can anyone make a living from gambling baccarat? ??
Quote: Beethoven9thMy favorite quote: "There's a sucker born every minute."
Runner-up: "A fool and his money are soon parted."
"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge."
- Stephen Hawking
How many casinos in are in your rotation and how frequently do you play at the same one?
Do you play rated? Have you ever gotten backed off, banned or gotten any other type of heat?
Have you ever been hassled over lifetime wins?
Have you ever had comps pulled?
Do you have an "act" or use any type of cover play?
Do you tip? If so, what are your tips based on?
Soxfan et al. I am looking forward to your answers. Is that Red Sox or White Sox?
Quote: 1BB... but I find it interesting that a living can be made at this game.
Not at all, but don't tell that to anyone who has "gr8" in their name (e.g., gr8player, gr8varmenti, gr8dmscr, etc). lol
Quote: andrew888I watched a guy play baccarat for 8 to 10 hours every single day for about 14 months. His average bet was above 1,000 USD. He would bet up to 5,000 per hand on occasion. He was generating commission on turnover which was paying for his room and food and adding to his win. After 13 months he was winning about 700,000 USD. He didn't set win limits and did not win every day but overall was winning 700k. In his last month he had a losing streak and lost his composure. He lost his 700k and another 500k. His wife came and dragged his ass out of the Casino. 14 months of continuous play is a long time but everyone loses eventually.
Are you listening, gr8varmenti??? Your winning streak of a couple months means nothing, my friend.
Quote: andrew888I watched a guy play baccarat for 8 to 10 hours every single day for about 14 months. His average bet was above 1,000 USD. He would bet up to 5,000 per hand on occasion. He was generating commission on turnover which was paying for his room and food and adding to his win. After 13 months he was winning about 700,000 USD. He didn't set win limits and did not win every day but overall was winning 700k. In his last month he had a losing streak and lost his composure. He lost his 700k and another 500k. His wife came and dragged his ass out of the Casino. 14 months of continuous play is a long time but everyone loses eventually.
It must have been very boring watching someone play 70 hours a week, never mind adding up their winnings. Were you playing as well or are you a casino employee?
If the guy got his win/loss statements for those 14 months they would show 700k in wins? Why do you suppose the casino never pulled the plug on him? Were they that confident that they would get their money back or was there some other reason to let him play on and accumulate those large wins?
Let's say that the stock market has a long term return of -1%. As you know the stock market is composed of a number of stocks. The performance on each stock is unpredictable, but are assigned an even distribution between -8 and +6.
Over a period of time, there will be a number of stockbrokers will will claim to be doing better than -1%, and they do, for a long time, because when the disadvantage is -1%, there will be alot of people who do worse than that and many that do. Some will claim to have a hedging system and stock picking system that guarantees a win, and for a while, they will.
In short, there will be people who have a system where it will be quite likely that they will be ahead over time, but their pattern will be such that there will be a monumental loss from time to time.
Take varmenti. There is no possible way to predict the outcome of a baccarat shoe. He is counting on a streak in order to win and hedges a player bet with a banker bet or the other way around for no reason. The betting pattern is such that he will win when a streak hits. However, what happens when a streak does not hit? In short, there MUST be a bacarrat pattern of player and banker that results in a betting LOSS. Period.
That said, you can employ a martingale pattern that results in a win most of the time. But there will be a monumental loss as a result of the amount risked.
Any time I hear a comment involving A DEALER TOLD US/ME it gets -5 on my credibility meter.Quote: TankoOur Craps dealer pointing in the direction of the high limit Baccarat tables told us, "A guy won one-million dollars there last Monday and he came back the next day. Can you believe that? He wins a million dollars and he comes back for more".
I guessed he was either feeling lucky or he was still in the hole.
If you are playing blackjack, and you need to know whether or not, you should hit a close hand, just ask the dealer and do the opposite.
MOST dealers are more superstitious, pattern orientated, and less intelligent then the average person.
