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as any other strategy you'll find.

Quote:twinriverdealerI have been reading all over the net about different betting systems for baccarat and I am looking for a good one not to make thousands just a few hundred a day. The latest one is the mr majiks money management system looks ok. Was reading the attack baccarat not sure on that one. I don't want to pay for a system but if it's worth it would. Any help would be great. I am a dealer and see alot of people following the shoe with scorecards and lose and others just getting lucky. I rarely see anyone leave when they win. Thanks people.

Have you been at Twin River since the beginning? Did you start there or come by way of Connecticut?

if you really are a dealer and not yanking our chain, I think it should be obvious that there is no betting system that will beat the house. You work in a casino, how do you not know this? What are they teaching you in dealer school? Haven't you seen one of those pamphlets that read 'Understanding the Odds'? Haven't you seen countless gamblers lose hundreds of dollars? Sorry if I'm coming off brash, I'm just trying to set you straight so you don't lose money. Any time you are betting on Baccarat, you are lose 1% of your money. If you make 1 bet of $100 or 10 bets of $10, you're still expected to lose the same amount of money. In the short run, your outcome will vary. In the long run, you lose.

Quote:twinriverdealerI have been reading all over the net about different betting systems for baccarat and I am looking for a good one not to make thousands just a few hundred a day. The latest one is the mr majiks money management system looks ok. Was reading the attack baccarat not sure on that one.

The only people making money in baccarat are the ones selling bogus baccarat systems.

Write your own bogus system and sell it.

It will be no worse than the others.

First, figure out how much you want to win that day, and how much you are willing to lose that day. Buy in for the amount that you are willing to lose. If you lose all of it, you are done for the day. If your total is at least what you bought in for plus the amount you wanted to win, you are also done for the day. It's that simple.

How much do you bet per hand? That's the secret to this system - it doesn't matter how much you bet on each hand. You are expected to lose a certain fraction of what you bet each time you bet, so if you bet $100, it doesn't really matter if it's one $100 bet or four $25 ones. Personally, I would stick to betting as little as possible, as that makes it less likely that you will run out, which is the biggest problem.

Tr-dealer, if you are for real and not an imposter, you are still in for it because somehow you came here and havent realized yet this is no place to come to talk about betting systems. You see, almost anybody who does is some kind of prankster because, well, you should just kind of figure out quick that stuff gets shot down here.

Quote:odiousgambitOK, I won't block this thread because it could be interesting to find out the OP is you-know-who.

Tr-dealer, if you are for real and not an imposter, you are still in for it because somehow you came here and havent realized yet this is no place to come to talk about betting systems. You see, almost anybody who does is some kind of prankster because, well, you should just kind of figure out quick that stuff gets shot down here.

Everyone knows everything here, except the highest majority come on to admit they are losers. Been reading a while now, can't refute that :)

Not enough to make me nuts.

I played a shoe at Mohegan last month, flat betting banker and intending to quit if I won four units or lost my meager buy in.

About thirty hands into she shoe, the female dealer howled "Ohh this guy, he only bet banker". "Player winning.". "Bet player."

I was down seven units at this point.

I responded "It's okay".

The supervisor heard her and came to see what the commotion was.

"He only bet banker eeeevery hand."

"Sir, you can bet player."

"I know." "It's okay."

Then this pattern bettor, who was hovering behind me like a back counter, confidently places a black chip on player.

"Banker wins."

After losing his $100 bet, he tells me "There's a lot to this game". "You have to know how to play it".

"And you do"

"This is not an easy game sir."

"Actually it is."

I won my four units about seventy hands into the shoe and paid $24 in commissions.

When the surprised dealer saw that I won after all that nonsense with her, the supervisor and the know it all pattern bettor, she went "Ohh".

That's the amusing part.

Quote:bacfavoriteEveryone knows everything here, except the highest majority come on to admit they are losers. Been reading a while now, can't refute that :)

Just couldn't stay away, could you?

