Quote:
Originally Posted by AlohaHawaii
I am just wondering are there any winning formulas, to play baccarat or roulette, to win against casinos. To search for this formula, lets probe to the bottom, of why casinos always win. Lets probe!
|
If there was such a formula, everyone would be using it and casinos would go bankrupt. However, there is a theoretical possibility to do card counting in Baccarat (Live) which means that there are occasional situations where player has a small edge. But it is estimated that the hourly salary by doing this counting is less then $1 per hour. So
Baccarat can be beaten but the hourly salary is very low.
Quote:
|
Theoretically, assuming if there are no table limits and if we are allowed to double our stakes with each loses, then of course this is the winning formula. Of course, in all tables, there are wagering limits and so this cuts off this winning formula.
|
Yes, keep in mind that you would need to have infinite wealth as well. Suppose you start with $1 bet and get 20 losses in a row, and double your bet each time. You would need $1.05 million to do the next bet and there is still 50-50 chance that you lose even that million.
Quote:
|
I have many friends who gamble in casinos and all of them lose. I dont believe that casinos always have better luck that causes us to lose. If luck is not the issue, then it has to be house advantage or human factor that causes us to lose.
|
It is in part the house advantage, but keep in mind that casinos usually win even if they don't have house advantage. That's because if you compare the bankroll of a casino and a player, it is easy to guess who is the one to run out of money first.
Quote:
|
Of course all of us know that in roulette and baccarat, the casinos have a house advantage over us. But is this advantage, huge enough to tip the tables in favour of the casinos so much so that ALLLL of us will lose eventually? Personally I dont think so because in roulette, the zero is only about 3% advantage ( 1 out of 37) and in baccarat, about 2-4 % advantage.
|
Roulette has 2.7% advantage (1.35% in French Roulette even bets). Baccarat has 1.06% advantage if you bet on "Banker". So in general Baccarat is a better game in terms of house edge. The small 1% - 3% house edge actually makes a huge difference on how well you do in the game, because the house edge is present in each bet even if you win! It would be totally different if the house edge would be deducted from your balance only once and then you would play 100% return games as much as you like.
Quote:
If house advantage is not the main cause of our loses, then the reasons have to be either human factor or human factor plus house advantage. If this is the case, then I would say that human factors are the main cause of our loses in casinos. If human factors are the main cause of our loses, then there should be a way to win against casinos.
May I have your views before I proceed further.
|
Human factors cause losses only if there is a game where you can play incorrect strategy but other than that human factors don't have anything to do with chances of winning. Like previous poster said a cockroach would win as easily in the casino.
The only way to win against casinos is to play Casino bonuses with optimal strategy and retain as much value of those bonuses as possible during play-through. There are people doing this as their full-time job, you know.