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Baccarat Baccarat - the best small business

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

  1. Jae

    Jae Well-Known Member

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    It’s true. We still keep in touch via email. He still browses the forum but is a busy man.
     
  2. judge

    judge Active Member

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    lol
     
  3. Jimske

    Jimske Well-Known Member Founding Member

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    I'm testing OG when I get a chance and now have finished 97 shoes playing both banker and player side. Playing every hand. So far net profit 7.82 units per shoe. Biggest drawdown about 250 units which resolved the very next shoe and largest bet around 50 units I have to look and see exactly. If I get around to testing about 500 shoes I will post not only the results but the BET selection.
     
    Junket King, fathead and Jae like this.
  4. Lungyeh

    Lungyeh Well-Known Member

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    Trust all is well with everyone.

    i had mentioned that I was in a competition with my son to see whether the returns I achieve on baccarat would be better than the returns he make on Cryptocurrencies. The competition ended on 30th June 2021….
     
  5. mansi19896

    mansi19896 Active Member

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    so who won :D
     
  6. Lungyeh

    Lungyeh Well-Known Member

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    So my 5,000 became @15,000. His 5,000 became @30,000! Wtf.

    I continue to disbelieve. Not so much the concept of Cryptocurrencies but more so its continued increase in values.

    Many years ago, I had dinner with a friend of my daughter’s who was a graduate of an Ivy League university, Columbia. The dinner topic turned to crypto. When I quoted Warren Buffet that Cryptocurrencies was poison squared, he patiently explained to me. ‘Uncle, the older generations have their capital and their ‘brands’, their businesses. Are the millennials to submit to this order quietly? How can the millennials compete and make their own future? Technology and Cryptocurrencies.’ And so they have.

    Is it then the best business?
     
  7. Jimske

    Jimske Well-Known Member Founding Member

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    In my opinion right now crypto is merely a speculation Market. As such there will be still be winners and losers. If any of these become institutionalized will be no different than Forex Trading currencies
     

  8. soxfan

    soxfan Well-Known Member

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    I gotta agree with the Lung-Yeh that the baccarats is the best business. What other business can ya start up with 250ks and capture around 2, 000, 000 profits per annum, hey hey????
     
  9. Bellringtoday

    Bellringtoday Active Member

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    • Violation of Rule #1: Be Respectful
    Hey Hey go suckie suckie Steviepois dickie dickie,

    Fucking gay Canadian and a stupid dickie named Steviepoo.

    Hey Hey the gayest shit anywhere.
     
  10. Punkcity

    Punkcity Well-Known Member

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    I would say cryto best small business. NO absolutely not.

    It no way near to meeting the criteria most have set out this thread re best small business.

    From having been on the forex and stock markets for many years and also being a santamonios bullshit baccarat adviser I can say that I can take $100 or $50 as a start up bankroll and harvest a income.
    Not nearly enough to start an income , $100,$50, in the marketplace

    Perhaps I’m thinking in micro business @$50-$100. With $500-$1000 bankroll you can feed your family week in and week out , something you can’t do same amount on market.

    Yes you read watch YouTube some one claim to start with $50 on crypto/ binary/ 4x and look now I’m on 6 figures blar blar. But you are having to reinvest for awhile before you can buy lunch . Hopefully parents let you use their electric, computer, food for free.
    Strictest sense no. Not the best small business to start out. On the other hand I would fund my crypto business from return from baccarat, building on that then with the expertise and compounding you can achieve in the market crypto/4x etc does out strike rate baccarat.


    As stated initially no not best small business, baccarat wins hands down. Cheers
     
    Jimske likes this.
  11. Punkcity

    Punkcity Well-Known Member

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    Cravat to above post .
    You will out earn baccarat with crypto until it crashes in the instant it’s been doing lately. Yes you can have stop loss in place for the market, slippage, and market makers can and do clean you out.

    When you leave a baccarat table you take everything with you , nothing is riding the ( market) hands being played as you are NOT there. You don’t wake up tomorrow morning open your account and see you have taken a hit. Etc other stock market sentences here etc. cheers
     
  12. Lungyeh

    Lungyeh Well-Known Member

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    I think what you say is true. Make baccarat your business; make some money and invest some in cryptos. Bitcoin is high and still going higher. There are new cryptos coming on the market and some of them, if identified properly, have given multiple fold returns. When will they crash? They have crashed and recovered many times. The question then is, when will they crash and die never to recover?

    We hear about historic business mistakes. Like Coca-Cola refusing to buy Pepsi-Cola. Like IBM ceding software control to Microsoft. Like Nokia not paying attention to smartphones. Like Kodak ignoring digital print. The list goes on. I too, had my moment.

