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Casino gambling fall in here!!!

silverfox@

Alfrescian
Loyal

haha, I am not in this league of gamblers.

There are various ways to collaborate to cheat in a casino, but what's the point?

I know for roulette tables, there are players who collaborate with the dealers

For carribean stud poker, its also possible, if you know which cards the other players are having and then you roughly know what cards the dealer has.

But this kind of tricks will not last one long in a casino. :o
 
M

Mdm Tang

Guest
Thanks for the reminder...

i was too fast to jump the gun...

Hmm... i will monitor the dealer time slot next visit...

Bravo.. well said.
 
M

Mdm Tang

Guest
i like the theme song ...

i play the song on my handphone whenever i go LW ...

it give me a "high" and boost my confidence... haha !
 

sohbuckkong

Alfrescian
Loyal
So there is no guarantee Banker will win. Would it be wise to switch to Player. Still 50-50 to me. Just for the change you would minimised your lost. Would follow the dragon be more practical if Bankers is not your day.
If one is in favour of playing player, then I can guarantee that he/she will surely lose in the long run.

The only way to win is to concentrate more on banker and if theres more player, then it is just bad luck, similar to having 8, but your opponent open 9.
 

silverfox@

Alfrescian
Loyal
If one is in favour of playing player, then I can guarantee that he/she will surely lose in the long run.

The only way to win is to concentrate more on banker and if theres more player, then it is just bad luck, similar to having 8, but your opponent open 9.

Many people tell me they like betting on PLAYER because pay full, no need commission.
It's GREED, that's why.
 

Alibaba

Alfrescian
Loyal
Just back from Genting.

Would like to share with all what i did.

1st play 60 hands. Each hand $100 stake.

I bet Banker throughout.

I won 6 hands.

2nd play 60 hands.

I bet Player throughout.

I won 3 hands.

3rd play more than 60 hands. (reason: i am in negative when 60 hands is up)

I bet Banker throughout.

I won 4 hands than take a break.

By now i got positive 13 hands.

4th play.

I bet random base on 'feeling'. After 27 hands, i lost 10 hands. I stopped after that.

5th play 60 hands.

I bet banker.

Final result i won 4 hands.

*My calculation is basing on the number of hands I won not the actual amount. Overall I am positive this trip and like what silverfox had mentioned, I had limit my lost.

Probably Silverfox bros can analysis my case study and help us improve on the playing. :smile:
 
M

Mdm Tang

Guest
hi alibaba,

may i know was your table using the manual card shufflerer ?

can i start my 60 ( 30 hands ) in the middle of the games ?

Then how to count 60 hands ?

You see at LW most table are likely to be in progress... cannot wait for
the start of a new 60 hands games...

guide me how to count ( if it is possible ) if i join a table already hald way in progress
( ie already palyed 30 to 30 hands ) how ... ?

will i still get the same results if i play only Banker ?

Please guide.... thks
 
M

Mdm Tang

Guest
Greed ? or Addiction ? :

Gambling addict sues casino after $1.37b spree

CANBERRA: An Australian gambler who lost millions in an A$1.4 billion (S$1.37 billion) gaming spree is suing one of the country's largest casinos, claiming he was targeted by managers despite a known gambling addiction.
Gambling addict Harry Kakavas is suing Crown Casino in Melbourne for A$50 million in damages after a mammoth 14-month baccarat binge in which he lost A$37 million.

At the time last year, the property developer had been barred from every casino in Australia. Supreme Court documents said Mr Kakavas wore a concealed recorder that captured Crown managers allegedly attempting to lure him back to its riverside baccarat tables.

Australian billionaire James Packer owns Crown. Chief executive Rowen Craigie and chief operating officer John Williams face accusations of unconscionable conduct.

If found guilty, Crown could be judged to have breached Australia's Trade Practices Act, state gambling regulations and special laws covering its operation.

