Baccarat Baccarat - the best small business

Ok Lungyeh, I was worried you got something against me...

as.

 

Some semblance of order has returned.

 

All is good with us my good man. Peace to all people of goodwill

 

I could not agree more . it is doable if we know how to be objective and not be scared of small losses.
Negreanu is one of the best and one thing about this guy's attitude is that he knows how to be happy and not sweat the small stuff.
I saw so many businesses go under having invested so much more then 5k , and yet I see the risk they took , they were big underdog, opening coffee shops thinking hundreds were going to buy their great coffee as soon as the door open, nice people, and one by one they crash.
starbucks is still on the top, even know I heard so often "their coffee sucks".
so there it is. small investment but planning is a must for sure.
Clarity is what brings a business to life, it has to be documented as well.
R.

 

Grab which is a competitor to Uber beat Uber into submission in the South East Asia market and Uber sold out to Grab in exchange for shares. Grab has gone on to list on Nasdaq recently via a SPAC for a valuation of US $40 billion. I watched the CEO, Anthony Tan being interviewed on Bloomberg. Anthony is a Harvard MBA. Grab has gone on to do e-wallet, food delivery, insurance etc and building a superapp.

He was suave, diplomatic and firm and gave a good account of his early challenges and how they surmounted them. And continually strategising to plan for the future. He handled the tough questions and the accusations with aplomb.

I am a bit too old to compete with today’s Millennials.

Jae has taken time to explain himself, his circumstances and his methodology. He dealt with the suspicions and derision with decorum and humility. Jae, you remind me of this Anthony Tan and I hope you go on to emulate his successes in your own unique way.

The point is learn enough, listen hard and work hard and then start. It sounds cliche but really, a journey of a thousand miles begins with the first step.

 

Phew

Anyway, I like your 2-1.... betting approach, but even Jae put very interesting thoughts about this game.

What I do not like is people crushing our balls by keeping to state that bac is an unbeatable game.
I'll invite those people to put their money against us, but they'd better prepare to collect a huge bankroll as we are going to bet yellow or white chips in the Vegas denomination. And if we'll win they must know we are used to collect the money no matter how deep is their fkng math knowledge disproving that.

Let's see how many math geniuses are willing to face our bets, providing outcomes derive from real live dealt shoes and not from fkng pseudo-real pc simulations.

as.

 

Starbucks... mediocre coffee, great business model. I’ve never seen an advertisement for Starbucks or heard a radio ad... I think I heard a rumor once that they are encouraged to spell your name wrong on a cup, people find it funny and post images on social networks of their cups and misspelled names, free advertisement. I think the biggest reason for their success is their expansion method. Grow grow grow until you dominate the market. You don’t have to have the best product to make the most money, might not even have to have the best baccarat system to make the most money, as long as you focus on growing instead of being content being the best coffee joint in town with one thriving location.

Speaking of Starbucks, y’all gotta watch this 30 second video.

 

Of course before a cat start his baccarats business he gotta do his due dilligent and researches. And that means testing correct and sufficient and for at least one thousands shoe. Ya gotta test sufficient to prove to yer self that yer style is indeed a longs term winner. And to me just as important ya gotta test sufficient to identify the worse case drawdowns scenario. Whe you identify that worst case in testings you won't be taken by surpirse when it happens when yer playin for reals with yer hard earned cake. If you have the balls and bankroll to handle gettin clipped then you will be able to bull dog yer way through the adversity yer gonna face inevitable when yer playin for real. My rule of thumbs is that I gotta have a bankroll so that no worse case scenario gonna clip me for more than 50% of my lifetimes roll. Say I test and worse case is -600 unit then I gotta have 1200 units bankroll backin my play to handle the adversity and play confident without fears. A major reason why lotsa cat any gonna start or succeed in baccarats business is cuz they can't handle the adveristy, cliipings and sometime serious drawdown what everyone gonna face from times to times, hey hey.

