and similar, specifically:

Betting on lottery: 2-digit lottery, 3-way, 4-way, 8-digit lottery (Applicable to XSMN, XSMT), first prize lottery, head, tail, head-tail.
Bundled lottery: 2D lottery, 3-way, 4-way, sliding lottery, 2-way, 3-way, 4-way bundles.

All the forms of lottery betting mentioned above have only one difference, which is the betting amount and the payout ratio. If playing lottery offline, the Northern lottery point is 23k, the Southern and Central lottery is 14, and the payout is 1:80. For online bookmakers, 1 Northern lottery point is 27k, Southern and Central is 18k, and the payout ratio ranges from 90 to 99.

Guide on How to play lottery from basic to advanced, check it out now!

Conclusion

Understanding what lottery tickets are and their development will help you have the basic knowledge to play better and confidently earn money from this passion. Currently, online lottery betting is an inevitable trend, but we also need to consider choosing a reputable bookmaker to make this game more effective and safe as expected.