Quote: 1BBI just finished this reading this entire thread for the first time and noticed quite a few new members. Welcome to all of you. I have never sidled up to a baccarat table and doubt that I ever will but I find it interesting that a living can be made at this game. For those making copious amounts of money to those who eek out enough to pay the bills, I have some questions that I hope you will answer.
How many casinos in are in your rotation and how frequently do you play at the same one?
Do you play rated? Have you ever gotten backed off, banned or gotten any other type of heat?
Have you ever been hassled over lifetime wins?
Have you ever had comps pulled?
Do you have an "act" or use any type of cover play?
Do you tip? If so, what are your tips based on?
Soxfan et al. I am looking forward to your answers. Is that Red Sox or White Sox?
Firstly, I only play at one casino in the province of ONtario, and here casinos can't ban a cat simply for winning. As I win regularly, I don't bother to try for comps. I have no interest in eating their food or staying in their hotel. As far as tipping, I always toss the dealer a single green chip before I start my session. And, during play I will pony up coins, and pink, and white chips left over from paying tax on winning bankers bets. So, all told I usually end up tipping 50-75$ each and every session. And I grew up in Fenway Park, so am a die hard Bosox fan, hey hey!
We were only afraid he would stop playing or play in another Casino. We like to say don't be afraid that he wins, be afraid that he stops coming.
As long as there is no cheating there is no need to worry, they will all lose eventually, and they do. Keep them happy and keep them at the tables. More recently and at a different Casino we had a guy win 5 mil. in a 6 month period but we got it all back. It took 2 years but he gave it all back.
It's scary how much we think alike. AxelthovenQuote: Beethoven9thYou gotta love these new members who sign up and immediately start complimenting gr8player and gr8varmenti. lol
LOLQuote: AxelWolfIt's scary how much we think alike. Axelthoven
Are you listening, gr8varmenti???? (RE: "He gave it all back"!!)Quote: andrew888we had a guy win 5 mil. in a 6 month period but we got it all back. It took 2 years but he gave it all back.
Quote: AxelWolfHmmmmm......If you play everyday then how do you avoid the long run? Dose god reset the clock each day? If so what time?
In the Casino world, there is no Clock, Time is based on your Goal for the day or your short term goal for each session.
If I go to the Casino, and I want to leave after making 200.00 then that determines my time. In most cases 200.00 sessions only take approx 12 - 20 minutes to complete. Now ask yourself how many 200.00 sessions you want to make per day to determine the length of your Time per day(s).
Quote: anonimuss
How could anybody not make a living playing baccarat? The house edge is only 1.06%. That would be exactly the same as flipping a coin for $100 a toss and getting paid $100 when you win and only paying $102.12 when you lose.
Math lesson for you:
1+1 = 2
2+2 = 3
3+3 = 4
4+4 = 5
$100 + win = 102.12
Quote: andrew888
we had a guy win 5 mil. in a 6 month period but we got it all back. It took 2 years but he gave it all back.
Beethoven9th
Are you listening, gr8varmenti???? (RE: "He gave it all back"!!)
An Undereducated Gambler will always "Give it all back" but those who set Unexpected Goals that can not be reached will do the same.
Those that have a session limit along with Daily Goals and a Good Betting structure will never give it all back.
This is called the art of Gaming on a professional level.
Back in the day, a young fella named "Jimmy the Greek" made a comfortable living (so they say" at playing Craps. I find it very hard to believe because he doesn't mention including his personal income along the way.
There are far from few people who actually make a living beating the Game of chance. Only Masters can beat the Casino.
I see one every time I look in the mirror.
Quote: varmentiThere are far from few people who actually make a living beating the Game of chance. Only Masters can beat the Casino.
I see one every time I look in the mirror.
Oh, that's right. I forgot that you know which hands will win and which hands will lose......before they're even played! lol
Quote: Beethoven9thOh, that's right. I forgot that you know which hands will win and which hands will lose......before they're even played! lol
I do recall you said this about your "Teacher" are you sure you have the right person here Beethoven9th.
