Baccarat Finally found a winning system!!!

I take 8 units. This is the session bankroll. I leave if I win 4 units or lose my 8 units.

 

It is impossible to resolve this equation. You first need to have an edge otherwise your long term result will be a negative sum of money.

 

You are vey much undercapitalized. Your session bankroll should be 32 units , loss limit 25 % or 8 units, and win goal 10 % or 4 units .


Best advice any one can give you . You should have 3 bankrolls of equal amounts to win 2 out of 3 sessions .




Play at your own risk.




ND

 

See my post # 178 above ,. I am a;so leaving a session when I am experiencing 3 losses in a row.


Protect the bankroll.

 

ND

I think what stephen mean is exactly same like u said.

In 1 session : win 4 unit or loss 8 unit.

Maybe you not carefull read his comment ?

 

Is there a compensatory effect for the house edge? What’s the furore all about? Remember the casino:-

1) has to pay the payrolls of the casino dealers, supervisors, managers, cashiers, security, back room operations boys and girls, admin staffs, guest relations officers, chefs waiters etc etc not to mention, a decent return for the providers of capital

2) lets you decide when to bet. At 3 am in the morning or 3 pm in the afternoon. They cannot decline your bet.

3) lets you decide how much to bet subject to the table minimum and maximum.

4) lets you decide what to bet - banker, player, tie or whatever else

5) lets you decide if you dont want to bet.

6) lets you enjoy the freebies they provide you

7) lets you play in a comfortable environment

What else do you want for the slight house edge they have over you? If the doomsayers can find another avenue to make money that has odds favouring you and provide all of the above, please feel free to share with us mere mortals...

Or keep your piss. Or is that peace?

 

Invest passively into the SP500 for example and you will earn on average 10%/year in the long run. You don't need to travel, you don't need to waste time at the tables for a long time.

 

Lungyeh

I fully agree with 7 points raised in your post.

Regarding 1, Casino is able to run the business and make money because of house edge.
Regarding 2 to 5, Pros like you are able to make use of 2 to 5 to make house edge positive for you. For me the negative house edge is not affected by 2 to 5.
Regarding 6 and 7 above both of us enjoy the freebies and perks.

For me casino gambling is an enjoyable recreation for my leisure money that I can afford. Most of the employees make minimum wages in the casinos and I would like the money go to them. In USA professional basket ball players make about $ 40 millions a year, and I do not enjoy watching these millionaires play. They are not world championship cadre either. I prefer playing in a casino rather than watching professional sports teams. If I have a winning methodology, perhaps I will tip the employees more.

 

My conversation was with Stephen not with you Buttinsky Ordinary -people. I know what I am talking about and know a loss limit is not a bankroll you little system chaser and forumtard.

 

Employee —-> Entrepreneur—> Investor

For discussion purposes, the person able to undertake passive investment that is able to sustain a lifestyle is at the top of the foodchain as illustrated above.

So we talking 10% annual returns. If one needs $20,000 per year, one needs to do a passive investment in the S&P of $200,000.

Maybe to get the $200,000 there would be some who would have to labour at the baccarat tables for a few years and have the wherewithal and wisdom to do it successfully before retiring to a more sedentary lifestyle of passive investment.

If it is for recreational purposes, thats another story.....

 

Lungyeh, I know that my suggestion does not make people dream because the majority wants to become rich in one month with 1000$. The problem is excepted people who won at the lottery the big jackpot or made a very lucky investment (for instance buying Amazon shares for 1000$ when it was introduced in the StockMarket), most of people lose their money because their expectation is too high.
Truth is it takes money, big money to earn something decent. The annuitants are very often from rich families, invest in stocks, buy properties, rent them, they don't need to work.

Now if I understand well, you are claiming you can make a lot playing Baccarat ? Maybe I am not informed accurately but I never heard of professional Baccarat players who turned the Casino edge in their favour. It's like claiming you have beaten Roulette even chances, sorry I am not buying it

 

Ckckck just say are you not carefull read stephen comment. What i confused what different what stephen say and what you say. Win target 4 unir, loss 8 unit. But This is your reaction ND.

Wow you really a nice people. Salute for you

 

Just wanted to say that I love reading your comments, very funny stuff. I don't want to answer for LY here. That's not my place. But he taught me one thing that is hard to actually execute. I found it difficult to hit with an axe and not with a wet noodle.

He suggested that using a 20 times the base value during times that are in a hot streak. So if I were using $1 chips for the times I was searching for upticks in the graph, where things were not hot or even worse, then I would switch to $20 chips during the discovered hot phase. I'm not going into how to detect phases. I just want to illustrate for you that the casino can't prevent randomness from serving up opportunities.

Below is a picture of 300 spins in a row and blindly betting $5 chips on all the red numbers on each spin. This is mindless betting without any strategy. You can see from the results that there are phases of losing and phases of winning. If I had bet small during the slow grind down or the crashes and bet big during the grind upward then the dollar amounts for the results would had been far more favorable. The question then becomes a different question in that case. Can there be exploitable times to place lower or higher bets, and can you detect times like that? Here is that picture. You can ask yourself if MM is more important than bet selection just from these flat betted 300 spins all bet the same value on red numbers.

 

Bago,

Thanks for writing. For sure > 90%, 99% even, of gamblers dont make money so statistically speaking, your not buying is correct.