REUTERS
 

silverfox@

Alfrescian
Loyal
Just back from Genting.

Would like to share with all what i did.

Final result i won 4 hands.

*My calculation is basing on the number of hands I won not the actual amount. Overall I am positive this trip and like what silverfox had mentioned, I had limit my lost.

Probably Silverfox bros can analysis my case study and help us improve on the playing. :smile:

1st shoe +6 units (Banker Only)
2nd shoe +3 units (Player Only)
3rd shoe +4 units (Banker Only)
4th shoe -10 units (Banker/Player)
5th shoe +1 unit (Banker Only)

Total you won 4 units from 5 shoes.

If on your 2nd shoe, you bet Banker throughout, you would have lost around 4-5 units.
Your 4th shoe, I can't determine how much you would have won or lost, but its a very common fact that betting on either side in a game will expose a person to lose more than the usual.

Let me explain why Player bets are lousy again.
If 1st shoe, 2nd shoe, 3rd shoe, 5th shoe, just bet on Player alone,
it would be as follow
1st shoe -7 to -8 units
2nd shoe +3 units
3rd shoe -5 to -6 units
5th shoe -2 to -3 units
(When open Banker 6, laying a bet on Player is lose full)
So this is a very good example why Player bets are lousy

Going to a casino got 2 kind of people. One is play to win. One is play for shiok. So unless the person play for the shiokness, then I got nothing much to say also too.
So you should avoid betting random because in order for you to lose 10 units in a shoe, your result out of 27 hands(27 hands only you lost 10 units) would be
around
2 TIE
10 Banker
15 Player
(Even if you bet Banker every hand, you wouldn't die so much units)
That is why I explained, many people blamed the bad streaks or whatever when they lost on Baccarat Table, but they never understood why they lost.

Saying just to bet alone on Banker is not easy. Not many people are convinced or even have the patience to do like this. That is why CASINOS love these people. And also why there are many Baccarat tables in casinos.

Buying Banker is not sure win or guarantee win, but long run, you will not die in the casino like many others. By reducing a person's losing percentage to the minimum, he is already better off than most others.

However I am not advocating to buy Banker every bet.
There is another style of idiot's guide to Baccarat which I see can be tested only with Junket commission. Junkets pay 1% rolling or some even 1.2%. I ever had offer to go overseas where junket offer me 1.5% rolling

Bet every game Banker, long run, with commission, would be able to earn a decent living
 

silverfox@

Alfrescian
Loyal
Greed ? or Addiction ? :

Gambling addict sues casino after $1.37b spree

CANBERRA: An Australian gambler who lost millions in an A$1.4 billion (S$1.37 billion) gaming spree is suing one of the country's largest casinos, claiming he was targeted by managers despite a known gambling addiction.
Gambling addict Harry Kakavas is suing Crown Casino in Melbourne for A$50 million in damages after a mammoth 14-month baccarat binge in which he lost A$37 million.

At the time last year, the property developer had been barred from every casino in Australia. Supreme Court documents said Mr Kakavas wore a concealed recorder that captured Crown managers allegedly attempting to lure him back to its riverside baccarat tables.

Australian billionaire James Packer owns Crown. Chief executive Rowen Craigie and chief operating officer John Williams face accusations of unconscionable conduct.

If found guilty, Crown could be judged to have breached Australia's Trade Practices Act, state gambling regulations and special laws covering its operation.

REUTERS

He need a psychologist report to state that he has a uncontrollable gambling addiction. And the casino if they did know of his addiction and yet still allow him, they would have breached the law.
 

silverfox@

Alfrescian
Loyal
hi alibaba,

may i know was your table using the manual card shufflerer ?

can i start my 60 ( 30 hands ) in the middle of the games ?

Then how to count 60 hands ?

You see at LW most table are likely to be in progress... cannot wait for
the start of a new 60 hands games...

guide me how to count ( if it is possible ) if i join a table already hald way in progress
( ie already palyed 30 to 30 hands ) how ... ?

will i still get the same results if i play only Banker ?

