jhearta
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April 6th, 2013 at 12:21:08 PM permalink
Is it advantageous to bet banker and dragon on every hand? I tested this theory at home with an 8 deck shoe betting the minimum of $15 and $10 on the dragon. I started with a bankroll of $500 and ended with $2500 after one shoe. Has anyone tried this at the casino? I have bet the dragon only once at the casino with $25 and hit it that one time.
Beethoven9th
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April 6th, 2013 at 12:38:58 PM permalink
Baccarat is a negative expectation game.
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DMSCR
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April 6th, 2013 at 12:47:58 PM permalink
Other than Banker or Player, stay far away from these side/sucker bets.. You may win a few of these bets but in the long run the wins will not make up for all those "little" bets that you put on the side. What is worst is if you win these bets because then you will always be tempted to bet them. Best is to figure out when to put on Banker or Player or not bet at all until that moment comes and manage your risk/bet selection carefully.
DMSCR
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April 6th, 2013 at 12:51:50 PM permalink
Quote: Beethoven9th

Baccarat is a negative expectation game. You will always lose in the long run.



Yes and no. Yes it is a negative expectation game. That is why you never stay over your own welcome and get the hell out of the table you are playing at the time when you hit the profit target you intended to reach or when things don't go your way. The trick is is to figure what those metrics are. That is to be discovered and planned BEFORE you hit that tables to wager real money. That is why many have fallen because they have not prepared/practiced properly. And no you can't lose in the long run if you know what your goals and purpose are.
jhearta
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April 6th, 2013 at 1:52:37 PM permalink
On average, it has been stated that the 3 card 7 dragon comes up twice in an 8 deck shoe. It pays 40:1. If it comes up once with a $10 bet, that is a $400 payout. I have seen the dragon appear at least twice in every baccarat game I have played in a casino, and at best, 3 dragons after 30 hands. I have not tried out my theory yet. With only a $500 bankroll, I will give it a try and let everyone know how it turns out. I was wondering if anyone has tried it yet. Thanks so much for your reply.
Beethoven9th
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April 6th, 2013 at 2:00:43 PM permalink
Quote: DMSCR

And no you can't lose in the long run if you know what your goals and purpose are.


Since you've figured out how to beat mathematics, please share with the rest of us.
Fighting BS one post at a time!
Beethoven9th
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April 6th, 2013 at 2:04:23 PM permalink
Quote: jhearta

With only a $500 bankroll, I will give it a try and let everyone know how it turns out. I was wondering if anyone has tried it yet.


Yes, I see people play like that all the time.....and they are all in the hole, unfortunately. At $10 a pop, you will be out $700 to $800 if there are no dragons in the shoe (which happens a lot more than you think).
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DMSCR
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April 6th, 2013 at 2:05:09 PM permalink
Figuring out these Dragon Bets/Ties/Dragon 7/Panda 8 bets is like trying to hit a target that is moving while you are moving yourself and blindfolded. If you can do that consistently I bow to you!
DMSCR
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April 6th, 2013 at 2:07:58 PM permalink
Very true. I have seen folks up $800 and once $4,000 playing these side bets along with the usual Banker and Player bets yet at the end they are down to just a few chips because they are throwing so many "little" bets towards these side bets. As the payouts maybe very tempting but one has to look at the odds of them happening.
DMSCR
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April 6th, 2013 at 2:12:50 PM permalink
Quote: Beethoven9th

Quote: DMSCR

And no you can't lose in the long run if you know what your goals and purpose are.


Since you've figured out how to beat mathematics, please share with the rest of us.



Look at all the math that is presently out there even with the Great Wizard. It is all based on 50/50 and if one based on this present finding you are not going to win in the long run. What I have and discovered doesn't cover everything. Yet. What is missing right now is Baccarat Microstructure. The most elusive element and the Higgs Boson of this game. I am sure one day some MIT genius is going to discover that and exploit it to the hilt. Plus he/she/they are going to publicly disclose the findings and then we are all back to square one. Like blackjack and poker.

It is also not about the system/methodology when it comes to baccarat. It is about the process and execution. Your ability to adjust, adapt, prepare and to think ahead. When I said ahead I don't mean predicting/forecasting. What I mean is that once you find something that works you better find weaknesses and then solution(s) to those weaknesses. Symmetry and supersymmetry come into play in this one.

My pattern(s) has remained the same yet the approach(es) to find them has changed eight times through out these three years. For example the way(s) you play a light choppy shoe would be different in how you find a clumped up deep penetrating one and vice versa.
gr8player
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April 6th, 2013 at 3:03:19 PM permalink
Oh, Beethoven9th, I cannot easily express just how incorrect this statement can be. You're painting with a rather broad brush here, no? Also, you're assuming quite a lot, my friend.