There however, remains a silent minority (they are ignored even if they shout anyway) who can make a living out of baccarat. Not the lottery kind of gains you are implying but sustained per session moderate returns accumulated are definitely possible and probable.

If you had read the whole thread, there are sprinklings of stories of how different people have made their money from gambling and how they dealt with it. From FedEx in its early days to an American I met in a Singapore casino to a guy who made his millions and lost it all back and then sadly, committed suicide.

You may call it a dream. And this is the 3rd time I am quoting Stan Lee of Spider Man fame - ‘Dont let someone who has given up on his dreams make you give up on yours’.

If one treats baccarat as a business as this thread is addressing, I beg to differ with your stance, I do believe it is possible to build your dreams from a small capital base. Like they say, the oak tree from little acorns grow.

I started my business part time with little capital and working hard full time as an employee. Over time, bore the fruits of my labour. These days you read all the time of people starting businesses with little capital. If one has no particular skill set, say computer coding, one can try baccarat. Of course he is likely to NOT succeed. But then UNsuccessful entrepreneurs fill the streets.

And Bago, yes, a passive investor with inherited money or whatever money, is an ideal position to be in. As I also do have passive investments for the peace it brings compared to the rough and tumble world of entrepreneurship.

But as also pointed out, the bar is higher to be an investor, passive or otherwise.

If this thread can successfully help even one devil-may-care baccarat gamer to examine and adopt successful strategies and make it a success, I would be blessed.

Maybe you are mixing with the fun crowd of the upper crust of society who pour scorn of gaming as a way to earn his money. Imagine as one grows older, your only daughter brings back a suitor. You ask him what does he do for a living. And he tells you matter of factly, that he is a baccarat player. It would be like ‘Houston, Houston, we have a problem!”

A few years down the line, I hope I can meet someone so inspired. I will share a bottle of my 1982 Petrus or Latour from my small cellar. The 1982 vintage is a taste to behold and in my opinion, nothing from Napa Valley, Screaming Eagle et al, can come near.

 

Giz,

if the HPB of 20 times the UB is not your cup tea, you are at liberty to reduce it to 10 or 5 x UB.

As in all things Baccarat, its all about individualism.

Stay blessed, you and yours

 

Sorry Bago. Wrong thread. I was referring to Baccarat - the best small business thread I initiated.

Even talking about threads can be confusing, I dont know how some cope with multiple identities in multiple threads.

 

It has been said before You live only twice once for yourself and once for your dreams .



Enjoy.

 

I believe the 20 times is perfect. It would be $1 per number bet and $18 to $26 per the low priced bet.

At ten times that we are talking about $180 to $260 per bet at the attack level. So 20 times would be four $5 chips per number and $360 to $520 per bet. Table max levels are $25 any way to a number at most USA, West Coast Native American casinos. At $25 chips I would need around a $10,000 session bankroll. I would be satisfied with a $1500 take away from each won session. The $10,000 would allow for 20 lost net value bets at the big price. It's unthinkable to allow for a session to be lost at the big price. I mean the full bankroll. In any grind downward the bets would be at the minimum value mostly.

My point is that I get that having a useful attacking price is a necessary part of a business plan. I'm suggesting a kind of rigidness, a kind of rules to follow to success. This is your own sharing. I read it in your thread. I'm just mirroring it.

 

@Lungyeh

I read your baccarat thread "best business..." but I am not convinced about your arguments. I don't believe psychology has anything to do with succeeding in a game of chance in which you have a mathematical disavantage set in stone. Unless you are a pathological gambler (compulsive) needing to bet his money like an alcoholic could not live without drinking a single day, believing in yourself, making a prayer before playing a session or doing Yoga won't change anything I am afraid.
For me it is not psychological, it is mechanical: success odds of your bet selection and payout. That's all. You advise to set a limit for leaving when you "feel" you are into a losing streak or bad day is not rational. If you know you have a fucking edge, you don't stop betting because you know the time will come when you will recover your drawdown and profit, not because you felt it was your lucky day, but because you have the edge.
You don't know when it will happen, but you KNOW IT WILL HAPPEN. Concerning Money Management, it is valid only if your setup has a positive expectation, and here it is my trading experience that talks. For instance if my strategy has a 60% win rate when I risk 1 and the win target is also 1, I will profit in the long run, but there will be drawdowns because randomness do not give you 6 winning trades and 4 losing trades every 10 trades. It could be 15 losing trades in a row, you don't know beforehand. There is no need to rise or lower your staking bet, doing so is the sign your bet selection is not accurate enough to profit with the payout amount offered.

 

Finally found some common sense!WoW Bagos Bagins! you hit the nail right on da head as u always do, anywho maybe he doesn't know about my secret sauce? i feel like writting a thesis on how powerful my system is (not that how it works) but how it wins and wins and then wins some more!!
Just think Bagos theres a rainman out there somewhere making bank rolls on top of bankrolls in the game of baccarat or roulette
and your not in on it!!! yet this man Lungyeh claims to smash the face of baccarat and demolish it! how dare he prattle on about a mental state over powering a outcome based on math!~?!??? does he not know how the cards are shuffled determines the out come not how his emotions?
pitty pitty....and tisk tisk,...