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Baccarat Baccarat - the best small business

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

  1. gizmotron

    gizmotron Well-Known Member Founding Member

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    ...and those that have no clue what the difference between goodwill and the confines of human nature brings. Let them have good tidings as well. Hope for the best for all. ... especially those that have discovered the waves of Reading Randomness.
     
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  2. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Mark,



    On the topic "Even Chances percentage win rate" I have given reding randomness a good plug which was also worth a "like" by Mr. J .
     
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  3. gizmotron

    gizmotron Well-Known Member Founding Member

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    Thanks Nathan,

     
  4. Lungyeh

    Lungyeh Well-Known Member

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    Lung Yeh Law of Betting after a Loss

    “After a losing bet, the probability of the subsequent bet winning is inversely proportionate to the size of the subsequent bet in relation to the size of the lost bet.”

    For example if you had made a bet of 500 and lost, and you made a subsequent bet of 1000, the probability of winning is lower as your next bet size is higher than your lost bet size.

    The probability of winning is higher if your subsequent bet size is reduced to say 50 or 100.
     
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  5. Lungyeh

    Lungyeh Well-Known Member

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    Just my musings. Please feel free to disagree amicably.
     
  6. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Taking the L-Y 2 -1-2 HPB as an example. After a Loss return to the beginning of the 2-1-2.

    That is for the usual session play. If the win goal has been reach and the first appears then the session is terminated.

    If the loss happens to be the third one in a row the session is also terminated.


    ND
     
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  7. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    Mr Lungyeh,


    Wishing you a very Merry Christmas.



    ND.
     
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  8. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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    If the first Loss appears after the win goal has been reached then the session should be terminated. .


    ND
     
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  9. Lungyeh

    Lungyeh Well-Known Member

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    Merry Christmas ND and everyone at gamblingforums.com; and may you achieve all that your heart desires in the coming year. God bless.
     
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  10. Lungyeh

    Lungyeh Well-Known Member

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    5C09ECA3-6B75-450A-9708-BD6497A4A032.png

    Mary’s boy child, Jesus Christ was born on Christmas Day!
     
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  11. Terry Plumb

    Terry Plumb Member

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    Merry Christmas to you, Lungyeh, and to all the forum members here, peace!
     
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  12. Lungyeh

    Lungyeh Well-Known Member

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    Woh 2021! Trust everybody is far from Capitol Hill and safe ya.

    Start off 2021 with another Lungyeh Law.

    KISS - Keep It Short & Simple.

    Every session should be kept short. If you reach your win target (WT) early or exceed your WT and lost back some (according to my guideline, losing back 30% of wins or losing 3 out of the last 5 games), quit the session and get up and go away.

    And keep it simple. If you have to tear your hair out deciding what bet, P or B to make, just skip the bet. The next bet is less than 5-10 minutes away. And the casino will always be open (Covid notwithstanding).
     
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  13. walkingman

    walkingman Member

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    My brain will stop functioning after 4 hour so to be safe I only Play short time as my WT per shoe is only 20% that is my real experience in the casino. If my goal is to increase WT per shoe I may use purely Flat bet and SPRINT positive MM Combo then FADE away. Gambling is one half part CALCULATIONS and One half part LUCK.
     
  14. Lungyeh

    Lungyeh Well-Known Member

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    All is good walkingman; whatever works for the individual. I had drawn an analogy of a football team that wins on tiki-taka ala Pep Guardiola and a team that wins on fast counter attack ala Mourinho. Both have won countless titles.

    Warren Buffet makes his money from long term value investment. George Soros makes his money primarily from speculative hedge funds investments.

    Work in what fits you. To my mind, Money Management is the underlying key to walking out as a winner...or a loser.
     

  15. walkingman

    walkingman Member

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    Warren Buffet is my Idol. Because He is still earning while sleeping While ours is still fighting at the casino to earn Money
     
  16. Lungyeh

    Lungyeh Well-Known Member

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    Employee—> Entrepreneur—>Investor

    That’s the food chain if you follow the trail of money. An employee earns and saves and can become an entrepreneur. If the entrepreneur does well or he brings his business to public listing he can raise funds to be an investor.