Please guide.... thks

Genting , all are manual card shuffler.

Why cannot wait for start of new 60 hands? It's a matter of discipline, thats all.
At LW, personally I have waited for at least 30 minutes before I see a new table starting its game
 
M

Mdm Tang

Guest
Hi SilverFox

Thanks for your thoughts and efforts...

Appreciate
 
M

Mdm Tang

Guest
He is suing Crown Casino for the $30 million he lost there. But who is Harry Kakavas and how did he become a high roller?


Photo: John Woudstra

Advertisement
AdvertisementIf gambling addict and property developer Harry Kakavas is ever tempted back to Crown Casino, he is unlikely to receive the red-carpet treatment.

The Gold Coast businessman has launched legal proceedings against the gaming venue, claiming they offered him a private jet, a penthouse suite and boxes of cash to entice him back to the baccarat table, despite a self-imposed ban from every major casino in Australia.

The chronic gambler alleges that Crown lured him into losing $30 million, and he is now suing for negligence, unconscionable conduct and breaches of the Casino Control Act. Sources close to Kakavas told The Age that he was unlikely to settle for anything less than $100 million (including damages and other costs) and did not expect the matter to proceed to court.

"These bastards deliberately went after him. They knew he had a weakness and they seduced him. This is a volcano that is going to erupt and it could jeopardise Crown's gaming licence," the source said. "That's why I doubt it will go to court."

The comments could be part of a high-stake bluff to force an opponent's hand, but Crown's management maintained a poker face yesterday. Crown Casino spokesman Gary O'Neil refused to comment, while other senior managers were unavailable for comment.

Several business associates of Kakavas would not speak on the record either, but described him as a nice bloke, an astute businessman with a strong work ethic and a nose for a deal.

Born in Carlton but barracking for Collingwood, he has been called Harry "Hedges" Kakavas because of an extraordinary run of sales on the Gold Coast's bluechip Hedges Avenue, which has been dubbed "Millionaire's Row".

Kakavas grew up in Melbourne's eastern suburbs. After a brief foray studying economics at LaTrobe University, he started his real estate career in 1986 selling residential property. A former teacher at Murrumbeena High School had become a real estate agent and had encouraged Kakavas to do the same.

After several years with commercial property agencies Baillieu Knight Frank and Colliers Jardine, the ambitious agent made his first foray into residential development and built three apartments on his parents' South Caulfield property. The project earned him almost $400,000 and he turned over several other profitable developments in quick succession.

In 2001, Kakavas headed to Surfers Paradise as the Queensland property market was about to hit its straps. He bought two waterfront properties in Hedges Avenue for $4 million, spent another $4 million building a three-storey Mediterranean- style mansion and set a state record when he sold it for $18 million. A month later he sold a nearby property for $15 million. A Gold Coast agent says Kakavas was solely responsible for doubling house prices in Hedges Avenue and helped establish it as Queensland's premier residential locale.

He also set up a successful prestige real estate agency, which turned over more than $150,000 a week.

When the market peaked in 2004, business associates estimate Kakavas' personal wealth at more than $60 million. But gambling, particularly baccarat, was always his Achilles heel and less than three years later, Kakavas has lost most of his vast fortune. A close friend recalls him winning $70,000 on the Caulfield Cup and flying to Sydney's Star City Casino to ride his luck. Kakavas says his love of the punt began with the occasional bet on the footy, but escalated quickly.

He was issued with the exclusive Crown Casino Mahogany Room card and at the height of his addiction was laying down up to $300,000 each hand. He became one of Crown Casino's most valued customers, often referred to as "whales" by casino operators.

He soon realised he was a "problem gambler ...unable to control his urge to gamble".

