VIP Baccarat


VIP Baccarat

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Baccarat is a casino card game. It is believed to have been introduced into France from Italy during the reign of Charles VIII of France (ruled 1483-1498), and it is similar to Faro and to Basset. There are three accepted variants of the game: baccarat chemin de fer (railway), baccarat banque (or à deux tableaux), and punto banco (or North American baccarat). Punto banco is strictly a game of chance, with no skill or strategy involved; each player's moves are forced by the cards the player is dealt. In baccarat chemin de fer and baccarat banque, by contrast, both players can make choices, which allows skill to play a part.

Baccarat (pronounced bak?ra?) is a simple game with only three possible results - 'Player', 'Banker' and 'Tie'. The term 'Player' does not refer to the customer and the term 'Banker' does not refer to the house. They are just options on which the customer can bet.

Valuation of hands

In Baccarat, cards 2-9 are worth face value, 10s and face cards (J, Q, K) are worth zero, and Aces are worth 1 point. Players calculate their score by taking the sum of all cards modulo 10, meaning that after adding the value of the cards the tens digit is ignored. For example, a hand consisting of 2 and 3 is worth 5 (2 + 3 = 5). A hand consisting of 6 and 7 is worth 3 (6 + 7 = 13 = 3) - the first digit is dropped because the total is higher than 10. A hand consisting of 4 and 6 is worth zero, or Baccarat (4 + 6 = 10 = 0). The name "Baccarat" is unusual in that the game is named after the worst hand, worth 0. The highest score that can be achieved is 9 (from a 4 and 5, 10 and 9, or A and 8, etc). (Credit: Wikipedia).

 

News

Article

Macau casinos' luck begins to turn - 20th April 2009

Macau's bad luck may have started to turn, as first-quarter gaming revenues jumped 8.1 percent from the previous quarter after a dismal second half in 2008, official figures showed.

Revenues in the gaming haven were 26.02 billion patacas (3.26 billion dollars) in the first three months of this year, up from 24.08 billion in the fourth quarter of 2008, Macau's Gaming Inspection and Coordination Bureau said on its website.

The upturn follows three straight quarter-on-quarter drops in revenue in the former Portuguese colony, as tighter visa restrictions on visitors from mainland China hit operators.

But the figure was still down 12.8 percent compared to the record first quarter of 2008, according to the statistics released Friday.

The crucial market for VIP baccarat was 16.83 billion patacas in the first three months of the year, down 19.1 per cent from the first quarter of 2008, but up 7.8 percent from the fourth quarter.

Macau has become a gleaming temple to gambling, with enormous casino complexes cropping up over the past few years, helping the city easily overtake Las Vegas in terms of gaming revenue.

But the tougher visa restrictions and the crisis in the global credit markets has meant many projects have stalled in recent months as they struggle to find new financing.

The visa restrictions were beefed up on Chinese worries about corrupt mainland officials laundering their cash in Macau, as well as the rise of problem gambling.
There is also concern about the outflow of cash, much of it to United States-based firms that have been the major investors in Macau since its gaming sector was liberalised in 2002.

 

VIP

A Very Important Person, or VIP is a person who is accorded special privileges due to his or her status or importance.

Examples include celebrities, heads of state, major employers, high rollers, politicians, high-level corporate officers, wealthy individuals, or any other person who receives special treatment for some reason. In some cases, such as tickets to events, VIP may be used in a similar way to premium, and can be purchased by anyone. The term was coined between 1940 and 1945, likely by the Royal Air Force.

VVIP (meaning Very Very Important Person) may indicate a level of status above VIP (Credit: Wikipedia)

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