When i paid the $2,000 full year levy to enter 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 every time I go there.
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? 20 times. Visits beyond that would be considered "levy free" or would go towards reducing the cost of the levy per visit.
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 more than 20 times. If I win more than I lose, then tarada, I would go more than 20 times. Simple!
Stay tune to this blog for more about whether the numbers work out for me at MBS!
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