Baccarat Baccarat - the best small business

Didn’t Gr8player commit suicide because of his losses or am I mixing him up with another Baccarat player? Hard to keep all these guys who can beat the math straight. I believe either MDawg or Christopher Mitchell are currently the worlds best two Baccarat players.

 

Not sure who you might mean but things tend to live forever on the internet. Gr8player did not commit suicide and is around here from time to time.

 

Hi LY;
I have had the pleasure of reading your book, thoroughly enjoyed it and look forward to discover your progress. Welcome aboard.

 

I had to look it up, it was reported (rumored) one WoV a while back. Glad to hear it isn’t true.

https://wizardofvegas.com/forum/questions-and-answers/gambling/13836-can-anyone-make-a-living-from-gambling-baccarat/32/

 

gr8player posted on August 13 2020 .on roulette forum Reading Randomness .

 

Ordinary: The problem with BS method is...sometimes it works and other times it won't..... I dare to say that's the thumb rule no matter what the method is...

Having too may theory would also mess up your mind.... You'll be titling between method A and B and in losing phase.... you'll always choose the wrong method....

5+ LIAR is common to happen...but if you aware that losing phase is exist, and you might be on that..... Won't it be wiser to stop play for a moment?

I agree MM is crucial...but I more interested to how win big when you have the opportunity, and lose small when things get ugly...

 

Christopher Mitchell is currently world's best bac player? Oh wow... LoL

May I ask why you think so? Because all the winning he showed in his YT channel?

 

Seeing him (only) winning $13k due to 13 straight chop-chop made me think he's just a regular players...

But he surely know how to speak...

 

So, in my humble opinion, Baccarat is the best small business. The key to winning is to treat it as a business. And as in business, there are certain principles that successful business people adhere to.

Firstly, we have to treat each trip to the casino as a working or business trip. It cannot be a jolly devil-may-care all or nothing pleasure trip. The latter is for the 99% statistics. For those biblically inclined, there is no situation in the holy book that forbids gambling. CCC 2413 a Catholic Church pronouncement went further to acknowledge that gambling is allowed for so long as many conditions are met ie its not excessive, no harm is done et al. And more so, if you are working on earning a supplementary or even foundational income. Its an honest income based on the most excruciatingly challenging conditions.

In order to do that, we have to approach a gaming trip holistically. Remember, the casino is a team. Dealers changing, supervisors overseeing, managers managing, security guards, cashiers, back room operations. The whole works. You are going there alone. So the odds are stacked against you even if Baccarat is nearly a 50:50 game.

So, we have to apply certain rules in our minds to even up the terrains of battles.

 

Good to see the lungyeh makin the scene, just like old times. And yes the baccarats is an excellent business if ya got a winning style and if you treat it like the business. What other business can you start with 20ks initial investment and profit 150k in first year with opportunity to re-invest in bankroll and make larger profit going forward with increase base units bets, hey hey.

 

Hello Soxfan, Jimske, owenslv, Garfield, Gizmotron and everyone else. Trust all is well. This pandemic is causing havoc so taking some time off to relax and write on my favourite subject - Baccarat.

People talk about patience and discipline to win at the game. Sit down and ponder. My take is that you have to have peace. You cannot have patience without having the peace in you. You cannot have discipline without the peace in you.

When you are at peace, you have the patience to wait for the trend or randomness you are good at. When you are at peace you have the discipline to stop when you have to.

All the major religions have peace as a central theme. ‘Peace I leave with you. My peace I give to you’ John 14:27. The Jews greet each other with Shalom which basically means peace in Hebrew. The Muslims say the same.

While my articles are not meant to preach, I am drawing parallels and analogies to emphasise certain points.

in essence, in addition to your own bet selection methodologies, the important money management strategies, there are other factors that will determine whether you win or lose. My suggested MM will be revealed as a coup de grace later but remember to please tweak it to suit your own personality.

And please brothers, ‘BE AT PEACE’

 

Betting flat only so no MM, just sit in yer chair and put 1.04 units profits in yer pockets for every shoe you grind out. It ain't rocket science, baby, hey hey.