Now, that all said, you do appear to me as an intelligent person, and, most definitely, the mathematics of the game is surely on your side of the fence. I get that just as well as you do, please make no mistake of it.

But, I am of the belief that we, as players, can attain an edge even greater than the daunted house's edge. I happen to believe that the sum of my player's edges all add up to more than the house's built-in advantage, over the long run.

Think about it for a minute, just for paractical purposes:

How many times, while playing in a casino, have you been "ahead"? Even one unit? Doesn't matter the amount...simply, ahead (read: winning)?

I'd ventutre a guess that it's happened rather often. Very often.

Now, have you ever calculated the percentages of the times that you actually left that table as a winner? Hmmmm....not quite as often, right? That "ahead" figure takes quite a bit of a hit, right?

Now, lastly Beethoven9th, when you did lose, did you blame that loss on that same. daunted house edge? Can't win, right? The math, that casino edge, just can't be beaten, correct? Isn't that the main reason for your own, personal futilities?

If you answer in the affirmative, I can only suggest the following:

Quit. Don't play this game if you feel you cannot possibly overcome the casino's edge. Because, and trust me on this one....you never will. It's a self-fulfilling prophecy...you've sealed your own fate before you even take a chair in the place.

Me? I haven't the math on my side either. I am supposed to lose. That bears repeating: I AM SUPPOSED TO LOSE.

Except for one thing: I refuse to lose, long-term speaking. I won't allow it.

So I adjusted my Bac game to pit myself...every time...in the very best possible position to succeed.

I control that. Not the casino. Me. All their math won't change it. I get up from the seat when I DEEM IT BEST.

I don't play to lose, and I don't sit there prayin' that I don't lose. Rather, I've chosen to bet on ME. My play. My money. My judgements.

I'll take that, for an hour or two at a time, over all their casino math. Every time. I'll bet on ME. And I do.
Beethoven9th
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April 6th, 2013 at 3:10:33 PM permalink
Quote: gr8player

But, I am of the belief that we, as players, can attain an edge even greater than the daunted house's edge. I happen to believe that the sum of my player's edges all add up to more than the house's built-in advantage, over the long run.


That's not an 'edge' which allows you to win. It's called 'variance'.

Be honest...you lose at baccarat just like the rest of us.
Fighting BS one post at a time!
jhearta
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April 6th, 2013 at 3:17:33 PM permalink
I agree, gr8player, that many times, our losses are the fault of ours because we don't walk when we are ahead and want to continue the winning rush. As many of us know, our bankroll doesn't last very long when we continue to chase that winning rush when we are encountering a losing streak. I am very guilty of that. The first time I played baccarat 1 month ago, I bought in at $300 and walked away with $23,000 after one 8 deck shoe. I haven't been able to repeat that, but I have doubled or increased my bankroll by 5 times only to lose it all because I want to continue the winning rush. We must learn how to walk when we are ahead, which is the toughest thing to do. I am only trying to experiment a different playing strategy :) Thank you for your feedback.
jhearta
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April 6th, 2013 at 3:19:48 PM permalink
Thank you all for your valuable feedback.
sodawater
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April 6th, 2013 at 3:21:17 PM permalink
Quote: gr8player

Oh, Beethoven9th, I cannot easily express just how incorrect this statement can be. You're painting with a rather broad brush here, no? Also, you're assuming quite a lot, my friend.

Now, that all said, you do appear to me as an intelligent person, and, most definitely, the mathematics of the game is surely on your side of the fence. I get that just as well as you do, please make no mistake of it.

But, I am of the belief that we, as players, can attain an edge even greater than the daunted house's edge. I happen to believe that the sum of my player's edges all add up to more than the house's built-in advantage, over the long run.

Think about it for a minute, just for paractical purposes:

How many times, while playing in a casino, have you been "ahead"? Even one unit? Doesn't matter the amount...simply, ahead (read: winning)?

I'd ventutre a guess that it's happened rather often. Very often.

Now, have you ever calculated the percentages of the times that you actually left that table as a winner? Hmmmm....not quite as often, right? That "ahead" figure takes quite a bit of a hit, right?

Now, lastly Beethoven9th, when you did lose, did you blame that loss on that same. daunted house edge? Can't win, right? The math, that casino edge, just can't be beaten, correct? Isn't that the main reason for your own, personal futilities?

If you answer in the affirmative, I can only suggest the following:

Quit. Don't play this game if you feel you cannot possibly overcome the casino's edge. Because, and trust me on this one....you never will. It's a self-fulfilling prophecy...you've sealed your own fate before you even take a chair in the place.

Me? I haven't the math on my side either. I am supposed to lose. That bears repeating: I AM SUPPOSED TO LOSE.

Except for one thing: I refuse to lose, long-term speaking. I won't allow it.