I am "The Master" but not your Master. You need a Teacher. I am no "Teacher"
You are a Student so you say, so you need to look for your "Teacher"
Quote: varmentiThere are far from few people who actually make a living beating the Game of chance.
"Far from few"?
That means there are certainly more than I would have ever believed.
How many millions of pros do you think are out there?
Quote: rob45"Far from few"?
That means there are certainly more than I would have ever believed.
How many millions of pros do you think are out there?
There is 99% of the vegas population think they are Professional Gamblers. That's why they moved to the city in the middle of the Desert. I for one would move there in a heart beat. Then there are the Tourists who take their shot at it and leave Vegas with their stories. Oh hi Beethoven9th, we were just talking about you.
It's OK though, we have many Golf Coarse 's here.
Quote: varmentiAn Undereducated Gambler will always "Give it all back" but those who set Unexpected Goals that can not be reached will do the same.
Master, I once believed that I was proficient with the English language, but you continue to prove otherwise.
Even my grammar, while not perfect, seems acceptable to most.
In order that I may sleep without worry tonight, I must question my Master: What is an "unexpected goal"?
Quote: gr8varmenti...because 75% of the shoes dealt are losing shoes and 25% are winners.
Quote: gr8varmentiI do recall you said this about your "Teacher" are you sure you have the right person here Beethoven9th.
Yep!
Quote: varmentiI do recall you said this about your "Teacher" are you sure you have the right person here Beethoven9th.
I am "The Master" but not your Master. You need a Teacher. I am no "Teacher"
You are a Student so you say, so you need to look for your "Teacher"
Well, I'm not speaking for Beethoven, but you have admitted to being a teacher.
Quote: varmentiAs your teacher, I'm not asking you, I'm telling you to take up a new hobby, because this game of Baccarat is not for you at this time.
I understand that you are my Master (and not Beethoven's Teacher), but Beethoven's Teacher is never around at the times you're posting.
With all the knowledge you possess, the very least you could do is be the substitute teacher.
Quote: rob45
With all the knowledge you possess, the very least you could do is be the substitute teacher.
I'm trying to imagine a school that would have
Varmenti as a teacher of any kind. Do they
have classes that teach pencil sharpening
and nap taking?
+1Quote: rob45Well, I'm not speaking for Beethoven, but you have admitted to being a teacher.
+250,000Quote: rob45...but Beethoven's Teacher is never around at the times you're posting.
(but not a reference to my teacher gr8player's baccarat losses)
LOLQuote: rob45With all the knowledge you possess, the very least you could do is be the substitute teacher.
If you saw Jimmy the Greek playing craps, you are the only one who did.
If you meant Archie the Greek, he is known only for losing 2 million at craps on his way to poverty.
If you meant Nick the Greek, he like Archie preferred poker. Nick himself, however, bet on what is considered the “wrong side” .
If you play everyday then how do you avoid the long run?Quote: varmentiIn the Casino world, there is no Clock, Time is based on your Goal for the day or your short term goal for each session.
If I go to the Casino, and I want to leave after making 200.00 then that determines my time. In most cases 200.00 sessions only take approx 12 - 20 minutes to complete. Now ask yourself how many 200.00 sessions you want to make per day to determine the length of your Time per day(s).
Quote: varmentiMath lesson for you:
1+1 = 2
2+2 = 3
3+3 = 4
4+4 = 5
$100 + win = 102.12
LOL Maybe you should keep reading my post until you understand it. That just may be part of your problem. You remind me of the guy in the guillotine about to get his head chopped off when the blade sticks. He looks up at the blade and says, "Wait! I see the problem!"
Quote: AxelWolfIf you play everyday then how do you avoid the long run?
Knock it off. Stop teasing him with things he can't comprehend. Like logic.
