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[greenguy]

A large bankroll will not turn a losing player into a winning player.

Only a winning method will,  regardless of the bankroll.

If you have a winning method you can win 1,000  with a small 5,000.

If you want to play for fun and or pocket money then you can get by with a few thousand dollars.

But if you want to earn a living from gambling then you need a large bankroll. Even 100k is a bit on the small side for this.

If you want to start any professional business venture it will cost money, lots of money, so why would it to be any different with a gambling venture?

[alrelax]

Re-reading and thinking on a few answers in the down time today, tough week, lots of work and amazing--other companies turning it down.  Holiday weekend, send kids to Wisconsin Dells for their last summer fling before school starts of Tuesday.  Sitting down waiting for the pizza to cook.

Greenguy is exactly right, I started my current business venture last spring, my partner sits down and says how much for equip and inventory.  I said $350,000.00 and it came to $600,000.00 or so and thing is all the real estate and business support functions already in place without cost!!  Equipment, 2 skid loaders, Cat 315 and a Cat 330 trackhoe, a Cat backhoe, bulldozer, detachable trailers, 2 dump trucks and a semi with a side dump, light plant/generator, box truck, quick response SUV with trailer, arrow boards, message boards, traffic control equip, containment equipment, full inventory of sorbents, absorbents, matting, booms, etc., the list is long.  It came to the 600k or so.  Office, warehouse, and storage lot was already available and paid for, no lease or rent, partner own it all.  But a deduction comes out of the double net profit for use of it all of course. 

We have a business deal where each job is figured up and then all the inventory, personnel and out of pocket expenses are deducted from the total.  Then a certain percentage is deducted for the business support end.  Then we split, and his percentage comes to about 50% with roughly (various job to job) about 30-35% for the hard costs and 10-15% in my pocket for the 'bonus'.  Of course I have a deal for weekly salary/vehicle/expenses/health care, etc.  It is now just over a year and I billed out right around 1.4 million dollars gross.  He is almost whole on his investment, not quite once you figure in taxes, depreciation and all that on the business end.  Diffidently a good investment and the clincher is that, he is secured in it all, can repossess and sell it off if I didn't perform or something went wrong, etc.  In todays business (post 2008) people are tighter and have a greater need to be secured and collateralized.  Gambling does not offer that and unless you are into loan sharking like the Asians in NYC or other metro areas, with females able to be willing to help pay off the debt if you can't or you don't have free and clear vehicle titles and houses to put up, money is not lent for far fetched schemes. Gambling falls into the latter.   

And BTW, basically in the couple hundred thousand range, even one does have it and wants to gamble it on a legit business, all it winds up doing is buying yourself a $500-$1,000 a week job with a huge financial risk that something goes wrong with no cash reserves or credit to bail yourself out.  Just reality. 

[Rolex-Watch]

just as millions of other LOSERS that tried and failed in the past.

Stop taking about yourself, Mr "I gifted the casino's a quarter of a million bucks.   

No wonder you're asking around for $100,000

Nobody is asking around for anything. Just like Roberta to twist things.  What is sad, is that you're just like the thousand others in any casino in the world right now, thinks they have something by studying a score board consisting of totally irrelevant historic results while acting like an ostrich to the sad truth.

Hence, bet more shallow, smaller units, I'm sure you'll come full circle and find a $10 table soon, before permanent booboo's. 

In the last 5 months, I've gambled at RWS, MBS Singapore, Sky City Auckland and Adelaide, Jupiters Gold Coast, heading to the Crown, Perth this week, some R&R in Dubai, how you swinging Roberta, getting around a bit are we?

[Rolex-Watch]

And BTW, basically in the couple hundred thousand range, even one does have it and wants to gamble it on a legit business, all it winds up doing is buying yourself a $500-$1,000 a week job with a huge financial risk that something goes wrong with no cash reserves or credit to bail yourself out.  Just reality.

$500-$1,000 per day job, actually our goal is minimum $2k, I've managed to pull the $1k min per day last year for 5 weeks, I've done 6 days winning $10k per day ($67k in 6 days), until the cas' brought it to a halt via cheating, but that is another story.

Some of you need to move from behind your computer screens and hang out in the real world, it is at casino's chatting to people you get the real low down, sure beats these faceless conversations with nomarks. 

Then you get those that post preposterous claims then run and hide behind weasel excuses at any invitation to hook up. Duck and dive when somebody makes a $10000 challenge at the WoV.  I'm 200% certain he'd love that $10k but also knew his "method" couldn't back up what his mouth was saying, so had to also weasel out of that one as well.

