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Baccarat Baccarat - the best small business

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

  1. asymbacguy

    asymbacguy Active Member

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    Lungyeh you are one of the best persons I've ever met in the difficult gambling field.

    For that matter I've found interesting issues posted by Sputnik, Alrelax, Jae, Frank, gr8player, Punkcity, Nathan and many others.

    as.
     
  2. Rinad

    Rinad Active Member

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    colorado

    I am interested in working on building a original business MM and making it practical as much as possible.
    I think the forsaken aspect that interest me a lot is not just to said "I can make a few hundred dollars a day for life" and that would be great, but the compounding aspect , the low investment/high return type of blue print.
    I did not said low risk/ high return because "low risk" for many means " 95% chance" of winning the original investment, and in my book I can see that there may be a way to not worry about the low risk tobegin with by focussing of the high return even if one had to lose a few "entry-money initial investment".
    maybe we can think out of the box and look at the way poker pros ,some made it big by working tournaments mostly.
    actually like Jae has done with OG, taking a 1000, and turn it into a 1,000.000 $
    the interesting part of it is this here.
    Jae, or others like Chris Money maker who became the big winner years back, it was not that Chris was the best poker player, actually he was a newbie as he mentioned, but cut a great run, winning the satelite place with a 40 $ buy-in at home playing online that took him to the last table ect....and won.
    so what is to be said of these guys ?
    well, and I dont want to said it was just luck, but luck was there of course.
    a old saying is " courage is one of the greatest virtue because without it you cant aply none of the others"
    the Goal or vision can be a "50 fold return" for any business. does not have to be just "survival"
    is it possible that it takes "going all-in" with a business ,several times to reach the end zone ?
    is it really "greed" ??? if it is part of the plan ? I dont think so.
    it actually could be just the oposite, that trying not to lose could have more greed in it then we think ?
    the OG may not be the key to what turned a 1k into ..........$$$ maybe a several "all-in" play had to be there before Jae divided his bankroll into two separate banks as he mentioned at a particular time as to protect the original investment.
    so we could be a business model perhaps that has those dynamics incorporated.
    isnt it good news that maybe,just maybe we dont have to have the perfect system to make it a successfull venture ?
    I believe so. even if a business could survive for five years doing great, it can be the creme de la creme for many.
    so how should we dive in ?
    what tools do we need ?
    what is the vision for that type of business ?
    is that anyone interest ?
    Me.

    Cheers
     
    Jae likes this.
  3. asymbacguy

    asymbacguy Active Member

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    Really?

    Think more sharply about it before I have to post your messages. Hey fkng you hey

    as.
     
  4. soxfan

    soxfan Well-Known Member

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    Answer my question lying little beta bitch; how much do you charge cats to learn yer incomprehensible bulls shit style, hey hey?
     
  5. Lungyeh

    Lungyeh Well-Known Member

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    Rinad, so we are here to discuss various methodologies and other factors like MM.

    We should hope that even if one person adopts and adjusts the factors discussed here and go on to make a successful business out of baccarat, we can be satisfied.

    One can make it big with 1k or less. What business can let you start off like this other than a lemonade stall in a trailer park?
     
  6. Lungyeh

    Lungyeh Well-Known Member

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    Thank you kindly Asymbac. Some will not agree with you. Lmfao.

    Having said that perhaps the other names quoted are not really issues. Just differences of opinions or execution or even intonation of their messages. You know some here write as if they are fighting with a casino. When we should be saving our energy for the baccarat table battlefield. Of course some write with venom and claim magical artistry for the world to enjoy posthumously because they only paper bet and spend time ‘flowering in the summer’ their theories.

    Whatever... Money is good. Money is super super good. Everybody needs money. Every family needs money. Every country needs money.

    Money is good. Money is super super good.
     
  7. Pedro

    Pedro Active Member

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    We are waiting for the 2nd one right now.

    I'm glad your children enjoy soccer. It is an awesome game, lots of fun. I just personally suck at it. Honestly more into chess than soccer.

    Let's talk about business though.

