Macau is famous for gambling. After winning millions in Macau casinos, would you choose to quit gambling or continue to do so?

Although it seems like a rare opportunity, there is a mystery behind it, and it is not easy to get out of it safely.

So, is it really possible to just "take the money and walk away"?

Let us walk into the mystery of Macau gambling city and uncover those unknown secrets.

The source of this article comes from the official media [China.com] and [Macao Daily]. In order to improve the readability of the article, the details may be polished. Please read it wisely. It is for reference only!

Decoding Casino Profits

In 1847, the Portuguese government promulgated a decree in Macau, officially legalizing gambling.

Fifteen years later, the Macau Tourism and Entertainment Company Limited (STDM), owned by the "King of Gambling" Stanley Ho, was granted a 40-year franchise for Macau casinos by the Portuguese Macau government, marking the beginning of the "Stanley Ho era".

During these 40 years, STDM monopolized Macau's gaming industry, and Stanley Ho was known as the "King of Gambling in Macau".

Stanley Ho perfectly combined the gaming industry with the tourism industry to create a tourist city that integrates entertainment, leisure, shopping and other functions. He led the construction of many large modern casino hotels, such as the Grand Lisboa Hotel and the Grand Lisboa Hotel.

Later, the Macao SAR government decided to end the gaming monopoly and allow more gaming companies to enter the Macao market. As a result, the Macao gaming industry formed a market structure with "six giants" dominating.

In 2006, Macau's total gaming revenue reached approximately US$7.9 billion, surpassing Las Vegas's US$6.4 billion, making it the world's largest gaming center.

In Macau's casinos, gamblers, casinos and "stackers" are the main participants in gambling activities, and there is a delicate interdependence between them.

As the organizer and manager of gambling activities, the casino controls the rules and direction of the gambling.

Gamblers are the main participants and investors in gambling activities.

Every gambler who walks into a casino dreams of getting rich overnight.

However, subject to the rules and "probability traps" set by the casino, most gamblers eventually fail, and even fall into the quagmire of gambling.

"Stacker" plays a special role between gamblers and casinos.

They specialize in providing "stacking" services for gamblers, which means quickly placing gamblers' cash chips on the gaming table in the form of bets so that gamblers can place bets quickly.

"Stackers" take a small commission from each bet placed by gamblers as a reward, and earn income by increasing the speed and frequency of bets.

Although "stackers" do not directly participate in gambling, they operate in a legal and moral gray area and their behavior has been controversial.

The main source of profit for casinos is the "commission" in gambling games, that is, extracting a commission according to a certain percentage from the total betting amount of each game.

For example, in the game of baccarat, casinos usually take a commission of about 5% from gamblers' bets as profit.

Although this ratio may not seem high, casinos can obtain long-term and stable profits through a large number of bets and cover-ups.

When formulating the rules of the game, casinos often use precise mathematical calculations to set the odds within a range that is favorable to them in order to ensure a certain surplus in probability.

In addition to the "commission" system, casinos also use a series of strategies to maximize their own interests, and "limiting red" is one of them.

The casino will adjust the gambler's betting limit in real time based on the gambler's betting situation and the profit and loss situation of the gaming table.

When a gaming table suffers consecutive losses, the casino may lower the betting limit of the gaming table to control its own loss risk;

When the table continues to make profits, the casino may appropriately increase the limit to attract more bets.

This practice of dynamically adjusting betting limits allows casinos to control risks while maximizing profit opportunities.

In addition, casinos will also adopt some psychological tactics at appropriate times during the gambling process to try to influence gamblers' betting decisions.

When a gambler wins continuously in a certain game, the casino staff may give the gambler timely praise to stimulate him to continue to increase his bets;

When gamblers are in a state of continuous losses, the casino will calm their emotions, encourage them to persevere and give them hope of making a comeback.

But these seemingly friendly moves are actually psychological manipulation by casinos to consciously guide gamblers to increase their bets and extend their gambling time.

For those gamblers who win a small amount in the casino, the money that seems to be won by chance cannot escape the government's taxation in the end. The Macau government stipulates that gamblers need to pay a 35% gambling tax on their winnings in the casino.

This means that the actual amount of money gamblers receive will be greatly reduced. And for those gamblers who win big, they are faced with the problem of exchanging chips for cash.

The price of millions of lottery money

In order to circumvent government supervision, some gamblers choose to exchange money through underground banks, which not only involves the risk of exchange rate losses, but may also lead to legal issues.

Gamblers who lose money frequently are like falling into a bottomless pit. They keep investing money and may eventually lose everything or even be heavily in debt.

The gaming industry occupies a core position in Macau's economy. According to statistics, the gaming industry once accounted for more than 50% of Macau's GDP, making it a veritable economic pillar.

However, with the rapid development of the gaming industry, some deep-seated problems have gradually emerged. Among them, the "money-changing party" problem is a major side effect of the gaming industry.

Of course, I have never been to gamble, but many of my friends have been there, and they have told me stories, some true and some false. I have no interest in fighting the market every day, but I still have some skills. It's basically like playing a game of cards. If you play it for fun, there will be no next time, and no one will call you. But in short, isn't trading gambling? Technical analysis only increases the probability. If you believe that you can make money for a long time by relying on a technical analysis, it's a bit ridiculous.

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