Baccarat Baccarat - the best small business

Which one is preferred? 1,2 or 2,1.... Both if won -3, but have different impact when lose...

If the 2nd bet lose, one will have -1 other +1...so it's +/-

I prefer 1,2 since I'm not that good in guessing LoL....

Is there a stats on the right choice on first bet? Doesn't the fallacy say you will have more L than W?

 

One of the best topics on gambling I read in years.

Thanks all

B

 

5) In real life business, if you are a sole entrepreneur, believe me you have to eat, sleep and breathe your business. 24/7. The wife be damned. She has to support your dreams, have to love you more than you love her for the duration of the establishment period. Blessed is he who can do it without these criteria. At least until you are firmly established. Ditto if you are starting on a baccarat business.

6) In business, it is often lonely when you are starting out. You make the mistakes, you walk alone. You make the money, you can find plenty of “friends”.
The smart business person (Read:- Baccarat player) learns from his mistakes. The stupid one never learns. The great one learns from mistakes of others. Saves the time, the money and the worry.

7) The old money in business or in investment are always at peace when they have to put up their own money. One should learn from them. Make a bet only if you are >50% confident, 60, 70% even. When in doubt, dont bet. The next hand is less than 3 minutes away.

Sometimes during a hand, one feels disturbed, lacking in confidence. Just know that you dont have to bet every hand. Just like in business, you dont have to do every deal. Or in investment, you dont have to make an investment every time you hear a pitch.

 

I prefer, 2, 1, 2 .... to at least establish to some extend that we are not in the Neutral Phase...

 

The business metaphor of 24/7 may be easily misunderstood so let me clarify. What I meant was if baccarat is to be a business, you have to be fully concentrated on it. Not that you must be in the casino 24/7!! Actual gaming time should be restricted to 4-7 hours. Need time for preparation, to review past sessions, how it could be improved upon, rules and regulations to impose on your Chimp, peaceful meditations and whatever else that can prepare you for the tough battle. Unlike most other businesses, whether you profit or lose in Baccarat is entirely dependent on you and you alone.

 

Thank you Blacksmith. Contribute to the thread? Do you agree on the Chimp analysis?

 

So get better at guessing. Just do the math. You will get twice as many first try wins as you will get two wins in a row. That's basic probability arithmetic.

So look at this and use it. You don't have to connect the sequence continuously back to back. You can interrupt the parts. I go to a casino to win three net wins and then that session is done. If I can fight for step one at ( 2 ), most likely flat betting, then I can eventually win that battle to win that first net win position. So I fight for that first step. I then decide to try for the second step at (1) all along knowing that I now get to fight the last battle at flat betting rate of just ( 1's ).

I do try to run this as a business. So I know as I build up my bankroll I will eventually have enough to become a millionaire if I can just play for $1000 in winnings per day. I explained that somewhere with USA IRS rules used to calculate the plan. For me I will need to get to $30,0000 per session and have no fear of losing it. I expect to have enough maneuvering capital to never lose that bankroll. Most businesses fail because they are under capitalized at the start. All it takes is a perfect storm and they are done. You must have enough room to weather the storm.

 

I can vouch for that. In the days of Reading Randomness as a game using 24 to 26 numbers, ( the double dozens / double columns ) and more groupings from the inside sets, I would be prepared to play for 8 to 10 hours per session. I did this for more than two decades. After a ten hour session of searching through 6 unique groupings for a positive looking trend or pattern I was fried. If you have ever run a business of your own and done your own tax forms each year you know how fried your brain can get. A ten hour session like that can blow most of your ability to concentrate for days if not a full week.

I know this is all about Baccarat. It's the same if your game is Craps or Blackjack too. You can even just play the Red / Black only in Roulette. This is less to focus on. But you can spend more time on looking for cleaver connections in the trends or patterns while looking at one grouping. I play for three net wins and out just to keep the sessions short. I stop almost all sessions if they are just an endless grind that won't let me get that last net win. LY suggest taking breaks. That is just as important. If you plan to gamble the next day then you must save up for that in concentration power today.

