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MDawg
MDawg
Joined: Sep 27, 2018
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August 1st, 2020 at 12:06:29 PM permalink
Well Coach referred to a "mathematical" edge so I responded in a neutral fashion, referring to what remains. There are some Baccarat games where the banker's commission is lower than 5% though.

Player's edge, loss rebates, etc. - correct yes, these change the odds.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
TomG
TomG
Joined: Sep 26, 2010
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August 1st, 2020 at 12:38:52 PM permalink
Quote: MDawg

Well Coach referred to a "mathematical" edge so I responded in a neutral fashion, referring to what remains. There are some Baccarat games where the banker's commission is lower than 5% though.

Player's edge, loss rebates, etc. - correct yes, these change the odds.



The edge, whether to the house or player, is based on what you bet, how much you can win, and the probability of winning or losing. The amount you get paid back based on your bet is set. The probability of winning or losing is not. For example:

Quote: MDawg

two have massive bank or player streaks in them, the rest do not. Any decent Baccarat player who runs into those two shoes will clean up.

coachbelly
coachbelly
Joined: Oct 21, 2013
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August 1st, 2020 at 1:33:48 PM permalink
Quote: MDawg

I assume the questions are for me? not for qualified?



Yes, the questions were for you.

Considering context, "qualified" implied that you are a professional baccarat player who had a mathematical edge.

I was just trying to clear up his misconception.

Quote: qualified

If you really a professional baccarat player, then congratulations...one could make tons of money even with a very small edge on table games.

coachbelly
coachbelly
Joined: Oct 21, 2013
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August 1st, 2020 at 1:39:11 PM permalink
Quote: TomG

Any game where the player wins money through a repeatable and evidence-based strategy, like you have described with baccarat, has a players edge, not a house edge.



Does MDawg have a mathematical edge in baccarat?
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
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August 1st, 2020 at 2:17:15 PM permalink
Quote: coachbelly

Does MDawg have a mathematical edge in baccarat?

LOL. I've missed MDawg's claims and Coachbelly's posts about him.
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
coachbelly
coachbelly
Joined: Oct 21, 2013
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August 1st, 2020 at 2:26:29 PM permalink
Quote: OnceDear

I've missed MDawg's claims and Coachbelly's posts about him.



Can you get us a paid gig with limited mod capabilities?
MDawg
MDawg
Joined: Sep 27, 2018
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August 1st, 2020 at 6:17:42 PM permalink
Thoughts while at the gym (some people just listen to music while exercising - I think)...if there's no advantage to varying your bet, stopping while ahead or money management, does that mean then that betting every hand as much as you have in front of you to the limit and not ever stopping until you've lost everything, also does not affect the outcome?
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
TomG
TomG
Joined: Sep 26, 2010
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August 1st, 2020 at 9:18:46 PM permalink
Quote: MDawg

Thoughts while at the gym (some people just listen to music while exercising - I think)...if there's no advantage to varying your bet, stopping while ahead or money management, does that mean then that betting every hand as much as you have in front of you to the limit and not ever stopping until you've lost everything, also does not affect the outcome?



There are huge advantages at table games to varying bet sizes as probabilities change.
redietz
redietz
Joined: Jun 5, 2019
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Thanks for this post from:
WTflush
August 2nd, 2020 at 12:36:25 AM permalink
Quote: TomG

There are huge advantages at table games to varying bet sizes as probabilities change.



Philosophically, I'm thinking some folks are missing the gist of this. We are down the rabbit hole.

Many things affect the outcome of MDawg playing baccarat. For example, consider if MDawg is carrying a .44 magnum, the most powerful handgun on earth, which can blow your head clean off. Say he points it at the baccarat dealer and says, "I'm winning the next bet. Do you feel lucky today?" I don't even have to look at any cards, and I would be willing to wager that MDawg wins the next bet.

Now as to the consequences of winning that next bet, well, that would be up to casino security, God, and MDawg's private security force. But for the sake of argument, I could make a strong case that pointing the .44 magnum changes the probabilities. And if I were MDawg, that would be the hand I vary my bet size.
"You can't breathe dead hippo waking, sleeping, and eating, and at the same time keep your precarious grip on existence."
MDawg
MDawg
Joined: Sep 27, 2018
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August 6th, 2020 at 8:49:40 AM permalink
It now looks like Palms Vegas may not be reopening at all! at least not under Station Casinos ownership.
Station Casinos resorts may not reopen four properties in Las Vegas
https://www.rgj.com/story/news/2020/08/04/station-casinos-may-not-reopen-four-properties-las-vegas/3295540001/

I found this old valet ticket, from our last trip there in March 2020, tucked into a crevice in my vehicle yesterday.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.

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