I'm waiting for you to join the others nuked as part of the ongoing B79 saga. Why not leave it alone and go away...you never seem to make it very long on any board.

...and I was once one of your supporters...oh well...we all make mistakes!

Quote:twinriverdealerYes have been at twin river day one. I worked at the sun before. Actually reading this forum is almost like a joke. No one has any good advice about gaming. One guy saying call a tow truck. It's obvious he makes no money gambling. I am just reader ching systems

Maybe another incarnation of B79...it must suck to have nothing to do but sit around and try to join a place you've been kicked out of (for good reason).

On the off chance you aren't B79, welcome. There just seem to be a lot of new members showing up with something negative in their first few posts. Why join if it so bad????

Quote:twinriverdealerYes have been at twin river day one. I worked at the sun before. Actually reading this forum is almost like a joke. No one has any good advice about gaming. One guy saying call a tow truck. It's obvious he makes no money gambling. I am just reader ching systems

What shift at the Sun?

Quote:bacfavoriteOkay. Sounds good.

You never did tell us about the MGM fire thing...it must have been some experience.

Quote:RonCJust couldn't stay away, could you?

I'm waiting for you to join the others nuked as part of the ongoing B79 saga. Why not leave it alone and go away...you never seem to make it very long on any board.

...and I was once one of your supporters...oh well...we all make mistakes!

Is anyone keeping Rule 14 in mind? Almost there.

not only cant you insult an individual.Members have been suspended for insulting the members of the forum.Quote:bacfavoriteEveryone knows everything here, except the highest majority come on to admit they are losers. Been reading a while now, can't refute that :)

Quote:twinriverdealerI have been reading all over the net about different betting systems for baccarat and I am looking for a good one not to make thousands just a few hundred a day. The latest one is the mr majiks money management system looks ok. Was reading the attack baccarat not sure on that one. I don't want to pay for a system but if it's worth it would. Any help would be great. I am a dealer and see alot of people following the shoe with scorecards and lose and others just getting lucky. I rarely see anyone leave when they win. Thanks people.

Fibonacci system.

- Bet banker only

- when you win, increase bet based on Fibonacci #'s

1,1,2,3,5,8,13, etc

-when you lose, start over at 1 unit again

ride the win streak!

Quote:100xOddsFibonacci system.

- Bet banker only

-when you win, increase bet based on Fibonacci #'s

1,1,2,3,5,8,13, etc

-when you lose, start over at 1 unit again

ride the win streak!

It is exactly the opposite!!!!

How it works

Let’s use an example to show exactly how this system works in a real time setting. We will assume that all units equal $5 and the bets being placed are on even money bet such as Red in Roulette.

We always start by betting 1 unit since this is the first number of the sequence. If you win any bet you always go back to betting 1 unit on the next turn. If a bet loses, you would bet 1 unit again since betting 1 unit will gain our lost unit on the previous wager.

This is where the sequence starts to kick in and must be followed in order to properly apply this strategy.

Let’s say we lose one bet and must wager 1 unit on the next turn and lose this bet as well. What will be the amount of units bet next? Using the Fibonacci system, we would take our last 2 bets and add them together to give us our total units to wager. In this example, we wagered 1 unit on the first turn and 1 unit on the second which totals 2.

We are now betting 2 units and somehow lose again. We would again take our last bet amounts and add them together. We used 2 the last bet and 1 unit on second to last. Our next bet would be 3 units. The sequence would continue in this manner until you have won. Once you win, go back to start of the sequence by betting one unit. You can see that by betting the last amounts on all lost bets, we will recover those losses and be at least break even over time.

Quote:FatGeezus

How it works

Let’s use an example to show exactly how this system works in a real time setting. We will assume that all units equal $5 and the bets being placed are on even money bet such as Red in Roulette.

We always start by betting 1 unit since this is the first number of the sequence. If you win any bet you always go back to betting 1 unit on the next turn. If a bet loses, you would bet 1 unit again since betting 1 unit will gain our lost unit on the previous wager.

