1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice
  3. Discussions in this section are assumed to be EV- as they are outside of the Advantage Play section. For EV+ discussions, please visit the Advantage Play section.
    Dismiss Notice

Baccarat Baccarat - the best small business

Discussion in 'Baccarat Forum' started by Lungyeh, Sep 13, 2020.

  1. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    My youngest son is in Brisbane, QUT and the pandemic has curtailed his social life. But this one has his mother wrapped around his finger. :rolleyes:
     
  2. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    Brissy nice place I’m from there originally, they say all roads lead to Rome and I might be biased lol , but brissy is so uniquely placed that it’s the crossroads to so many different places all with in a couple of hours drive. Here a drive for a hamburger etc can take a few hours there and a few hours back of total enjoyment with friends etc. big driving culture in Queensland , Northern Territory, WA, and something that seems strange to non locals. Your son will be in safe company there as Queenslanders are very hospitable. Cheers
     
    Lungyeh likes this.
  3. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    While I have emphasised that MM is the determinant as to whether one walks out a winner, this is not to mean that BS (bet selection) plays no role. BS is a pre requisite. If your BS is based on stupidity to lose, there is no MM needed at all. The BS must win for MM to come into play.

    Its like a fund manager. He must pick the right stocks to make money. The equivalent of BS. How much he makes or loses depends on how much he allocates to each stock in his portfolio and when he buys or sells them and how he trades them. The equivalent of MM.

    Even to draw an analogy as running’s a business. Usually one will start a business one is familiar with or something one understands well. For example, someone has been an employee of a retail shop that sells DIY items and wants to start a similar business since he is familiar with it. That is the equivalent BS in baccarat. Whether he makes it or not depends on his money management (MM) skills.

    BS is a prerequisite. MM is the requisite. My contention is that one’s own betting preference ie their BS works sometimes and does not work sometimes because of the game results happening then (the Phases). And MM is required to manage the situation.

    Some can call it luck with derision, another can call it managing the situation as in life.

    I dont know whether it works for others. It works for me. I try to keep an open mind to those on this forum and others, who deride people like me, who believes in trends or anti trends and cites mathematics as the scientific way to go.

    Problem is these maths people believes that baccarat is a -ve expectation game and the HE will make one lose. So obviously maths doesn’t work in baccarat. So why not do trend and anti trend? Also dont work? Then wth wtfffff are these people doing here?

    Maybe they have a higher calling to warn people not to play. Which is honourable. Yes, for sure winning in baccarat long term is a rare occurrence. So as making it in business. Believe me, not everyone can make it in business as well. I am saying baccarat is the best small business because amongst other things, it most importantly, allows one the opportunity to accrete capital from a small base. Tell me a business that can allow you the opportunity to grow from a capital base of even 1000?

    Successful business people hear it all the time. People deriding them. Calling them lucky calling them, well, names. But if you make the money you dont give a crap what people crappy say about you. You worked hard for it. Luck or no luck.
     
    Zhang Wei and Roubacc like this.
  4. soxfan

    soxfan Well-Known Member

    Joined:
    Dec 29, 2016
    Likes:
    825
    Location:
    FrozenTundra
    i saidit again and I'll say before, ain't no moneys management gonna turn a losing style into the winnings style, hey hey.
     
  5. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Yes soxfan ‘aint no money management gonna turn a losing style into a winning style.

    I say it again - But good money management is will make sure a winning style will stay a winning style and not turn it into a losing style.
     
    Last edited: Mar 29, 2021
  6. Roubacc

    Roubacc Active Member

    Joined:
    Dec 6, 2017
    Likes:
    48
    Location:
    California
    As usual, you’re right in the money.
     
  7. Craps

    Craps Well-Known Member

    Joined:
    Jul 19, 2018
    Likes:
    251
    Location:
    Las Vegas
    You have no idea that what you have written in this post is perhaps the most repeated advice that most Baccarat players gave but how many actually benefit from it in its entirety? I like every inch of it for I myself once vowed to do the exact thing. The problem is during the course of play because all the happenings are unknown, one can never timed all these actions to a desirable level. It's too subjective and draining. I admit I am not good at it. There is endless room to improve using this approach. Anyway if you go sparingly to a casino, this kind of approach is best. Not my cup of tea. Play with emotions way too much.
     
    Last edited: Mar 29, 2021

  8. Roubacc

    Roubacc Active Member

    Joined:
    Dec 6, 2017
    Likes:
    48
    Location:
    California
    At the end of the day, there are only 2 ways to make profit in baccarat. Either your bet selection is good or great, and will allow you to win merely by flat betting alone, or if your bet selection is below par, then you will need to use a negative progression. There is no other way.
     
  9. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia

    Subjectivity and emotions are part and parcel of baccarat as they are integral to business; any business.

    Anybody looking for mechanical routine SOPs would probably be looking for a menial job like metal stamping with a machine in the factory or data entry work. And be rewarded accordingly. And know that baccarat is not for you.

    Perhaps continue the search for the holy grail which is maths based that can overcome a negative expectation and the house edge.