Claiming to have acted on Crown's recommendation to apply for an order excluding him from the casino in November 1995, Kakavas later had sought to have his "withdrawal of licence" revoked, but Crown advised him that it would continue indefinitely.

Having begun to make his millions on the Gold Coast, Kakavas gambled overseas, including Las Vegas.

He claimed Crown's chief operating officer, John Williams, had "devised a scheme" designed to lure Kakavas back to the Southbank gambling venue. The scheme instructed Crown employees to "do what was necessary".

Between October 2004 and January 2005, it is alleged Crown offered various inducements, including inviting Kakavas and his friends to the Australian Open tennis in January 2005, with food, drink and accommodation during the two-week tournament.

They had also allegedly offered to assist Kakavas' return to Crown by drafting a letter, purportedly from him to the casino's general manager of community affairs calling for a lifting of his self-imposed ban. It is alleged Crown also instructed Kakavas to get a letter from a doctor - giving him "the all clear to gamble" - that would further support his bid to return to the casino. A Queensland psychologist later said she was unable to form any opinion as to Kakavas' suitability to return.

The man alleged to have given Kakavas the letter, Crown's interstate marketing manager, Richard Doggert, said to him: "What do we have to do to get you to come back to Crown?"

The high roller has other skeletons and was accused of armed robbery in 1998 following a botched hold-up of the Shark Fin restaurant in Bourke Street. Within hours of the robbery, it was claimed that Kakavas and former soccer star Con Boutsianis flew to Sydney and squandered $24,000 in a 90-minute betting binge at Star City Casino. While Kakavas was acquitted of the charges, his QC described him as a "talented conman ... and a hopeless gambler".

But his style is nonetheless flamboyant. After his father, a retired fencing contractor, suffered a heart attack 18 months ago, Kakavas took out a full-page advertisement in the Gold Coast Bulletin to thank the cardiology surgeon, Guy Wright-Smith, referring to him as a "lifesaver". Kakavas yesterday told The Age: "(I am) resilient and relentless and will not stop until justice is served."

He also set up a successful prestige real estate agency, which turned over more than $150,000 a week.

When the market peaked in 2004, business associates estimate Kakavas' personal wealth at more than $60 million. But gambling, particularly baccarat, was always his Achilles heel and less than three years later, Kakavas has lost most of his vast fortune. A close friend recalls him winning $70,000 on the Caulfield Cup and flying to Sydney's Star City Casino to ride his luck. Kakavas says his love of the punt began with the occasional bet on the footy, but escalated quickly.

He was issued with the exclusive Crown Casino Mahogany Room card and at the height of his addiction was laying down up to $300,000 each hand. He became one of Crown Casino's most valued customers, often referred to as "whales" by casino operators.

He soon realised he was a "problem gambler ...unable to control his urge to gamble".

Claiming to have acted on Crown's recommendation to apply for an order excluding him from the casino in November 1995, Kakavas later had sought to have his "withdrawal of licence" revoked, but Crown advised him that it would continue indefinitely.

Having begun to make his millions on the Gold Coast, Kakavas gambled overseas, including Las Vegas.

He claimed Crown's chief operating officer, John Williams, had "devised a scheme" designed to lure Kakavas back to the Southbank gambling venue. The scheme instructed Crown employees to "do what was necessary".

Between October 2004 and January 2005, it is alleged Crown offered various inducements, including inviting Kakavas and his friends to the Australian Open tennis in January 2005, with food, drink and accommodation during the two-week tournament.

They had also allegedly offered to assist Kakavas' return to Crown by drafting a letter, purportedly from him to the casino's general manager of community affairs calling for a lifting of his self-imposed ban. It is alleged Crown also instructed Kakavas to get a letter from a doctor - giving him "the all clear to gamble" - that would further support his bid to return to the casino. A Queensland psychologist later said she was unable to form any opinion as to Kakavas' suitability to return.