    Here is what I think about turning gambling into a business.
    Mainstream information on this idea is that it can only be done with sports betting, poker and card counting on blackjack.
    Everything else has the house edge.
    So to turn baccarat into a business would require significant R&D to beat the HE and the randomness. Sure, lots of people can open a restaurant or a shop, do things right, have profit for a while but still go bankrupt and lose more than what they earned. It's called risk. With gambling though, the bankrupt part is an inevitability if you go by the mainstream rules and assumptions. Baccarat is cool and all but there is nothing special about it. With the risk of sounding repetitive here and being kicked out of another thread for stating the obvious, If you came up with a way to beat baccarat in the long run using some mathematical MM algorithm, be it old like OG or completely new, by all means:
    1. Baccarat is a thing of the past. This is a blockchain crypto world now. Buy yourself some crypto like dogecoin. 2000 usd will give you some 300 billion units to play in some places. 1 satoshi each. Crypto has 8 decimal places. 300 billion enough for your MM?
    2. Code your MM and bet selection into Seuntjies Dicebot. Totally free software that automates gambling for you on crypto online casinos.
    3. Let the thing run nonstop. If it works on baccarat it will work on crypto dice.
    That's it. No need to grind. Let the bot play for you.
    No one has ever managed to do this without busting so far. At least not publicly. There is a reason for that. It's because its inevitable that you will bust. Serious people who are into dicebot play with it not to gain money but to see how long will a MM system last before busting. In my research that was the simple martingale. It still goes bust even if you have 300 billion units and can double up 30 times. I've heard of a person going all the way up to the 150th martingale and losing.
    So, gambling as a business is a bit of a crazy idea that requires a crazy solution, and crazy solutions require crazy, delusional people to come up with them.

    The only way I see there is to win at gambling in the long run then is if your bet selection outperforms the expected 50% success rate. Banker gets 51%! Yeah, the casino is so dumb that they have a positive expectation bet available? If you do the math right there is still HE, commission and all, so... MM? Again, use dicebot then. Crypto dice has 51% odds if you want. It pays almost 1:1. See how that goes. Try with 95% odds and a martingale. You still eventually get a bunch of losing streaks to wipe you out, initial capital and all profits.

    All that is left is wishful thinking.

    I have also come across the idea that you can more or less speculate when you are going to win or lose and bet more when you are sure to win and bet less when you are sure to lose. But that is the same as having a >50% bet selection.

    Mainstream math says anything above 50% accuracy is temporary and will be compensated by future losses.

    So that is the state of the art of the gambling as a business IMHO. MM can't help you. Current materialistic-mechanistic assumptions about the nature of the universe says you can't come up with a way to be right more than 50% of the time.

    So to beat gambling you have to have a paradigm shift in science, because you need new cosmological premises that explain how you could be right more than 50% of the time on a random game.

    IF someone were to do this, the mainstream world would burn.

    worldburn-top.jpg
     

  8. asymbacguy

    asymbacguy Active Member

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    Soxfan, you forget that we're here to get fkng casinos to lose.
    Anyone providing ideas to get this thing happening is more than welcome here or there.

    It's not a battle against us, we'd better put our different thoughts together, considering the pros and the cons.

    Do not play the math jerks job to consider our all efforts to be worthless.

    as.
     
  9. Lungyeh

    Lungyeh Well-Known Member

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    There are people who will start a business, make money in the short term and medium term and strategise as to how to change and survive for the long term. Nevertheless, the first step is to start.

    There are also those who, while dithering as to whether they should start a business, may overkill the thinking process and at the end of the day dont start. Because based on their mathematical business model, it wont work long term. So better dont start.

    The world may partly be made up of failed business people who tried but failed but it is also from this group that the successful ones will emerge.

    There is also the other world of people who cannot start anything because they think it wont be able to survive long term. Long term sometimes being generational because before even contemplating starting, they are planning to hand to their children. Because they dont start, there wont be any success from this group.

    Yoda - ‘Do. There is no try’.
     
  10. Lungyeh

    Lungyeh Well-Known Member

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    Football and chess is not mutually exclusive F973B086-B7F1-4BBD-8BD2-DA5E03FD8C96.jpeg 7E06D2EF-0960-4FF2-8800-4EBB27262B3C.jpeg

    My family indulge in both to cater for the whole spectrum of intellectual bandwith from the beaches of Brazil to the starry nights of trailer parks.
     
  11. Pedro

    Pedro Active Member

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    That is actually a very poetic sentence. It made me smile.

    Here is a simple idea. How about identify what strategies are working ATM and apply them while they are working? Keep looking for new strategies that are working all the time. Ever read who moved my cheese?

