tchoonw ( Date: 15-Mar-2010 17:01) Posted:
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Healthy crowd at casino
From our tour of the mass and Maxims gaming floors, we
saw a decent crowd for a weekday afternoon. The crowd
built up as the day progressed, and was packed towards
midnight. This included the non-smoking section, which
makes up about half of total gaming space. We no longer
saw any long queues at the casino entrances like during the
soft launch (note: Singaporeans/PRs and overseas patrons
have separate entrances as the former is required to pay a
S$100/day or S$2000 p.a. levy to the government).
Despite the entrance levy, visitors are still predominantly
locals as seen by the huge crowd at the ‘for
Singaporeans/PRs only’ section. Foreigners are mainly from
Malaysia, Indonesia and China, and to a lesser extent,
Thailand and Philippines.
Despite the crowd, ~50% of the 530 tables were opened
(partly to manage yields), and we understand this could
increase to 80-85% on weekends. Full ramp-up is currently
constrained by manpower as dealers are required to be
licensed by the Casino Regulatory Authority (CRA) via a
thorough and strict probity check. Even then, most of the
dealers are relatively new, and will need a few more months
to achieve an optimum efficiency level. With limited tables
opened to cater to the huge crowd, the electronic table
games were almost all occupied while slots about 2/3
occupied, from our observation.
Minimum bets for baccarat, which makes up the bulk of
table games, rose from S$50 in the day to S$200 at night
(for mass-market). The lowest minimum bet seen was for
roulette at S$10. We understand that VIP minimum bets
start from S$5k. Even then, we observed that most punters
bet way above the minimum bets.
For now, we believe grind makes up ~70% of revenue vs
our assumption of 60% as no junkets have been licensed yet
(Singapore’s junket regulation was released on 31 Dec 09
and is relatively strict compared to other jurisdictions).
While we are encouraged by the healthy crowd and bets
seen, we are maintaining our earnings estimates for now.
Potential risks: RWS’ ramp up is slower than expected (we
have assumed 500 tables operational this year), and MBS
wrestling more market share than anticipated post its soft
launch on 27 Apr 2010 (MBS’s market share expected to hit
55% by 2011).
Casinos packed, but still not fully ramped up.
decent for a weekday afternoon, and gradually built up towards
midnight. ~50% of the 530 tables were opened (mainly to
manage yields), and we understand this could increase to 80-
85% on weekends. Full ramp-up is constrained by manpower as
dealers need to be licensed. The electronic table games were
almost all occupied, while slots about 2/3. Minimum bets for
baccarat (constitute the bulk of table games) rose from S$50 in
the day to S$200 at night with most punters betting way above.
For now, we believe grind makes up ~70% of revenue as no
junkets have been licensed yet. Visitors are still largely locals, with
foreigners mainly from Malaysia, Indonesia and China. While we
are encouraged by the crowd, no change to earnings for now
pending the full ramp-up of RWS and Marina Bay Sands’ soft
launch on 27 Apr 2010.
when MBS opens, most of them will go there due to the convinence and perhaps better services.
normally, what sort of winning and losing targets do you set when you visit a casino?
Best bet is pay $2000 levy. Go there just few hrs and hit and run. Some stay there for 24 hrs becos wanna make full use of the $100, like that one might lose all capital at the end of the day.
renzokun ( Date: 17-Mar-2010 15:32) Posted:
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i've not been to rws, but heard half section allow smoking, thought smoking is prohibited in aircon area across s'pore?
pharoah88 ( Date: 16-Mar-2010 09:53) Posted:
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My Strategy is to achieve NEAR 100% WIN.
That is to WIN in every trip.
So I to BET with Least RISK which in turn means low turnaround and small bet.
Best Record Timing is S$1,000 an hour which i am very satisfied already.
But it is nOt S$1,000 every hour; nOt sO LUCKY.
But can make one month salary per day instead of per month.
PATIENCE DISCIPLINE PERSEVERANCE [PDP nOt PAP] is a MUST.
you will nOt be STYLISH; usually DON'T even SiT dOwn just stand behind someone sitting.
nOt like a BiG SPENDER because you DON'T BET EVERY ROUND.
The impOrtant Objective is tO WIN every TRIP.
bE a WINNER [DON'T bE a Pay And Pay]
jUst WIN AND WIN [WAW]
tchoonw ( Date: 15-Mar-2010 17:40) Posted:
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You must be one of those ROULETTE OLYMPIANS i have withnessed before.
They memorise Strategies on HOW to AMBUSH a NUMBER.
You must have graduated from a ROULETTE MASTER Course.
Did you graduate in the US or Europe?
Is there such a course in Singapore or Macau now?
If you cannOt reveal in public, please PM the info to me.
Thanks & regards
pharoah88 ( Date: 15-Mar-2010 17:36) Posted:
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pharoah88 ( Date: 15-Mar-2010 17:36) Posted:
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Roulette had many strategies for personal preference of Risk Reward Probability.
Single Number has least probabily (Highest Risk) of Highest Reward of 1 for 35.