So I adjusted my Bac game to pit myself...every time...in the very best possible position to succeed.

I control that. Not the casino. Me. All their math won't change it. I get up from the seat when I DEEM IT BEST.

I don't play to lose, and I don't sit there prayin' that I don't lose. Rather, I've chosen to bet on ME. My play. My money. My judgements.

I'll take that, for an hour or two at a time, over all their casino math. Every time. I'll bet on ME. And I do.



All this means is that you chase losses and take small wins. It's probably the oldest betting system ever. It's also one of the stupidest. You are risking a lot of money to win a very little money. You are also wasting hours and hours of your time. Eventually you will have a gigantic losing session that will exhaust either your working bankroll or your emotional will to continue gambling.

Yes, you control when to "get up" from the table -- but do you think the cards recognize the idea of "sessions"? It's all one long game. You will lose the amount you bet times the house edge. Manipulating the pattern of wins and losses via negative betting progressions (or continuing to play during losing sessions, or quitting early when ahead) will not change this in the slightest.

You seem quite sure of yourself, which further affirms the saying that the more misguided the belief, the more fervently it is held.

Please educate yourself and them come back to this concept and see how wrong you were.
nezbit
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April 6th, 2013 at 4:22:04 PM permalink
dragon bet carries a fairly large -ev, it "could hit" on any given hand, but long run stay away from it, will just cost you money.
gr8player
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April 8th, 2013 at 8:32:20 AM permalink
Quote: Beethoven9th

That's not an 'edge' which allows you to win. It's called 'variance'.



I hear a BINGO callled....we have a WINNER!!!

I utilize the variances, both mine and my bet selection's variances, to enhance/sharpen my Bac play. Especially long-term speaking.

I say "viva la variance"....oh, and, yes, I consider my "variance tracking" as a vital part of my "edge".
gr8player
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April 8th, 2013 at 9:00:41 AM permalink
Quote: sodawater

Eventually you will have a gigantic losing session that will exhaust either your working bankroll or your emotional will to continue gambling.



"Projecting" much, Sodawater?

Methinks that you've suffered through this very fate yourself, and all you're left with is the very wrong assumption that the same fate lies in wake for every player.

>....the idea of "sessions"? It's all one long game.<

No, it is not.

It is the most major mistake of all the naysayers, IMHO......the dismissal of the inherent importance of "session play". Session play is a mind-set. It cannot, nor should not, be subjected to the same "mathematical figures" as if one were playing one million consecutive hands. If you cannot accept this premise, Sodawater, I'm afraid there is not too much left for us to discuss and/or debate.

But, that said, I will say it right here and right now, session play....heck, even down to "shoe play" at this game of Baccarat....makes all the difference in the world when considering one's chance for long term success, especially when pondering the over-all negative expectancy of the game. In other words, again, I happen to believe that my "Player's Edges", in totality, and because of my total control of each of them, effectively off-sets the negative expectancy sufficiently for profitability.

Lastly, and please take no offence, Sodawater, I also happen to believe that those that cannot adopt the very necessary mind-set that it takes to accept my premise are the first to leap to rather discouraging assessments of same.

I wish you the very best of it.
Beethoven9th
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April 8th, 2013 at 9:11:31 AM permalink
Quote: gr8player

Quote: Beethoven9th

That's not an 'edge' which allows you to win. It's called 'variance'.
Be honest...you lose at baccarat just like the rest of us.


I hear a BINGO callled....we have a WINNER!!!

I utilize the variances, both mine and my bet selection's variances, to enhance/sharpen my Bac play. Especially long-term speaking.

I say "viva la variance"....oh, and, yes, I consider my "variance tracking" as a vital part of my "edge".

Fighting BS one post at a time!
gr8player
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April 8th, 2013 at 9:58:09 AM permalink
Hmmm...I sense a recurring theme to your last couple of responses, Beethoven9th, if I may quote:

>....you lose at Baccarat just like the rest of us.<
>....you're a loser like the rest of us gamblers.<

Similar to my response to Sodawater, I sense yet another "projection", where one displaces their own shortfalls onto others.

I would prefer, Beethoven9th, if you would cease making frivolous judgements regarding me or my Bac play, neither of which you know very much about.

I know very well what variance is. Ponder this, my friend: I might even know how to utilize my variance stats to my own advantage. Interesting concept, isn't it?

I wish you all the very best of it.
Beethoven9th
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April 8th, 2013 at 10:59:46 AM permalink
Quote: gr8player

Hmmm...I sense a recurring theme to your last couple of responses, Beethoven9th, if I may quote:

>....you lose at Baccarat just like the rest of us.<
>....you're a loser like the rest of us gamblers.<

Similar to my response to Sodawater, I sense yet another "projection", where one displaces their own shortfalls onto others.