    Casinos love that mindset.
     
  12. Pedro

    Pedro Active Member

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    OK then, good for you.
     
  13. asymbacguy

    asymbacguy Active Member

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    Lung, you're one of the few bac posters I would be glad to risk my money with, it's like getting a feeling about that.
    Let casinos hope to get the opposite results we're betting at.
    In no fkng way they'll be right itlr.

    as.
     
  14. Lungyeh

    Lungyeh Well-Known Member

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    I may squander some of your money on Brazilian validated Van Gogh bro. And then labelled a Joan of Arc, gender difference notwithstanding. Wtf.

    How is the going Asymbac?
     

  15. Lungyeh

    Lungyeh Well-Known Member

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    So Pedro, your cheese never stopped moving? Lmfao. Sad.

    It would be interesting if you would start a thread ‘Baccarat - Dont ever start playing.’

    In actuality you would do a lot of good to a lot of people. Because statistically, the vast majority dont win.

    Here on this thread we are discussing how to make it a business sustaining a lifestyle beyond trailer parks and dicebot from the slums of Brazil or under the starry nights in US. We know its tough but we continue to learn with real money, not paper betting or computer simulations
     
  16. asymbacguy

    asymbacguy Active Member

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    Not sure about what you're referring to.

    as.
     
  17. asymbacguy

    asymbacguy Active Member

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    Van Gogh? Joan of Arc?
     
    Last edited: May 10, 2021
  18. Lungyeh

    Lungyeh Well-Known Member

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    Never mind Asymbac.

    A few pages ago, some people got someone in Brazil (although he could very well be his neighbour in his trailer park or the same person bcos they have the same writing style, they talk about the stars which only some demented people know about, they log on same time post one after another.) to describe his theory like a Van Gogh masterpiece. Then this guy after initially thanking me for giving him money he changed his mind and called me a Joan of Arc with derisory undertones.

    I have asked him to move on because I will not let him have the last word on my thread. Whether he is posthumous and comes back as a chess loving Brazilian, he will not have the last word.

    You think Soxfan is getting on your nerves? Bro, you didnt see nothing! Lmfao
     
    asymbacguy likes this.
  19. Jae

    Jae Well-Known Member

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    Diving in: like any business, you do your research and test the market. Prepare—learn what needs to be learned and make sure you’re comfortable operating that business.
    Tools: business plan. Best to have a clear laid out picture of your micro-goals and the big goals. Money, obviously, very hard to start a business without capital.

    LY said it well, what other business can you start with $1,000. Before he even stated that, I already was thinking along those lines and one of the cheapest things I could think of (lemonade stand didn’t occur to me) was a hot dog cart. Even then, you’re probably looking at start-up costs of at least 3 grand with an average return of, I dunno.... we’ll say $200 a day. $200 a day might make a lot of folks happy, especially working fir themselves, even working a baccarat table making $200 a day is good for some people. If a hot dog bed or saved up for an additional cart and hired someone for minimum wage, he could probably then make $300 a day, and then it’s just a matter of continuing to expand hoping that his very own employees don’t realize how cheap the business model is and end up his competitors.

    While this could happen, most be lack the desire and ambition for starting a business. This just mostly goes on in the hot dog vendors mind because he is predisposed to see entrepreneurial value. Most people that see his cart could never justify doing what he does for $200 a day. But with a little hard work and expanding to 10 carts, he could be making $1,000 a day and sit on his ass at home.

    In the process, some carts may fail, but he doesn’t necessarily lose anything, his first cart made all of that money to begin with. He just can’t lose that first hump.

    baccarat as a business has its pros and cons when put up against traditional business models.

    Hey, we don’t have to pay for advertising. Our work environment is cheap, I pay 5% of my income for a free office with free beverages and comped food. Ha.

    It’s the downsides and cons that we have to consider and overcome. In traditional business, we can write up a business plan or show an existing working model and gain the support of investors. If I had 3 successful hot dog stands but my goal was 10, I could speed that process up and make my profits fast in the mid-term by having investors help me get there. This is one part of the business model that you can’t rely on in baccarat. Telling your bank you have a gambling model, or trying to garner interest from friends or family isn’t exactly something anyone is going to jump in on. Maybe after you’ve shown your success, but then it doesn’t matter—you had to take the slow way, and that’s okay!

