1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice
  3. Discussions in this section are assumed to be EV- as they are outside of the Advantage Play section. For EV+ discussions, please visit the Advantage Play section.
    Dismiss Notice

Baccarat Baccarat - the best small business

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

  1. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    Track down the slutty reference in the stadium thread I believe it may answer some of the above. I can’t remember off hand the post number nor the page think around 5 or 6 th page. There are layers upon layers that go into making a semi/ full professional player and sometimes posters don’t always list in the correct sequence, the true 1 to 100 rules in chronological order. As hard as it may be to understand sometimes but really it’s about time, and experience. Some try and cut corners for you the readers to help you with not spending the time they spent to get to a particular track of thought or perhaps a method that seems to work for them.
    I will reiterate once again for some of you that struggle as an example go to gizmotron thread re the book and course, page two and read what the one arm man did to learn something, he cut and paste etc. old days we would ear mark pages put lines under sentence or stars , hash tags , or red circles etc. to gather the information that resonates with your self and condense it to be understood by your self.
    Cheers
     
  2. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Sure thing. But the stadium baccarat in MBS is wholly live dealers (around 4-5 tables) and max bet is S$1,000. Minimum is S$10, 15, 20 depending on tables. I would be pleased to host you if travel restrictions and quarantine procedures are all over by then. Right now if I travel to Spore, I am quarantined there for 14 days and on coming back quarantined another 14 days in Malaysia. But they change the rules all the time so.... Cambodia is also ok if at Naga.
     
  3. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    Thanks, very kind, but quite awhile before I’d be completely satisfied with airline, will keep you posted. Cheers
     
  4. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    More than likely - it was me. I used way to low of an attack price for the higher bet. I tried to stay alive with an almost flat betting style. I also let greed and fear take me out. Now you haveyour report.

    .... There could be a clause that the investor must take an interest in the activity.

    The above from another thread.

    ——————————————————

    @US$5,000 gone. And a 3 sentence report. When I asked for a report then, there was a retort that I am sitting comfortably at home while that guy was the one doing all the work. After all the money was lost. So his expectations was that I have to take an interest. In what manner of speaking? Firstly, in his whole lifetime before and since, I would be surprised if there was another person who trusted him that ever gave him money.

    And what say you guys to a 3 sentence report years later and a condescending retort then at that time that he is doing all the work and I am doing all the sitting around.

    I used this as an example to my son. In all seriousness, I tell him “Son, if you ever take money from people other than yourself for a venture, be it $1 or $100 or $1,000 or $100,000 or $1 million, do a detailed report that can justify the faith of the person who gave you the money. If you are not prepared to be accountable, dont ever touch OPM”.

    OPM - Other People’s Money.

    I didnt ask for a public revealing as to who. I was just trying to explain why it wont work. Since its now in the open, you are free to analyse and see whether funding other people to play is at all workable.
     
  5. gizmotron

    gizmotron Well-Known Member Founding Member

    Joined:
    Jan 1, 2015
    Likes:
    3,040
    Occupation:
    Retired
    Location:
    The West Coast of USA, RV'ing
    Years ago I did not know it was "scared to win" or lose for that matter. And back then you knew how to gamble, "chimp" and all. Now you are here trying to tell the world how gambling can be a business. You never got screwed in business? You should try being a building contractor building custom Turn-Key homes for doctors and lawyers. You came to me with the money. I did not come to you. And you have changed dramatically, I can only guess why. I get the feeling that money is very tight. I don't know what it is but you might fill that need here on these forums. I'm just glad that I came clean in front of the whole world. You were the only person that ever offered me money to gamble with. Sorry that I fucked that up for you.

    "I used this as an example to my son. In all seriousness, I tell him “Son, if you ever take money from people other than yourself for a venture, be it $1 or $100 or $1,000 or $100,000 or $1 million, do a detailed report that can justify the faith of the person who gave you the money. If you are not prepared to be accountable, don't[sp] ever touch OPM”."

