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onebac
onebac
Joined: Mar 15, 2017
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March 15th, 2017 at 12:25:19 PM permalink
Hi,

I'm new here but have been gambling for a long time now and have been lurking here for quite some time. I just want to share my 20th Baccarat win streak today. I just choose what shoe to play, and the moment I win one unit from that shoe I stand up. So far I have left the casino a winner 20x in a row now. I just choose a streaky shoe that's all. As I am playing in Macau and Philippines there are tons of Baccarat tables here!!!

I know sooner or later my streak will end but for now I celebrate. What is the probability my streak will last a life time thou? haha.
Happy gambling to everyone!
TigerWu
TigerWu
Joined: May 23, 2016
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March 15th, 2017 at 2:55:54 PM permalink
If you quit now then you can tell people you have never lost at Baccarat in your life!

Do you ever play Pai Gow tiles there in Macau?
charliepatrick
charliepatrick
Joined: Jun 17, 2011
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March 15th, 2017 at 3:26:08 PM permalink
Quote: onebac

...What is the probability my streak will last a life time...

If you never gamble again : 1.

Seriously it sounds as if you're trying a martingale type of system that gains 1 unit most the time but loses a bundle once in a blue moon. To see 20 consecutive wins is actually fairly likely.

If you only went bust if you lost 10 hands in a row, then you'd expect to win about 600 times before having a 50% chance of going bust. That's the fallacy of Martingale systems, they sound as if they work until you hit the big out.
onebac
onebac
Joined: Mar 15, 2017
  • Threads: 1
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March 16th, 2017 at 2:51:16 AM permalink
Quote: TigerWu

If you quit now then you can tell people you have never lost at Baccarat in your life!

Do you ever play Pai Gow tiles there in Macau?



Well I lost before as I am not a new gambler, its just that this has been the longest streak I had ever. :)
I only play baccarat, roulette(before) and blackjack. But now I only play bac, its so easy and fast.
onebac
onebac
Joined: Mar 15, 2017
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March 16th, 2017 at 3:01:30 AM permalink
Quote: charliepatrick

If you never gamble again : 1.

Seriously it sounds as if you're trying a martingale type of system that gains 1 unit most the time but loses a bundle once in a blue moon. To see 20 consecutive wins is actually fairly likely.

If you only went bust if you lost 10 hands in a row, then you'd expect to win about 600 times before having a 50% chance of going bust. That's the fallacy of Martingale systems, they sound as if they work until you hit the big out.



I know Martingale, and have been burned before using it..
I'm not new to gambling. I just decided one day I'll quit my casino session every time I go up even if its one unit of my bank roll, if I won't be up even once then that means I blew up my whole bankroll. The biggest bet I make is 2 units of my bank roll and that's it. My bankroll is 20units(2k, so 1 unit is 100.)For now, lady luck is on my side, I hope it stays with me for much long thou. I'm not counting on it much.
charliepatrick
charliepatrick
Joined: Jun 17, 2011
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March 16th, 2017 at 3:35:54 AM permalink
Effectively you're betting 20 units to win 1. Someone will know the exact chances but suppose it's similar to playing double-zero roulette and making 1 unit every time there isn't either zero - probability of losing is 1/19th. You could play for hours and never see either zero. Your chances of winning 20 spins at is about 1/3.
lilredrooster
lilredrooster
Joined: May 8, 2015
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March 16th, 2017 at 4:04:21 PM permalink
Quitting while you're ahead as being a way to win at gambling is maybe the most long lived myth about how to win in a casino. It would work if you happened to win a very small amount on your first outing and then quit. But only if you never came back. What guarantee is there that you will ever get ahead? No guarantee. What guarantee is there that you will ever hit your target? No guarantee. You imagine that a gambling clock has stopped when you leave the casino ahead. But the clock is artificial. It never really stopped if you come back. If you had $1 million bankroll and were betting only $5.00 it's very possible you could lose the whole million without ever getting ahead if you're playing a negative expectation game.
everybody wants to go to heaven. but nobody wants to die.
onebac
onebac
Joined: Mar 15, 2017
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March 16th, 2017 at 10:39:27 PM permalink
I'm going for 21st and 22nd straight casino session win this weekend. If I blew up my 2k bank roll that's fine as the 20th straight wins I had I already have about 2.5k$ win, so it will cover that. And if I blew all the 2k I won't go above it and I'll quit when that happens, but for this year only. :) I knew I got lucky and there's no guarantees so wish me luck guys.
lilredrooster
lilredrooster
Joined: May 8, 2015
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March 17th, 2017 at 1:59:02 AM permalink
Quote: onebac

I'm going for 21st and 22nd straight casino session win this weekend. If I blew up my 2k bank roll that's fine as the 20th straight wins I had I already have about 2.5k$ win, so it will cover that. And if I blew all the 2k I won't go above it and I'll quit when that happens, but for this year only. :) I knew I got lucky and there's no guarantees so wish me luck guys.




sounds like you're having fun. good luck
everybody wants to go to heaven. but nobody wants to die.
Kathy909
Kathy909
Joined: Jul 18, 2017
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July 18th, 2017 at 11:47:19 PM permalink
Thank you for sharing your experience.

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