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Casino gambling fall in here!!!

justl00king

Alfrescian (Inf)
Asset
The fundamentals is that Banker has a likelier chance to open more than Player.
This reason is due to the 3rd card being drawn. When 3rd card is drawn certain cards are more advantageous to Banker.
Sounds logical bro, :smile:

Will try betting only Banker again next trip. :biggrin:
 

justl00king

Alfrescian (Inf)
Asset
To members :
I have done my calculations on baccarat. The reasons why I always bet on banker are as follows :-
(1) If 3rd card is drawn by player and then both banker and player compare points, then the winning chance of banker is 70%.

(2) The chances on player needing to draw a 3rd card is more than 50%
Just one question, do you buy insurance?

The 1 pays 4 to 7 very tempting.:p
 

silverfox@

Alfrescian
Loyal
Hi silverfox, I am quite happy to find someone like you whose playing style and gambling thoughts are quite similar to mine. Of course there are still some minor differences.

To members :
I have done my calculations on baccarat. The reasons why I always bet on banker are as follows :-
(1) If 3rd card is drawn by player and then both banker and player compare points, then the winning chance of banker is 70%.

(2) The chances on player needing to draw a 3rd card is more than 50%

Sounds logical bro, :smile:

Will try betting only Banker again next trip. :biggrin:

Minor differences there will be. :p

The chance on either Banker or Player requiring a 3rd card is about 60%.
And if one plays through a shoe, this percentage is easily shown.

Player needs to draw at 0,1,2,3,4,5 (not under Natural situation)
Banker needs to draw at 0,1,2. The other situations depends on what card the Player draws for 3rd time.

The advantage that Banker can have is when it has quite high points already from the 1st 2 cards. Example, 5,6,7
Thus when Player draws 3rd card, likelihood, Banker is not going to draw 3rd time and will win. Even if it needs, it has a 50/50 3rd chance same as Player.

The only setback is if there are a lot of Naturals, then no choice for 3rd card to be drawn and have an advantage.

So for a Shoe to be Banker intensive requires a few criterias.
1) Less Natural situations.
2) The more 10s in the deck, help create more Banker situations.
3) Dependent on Banker 1st 2 cards, which must be high. 5,6,7 would be quite safe.

I made a discovery not only for a certain card number to be more in the deck, it creates more Banker situation, but also if it has come out a lot from the deck, it also creates more banker situation.

Example from criteria 2

More 10s in deck, Banker high points for 1st 2 cards, When Player draw 3rd card, Banker does not need to draw and thus win.

Less 10s in deck, the rest of the number cards will appear more often and thus it creates high point situations for either Banker or Player.
But due to the fact that Player has to draw 3rd card at 0,1,2,3,4,5 compared to Banker compulsory to draw 3rd card at 0,1,2, Player is at a more disadvantaged situation.

After trying out so many styles, systems, scenarios, I will still bet only on Banker. But I don't place every bet. I count the cards out and left in the deck and when the situation favours more for Banker, then I will place consecutive bets on Banker. This way I don't waste commission on non-necessary situations. When the situation is like Banker/Player 50/50 chance, I skip betting.

What I say here is not sure win, but by reducing the house advantage then placing a bet is more advantageous to us.:o
 

silverfox@

Alfrescian
Loyal
Just one question, do you buy insurance?

The 1 pays 4 to 7 very tempting.:p

I don't really understand how insurance works, but in most cases when casino gives you a special alternative to bet, it must be profitable for them. :biggrin:

Even when play blackjack or pontoon for fun at Genting, I never buy insurance. I rather keep the money for next round.
 

silverfox@

Alfrescian
Loyal
I want to relate some stories. Some happy stories.

I have a friend/mentor who introduced me to Baccarat.
I learned a lot from him and normally I don't follow him to Genting. Except for a last few recent trips. He knows how to play the game, but he stopped gambling for a few years, reason he told me he finds gambling boring and didn't want to play as a stepping stone. But he made a comeback this year as he was involved in a legal court case requiring to pay damages amounting to $300K. So in order not to be sued bankrupt, he went to casino and start playing again.

On my last trip, I saw him betting quite big. $2-3K slowly progressing to $5K and then $10K as his biggest single stake. You could see his chips adding like lego toys. He told me he bet big, because he need fast money. So he planned for months on how to solve the problem. He told me he was also quite lucky that though sometimes he lose, its not that much. When he was betting that big, you could see his Genting worldcard earning comp points like nobodie's business.

On one of my trip, I just went over to his place and took limousine service courtesy from him. He told me he got too much worldcard points and true enough his worldcard points go up by the hundreds in a day. 200-300 in a day. He just use the points for free accommodation, free food, (no free fuck):p.

But can see he got special attention especially from the managers.