I would prefer, Beethoven9th, if you would cease making frivolous judgements regarding me or my Bac play, neither of which you know very much about.

Fighting BS one post at a time!
Beethoven9th
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April 8th, 2013 at 11:02:29 AM permalink
Quote: DMSCR

For example the way(s) you play a light choppy shoe would be different in how you find a clumped up deep penetrating one and vice versa.

Fighting BS one post at a time!
treetopbuddy
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April 8th, 2013 at 11:20:41 AM permalink
Quote: jhearta

I agree, gr8player, that many times, our losses are the fault of ours because we don't walk when we are ahead and want to continue the winning rush. As many of us know, our bankroll doesn't last very long when we continue to chase that winning rush when we are encountering a losing streak. I am very guilty of that. The first time I played baccarat 1 month ago, I bought in at $300 and walked away with $23,000 after one 8 deck shoe. I haven't been able to repeat that, but I have doubled or increased my bankroll by 5 times only to lose it all because I want to continue the winning rush. We must learn how to walk when we are ahead, which is the toughest thing to do. I am only trying to experiment a different playing strategy :) Thank you for your feedback.




300 to 23,000? Are your Archie Karas?
Each day is better than the next
DMSCR
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April 8th, 2013 at 4:50:27 PM permalink
Quote: Beethoven9th

Each hand is independent.

Be honest...how much are you up/down lifetime at baccarat?



"Each hand is indepedent." ---- Useless conventional wisdom that is keeping the masses in the dark. Yet I can say that no matter how skillful you are at this, luck and guessing are still the driving force in this game. Yet luck can be reduced to a skill and you can be a pretty good intuitive/objective guesser once you know how. With fixed number of cards, fixed values and fixed rules, combining all these three values/elements together one will realize things are not as independent as they seem. You just have to know how.

"How much are you up/down lifetime at baccarat." ---- Well I guess if you are ever lucky enough to run into me then you would definitely know. Only started to study/interest in this game in 2006. Didn't lay my first bet until Augusts 2008. Very painful 2008/2009. Didn't lose some huge amount (Down $1,680 to be exact) but it was very discouraging. Took eight months off in 2009. Didn't fully get back to things until 2010. Up $820 at end of 2010. After that it was upwards and beyond going forward. I do have my hick ups here and there but I can bounce back quick and continue on.
treetopbuddy
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April 8th, 2013 at 5:00:12 PM permalink
Quote: DMSCR

Other than Banker or Player, stay far away from these side/sucker bets.. You may win a few of these bets but in the long run the wins will not make up for all those "little" bets that you put on the side. What is worst is if you win these bets because then you will always be tempted to bet them. Best is to figure out when to put on Banker or Player or not bet at all until that moment comes and manage your risk/bet selection carefully.



After an exhaustive study of this extremely complex game we call Bock, I've concluded that bet selection should be left to Kreskin.
Each day is better than the next
DMSCR
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April 8th, 2013 at 5:12:51 PM permalink
I can say I keep things simple and stupid. Only focus on either Banker or Player. No side bets with big payouts. Just flat betting. And maybe and extra $5 or $10 here and there but mostly just flat bet table minimum. That is why my preference is $50/$100 tables. Don't like chip stack volatility at all. +3/+4 units I am gone. Straight -3 units I leave. Emotional discipline is key. Master this aspect of the game then you can do pretty well long term especially in Vegas because of unlimited free hands and many empty tables.

If you are constantly losing, please figure out why and then you will have solution(s) to overcome them. Blackjack is about versus the House. Poker is versus other players. Baccarat is versus yourself. In Baccarat you are your worst and biggest enemy. Overcoming your own demons you will be victorious. This game is very introspective and inwards looking. You have to go and discover and know yourself. Without this you are just blindly throwing away your hard earned money. This doesn't have to be. This game is more about process and mastery and the money comes later if you know how to play correctly and know how to make the right decisions.
rudeboyoi
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April 8th, 2013 at 5:29:46 PM permalink
tails never fails.
gr8player
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April 9th, 2013 at 11:51:46 AM permalink
Quote: treetopbuddy

After an exhaustive study of this extremely complex game we call Bock, I've concluded that bet selection should be left to Kreskin.



Hello, TTB, I trust all is well with you.

I can feel your pain and frustration all bundled up into your poignant, one-sentence post.

And that frustration will continue for as long as you concentrate too much of your Bac game on "prediction". Even your afore-mention Kreskin can't assist you in that regard, my friend, for there exists no "crystal ball", no predictive powers that'll put your money into the winning circle on the felt. Best to come to terms with that, for only then can you concentrate your efforts on the things that are more, much more, within your control at the table.