"oh I'm betting smaller now than my previous claimed 3-ville $400 per hand"(like were you ever).  "ooh look at me, computa rated winner", I'm gushing, let's all swoon & bow down.  Major screws loose if you ask me, I know this, because cos' i've met my fair share of normal intelligent people in casinos, once the conversation turns to bet selection, you realize how crazed normal people can be when it comes to gambling, you attempt to enlighten them, then realize they are too far gone.  Sounds like somebody who's been frequenting various board for the last decade, making all kind of claims, but never ever once backed by substance, (keep writing in code loon) LMAO. 

[greenguy]

...i've met my fair share of normal intelligent people in casinos, once the conversation turns to bet selection, you realize how crazed normal people can be when it comes to gambling, you attempt to enlighten them...

You will never enlighten them because the thing is, they are looking at you, scratching their heads while thinking exactly the same thing about you.

"..oh, here comes that loony bloke with those crazy templates of his, always tryin' to convince us he's got the game licked. Seems like a nice guy, but what a nutter!"

[Rolex-Watch]

Yeah but I've done it. Have witnesses to prove it. Enjoying my third overseas jaunt in 18mths, VIP room, hospitality etc. How about you?

Too busy on the Internet holding your nuts I assume.

[greenguy]

you on the net too, bro. 

I can honestly say it brings me some happiness to hear that you have enjoyed such a luxurious lifestyle thanks to your prowess at casino gambling. More power to you.

Not my time yet, still stuck here in tik-tok land buying a house and raising a family for now, but I do live 10 minutes from Star City and the soon to be Barangaroo Crown, so I see plenty of action without having your commendable full-blown conviction. 

[NoRegret]

$500-$1,000 per day job, actually our goal is minimum $2k, I've managed to pull the $1k min per day last year for 5 weeks, I've done 6 days winning $10k per day ($67k in 6 days), until the cas' brought it to a halt via cheating, but that is another story.

Rolex-Watch,

That is very impressive.  I can always win a little everyday even starting with an immediate loss.  Trying to reach my 10-25% is what's hard to do every day.  I don't think I ever have a streak longer than about 10 days without taking a hit.  Sometimes small and sometimes large hit.  Just today, I was up a little over 5% but end up losing 70% of my bankroll.  That was about 3 days worth of winning, leaving me with only 2 days of winning.

(Applies to everyone): I just think everyone should just do their own thing and not worry about others because it's tough enough try to win at this game and there's no way of getting the truth unless you witness their bankroll getting smaller.  A guy at one of my casino claims to win upwards of $500-5K using 5K bankroll.  It was hard to tell because he has cars, other luxury items and money to show every single visit.  5 years down the line though, I would see him with with no more than $500 of bankroll.  Usually just $300.   That's when they can't pretend that they are winning.  About 90% will not admit to losing.

==================

Someone mention having a larger bankroll doesn't help.  I think it does unless you're playing to scale and expect the same percentage of win.  It's much harder if you have 3K bankroll and expect to win 1k/day than you would with 100k bankroll trying to win 1k/day.

[Rolex-Watch]

Someone mention having a larger bankroll doesn't help.  I think it does unless you're playing to scale and expect the same percentage of win.  It's much harder if you have 3K bankroll and expect to win 1k/day than you would with 100k bankroll trying to win 1k/day.

As I said to somebody today (it's great talking face to face), if you have a 3k BR and for example you have to bet 800 ~ 1000 your going to feel nervy, whereas with a 100k BR, you couldn't care less.

Ditto, playing say at even a $25 level, with $2k BR or $25 with a $10k BR, you simply feel different, even if you never have any intention of drawing on the $10k, knowing that it is warming your a$$ gives you confidence.

Yes it is a very tough game, as somebody once said, "you have to burn to learn".  You can never under estimate composure, been there done it, with my "string MM" and "template approaches" that allows me to fictionalise the losing jag, then it becomes strictly a betting and discipline game.

As our teacher says above, "cough a 4 column is only 25%", sure is if you continually get LLW LLLW LLLW.  Are shoes normally like that,are they buggery.  The game is entirely non-predicable and random and sometimes you get, Wxxx, LWxx, Wxxx, where x = no-bet.  However that is from a few years back, I have moved forward since, some are still locked in the mystical fantasy of guessing shoes, even claiming to be masters of such nonsense.  Pattern Capturing to the nth degree is smart way to play.       

[NoRegret]

..and no one's ever going to hand over 100k to a bunch of redneck hill billy gambler's so they can shoot up the town cowboy style.

Get your own 100k and put your money where your mouth is, I say.

[smiley]cactus/Untitled-1.gif[/smiley]

Surprisingly someone offer me this deal yesterday morning.  100K bankroll for a guarantee 5K/day.  That is 5% and in return he would give me some.  Although he didn't mention how much since I hesitated at the guarantee part.  I came up to do the math and realize maybe it's doable without a lot of pressure.   I was tempted to take the deal but thought nothing can be guarantee.  I guess if I can set some conditions about firing me if I loss 20% of his bankroll.  I'm not actually playing with BORROWED money but just being employed by him.  That probably makes the difference.  That deal might not be there anymore today as I took a loss last night.  Although he knows that I aim higher than 5%. 