And I am quite glad to hear that he won a total of $500K ringgit this year from Genting to settle all his outstanding debts. He even told me he wouldn't be betting that big again if necessary and wouldn't be playing so often again. Gambling still not his cup of tea was what he told me.

Was it luck or was it skill. He said a combination of both.

Now he told me he go genting only place bets of $50, $100. His problems solved, so he doesn't need to hiong again.
 

Alibaba

Alfrescian
Loyal
My FR at LW today.

After 4.5 hours, i made $500. My stake varies from $50 to 100.

Most of the table I am at got ding dong hands, I.E PBPBPPBBPB etc. I bet not more than 40 hands during the 4.5 hours. Today I am abit caution especially yesterday i made the stupid mistake.

Overall, i felt today not easy. But was lucky still able to make some monies.
 

sohbuckkong

Alfrescian
Loyal
I don't really understand how insurance works, but in most cases when casino gives you a special alternative to bet, it must be profitable for them. :biggrin:

.......

4 pts pay 1.5
5 pts pay 2
6 pts pay 3
7 pts pay 4
8 pts... I forget

By right, 4 points should pay 2.4 times
5 pts shld pay 3
6 pts shld pay 4
7 pts shld pay 6

Because we are underpaid, thats why they will win eventually.
 

mebirdie

Alfrescian
Loyal
4 pts pay 1.5
5 pts pay 2
6 pts pay 3
7 pts pay 4
8 pts... I forget

By right, 4 points should pay 2.4 times
5 pts shld pay 3
6 pts shld pay 4
7 pts shld pay 6

Because we are underpaid, thats why they will win eventually.

I agree with that.

With of 13 cards - A to K

4 pts pay 1.5
5 pts pay 2
6 pts pay 3
7 pts pay 4
8 pts pay 7
9 pts pay 8 Tie Pay

Take example

5 pts pay 2
You only lose 4 cards out of 13 cards = 33.77% lose
If player 0 pts, need to take 6,7,8,9
If player 1 pts, need to take 5,6,7,8

7 pts pay 4
You only lose 2 cards out of 13 cards = 15.38% lose
If player 0 pts, need to take 8,9
If player 1 pts, need to take 7,8

So what is the use buying insurance?

One may say to safeguard your bet.
But............
If you so scare to lose, what is the point of betting?
Gambling is not charity
 

mebirdie

Alfrescian
Loyal
I want to relate some stories. Some happy stories.

I have a friend/mentor who introduced me to Baccarat.
I learned a lot from him and normally I don't follow him to Genting. But he made a comeback this year as he was involved in a legal court case requiring to pay damages amounting to $300K. So in order not to be sued bankrupt, he went to casino and start playing again.

On my last trip, I saw him betting quite big. $2-3K slowly progressing to $5K and then $10K as his biggest single stake. You could see his chips adding like lego toys. He told me he bet big, because he need fast money.

But can see he got special attention especially from the managers.

And I am quite glad to hear that he won a total of $500K ringgit this year from Genting to settle all his outstanding debts.

This is a unusual happy ending.
However, I think this is not a good advice to give to all brothers here.
I will say that this is playing with fire. It is too much a risk to take.
If you play big and a high target to solve financial problem, your confidence level will not be so high. Chances of losing will be very high.

Sorry if I am wrong. But I still advise all brothers not to follow this footstep. A success story may follow by thousands of failure story.
 

silverfox@

Alfrescian
Loyal
This is a unusual happy ending.
However, I think this is not a good advice to give to all brothers here.
I will say that this is playing with fire. It is too much a risk to take.
If you play big and a high target to solve financial problem, your confidence level will not be so high. Chances of losing will be very high.

Sorry if I am wrong. But I still advise all brothers not to follow this footstep. A success story may follow by thousands of failure story.

You are not wrong to say all this, in fact it is what he said too.
He used $50K capital and started with $50 bets, slowly snowball his wins increasing his stakes progressively.

The moral of the story is not to tell people to gamble big. Just a true life situation. Even my friend who won so much, now decrease his stakes to such a state where its like $50, $100.

He told me we must always be conscious that casino is like a giant shark. Today we win, tomorrow we win, we don't win forever. He is lucky, so he must stop, or else he will end up jumping from hotels in Genting.
Most people win and do not know when they must stop. Knowing when to win and stop is not what everyone practised. Now he don't bet big, no money problems, bet small for fun. Win $1000-$2000, he already contented.

In casino, there are many sad stories, but sad stories are so plenty that most of the time sad stories involves losing money, so relating them will be a bit boring to most.
 

justl00king

Alfrescian (Inf)
Asset
My FR at LW today.

After 4.5 hours, i made $500. My stake varies from $50 to 100.