    That's a laugh. It's just a lame guilt trip. You never required a detailed explanation. I know. I have all our correspondences. You never demanded an explanation beyond the one that I gave back then. We never discussed "scared to win" as the reason.
     
    Lungyeh likes this.
  6. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    From a failed gambler to a forum writer speculating about my financial position. Sigh! I really dont mind if you wish to publish all my correspondences to prove your assertion that you never solicited for money; AT ALL? After your initial immediate wipeout? Your long long theory and software and program touted to be failed proof but ending a sure failure.

    It would also show I never ever demanded a detailed report from you and my point was if you lost the money dont blame me for not doing anything and saying you did all the work. Then. It felt like ‘You gave me the money. I dont owe you anything. Its your fault I spent all the time and effort gambling and losing and you did nothing’.

    And then you write a 3 sentence ‘report’ years later. I was just writing an article relating to asking people to gamble for you without referencing to you. I have already asked you in my private emails to move on. You chose to identify yourself.

    Even as you promised me many times you are giving up gambling and giving up writing on the forums.

    I really dont want to waste my time engaging with you directly on a small matter in your pitiful past. See my posts again and see whether I identified you before you answered and insinuated nonsense. I really wish you well and wish you will get your money and prove you are now a better man (as the song goes)
     
    Nathan Detroit likes this.
  7. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    As a serial investor and serial entrepreneur, a person taking risks all my adult life, I have been screwed several times. Its frustrating and sometimes one can feel believing in the goodness of man is futile. So when you are screwed, you become wary about doing the same thing in future. Thats it. I dont live in the past. I may bring it up occasionally as examples in certain settings. As we should not forget lessons from the past. So long as we dont dwell in the past. $5k, like I said, is like a foot waddle in the pool. But we must always respect money. Big or small. I have been screwed for much more than that. But it doesn’t legitimise the guy who screwed me for less.
     

  8. soxfan

    soxfan Well-Known Member

    Joined:
    Dec 29, 2016
    Likes:
    825
    Location:
    FrozenTundra
    The Lung-Yeh is a shrewd and serious cat so can't comprehend why he would ever stake a nutjob, coconut, retard, scammer p.os ike the gizmotard. It ain't make no sense to me, hey hey.
     
    Nathan Detroit likes this.
  9. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Soxfan, sometimes in my life, I hear sob stories and I yield. And often, I am disappointed.

    I take consolation in the fact that there were worse situations but I survived. Hey hey
     
    Nathan Detroit likes this.
  10. gizmotron

    gizmotron Well-Known Member Founding Member

    Joined:
    Jan 1, 2015
    Likes:
    3,040
    Occupation:
    Retired
    Location:
    The West Coast of USA, RV'ing
    Life has it's curious moments. Take you for instance. You have publicly rejected Reading Randomness.

    Lungyeh just recently offered me a $2,000 line of credit to play online at some casino there in Malaysia. I told him it was my chance to do the right thing back on Jan 8th, and to donate it to an orphanage. I'm sure that Glenda is around here somewhere. Maybe it's me. Maybe it's you.

    Hey is for horses.
     
    Last edited: Feb 20, 2021
  11. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    I am sorry. We seem to miscommunicate all the time. Its a free credit of RM2,000 for an online casino. Its not real money. Its available for anybody who signs on. I wanted some feedback n I asked a few people to try it out including my secretary. Lmfao
     
  12. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    Craps my bad the Sluty day reference actually starts at post 66 then continue for a couple of posts after that , page 4 on let’s play to win thread of I consistently found a way to win at baccarat ,
    Cheers
     
  13. gizmotron

    gizmotron Well-Known Member Founding Member

    Joined:
    Jan 1, 2015
    Likes:
    3,040
    Occupation:
    Retired
    Location:
    The West Coast of USA, RV'ing
    I see where you suggested free. That was clear.