This is where the sequence starts to kick in and must be followed in order to properly apply this strategy.

Let’s say we lose one bet and must wager 1 unit on the next turn and lose this bet as well. What will be the amount of units bet next? Using the Fibonacci system, we would take our last 2 bets and add them together to give us our total units to wager. In this example, we wagered 1 unit on the first turn and 1 unit on the second which totals 2.

We are now betting 2 units and somehow lose again. We would again take our last bet amounts and add them together. We used 2 the last bet and 1 unit on second to last. Our next bet would be 3 units. The sequence would continue in this manner until you have won. Once you win, go back to start of the sequence by betting one unit. You can see that by betting the last amounts on all lost bets, we will recover those losses and be at least break even over time.

There are two problems with the statement "at least break even over time."

First, look at the progression of bets since the last win:

Bet | Total after win | Total after loss |
---|---|---|

1 | +1 | -1 |

1 | 0 | -2 |

2 | 0 | -4 |

3 | -1 | -7 |

5 | -2 | -12 |

8 | -4 | -20 |

13 | -7 | -33 |

21 | -12 | -54 |

34 | -20 | -88 |

Second, you have discovered the problem with pretty much all "increase the bet" strategies - namely, there is no guarantee that you will "break even over time". (Maybe if you had infinite time and infinite money to bet, you would, but you don't have either of those.) If there was, then there would also be a guarantee that you will make a profit over time; if you bet X to "eventually break even", then by betting X+1, you will win more than what you need to break even.

Quote:FatGeezus

You can see that by betting the last amounts on all lost bets, we will recover those losses and be at least break even over time.

If you lose the first six bets 1,1,2,3,5,8 ,you are down twenty units.

If you win the next bet in the sequence, 13 units, you will be down seven units. (Plus commissions, if you were betting Banker).

If you were flat betting all the way, you would only be down six units after the win.

The commission would be less too.

Only idiots use a Martingale or some other type of progressive system that involves chasing losses with bigger and bigger bets.

Let's compare 2 players with an identical $10K bankroll...

Player A is a Martingale player who starts betting $10 and then doubles up after each loss.

Player B starts with a $100 bet and slowly increases his bet if he keeps winning.

Scenario #1: both bet on a player streak that lasts 12 hands.

Player A keeps betting $10 and wins only $100 from this run.

Player B bets 100-100-200-300-500-500-800-1000-1500-2000-2000-2000 and wins $7K.

Scenario #2: both encounter a losing streak and guess the next 12 hands wrong.

Player A busts his entire bankroll by the 10th hand, trying to win a measly $10.

Player B bets 100-100-100-100 and then decides to sit out the remainder of this unlucky run... he has limited his losses to only $400.

Quote:FatGeezusQuote:100xOddsFibonacci system.

- Bet banker only

-when you win, increase bet based on Fibonacci #'s

1,1,2,3,5,8,13, etc

-when you lose, start over at 1 unit again

ride the win streak!

It is exactly the opposite!!!!

How it works

Let’s use an example to show exactly how this system works in a real time setting. We will assume that all units equal $5 and the bets being placed are on even money bet such as Red in Roulette.

We always start by betting 1 unit since this is the first number of the sequence. If you win any bet you always go back to betting 1 unit on the next turn. If a bet loses, you would bet 1 unit again since betting 1 unit will gain our lost unit on the previous wager.

This is where the sequence starts to kick in and must be followed in order to properly apply this strategy.

Let’s say we lose one bet and must wager 1 unit on the next turn and lose this bet as well. What will be the amount of units bet next? Using the Fibonacci system, we would take our last 2 bets and add them together to give us our total units to wager. In this example, we wagered 1 unit on the first turn and 1 unit on the second which totals 2.

We are now betting 2 units and somehow lose again. We would again take our last bet amounts and add them together. We used 2 the last bet and 1 unit on second to last. Our next bet would be 3 units. The sequence would continue in this manner until you have won. Once you win, go back to start of the sequence by betting one unit. You can see that by betting the last amounts on all lost bets, we will recover those losses and be at least break even over time.

