A total of 14 people were arrested in Singapore as a result of cheating at baccarat in the Marina Bay Sands Casino. It is estimated that they obtained $1.2 million through their escapades on the casino floor.
Learning how to play baccarat is something that many people do at one point or another. However, when people learn to play and it gets to their head, they often think they can cheat casinos in order to obtain larger winnings.
The team is believed to have consisted of Thai nationals. During three and a half hours at the casino, the crew won over $1.2 million. The players created a scheme where they would know the sequence of the cards in advance.
Since baccarat is all about comparing hands between the player and the dealer, this advantage is huge. It would be impossible for the players not to win if they were able to read the card sequence prior to making a wager.
This is just another headline about casino cheating. Phil Ivey is another person who is being accused of cheating a casino. In the UK, he sued the Crockford Casino in Mayfair because they refused to pay him on a £7.8 million streak of winning that he was on.
The casino had good reason to reject the claim. The defense says that he and a female with him were using manufacturing faults on the back of the cards as a way to cheat the casino.
As far as what took place at the Marina Bay Sands, there was CCTV footage in place that showed the fourteen people were in fact guilty.
Around the world, casinos are cracking down on security in order to prevent theft. As more theft occurs, it becomes harder for casinos to offer table games because they lose their house advantage.
Some casinos have also begun offering online and mobile gaming as a way to protect their revenues. Many hotels, including the Marina Bay Sands, have seen a significant decline in profits over the past several years and much of it is being attributed to online gaming.