Baccarat Baccarat - the best small business

go right ahead ND, what's holding you back?

 

Reading between the lines leave many clues who is an amateur or advanced player.

 

ND, the BF sage of one liners! Hahahaha.

 

The lengthy posts are reserved for the creator of this topic .There are personal opinions given in regard to the game of baccarat. Read them with an open mind.

The key of this topic is Money management and kept its promise .


ND

 

Hi Lungyeh,

What do you recommend for the following questions:

1. How much lifetime bankroll?

2. How much session buyin?

3. Biggest drawdown per shoe?

4. Stop loss per shoe?

5. Target Profit per shoe?

6. When to play in casino?

7. Maximum hours to stay inside casino?

 

So many questions. And so many answers. Because how the answers are would depend on so many factors; amongst which are - can you generate your cashflow or capital from other sources besides gambling, is this total $ commitment to the project venture, what is your risk profile for eg you feel at peace when you bet 10 but do you feel the same peace when you bet 100, how old are you that would somewhat determine the hours you can perform at peak, are you being affected by a quarrel with the wife/girlfriend as you step into the casino et cetera that makes life interesting.

Be that as it may and with the intent of being long winded since it is supposedly my privilege since I started the thread ( actually all you guys can be as long winded as me and I have become more so with advancing age), I will assume the following - this is a business project. The lifetime bankroll is all that you are going to be able to accumulate and if you fail, you will be out in the streets and will have to restart your life again. You have decided, and there is no turning back. The baccarat tables is where you will start building your business empire. One brick at a time. You have limited capital and little online and other skills to build other businesses.

For many successful business people, they start with a singular focus and a no other option situation. Assume so. Dont assume that with the capital available, and even if you lose your lifetime capital, you are able to raise some more.

Are the above agreed assumptions? Or you want to change the parameters before I even attempt to answer you...

 

Sorry I do not agree with some of the assumptions.
Baccarat is another way for me to diversify my income sources, not put all my eggs(money) in 1 basket.

You can answer my queries whenever you want. I'm not in a rush.

 

Mr. Lungyeh has given details about bankroll, win goals, expected loss, size of life time bankroll, and 2 different betting methods IP or HPB.

They are all included within the pages of this topic .




Seek and Ye shall find .



ND

 

Yes Zhang Wei, we have covered most of the questions you have asked. In the scheme of specific absolute amounts, its all personal. 1000 may be one’s limit for session bankroll while for another its 10,000. Ao to each its own for bankroll settings.

My proposal was for a 70-100% win per session. Some have their own preferences at 10% or 20%.

Personally, if I can win 70-100% in one shoe, I would do so. I also agree with ND that to only end a session with a loss. The implication is that one should not limit your winning streak and stop in the midst of a win sequence. Dare to win. Scared to lose.

There are also other guidelines on MM of when to stop when losing.

And a recommended playing time of 4-6 hours max.

All the best. Keep the peace.

 

Well, gentlemen, I had the privilege of reading some comments on me on some thread on my contributions to betselection.cc. I will answer on this thread.

I surf the forums and contribute when free. The adversaries of alrelax or Glen are many, which I have come to realise after coming on this forum. Here are my response to some of the points raised. My view ya:-

1) first on Gizmotron n the unfortunate incident with Alrelax. I had funded Giz a few thousand and it was promptly lost. Truth be told, I have no interest in roulette as my contributions here would show I am a baccarat aficionado, for lack of a better word. It was his personal circumstances that appealed to my softer side that pull at me to assist. To my reading, and I may be wrong here, it was like a cri de coeur. Not before and not since has anyone gave him any funds to gamble.

The matter was brought up further in cc bcos to my mind, Giz was condescending. The straw that broke the camel’s back for me, so to speak, was when he told me that all I do was sit at home while he is the one doing all the hard work, traveling to the casino, the stress etc. Wth. If providing the money with no security is doing nothing, I reiterate that those funds could easily find a home for unfortunate kids anywhere in the world. I said it then and I say it again. Of course, the amount may be small in the overall scheme of things, but in this pandemic crisis, it is surely helpful. One always has to respect the provider of capital. As I do my shareholders for my business entities. I would be fully amenable to a full report on the whys and wherefores of the failure (not that it matters as they all are excuses rather then reasons) but I would not accept such condescending talk.