Most of the table I am at got ding dong hands, I.E PBPBPPBBPB etc. I bet not more than 40 hands during the 4.5 hours. Today I am abit caution especially yesterday i made the stupid mistake.

Overall, i felt today not easy. But was lucky still able to make some monies.
Bro,

You getting good at this! Can see you winning constantly.

Keep it up!!! :smile:
 

justl00king

Alfrescian (Inf)
Asset
4 pts pay 1.5
5 pts pay 2
6 pts pay 3
7 pts pay 4
8 pts pay 7
9 pts pay 8 Tie Pay
I normally will buy insurance if it's 1 pays 3 or 4.

Say you bet $60 and have 6 pts with insurance one pays three.It is sort of like a sure win already if you buy $20 insurance winning $40 or draw if open the other way no?
 

Alibaba

Alfrescian
Loyal
What I observe about the insurance thing. (My observation) Players had got more chance to place for insurance. Bankers slightly lesser. That's why alot people like to bet player hand. Also players dont have to pay house 5% and Banker 6 situation.

I have seen people make quite a good sum from insurance. They always stake amount that result a sure win situation. Of course it would mean house lost lesser.

The few rounds I am at LW, I saw big stakers always like to buy insurance. Because I stake only 40 to 60, i didn't really buy any insurance.

Overall if you bet very large amount, you might want to consider the insurance thingy. But then again, since we place a bet, we hope to win full of course.

Still depends on individual profile. The risk level and the way you prefer.
 

silverfox@

Alfrescian
Loyal
What I observe about the insurance thing. (My observation) Players had got more chance to place for insurance. Bankers slightly lesser. That's why alot people like to bet player hand. Also players dont have to pay house 5% and Banker 6 situation.

I have seen people make quite a good sum from insurance. They always stake amount that result a sure win situation. Of course it would mean house lost lesser.

The few rounds I am at LW, I saw big stakers always like to buy insurance. Because I stake only 40 to 60, i didn't really buy any insurance.

Overall if you bet very large amount, you might want to consider the insurance thingy. But then again, since we place a bet, we hope to win full of course.

Still depends on individual profile. The risk level and the way you prefer.

US and Genting casinos do not have insurance in mini baccarat.
It's hard to imagine a casino having 'special' insurance rules for us patrons to lose less. :biggrin:
 

Alibaba

Alfrescian
Loyal
Patrons win less and house lose less.:wink:

But that is human, the fear factor that result the house to come out with this insurance bet.

In a way player who place insurance will be relief they wont lose and sure win a little.

However after i do a rough calculation, I realise player wont be able to win more. They could have win alot more had they not bet on insurance. That also means they lose less if on that day the betting does not go against them for too much.

Big stake players buy insurance seems to able to cut their losses and at times still able to make some profits. And the rolling commision also is a handsome amount too.
 

silverfox@

Alfrescian
Loyal
Patrons win less and house lose less.:wink:

But that is human, the fear factor that result the house to come out with this insurance bet.

In a way player who place insurance will be relief they wont lose and sure win a little.

However after i do a rough calculation, I realise player wont be able to win more. They could have win alot more had they not bet on insurance. That also means they lose less if on that day the betting does not go against them for too much.

Big stake players buy insurance seems to able to cut their losses and at times still able to make some profits. And the rolling commision also is a handsome amount too.

If you ask me, big stake players all the more should not buy insurance. They should have a certain amount of bankroll already and not because of afraid to lose and tend to cover with insurance.

The reason which the rest have said before is we are underpaid on insurance bets. This is the house edge which is simply not to our advantage.

We often see big stake players 'win' is because they bet big and on the whole table attention spotlight seems to be on them rather than other normal stake players. So everybody's focus will be on him. And when we see him win, we see, wow, the chips grow at super fast speed. But when he bleeds, is also super fast speed, just that probably we don't take notice.

Rolling commission is not great where the highest they offer is 1.2% Cambodia if got connections can get around 1.5% up.
Every 0.1% makes a big difference. But never be enticed by rolling commissions. Most important thing is still to focus on winning. :biggrin:
 

silverfox@

Alfrescian
Loyal
One story to relate today.

Have a friend who loves to play 3 picture. What is 3 picture? It's a some sort of variation like Baccarat but its the Dealer's card vs us Players. And if you have 3 picture cards, it's a winning hand.