The man alleged to have given Kakavas the letter, Crown's interstate marketing manager, Richard Doggert, said to him: "What do we have to do to get you to come back to Crown?"

The high roller has other skeletons and was accused of armed robbery in 1998 following a botched hold-up of the Shark Fin restaurant in Bourke Street. Within hours of the robbery, it was claimed that Kakavas and former soccer star Con Boutsianis flew to Sydney and squandered $24,000 in a 90-minute betting binge at Star City Casino. While Kakavas was acquitted of the charges, his QC described him as a "talented conman ... and a hopeless gambler".

But his style is nonetheless flamboyant. After his father, a retired fencing contractor, suffered a heart attack 18 months ago, Kakavas took out a full-page advertisement in the Gold Coast Bulletin to thank the cardiology surgeon, Guy Wright-Smith, referring to him as a "lifesaver". Kakavas yesterday told The Age: "(I am) resilient and relentless and will not stop until justice is served."
 
M

Mdm Tang

Guest
An Aussie gambler is suing Crown Casino for losses incurred in over an year.

Harry Kakavas, 40-year-old Australian gambler and a millionaire property developer, is suing Crown Casino and its executive John Williams for $26 million USD he allegedly lost at the baccarat table in a 14-month gambling spree at the casino. According to Kakavas, he asked the Crown Casino management to ban him from gambling at the casino in 1994 after previous losses. But after the casino found out that the high-roller was flying from Australia to Las Vegas to gamble, they lured him back in 2005 with private jet flights, free money and promised Kakavas up to 20% back on his losses at the casino.

A lawyer for the casino admitted that Harry Kakavas was offered free transportation and gifts to come back to the Crown Casino, despite the self-imposed ban ten years earlier. But the casino claims that Kakavas was not forced to accept any of the gifts and should be responsible for his own actions. Crown Casino has filed an application to strike out Kakavas' $26 million law suit against the casino.
 
M

Mdm Tang

Guest
Where to play baccarat...

Terrestrially, every casino worth its salt offers baccarat. As the game of choice for many high rollers, Baccarat is typically offered in high roller rooms of the bigger casinos, where bet maximums can be astronomical and the fortunes of a casino influenced at the hand of one whale (high roller). Set out below are some baccarat stories from well known land based casinos.



Star City Casino, Sydney Australia
(Excerpts from a story in The Age newspaper, May 2001)

If you're a baccarat high roller you might want to give Sydney's Star City Casino a miss. They recently cut their losing commission rate to high rollers and gamblers seduced into their Endeavour Room. The casino used to offer the standard 60% payback commission for players who lost $1million or more, but now offer only 30%. Crown in Melbourne and Jupiters in Queensland still operate at the 60 per cent rate.

The reason for this substantial cut in high roller concessions, is the fact that they were recently cleaned up at their Baccarat tables by a whale who went on a big wining streak and took just under $10,000,000 from the casino in less than a month, before vowing never to return after a dispute with the casino. The casino has since been looking to recoup losses, and it looks like other high rollers will have to wear the bill.

The whale in question was identified as Mo Chan, who according to insiders bet as much as $300,000 to $500,000 on per hand. The action has taken place in the private rooms, so no one knows exactly, but its scale has leaked to other gamblers who frequent Crown's Mahogany Room in Melbourne.

Mr Chan was invited into Star City's lavish Endeavour Room, and later one of their three VVIP" rooms within the Endeavour Room when his propensity to bet was displayed. It was here that his amazing winning streak took place, until he arrived one day to continue play and found that the casino had changed the rules of play. According to insiders, the casino cut its margin of loss on his bets. No matter how big the individual bets, the gap between the bank and the player - the casino's margin for loss - had been fixed for Mr Chan's play at $150,000. Suddenly the casino was only prepared to lose $100,000 a play.

It was then that the outraged Chinese-born player stormed out of the casino, vowing never to return, and took his custom to the equally lavish Mahogany Room of Melbourne's Crown Casino.