    Back in 2014/2015 we sold off the biggest industrial warehouse in Bangkok and came into some big money after settling the bank loans. We looked around for investment opportunities. Then someone suggested Bitcoin which was @300 then. But she was sceptical of her own suggestion and caveat it that she had been looking at it since it was 100. And so it came to pass.

    We could have easily afforded US$1,000,000 then and today it would have been US$180,00,000 million. Assuming there was no trade when it touched 30,000 and went down to 3,000 and now back up at @50,000.

    Even US$100,000 would have made it US$18,000,000.

    I live everyday in regret. My son is making real good money from crypto and his digital marketing consultancy. Good for him he is planning on starting a business soon, Earned Wages Access (EWA), a fintech concept started in America and now a hot area. I am always learning. He doesn’t want my money for investments. His mum gave him 50,000 for crypto investment for a 30% return above that he keeps. All I know is that his mom has been paid the 30%.

    Still, if capital is an issue, baccarat remains the best business. If it has served you well, concentrate and not be distracted. Any business, baccarat included deserves utmost attention. Dont ever play-play. You will come to regret it.
     
    Jae likes this.
  13. Punkcity

    Punkcity Well-Known Member

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    True
    As for all business undertaking be it crypto or baccarat it will be of no value to some people. Others will excel, most and quite possibly in equal proportion to baccarat and the markets will fail.
    Even though in my limited bullshit baccarat advisor capacity plus my equally bullshit market advisory’s opinion if you follow the basic principles of the game and learn, not gamble, have a structured approach you can and will succeed. Break a few eggs along the way ( loses) yeah sure, but in the end with the right attitude you end up with a wonderful omelette.
    As you enter any market undertaking you should be fully versed in the dark art of short selling. Per your example of bitcoins huge drop then rebounds you would have made far more than $180 million just by short selling. Then going long at the correct time then short etc. Even if you are unable to exactly time the market swings your gross profit would exceed $400 plus million.

    So no regret, life is brief, enjoy all that you can, cheers
     
  14. Frank Kneeland

    Frank Kneeland Active Member Lineage to Founders

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    My what a BIG thread you have.

    I think I just figured out what unnerves me the most about baccarat. It's the same thing that has kept me out of the live poker world.

    Obviously, some people make money playing both. Since random chance can swing to such a degree that even bad players win--when one wins how do they know they were supposed to win and that it was the result of correct play and not dumb luck?

    I don't like winning unless I know why I won...

    I DO NOT EXPECT AN ANSWER.

    This is my mental issue and I'm well aware it has held me back from a ton of profitable situations.

    I was just sharing one of my flaws. Yes, I have more of them:)
     
    Last edited: Aug 26, 2021

  15. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Kilroy liked it too.
     
  16. Lungyeh

    Lungyeh Well-Known Member

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    Frank, its a simple game. Dont overcomplicate it brother!

    Leave the grey matter to ponder on more important things in life. But then again, one may ask - What is more important than baccarat? Lmfao.
     
    Punkcity and judge like this.
  17. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Verdict : Do not marry any f.... casino game .
     
  18. Jimske

    Jimske Well-Known Member Founding Member

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    I didn't do more with JAE’S method. Mainly because I'm not willing to spend long hours in the casino. Many of which would be sitting and doing nothing.

    I do think and that OG is a viable message given enough bankroll and table limits. I ran my test using another bet selection and got good results while playing every hand. It does have an Achilles heel like all methods but I think the risk of ruin is pretty low. Which means that most who tried it would end up being in the black before they lost their entire bankroll. Starting with a low base wager and working your way up like he did would be more risky of course.

    One thing that was evident was that while playing Banker only one could get deep in the hole even in shoes where Banker was not that dominant. Because sections where there is a lot of chops the wager increases requiring a lot more Banker wins in a row to resolve. This then is the banker style Achilles heel.

    Waiting for extreme disparity between banker and player would be ideal and might make risk of ruin nil. Unfortunately that wait might be impractical.

    In summary for me if I wasn't already winning pretty much every shoe I play I'd probably give it a shot.
     
    judge likes this.
  19. Punkcity

    Punkcity Well-Known Member

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    This can be answered, enough posters here would be able to give you a “ guesstermate”

    The question is this , is it a small business topic or should it be moved to a “ Frank asks” new thread ?
    Up to you lungyeh, your thread
    Cheers
     
  20. Frank Kneeland

    Frank Kneeland Active Member Lineage to Founders

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    I think you can leave it hear as I expressly stated I did not expect an answer. Therefore, "not a real question".

    My main goal was to give you insight into my thinking process and empathy for my mental condition:)

    Even being kind to myself and obviously biased because it's me I am talking about, not being willing to engage in activities I can't reduce to a four digit fixed probability is probably not a good thing. I'm clearly over-cautious. "Yellow bastard" would be a fair term...
     
    Last edited: Aug 31, 2021

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