Will Casino go bankrupt before even starting?
-
Originally posted by seyKai:
I believe in Newton's 3rd law -
so what social problems will we be facing when the casinos started
Many people are pining their hopes on 4D n Toto and is already bad enough.
why encourage the population to gamble further? do you think by setting up casinos, there will be no more underground gamblings or by raiding geylang streets, there will no more illegal prostitutions?
its not a matter of freedom but a desperate move which could back fire and we will be the one to pay for their mistakes
You hit right on the point. Gambling is evil - robber a 100 to benefit 1.
Some people said that it an unstoppable revenue that it may succeed to help our economy and help curb underground gambling addiction.
The fact is that it remains to be seen if the IR will spur the growth of underground gambling or help to curb it. -
Originally posted by seyKai:
I believe in Newton's 3rd law -
so what social problems will we be facing when the casinos started
Many people are pining their hopes on 4D n Toto and is already bad enough.
why encourage the population to gamble further? do you think by setting up casinos, there will be no more underground gamblings or by raiding geylang streets, there will no more illegal prostitutions?
its not a matter of freedom but a desperate move which could back fire and we will be the one to pay for their mistakes
No one needs to be encouraged to try to get lucky. They will do it themselves on their own free will.
There is no way underground gambling can be eradicated. But by giving soft and hardcore gamblers a legal avenue to gamble, these people will rather pick the legal one than the illegal ones where gangsters and brutality rule, where conmen gathers to pick on the foolish ones.
We all know gambling is evil. But had there been any real solutions to eradicate it? We all hypocritically denounce it but later quietly queue up to buy a $1 toto ticket.
We start work on a company, free for the 1st 30 days - as we get paid only at the end of the month - that itself is a gamble, that we will be paid but if not, then? We would have gambled away 30 days of our sweat and toil.
We save in banks, and think that we will always be able to access such money, and be assured of intrests. Is this true?
We vote and some try to influence others to vote for the opposition, isnt that gambling too? - a gamble on the opposition that it can turn Singapore into each and everyone's fantasy paradise?
In the end, you will realize, life is all a gamble. Freedom of choice comes with a price to pay and it is call risk. It's how much you are prepared to lose in order to gain, if ever.
In the face of reality, our society can only regulate gambling, so as not to hide from this social evil, but to protect innocent lives by getting rid of the coarser elements, and hopefully, can profit from it and use such profits to educate our next generation on applying 'risk management' than depend on 'a game of chance' to succeed in life.
-
Originally posted by angel7030:
As long as those third or developing countries are not capable of doing what we are doing, the sunset will prolong.
And with 7 FW to1 Sg? Better to move such industry to where it is economically viable, isn'it? and retrain the 1 Sg, right?
But if a govt can harbour a self interest attitude for the betterment of the citizens, why not?
Sorry but this is simplisitic view of how a govt function. Which govt does not harbour a self interest attitude for the betterment of the citizens? Your view is not wrong. From logical point of view - yes it is sound but from a function of a democracy point of view and for the long term health of a nation - it is not.
And I feel that more and more young people have this view - trust and leave everything to the govt. -
casino got entrance fees... so it is more for foreigners and rich people, and more for entertainment.
gentings have a casino, but you don't see them all turn evil...
-
Originally posted by skythewood:
casino got entrance fees... so it is more for foreigners and rich people, and more for entertainment.
gentings have a casino, but you don't see them all turn evil...
Entrance fees can be a two-edge sword. It may deter curious citizens from hording the IR but I doubt it can deter hardcore local gambling addict. And the addict not only has to recover his loss (if any) but also his entrance fees too.
Evil not in the sense of people turning evil. Evil in the sense of gambling insidious nature – break up family, family falls into poverty trap etc -
Originally posted by xtreyier:
No one needs to be encouraged to try to get lucky. They will do it themselves on their own free will.
There is no way underground gambling can be eradicated. But by giving soft and hardcore gamblers a legal avenue to gamble, these people will rather pick the legal one than the illegal ones where gangsters and brutality rule, where conmen gathers to pick on the foolish ones.
We all know gambling is evil. But had there been any real solutions to eradicate it? We all hypocritically denounce it but later quietly queue up to buy a $1 toto ticket.
We start work on a company, free for the 1st 30 days - as we get paid only at the end of the month - that itself is a gamble, that we will be paid but if not, then? We would have gambled away 30 days of our sweat and toil.
We save in banks, and think that we will always be able to access such money, and be assured of intrests. Is this true?
We vote and some try to influence others to vote for the opposition, isnt that gambling too? - a gamble on the opposition that it can turn Singapore into each and everyone's fantasy paradise?
In the end, you will realize, life is all a gamble. Freedom of choice comes with a price to pay and it is call risk. It's how much you are prepared to lose in order to gain, if ever.
In the face of reality, our society can only regulate gambling, so as not to hide from this social evil, but to protect innocent lives by getting rid of the coarser elements, and hopefully, can profit from it and use such profits to educate our next generation on applying 'risk management' than depend on 'a game of chance' to succeed in life.
if you dont like monthly wages system then look for a daily paid job
you got mix up with calculated risk and gambling
life is not a gamble, its how you are influenced and brought up, you take risks and not gamble
how do you educate a child and what are the chances for him not to be a gambler when brought up in a gambling den? - by 'risk management'?