"I couldn't understand it," said one insider. "If he had $10 million of my money and was playing a game of pure luck I would want him to stay so that I could get it back."

So, thanks to Mr Chan's incredible streak, and Star City Management's stupidity, high rollers will be inclined now to give this casino a miss when it comes to playing Baccarat.



Bellagio, Las Vegas Nevada
(Excerpts from a story in USAToday, April 2002)

During one of his famous gambling binges in Las Vegas, Australian media mogul Kerry Packer, lost $20 million at the Bellagio Vegas in the Summer of 2001, playing his game of choice...you guessed it, Baccarat.

I can only say that the ambience and level of service around those high roller tables at Bellagio must be nothing short of Nirvana-esc, if Mr Packer was happy to hand over that much cash and return for more.

Rumour also has it that Mr Packers appetite for a bet still wasn't fully satisfied. During a discussion with a fellow high roller from Texas, Packer was overheard enquiring as to the Texan's net worth. When the Texan smugly replied "$60 million son", Packer politely asked him if he would like to wager on the toss of a coin for that exact amount. Needless to say the Texan declined the bet after picking his jaw up from off the floor.
 
M

Mdm Tang

Guest
Like to know Baccarat strategy? Simple, don't bet on a tie.

Baccarat is a really simple game, in which there are three possible outcomes of a deal. And not surprisingly, sound Baccarat playing strategy is also pretty straight forward, which begs the question, why do so many players sit at the table taking notes?

It is common for players to record the outcomes of prior baccarat deals on a scorecard. Players look for patterns in the game and bet based on emerging patterns and their chosen bet strategy. Casinos do not discourage the use of these scorecards for good reason. This strategy does not assist at all in helping the player improve their chances of winning. The outcome of prior hands in baccarat will not help at all in determining the outcome of future hands. While card counting will definitely improve returns in Blackjack, it will do nothing for you in Baccarat, so put your scorecard and pencil away and play the game on its merits.

Sound Baccarat strategy is all about choosing the low house edge bets, and this is easy. Mathematical house edges in Baccarat, by bet type, are as follows:



8 deck shoe:
6 deck shoe:
Single deck:

house edge on 'player' bet: 1.06%
house edge on 'player' bet: 1.06%
house edge on 'player' bet: 1.01%

house edge on 'banker' bet:1.24%
house edge on 'banker' bet:1.24%
house edge on 'banker' bet:1.29%

house edge on tie bet: 14.36%
house edge on tie bet: 14.44%
house edge on tie bet: 15.57%


*Assuming tie bet pays 8 to 1



Now based on the information in the above table, it does not take Einstein to work out that to maximise your returns you should bet on the banker every hand. This doesn't exactly make for an exciting game, but that's Baccarat for you. If you do want to mix things up a bit, it wouldn't hurt to place the odd player bet. Just steer well clear of the tie or standoff bet.
 
M

Mdm Tang

Guest
Know a good baccarat system?

Betting systems are funny things. I often wonder why so called gambling experts spend so much time and effort trying to make money by selling their systems, rather than simply using their 'guaranteed to work' systems to win buckets and buckets of money. Well the answer to this is simple of course...their systems are flawed. If they weren't, do you think they'd actually be wasting time selling the system. I wouldn't...I'd buy a house in Las Vegas, keep the system to myself and make a whole lot of money.

Of course the other strong evidence supporting the fact that sure-fired systems do not exist, is the fact that casinos are still making a bunch of money across all their games, including baccarat.

So don't be duped into buying any systems for any games, especially baccarat, where sound betting strategy is very straight forward.
 
M

Mdm Tang

Guest
Want to know where and how it all started?



