Reasons for online lottery popularity in Vietnam

A lottery is a form of gambling which involves drawing numbers at random for a prize. Most of Vietnam citizen love and take lotteries very seriously. According to a study done in 2019, the lottery was the most searched word by the Vietnamese. It stated that in every 20 words searched online, eight were related to the lottery. Although the Vietnam government discourages gambling Vietnamese continue to gamble. Due to the high demand from the citizens and to reduce illegal gambling in 2012, the state came up with Vietnam lottery which is until today operated by the government. The winners from the lottery are given their share, and the rest goes to support the government budget. Let’s now look at some of the reasons why the online lottery is popular in Vietnam;

High levels of unemployment

In Vietnam, several people are not employed. These are mostly the elderly, disabled, and the youth who are poor. They need to pay bills and meet their basic needs. The elderly mostly cannot be supported by the youth because earn very little and still have young families to take care-of. They end up in online lotteries hence making it popular.

Foreign investors

Vietnam government has allowed some foreign investors to put up casino trực tuyến việt nam uy tín 188loto sites and lottery for foreigners only. Some Vietnamese have taken advantage of this platform to make some money. Although it’s illegal for the Vietnamese, it has made online lottery popular.

Availability of international lottery sites

Another reason why the online lottery is popular in Vietnam is the availability of international lottery sites. The Vietnam government has tried to fight this by blocking some of these sites, but the Vietnamese are coming up with new methods to access these sites daily. For example, they use a VPN to hide their location and access these sites.

Availability of safe methods of payment

Online sites worldwide that offer a chance for Vietnam citizens to play lottery offer secure online methods of payment. Thus, providing players with easy methods of transacting money hence making these sites more reliable and secure. Therefore, the most accepted methods of payment including but not limited to; credit and debits cards, as well as MasterCard’s, are mostly accepted. Thus, due to the availability of safe modes of payment, the online lottery is very popular in Vietnam.

Easy Money

Since online lottery has provided Vietnam citizens with an easy way to earn money with fewer struggles, it has thus become too popular in Vietnam and its environs. Due to influence from those who happen to win large sums of money within a short period, this has attracted a large number of people hence increased popularity of online lottery in Vietnam.