 

Cool Soxfan. Unfortunately most, like me are not so good at the hey hey. It would seem you are one totally at peace. Stay blessed.

Some believe flat betting is the way to win as some will defend negative Martingales or positive Martingales and everything in between. While that is also part of MM, the more important, nay, the most important part of MM, is determining the stop point when you were winning and then starting to lose ie when the tide turns on your bet selection strategy. When for eg, you were winning with a strong trend when the next bet onwards everything is random and topsy turvy. Or you are winning on all random bets when suddenly the results turn into a dragon run of 10 Bankers and you keep betting on a chop. Wait for the coup de grace...

 

I had a notion that this was going to be thought provoking.

You have identified self control methods that empower you. I had to do the same thing. I nearly gave up until I looked at a video on stock trading. It made me search for the bigger picture of positive and negative waves in the progress of a session. But there is one other thing, and it is in regards to your mentioning of peace of mind. I get fatigued when playing long sessions and looking for the super win streaks that come and go by coincidence. I'm done for days after a long session. I go thru so many ups and downs that it acts like a temporary form of mental torture. I can't go back to what I would consider peace of mind state.

But I have also discovered that I can do very small sessions with only about 20 to 30 spins and get my strategic goal of three net wins. Sometimes it only takes ten spins. These very small gambling sessions tend to have no effect on my concentration and focus. I don't get temporarily fixated on a trend or pattern type. So it's easy to move around and find the working trend for me, a nice feature of Roulette.

So if I were to try to explain this I would say it is like the Tortoise & the Hare. If I get a quick enough win at a very low win stop point then it has no effect on me about concentrating while in a next session. In fact I can do two or three session per day and play every day. This is my attempt to relate to peace of mind. When I try to play a long marathon session and get to that super win streak then I'm all messed up for many days after that session.

 

Spending time without betting is doable...but running through a few hours of ups and down with only breaking event, might ignite the chimps....

 

In actuality, what you are saying is totally true and at the same time emphasises ‘The race is not to the swift nor the battle to the strong .....but time and chance happen to them all’.

Whether you win or you lose is dependent on your chancing upon a good shoe that is churning out results in accordance to your preference and you have the peace and presence of mind to do the necessary.

Yes it could happen also that you are a highly skilled baccarat player at peace with himself and able to last through a nasty period of ‘shar chi’ and then pressed fully in a Hot Phase and win emphatically.

In Baccarat every decision made must be of the Type 2 ones ie those that are important and need to be made but if wrong, can be reversible or damage made is minimal. Type 1 decisions which cannot be reversed if it is a mistake should never ever be made in the casino.

But even if you make these Type 2 decisions it should be done carefully and after much thought and consideration. I m classifying it as Type 2 to demonstrate that it should be made without pressure, made at peace. It doesnt imply that you can simply make a B/P decision and never mind if you lose because the consequences can be reversed. On the contrary, stupid decisions made in haste has a way to accumulate its effects to devastate you. Thats because one has to respect the value of money.

We never know the value of water until the well is dry.

 

L-y, The way I see it your book shall be well received .


Nathan Detroit

 

I fully have that peace of mind that comes from knowing that I can assess the current phase that is occurring from my bet selection choices. I defund anything that is not forward and positive in progress. In fact I consider the only option to drop back to the minimum bet allowed after every lost bet, unless I'm attacking, that's a fully funded bet, the singles on the weak side. It's the only pattern that does not have two losses in a row. That pattern begins to show signs that it is no longer perfect and is beginning to break down. Sometimes it will be a blip on the screen and return to the pattern of singles on the weak side. So I'm ready for that change too.

This is my comfort zone and what works for me. Everyone is different and has their own tolerance for how they can stay out of the holes in a session that try to get them. I know that must be true. It's easy to play a style where you are just watching for the strong side / weak side in a shoe. You can play the waves without abrupt actions. But I believe that you must bet a smaller amount when ever the phase is not in your favor. Even the slow grinding downward direction should not be funded at the full value.