    While the majority slogging it out in the casinos are either employee or entrepreneur, it gives them hope to accumulate enough capital to be an investor.
     
  17. gizmotron

    gizmotron Well-Known Member Founding Member

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    So many people don't bother to strategies "Luck."

    1.) What causes luck?
    2.) Can you see when you are being lucky?
    3.) Can you specifically use luck to your advantage.

    I have played for years and years and have had thousands of sessions. It took me a long time to stop trying to figure out how to best target trends. This is nothing more than coming up with a way to see many possible trends occurring simultaneously. That works for me and it is a done science. It's just a skill that allocates a bet selection method, nothing more.

    Once I began to relax about the comings and goings of trends I started to just look at luck.

    There are three conditions of luck. Your bets will go into a win streak for a while. Your bets will just break even and accomplish nothing. And lastly your bets will free fall and you will have a losing streak, "bad luck."

    So from all those attempts to overpower the lucky streaks, all types, I have come to the conclusion that in a 4 to 6 hour session I will see sometimes two but almost every session at least one lucky win streak phase that lasts long enough to gobble up any losses to that point and to go way ahead.

    I suggest leaving that session behind after you have reached that first win streak, as soon as it ends. Staying longer in hopes of hitting a second win streak can bring on fatigue. Fatigue can lead to bad judgment.

    So while you wait for that first win streak phase I would suggest making the exact same kind of bets that you would use in your bet selection process during a win streak. Just use that process at the least possible price, the table minimum.

    Once you enter the win streak phase use an attacking value for your bets based on your session bankroll. If it has too many losses in it then it is not a win streak. If that happens get out of it as close to even for that phase as you can. A real win streak will come to you if you just wait for it.

    That's what experience gives you. I use to play for 10 hours per session looking for many win phases. It makes no sense because most people can't get good at getting off the big bets as a win phase breaks apart. You start losing at the big price of your MM and you will undo all your progress or even worse.

    So you can specifically target luck. You just need to know when it is starting and ending.

    Most people treat luck as a magical effect of gambling. They know it when they see it but they almost never strategically seek it.
     
  18. walkingman

    walkingman Member

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    Gizmotron,

    Thanks for sharing the information with us, it was very informative.

    The More you know the more you know that you dont know the game of baccarat then that hesitation and doubt will come in. That is why experience discipline and practice is very needed to erase this problem .
     
    Last edited: Jan 8, 2021
  19. gizmotron

    gizmotron Well-Known Member Founding Member

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    OOPS! : "So many people don't bother to strategies "Luck.""

    that's strategize "Luck."
     
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  20. Lungyeh

    Lungyeh Well-Known Member

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    So I read a few of the threads with all the varying views of bet selection; patterns and randomness et al. To my mind, when making a bet, short of a coin flip, everyone must surely be betting on a certain bias. Whether he sees a trend, repeats ie FLD or alternates, OLD he will either bet it will continue or otherwise he will bet for the trend to be cut off ie he ie anti-trend. Trend or anti trend, the basis for his bet will be the trend. And like I said, I find it hard to fathom someone betting on randomness or flip of the coin.

    My position has always been yes baccarat is a game of randomness (especially if you take it across all games played at all baccarat tables at every casino) but there are situational patterns very frequently. These situational patterns may favour a trend player at one time or favour an anti trend player at another time.

    In order to uniformly address these differing points of views, let me call these bet selections, Personal Bet Bias (PBB). Whatever it is, streak, alternates, clusters, trend, anti trend, everyone has their own PBB.

    The situational patterns that happen in a game or session will favour a particular PBB at one time and punish a particular PBB at another time. As surely as the sun will rise. As surely as Trump has to leave the White House.

    So to walk out of the casino a winner, time and again, it all boils down to Money Management, in particular, the Loss Management part of the equation.
     
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