 

Thank you sir, As a 40 year old who used to make fun of millennials, all it took was a quick google search to realize I am one too and suddenly I was like.... those guys aren’t so bad, haha. I usually feel quite behind in this world. A lot of my business ventures have been small and failed. I grew up in a small farm town in nowhere Missouri, and in my twenties I bought a vending machine and started selling used DVD’s out of it. I sold them for $3.00, bought them from Craigslist for $1.00 and also pawn shops that I’d make a deal with buying high quantities. I started buying more and more vending machines, making deals with businesses to let them sit outside of their building. I even put a return box next to the machines and a good majority of people returned the movies like a rental. I tried growing too fast, put every dime I made into more movies and machines. Then a McDonald’s installed a thing called Redbox which was new at the time. Not only did it wipe out my business, pretty sure between that and Netflix, they wiped out blockbuster too. It wasn’t a total loss after I sold my machines and DVD’s on eBay, but it definitely didn’t get me rich or grow the way I wanted to. I’ve always felt one step behind.

I think there is a lot of potential in the app market. Even the current one I’m having developed is a priceless tool for an advantage player that wants a simple way to count bonus bets. While I’m not planning on selling the app through app stores, I’m sure I could, even if I had the max asking price of $999 on it. Because, I’d buy it for that.

I’ve always felt like Uber eats and grub hub, door dash, all of these food delivery apps would be easy to dominate. At least in the basic sense. They charge the restaurant about 30% of the order! And while it seems like you could easily compete with that, I guess they know what their expenses are and maybe I’m wrong. But this late in the game, it would be very hard to do. Sometimes you’d think the biggest businesses that are super cut throat couldn’t be outpaced, but look at what bezos did. And the craziest part is... his biggest inspiration and business model was inspired by reading a book about the life of Sam Walton. He literally piggybacked off of some of the same ideas and principles the company was founded on and still passed them up.

Baccarat is a full-time business for me, but not a life-long one. I have too many other goals and ideas I’d like to implement in my lifetime, so I look at this as the foundation to achieving other business ventures.

 

As long as it is started. Some make theories for self gratification and at the end of the day conclude it cannot be done.

my suggestion was for this category of people to start a separate thread not to indulge in baccarat.

 

It’s a brilliant idea, they can name the thread, “Why are we even here?”

and then have a circle jerk about how they waste time on a forum talking about a game that they think can’t be beat.

 

Bankroll or rather the lack of it would be the main thing I noticed as being the biggest reason people don’t succeed in this business. You can dress it up with all the fancy trimmings , luck , math, fallacy, etc . But,No money ,no chance to profit.
Cheers

 

The audience here is wide and varied from those eternal students of the game to chess enthusiasts turned Van Gogh connoisseurs, to computer programmers, to employees looking at possible businesses and rarely, businessmen.

Besides the small capital that can parlay a baccarat business into something significant, the other difference of a baccarat business to a brick and mortar business is it allows you to simulate test bets. The next best thing but remember paper bets and computer simulations are done without the all important human emotions.

But anyway, Soxfan may want to test 1000 shoes. Another guy in ‘Brazil’ may want to test maybe a million shoes (I mean if he can quote a bust for a 150 step Martingale, and I am sure Craps will choke to death on this!150 no typo error!!). You cannot simulate this for a brick n mortar business.

In a business environment you study and plan and do whatever you can but there is no way you can meticulously plan for every eventuality. Thats where the difference lies to separate the entrepreneurs from the mere mortals. The ability to live with uncertainties. An entrepreneur knows where are the potential pitfalls and levels of danger for each of them. He has a hazy idea of what to do if each happens. But he cannot be 100% prepared for each and every
eventuality. Remember ‘....time and chance happen to them all’.

Imagine a guy believes he can sell his special coffee at a slight premium price to the office crowd of Wall Street. Lets say he had this idea @ 6 years ago. Then he overheard a chess loving non football playing Brazilian tell him the market is going to crash and everybody will suffer the epic proportions of the slums of Brazil ‘You better simulate and check it out’ the legally trained Brazilian advised him. So he put off his plans. Year after year the market boomed and the guy watched and kicked himself the last 6 years.

