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hyngchl1
hyngchl1
Joined: Nov 20, 2017
  • Threads: 2
  • Posts: 6
January 26th, 2018 at 12:36:12 PM permalink
Has anyone tried playing Baccarat as a small side job to supplement income? I play 5 days a week and I have found it to be very successful. People say "oh it can not be beaten" but with patience and self-control, it can be beaten. I start with a $3,000 bankroll and flat bet anywhere between $5-$10. I follow a flat betting strategy (no progression betting) and simply stop when I make $20 profit. I don't follow silly patterns. My bets are completely random and I just follow my intuition. When my gut tells me to sit out for a couple rounds, I sit out. Very simple. I follow this and make $100 a week (not a lot but money is money and it supplements my income. I have a full time job and do other side hustles as well :) )
TigerWu
TigerWu
Joined: May 23, 2016
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January 26th, 2018 at 1:23:18 PM permalink
What's the average time at the table it takes for you to make that $20?
hyngchl1
hyngchl1
Joined: Nov 20, 2017
  • Threads: 2
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January 26th, 2018 at 1:53:43 PM permalink
It can take anywhere from 10 minutes to an hour. The key here is to never play using a progressive betting strategy. Keep calm and don't chase losses. Just keep on flat betting. ($5-$10 bets, I like to start with a 3K bankroll like I said. I usually stick with $5 flat bets just to be on the very safe side) Also, patterns don't mean jack really. Bets should be completely random. Listen to your gut. (That's why I like having the roadmap off. I play online BTW with a live dealer) I only advise this as a small "side hustle" to supplement your existing income. $100 a week is more than reasonable with this type of approach. Simply stop after you win $20 and call it a night.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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January 26th, 2018 at 2:21:48 PM permalink
"Gut", "patience", and "self-control" will only lead to the poor house.
DUHHIIIIIIIII HEARD THAT!
BlackjackGuy123
BlackjackGuy123
Joined: Jul 27, 2017
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January 26th, 2018 at 2:25:06 PM permalink
This is not a good way to make money. The problem with Baccarat is that there is a house edge. What this means is that in the long run you should expect to lose 1% of your total action. In the short term you may win because of variance but over the long run it is extremely likely that you will lose money. There are ways to win at gambling, such as counting cards or being good at poker, but just sitting down and playing a negative ev game is not a good way to make money.
sabre
sabre
Joined: Aug 16, 2010
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January 26th, 2018 at 2:26:29 PM permalink
Your strategy is sound. Don't listen to anyone who says otherwise.
TigerWu
TigerWu
Joined: May 23, 2016
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January 26th, 2018 at 2:30:41 PM permalink
Quote: sabre

Your strategy is sound. Don't listen to anyone who says otherwise.



It's definitely sound from a money management point of view, but not mathematically.
gamerfreak
gamerfreak
Joined: Dec 28, 2014
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January 26th, 2018 at 2:53:49 PM permalink
Quote: hyngchl1

Simply stop after you win $20 and call it a night.


There is a 100% certainty that your losing sessions will eventually exceed your winning sessions.
FinsRule
FinsRule
Joined: Dec 23, 2009
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January 26th, 2018 at 3:02:11 PM permalink
Quote: gamerfreak

There is a 100% certainty that your losing sessions will eventually exceed your winning sessions.



That's false.
FinsRule
FinsRule
Joined: Dec 23, 2009
  • Threads: 123
  • Posts: 3781
January 26th, 2018 at 3:02:11 PM permalink
Quote: gamerfreak

There is a 100% certainty that your losing sessions will eventually exceed your winning sessions.



EDIT - Duplicate post (weird)

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