    To me its a contradiction and that too, is too human. If one is searching for a no emotion mechanical system approach to bet selection, then why no apply it to money management? Or else what are you searching for, really?
     
    Terry Plumb likes this.
  10. Craps

    Craps Well-Known Member

    Joined:
    Jul 19, 2018
    Likes:
    251
    Location:
    Las Vegas
    Subjectivity and emotions are part and parcel of Baccarat. This is exactly the reason why casino wins EVEN there is no House Edge. This is where we disagree. I try desperately to do away with these things but you are asking yourself to challenge these things. You are seeking how to win. I am seeking how to avoid losses. Interesting. Not only you need to decide BS, you need to be constantly accessing what phase you are in so that you can use the proper MM. In real casino action, a hand can take 2-3 minutes. When you are up a few thousand , you know very well how you feel and react. Can you have the same feeling when you are down a few thousand.? We are Humans and I like to keep it that way. You are asking yourself to be a super Human where you can feel the same whether you are up or down. That is why your type of advice is heard all over every players conversation on Baccarat and yet very few can actually do it. I prefer to do something most Humans can do. I may be a bit blunt here but my aim is to get the message across.
    Don't ever think I am saying yours is better or mine is better or his is better. The Odds are the same and we can bet either side. No one is better than the other. The issue here is the ease of carrying out what you do so that you can't give any excuses and can't deviate.
     
  11. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Craps, as with Punkcity I am confused as to your approach. Could you be so kind as to possibly reiterate here for the benefit of mankind?
     
  12. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

    Joined:
    Dec 25, 2014
    Likes:
    2,087
    My personal suggestion : Do NOTbecome a slave of this game Baccarat.


    Be cautious and handle with care.





    No regrets on my part . Kept up my DISCIPLINE with the M and shall continue this way with my method in the future.
     
    Last edited: Mar 29, 2021
  13. stephen

    stephen Active Member

    Joined:
    Dec 7, 2017
    Likes:
    46
    Location:
    USA
    At the end of the day, there are only 2 ways to make profit in baccarat. Either your bet selection is good or great, and will allow you to win merely by flat betting alone, or if your bet selection is below par, then you will need to use a negative progression. There is no other way.[/QUOTE]

    If your bet selection is good or great and if you use a negative progression your profit will be enhanced!
     
  14. Jimske

    Jimske Well-Known Member Founding Member

    Joined:
    Dec 30, 2014
    Likes:
    674
    If your bet selection is good or great and if you use a negative progression your profit will be enhanced![/QUOTE]True. . . as long as 1) you have a strong bankroll and 2) you can stay under the table max.

    Also, one would do well to have an up as you win component with the neg prog. Restarting at a base unit and flat betting long win streaks can be disconcerting.

    J
     

  15. Craps

    Craps Well-Known Member

    Joined:
    Jul 19, 2018
    Likes:
    251
    Location:
    Las Vegas
    Definitely, I will disclose exactly what I do and everything comes with a reason whether it is fact based or fallacy based. I'll do it in a new thread.
     
  16. soxfan

    soxfan Well-Known Member

    Joined:
    Dec 29, 2016
    Likes:
    825
    Location:
    FrozenTundra
    If your bet selection is good or great and if you use a negative progression your profit will be enhanced![/QUOTE]
    Correct, the bets selection is KING, baby, hey hey.
     
  17. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

    Joined:
    Dec 25, 2014
    Likes:
    2,087
    How did Best Selection creep into a MM thread ?
     
  18. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    I would gather that BS is a factor but just that in this thread, the argument is that MM is the more important component.
     
    Nathan Detroit likes this.
  19. Rinad

    Rinad Active Member

    Joined:
    Apr 23, 2020
    Likes:
    122
    Location:
    colorado
    the only way to know if something works is to do it long enough. I have simply used a 6 steps marty that I do using random 90% of the time.
    the 0ther 10% if I see a repeat of certain patterns I just go against it but be sure I take notes of it so I just dont ritualy play it over and over.
    also that 90% I randomly play the Marty I dont make all 6 bets at once as Crap mentioned in one of his posts.
    bottom line is that it works but you have to give it time . it is not always a must to do a 1,2,4,8,16,32..... at time I play less aggressively and yes it will take a little more time to show a profit depending on where the hit happens.
    for the longest time i gave up on Martingale but I will not play a static way,(every hand) ,all the time. that is what makes the difference in the way I play now. I wont said there is not a better way, I am just saying it doesn't work for me.
    just like in business ,after getting involve in a dozen different business over a period of 30 years, only one has worked for me, and so that no one gets discouraged, it only takes one to succeed. there is no shame in trying and losing, that is baked into the cake.
    Regards,
    R.
     
    Lungyeh likes this.
  20. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Odds for winning at Baccarat (in a way that suits one personally) are no worse than for entrepreneurs (in a business that suits one personally).

    Please give a bow to the title of this thread! For those who say that baccarat cannot be beat (but still troll this forum to discourage all those who want to give it a try), please find something better to do with your time.
     
    judge, Roubacc and Nathan Detroit like this.

Share This Page