stmartingaming
stmartingaming
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December 11th, 2015 at 3:46:27 PM permalink
A casino i visit in the Caribbean, gives its players on baccarat an extra 10% in chips on buy in.

So as an example if a player changes 1,000$ in cash at the table, the casino gives 1,100 in chips.

Do they still have an advantage on that game? If the player loses and buys again, they give him the same additional 10%.

I think it's a good deal, is it a good deal for the casino?

Thanks,
andysif
andysif
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December 11th, 2015 at 5:10:35 PM permalink
Quote: stmartingaming

A casino i visit in the Caribbean, gives its players on baccarat an extra 10% in chips on buy in.

So as an example if a player changes 1,000$ in cash at the table, the casino gives 1,100 in chips.

Do they still have an advantage on that game? If the player loses and buys again, they give him the same additional 10%.

I think it's a good deal, is it a good deal for the casino?

Thanks,


sell your house, bet the farm, and do it fast. the casino is not gonna last.

(but warning: if it sounds too good to be true, it probably is)
Francisco
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December 11th, 2015 at 5:43:25 PM permalink
I think it is a good deal. Casinos here in Ph. give big gamblers 1.3% in extra chips when buy in( VIP room).
The HE for banker is 1.06%, player is 1.24%, so 10% of profit before playing is consider good deal. I think.
stmartingaming
stmartingaming
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December 11th, 2015 at 5:49:26 PM permalink
Yes that's what i think too. Minimum bet is 25$, max buy in is 2,000, so I'm getting 200 extra before starting...
andysif
andysif
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December 11th, 2015 at 6:20:34 PM permalink
Quote: stmartingaming

Yes that's what i think too. Minimum bet is 25$, max buy in is 2,000, so I'm getting 200 extra before starting...


in macao they give you 1% sticky chip, which is not enough to break even. For sticky chip you need a little bit more than 2% to break even.

if they give you 10% cash, i am almost certain there is something fishy going on.
AxelWolf
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December 11th, 2015 at 6:43:44 PM permalink
Quote: stmartingaming

A casino i visit in the Caribbean, gives its players on baccarat an extra 10% in chips on buy in.

So as an example if a player changes 1,000$ in cash at the table, the casino gives 1,100 in chips.

Do they still have an advantage on that game? If the player loses and buys again, they give him the same additional 10%.

I think it's a good deal, is it a good deal for the casino?

Thanks,

Usually there's strings attached IE wagering requirements . Are there any? What kind of chips?

What's the max and minimum?

Just out curiosity what kind of BR can you toss at something like this?

Depending on the situation, perhaps it's something where a deal can be made feel free to contact me.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
beachbumbabs
beachbumbabs
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December 11th, 2015 at 7:08:31 PM permalink
Quote: AxelWolf

Usually there's strings attached IE wagering requirements . Are there any? What kind of chips?

What's the max and minimum?

Just out curiosity what kind of BR can you toss at something like this?

Depending on the situation, perhaps it's something where a deal can be made feel free to contact me.



I'll go down there with you. I love it there. Haven't visited any casinos in the area, though.
If the House lost every hand, they wouldn't deal the game.
stmartingaming
stmartingaming
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December 11th, 2015 at 7:46:52 PM permalink
you can only buy in for 2,000 max at a time. It's a 25-1,000 table but minimum bet is 100 when you get the 10%, max bet is 1,000.
andysif
andysif
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December 11th, 2015 at 8:27:35 PM permalink
Quote: stmartingaming

you can only buy in for 2,000 max at a time. It's a 25-1,000 table but minimum bet is 100 when you get the 10%, max bet is 1,000.


2,000 max at a time, but they don't limit how many times you can buy in, do they?
get a buddy to bet the other side, in 3 days you can retire from your day job.

something must be missing
TwoFeathersATL
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December 11th, 2015 at 8:28:37 PM permalink
Quote: stmartingaming

you can only buy in for 2,000 max at a time. It's a 25-1,000 table but minimum bet is 100 when you get the 10%, max bet is 1,000.


Min/Max sucks. Might still work, someone else can do the math. I didn't pack my bags.
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
AxelWolf
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December 11th, 2015 at 10:30:09 PM permalink
Quote: stmartingaming

you can only buy in for 2,000 max at a time. It's a 25-1,000 table but minimum bet is 100 when you get the 10%, max bet is 1,000.

Once per day? I'm still thinking there's something you are missing, but it's not impossible everything is how you are suggesting.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Wizard
Administrator
Wizard
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December 11th, 2015 at 11:01:22 PM permalink
Quote: stmartingaming

A casino i visit in the Caribbean, gives its players on baccarat an extra 10% in chips on buy in.



Are you sure you don't mean 1%?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
andysif
andysif
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December 11th, 2015 at 11:30:02 PM permalink
LOL. lots of people are thinking about packing up and heading to Caribbean.
OnceDear
OnceDear
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December 12th, 2015 at 1:57:20 AM permalink
Quote: andysif

LOL. lots of people are thinking about packing up and heading to Caribbean.


OK OP. I just landed in Barbados after an 11 hour flight. I have my suitcase full of US currency and have brought along my Acme disguise kit and fake ID ( just in case there is any heat in the casino) Now if you'll be so kind as to direct me to the appropriate Island and Casino, I'll meet you there in a couple of hours. We might just be able to own the place before the wizard's mob get here.
Carry a lucky Monkey or something, so I can recognise you :)
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
AceTwo
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January 14th, 2016 at 1:09:13 PM permalink
I have played many years ago in a small casino with a similar promotion. It was 10% on your buy in and it applied to all games (including BJ). If I remember correctly the requirements to keep the 10% was that you have to play at least 2 hours and also there was a minimum bet requirement. The promotion lasted less than 1 month. Small casinos around the world do stupid mistakes like this all the time. But if the mistake is big they soon realise it, when they see that they are losing money.

I did a quick google search of Baccarat Hold % and came out with a 12% Average Hold for Las Vegas for the last 10 years.
So if a Casino gives 10% back on the buy in, that reduces the Hold to almost zero. And that is with zero strategy from any player.
So such a promotion will not last long.

Obviously the best strategy to beat the game is to do the buy in and play as little as possible, like a sinlge hand. But I am pretty sure that there will either official time requirements or even if they are not, if you pull something like this (like playing a single hand) you will not be welcome back again.
So how to play the game depends on any time requirements and tolerence levels of the casino.
But it should be hit as hard as possible as this promotion will not last.

Also, some checking needs to be done if there is any fishing going on. Even though is difficult to do anything fishy with Baccarat.
Wizardofnothing
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January 14th, 2016 at 1:22:24 PM permalink
Just to chime in- I play at 3-4 casinos that I can get a ten percent bonus to start so it's not all that far fetched
No longer hiring, donít ask because I wonít hire you either
stmartingaming
stmartingaming
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January 14th, 2016 at 7:12:10 PM permalink
yes they make you play minimum 2 hours at 100 minimum bet, and the max buy in is 2,000 so max you get 200$ extra
Wizardofnothing
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January 14th, 2016 at 7:42:49 PM permalink
Still completely beatable
No longer hiring, donít ask because I wonít hire you either
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