When Giz and Glen were having a tiff, I brought this up with Glen, but obviously I had to provide proofs of money transferred. What transpired later between Giz and Glen, I really dont know what happened.

I have told Giz my position on the matter and I have healed my own hard feelings. However, it was then a “tabula rasa” that has since hardened my life’s view.

Giz had also learned from the episode and gone on to his Randomness theory with considerations for MM.

2) I will put here on record that I also gave some money to Glen (although less than what I gave Giz) for some children’s charity work, just once.

3 Ever since Giz issue there have been a few cases of people from cc asking for funding for their theories which I have politely declined. Instead, I have invited 2-3 to come to Asia all expenses paid where I will arrange for bankroll of a sufficient size for worthwhile profit sharing. 2 declined saying they dont travel so far and one arrangement petered out. In hindsight, maybe its all for the better it didnt work out given the way people interpret things and spew vitriol here and elsewhere on the net.

Some have made derisory remarks on the episode that I can actually give money away on the internet. Maybe so. But I will not spend time regretting it. Life has to move on and I will regard it as research & development expenditure. LMFAO.

Since then, my considered opinion is that bet selection strategies will have its eureka moments lasting minutes, hours, days and weeks but it will not withstand the test of time. What will withstand the test of time is Money Management or MM.

4) I think Glen has contributed many useful articles on the game. Yes he tends to dominate a thread, suffers no fools and suffers no criticisms as well. Yes he writes long windedly (and who am I to say so; look at my posts!) Some find his inconsistencies and attack him relentlessly. For the so many articles he has written, I would not be surprised if he is human enough to make mistakes. But I read some of the scathing attacks on him which borders on stupidity and such venom. My opinion is that I find you can appeal to his sensibilities and he does oblige. Like most Americans, you can ask him nicely.

I have experienced for myself on this forum the vile and vitriol and insinuations members can dish out. But I can now surmise, the harsher they are the lowlier they are in their station of life. I can only wish them well.


Free will address other issues. My paying experience with Victor. The Chi-nahhh issue.

Perhaps those who are so anti Chinahhh, the pro-Chinahhh narrative is very strong in Asia. I actually am trying to strike a balance since my money was first made from supplying to US multinationals operating in Asia. The truth perhaps in some way in between. When you have somebody in the White House spewing @25,000 lies in his first term as per The Washington Post ....

https://www.google.com.my/amp/s/www...alse-or-misleading-claims-day/?outputType=amp


Havent finished the 49 pages in that thread.

 

I suppose I should tell the story of how things blew up. I was doing extensive work of TurboGenius' hot number chaser stuff with Denzie. He was in contact with TG and I was writing test sim applications for power testing ideas. Once I came to the conclusion that my sims were never going to work Denzie and I had a big falling out. He has since moved on from doing any more work on TG's stuff or my Reading Randomness as well. So be it. But I wanted to share what blew up at the last with Lungyeh and me. He didn't know that I spent over 100 hours programming TG's hot number stuff with Denzie. So in the stretch of about three days I got Denzie and Lungyeh all fired up at me. I never blamed Turbo. It was not his fault.

I wrote a program that proved that TG's hot number tricks actually worked. Computers can be tricky. I understand this form of the X-Talk language and the order of which a function inside of an algorithm executes. I had one particular line of code that had the possibility of taking out a loss in the wrong location in the code. So it made it look like it would win. It did in fact work over millions of spins. I was dead sure that we had found the secret to TG's hot number chaser tricks.

This is where it gets real good. I told Lungyeh that I had found the Holy Grail of Roulette and had power tested it with my sim. So He handed me $1,500. I went to the casino and not like before I abandoned all fear and used the rules of the sim, the exact bet selection tricks. It had never failed in testing. But the experience was far more mind boggling than what I had experienced in computer testing. I was so sure that this was going to work. It was a mindless set of rules that you just had to follow it. Anyone could do this without any playing experience. But it all blew up in my face. The $1,500 was gone in less than an hour. I could not believe it. I was shocked and returned home to inspect the source code for the sim. I found the execution error. Once I placed it properly the sim failed just like my day ate the casino. When I shared this with Lungyeh he was rightfully disappointed. It went downhill from there.