He owns an IT company and has loss upwards of 5 million dollars in 30 years.  Apparently he has been observing me over the years.  I've seen him but never seen him play.  My friend confirms that he used to play along with him in the private rooms and that probably explains why I never seen him play.

Instead of taking a winning share, I would probably ask him to employ me in his company as one of the executives.  The pressure of playing without a job in my experience is many folds harder.  I failed miserably in the first year when I did it and it still isn't easy three years later.  Every huge loss is a dagger to the heart, know no wins for the month means losing due to bills.

[alrelax]

Why is it, many are scared of old fashioned work?  Does it really matter how the income comes to you??  I will post right now in my Blog how I made well in excess of $100k in a single night.  What it takes and the best part of it was, it was guaranteed.  I have heard of very few making $100k plus in one night at the tables in the high limits even with hundreds of thousands of dollars buy-in or bankroll.  A few do, here and there and even out of those, the majority would give it back trying for more.

One thing with work, not gambling, I have never heard of or talked to anyone that told me,  at the end of their work week or the job, told the boss or their client, "you know what, forget it---I rather not get paid", LOL.

[soxfan]

I've managed to pull the $1k min per day last year for 5 weeks, I've done 6 days winning $10k per day ($67k in 6 days), until the cas' brought it to a halt via cheating, but that is another story.

So, ya still figure that joint down under rigged the shoe to put the kibosh on yer anti-streak style? You are one paranoid cat, I must say, hey hey.

[AsymBacGuy]

It's a totally nonsense to keep to state that bac is a perfect 50/50 game yet beatable by some magical MM procedures.

Any perfect 50/50 game isn't beatable by any means; 50/50 systems will provide perfectly unbeatable situations where no one bankroll will get the best it other than about short illusional terms. And there are no guarantees that such short term will be too short to get any valuable profit. 

There are no laws to prevent that a 50/50 game will form a 4 or higher sr negative deviation followed by a single positive outcome and followed by another 4 or higher sr deviation, a sequence capable to kill any money management procedure even if the player is Bill Gates (knowing the minimum-maximum limits applied by casinos).
Unlikely? It could happen.

So a 50/50 game might "easily" show up a series of 16 (and every proportional deviation) or higher 4 P streaks in a row without any 3 P streak, or the counterpart situation of 16 or more B singles series in a row without any B streak.

Fortunately and humanly terms speaking, we won't look at such 50/50 situations as baccarat isn't a 50/50 undependent process game.

Do we really think that some serious bac players will buy the theory that a 50/50 game is beatable by a deep MM approach?

as.





   





 

       

[WorldBaccaratKing]

Why is it, many are scared of old fashioned work?  Does it really matter how the income comes to you??  I will post right now in my Blog how I made well in excess of $100k in a single night.  What it takes and the best part of it was, it was guaranteed.  I have heard of very few making $100k plus in one night at the tables in the high limits even with hundreds of thousands of dollars buy-in or bankroll.  A few do, here and there and even out of those, the majority would give it back trying for more.

One thing with work, not gambling, I have never heard of or talked to anyone that told me,  at the end of their work week or the job, told the boss or their client, "you know what, forget it---I rather not get paid", LOL.

Al,

What your talking about is much different than gambling, IMO. Everyone in this thread is speaking about playing baccarat with a hypothetical 100k bankroll. I know what you do but, and a big BUT, is if you didn't have the backer you couldn't do that sort of work? Correct?

One needs X amount of equipment, licenses, permits, knowledge, and the biggest one of all- CAPITAL.

Hell, I know of a lot of businesses where you can make money, the problem is the cost of entry is astronomical in most cases. That is why the rich get richer and the poor get poorer....

A lawyer friend of mine has 300+ employees in Boston. He goes after consumers who do not pay their debts (works for CC companies). He has like 9 offices, makes something crazy like 50k a day/profit. The cost of entry to get where he is right off the ground floor would be ASTRONOMICAL! he had to work and work and work and build and reinvest 100x over....

So, I guess my point again is there is a multitude of businesses, ventures, etc where you can make good $$$$$. The all mighty dollar is what usually stops most.

For every startup business that succeeds and for every entrepreneur who makes the latest greatest app, there are 10's of thousands who fail and you NEVER hear about.

[WorldBaccaratKing]

if 100 people had a 100k bankroll, IMO, 1% at most would turn that into a million. That's 1 out of 100. I am probably being to generous....I'm not talking about going to the table and betting 100k, then 200k, then 400k, then 200k, then 4 wins is all that is needed to hit the million mark (not speaking about commissions). I'm saying using a max bet of like 2-4k, and trying to get to a million is literally impossible grinding it out with the daily grind.....