 

Whilst I agree that for some businesses, having a certain amount of capital is necessary to even start. For example if you are starting a factory and the equipment necessary will cost say, $10 million. Certain investments, big ones would then be required.

If one starts a trading business, the capital required would be much smaller and to save, the entrepreneur can start from home. For the really enterprising guy, he could somehow close a sale get a deposit to pay deposit to purchase thereby negating the need for any fund injection. Truth be told, I have seen many such instances.

“If you want something badly enough, the universe will conspire to make it happen” Paulo Coelho

The title of this thread is that Baccarat - the best small business. It allows one to start as small as he wants to be. Slowly accumulate the capital. Like all businesses, there are strategies when one has just started and as time goes by and one grows, different strategies come into play. If ideally you feel you need 30k to play your normal game, do you wait until you can get your hands on 30k? If it is not 300k or 3,000k, one can achieve 30k by starting small. I have repeatedly said, if one cannot handle small money, what makes you think one can handle big money? Start small. You had your chance with a few k. Some would have made the best use of that chance.

Let me tell you a story of a young lady entrepreneur who started on an online business. She was doing quite well and won awards with cash prize money US$125,000. And government grants another US$125,000. Plus profits from her business she went to bigger ponds. She started to open brick and mortar shops to supplement and support her online business. Investors shoved money to her to expand. With the pandemic all her B&M shops suffered greatly. She started complaining about having more money will solve her problems. Nobody paid attention to her. If she wasnt flooded with money she could have stuck to her online business model and continue to be profitable. Instead with more money she began to think she can do no wrong. She is struggling now ut I hope she pulls through. It happens also in Baccarat. When one wins too much too fast, the Chimp also can surface and oftentimes one thinks he is God and then the lessons come fast n furious to humble you.

 

I played scared. The trips cost from $300 to $500 and I used too small of bankrolls at a time. I tried to win with double dozens that get hammered real fast if you don't jump off quickly. This was in my gambling period where I would foolishly allow myself to drop deep into my session bankroll. I was hunting for the massive win streaks. I had taught others to do something close to the same. In a way I had my own version of the chimp to deal with. Something had to change. It did too. I was ready to give up. But something came along that got me to thinking all about Even Chance bets again. I remember back in 2006 to 2008 I was working on EC's with Spike, another trend player that kept everything he was doing a secret. I could sit for hours with just one stack of $5 chips and just keep playing. It would go up and down without getting very far ahead or behind. I had the experience to work on the up & down waves. As I said before. Someone here recommended a video on trading like a casino. That logic is where the current state of Reading Randomness comes from. There is only one thing holding me back. This virus can't last forever. I have not been to a casino since last December.

My new business strategy is to play two sessions per day. I already have capitalization for 30 times my base value bet to double my cost of travelling in a day. So all I have to do is work my business plan. There is no more digging deep into my bankroll hunting for the super win streak anymore. There is not allowing myself to get tired or bored. These are rules that must be used and kept. It's how I stop the figurative "chimp" from getting control over me. I quit when I get to 3 net wins. I have to. 6 net wins a day at $5 chips is a little over $500 per day in earnings. That easily covers the costs and builds toward that $30,000 to $40,000 bankroll goal. I want to play with $25 chips.

On a note about doing something like this as a business. You can't start very many businesses with $3,000 to $5,000 and be in profit right away. And to take that startup capital to $30k to $40k in the first year sort of even blows away any stock trading guru by miles. Doing business with Baccarat is very good if you are very good.

I needed to figure out what was wrong or stop. I found that a rigid set of rules is what makes it possible for me. So I must play with a rested clear mind. I must get out on the first wave upward. I know that I will succeed if I stick to my plan. I built a real-estate development company from nothing and signed all the checks. I was burning thru $100,000 per month. I know how to grow and stay in control. Playing the trends and patterns taught me to not lose control by experiencing the loss of control and losing.

