You should stay in the Sukhumvit, Soi 4, area. Right in the middle of all the action. The Majestic Suites (very girl friendly) is a good place on Sukhumvit and the Nana Plaza is right around the corner from it. You should visit Nana Plaza at least once in your life.There are girls all over the place, starting early evening but really picking up after 10 pm. All along Sukhumvit and check the Nana Hotel (don't recommend staying there) parking lot across from Nana Plaza. Usually filled with girls after 10 pm again.
Check out Thermes Coffee Shop (not really a coffee shop but a pick up place) on Sukhumvit also. That's where freelancers hang out, again getting lots after the magic hour of 10 pm. Only costs you a drink ( reasonably priced) and another for the girl if you hook up with one. Since they are freelancers, there is no bar fine as they have no connection with the Thermes except to show up there looking for a Farang. Just set the price up front.
In Bangkok, the going rate is 1000 baht short time and 1500 baht long time. Go to Pattaya sometime (girls, girls, girls on Beach Road) where the rate is half that of Bangkok.
Good luck, enjoy and you should have a ball with the attractive and sexy Thai ladies.
Sanuk mak maak!