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On my 9th shoe of the day, had a really smooth run for most of the day, seeing -20 in every shoe we’ve played (which is rare, but awesome to see since that’s our trigger). Just finished our biggest grind of the day that took an hour and a half to finish out. Biggest drawdown -292 with the highest bet of 37 units.

and your day good sir?

 

Just woke up. Time zones.

Over at the other thread, I asked situations where you dont make bets because you mentioned you dont bet every hand.

Do you wait for -ve 20 to start at all times?

 

It would seem to me you do spend long hours in the casino? 9th shoe....

 

Jae, its intriguing. So with a drawdown of 292/37 you ploughed on? And ended up positive 1 unit for that series?

So you stay the course whatever it maybe until its +1? Unless something unforeseen happens that shuts the table?

 

Yeah, we plunged through. And remember, even though the series ends at +1, we make more than just 1 unit because we don’t start the grind until at least -20 virtually. In this particular series, we would have lost money on commission had we been betting to just win 1 unit, since we waited for -20, we still made several units even after the commission from the grind.

 

So we play stadium baccarat which deals a new hand about every 45 seconds. We play two shoes simultaneously, so for us, the 9th shoe came after just 4 hours. We ended our night on the 11th shoe.

 

Yes, we wait for -20 before starting a series. Sometimes we have to wait a good hour or even two, but most times we almost always have some action going on in at least one of the games. We really like waiting for -20 for many reasons, for one it helps us to know we are actually going to make a profit when the series is over. It’s very very rare that we start a series at -20 and having our commission eat all of the profit. Whereas if we bet ever hand with a goal of +1 there would be many instances where we would come out of the series at a loss.

we also like the breaks. Even with a team of 4 people, it’s nice to be able to stop tracking a shoe and not have your head in the game 100% when there isn’t any action. This allows us to walk around, go to the bathroom, walk outside, reply to texts or mess around on the internet. Once we see a shoe coming close to -20 we start paying attention, and if it hits -20 we are 100% focused. And it’s a solid focus because we were able to take a break between two lays and regain our bearings.

 

Nice. Thank you Jae

 

I paper tested 7 shoes yesterday and only 2 touched -20. The 2 that touched -20 went on to a high of -50 and -150.

5 of that which did not touch -20 yielded wins of @+8-12 units each if betting starts from 1st hand. Sigh.

 

There are most definitely times when -20 is slow to come. Usually it’s on one particular shoe, while the other shoe sometimes offers two opportunities for -20.

in your examples, those seem like good opportunities to bet every hand in retrospect, one very small pro to what I do in your example is that when you reach -150, for us, it’s actually -130 from our bankroll.

A great way to utilize the virtual losses as a trigger is that it doesn’t have to be -20. It can be any number you want. There was a very small point in time that I would actually wait for -100. This worked for me. Out of the week that I played. It would hit for me at least once a day with the exception of 1 day, where it went to -90 something and recovered. So I wasn’t able to benefit from that, but on two other occasions I saw -100 twice in my play so I guess that more than makes up for it if your goal is 100 units a day.

the benefit of this style play is that it means your bankroll can be slightly smaller since you’re not risking the first 100 units. Another benefit is that, in your example, in 7 shoes it hit once. So that would have yielded you 14 units per shoe which was a better performance than betting every hand.

the downside to this is that it’s very boring. You can sit and wait for hours and still possibly not see your trigger foe an entire session.

but I’m curious how many times you would have seen -10 in those shoes...

also, in my opinion a better trigger than betting every hand. It’s rare to see a shoe without this trigger, and also not uncommon to see it happen twice. That would and should yield a better return than betting every hand. Another trigger that would have worked for you would have been waiting doe -50. That would have hit twice, and made you 100 units, again another 14 on average per shoe. I like have the virtual trigger. Saves you in commission, gives you breaks, and you’ll pay less in commission than you would by betting every hand. In most cases.

 

All 7 hit -10 bro. So maybe for this online casino that would be a good trigger point.

Also they return me 0.5% as ‘rolling commission’ for all bet throughs

 

ND, Soxfan, Giz, Punkcity, Crabs, Garfield, Terry etc - OG anyone?

 

I think that any deep negative progression will allow you to profit betting bankers only, hey hey.

 

Something is not clear to me RE the minus 20 stuff. It is my understanding that you start each session waiting for -20. I get that part. Surely you don't wait for -20 after every series completes. Win 1 unit, wait for -20? No. So wait for -20 every time you leave the table after a series ends and come back? Suppose you've completed a series, long or short, whatever, and still in the middle of the shoe. Just re-start again and hope a -20 doesn't come up next shoe or stop right there and wait for a -20 the shoe you're in or the next shoe? How many times in a session outing are you waiting for a -20? Any idea?

I just looked at ten shoes for something else and 2 of the ten hit -20 so I guess yeah if you waited a bit and had a couple shoes to choose from it's pretty easy to find shoes to get -20 before start but I am still curious about the questions above.

Thanks

 

Yes, we are literally waiting for -20. When it comes and we win, we win about 18 units. After the series ends, we just continue clocking the shoe waiting for it again, might happen in that same shoe, or the tail of the shoe might lead us into the next shoe with -20. Our goal is to complete 11 of these in our session. Can sometimes take 10 hours playing two shoes at once. In 10 hours of play, we typically see about 24 shoes.

 

And by tail of the shoe, it has to be at least -5 for us to carry it virtually to the next shoe. I actually don’t know why we do this. Part of me just wants the new shoe to be a fresh start. But I’ll upload a good example of a shoe I will carry over from the tail. At the end the very last decision puts us at -21 betting 6. And he shoe ended and we started the very next shoe betting 6 units until we were back to plus 1.

 

This is an eye opener for me. The time end efforts put into all this. I like it Jae, the harder you work, the better the results.

As in baccarat as in all businesses, when people see another succeeding they think the guy is lucky, he had huge capital et cetera whatever. People dont see the long hours, the strategising, the thinking that went into it.

Of course let us not forget to praise the Lord for the chances He provides us. The calm and peace He gives us, the strength and perseverance to overcome the challenges that confront us.

Stay blessed

 

We make pretty good money, and at times I’ve feared that the hours we put in might burn out a teammate to the point of an early retirement. I remind everyone everyday that we need to work hard now so that we don’t have to work hard later.

it’s going to be very difficult here soon, because I want so desperately to be out on the water. I’m in the market for a small sailboat and with the weather getting nicer and nicer each day, it’s hard to motivate myself to leave the house and be in the casino for hours on end.

I keep telling myself this will be the last year that I’m working 60-70 hour weeks. But we still have a lot of work ahead of us for me to get to that point. I’m ready to start expanding to other casinos. I’m planning on putting together an international virtual
Baccarat team. We want to recruit 10 more teammates by the end of the year and have a virtual team of 20.

 

Please keep your expansion out of Asia Pacific ya Jae.

 

Oh, are you starting a team and fearing a little healthy competition? Lol