I wish you only the very best of it.
gr8player
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April 9th, 2013 at 11:58:42 AM permalink
Quote: DMSCR

Emotional discipline is key. Master this aspect of the game then you can do pretty well long term
This game is more about process and mastery and the money comes later if you know how to play correctly and know how to make the right decisions.



Great insight, D-man. Nice job.

The process. Mastering the process. Developing and mastering YOUR process.

It'll have you sitting at the Bac table with a quiet confidence. And that confidence has you half-way to success before you place your first bet. Success breeds success.

Then the house edge becomes mitigated. Gone. Poof.....now THERE'S your Kreskin moment.
JSTAT
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April 9th, 2013 at 4:28:47 PM permalink
The EZ Baccarat Dragon 7 side bet can be beaten via card counting.
Casino reporter, enjoys blackjack/baccarat card counting, Bay Area poker pro, JSTAT@Casino_Examiner on Twitter
Beethoven9th
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April 9th, 2013 at 4:36:13 PM permalink
Quote: DMSCR

"Each hand is indepedent." ---- Use

Fighting BS one post at a time!
MangoJ
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April 9th, 2013 at 5:23:54 PM permalink
Quote: gr8player

It is the most major mistake of all the naysayers, IMHO......the dismissal of the inherent importance of "session play". Session play is a mind-set. It cannot, nor should not, be subjected to the same "mathematical figures" as if one were playing one million consecutive hands. If you cannot accept this premise, Sodawater, I'm afraid there is not too much left for us to discuss and/or debate.

But, that said, I will say it right here and right now, session play....heck, even down to "shoe play" at this game of Baccarat....makes all the difference in the world when considering one's chance for long term success, especially when pondering the over-all negative expectancy of the game. In other words, again, I happen to believe that my "Player's Edges", in totality, and because of my total control of each of them, effectively off-sets the negative expectancy sufficiently for profitability.

Lastly, and please take no offence, Sodawater, I also happen to believe that those that cannot adopt the very necessary mind-set that it takes to accept my premise are the first to leap to rather discouraging assessments of same.



Let's change the thread title to "Baccarat: How to become a losing player without knowing it".

Honestly Sir, what happens at a "session play" is dividing the overall playtime in positive and negative sessions. I will (and do) believe that with the appropriate system, you can tailor your sessons to any ratio of winning vs. losing sessions. This is not a secret. Any kind of positive progression system will produce more winning sessions than losing sessions - That's not the point.
The vey point is, what is your expected bankroll at the time in the future when you retire and "collect" your bankroll. I'm terribly sorry to inform you, but on this day it doesn't matter how you had divided your play into sessions, it all boiles down which individual bets you take, at which (average) stake.
DMSCR
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April 10th, 2013 at 1:19:27 PM permalink
Quote: Beethoven9th

Quote: DMSCR

"Each hand is indepedent." ---- Useless conventional wisdom that is keeping the masses in the dark. Yet I can say that no matter how skillful you are at this, luck and guessing are still the driving force in this game.


Thank you very much.


I'll take that to mean, "I'm down."



I have realized as the years go by I hate more and more to talk about baccarat with people. Even if it is just online. Most of the folks are the 95% who helped to align the pockets of the casino industry. Plus given how people play many of these stupid side bets in EZ Bac as what I have just witnessed at the Borgata the past two days, I am sure you are among them, it is a total waste of time. LOL.

Given how you like to nitpick my words and twists them and take things out of context, I think like many of the folks out there at the tables you are someone who would rather be right than someone who wants to win. My honest and helpful advice to you is, STAY AWAY FROM THE CASINOS. You definitely show yourself as someone who wants easy answers handed to them instead of working and discovering things out on your own. Something for nothing. Typical second-handed parasite you are.
treetopbuddy
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April 10th, 2013 at 1:32:09 PM permalink
I'm learning to Channel......if I can Channel Kreskin, I'll have the keys to the mint. Kreskin saaaaaaaays, Player!
Each day is better than the next
Beethoven9th
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April 10th, 2013 at 1:32:23 PM permalink
Quote: DMSCR

Quote: Beethoven9th

I'll take that to mean, "I'm down."


I have realized as the years go by I hate more and more to talk about baccarat with people. Even if it is just online. Most of the folks are the 95% who helped to align the pockets of the casino industry. Plus given how people play many of these stupid side bets in EZ Bac as what I have just witnessed at the Borgata the past two days, I am sure you are among them, it is a total waste of time. LOL.

Given how you like to nitpick my words and twists them and take things out of context, I think like many of the folks out there at the tables you are someone who would rather be right than someone who wants to win. My honest and helpful advice to you is, STAY AWAY FROM THE CASINOS. You definitely show yourself as someone who wants easy answers handed to them instead of working and discovering things out on your own. Something for nothing. Typical second-handed parasite you are.