    But later you said this:

    "I just want you to evaluate the site and let me know what you think. I can arrange the funding if it makes sense. The last I heard from you, you would be better off accumulating your capital. So I am not suggesting you play your own funds. "

    That was clearly when I said give it to an orphanage. But now that I look at this I see your point.
     
  14. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Move on Giz. In life, I have met people who deserves a helping hand and more that I thought deserves but obviously do not.

    You would be amazed with what some get away with and turn round to give the narrative that ‘I did not ask for it.’ The sad thing is that people like these would deny the assistance to really deserving cases.

    Some (I am not identifying it as anybody in particular so no need to respond as if it is personal and we shouldn’t be discussing pitiful or spiteful circumstances in public)), they paint a life of misfortune that can tug and pull at heart strings, where they profess a love of God thrown in, a life of mobile homes and coping with mental illnesses. I have learned and learned to be hard; believe me.

    I also learned that people write all the time with only their imaginations of their winning strategies. Its not real. They pronounce they have got the casino beat based on their data but in reality they have not made any bets on their theories with fanciful names. Yet. Maybe they are hoping for a sucker like me. Worse if they are going to use welfare monies for a speculative casino trip.

    They look for students they say pay them for guidance. I seriously doubt so. I really wish it is true but I doubt so.

    In truth, some are looking for suckers like me (once upon a time but sucker no more after being suckered).

    I have experimented naively. For sure I have but I console myself; its my own money. I have also given to a person who was doing charity work for kids because he asked. Some people talk about donating to orphanages with sarcasm when in truth they depend on welfare monies for survival and maybe squeeze some for the casino. The things people would do for baccarat. Remember my anecdote that if a baccarat player was told about his house on fire, he will only arrive back home after the fire engine has arrived and done its work. Because baccarat is more important and he couldn’t do anything the firemen can do. Such degenerates. They form in their sick minds new and newer strategies every time they lose. They scheme to get money and lose some more. And they come out with newer strategies. Again. And so the cycle begins over and over again. If they cannot get a sucker (be it people on the internet or even family and friends), they will use their welfare money. If that fails, they write with imagination. In real life, I have met people who have lost everything and given me a sob story for bus ticket home. One was a pretty Vietnamese lady 8 months pregnant accosted me for taxi fare as it was really late and no more bus or MRT. She offered me her wedding ring for S$40 and she said she will redeem it the following day. She said she trust me and the ring is worth at least S$500 she said. I took the poor lady to the casino limosine and used my free car entitlement to send her home.

    Another was a fellow Malaysian I met at my favourite noodle shop I go to whenever I wanted something of a streetfare. They deduct the points so in actuality its free. So this guy also gave me a sob story and how he is stuck in Singapore and asking for S$100 to go back. I gave him the money and later saw him betting again at the tables! He saw me and muttered something incoherently.

    This is also interesting. Of a Sri Lankan engineer who met me in the VIP room and we got friendly over time. Then he told me he was working on a project that can turn water into fuel. So for a tankful of 1/4 petrol he can give an efficiency of a full tank. Over time he told me he was in Singapore to talk to government funders as Sri Lanka government was trying to kidnap him. Fascinating stories.

    One day he came to ask for S$1000 to fly off because he lost all his money and the Sri Lankan agents are after him. I gave him 300. These days he still keep in touch with me with stories he is running the factory live in Cambodia.
     
    judge likes this.

  15. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    In truth, there is no NEW holy grail. The winning modus operandi for baccarat is in the Money Management (MM).

    If one aims only for winning 1 unit per shoe and cannot do it, no need for the thousands of simulated runs. If you cannot win one unit per shoe or per session, please go find another thing to work on. If 1 unit per shoe can set you up comfortably meaning your unit bet is relatively big, then baccarat is your game.
     
