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Baccarat Baccarat - the best small business

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

  1. mansi19896

    mansi19896 Active Member

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    no i did not implied you have posted results, thats why i asked have you had that kind of results, because i played same way like you for decades like we discussed quarter year ago
     
  2. mansi19896

    mansi19896 Active Member

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    its that equal because i limited myself for 3 sessions per day only, very short sessions
     
  3. Lungyeh

    Lungyeh Well-Known Member

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    Short is good. The Chimp is at rest.
     
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  4. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    @Mansi , For some of us long distance travel to casinos is still on hold until things return to normal.


    ND
     
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  5. mansi19896

    mansi19896 Active Member

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    for sure but we dont have to live on the present time only. You have tons of experience results from the past too to know some variences, but ofcourse if you like to keep it private i respect that. Theres no need
     
  6. mansi19896

    mansi19896 Active Member

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    but how are you doing personally with average results per month, If tie +/- few units are unusual for you
     
  7. Lungyeh

    Lungyeh Well-Known Member

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    I havent been to a B&M casino the past 15 or so months. Hence the time to write and post.

    However, I started playing online since @ January 2021 and measuring against my son’s trading/investment in Bitcoin and other cryptos to show which is the best small business. He is in a good mood today as Bitcoin pushes past US$60,000.

    In any case, I am way ahead. I dont measure in units but against a small bankroll I initiated at the beginning of the year to match my son’s investment capital. So far until April 12, total bankroll is now @10x.

    I am still acclimatising (for lack of a better word) with online gaming. But it suits me well. In the sense that if in a Shar Chi Phase, I can just log off and go do something else. And come back after the recommended 1 hour break. I think this break to regroup or reset is really important. The few times, I tried to push beyond the 3 LIAR or 3 out of 4 Losses, I end up in a worse position. It is refreshing to start from a position where your capital has not been decimated and it makes for an easier comeback.

    And there are 6 Baccarat tables to look out for pattern plays. And a break to roulette (1 table) sometimes.
     
    Last edited: Apr 12, 2021
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  8. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    To put matters into the proper perspective winnings or losses to be reported in Dollars.

    Methods at the table i subject to discussion in units.


    Fair enough .
     
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  9. mansi19896

    mansi19896 Active Member

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    i have always wondered one thing about baccarat in online. In roulette you can restart game by opening new browser or refreshing page and new numbers pop up like its new table, but if you shuffle shoe in that rng baccarat with 6 tables, how do i know it wont continue how previous shoe ended.
     
  10. mansi19896

    mansi19896 Active Member

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    i hope starting with heavy money dollar is not only way to overcome the game, because if you start small, it may take lot of time before you can increase unit size, which can be worthwile. This means you have to be profit with hundreds and hundreds of units to be really safe
     
    Last edited: Apr 12, 2021
  11. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    @ Mansi, not knowing the details of your MM bit try to include not to replay any net winnings during the ongoing session


    Those net winnings go home with you even if you suffered a loss at the required bankroll.



    ND
     
  12. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Mansi , Just br ing the ptper bankroll for one session. RTake the table minimum and multiply by 40

    25 % of that amount is your loss limit and when this is gone rhe session is over .


    But do not dispair you have 75 % of the original capital.



    If you wanna win mor more bring more to start with.


    +Information given subject to play at your own risk.
     
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  13. Lungyeh

    Lungyeh Well-Known Member

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    All the tables for baccarat and roulette are with live dealers. The shoes last about 60-70 hands mostly.
     
  14. Lungyeh

    Lungyeh Well-Known Member

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    I always believe that if one cannot handle small money he wont be able to manage big money. That said, baccarat allows you to start it as a business with a small capital.

    There have been discussions of how much bankroll is required in previous pages on this thread. Increase of unit bet size should only be contemplated when you have doubled your TOTAL bankroll which could be 4-5 times your SESSION bankroll. Again, to each, his own.

    And applies more appropriately to the MM espoused here and specifically does not apply to -ve Martingale play.
     
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  15. Lungyeh

    Lungyeh Well-Known Member

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    Bitcoin transactions can be done in fractions of a unit and one need not transact in a whole unit of US$60,000.

    Elon Musk led Tesla into a big bet and Paypal now allows transactions with it. Interesting times.
     
  16. Lungyeh

    Lungyeh Well-Known Member

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    When I talk about ‘Hot Phase’, ‘Neutral Phase’ and ‘Shar Chi Phase’, some say that I emphasised luck. Which is ok. But they do it in a derisory manner.

    Ecclesiastes 9:11, ‘...time and chance happen to them all’. Biblically speaking.

    Even a Harvard Study on factors for success stated ‘luck as a significant factor’. Google luck as success factor and there are many such studies.

    While some may prefer to be nonchalant about it and attribute their success to their skills and/intelligence and/or hardwork, passion etc, I will just take whatever life throws at me. If life throws lemons I make lemonade.

    But arriving at a table with the results pattern totally in sync with your innate pattern recognition senses plays a significant role. Then how you bet and how you manage your bankroll will determine whether you win and how much you win.

    Luck is a factor but not the only factor. But we need to be fully ready to exploit the situation when life presents us with opportunities.

    I am sure some of the members here have IQ levels way above Elon Musk or Jeff Bezos or Bill Gates but not a fraction of their financial success. The analysis, the mathematical analytics and the conclusions derived (rightly or wrongly; mostly) do exhibit high levels of intellect. The EQ to accept different approaches to the game, to account for human dramatics as a significant factor of success and the refusal to acknowledge luck as a factor are the reasons for continuous failure of those searching for the systems based holy grail.