Fighting BS one post at a time!
gr8player
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April 13th, 2013 at 9:52:49 AM permalink
Quote: MangoJ

I'm terribly sorry to inform you, but on this day it doesn't matter how you had divided your play into sessions, it all boiles down which individual bets you take, at which (average) stake.



Hello, MangoJ. Thank you for taking the time to "inform" me about the negative expectation of the house edge, saying, in a nutshell, that I will suffer the same fate as everyone else, my bets are not "magically" excluded, from being subjected to that negative 1.06% that the house charges. Very enlightening. I wish I could say "refreshing", but, my friend, I've had that very same "math lesson" presented to me countless times by various "bean counters", as I like to call them.

So, let's see.......let's try to break this all down in rather simple terms, shall we?:

I bet 100 beans. I am being paid, even on a winning wager, roughly, only 99 beans of profit in return. Correct, MangoJ? I am, in effect, being short-changed a bean for each winning wager due to the built-in casino's vig (read: edge). If you think about, it's money well-spent on the player's part, because, after all, the casino has certain "fixed" expenses (mortgages, salaries, utilities, etc.); so without their house edge there'd be no real justification for putting on the game for us to play. So I'm fine with the miniscule edge.

But, wait, say the bean counters....that so-called "miniscule" house edge will, over the long term, tear my bankroll to shredded wheat, for there is no way to overcome our being short-changed that bean on our winning wagers. In fact, one would need be a fool to attempt it, for it is nothing more than an exercise in futility. In is wriiten not just in "stone", but in the "mathematics".

That should suffice in summing up their position in rather simple terms.

Pardon my indulgence as I respond thusly:

Balderdash!

The house edge means N.O.T.H.I.N.G.! In fact, less than nothing.

Raise your hand if you've ever heard of the casino's "hold", or "hold percentage". THAT, my friends, is where the casinos REALLY make their dollars. The hold.

Think about it like this, if you will: Do you think that the guy betting with "both fists" (recklessly overbetting his bankroll) at the craps table is losing due to the house edge? No. He's losing because he, like the 99% of gamblers, are betting with pure greed in mind and no plan in mind. All they're thinking about is: How much, and how quickly, can I win? Do you think that it's the house's edge that is the downfall for these players? Or might their biggest problem be with THEMSELVES?

And, lest anyone think otherwise, Baccarat is just the same....players betting like absolute morons. In fact, the casino "hold" percentage is probably largest at Baccarat, even in the face of it's lowest house edge percentage. Why? Because it's THE PLAYERS, NOT THE HOUSE EDGE.

Entertainment. Excitement. Greed. There's the motivation for most people as they're playing in the casino. One percent house edge? Heck with that....if they'd come play in my basement, I'd give them an "even prop" (no house edge) any day of the week....they're all gamblers, playing to lose. And that's 99% of the gambling public....just begging to be relieved of their money. It is that mentality that fills the casino's coffers more than that edge ever could.

And that, my friends, INCLUDES those "bean counters".

They, too, haven't developed their games to a "successful" stage, and, ipso facto, if they can't do it, well, then, their logic follows....IT CAN'T BE DONE.

To which I again reply:

Balderdash!

It can be done. I can more than make up for that "one bean shortfall", by utilizing MY PLAYER'S EDGES.

Can anyone dare tell me that:

Betting when I want, at the time I deem it most advantageous;
Betting where I want, again as I deem it most advantageous;
Sizing my bet to best suit my purposes;
Ending a session when I deem it best to do so;

.......does not more than make up for me being short-changed that one bean for every one hundred won? I dare anyone to tell me that my edges are worthless, or not worth as much a few percentage points.

Know this: All the casino has over me is their paltry 1%. The table can't think, it can do nothing but spew out decisions. It can't think. I can think. I am aallowed to use my brain to the very best of my abilities to get the better of this non-thinking entity, and I'll be ****** if I can't do that. I'd quit this game in a hheartbeat if I weren't able to get the better of that big piece of felt.

C'mon, man....use your common sense. Stop hiding behind that miniscule house edge as your excuse for failure, and look within YOURSELF. Because, my friends, if you're consistently coming up short at the casino, therein lies the problem...in the mirror.

That 1%? The casino laughs at that one percent all the way to the bank when they collect their "true hold percentages".

But you know who cowers down to that same 1%....those that ALLOW IT to get the better of them. Those that trust only in the casino's mathematics, instead of making their own math work out to their own advantage.

Once again, I wish it for all of you.
treetopbuddy
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April 13th, 2013 at 10:16:36 AM permalink
gr8player, I agree. If a gambler can't overcome a 1% disadvantage, what's the point. I'm sure lots of folks in this forum have overcome situations in life were the odds were dead set against them but somehow came out on top.

