kiho0297
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December 6th, 2018 at 12:00:56 AM permalink
Question about e-z commission free baccarat where third card 7 win 40 to 1. Looking at the house edge on the website, it looks like you are supposed to get 1 dragon in about 45 hands. Assuming that the shoe averages 80 hands, what is the chance of you not hitting a single dragon for a whole shoe and what is the chance of you not hitting a single dragon for two whole shoes?
ChesterDog
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December 6th, 2018 at 5:01:05 AM permalink
Quote: kiho0297

Question about e-z commission free baccarat where third card 7 win 40 to 1. Looking at the house edge on the website, it looks like you are supposed to get 1 dragon in about 45 hands. Assuming that the shoe averages 80 hands, what is the chance of you not hitting a single dragon for a whole shoe and what is the chance of you not hitting a single dragon for two whole shoes?




Regarding the Dragon 7 side bet, the probability of its not winning even once in 80 hands is about: ( 1 - 1/45 )^80 = 17%.

And for 160 hands, the probability of not winning even once is about: ( 1 - 1/45 )^160 = 3%.
7craps
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December 6th, 2018 at 11:46:58 AM permalink
Quote: kiho0297

what is the chance of you not hitting a single dragon for a whole shoe and what is the chance of you not hitting a single dragon for two whole shoes?

interesting question as you must have seen those events?
the probability is closer to 1/44.38 (and matches 2 large simulations)

so here is a table for 1 and 2 shoes with NO dragon 7
depending on the average number of rounds per shoe
(I have seen now between 14 and 52 cards cutoff at casinos, maybe trying to put a dent in counting the dragon 7)
74 rounds about right for 52 cards cutoff
roundsno 1 shoe1 inno 2 shoes1 in
810.1578636846.3350.02492094340.127
800.1615027736.1920.02608314638.339
790.165225756.0520.02729954936.631
780.169034555.9160.02857267934.998
770.1729311515.7830.02990518333.439
760.1769175775.6520.03129982931.949
750.1809958995.5250.03275951530.525
740.1851682345.4000.03428727529.165
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kiho0297
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December 6th, 2018 at 12:44:56 PM permalink
I ve been playing the way that I will break even if I hit one dragon in 80 hands shoe. Devided 80 hands into 4 different betting sizes. Depend on which point of shoe I hit, I make different amount and i have not lost yet in about 4 sessions I tried which I stopped playing after about $400 profit. I tried $10 x 34hands, $20 x 23hands, $30 x 12hands and $40 x 11hands with $1600. So in numbers, how often am I supposed to lose and what outcome am I supposed to expect?
7craps
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December 6th, 2018 at 1:10:03 PM permalink
Quote: kiho0297

So in numbers, how often am I supposed to lose and what outcome am I supposed to expect?

just about 1 in 6 shoes on average have NO Dragon 7

Are you aware that you can count for the Dragon 7 bet
and done correctly have an edge over that bet?

your method of shoe play looks fun and adds some thrill.

I have yet to see how the Dragon 7 is distributed through a shoe
(I know about the 1.8 times on average per shoe it hits)

think I run a simulation for fun and get the Dragon 7 hand Index distribution
so all can see it
(i guess all rounds are equal, not 100% sure with card removal)