Skeptics like to use this openness about myself against me. I'm one of the first poly extreme athletes in the entire world and have mastered many deadly-consequences sporting skills. In every one of these skill I started out as a worthless nothing with no abilities. All I had was knowing that if I never gave up and earned each step to getting better that I would one day hang out with the best in the world. It's why I like your thread here because you are talking about what is hard to accomplish in gambling. Everybody likes to see if they can find the magic system. There is one too. Get off your butt and become an expert experienced pro. Do whatever it takes to master the skill of winning. Find out what your weaknesses are. Prove it to yourself. You are the only one that matters. and... HAHA!, tell the wife to take a chill pill.

 

Wow... I never played more than 4 hours a day combined....

 

Great advice.

I real-estate development you can grow from a small business into a big business. I've seen this before. You can design and build three houses a year or you can build 10 or more houses a year and succeed. But you will struggle if you try to build 6 houses per year. The small business is where you take multiple skills and do most of the work yourself or with just a few employees and sub-contractors. But to build 10 houses a year you need almost all sub-contractors. You are busy enough with house plans, county approvals, bank loans, inspections, customer services, and closings with the title companies. There is a place that is like a no man's land. Once you get to five or more homes per year your little crew method can't work. So you have to grow correctly through those 4 to 10 homes per year. I've seen many builders mess this stage up. All it takes is a decline of the real-estate bubble and the law of diminishing returns comes to get you. So I would grow at a speed that you know you can't get killed off at. Reading Randomness is all about dealing with losses during a session. It's a skill. It's worthless if you don't stick to it.

 

In Baccarat I have adapted Lunyeh`s 7 step 2-1-2 HPB series.



Play at your own risk.


N D

 

Yep, this is pretty good.: 2, 1, 2, 2, 3, 3, 4

 

So it specs out like this I think, if I did it right?


bet 2 / on win take off 3 net value = +1

bet 1 / on win take off 0 net value = +1

bet 2 / on win take off 2 net value = +3

bet 2 / on win take off 1 net value = +4

bet 3 / on win take off 3 net value = +7

bet 3 / on win take off 2 net value = +9

bet 4 / on win take off 0 net value = +17

 

Just flat bet at 2 and you get 0, 2, 4, 6, 8, 10, 12, as the results

So if i compare side by side:

bet 2 / on win take off 3 net value = +1 --- 0

bet 1 / on win take off 0 net value = +1 --- +2

bet 2 / on win take off 2 net value = +3 --- +4

bet 2 / on win take off 1 net value = +4 --- +6

bet 3 / on win take off 3 net value = +7 --- +8

bet 3 / on win take off 2 net value = +9 --- +10

bet 4 / on win take off 0 net value = +17 --- +12

I like flat betting at 2 better.

 

Ya, I think flat betting at 2 looks good but from the point of ‘to be more certain we are not still in the Neutral Phase’ perhaps

2, 1, 2, 2, 2, 2 ,2......

but 2 all the way is good.

 

But I will still stick with 2,1,2,2,3,3,4 in the event of feeling bullishness. Again, when you are hot, you are hot and DARE TO WIN!!!

 

That actually might be my poison pill.

My first time I climbed a big wall in Yosemite I did the Royal Arches. It just has 15 pitches so you can do it in one day if you keep moving. There were two of us. We both did a few full pitches without using any protection on them. When you're hot you you're hot. Believe it or not you can get that comfortable with your skill. I always need to stay on guard and use all my wits to stay focused when it comes to gambling.

https://www.mountainproject.com/route/105862881/royal-arches

Here I am after that climb:

 

Lungyeh yes I agree on the Chimp analysis he strives with no rules and its also applicable in our daily life.

In a short time when the chimp is free there can be some profit but in the long term he is a loser.

Kind regards

B