When i paid the $2,000 per annum entry levy for the Marina Bay Sands Casino on Jan 2, I knew I must visit more than 12 times to make the sums work for paying the levy in advance, instead of paying $100 each time I visit.
Also, apart from the upfront payment, I have given up the flexibility of visiting the casino fewer than 12 times during the next 12 months. Because if I go fewer than 12 times, I would in effect be paying more than the government mandated $100 per day levy.
However, I know for sure that I would visit MBS more than 12 times in 2011. I intend to anyway.
Where is the break even point for me? I guess 24 times should do it for me, or two visit a month. That means I would be paying a $50 per visit levy.
Still, that would depend a lot on whether my luck holds out on most of the visits.
If I lose more money than I win, then I may not visit as often as twice a month. On the other hand, if I win more than I lose, then I may even make more than 24 visits.
Stay tune on this blog for more about whether the sums work out for me at MBS!