Genting's Gambling Plan Unmasked.........
Many people think that the reason why gambling company makes money, is because they have some card tricks up in their sleeves. But contrary to popular belive, it doesn't work that way. So how the hell is it that the house always wins. The key phrase is "House always Wins"...You see it is not tricks that lifts this companies up but, the fact that these companies run with a universally set formula. And the formula is...
WIN = Average Bet * Hours Played * (Hands/Hour)*Advantage
Win means the percentage of the house wins, average bet varies between games, hours played depends on how long a gambler decided to waste his time on a silly game, hands/hour means how many rounds of game has been completed within an hour and the juicy part is the advantage. Advantage here iw what has been set up universally. The advantage here varies among different type of games. But think about it, if a fair game means 50/50 in percentage terms, then the house having advantage of 2% means the fair formula becomes unbalanced-meaning to say its no more 50/50 but 52/48. Get the idea.So every game in the world has its advantage. Want to know more. Go do your own research if you are interested. A good guideline will be to look for author "Jim Kilby" in the search engine.
Now average bet cannot be changed often, otherwise customes wont come in frequent anymore. As for genting their average bet depends on the crowd. So during Chinese New Year, their average bet on each table will increase due to the heavy crowd and action. Meaning to say after people getting ang pow, they will invest everything on Uncle Lim's pocket. And people who on ordinary days will bet RM 25 max, this time will bet up to RM 100. So as the average bet increases so does the winning margin. Put in some numbers and work out so that u guys can understand better.
Hours played, as mentioned depends on the customer, somehow the longer the customer stay the more the house's chance of making the win.
Now we know advantage is fixed, average bet cannot be modified all the time and hours played by a customer is not within our control, so what's left is what we can control, which is hands dealt per hour. If you are observant enough you will see that in the case of any disputes or what the person in charge will try to settle the issue as fast as possible and try to resume the game cuz the more rounds of game played in an hour increases the win percentage of the house. The ratio of increase is small but since it is within the control of the house, thus they could make millions.
Now that is some lesson to all you dumbass who thinks that gambling companies has its tricks to win. Try to beat the formula and u can win.
Having said that, Genting somehow wants to control the rest of the factor of the formula given thus, let me reveal to u their ultimate brilliant idea, is to make it a tour spot...not a gambling spot alone. Think about it, they have concerts and shows every week...Why???So that people will come up to Genting and with the assumption people are coming all the way not for the show alone. Sure hell enough they will wonder around and will make a way to the Casino, thus attract more people to gamble. This is an idea specifically ment for weekend attraction.
How about daily attraction? They have theme park...Parents can simply leave their children to play at the parks when they go and gamble. Children wants to go somewhere for holiday, parents will bring them up here so that in the end not only the child can have fun but also the parents can be served to their gambling addiction.
Genting will do anything in order to keep more and more people coming up to gamble. I mean think about it - 10 years ago the roads wasnt as smooth as now. It was dangerous and a long way up. But Genting reconstructed everything with their own money, not the governments to make it easier for the people to travel up. I remember when Genting gave permission for the road down from Genting to be closed for Le Tour De Langkawi event. I mean sure as hell it looked how generous Genting can be, but heck try asking their permission to close the road coming up to Genting. They will nod to that. Why???Simple- they rather have people stuck up here in longer than distrupting the journey of people coming up. I mean Genting's mindset is one....the longer we can have the people spend time up here...the higher the chances of them gambling and Genting getting the money.
If there is any road accident that may be blocking the road up genting, or lets say landslide that prohibits people from coming up, fear not Genting has its own construction team to take of all those and clean up the mess in no time, so as to clear the way for people to come up...Genting sure hell know if they expect the government to do the work, they will loose all their business, heck they employ their own team...Sweet move heh....
If u are observant enough, their one and only petrol station up there will be closed after 8 pm. So people if u r up without petrol dont think of going back after 8pm. Why the one and only station closes at 8pm. I mean think about it, Genting is a city that never sleeps and cars, busses, trucks passes by all the time and having a 24 hours petrol station can help them earn loads of money, but nope- Genting want them to close by 8 pm....so that they can increase their chances of holding people to gamble up...Controlling the hours played factor of course...
All this issues would have been nothing all this while until i revealed them to the world. But i am sure all of u may find it interesting to know the truth. Some of u may not belive me but what the heck i am sure u can find logic in what i wrote....So enjoy...
All this issues would have been nothing all this while until i revealed them to the world. But i am sure all of u may find it interesting to know the truth. Some of u may not belive me but what the heck i am sure u can find logic in what i wrote....So enjoy...
Where Fantasy and Reality Cross Paths....truth be told, no secrets withheld...
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