Thanks to everyone for pointing out the misinformation of this post.

That's what I get for cut and pasting from the internet. My original reason for posting was to point out that 100xODDS was completely wrong in his description of the Fibinocci.

Quote:FatGeezusQuote:100xOddsFibonacci system.

- Bet banker only

-when you win, increase bet based on Fibonacci #'s

1,1,2,3,5,8,13, etc

-when you lose, start over at 1 unit again

ride the win streak!

It is exactly the opposite!!!!

How it works

Let’s use an example to show exactly how this system works in a real time setting. We will assume that all units equal $5 and the bets being placed are on even money bet such as Red in Roulette.

We always start by betting 1 unit since this is the first number of the sequence. If you win any bet you always go back to betting 1 unit on the next turn. If a bet loses, you would bet 1 unit again since betting 1 unit will gain our lost unit on the previous wager.

This is where the sequence starts to kick in and must be followed in order to properly apply this strategy.

Let’s say we lose one bet and must wager 1 unit on the next turn and lose this bet as well. What will be the amount of units bet next? Using the Fibonacci system, we would take our last 2 bets and add them together to give us our total units to wager. In this example, we wagered 1 unit on the first turn and 1 unit on the second which totals 2.

We are now betting 2 units and somehow lose again. We would again take our last bet amounts and add them together. We used 2 the last bet and 1 unit on second to last. Our next bet would be 3 units. The sequence would continue in this manner until you have won. Once you win, go back to start of the sequence by betting one unit. You can see that by betting the last amounts on all lost bets, we will recover those losses and be at least break even over time.

channeling Drunk Mickey?

what you're describing is a Martindale, and a bad one at that.

edit:

yeah, what the others said why it's bad

Quote:FatGeezus

Thanks to everyone for pointing out the misinformation of this post.

That's what I get for cut and pasting from the internet. My original reason for posting was to point out that 100xODDS was completely wrong in his description of the Fibinocci.

what?!

dude, I think you are confusing Martindale w/Fibinocci based on your previous post

Fibbonacci takes two wins in a row to reset.

Quote:twinriverdealerI can see from your remarks you never gamble or win. How stupid can one response be.

Personal insult -- three-day suspension.

I have used this very same progression. This is not a winning system as far as beating the house edge due to variance (catching a streak seems very elusive when you try this, lol) but it is a decent system compared to a Martingale or Fibonacci on the losses.

I personally would do this on Player since the math is easier than dealing with commissions (unless at EZ Baccarat) but here is a sample of how it would work.

Betting $10 lose six in a row - $-60

Win next bet $-50

Win second bet $-40

win third bet $-20

win fourth bet $+10

win fifth bet $+60

win sixth bet $+140

Now, this is assuming you get equal number of wins on 50/50 game and, well, we know that does happen but never when you need it, lol. However, your losses are limited in that six losing hands is only the same six units if you flat bet where as it only takes a short streak to win back and make a decent profit.

Using this system I have had days where I was down a thousand dollars (no streaks) and then won all my money back very quickly. Like I said, not an advantage players system but certainly better than the Fibonacci or Martingale where you raise your bets after a loss.

Quote:darkozOkay first off 100xodds said you increase your bet when you win, NOT WHEN YOU LOSE.

I have used this very same progression. This is not a winning system as far as beating the house edge due to variance (catching a streak seems very elusive when you try this, lol) but it is a decent system compared to a Martingale or Fibonacci on the losses.

I personally would do this on Player since the math is easier than dealing with commissions (unless at EZ Baccarat) but here is a sample of how it would work.

Betting $10 lose six in a row - $-60

Win next bet $-50

Win second bet $-40

win third bet $-20

win fourth bet $+10

win fifth bet $+60

win sixth bet $+140

Now, this is assuming you get equal number of wins on 50/50 game and, well, we know that does happen but never when you need it, lol. However, your losses are limited in that six losing hands is only the same six units if you flat bet where as it only takes a short streak to win back and make a decent profit.

