Marina Bay Sands Responsible Gambling Policy
When the exclusivity was announced, Las Vegas Sands also announced that it will be paying a higher tax rate on gross gaming revenue starting on March 1, 2022. The date of the tax increase will. Under the current arrangement, the CRA regulates land-based operations at Marina Bay Sands and RW Sentosa, while the Gambling Regulatory Unit of the Ministry of Home Affairs is tasked with.
Editor’s Note: According to Marina Bay Sands’ website, as of now, the casino resort ” will limit public access to the casino from 23:59 hours on 26 March 2020. Marina Bay Sands in Singapore launched a monumental partnership with WWF to procure 50% of its annual seafood spend from responsible sources by 2020, support four fish farms in Malaysia, and offer a Responsible Harvest Menu during green meetings. Marina Bay Sands is the second largest casino in Singapore. These factors are the most important factors that define the operations of businesses in any environment. The legal and political forces are critical in macro-environment as they can pose threats and opportunities to companies (Rajah & Tann n.d).
Introduction
At some baccarat tables, the player may make mid-state proposition bets, generally with the purpose of insuring a winning hand. I discuss such bets in general in my page on baccarat insurance. To avoid that page getting too long, this page focuses on those insurance bets at the Marina Bay Sands in Singapore.
As usual, when writing about baccarat, to avoid confusion, I use lower case when referring to players playing the game and upper case when referring to bets.
Player Win after Four Cards
The following table shows situations where players may bet on a Player win after four cards are dealt. Insurance bets win on a Player win, lose on a Banker win, and push on a Tie.
Player Win after Four Cards
Player Total | Banker Total | Pays | Probability Player Win | Probability Banker Win | Probability Tie | Expected Value |
---|---|---|---|---|---|---|
0 | 5 | 2 | 0.319950 | 0.638715 | 0.041335 | 0.001185 |
1 | 5 | 2 | 0.283814 | 0.674655 | 0.041531 | -0.107027 |
2 | 5 | 2 | 0.248356 | 0.650906 | 0.100738 | -0.154193 |
3 | 5 | 2 | 0.271182 | 0.628151 | 0.100667 | -0.085786 |
4 | 5 | 2 | 0.294993 | 0.604412 | 0.100595 | -0.014426 |
0 | 6 | 3 | 0.248749 | 0.721860 | 0.029391 | 0.024389 |
1 | 6 | 3 | 0.200798 | 0.710369 | 0.088833 | -0.107975 |
2 | 6 | 3 | 0.212631 | 0.698539 | 0.088830 | -0.060646 |
3 | 6 | 3 | 0.224458 | 0.687609 | 0.087932 | -0.014235 |
4 | 6 | 3 | 0.236160 | 0.675002 | 0.088838 | 0.033478 |
5 | 6 | 3 | 0.248909 | 0.662332 | 0.088759 | 0.084397 |
0 | 7 | 4 | 0.154340 | 0.769393 | 0.076268 | -0.152035 |
1 | 7 | 4 | 0.153216 | 0.769718 | 0.077066 | -0.156852 |
2 | 7 | 4 | 0.153224 | 0.769708 | 0.077068 | -0.156814 |
3 | 7 | 4 | 0.154128 | 0.768806 | 0.077066 | -0.152294 |
4 | 7 | 4 | 0.153211 | 0.769725 | 0.077065 | -0.156882 |
5 | 7 | 4 | 0.154124 | 0.768810 | 0.077066 | -0.152312 |
Banker Win after Four Cards
The following table shows situations where players may bet on a Banker win after four cards are dealt. Insurance bets win on a Banker win, lose on a Player win, and push on a Tie.
Banker Win after Four Cards
Player Total | Banker Total | Pays | Probability Player Win | Probability Banker Win | Probability Tie | Expected Value |
---|---|---|---|---|---|---|
5 | 4 | 2 | 0.597782 | 0.289715 | 0.112503 | -0.018352 |
6 | 0 | 2 | 0.692222 | 0.231515 | 0.076263 | -0.229191 |
6 | 1 | 2 | 0.692651 | 0.230281 | 0.077068 | -0.232089 |
6 | 2 | 2 | 0.692656 | 0.230281 | 0.077063 | -0.232094 |
6 | 3 | 2 | 0.693562 | 0.230272 | 0.076166 | -0.233019 |
6 | 4 | 3 | 0.692650 | 0.230277 | 0.077073 | -0.001817 |
6 | 5 | 3 | 0.691743 | 0.231193 | 0.077065 | 0.001835 |
7 | 0 | 3 | 0.769393 | 0.154340 | 0.076268 | -0.306374 |
7 | 1 | 3 | 0.769718 | 0.153216 | 0.077066 | -0.310068 |
7 | 2 | 3 | 0.769708 | 0.153224 | 0.077068 | -0.310037 |
7 | 3 | 3 | 0.768806 | 0.154128 | 0.077066 | -0.306422 |
7 | 4 | 4 | 0.769725 | 0.153211 | 0.077065 | -0.156882 |
7 | 5 | 4 | 0.768810 | 0.154124 | 0.077066 | -0.152312 |
Marina Bay Sands Responsible Gambling Policy Violations
Player Win after Five Cards
Marina Bay Sands Responsible Gambling Policy Act
The following table shows situations where players may bet on a Player win after five cards are dealt. Insurance bets win on a Player win, lose on a Banker win, and push on a Tie.