To me all games boil down to......"winning more when you win than you lose when you lose".
Each day is better than the next
MangoJ
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April 13th, 2013 at 10:18:21 AM permalink
Quote: gr8player

One percent house edge? Heck with that....if they'd come play in my basement, I'd give them an "even prop" (no house edge) any day of the week....they're all gamblers, playing to lose. And that's 99% of the gambling public....just begging to be relieved of their money. It is that mentality that fills the casino's coffers more than that edge ever could.



Good example, If you really think you can pay the lights by offering a zero-EV game, you are pretty much mistaken. You should then take another of those math lessons from the bean counters. Casinos make the hold due to the house edge, not to the players greed. There is not only one big session for the player, but also only one session for the house.
gr8player
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April 13th, 2013 at 11:32:21 AM permalink
Quote: treetopbuddy

gr8player, I agree. If a gambler can't overcome a 1% disadvantage, what's the point. I'm sure lots of folks in this forum have overcome situations in life were the odds were dead set against them but somehow came out on top.

To me all games boil down to......"winning more when you win than you lose when you lose".



Yes. Good, insightful post, TTB.

Ask any actuary about odds....and the chances of beating the odds. Odds are meant to be beaten; they are there for the taking.

It's unfortunate that some simply insist on succumbing to them, however. I guess it takes all kinds.....
rudeboyoi
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April 13th, 2013 at 12:02:48 PM permalink
its like religion. you just gotta have a lil faith. math be damned to all you naysaying beancounters.
gr8player
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April 13th, 2013 at 1:18:15 PM permalink
Hello, rudeboyoi. Yes, you need a little faith, but it can't be a "blind" faith. It takes a whole lotta shakin'. It takes alot of hard work.

But the point is: It's all do-able. It can be accomplished. I know. I've seen it.

Look, with as little as a nod of our heads, there are about a half dozen Baccarat players that I am familiar with that I am quite certain are over-all winners at the game. Sometimes, a couple of us will find ourselves at the same table, and we may not even be making the same bet placements, and we're almost certainly not betting the same amounts, but I know that they're winners and they know that I am, as well. I can tell just by the nature of their over-all Bac game.

1%? It's been reduced to an after-thought, and we never, ever speak of it. Now, that, in and of itself, doesn't serve to eliminate it, but our Bac play certainly does. We win more sessions than we lose (by far) and we win more money than we lose (not as "by far", but enough to keep us in the black).

But I worked to get my game where it is today. I paid my dues. In fact, I'll say it right here and now...I probably OVER-PAID. (I choose not to get into too much detail in this public forum, so I'll ask you to please try to trust my truths.)

But I was determined. I decided long ago that I either get the better of this game or I cease playing it. Now, will I ever re-coup those "dues"? Probably not. But that money's been gone long ago. And I've learned to let it go. And recent history (read: the past few years) proves me to be better for it.

For I've learned what really matters at this game, and that, to me, is the "pursuit". The fun of beating what everyone says is unbeatable. The dollars matter not nearly as much as the satisfaction. And, my friends, as I ask you yet again to trust my truths, I submit: THAT is the very key, the very essence, to getting the better of this game. If you're playing for the love of the money (ooops...watch that greed factor) rather than the love of the "pursuit" (read: the love of the game), your chances for long-term success becomes minimalized, IMHO.

Look, far be it for me to come into this esteemed forum and propose that we can all win at this game, if only we remain patient and disciplined and conservative..... That, quite simply, is not the case. There is a Bac game that one needs to develope. Bet selection, money-management, win goals, dealing with variances and, frankly, losses.....it all requires constant monitoring and constant juggling. It's far from easy. But, again, it is do-able. And there ain't no 1% gonna tell me it isn't. 'nuff said 'bout that....
DMSCR
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April 13th, 2013 at 2:54:34 PM permalink
Quote: Beethoven9th

Quote: DMSCR

Quote: Beethoven9th

I'll take that to mean, "I'm down."


I have realized as the years go by I hate more and more to talk about baccarat with people. Even if it is just online. Most of the folks are the 95% who helped to align the pockets of the casino industry. Plus given how people play many of these stupid side bets in EZ Bac as what I have just witnessed at the Borgata the past two days, I am sure you are among them, it is a total waste of time. LOL.

Given how you like to nitpick my words and twists them and take things out of context, I think like many of the folks out there at the tables you are someone who would rather be right than someone who wants to win. My honest and helpful advice to you is, STAY AWAY FROM THE CASINOS. You definitely show yourself as someone who wants easy answers handed to them instead of working and discovering things out on your own. Something for nothing. Typical second-handed parasite you are.


Yeah, you're definitely down like the rest of us. :)



LOL. Since you like numbers so much. Here they are after looking at my Excel spreadsheets and did the numbers.