Using this system I have had days where I was down a thousand dollars (no streaks) and then won all my money back very quickly. Like I said, not an advantage players system but certainly better than the Fibonacci or Martingale where you raise your bets after a loss.

oh.. there's a Fibonacci loss chasing system???

didn't know that!

Fibonacci is a close approximation of golden Ratio (~62%).

I was told the Golden Ratio is a good balance in pressing and the profits risked (or something like that).

forgot the user who said that.

Quote:100xOddsoh.. there's a Fibonacci loss chasing system???

didn't know that!

Fibonacci is a close approximation of golden Ratio (~62%).

I was told the Golden Ratio is a good balance in pressing and the profits risked (or something like that).

forgot the user who said that.

Everyone who criticized you was thinking you were chasing losses instead of streaks.

So lose 10, 10, 20, 30, 50 80 = $200 loss after six losing hands instead of the way you and I were talking about.

With the above system, you turn profit after two consecutive wins and the profit is better than a martingale. In the above example, you now place a bet of $130. If you win, you repeat the same bet a second time. If you lose, you repeat the bet again (your back to the same place in the progression), if you win you are up $60 (130 + 130 = 260 - $200).

Problem is just like Martingale, you will hit a long losing streak and get wiped out quick. Chasing streaks instead of losses, at least you have a better chance of playing longer and possibly hitting a streak (which would be a loser in the other scenario.)

FibonacciQuote:DeMangoFibbonacci takes two wins in a row to reset.

i thinks you do (DUE) need 2 wins in a row but after the first win you take 1 step back in the sequence

lost

1,1,2,3,5,8 = 20 net loss

next bet = 13

and WIN!

next bet = 8

and WIN!

21 win

20 loss = 1 net gain!

Yahoo!!

only need two wins in a row

should be easy money

Fibonacci has his name (not his common name) tied to two betting systems

one is a negative progression and the other is a positive progression

i guess they cancel each other out

or attract each other

something like that

Quote:mustangsallyFibonacci

i thinks you do (DUE) need 2 wins in a row but after the first win you take 1 step back in the sequence

lost

1,1,2,3,5,8 = 20 net loss

next bet = 13

and WIN!

next bet = 8

and WIN!

21 win

20 loss = 1 net gain!

Yahoo!!

only need two wins in a row

should be easy money

Fibonacci has his name (not his common name) tied to two betting systems

one is a negative progression and the other is a positive progression

i guess they cancel each other out

or attract each other

something like that

The regression on the second bet is if you want to make the same profit as a martingale. It would be better to repeat the same bet the second time. You could theoretically repeat the seventh bet several times if you win/lose/win/lose until either you achieve a second win or two losses in a row in which case you continue with the progression.

It makes for better profit (when it works)

Quote:100xOddsFibonacci is a close approximation of golden Ratio (~62%).

Not even close.

Even if it was, how would that qualify it as a good betting progression?

Quote:100xOddsI was told the Golden Ratio is a good balance in pressing and the profits risked (or something like that).

forgot the user who said that.

You should have said, "forgot the loser who said that".

Betting progressions never work. If they did, there would not be any casinos.

Quote:TankoNot even close.

? - The ratio of two consecutive Fibonacci terms approaches the Golden Ratio ((sqrt(5) + 1) / 2) as you keep going. Even 13/8 is within 0.5%. (The "62%" that 100xOdds stated is the inverse of the ratio - i.e. the ratio of the smaller term to the larger one.)

No, I don't have an answer to how it would qualify as a good betting progression.

And betting progressions work just fine...for the casinos.

Quote:z1000kidSo many systems I see online. Oscars grind, cancellation systems etc. Is there one that actually works? I seen one guy on YouTube wants 1500.00 for his system.

nope, no system works in a -EV game.

just play the way that's most fun for you.

for me, I like to press my winning streaks and ride the wave.