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islandman4life
islandman4life
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May 17th, 2016 at 9:13:28 AM permalink
If my bankroll is $10 and I bet $1 each bet and I only bet on the banker. What is the probability of me getting to $5 5 or 10 times. For example when I reach to $15 I take off $5 and repeat the process 5 or 10 times.
Romes
Romes
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May 17th, 2016 at 10:54:01 AM permalink
If you're trying to do this to actually make money it won't work. If you're doing this for fun, then have fun but expect to lose. The game carries a negative house edge built in, let alone your "bankroll" can't withstand any variance so you have a high probability of Risk of Ruin (RoR) and this seems online which means even if you somehow did get lucky and make some money you'd have to deal with every fear that comes from playing online (not getting paid, cash out delays, cash out fees, etc). Probably worth investing your time in to something else =P.
Playing it correctly means you've already won.
mustangsally
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May 17th, 2016 at 11:08:29 AM permalink
Quote: islandman4life

If my bankroll is $10 and I bet $1 each bet and I only bet on the banker.

what version of Baccarat?
If it is regular Bacc your $1 win pays 95 cents plus the $1 back

I have a table of data for Banker and Player bets for hitting goals and ruin
with 10 unit bankroll (handy)

but i no show
unless i know what a $1 Banker bet pays where you play when it wins

commission free versions have something different for the Banker win at times

super fun!
<<< >>>
the interesting thing is Player has the better chance of turning $10 into $15 than Banker, yep
do to paying even money when the Banker win pays a 5% commission

do tell
my Mom wants to go play Baccarat tonight
Sally
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islandman4life
islandman4life
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May 17th, 2016 at 11:54:28 AM permalink
I am playing the regular baccarat I get $1.95 on banker bet of $1. So you say it make sense to place the bet only on player? Can you please show the data thanks I would really appreciate that.
islandman4life
islandman4life
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May 17th, 2016 at 12:06:24 PM permalink
I just played on the wizard's site and every time I play and bet on the player I get wipe out. But I always reach to $5 whiles betting on the banker.
islandman4life
islandman4life
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May 17th, 2016 at 12:08:04 PM permalink
Quote: Romes

If you're trying to do this to actually make money it won't work. If you're doing this for fun, then have fun but expect to lose. The game carries a negative house edge built in, let alone your "bankroll" can't withstand any variance so you have a high probability of Risk of Ruin (RoR) and this seems online which means even if you somehow did get lucky and make some money you'd have to deal with every fear that comes from playing online (not getting paid, cash out delays, cash out fees, etc). Probably worth investing your time in to something else =P.



I live next to a gambling house and they own a gambling website. I can withdraw as many money per day in a multiple of $5.
So no fee of cashing out because where I live we have no tax.
OnceDear
OnceDear
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May 17th, 2016 at 12:59:26 PM permalink
Quote: islandman4life

I live next to a gambling house and they own a gambling website. I can withdraw as many money per day in a multiple of $5.
So no fee of cashing out because where I live we have no tax.



So what?
Do you live on an island where the laws of mathematics are different? Where Casinos allow money to just flow out of their hands into yours? An island where physical truths that have been pored over and worked through and analysed for hundreds of years just turn out to be wrong? And you, with your $10 bankroll are just going to draw funds out to live on forever.
Stop posting dude, start reading the words and answers that you have pleaded for. We don't need to do your specific and simple maths questions to tell you that you are setting yourself up to bleed all your money to the casino, 50c or $1 or $10 or $100 at a time.
The casino is not a free cash dispenser (ATM) that gives you free money if you just hit the buttons to a sequence that you designed.
You are not that clever. They are not that dumb or generous.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
islandman4life
islandman4life
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May 17th, 2016 at 1:05:52 PM permalink
Quote: OnceDear

So what?
Do you live on an island where the laws of mathematics are different? Where Casinos allow money to just flow out of their hands into yours? An island where physical truths that have been pored over and worked through and analysed for hundreds of years just turn out to be wrong? And you, with your $10 bankroll are just going to draw funds out to live on forever.
Stop posting dude, start reading the words and answers that you have pleaded for. We don't need to do your specific and simple maths questions to tell you that you are setting yourself up to bleed all your money to the casino, 50c or $1 or $10 or $100 at a time.
The casino is not a free cash dispenser (ATM) that gives you free money if you just hit the buttons to a sequence that you designed.
You are not that clever. They are not that dumb or generous.



I am expecting to lose I never said I plan on winning every time. I don't mind trying $10 a day for a luck to get $25 -$50
OnceDear
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May 17th, 2016 at 1:15:04 PM permalink
Quote: islandman4life

I am expecting to lose I never said I plan on winning every time. I don't mind trying $10 a day for a luck to get $25 -$50


So, you'd be delighted to invest $10 every day of the year and end each month and each quarter and each year with less than you started with.... the occasional day or week you would have a profit for that day or week, but that gets reversed by days and weeks where you leave the casino with nothing?