and as expected
here is data (1 million shoes sampled - 8 deck 14 cards cutoff)
handcountprob
1227160.012401513
2224740.012269396
3226560.012368757
4222540.01214929
5223430.012197878
6225680.012320714
7227270.012407518
8223900.012223537
9225990.012337638
10226790.012381313
11226150.012346373
12225690.01232126
13225390.012304882
14224920.012279223
15227500.012420075
16224850.012275401
17223070.012178225
18223600.012207159
19226760.012379675
20226090.012343098
21224750.012269942
22224150.012237186
23223860.012221354
24224710.012267758
25225040.012285774
26225310.012300514
27223330.012192419
28228950.012499236
29223800.012218078
30223660.012210435
31226140.012345827
32223770.01221644
33225360.012303244
34224360.01224865
35226690.012375854
36224720.012268304
37225720.012322898
38225480.012309795
39222310.012136733
40225390.012304882
41226680.012375308
42224490.012255748
43224080.012233364
44226380.01235893
45226530.012367119
46225340.012302152
47225250.012297239
48227910.012442458
49224900.012278131
50226770.012380221
51226290.012354016
52224630.012263391
53226270.012352924
54227240.01240588
55224760.012270488
56222240.012132912
57226220.012350195
58225650.012319076
59226880.012386227
60226300.012354562
61225460.012308704
62225310.012300514
63224560.012259569
64227220.012404789
65227170.012402059
66224710.012267758
67228750.012488317
68224240.012242099
69223210.012185868
70224420.012251926
71225840.012329449
72224520.012257385
73226530.012367119
74224790.012272126
75224330.012247013
76224340.012247559
77225650.012319076
78221550.012095242
79216940.011843565
80194970.010644141
81154550.008437462
82100670.005495951
8351410.002806664
8419140.001044924
855160.000281704
861095.95072E-05
87191.03728E-05
8815.45937E-07
Last edited by: 7craps on Dec 6, 2018
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kiho0297
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December 6th, 2018 at 3:19:36 PM permalink
So if you are supposed to have no Dragon 1 out 6 shoes and assumming that i am gonna lose $1600 one out of six shoes avg, then I need 5 dragons total out of 6 shoes to not lose money? It seems too easy to hit 5 dragons in 6 shoes where you see more than one dragon each shoes too. Looks like i need to make $320 and up for 5 sessions, and lose one to break even. You think is it easier to win $320 or more each session for 5 times or is it easier to lose $1600 in 6 sessions?
7craps
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December 7th, 2018 at 9:11:06 AM permalink
Quote: kiho0297

So if you are supposed to have no Dragon 1 out 6 shoes and assumming that i am gonna lose $1600 one out of six shoes avg,

exactly
Quote: kiho0297

then I need 5 dragons total out of 6 shoes to not lose money?

LOL. the Dragon 7 bet would have been taken away if that was 100% true.
when you only get 1 D7 per shoe, well over 50% of the time you still show a LOSS for that shoe.
45% of shoes have 0 or 1 D7.
this is very easily seen in a simple simulation
and about 25% of the shoes when you get 2 D7s still ends in a loss for that shoe.
and you still have not hit your target of $400 to stop. that might have to be reconsidered.
Quote: kiho0297

It seems too easy to hit 5 dragons in 6 shoes where you see more than one dragon each shoes too.

remember you will have a cumulative LOSS at the time you hit a D7.

question is can you overcome the 7+% house edge?
that is a loss of about $112 per shoe over $1600 wagered, on average.

I think you need to work this through or just keep playing
until you lose more.

you have won so far by luck alone and the house edge never goes away
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Ayecarumba
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December 7th, 2018 at 9:26:02 AM permalink
Learn to count the Dragon 7, then only bet when the conditions are ripe. The casino will also entice you to bet the Panda 8 and Tie, so there are lots of other ways in this game to separate you from your money.
Simplicity is the ultimate sophistication - Leonardo da Vinci
7craps
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December 7th, 2018 at 9:52:40 AM permalink
Quote: Ayecarumba

Learn to count the Dragon 7,

yes
Quote: Ayecarumba

then only bet when the conditions are ripe.

super boring Play could cause a 'no having fun' moment, no matter winning or losing

maybe a combination as the OP may want to bet more than 6 times on average per shoe

excitement every hand, eyes glued to the cards looking for that Dragon 7
and variance high enough for that rush!

have fun no matter what you do
just remember, you only win by luck, without counting, no matter
how much you bet and how you feel at the time you play
the cards do not care about you
winsome johnny (not Win some johnny)
Ayecarumba
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December 7th, 2018 at 10:01:49 AM permalink
Quote: 7craps

...no matter...how you feel at the time you play
the cards do not care about you



These are words to live by.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Goldendragon
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March 13th, 2021 at 1:56:33 AM permalink
If anyone is interested work on a strategy for the Dragon Bonus, DM me. I have been working and testing out my own strategy for couple years now and would love to discuss it with others who understand.
DRich
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March 13th, 2021 at 7:43:03 AM permalink
Quote: Goldendragon

If anyone is interested work on a strategy for the Dragon Bonus, DM me. I have been working and testing out my own strategy for couple years now and would love to discuss it with others who understand.



Or just read Eliot's book.

At my age, a "Life In Prison" sentence is not much of a deterrent.
teliot
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March 13th, 2021 at 12:29:19 PM permalink
Quote: DRich

Or just read Eliot's book.

Even easier ...

https://www.888casino.com/blog/side-bets/card-counting-the-dragon-bonus-baccarat-side-bet
Climate Casino: https://climatecasino.net/climate-casino/
Goldendragon
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March 13th, 2021 at 1:00:46 PM permalink
It can get more complicated and detailed then that, but my strategy has worked.
teliot
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March 13th, 2021 at 2:28:23 PM permalink
Quote: Goldendragon

It can get more complicated and detailed then that, but my strategy has worked.