To be an baccarat entrepreneur, after some learning and understanding know the parameters and the dangers and have a plan to deal with it. Myself as a serial investor and entrepreneur, I can only advise you the odds are the same. But if you dont start, you can look at being Van Gogh

 

On the matter of insufficient capital, many businesses have been started with little capital. As I have mentioned I had my start rolling my salary.

Jae started his baccarat business with 300. He parlayed his luck perhaps played very differently from what he is doing now. Then you adjust your circumstances as you go along.

I repeat there is no business that allows you to start with so little a capital as baccarat. When you have little, perhaps you have to follow Lungyeh approach religiously. When you have grown up you can go for OG/Banker with a higher bankroll requirement.

If one cannot raise capital for baccarat. Concentrate on your employment first and accumulate your bankroll. But dont let it be the excuse.

 

OK money is good but who is in a hurry to be a millionaire overnight when there is just so much free high quality entertainment available. Take this forum for instance. It's like watching a new Seinfield episode after all these years. Make a living out of Oscar's Grind baccarat! That sounds like a Kramer idea!



So we are back to me being Gizmo. OK. Quote me on that to the admins. They can disclose that my IP really is from Glorious Brazil. This won't blow my privacy and will be fun to watch.

But that won't matter anyway. Guilty until proven otherwise right? Maybe Gizmo just had someone from Brazil to post for him. Yeah. That's the explanation. And he is the one with schizophrenia!



Paranoia
Coming from within
Taking over
Symptoms of an everlasting
Phobia

 

I thought the analogy police didn't allow comparisons between the financial market ang gambling.

Hey you never mentioned what you were going to invest in here, hence my generic recommendation.

6 years ago there was a lot more hope than today.

Also, if you're planning to invest in anything agro-related for exports, by all means, do it. We are the world's farm. But... Even then I'd wait a little. Lockdowns and all. But that's just me. You are probably more savvy than me with these things, and I'm not being a sarcastic asshole.

 

I think it can be beaten. Not with MM alone though. Guess my English must be very poor because I never said it cannot be beaten, but somehow that's what came across?

Am I being kicked out of a thread again for disagreeing?

That is a smart idea. Quit while you are winning. That's the best you can do with games of chance, according to the mainstream.

Also,

 

It doesn't have to last forever. Nothing does. But if you are in it for the profit, the truth is, you'll save a lot of time if you just bet all your bankroll once. Your odds are the same, in theory. And then quit if you win. Time is money too.

 

This place gets more comical as the days go on. This Lungyeh here now has gone from being an erudite, well read, pseudo intellectual, to an almost de facto replicant verbose facsimile of the boring John Blurg. And this dumbshit did not get the metaphor, ref: Joan of Arc. He's now using it as a whipping noodle. His style is somewhat unoriginal, just like Alrelax. He coins the tag Van Gogh and now it's an established pejorative in his (hahaha) malignant narcissistic mind.

Here's one to put a bee in your bonnet. "Lung Nut" here, I loved that one from a smart contributor here, he uses a rudimentary version of a very simple minded Reading Randomness to make his bet speculations and then consequential MM.

Has anyone noticed how the writing style of this Lung Nut has changed from concise to trite? This is probably coincidental but a successful businessman is here to stand on his soap box and espouse the virtues of his wonderful advice. He has gotten right down into the mud and now is filled with glee at immortalizing his sense of superiority.

Geez! What a waste of money and flesh. And take a look at Jae. He could also be anther puppet of John Blurg. This could all be a well planned and orchestrated retaliation for being so mistreated and misunderstood by the vast conspiracy.

Now I will go back to ignoring both of them. You just take me out of the conflict and you get a sort of divine comedy. Lung Nut here has become the grand poobah professor and conductor of reason. This is the primary fate of all forums that John Blurg has mesmerized in the past.

I would laugh my ass off if all this is proven to be true. Remember. It's just the accusation that is important here. The facts are not important.


Keep up the show, it's a good one.