No. You expect to win overall. That won't happen.?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
islandman4life
islandman4life
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May 17th, 2016 at 1:19:46 PM permalink
I don't know if i expect to be a winner overall but I will try. I get nothing to lose "life" is the only thing I can lose.
I plan to play with 2 different casino houses if I lose 1 maybe I can win on the other.
OnceDear
OnceDear
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May 17th, 2016 at 1:22:06 PM permalink
Quote: islandman4life

I don't know if i expect to be a winner overall but I will try. I get nothing to lose "life" is the only thing I can lose.
I plan to play with 2 different casino houses if I lose 1 maybe I can win on the other.

That's called gambling for fun. I'm not knocking it.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
islandman4life
islandman4life
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May 17th, 2016 at 1:51:10 PM permalink
If I get to $5 with the banker should I switch to player bet to get to $5 again or just always bet on banker for optimal bets?
AxelWolf
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May 17th, 2016 at 1:55:27 PM permalink
Quote: islandman4life

If I get to $5 with the banker should I switch to player bet to get to $5 again or just always bet on banker for optimal bets?

It really doesn't matter. You should always just bet the best EV. The last hand has nothing to to with the next hand.

>>Research gambler's fallacy before you even start.<<

Once you have an understanding of that and actually believe there's no way to beat a -EV game, you will have a better chance at not becoming addicted or doing something risky or dumb.

Embrace numbers and math, NOT voodoo and betting systems. If you can do that there's a chance you might actually be able to find and exploit a +EV situation. At minimum it may help you become a better and a reasonable gambler.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
islandman4life
islandman4life
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May 17th, 2016 at 2:20:23 PM permalink
Ok What if i put on $60 and bet $2.50 on player and martingale it out?
mustangsally
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May 17th, 2016 at 2:50:49 PM permalink
Quote: islandman4life

I am playing the regular baccarat I get $1.95 on banker bet of $1.

regular Baccarat
good
Quote: islandman4life

So you say it make sense to place the bet only on player?

you can see for yourself
when I play on WoO Bacc on player I do very well turning 10 units into 15
about 62 out of 100 tries (table looks good from here)
Quote: islandman4life

Can you please show the data thanks I would really appreciate that.

here it is
remember if you are trying to win $1 and win the 1st Banker bet you have gained only 95 cents and need another win to hit 100 cents
.
that makes it very possible to go over your target and lower your chances
will not happen betting the Player

most hate betting the Player too
start bankunit gainend bankPlayerPlayer RuinBankerBanker RuinFairFair Ruin
1011189.62%10.38%82.98%17.02%90.91%9.09%
1021280.98%19.02%75.76%24.24%83.33%16.67%
1031373.68%26.32%69.76%30.24%76.92%23.08%
1041467.43%32.57%64.22%35.78%71.43%28.57%
1051562.03%37.97%59.41%40.59%66.67%33.33%
1061657.31%42.69%55.02%44.98%62.50%37.50%
1071753.15%46.85%51.10%48.90%58.82%41.18%
1081849.46%50.54%47.75%52.25%55.56%44.44%
1091946.17%53.83%44.53%55.47%52.63%47.37%
10102043.22%56.78%41.69%58.31%50.00%50.00%
10203024.75%75.25%24.23%75.77%33.33%66.67%
10304015.85%84.15%15.81%84.19%25.00%75.00%


Sally

added:
here is a different goal/ruin table where the Banker bet only has to win 1 unit
so IF the bet is $20 and it wins the unit win = $19 and the goal is hit.
($1 pays 95 cents so the unit win = 95 cents)
that makes the Player bet a unit win also
start bankunit gainBankerBanker RuinPlayerPlayer Ruin
10187.16%12.84%89.62%10.38%
10278.08%21.92%80.98%19.02%
10371.05%28.95%73.68%26.32%
10465.19%34.81%67.43%32.57%
10560.32%39.68%62.03%37.97%
10655.91%44.09%57.31%42.69%
10752.18%47.82%53.15%46.85%
10848.72%51.28%49.46%50.54%
10945.78%54.22%46.17%53.83%
101043.01%56.99%43.22%56.78%
102025.52%74.48%24.75%75.25%
103016.84%83.16%15.85%84.15%
Last edited by: mustangsally on May 17, 2016
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odiousgambit
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May 17th, 2016 at 2:55:42 PM permalink
Quote: islandman4life

Ok What if i put on $60 and bet $2.50 on player and martingale it out?