Player Win after Five Cards
Player Total | Banker Total | Pays | Probability Player Win | Probability Banker Win | Probability Tie | Expected Value |
---|---|---|---|---|---|---|
1 | 1 | 6 | 0.077013 | 0.615304 | 0.307683 | -0.153227 |
1 | 2 | 7 | 0.077011 | 0.845973 | 0.077016 | -0.306895 |
1 | 3 | 7 | 0.076989 | 0.845742 | 0.077269 | -0.306818 |
1 | 4 | 7 | 0.076032 | 0.847902 | 0.076065 | -0.315676 |
1 | 5 | 7 | 0.075882 | 0.848080 | 0.076039 | -0.316907 |
1 | 6 | 7 | 0.076783 | 0.846428 | 0.076789 | -0.308945 |
2 | 3 | 4 | 0.154252 | 0.768763 | 0.076986 | -0.151755 |
2 | 4 | 4 | 0.153694 | 0.768986 | 0.077320 | -0.154208 |
2 | 5 | 4 | 0.152675 | 0.772494 | 0.074831 | -0.161793 |
2 | 6 | 4 | 0.153579 | 0.770093 | 0.076329 | -0.155778 |
3 | 4 | 1.5 | 0.231953 | 0.690731 | 0.077316 | -0.342802 |
Banker Win after Five Cards
The following table shows situations where players may bet on a Banker win after five cards are dealt. Except in situations where Player has a total of nine, insurance bets win on a Banker win, lose on a Player win, and push on a Tie. When the Player does have nine points, insurance bets on the Banker win on a tie and lose on a Player win.
Marina Bay Sands Responsible Gambling Policy Failures
Banker Win after Five Cards
Player Total | Banker Total | Pays | Probability Player Win | Probability Banker Win | Probability Tie | Expected Value |
---|---|---|---|---|---|---|
5 | 0 | 2 | 0.613890 | 0.309497 | 0.076613 | 0.005104 |
5 | 1 | 2 | 0.614788 | 0.308293 | 0.076919 | 0.001799 |
5 | 2 | 2 | 0.615134 | 0.307946 | 0.076920 | 0.000758 |
5 | 3 | 2 | 0.616392 | 0.306687 | 0.076921 | -0.003018 |
5 | 4 | 2 | 0.617492 | 0.305417 | 0.077090 | -0.006658 |
6 | 0 | 3 | 0.691042 | 0.232147 | 0.076811 | 0.005400 |
6 | 1 | 3 | 0.691983 | 0.231249 | 0.076768 | 0.001764 |
6 | 2 | 3 | 0.692490 | 0.230743 | 0.076767 | -0.000261 |
6 | 3 | 3 | 0.693904 | 0.230225 | 0.075870 | -0.003228 |
6 | 4 | 3 | 0.694015 | 0.229293 | 0.076692 | -0.006137 |
6 | 5 | 3 | 0.692008 | 0.230948 | 0.077044 | 0.000838 |
7 | 0 | 4 | 0.768423 | 0.154764 | 0.076812 | -0.149365 |
7 | 1 | 4 | 0.769115 | 0.153977 | 0.076908 | -0.153207 |
7 | 2 | 4 | 0.769616 | 0.153613 | 0.076771 | -0.155163 |
7 | 3 | 4 | 0.769562 | 0.153673 | 0.076766 | -0.154871 |
7 | 4 | 4 | 0.770610 | 0.152621 | 0.076769 | -0.160127 |
7 | 5 | 4 | 0.769077 | 0.153838 | 0.077085 | -0.153726 |
7 | 6 | 4 | 0.768408 | 0.154635 | 0.076956 | -0.149867 |
8 | 0 | 7 | 0.845811 | 0.077381 | 0.076809 | -0.304147 |
8 | 1 | 7 | 0.846393 | 0.076700 | 0.076907 | -0.309496 |
8 | 2 | 7 | 0.846178 | 0.076905 | 0.076918 | -0.307846 |
8 | 3 | 7 | 0.846655 | 0.076766 | 0.076579 | -0.309293 |
8 | 4 | 7 | 0.847738 | 0.076573 | 0.075688 | -0.311724 |
8 | 5 | 7 | 0.846555 | 0.076427 | 0.077018 | -0.311569 |
8 | 6 | 7 | 0.845958 | 0.077253 | 0.076789 | -0.305184 |
9 | 0 | 8 | 0.923190 | 0.000000 | 0.076810 | -0.308709 |
9 | 1 | 8 | 0.923094 | 0.000000 | 0.076906 | -0.307850 |
9 | 2 | 8 | 0.923090 | 0.000000 | 0.076910 | -0.307808 |
9 | 3 | 8 | 0.923153 | 0.000000 | 0.076847 | -0.308380 |
9 | 4 | 8 | 0.923583 | 0.000000 | 0.076417 | -0.312246 |
9 | 5 | 8 | 0.923586 | 0.000000 | 0.076414 | -0.312278 |
9 | 6 | 8 | 0.923200 | 0.000000 | 0.076800 | -0.308800 |