I suppose you could edge sort this side bet or key card it if you knew something about the shuffle. But as far as counting the side bet, it's nearly worthless and I hope that's not what you are suggesting.
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manoharmd
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June 11th, 2021 at 8:53:12 AM permalink
Hi

I got below results from my simulator for Dragon-7 side bet. I ran for 1 Million games per session. Even for 100000 games per session also, Dragon-7 bet is returning positive EV for every session.

If any one has done similar analysis, Kindly share the details

Session-id: 1 Total-Shoes: 17908 Total-Games: 1000000 Player-Games: 493197 Banker-Games: 506803
Dragon-Count: 25170 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1031970 Final-Dragon-Win-Loss-Amount: 31970

Session-id: 2 Total-Shoes: 17918 Total-Games: 1000000 Player-Games: 492954 Banker-Games: 507046
Dragon-Count: 25097 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1028977 Final-Dragon-Win-Loss-Amount: 28977

Session-id: 3 Total-Shoes: 17925 Total-Games: 1000000 Player-Games: 492862 Banker-Games: 507138
Dragon-Count: 25118 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1029838 Final-Dragon-Win-Loss-Amount: 29838

Session-id: 4 Total-Shoes: 17917 Total-Games: 1000000 Player-Games: 493594 Banker-Games: 506406
Dragon-Count: 25087 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1028567 Final-Dragon-Win-Loss-Amount: 28567

Session-id: 5 Total-Shoes: 17919 Total-Games: 1000000 Player-Games: 492977 Banker-Games: 507023
Dragon-Count: 25267 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1035947 Final-Dragon-Win-Loss-Amount: 35947

Session-id: 6 Total-Shoes: 17917 Total-Games: 1000000 Player-Games: 493002 Banker-Games: 506998
Dragon-Count: 25071 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1027911 Final-Dragon-Win-Loss-Amount: 27911

Session-id: 7 Total-Shoes: 17924 Total-Games: 1000000 Player-Games: 492607 Banker-Games: 507393
Dragon-Count: 25144 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1030904 Final-Dragon-Win-Loss-Amount: 30904

Session-id: 8 Total-Shoes: 17917 Total-Games: 1000000 Player-Games: 493901 Banker-Games: 506099
Dragon-Count: 25326 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1038366 Final-Dragon-Win-Loss-Amount: 38366

Session-id: 9 Total-Shoes: 17913 Total-Games: 1000000 Player-Games: 493812 Banker-Games: 506188
Dragon-Count: 25060 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1027460 Final-Dragon-Win-Loss-Amount: 27460

Session-id: 10 Total-Shoes: 17919 Total-Games: 1000000 Player-Games: 492620 Banker-Games: 507380
Dragon-Count: 25284 Total-Dragon-Bet-Amount: 1000000 Dragon-Win-Amount: 1036644 Final-Dragon-Win-Loss-Amount: 36644
manoharmd
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June 11th, 2021 at 8:56:30 AM permalink
I have excluded Ties in the final data, no card counting also.
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June 11th, 2021 at 5:02:02 PM permalink
Quote: manoharmd

I have excluded Ties in the final data, no card counting also.



The dragon sidebet is documented link here to have an EV of about -0.076 without card counting. Yet you are calculating that the dragon sidebet is positive EV without card counting on every simulation?

Normally, when an analyst gets that kind of result, they start searching for the error in their spreadsheet/program. May I suggest that you do the same?
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manoharmd
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June 11th, 2021 at 6:56:52 PM permalink
Thank you very much for the reply.

I actually printed the game logs [Actual Cards] for the first session and cross checked few thousand games manually. I understood Dragon 7 bet is a -ve expectation bet. HenceI thought of asking whether any one else has programmed it before.

I will recheck one more time.

I have collected all side bet stats, Tie, SuperSix, LowTie, Any Pair, Specific Pair and Dragon-7. I was a little amused with the Dragon result.

As you said, there may be some hidden issue in my program

Thank you for your response
manoharmd
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June 12th, 2021 at 10:13:38 PM permalink
Hi

Could you please let me know where Ez-Baccarat variant? [Dragon 7 bet and No-commission on Banker win except it is a push iin case of Dragon-7 for Banker]

I searched many online sites that I have access from my location, India and none of them offering this baccarat variant

Thanks in Advance
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