Kentry, is that you? Baccarat now?
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
soxfan
soxfan
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May 17th, 2016 at 2:59:19 PM permalink
Good to see cats talkin baccarats again, on here, hey hey.
" Life is a well of joy; but where the rabble drinks too, all wells are poisoned!" Nietzsche
mustangsally
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May 17th, 2016 at 3:07:01 PM permalink
Quote: islandman4life

What is the probability of me getting to $5
5
or
10 times.
For example when I reach to $15 I take off $5 and repeat the process 5 or 10 times.

By my data, 0.62^5 or 0.62^10 for Player
that = 0.0916132832 (about 1 in 11) for 5 times in a row ($25)

for 10 times in a row = 0.00839 (about 1 in 119) ($50)
(both dogs)

you should be able to do the Banker bet using the probability in the table I showed.

it looks boring unless you have a super-duper bet selection method that can win more often than on average.
that way you win over a lifetime of play and those haters will mean nothing as they do (due)

some love haters too
Sally
I Heart Vi Hart
AxelWolf
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May 17th, 2016 at 3:08:53 PM permalink
Quote: odiousgambit

Kentry, is that you? Baccarat now?

♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
mustangsally
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May 17th, 2016 at 3:19:16 PM permalink
Quote: AxelWolf

The last hand has nothing to to with the next hand.

yes it does
you are not speaking the truth (medications can help)

the card removal effect applies to Baccarat too from a 6 or 8 deck shoe

the probabilities of a win does change as cards are removed from the shoe.
unless you can prove it does not
this is easy to understand for those that want to learn.
<<< >>>
for those that know it all
"life is hell" for many if not all

and nothing one can do to stop a (ANY)
Bacc player (like my Mom)
from being a lifetime winner at the game
using secret (her) bet selection methods at EZ Baccarat

Sally
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AxelWolf
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May 17th, 2016 at 3:57:40 PM permalink
Quote: mustangsally

yes it does
you are not speaking the truth (medications can help)

the card removal effect applies to Baccarat too from a 6 or 8 deck shoe

the probabilities of a win does change as cards are removed from the shoe.
unless you can prove it does not
this is easy to understand for those that want to learn.
<<< >>>
for those that know it all
"life is hell" for many if not all

and nothing one can do to stop a (ANY)
Bacc player (like my Mom)
from being a lifetime winner at the game
using secret (her) bet selection methods at EZ Baccarat

Sally

IT'S AN ONLINE CASINO probably shuffled after each hand. There's no way to know. And even if we were talking about a real casino, we both know what he is getting at. It has nothing to do with counting or keeping track of what cards have been played. So he would be randomly guessing what side he should bet. In that case it could have a negative or positive effect and it doesn't matter enough to help him win or lose.

Again you try to mislead and confuse new players by using technicalities that are just confusing to them.

Perhaps you lack the ability to actually understand what people are asking.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
TwoFeathersATL
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May 17th, 2016 at 5:22:48 PM permalink
Quote: OnceDear

So what?
Do you live on an island where the laws of mathematics are different? Where Casinos allow money to just flow out of their hands into yours? An island where physical truths that have been pored over and worked through and analysed for hundreds of years just turn out to be wrong? And you, with your $10 bankroll are just going to draw funds out to live on forever.
Stop posting dude, start reading the words and answers that you have pleaded for. We don't need to do your specific and simple maths questions to tell you that you are setting yourself up to bleed all your money to the casino, 50c or $1 or $10 or $100 at a time.
The casino is not a free cash dispenser (ATM) that gives you free money if you just hit the buttons to a sequence that you designed.
You are not that clever. They are not that dumb or generous.

Dear Once dear,
you have been played. Too much typing in response to what seems a 'game'.
Just my take (10% ;-)
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
whodat
whodat
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May 17th, 2016 at 5:35:26 PM permalink
AW,
Can you actually count cards in Baccarat like you could in BJ?
AxelWolf
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May 17th, 2016 at 7:41:29 PM permalink
Quote: whodat

AW,
Can you actually count cards in Baccarat like you could in BJ?

If you want to bet thousands and make pennies.

That's overstated but you get the point. If you had an honest online casino and the conditions were right there's a chance it might have some value. However you'll be doing mostly waiting and rarely betting.

But honestly I don't know enough about it because I never attempted it and don't know anyone close that has.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
whodat
whodat
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May 17th, 2016 at 7:54:04 PM permalink
Thanks for the reply but I meant in a live casino. Personally I don't see how it could.
OnceDear
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May 18th, 2016 at 12:28:52 AM permalink
Quote: TwoFeathersATL

Dear Once dear,
you have been played. Too much typing in response to what seems a 'game'.
Just my take (10% ;-)


Yup!
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
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