Quote: varmentiMath lesson for you:
1+1 = 2
2+2 = 3
3+3 = 4
4+4 = 5
$100 + win = 102.12
Math lesson results for varmenti, = 1/5, Fail. Please see the teacher at end of class.
moral of the story, imho, is that you cant beat a "house game" in the long run. ever. unless you are cheating or have some advantage play. short term, absolutely but in the end we get it all, juniors college fund, the mortgage payment we get it all.
Quote: AxelWolfIf you play everyday then how do you avoid the long run?
what do you mean by this question?
Quote: anonimussLOL Maybe you should keep reading my post until you understand it. That just may be part of your problem. You remind me of the guy in the guillotine about to get his head chopped off when the blade sticks. He looks up at the blade and says, "Wait! I see the problem!"
I don't care to re-read posts anymore, 90% don't make any sense.
Quote: anonimussKnock it off. Stop teasing him with things he can't comprehend. Like logic.
Yup, I believe it was Donald Trump who said that to me at Casino Niagara back in 1996 when he owned it.
Quote: soxfanPlease, a SIMPLE answer will suffice; EXACTLY how many bacarrat decisions do I have to buck up against before hitting the "long run", hey hey?
A long run can happen at any given time in a baccarat shoe, My wife and I play Mostly new Tables and catch runs of 6-8 almost every day usually early in the shoe. wife caught a run of 7 players in 7 hands and made 225.00 and another run at 18 hands and then another at 11 hands. All different shoes.
Keep in mind the casinos can not control the way the cards come out, they are just lucky time to catch them, about 20 shoes per 6hrs will have runs of 6-7-8-9 or more. Just catch 5 per day and your all set.
Quote: bdc42let me recap,, the "trend will dissipate quickly" translate my trend idea was wrong.... when my trend does hold up i'll make winning decisions.. translate when i'm getting lucky i'll keep wagering.....I am willing to wager that I've seen more Bac hands than just about anyone here, and the thought that a trend is happening is ludicrous. it's a random sampling of cards... until someone can show me that six house hands followed by 2 banker brings a tie I will never believe in a trend. if that were the case, Bac would not be in the casinos.
bdc42, its not a trend, it's law of average. if you notice out of 10 tables there are runs of 3 Bankers / Players approx 9 times in a full shoe, this is considered a law of average.
I notice at least two times a day a run of 10 B/P will appear almost every day i'm there. but i never see every table with a run of 7-8-9-10 every hour.
I believe you previously said something about avoiding the long run, after someone showed you some math showing what would happen in the long run using your system, it was -ev and a guaranteed loss in the long run. You said you play short sessions thus avoiding the long run. I would have to say if 2+2=4 then short run + short run eventually = long run. I don't know what the difference between playing 10k hands in 1 day or playing 10k hands in 10k days is. Once you play a certain amount of of hands you end up in the long run, whether or not you play short sessions or long sessions.Quote: varmentiwhat do you mean by this question?
You made a comment about the casino not knowing time, well I agree, but you seem to consider each day new, as if things reset each day and your $200 you made is now safe, In reality your just on one long winning streak.
Quote: varmentiYup, I believe it was Donald Trump who said that to me at Casino Niagara back in 1996 when he owned it.
So now gr8varmenti claims that he knew Donald Trump????? LOL!!!
Quote: Beethoven9thQuote: varmentiYup, I believe it was Donald Trump who said that to me at Casino Niagara back in 1996 when he owned it.
So now gr8varmenti claims that he knew Donald Trump????? LOL!!!
I can't find Varmenti's original post on this, but Casino Niagara is owned by the Ontario Lottery Group, and I believe has always been owned by some arm of the province of Ontario. I'm not sure the Donald ever had -any- hand in that casino. It's possible the Trump Corporation operated the casino for a while, but I can't seem to find that as a reference anywhere.
He might be mistaken and be thinking of one of the other Niagara area casinos... but I suspect not an Ontario owned one.