    Personally, I love the idea of collaborating baccarat business ideas. I originally felt that I was amongst peers and like-minded individuals who shared the same general goal as mine, to take money from the casino.

    Investing in other peoples methods and ideas used to be something I was very interested in. Because all of my eggs are essentially in one basket. I have one method, one business idea which creates the same stream of revenue. I would love to see a network of individuals with different ideas working towards a collaborative goal. For instance, if someone developed an app that helped them count the bonus bets in baccarat and was trying to pool together a 20k bankroll for a share or percentage if the profits. I’d say, “sign me up, can I just give you the entire amount?”

    That’s the beauty about traditional businesses, I can invest small pieces into someone else’s operation that I believe in, but we can’t do that here. And thankfully I saw what happened to LY with gizmotron and it put a bad taste in my mouth. I realized that probably any investment I would make towards anyone’s vision would just be gambled away or stolen. And that sucks for everyone.

    But at least it gives me the opportunity to still achieve things myself. I won’t need to invest in anyone that’s developed a simple phone app to count bonus bets and tell me when to bet and at what increment, I’m already in the process of having it developed. And it too will come with its own business model and plan, etc.

    You hit the nail on what you said about low investment/high reward.

    Going into the venture with the vision of the bigger picture and even if you have to sacrifice a few low investments to hit it, we’ll it’s totally worth it.

    There’s another thread on the main baccarat page from sputnik. Turning $150 into $10,000. There’s a fella on there that said he hit it twice. I believe he said it took a few times, he hasn’t given out specifics, but that a great strategy. I didn’t delve into the details of that method very much, didn’t personally interest me, but the layout is fantastic. It’s a total gamble and there is no guarantee that you’ll succeed. I have a model along those lines as well, it’s an OG style that turns $500 into $1,000,000 in 19 days. I don’t know what the odds of succeeding is, I created it after I saw that it could have happened to me, but hindsight is 20/20 for everyone. If I ever research that method based on my last 8 months of play, I’ll try and figure out how many times it would have succeeded.

    You speculated about my success, and yes, I attribute some things to luck. I’ve never quite been all in, but I did utilize a lot of riskier plays building my bankroll.

    I’m as patient as a sloth these days, but on my journey to $150k I was a lot riskier. I often used bankrolls of 500 units, because I could double them in less than 3 days. A 2,000 unit bankroll would take me 10 or 11 days to double depending on my starting unit of course. A lot of successful business people took big risks to get to where they are, and when they are in a situation that others can admire, they often give their current methods as advice instead of the ones that got them there.

    A lot of investors may consider Warren Buffet their hero, and he’s so successful that his advice feels like it’s the path to get to where he is, but of course it’s not the same path, and it’s not bad advice, but to remain that hero he isn’t going to encourage people to take some of the more dangerous risks that he pulled off and lucked out with getting there.

    This isn’t an egotistical statement, I’m not trying to say I’m anyone’s hero, but I also don’t feel comfortable telling people to start with a 500 unit bankroll. Because if they lose, they’ll blame me. I feel more comfortable telling them what I do now, which unfortunately takes a bit longer to grow, but it’s also less risky in my opinion. The math guys will tell you that it all comes out to the same figure. You’ll blow through 2,000 units in the same span as four 500 unit bankrolls. But in my experience this is not true, a 2,000 unit bankroll has cleared out dozens of situations that I would have lost 500 units on.

    I endorse your idea of making several low investment starts in order to compound it.

    Another interesting business model/investment opportunity that I missed out on, but I’m sure we’ll see in the future was professional poker player... Daniel Negreanu let the public fund one of his poker tours. So basically, anyone could invest in his tournament buying and then win a percentage if he won. He actually made a lot of people some money. Maybe we will see more opportunities similar to that in the future. It’s definitely something I’m interested in.
     
    asymbacguy, Lungyeh and Rinad like this.
  20. Rinad

    Rinad Active Member

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    I think if we have to be in business we need to find a long term proven system by simulation we are all going to be dead before we find it.
    long term is not realistic when you start a business. about being profitable for a few years to begin with ?
    thousands of great businesses were built and lived for decades ,not for ever. some sold, or closed and that was it.
    anything wrong with that ?
    we put way too much pressure on ourselves by overthinking it and then do nothing.
    have to be a bit of a "river boat gambler" I said.
    R.
     
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