-
Originally posted by seyKai:
if you dont like monthly wages system then look for a daily paid job
you got mix up with calculated risk and gambling
life is not a gamble, its how you are influenced and brought up, you take risks and not gamble
how do you educate a child and what are the chances for him not to be a gambler when brought up in a gambling den? - by 'risk management'?
Indeed, Indeed. There are such things as calculated and assessed risk, intelligent guess, environmental influence, blindfolded roling of dice.
-
Originally posted by seyKai:
if you dont like monthly wages system then look for a daily paid job
you got mix up with calculated risk and gambling
life is not a gamble, its how you are influenced and brought up, you take risks and not gamble
how do you educate a child and what are the chances for him not to be a gambler when brought up in a gambling den? - by 'risk management'?
You are entitled to your beliefs. Hypocrism can always find excuses to hide from reality. -
Originally posted by xtreyier:
You are entitled to your beliefs. Hypocrism can always find excuses to hide from reality.my beliefs? - a gambler doesn't has a sense of logic - only has hope and blame others for his bad luck when lost
sound like u?
-
Originally posted by 4sg:
Entrance fees can be a two-edge sword. It may deter curious citizens from hording the IR but I doubt it can deter hardcore local gambling addict. And the addict not only has to recover his loss (if any) but also his entrance fees too.
Evil not in the sense of people turning evil. Evil in the sense of gambling insidious nature – break up family, family falls into poverty trap etclocal gambling addicts will go gamble whethere there is an IR or not. gentings is just a stone throw away.
-
Originally posted by skythewood:
local gambling addicts will go gamble whethere there is an IR or not. gentings is just a stone throw away.
I don't think in today context it is a question of place. We even have ship cruise and net gambling now.
It is really a question of accessibility and allowing greater acessibility to man-on-the-street. The greater the level accesibility, the worse case scenerios we have to expect of gambling. -
I read they approved an increase from 600 gaming tables to 1000 gaming tables for the coming casino.
A whopping 66.6% increase.
Wait, the number sounds very familiar.
-
Originally posted by 4sg:
I don't think in today context it is a question of place. We even have ship cruise and net gambling now.
It is really a question of accessibility and allowing greater acessibility to man-on-the-street. The greater the level accesibility, the worse case scenerios we have to expect of gambling.200 dollars entrance fee, weaker odds, is not very accessible. it is really for entertaining the rich people.
gambling in the streets has better odds, but illegal. but being gambling man, they will probably gamble that the police won't catch them today.
-
Originally posted by charlize:
I read they approved an increase from 600 gaming tables to 1000 gaming tables for the coming casino.
A whopping 66.6% increase.
Wait, the number sounds very familiar.
where did you get that info?
i read that they will have to open the casino in stages, instead of all at once.
-
Originally posted by skythewood:
where did you get that info?
i read that they will have to open the casino in stages, instead of all at once.
I read about it in a few reports and you can probably find the info in some of the casino threads in sgforums.
I did a google search and I found this report.
http://news.asiaone.com/News/The%2BBusiness%2BTimes/Story/A1Story20081108-99228.html
-
I love watch it all fall flat...
-
Originally posted by HyperFocal:
I love watch it all fall flat...
It's not even up yet.
-
Originally posted by skythewood:
200 dollars entrance fee, weaker odds, is not very accessible. it is really for entertaining the rich people.
gambling in the streets has better odds, but illegal. but being gambling man, they will probably gamble that the police won't catch them today.
Not sure if the IR with $200 entrance fee implies weaker odds. It remains to be seen if this is going to be the case.
The $200 per entrance can be considered as money deterance to accessibility but than again with the building of IR, space or distance accessibility has been minimized. -
Originally posted by 4sg:
Not sure if the IR with $200 entrance fee implies weaker odds. It remains to be seen if this is going to be the case.
The $200 per entrance can be considered as money deterance to accessibility but than again with the building of IR, space or distance accessibility has been minimized.casino always has weaker odds.
always.
you know the 4d tickets runned illegally? people go there because they offer better odds. same thing with gambling on the streets, better odds.
-
The house always wins.
It's about expectancy.
-
Originally posted by charlize:
The house always wins.
It's about expectancy.
the house wins more for casino than for street vendors...
-
Originally posted by skythewood:
casino always has weaker odds.
always.
you know the 4d tickets runned illegally? people go there because they offer better odds. same thing with gambling on the streets, better odds.
You may be right, casino may have weaker odds.
If you compare 4D and toto, the chance of hitting 4d is higher than toto. But which offers bigger prize?
Generally, the lower odds, the higher prize and the higher odds, the lower prize. -
for 4d in the streets and 4d in singapore pools has the same odds of winning... but the payout for the streets is better than singapore pools....
that is what weaker odds means.
-
Originally posted by skythewood:
for 4d in the streets and 4d in singapore pools has the same odds of winning... but the payout for the streets is better than singapore pools....
that is what weaker odds means.
Of course, one has fixed and variable costs like rental, utility. The other don't and so the payout is better.
I think whether it is illegal or legal, it the gambler's choice of strategies to play it out. -
Originally posted by 4sg:
Of course, one has fixed and variable costs like rental, utility. The other don't and so the payout is better.
I think whether it is illegal or legal, it the gambler's choice of strategies to play it out.i don't think the gambler cares about the casinos rental or whatever... they care about better odds, and high entry cost. casino is definitely a high end place for entertainment,for people with money to burn