    Also, if you find an issue with the term ‘luck’, would the pseudoscientific term of bio-rhythm help?
     
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  17. Craps

    Craps Well-Known Member

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    It's been unclear when I said HINGED on COMEBACKS. What I meant was THERE IS NO COMEBACKS dilemma with my type of approach. It's either a 8 units win OR a 24-31 units loss. So it's whether PAY BILLS DAY or normal business day. One thing for sure is you know there are no surprises of any kind with both of these 2 situations. They are both factored in like a normal business would encounter.
    Come to think of it I feel the word INVESTMENT is more appropriate than the word BUSINESS with your description of this type of business with no normal business operation and expenses.

    You still don't seem to have the mindset of a Martingale Player. That's why your comparison of a 5 unit loss comeback vs. a 31 unit loss comeback is somewhat confusing you. I play Martingale for the Probability and this type of probability is TRUE. How can you compare 50% to a 97% ? Sure when situations are permitting, you can win 5 units rather easily but when your win rate is in a tug of war with the House, the Martingale will pull through. That's why there is a 31 unit risk. There is NOT a single time that I say Martingale is better. I am just pointing out the characteristics of using a Martingale. Perhaps you should recall how you had used Martingale before to see any difference with the approach that I used.

    Again. I asked one more time. Is losing 31 units bankroll at any time with any system or approach regardless the time spent TOO MUCH?
    THE ENDS JUSTIFY THE MEANS.
     
  18. Craps

    Craps Well-Known Member

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    Very good post here. Lungyeh.
    I always wanted to say everything we do, it's is a MAGNIFYING of B or P. We just branched out to other subjects like Follow or Against. We deal with the LUCK trend to see what phases we are in. We observed other Players whether we can play with or against them. We timed our higher wagers and lower wagers etc. Your post here totally touching on this subject.
    The bottom line is we might think we can exploit something of any kind but the question is CAN IT SUSTAIN? Again it's like B or P. 50/50.
    I said your description of your approach is MOST effective with WIAR and LIAR. The thing that lets out the chimpanzee is NOT the time when you experiences the bet WHAT lose WHAT situation. It's the discipline and patience that you put in ONLY be destroyed by the time you decide to take MORE risk. What if your bet more after a loss is leaps and bounce over betting more after a win on a particular day?

    It's nice that you encourage people to look for opportunities of the WHEN TO MAKE A MOVE. However there is something I am not sure you agree or not and that is a better Money Management is where you have a HIGHER stop win over a LOWER stop loss. That is exactly what an ADVANTAGE PLAYER differentiate himself from others. But out there everybody seems to be giving the advice of a lower stop win with a higher stop loss.
     
  19. Lungyeh

    Lungyeh Well-Known Member

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    In this thread, my advocated win target is 50-70% or even 100%. I have a stop loss target of losses in 3 out of 4 bets at least for an hour.

    I advocate Dare to win, Scared to lose.

    Again, to each his own.

    As to the WIAR and LIAR, it need not happen in consecutive bets. I mean it does not mean for example that I may bet Banker 8-9 times in a strong ‘dragon trend’ to be able to win 8-9 times. I may stop at 5-6 x. And continue elsewhere. Or in a cluster of say 6x uneven repeats ie 4B, 2P, 3B, 5P, 2B, 2P, 5B, I may only have betted on a second liner. In this example, I may have won only 5 times. And the others were no bets. This depend on the situation. The past results before this cluster may affect my pattern reading. Or the patterns developing in the minor roads. For me, the Main Chart takes precedence but often when it is random, the minor charts may provide a strong trend indication.

    Thats why I loathe to discuss bet selection. Too complicated. But it works sometimes and other times if doesnt. So MM is the determinant.
     
    Last edited: Apr 14, 2021
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  20. Craps

    Craps Well-Known Member

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    There is a post I did a long time ago about people going through "stages" or shall we call it metamorphosis in gambling. I was accurate when your approach now is what is known as a CALCULATIVE player. That is something gamblers should be at but how well you stayed that way is the difference. It's good for people who treats gambling as a Hobby, Side income or Business which means you are playing with disposable money. That is why your MM is focused mostly on COURSE of a session of play to counter those BAD times and profit on those GOOD times. It is not Rocket Science but the truth is YOU ARE ASKING TOO MUCH FROM A NORMAL HUMAN BEING. Exactly, how many people can do that ESPECIALLY the end result is unfavorable and still persist? There is WAY too much room to go back and give excuses. I am only pointing the characteristics and NOT criticizing. Everyone would love to win because of good MM because that makes you feel a lot of satisfactory and confidence.

    On one of your post you did advised about having a STOP LOSS for the day which is LESS than the STOP WIN for the day. This is a very common advice especially for people who won and gave it all back. But the truth is these mentality is SO inline with playing with Martingale which is risking MORE with a LOSS day and winning LESS on a win day. You can see how contradicting one can be when the WHOLE picture is revealed.
    The ease of making that smaller STOP WIN with a bigger STOP LOSS in case one needs a comeback is WHAT Martingale is. So this translates to you are NOT OK with short term happenings but advocate what you are against on longer term results?

    I declared I am NOT good at doing what you advice people to do but your advice is indeed very THEORETICALLY sound. I want to play with the basic behavior of a Human Being towards gambling and only needs to control the BIG picture which is the STOP LOSS. In my World, things are overdue to happen, chase after every loss . Bad advice but not in a CONTROLLED way.
    Remember this advice. THE SAFEST PLACE IS THE OBVIOUS. Maybe that hold true for Baccarat as well.
     

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