Early beginnings…

The origins of the game of Baccarat date back to as early as the 15th century, and not surprising, there are some debates as to its exact birth place and inventor. It is universally agreed however, that the game was first invented in either France or Italy. It's difficult to trace the precise origin of this game mainly because slight variations of it name are used in both countries, each wanting to claim it as their own. Wherever it was invented, baccara (Italian) or baccarat (French) both translate to “zero” in English – so called because the tens and face cards in Baccarat, which comprise the majority of the deck, are all worth zero.

According to many, the game was first invented in Italy by gambler Felix Falguiere in the middle-ages. Falguiere based his game on an old Etruscan ritual of the nine gods, who prayed to a blonde virgin on their tiptoes waiting for her to throw a nine-sided die. The result of the toss decided her fate. If she threw an 8 or 9, she would become the priestess; if she threw a 6 or 7, she would be banned from any further religious activities. If she threw any number less than 6, she would have to walk into the sea. Good thing the stakes have evolved since then!

Falguiere’s early version of the game is believed to have been played with a deck of Tarot cards and introduced to France around 1490 A.D., where it remained an exclusive game to the French nobility for some time before becoming a casino game, where it evolved into the games of European Baccarat and 'chemin de fer' that are played today.



Introduction in America…

Baccarat’s introduction to America came first in it’s pure European forms, and was not exactly a hit. Chemin de fer and European baccarat were both brought to America and introduced at the racetrack and spa at Saratoga and the ritzy Palm Beach resort in 1911. Each was met with indifference from the nouveau riche and soon lapsed in popularity. While both games enjoy very popular status in Europe and Asia, it wasn’t until a variation of these games was brought to America that it really took off.

‘American Baccarat’, in which the House provides the financial backing for the game owes its immediate lineage to George Raft’s Capri Casino in Havana, Cuba dating from pre-Castro days. It is thought that this form of the game originated in England and spread to South America before it made its way to the United States in the late 1950s. Its originator Tommy Renzoni, stated in his (out-of-print) book, Renzoni on Baccarat, that Punto-Banco as it was called in Cuba, was brought to Las Vegas by him in the late 1950s, as Castro was about to take possession of the island. Renzoni wrote that his game owed it roots to European chemin de fer via Argentina. He claimed that the night of the game’s first modern American play, the Sands lost $250,000.



The rest of the world…

Baccarat has a history overseas too, which is evidenced by its popularity among the Asian population who visit Las Vegas each year. In casinos based in the Portuguese territory of Macao, near Hong Kong, the popularity of baccarat is unrivalled. Unlike the heavily ordered and systematic American casinos, these Portuguese tables often allow multiple players to bet on a single spot at the same time, while the expert dealers mentally keep track of each players commission on winning bank bets.

All throughout its history the game remained a pleasant invitation to high rollers and individuals with high social standings. Not requiring much thought or ability, baccarat forced the players to leave everything to chance
 
M

Mdm Tang

Guest
Strategy
The first thing a casino player asks themselves when stepping up to a game is "how do I improve my odds?" The answer in Baccarat is easy: you don't. Other than avoiding the Tie bet there's nothing you can do.

What about card counting you ask? After all, everyone seems to do it on TV. Save yourself the trouble because it's a facade. Statistical analysis has shown that card counting in Baccarat is totally ineffective until the game hits the bottom of the shoe and even then it's a miniscule advantage. It basically boils down to paying yourself $10 an hour for risking $1,000,000. You're better off getting a squeegee and washing people's windows for spare change
 
M

Mdm Tang

Guest
Often sought though rarely found, a good baccarat strategy is usually considered a myth among gamblers. I happen to disagree. What I DO agree with is the fact that any strategy that promotes itself as a system is most likely full of false, misleading, and useless information. There are, however, many basic baccarat strategy moves one can make to up their chances of winning.