He loves to cheo people go Genting, so ask me to take his car while he drive up. So he drives his BMW reach Genting hotel, no lot, just go to the lobby, ask the valet to park for him, give him tips. Then ask me to follow him go play 3 picture together. I say nevermind, I don't know how to play, but I will just stick around and see him watch. I did ask him why did he like to play 3 picture when its like nothing he can do to change the situation of his cards as everyhand is machine shuffled. He said he like the feeling of touching the cards. Maybe that's why Genting have more and more 3 picture tables these days. :p

So there are 7 shoes for players to place their bets. So what my this friend did was to change $5K ringgit and start to place $300 at each shoe. 7 shoes will be around $2100. Some shoes win, some shoes lose. But overall win. Then he start to mount his bets. From $300 to $500 and then $600 max. Soon you get to see many people crowd around the table as his max bets per hand is $600x7 which is $4200.
His chips starts to grow. Of course there are bystanders who wish to place bets, but as his bets are already max, he will take out a few hundred for those who wish to tamba to his bets. At least this part I find him quite gentleman.
The next thing happens when he start to tell the manager, the bet limit is too small, can increase or not? The manager said since he wants, they increase. From $600 to $1000 per shoe. So max he can bet is total $7000 for 7 shoes. I almost want to hide my face. :oA bit too arrogant already. If its too small, he should go VIP room and bet as big as he wants. But I guessed he wanted the attention in the common casinos like Monte Carlo area and Latte area.

After few hours, he clocked $30K and I told him I go and play myself on baccarat. The next day he clocked another $20K and total won $50K for the trip. He was damn happy, and he even tip the valet $50 when going back even though his car was just less than 10 steps from him when he go pick up his car.

1 week later, he jio me again. I said no lah, didn't want to stick around, and saw him at Genting playing one night. On that night he lost $20K. Another 2 weeks later, called him and he told me he lost another $20K. That day happen he call me, so I asked him when is he going again, he told me no no. Until I tried to ask, he say he lost quite badly. $40K on last trip. So that's why he is cutting down. But I suspect he lost more than that.

Sometimes when we win, we can have very high confidence. But no matter whether you have Gold Hill or Money pool, it can still finish. Never act proud or showoff. Someone seems to be watching.

Bet within means.:o
 

silverfox@

Alfrescian
Loyal
Casino war is one of the fun games I like. There are not many tables that offer this. So sometimes I want to play for fun, I will choose casino war, because its straightforward, no need to think and just see whose card is bigger. Also the speed of the game is very fast.

On the table are 7 shoes for players to place bets. Each will draw a card and fight against the dealer to see whose card is bigger.
A is biggest while 2 is smallest.
If tie, we have to decide whether to surrender half the stake or to go to war by doubling my stake. However when doubling, the dealer still lose 1 bet and they do not double their payout unless the next cards we draw ties again.
By going to war, we will get 1 more card, while dealer will get 1 more and we see who is biggest and wins. Just like that.

I realised that if there are 3 shoes with stakes and dealer is winning, sometimes it is good to place bet on 1 more shoe by opening it to disrupt the flow of the cards that come out as dealer could be on a super freak roll. And, when I place my bets, I will normally place over a number of shoes. That means to say I will place bets on 3,4,5 shoes depending on the number of shoes that is opened.

Example if only 3 shoes have bets on them, I will open the 4th. I did not really do calculations but I seem to think that when 4 shoes, 6 shoe have bets on them, it is easier to win the dealer as the dealer's cards will not be so high. If the number of shoes with bets on them is odd number, like 3 shoes, 5 shoes, 7 shoes, we players might not make it and dealer has a good chance to killing every shoe which has bets on them. Just my observation.

Have won casino war using this fun method at $10 a bet spreading over 4 shoes (total $40) and winning $1000 in an hour. That's my max. The rest are like couple of hundred. Never play big on this game as I do feel its a game of luck after all. So just fun bet when I play this game:biggrin:
 

sohbuckkong

Alfrescian
Loyal
What I observe about the insurance thing. (My observation) Players had got more chance to place for insurance. Bankers slightly lesser. That's why alot people like to bet player hand.

The truth is Banker have more chance to buy insurance because most of the time, player need to draw 3rd card.

Also players dont have to pay house 5% and Banker 6 situation.
There are many people who prefer to play Player to escape the 5% tax, especially those ah soh, I always got such comments from them, I guess this is because they do not understand how baccarat is played. I can guarantee that once you understand how baccarat is played, I guarantee you will never want to put player anymore.

Overall if you bet very large amount, you might want to consider the insurance thingy. But then again, since we place a bet, we hope to win full of course.

Going to gamble in casino is a long term thing. Like many people including Birdie who have said, if one decide to gamble, he should take the gamble and not chicken out halfway.

On long term we lose out because we are underpaid moreover if one got 7 points for example, the chances of losing is 2 cards out of 12 cards. If we buy insurance all the time when our cards lead, then it is as good as putting your stake as $100 and if you win u win less than $100 but if you lose, u lose $100, this is worst than paying 5% tax for placing bet on banker. The whole thing is an illusion, thats why those insurance boss always win a lot of money.
 
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