allnighter
allnighter
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January 11th, 2011 at 9:01:56 PM permalink
If there was a baccarat game that was 0% commission on the banker bet and no other wierd rules aside from normal baccarat rules such as you lose on a tie on 5 or something, nothing like that, would this baccarat game be +EV if you only bet the banker each time? Theorhetically if this game existed and you only played the banker bet you would win long term by betting the banker without any commission or house edge correct?
mkl654321
mkl654321
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January 11th, 2011 at 9:45:23 PM permalink
Quote: allnighter

If there was a baccarat game that was 0% commission on the banker bet and no other wierd rules aside from normal baccarat rules such as you lose on a tie on 5 or something, nothing like that, would this baccarat game be +EV if you only bet the banker each time? Theorhetically if this game existed and you only played the banker bet you would win long term by betting the banker without any commission or house edge correct?



You would be in the same position as the house is when the player is making the Player bet, so, yes.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
ahiromu
ahiromu
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January 11th, 2011 at 10:07:54 PM permalink
Baccarat

Look near the bottom, different house edges for decks/commission.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
allnighter
allnighter
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January 11th, 2011 at 10:33:05 PM permalink
Thanks for the replies. So does this game as i describe it exist? Since it would have a +EV it would be the best game of bettor vs. the house in the casino, wouldn't it?
mkl654321
mkl654321
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January 11th, 2011 at 10:34:55 PM permalink
Quote: allnighter

Thanks for the replies. So does this game as i describe it exist? Since it would have a +EV it would be the best game of bettor vs. the house in the casino, wouldn't it?



No, it doesn't exist--the casino would never let you assume its own role.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
allnighter
allnighter
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January 11th, 2011 at 11:02:19 PM permalink
How do no commission baccarat games work then, does the house do something to the rules to swing it back in its favor? I've heard people say before that they have seen 0% commision baccarat games.
FleaStiff
FleaStiff
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January 12th, 2011 at 1:59:16 AM permalink
Yes, the games are CALLED zero commission but more properly should be called DISGUISED commission ... and right then and there I'd walk away from it. You know any casino, on line or physical, needs to have an edge. If the edge is disguised by making rule changes then they are not being frank and honest, so why bother with them.
allnighter
allnighter
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January 12th, 2011 at 5:26:09 PM permalink
Good point, thanks for the reply as I had always wondered this.
android
android
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January 22nd, 2011 at 3:08:52 PM permalink
I played Betfair Zero baccarat and Betvoyager punto banco without house edge.
No zero baccarat from Betfair has only one difference- the commission taken on winning banker bets is only 2.75%.
In Betvoyager's punto banco without house edge the bet on punto is paid 1.0276:1 and the bet on banco is paid 0.973:1.
heather
heather
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June 30th, 2011 at 8:50:57 AM permalink
Quote: allnighter

Thanks for the replies. So does this game as i describe it exist?



Kinda sorta. There is a baccarat variant played between players (like poker) rather than against the house (like blackjack) called chemin de fer. No house commissions because you're playing against each other. The competitive edge on banker bets is removed by allowing some latitude as regards hit/stand decisions, however. Is what James Bond played in the books.

The only casino I've ever played chemin de fer at is Casino de la Valle in Italy (Comune di Saint-Vincent). They also offer standard (punto banco) baccarat, under the name "punto banco". You can also play trente et quarante there, if you're into historic games.
teddys
teddys
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June 30th, 2011 at 9:02:47 AM permalink
Quote: heather

The only casino I've ever played chemin de fer at is Casino de la Valle in Italy (Comune di Saint-Vincent).

How does it work, can you explain a little more? Does one person take the bank at a time, and keep doubling up until he loses?
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
heather
heather
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June 30th, 2011 at 9:21:27 AM permalink
Right. Somebody has to elect to be the bank. They can keep banking the game for as long as they want, as long as they can afford to cover all other players' winnings. (How it was played at Casino de la Valle when I was there, and my understanding of how it normally works, or at least did historically.)

EDIT: I also seem to recall the banker being allowed to decide whether or not to accept players' bets, which would make sense.
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