2008/2009 --- -$1680
2010 +$820
2011 +$36,460
2012 +$47,520

All the wins in 2011 and 2012 were from Vegas and the bulk of these wins came from the Wynn/Encore. The rest of the wins were at MGM Grand, the Aria and the Cosmo (before EZ Bac). There were some losses but they were small and came from the electronic tables at Resorts World NYC. They ranged from a loss of $120 to $200 per session.

Right now for 2013, not doing well because losses all from Atlantic City and EZ Baccarat at the Borgata. -$970 at the moment. Now if the other non-EZ Bac tables were opened especially those two Banker/Player Pair tables then I can spread bet and play by myself. Or I just stick with Vegas which I should of done.
Beethoven9th
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April 13th, 2013 at 3:15:42 PM permalink
Quote: DMSCR

LOL. Since you like numbers so much. Here they are after looking at my Excel spreadsheets and did the numbers.

2008/2009 --- -$1680
2010 +$820
2011 +$36,460
2012 +$47,520

All the wins in 2011 and 2012 were from Vegas and the bulk of these wins came from the Wynn/Encore. The rest of the wins were at MGM Grand, the Aria and the Cosmo (before EZ Bac). There were some losses but they were small and came from the electronic tables at Resorts World NYC. They ranged from a loss of $120 to $200 per session.

Right now for 2013, not doing well because losses all from Atlantic City and EZ Baccarat at the Borgata. -$970 at the moment. Now if the other non-EZ Bac tables were opened especially those two Banker/Player Pair tables then I can spread bet and play by myself. Or I just stick with Vegas which I should of done.


Still bet you're down lifetime. (Just like everyone else)
Fighting BS one post at a time!
DMSCR
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April 13th, 2013 at 3:32:47 PM permalink
Quote: Beethoven9th

Still bet you're down lifetime. (Just like everyone else)



You have serious issues that goes beyond money wagering. Also if this game ever becomes something like blackjack where it gets cracked and becomes publicly known, I don't think you would and could follow it. You have one too many emotional and psychological issues that need to be corrected and worked on. For your own sake and bank account, stay away from any money wagering endeavors.

Since you like questions so much. Now I am going to ask mine.

If you are losing so much in this game why are you still playing?
Beethoven9th
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April 13th, 2013 at 4:30:21 PM permalink
Quote: DMSCR

You have serious issues that goes beyond money wagering. Also if this game ever becomes something like blackjack where it gets cracked and becomes publicly known, I don't think you would and could follow it. You have one too many emotional and psychological issues that need to be corrected and worked on.


So the guy who believes that a negative expectation game is beatable thinks that I have "emotional and psychological issues"?!? That's funny.

Quote: DMSCR

Since you like questions so much. Now I am going to ask mine.

If you are losing so much in this game why are you still playing?


I don't play very often, but when I do sit down at the baccarat table, I play for the same reasons that everyone else plays (including you). :)
Fighting BS one post at a time!
MangoJ
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April 13th, 2013 at 6:13:17 PM permalink
Playing for the enjoyment is perfectly fine. I mean, a ticket to a concert costs probably more than a few shoes of baccarat in EV.

But one should not have illusions about the cost. Funny how most gamblers tell they are "just even or slightly up", yet the house can still pay for the lights with all those even players.
DMSCR
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April 13th, 2013 at 7:55:22 PM permalink
Quote: Beethoven9th

So the guy who believes that a negative expectation game is beatable thinks that I have "emotional and psychological issues"?!? That's funny.



What is funny is dealing with someone who doesn't get it and never will. Your comment makes no sense at all. You are beyond idiotic. Reason as to why all the conventional wisdom spews that this game is a negative expectation game is solely because all the research out there is based on two variables of Player and Banker. And no I am not going to reveal how to think beyond this 50/50 Banker/Player nonsense. That is for me to know and for you to delude yourself that this game cannot be made profitable.

Quote: Beethoven9th

I don't play very often, but when I do sit down at the baccarat table, I play for the same reasons that everyone else plays (including you). :)



Unlike you I win consistently long term.
Mission146
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April 13th, 2013 at 7:58:30 PM permalink
Let's try to stay away from the Ad Hom Beethoven9th and DMSCR, if you'd both be so kind.

EDIT: I see you both Edited your posts, thanks!
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
teliot
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April 13th, 2013 at 8:25:20 PM permalink
Quote: Mission146

EDIT: I see you both Edited your posts, thanks!

Why did you capitalize the word "Edited"?
Climate Casino: https://climatecasino.net/climate-casino/
Beethoven9th
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April 13th, 2013 at 8:29:56 PM permalink
Well, post #33 ended with th
Fighting BS one post at a time!
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