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Many Thai Bettors Expected to Default on Bets

7 July 2006

THAILAND – As reported by the Thai Nation: "About one in five people who illegally gambling on football are likely to default on their bets, and leave total debts of around Bt6 billion, according to a Kasikorn Research Centre survey released yesterday.

"Referring to crime records in the aftermath of previous football tournaments, the survey predicted an increase in both petty and serious crimes, ranging from theft, to battery and assault and even murder associated with debt collection.

"…The Bt6-billion estimate is thought to be approximately 16 per cent of the total amount of bets placed on World Cup games across the country.

"The survey found that gamblers were less likely to pay back debts to close friends (51 per cent), than sums owed to bookmakers…"

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