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Casino Strategies

Hacks and Strategies Casinos Use To Make You Gamble More

profileMing Feng

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Prior to the opening of two of Singaporeā€™s casino, Singaporeans can only try out their luck overseas or on cruises.

In the year 2010, we witnessed the opening of two casinos namely Resort World Sentosa and Marina Bay Sands which also turns out to be one of the most expensive buildings ever constructed in theĀ WORLD.

Source: Marina Bay Sands

List of most expensive buildings in the world

BuildingTotal cost of construction
(billion US$)
Abraj Al Bait15
Olkiluoto Nuclear Power Plant Unit 39.06
Berlin Brandenburg Airport8.48
(planned)
Marina Bay Sands
(Resort)
5.50
Apple Park5
Resorts World Sentosa4.93
The Cosmopolitan3.9
One World Trade Center3.8
Emirates Palace3
Palace of the Parliament3

TL;DR ā€“ Gambling Hotline: 1800-6-668-668

source:Ā Wikipedia

Singapore citizens and Permanent Residents of Singapore have to purchase an entry level for their casino visits.

  • The 24 Hour Entry Levy costs S$100
  • The Annual Entry Levy costs S$2,000
  • Singaporean or PR starts off with a ā€œlossā€ every time they choose to go to the casino.

While a certain group of Singaporeans believe in luckĀ (or feng shui), we put a little more trust in Mathematics.

  • Games with theĀ best oddsĀ in the casino:Ā Blackjack, Baccarat, Craps, Roulette
  • Games with theĀ worst oddsĀ in the casino:Ā Slot machines and Wheel of Fortune
  • For blackjack, one has a 44 to 48% of winning in every hand.
  • For slot machines, the casino has an advantage of more than 10%.
  • Noticed that even with blackjack which is supposed to have the best odds, we are still on a losing side.

Hacks casinos used to make you lose more money

Knowing that the odds are in their favour, casinos only need to make gamblers spend more time in the casino to be profitable.

Source: Marina Bay Sands

Most casinos make use of their design to get one to gamble more once they enter. While we are not in any possible to stop you from entering the casino, here are some pointers to take note when you enter one.

VisibleĀ cashierā€™s cages that are easy to find

A casherā€™s cage is where casino-goers redeem their chips in the casino. These cages are usually easy to find, to call out to your needs should you run out of money to play.

Also, they are located along the sides of the casino so that there are more rooms for game tables and slot machines.

Windowless Walls and absence of clocks

Casinos operate 24 hours a day, 7 days a week.

With no windows, no clocks and having the whole casino constantly kept as bright as day, it removes the time element from patrons. This means that patrons will have little idea how long they have been at the casino which usually leads to them staying longer than they planned to.

With odds against them, chances are that the longer they stay, the more they lose.

Food and drinks provided

Casinos are really generous when it comes to providing food and drinks at the casino. Coupled this with nice casino waitresses who constantly attend to your need for food and drink while you gamble, being hungry and thirsty will be the last thing you will feel throughout your stay at the casino.

Hungry people might stop gambling and patrons on a bit of alcohol make rash decisions. All these are just what the casinos need.

Exits that are very hard to find

To prevent patrons from leaving, making the exit less visible is an obvious option, and requires the least effort.

Games with very low barriers to entry are strategically placed at the entrance too, to prevent patrons from leaving.

Maze-like structure

Try navigating through this!

 

Casinos are usually built on the maze layout which makes it incredibly difficult to leave after one visits it.

This works very well with a well-concealed exit and any additional minute spent trying to get out can be converted into dropping a few extra chips into some of the game tables along the way.

Colours to keep you awake

Source: The Telegraph

A sleepy patron will start having thoughts of heading home to crash.

Casinos avoid dull colours and make full use of bright colours to remove any sleepy thought in your head.

Additional oxygen

Some casinos introduce more oxygen into the casino with the help of oxygen tanks to help patrons stay awake and feel refreshed.

Editorā€™s note: In case you are starting to find some of the above-mentioned features familiar, it is becauseĀ shopping mallsĀ adopt some of the tricks too!

Source: Plaza Singapura

See the similarities yet?

Source: tenor

Further reading: Betting taxes in Singapore

Betting taxes include betting duty, casino tax and private lotteries. Singapore collectedĀ S$2.7 billionĀ worth of betting taxes in FY2017.

Source: IRAS

Out of the S$47 billion in tax revenue, betting taxes took up 6% of it.

 

To beat inflation, gambling is definitely not an option to do so.

In fact, one may end up in a higher level of debt instead of trying to beat inflation with your money.

Know of someone who is addicted to gambling? Hereā€™s how you can help:

  • ApplyĀ for exclusions and visit limit of someone whom you know, has a gambling problem.
  • If you know that you have a gambling problem,Ā exclude yourselfĀ from online betting or jackpot machines
  • One can also call the gambling hotline: 1800-6-668-668

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About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
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