Charts are provided showing us that the system clearly works better in craps compared to roulette. Would this system work better in craps or in EZ Baccarat? If the answer is EZ baccarat, would it be better to bet on player or banker considering that banker does not charge a commission but three card 7s are a push.
For player betting, the loss percentages were virtually identical to craps.
For bank betting, they were slightly better:
Starting bankroll 5: 68.1%
Instead of setting a goal of 10 units, I want to try a simulation for a goal of 3 or 5 units. I assume the percentage of achieving our goal would be a lot higher.
Then why not make it still easier with a goal of one unit?
This is how the lines will eventually look using Labouchere:
15 +1 unit
15 +1 unit
15,15,15 + 1 unit
Thank you! Did you test this on mini baccarat or EZ baccarat? Dragons are a push for EZ baccarat and I want to make sure that is included in the percentage.
EZ baccarat (the one with no commission on Banker bets, but a 3-card Banker hand that totals 7 is a push if it wins)
Instead of setting a goal of 10 units, I want to try a simulation for a goal of 3 or 5 units. I assume the percentage of achieving our goal would be a lot higher. Can someone help me?
Donniee, As a simple rule of thumb for ANY money management betting system . . .
With no house edge:-
Probability of hitting target goal = (Starting Bankroll)/(Starting Bankroll + Target Profit)
E.g. probability of turning 100 into 110 where you play until objective met or until you bust out =100/110 = 0.909 or 90.9%
E.g. probability of turning 100 into 103 where you play until objective met or until you bust out =100/103 = 0.971 or 97.1%
That assumes that you engineer the bet so that you cannot win more than the target goal and can lose up to the bankroll.
If there is a house edge, then '=' becomes '<'
Think of your money management system as a one time, odds on bet such as covering 35 numbers on a euro roulette wheel for one spin. (True P=35/37=94.5%) to turn 35 bankroll into 36.
Estimated P from my rule of thumb would be 35/(35+1)=97.2% where the difference is down to the house edge.