If you can wait comfortably for the better patches of a session to come to you then you can change the mathematical expectation that is expected from having a slightly larger number of losses that the casino has as an edge, be it a percentage owed or zeros on a wheel. You do this with two different costs for flat betting, if you can allow that to be flat betting.

I have proven so far that some people can't allow two different flat bets to count as flat betting. They insist that it's a progression. They also insist that you can't know or identify the difference between a win streak or a losing streak. But mostly they try to win that disagreement on the fact that you can't predict when a win streak will start, how long it will last, and when it will end. I point out to them that this is true, that you can't predict when things will specifically happen and that math and statistics can't predict these things either. Yet they tend to give probability an absolute conclusion that you must lose half of your funded bets as the math suggests.

But I have programmed and trained skilled people that are proving that what you must lose by their standards is just not true. They are successfully targeting the hotter phases of a session. I would say that they are attacking the support conditioned wave formations caused by their bet selections while they are in a positive upward phase, just like stock market traders do. They were trained to see these formations. They were given a construct that allows them to see positive phase formations. I gave them practice software to perfect these skills. But I never tried to teach them about the qualities of "peace of mind." I just suggested that they need lots of playing experience in order to get good at seeing things change from bad to good and back to bad.

I have found in life that the Bible has a lot to say about greed and impulses like "the love of money." It suggests that you will never be contented or happy if you are in a constant phase of wanting. If I just had this or that I would be happy. This is true while you try to find your way through every gambling session too. If I just stay longer I can get more money. If I just ride out this questionable phase it will turn to recovery if I just hang in there with the big bets.

This topic of peace of mind is at the very heart of winning at gambling. It's about having the power to control the actual edge that really exists. The casinos have you at the door when you arrive. They already beat you because you are going to feed them your bankroll during the coincidence of a bad streak. EC betting is nothing more than ups and downs. If you decide to bet against these waves of changes then you are way ahead when you walk in the door. But if you chose to ignore this then you are already wrecking your chances. I'm saying that along with peace of mind you must also know how to win.

 

Thank you Nathan. But the book may never see the light of day. Its in perpetual construct as I find new narratives to describe existential situations. And more importantly, I need a longer term validation of what I ‘preach’.

I have moved on to endorse MM over BS as I have spent more time observing the performances of 2 gamers, one trend follower (A) and one anti trend (B) prior to the pandemic lockdown; amongst other things. And one day A wins and B loses and another B wins and A loses and finally both lost.

I have personally bought 2 betting systems and both were disasters for me. Most systems are destroyed by the double horror. 2B 2P 2B kinds of result. The first system I bought I was so eager to test it out. Went on a cruise with a 100k credit line. Lost all within 3 hours following the system exactly and to compound the situation my handlers were asking me ‘Lungyeh, how could you lose? You should have whacked the shoe based on your old self’. God bless her.

Same thing happened on the second system I bought.

I understand Elis is still promoting several of his systems. He taught me one of his system f.o.c and I promptly lost. Maybe systems are not suitable for me. But I notice that this guy has several systems and its incumbent on you to identify which system should be applied for that particular shoe. Mmm. Smart.

So anyway, my conclusion on MM as the determinant coupled with trend bet selection is my choice. Been there done that. One fine day, I will reveal how much has been ‘invested’ in the production of this book. . I dont believe gr8 committed suicide for 250k. If by the same yardstick, I would have been dead tens of times. ‍♀️ So I am kept alive for a reason....

Some recovery of late but depending on my retirement age, perhaps validation can be achieved.

Stay safe and stay blessed one and all.

 

Maybe I will agree to the statement of experts saying you can't tell when something is going to start, how long it will last, and when it will end...

But the same experts won't know when a player will make bet...it might be on the start, in the middle or in the end too.....

Speaking of peace, playing online at home might have a slight advantage, where you don't get dragged into the hype of what others do...

Ps. smoking weed is helping hahaha...