LargeMarge
LargeMarge
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September 7th, 2012 at 7:53:14 AM permalink
I know in general the Banker bet in Baccarat has a small house edge, but at my local casino, they only charge commission on multiples of $5.

Therefore, if the table minimum is $10, and I bet $14 on Banker, the commission is still only 50 cents.

Is that enough to shift the edge to the player, or is there still a house edge?

Granted, this is limited to a "commission-free" bet of $4 per hand, so in the long-run I'm guessing it would take way too many hands to show a significant profit (unless I could bet $14 in every circle on the table).

The same question applies to Pai Gow, where they also use the same commission rule, but that's an even slower game so would take even longer to turn a decent profit.

Thanks!
WongBo
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September 7th, 2012 at 8:03:36 AM permalink
This reduces the edge on Banker to approx. 0.4%
Where is the casino?
In a bet, there is a fool and a thief. - Proverb.
FleaStiff
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September 7th, 2012 at 8:11:20 AM permalink
Quote: LargeMarge

Is that enough to shift the edge to the player, or is there still a house edge?

No, its not shifted to being in favor of the bettor, it is still in favor of the house but the edge is coming down and I'm gonna be standing on the corner hitchhiking soon anyway, so please tell me where I will be headin'.
LargeMarge
LargeMarge
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September 7th, 2012 at 8:27:11 AM permalink
It's at Rivers Casino just outside of Chicago.

What some people do, though I think it's because they just don't want to play the house minimum, is add a few bucks to other peoples' banker bets, since they don't have to pay commission when they win. But that just seems sketchy to me.
FinsRule
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September 7th, 2012 at 8:46:51 AM permalink
I've posted about this previously:

You get the .4% edge at Bac there while earning comps. They also have a very countable side bet.

I'll plagurize the Dos Equis guy: I don't usually like playing Bac, but if I do, I play at Rivers.
jc2286
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September 7th, 2012 at 9:11:16 AM permalink
Quote: FinsRule

I've posted about this previously:

You get the .4% edge at Bac there while earning comps. They also have a very countable side bet.

I'll plagurize the Dos Equis guy: I don't usually like playing Bac, but if I do, I play at Rivers.



Yeah but how much in comps are you really earning with a $14 bet? Sounds like it's not worth the time.
FinsRule
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September 7th, 2012 at 9:16:07 AM permalink
Quote: jc2286

Yeah but how much in comps are you really earning with a $14 bet? Sounds like it's not worth the time.



You're right, depends on your goal. The money you really make comes on the side bet.
LargeMarge
LargeMarge
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September 7th, 2012 at 9:17:16 AM permalink
Quote: FinsRule

I've posted about this previously:

You get the .4% edge at Bac there while earning comps. They also have a very countable side bet.

I'll plagurize the Dos Equis guy: I don't usually like playing Bac, but if I do, I play at Rivers.



Sorry--I'm brand new to the forum and didn't search for prior posts on it. Do you have a post on the countable side bet?

It's a shame that the game goes so slowly, since otherwise that would be pretty interesting. And you could easily count at multiple tables simultaneously.
cestanl
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September 7th, 2012 at 9:42:34 AM permalink
I've been to Rivers casino 3 separate times.... and have yet to find a seat open at all at ANY game... i've just about given up there lol.
FinsRule
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September 7th, 2012 at 9:51:56 AM permalink
Quote: LargeMarge

Sorry--I'm brand new to the forum and didn't search for prior posts on it. Do you have a post on the countable side bet?

It's a shame that the game goes so slowly, since otherwise that would be pretty interesting. And you could easily count at multiple tables simultaneously.



No problem, I always just post again instead of searching. It's too difficult.

There is definitely a post on the side bet somewhere on here, I'll try to look for it.
FinsRule
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September 7th, 2012 at 9:52:35 AM permalink
Quote: cestanl

I've been to Rivers casino 3 separate times.... and have yet to find a seat open at all at ANY game... i've just about given up there lol.



Yeah, it's frustrating. And I'm a person who likes to get up walk around and try new things, so Rivers does not really work for me at all.
guido111
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September 7th, 2012 at 10:48:38 AM permalink
Quote: LargeMarge

It's at Rivers Casino just outside of Chicago.

IMO, Sounds like a low-class place.
This has to be a rare exception for Bac Banker bets.

I have played Bac all over the US and Europe and most all only allow Banker bets that are divisible by $5.
I can not even remember ever seeing a table allowing a $14 bet unless it was on the Player bet.

They know what you are trying to do so they should charge you a vig for $15.
If this casino actually allows this, shows that they are not really that smart and are in a very small minority.

Quote: LargeMarge

What some people do, though I think it's because they just don't want to play the house minimum, is add a few bucks to other peoples' banker bets, since they don't have to pay commission when they win. But that just seems sketchy to me.


Now back betting is allowed in many casinos, but still they know what a player is trying to do. Bet lower than the minimum bet.
A dealer can easily stop that kind of play.
buzzpaff
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September 7th, 2012 at 11:48:20 AM permalink
It's at Rivers Casino just outside of Chicago.

IMO, Sounds like a low-class place.

These two statements seem redundant to me.
rdw4potus
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September 7th, 2012 at 12:55:04 PM permalink
Quote: guido111


They know what you are trying to do so they should charge you a vig for $15.
If this casino actually allows this, shows that they are not really that smart and are in a very small minority.



Rounding up is not allowed in most jurisdictions. Of course, most casinos don't allow main bets in anything other than $5 increments on these games, either...

My home card club has $0.50 chips and no quarters. So a $15 bet pays $0.50 commission on PGP & bacc. Unlike Rivers, that really is kind of a low-class place:-)
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
24Bingo
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September 7th, 2012 at 2:44:21 PM permalink
Looks to me like the commission would have to be just under 2.7% for the banker bet to be 0EV. So even if you could bet $9, the edge would still only be reduced.
The trick to poker is learning not to beat yourself up for your mistakes too much, and certainly not too little, but just the right amount.
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