A predominant aspect of the baccarat games played at the local casino is the scorecard. It looks like everyone at the table is keeping track of the outcome on each hand, and that's exactly what they're doing. These people are trying to spot patterns and then change their own betting patterns in order to take advantage of a streak. The casinos encourage this behavior simply because they know it has no bearing on the outcome of the game. Chasing patterns in baccarat is as pointless as it is in roulette. One hand has no bearing on the next, and is never influenced by the preceding hands. This is a simple trap that gamblers all around the world fall into at one time or another. If you were betting on the flip of a coin, and it landed heads up 9 times in a row, part of your brain will inevitably yell out to you that a tails is imminent, and it's likely that the 10th flip will land tails up. This reasoning is spurious; the chance of the coin landing tails up on the 10th flip is exactly 50%, just as it was the first nine times. Any baccarat strategy that makes you change your bets based on previous hands is useless and should be completely disregarded.

So, although you will see almost everyone around you at the baccarat table marking down numbers on casino provided cards, you should consider it personal entertainment and think nothing more of it. Don't be fooled into participating, it's just another way for the casino to distract you from the important parts of the game-play. Seriously, would Las Vegas casinos provide baccarat players with a pencil and a chart if they were really worth anything?



Also:

Baccarat Strategy
Using right strategy for some casino games can be very advantageous to the player. The best example is a game of blackjack, of course. When you know the basic strategy and understand what is card counting, you can even override the negative expectation and have an edge over the casino about 1%!

Card counting is not for Video Poker, but still you can be in very good position when you possess the proper Video Poker strategy.

Unfortunately, there is no strategy that works for Baccarat as the player has not many options - rules are automatic and after you have made a bet you can only hope on your luck. Any baccarat system that is based on the previous hands (and the bets you have made, if any, on those hands) is useless and should be completely disregarded.

But as for any other casino game there is always room for improvement and if you want to establish an effective baccarat strategy there is a few things to consider

Don't bet on "Tie"
Playing Baccarat you have only a choice of three bets, but it does not mean you don't have any options at all.

Betting on the Player Hand - the house edge is 1.29%.


Betting on the Bank Hand - the house edge is 1.01%.


Betting on a Tie Hand - the house edge is 15.75%.
The house edge numbers mean that Banker hand wins more often in the long run. Even after paying a 5% commission it is still a slightly better proposition than betting on "Player hand". So, there is only one good bet to make - Bank Hand.

As for betting on Tie hand the casino will pay nine for one odds. Unfortunately, the casino advantage on this bet is over 15%. So, don't bet on "Tie".

Well, it may be a very boring when you have only one good bet to make, but still the game of baccarat has one of the best odds in casino if you know this.

Number of Decks and Commission
As shown on the Baccarat Odds, you can improve your chances by choosing the right game to play: you should look for the casino that offers the lower number of decks played and lower commission.

The best choice is the 6 deck card game with 4 percent commission on the winning "Banker" hand. As for the single deck, you can find it only at some online casinos which use Microgaming software.

Money management
Knowing only the best bet for Baccarat game will not make a good strategy. The next decision is how much to bet.

It is not a secret that many players risks more than they can afford to loose when they put on the table their money - a really good way to go completely broke. But following some simple rules can help you to increase your chances to win:.

Even before you sit down at the baccarat table decide how much you are going to loose. Divide up your money and control how much you bet at each round. One of the best ways to manage your money during the play is to pocket a certain percentage of your winnings each time you win or to pocket it all. For example you have $500 to wager. Start the game betting the table limit (let's say $25). Put the winnings aside, and at the end of the 25ths round you'll only have played $500 even, which is exactly what you intended to spend and any winnings are yours to keep.

This simple strategy gives you chance to enjoy the thrill of gambling for a longer period of time without going broke.

And one more advice: Never underestimate luck, it is the biggest factor when you play any game of chance - if you leave the table having more dollars in your pocket than you started (even if it is only $25) you win!

The sad thing about any gambling strategy is the discipline. Remember, if you do not follow your chosen strategy, you do not have strategy at all!

So, bet on the Banker hand, stick to the money management and let the luck be on you side!
 
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