Most people test their LUCK like buying 4Ds with own favourite numbers.
Sometimes but rarely can be very lucky.
grouped number betting statistically increases probabilyt (decreases Risk) but reward is lower.
BET on can be placed on group of 3 numbers, 6 numbers, 9 numbers, 12 numbers or whatever combinations one prefers.
At the bottom of the strategy is Highest Probability (Lowest Risk) but Lowest Reward of 1 for 1.
Statistically, the Highest theoretical Probability is 50:50.
Bet on RED or BLACK; ODD or EVEN; 1 to 18 (1st Half) or 19 to 36 (2nd Half)

The ODDs can be theoretically improved by Trend Research.
Record the past play results to identify whether the Roulette Set is BLACK set (means opens more BLACK than RED) and calculate the BLACK RED BETA, Or RED set.
Also, EVEN set or ODD set; 1st Half set or 2nd Half set.
To Furthe improve your ODDS theoretically, WAIT for TREND like after 3 BLACKS buy RED.
Best is to CHOOSE a BLACK set, WAIT for 3 REDS and buy BLACK.
As you practice with actual research data, you can FORMULATE your PERSONAL LEAST RISK STRATEGY. You can WIN MOST of the TIMES but canNOT make you RICH.
GOOD for PASS TIME with FREE POCKET MONEY better than the Foreign Worker.
You need PATIENCE and DISCIPLINE and HARDWORK (PAPER WORK ONLY)
Three categories (COLOUR / ODD or EVEN / HALF)can be monitored at the same time.
Sometimes all THREE categories' trend appear, BET and WIN THREE at ONE ROUND.
tchoonw ( Date: 15-Mar-2010 11:12) Posted:
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| Gambler from China wins S$1.5mil at RWS | |||
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SINGAPORE's first casino, Resorts World at Sentosa has attracted numerous millionaires from China and one of them is said to have won more than S$1.5mil in a day. Nanyang Siang Pau reported that the winner was a middle-aged man who played the baccarat on Saturday evening. He was accompanied by a young woman. It was reported that the man would occasionally scold the croupier if he lost. The man was reported to be among the VIPs who deposited S$100,000. |
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Here's an interesting baccarat news:
Macau, China (CNN) -- Baccarat is not just for James Bond anymore. It is the game of choice for Chinese gamblers from mainland China and Hong Kong. Both groups make up the majority of gamblers in Macau. And they bring some unique, superstitious rituals with them that you won't see in Las Vegas.
If you watch many Chinese gamblers play baccarat in Macau, there is a good chance you will see the players squeeze the cards tightly between their fingers, slowly peek at the cards by lifting the vertical end just enough to see the suit and number, then turn the card horizontally to peek at the number again.
Each time, they crease the cards rendering the cards unusable for another round (Macau casinos seem to tolerate this). The slow dance of peeking and creasing is to increase the suspense as the player hopes for a good pair of numbers that close in on the magic number: 9.
Some Chinese players even blow on the cards, hoping to "blow away" bad numbers. At one table with a sizeable group, a woman exclaimed "hoi, hoi," ("turn it over, turn it over") as she watched a player perform his ritual.
"Sometimes, you almost believe that they can actually change the outcome of a card by the way they squeeze the card. So there's a lot of superstition," said Scott Milburn, vice president of table games at City of Dreams.
Ray Rody, a gaming professor at Macau Millennium College who studies gambling's cultural history, agreed that the typical Chinese gambler is superstitious. That nature is on full display at the baccarat table. In baccarat, one player is dealt a pair of cards and the other gamblers at the table can choose to bet with or against that player.
"The Chinese like to bet with a player when they win and against a player when they are losing because they believe in the luck of other players as well as their own," said Rody.
"They look for trends of three or more straight wins for the banker or player and then bet for a 4th or 5th straight win. The gamblers who believe in this type of luck walk around the casino searching for tables showing a trend."
In fact, City of Dreams has installed computer monitors at the baccarat tables to help gamblers track trends. The monitors show a chart of who won the last 20 or 30 rounds at that table. If a trend starts appearing, that table will most likely draw a big crowd.
Baccarat brings in the lion's share of Macau's casino revenues. According to the latest government statistics available from 2008, baccarat brought in 86 percent of Macau's total gaming revenues, ringing up $11.8 billion.
The other reason players like baccarat is because it's considered the table game with the best odds against the house.
Rody said a gambler who places a "banker bet" in baccarat has the best odds with a statistical disadvantage of 1.06 percent. A "player bet" has a little less favorable odds with a 1.24 percent disadvantage against the house.
"(Baccarat) is the best option for the player for their money to last the longest because most other table games run about a 3 percent disadvantage for the player ... or a 3 percent advantage for the house," Rody said.
Scott Milburn said baccarat is by far the casino's crown jewel.
"We have 70 percent of our floor space of mass market dedicated to baccarat tables," he said, noting he has seen individual VIP baccarat players win or lose between $7 million to $10 million in a day.
iPunter ( Date: 15-Mar-2010 11:04) Posted:
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