I did learn a lesson from all this though. Don't take money from strangers. Don't waste your time communicating with a malignant narcissist like Glen. Don't blame anyone else other than yourself for losing at gambling. I was just about ready to quit at this point.

Somebody shared a video about trading stocks like a casino. That was what put me on to MM. In my lifetime of gambling, using Reading Randomness, I had reached a small positive point in my sessions at some point before giving it all back. That counts for thousands of gambling sessions over 25 years. I have never lost a bankroll in a straight down dive, except for that one time with the TG's stuff. I know that you can ride the waves of the ups and downs, and with proper MM bet bigger when it is good and bet smaller all the other times. This alone will place you in the right direction. All you need then is knowing when to quit.

So I have been on a journey to discover what works. It's no different than when trying to build a business. You learn from your mistakes and don't make them again. If you survive then you live to fight another day. I won't be doing any gambling until this Covid-19 stuff is all past.

Lungyeh saved me years of saving up and losing it. Except for that TG stuff at the end I learned a lot about plying in a state of fear and not quitting while I was ahead. I don't need to share much of anything at all at this point. The RR thread is done. I shared it as a form of penance for what I had done to Lungyeh. Up to that point I had only lost my own hard saved money. I don't think I will ever take other people's money for gambling again. Just send it to an orphanage.

I don't care if people reject it. I know that there are times when the casino pays off because randomness lines up favorably at times to my advantage. I know how to target the good spots. It's so simple and yet people want some kind of automatic rule that treats these games of chance like an ATM machine. All it really takes is a skill to see the opportunities and to strike when they appear. It's an entirely different thing dealing with fear and greed. The casino gets most of their money from human weakness.

So enjoy Lungyeh's sharing and advice. You are very lucky to have it.

 

Whoa! Either shit to write a book, and, try to sell it, or, get off the "pot" of diarrhea. Who with a life has time to dwell on and read all of that "stuff"?

 

`est la vie.

 

deleted, moved to the lounge

 

1) I had no intention of revisiting old wounds until I saw some gossips on my handle name in one of the threads here.

2) As far as the matter of Giz is concerned, the amount of $1,500 was just the last tranche. I didnt want to bother digging up old records but I had a short email confirmation from him. I will not touch on this subject further.

3) I see some rooting for the return of Vic to bscc. I have this experience of Vic. After he sold bscc to Glen, I contacted Vic to ask him if he would like to do a small programming job of writing an app to keep track of wins/losses and calculating the limits of bets allowed per my own system based on bankroll size. He told me its simple and he can get it done in 1 month max 2 and he quoted me US$50 with 25 payable upfront and 25 after delivery. I promptly transferred to his Paypal account before he emailed me that it would be appreciated if I do the whole amount upfront. Told him I had already done the 25.

Time flew by and month after month he kept giving excuses. After @15 months now all I got from him was a logo!! So one can imagine the level of technical expertise available there. I may be wrong and maybe he didnt prioritise my job. But its a really simple one. So I gave up chasing after 6 months and I still have nothing.

4) I see also on internet forums that people oftentimes want to be confrontational just for the sake of it; for their 2 seconds orgasm. They just have to make smart-arse comments. Like even challenging me to a poker game in a baccarat forum! Firstly, I do not profess to being a good poker player. Secondly, my maximum bet may not even be his minimum bet. But more likely, the reverse.

Be at peace.

 

Hi Lungyeh,

Without going into details, I have my own taste of very bad experience with betselection.

Thanks,

 

Joey, my not so pleasant experience had nothing to do with betselection.cc per se, to be fair. I m sorry if it came across as such. But please Joey, pray tell...

 

Since this topic is MM. then by all means playing the ballet B and P consider bringing 2 full bankrolls one for each BS.

 

However playing " For the House" Banker and sitting out hands etc. makes Baccarat an attractive alternate table game for me.


I am not married to one table game per se.


ND

 

Merry Christmas everyone. Happy holidays and may our good Lord bring good tidings to us people of goodwill!