what is the exchange rate and consumer value of their dollar?
While I am not knocking Macau's bigger handle, what is the exchange rate and consumer value of their dollar?
I.E. A typical minimum bet at a BJ table is $5 in Vegas. How much is the typical minimum bet at a BJ table is Macau?
I saw some $30 tables but they were quite rare, $50 and up is what I mostly see. I only go to the 'nicer' casinos so I guess you could find smaller minimums by going to small local casinos. Not so many people play blackjack though, for every blackjack table there are probably more than 20 baccarat tables. Most Baccarat tables have a minimum bet of HK$500 ($75) with some tables having HK$300 (US$45). At the Wynn the lowest minimum on some baccarat tables is only HKD200 ($30) but I didn't see anyone betting the minimum when I went, some teenager was actually betting $2500 on each side bets ($7500 total) and another guy was betting tens of thousands of Hong Kong dollars per hand, and this was not a high limit table! The minimum at high limit tables in the Wynn is HKD3000 ($450) and limits in VIP rooms are completely insane. I went there on a Sunday night (technically Monday morning) and it was quite full.
They send their best player to play in a game of pure chance. What does that say that this culture is building one of the most sophisticated infrastructures in the world.