    Punkcity and Nathan Detroit like this.
  16. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    There it is ,the myth exposed YET AGAIN, but still people persist in making it rocket science.
    I have always advocated running this as a business, you in your own way provide a thread to discuss this, numerous posts by a few all saying the basic information in different ways, one unit profit is all you need to be a successful person. You can use business principles to build your own unit size, you can be that sole trader.
    Unfortunately 1 unit is not enough in people mind because they don’t realise the value of a $1.
    Many $1 means something but to most it’s just a dollar what can you buy with that ?
    As stated we need them “not to understand “ it just makes it easy for those that do understand what this thread is about.
    Rocket science lmfao
     
  17. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Way back before I was married @35 years ago, I was recruited to work for a small local supermarket chain which was embarking on building the largest local private shopping centre then.

    In one of my private moments with the boss and owner, he told me his business is built on cents; that provided the foundation for his millions. We successfully launched the shopping centre and he has not looked back since.

    When I left his group @ 2 years after the launch and started my own business, he advanced me 200k. That was 30 years ago. Today, he is one of the more established businessman in our locality. Horse breeder as well.

    He imparted many words of wisdom. For our situation, remember its the cents that make the millions. And Baccarat provides one the opportunity to grow one’s capital. And thats why its the best small business. And it has no place for those who profess they dont have the time nor discipline nor humility for the cardinal rules espoused in this thread. Like I said, there are cheaper forma of entertainment than baccarat.

    Be guided accordingly
     
  18. soxfan

    soxfan Well-Known Member

    Joined:
    Dec 29, 2016
    Likes:
    825
    Location:
    FrozenTundra
    Gotta disagree with the Lung-Yeh on this one. I used to believe firm that mm or rather a robust progression like star or somes variant was the key to winnin well and regular. But, after my extensive bets fat test I come to underfAnd yes, it is still possible to winstand that bets selection is KING, baby. And yes you can still win using a serious robust progression with a strike rate less that 50 percents, but it ain't optimal, hey hey.
     
  19. Punkcity

    Punkcity Well-Known Member

    Joined:
    Mar 31, 2020
    Likes:
    1,287
    Occupation:
    CEO, manager of sublease my account name.inc
    Location:
    Troll tag team one accounts head , Skipptophia.
    I replied to 1unit profit which to me is my simple mm as a flat bet style, to me that is the demystification of of the simplistic game of baccarat.

    But

    Paramount to me is bet selection, as a flat betting mm can leave not much room for error , the slack for me must be addressed by my selected criteria of a return of 51-53% minimum .

    So in saying the above in this post and previous post if I was to put a weighted average on the two discussion points MM and selected criteria , the foundation of what I do is hinged on a rock solid flat bet as a ingrained second nature by now ( for me ) and would attribute 25% importantance but the bulk of the weight for me @75% is selected criteria.
    I understand various posters and readers will disagree but as a pure flat betting protagonist I have to rely on the selection.
    The progressive and Marty player must use the MM as the most important weighted aspect of the method they employ and probably weight it at 90% as opposed to the selection criteria. They are using the shear force of capital to regain the disparity that a weak selection criteria causers them .
    To each their own and should be no argument if one identified to which field one belongs and recognise that as their prerogative. Cheers
     
  20. Lungyeh

    Lungyeh Well-Known Member

    Joined:
    Sep 13, 2020
    Likes:
    386
    Location:
    Malaysia
    Noted your postings gentlemen; Soxfan and Punkcity. Many ways to prepare a fish. Many ways to play football. Whatever works for an individual.

    Having said that, I do believe I have a reasonable bet selection methodology so to me, the MM is the crucial decider.

    Let me give a business analogy. A person wants to set up a hardware trading company. For him to come to the decision, he must have acquired the necessary exposure and experience in hardware trading for him to even contemplate starting such a business. He would know the customers, the suppliers, the costings, the selling price etc.

    In order for him to even start, he must have the core values of experience and exposure etc in that particular trade (the bet selection skillset). For him to ensure sustainable success and continued growth he must be supplemented by good administrative support and financial management. This is the MM part.

    One cannot be without the other. But from my approach, the bet selection is a pre requisite to aiming to make it in Baccarat. To support this aim, money management skills are required.

    Peace.
     
    Nathan Detroit likes this.

Share This Page