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[tdx]

Golden Dragon  --  looks like you fell victim to the dreaded monster which destroys most gamblers..........the feared and destructive C.E.

C.E. = Casino Environment

[21 Aces]

Style drift in bet selection and position sizing FOR THE WORSE should be a big focus.  You can drift very far over time and not even know it.  A huge factor for me has been playing in the midst of much bigger players.  It tends to make you too aggressive for your bank roll.  If a player has a rack(s), most likely they have many, many, many racks behind that and more.

[alrelax]

100% the game is patience, willpower, some type of progression/regression on wagers, money management and the experience that comes with losing in the past if one can change their own ways.  The more you win the more you lust in the game, the harder and tougher you make it for yourself.

Anything good, fun, enjoyable, i.e.;expensive hobbies, addictions concerning drugs/alcohol, etc. that many have and so on, are some prime examples. 

Baccarat sucks in many that see easy money and riches.  In live casinos there are a ton of excuses players blame for their loses, other players, rigged machine shuffles, fast dealers, etc.  But in all cases it is the player with delusions of fantasy. 

[21 Aces]

A top source of problems in gambling as with financial risk taking has to be one's psychology and attitude towards money.  Someone who has worked very hard in their life, been tested to the core in many arenas, and has dealt with large financials is in an advantaged position.  It is their life experience that gives them the strength to act decisively.

I have a substantial problem at this time as I am a different player when in a win back position.   Some of the amounts taken back and elapsed times are so far out of anything I have achieved with a lead.  Why not play like that out of the gates?

[gr8player]

Thank you for a very informative and truth to earth experiences.  I can not comment any more of your post.  It's true that there is no system to beat the casino, especially baccarat.  The only thing is DISCIPLINE.  It happens to me thousand times but I still haven't learned to stop when losing.  I have been on  winning for a week, but last night, yes last night, I gave it all back even though I did realize I'm on the losing day.  I can not just call it a day but go back to get more money.  I feel (just like the other thousand times) ashamed and unintelligent.  Right now, I'm down financially and mentally.  I have only 800 left.  Stupid me.   Discipline is the only thing to survive.

Hello, GoldenDragon, and welcome to the forum.

Yours is a rather familiar refrain, and you should know that the problem is not limited to you, nor any single player.  We ALL suffer discipline lapses from time to time, so don't beat yourself up too much about it.

That said, I feel compelled to offer you some serious advice:

You might want to consider quitting gambling altogether.  And I say that only with your best interests at heart.  You see, my friend, not everyone is cut out for this game.  And those that cannot control their emotions in the heat of battle at the tables certainly, IMHO, fall into that category.

Never forget this: 

Writing about discipline is the easy part.  All one needs to be able to do is to spell it correctly.  Words come relatively easily...

BUUTTT, to empower those words and ACTUALLY INCORPORATE their usage into one's game AT ALL TIMES...that, my friend, is the hard part.

And I've found, after all these years spent at the Baccarat tables, that the MAJORITY of players wouldn't know discipline from a hole in the wall.  They are there, after all is said and done, to gamble.  They're there for the rush of it all.  I could write a book all about discipline, and they'd be interested only in finding some pictures to look at.

IF, my friend, that lacking, non-serious player is YOU, again, I humbly suggest that you find a more suitable hobby for yourself.  More suitable and a heck-of-a-lot LESS COSTLY.

Take care, and be well.

[Albalaha]

House edge is the most powerful tool of casino. Next comes "Gamblers' ruin" or the fact that a person playing with handful of chips can not win to a casino having virtually endless chips. Last but not the least is the variance, specially the negative one killing all strategies, MM, systems or whatever you may call.
         The irony is, most of the educated player know all these either through reading about them or through there experiences, yet they chose to gamble with or without any strategy. If discipline makes a winner, a tracker, bot or tester is the most disciplined player. Feed that with your strategy, MM, stop loss or whatever u call discipline. Simulate long data and see where u will be standing after playing regularly. Nothing can make you understand better.

[gr8player]

If discipline makes a winner, a tracker, bot or tester is the most disciplined player.

This is simply not so, for there exists no "tracker, bot, or tester" that can play this game as subjectively as I.

I've said it a thousand times, but it bears repeating here:  I've learned to take over control that which I CAN control and, believe me, there is no way that can be done, nor replicated, in any "mechanical" manner.

[Garfield]

Well...it is not a new thing. Well at least I have something to read here. Wishing everyone a great day!

[Artemis]

Hello Everyone,

I am new to this Forum and this is my first Post!

Bacchus ,  THANK YOU for this Thread!  It actually confirms what I am doing at the moment.

Like you, I have a heavily disciplined approach.  My aim is to increase my Bankroll by 10% per day.  This has been happening successfully so far but I prefer your method of 12 units with the three units profit.  What I have been doing is a Goal of 10%, sometimes if things are going smoothly, I try for over 10% but with a stop loss of 5% of that days profit.  If I hit 15% I stop and if I go back down to 5% (of that days profit)I stop.  Usually though, I attempt only a few bets over my 10% Goal and  if it looks like achieving that target is not going smoothly I stop for the Day.

You have inspired me further and I will be adopting your Bankroll Mgt.

Oh, I play Baccarat online at a Live Dealer Casino and ONLY flat Bet.  This has been going on for roughly two Weeks and I am playing everyday.

Thank you again for your Post and PLEASE keep us updated!

Warmest Regards,

Artemis

[21 Aces]

There are times where a session will start very bad.  My playing colleague stated 'All of the shoes don't look good'.  And we are talking a house that has an s load of them going.  I think I'm doing three shots next time I start to get a bad vibe going.

[shaoyonglee]

Up for awareness....  I got my share of experience too...

[21 Aces]

Anyone else lock up? I went over 90 minutes last night with no bet.  Just wandering around the floor looking.

[RolexWatch]

Anyone else lock up? I went over 90 minutes last night with no bet.  Just wandering around the floor looking.

I did better than that last week.  Rocked up at local casino, which has no score board.  Shoe is nearing the end, couple of Chinese players, but they record the shoe which is impossible to follow, both Banker and Player recorded as an "X".   They are so slow, so I decide to have a meal and wait for a new shoe.  I missed the shuffle up cos I was eating.  Went over the same Chinese players had started the shoe and gone outside for a smoke.  N

No way am I jumping in the middle of a shoe, because I need to know how many hands have been played.  It would have taken at least an hour before this shoe finished, so I went home.  Didn't place a single bet and ate for free    Sod them, they should have a electronic score board by now.

[21 Aces]

Starting to see that warm-up and post play training have more and more value.

Warm-up
The game does not have an ability to care what is going on in our world.  That is, everyone shows up to play at a certain day and time, and the number of tables and nature of every game may be this or that, but they are all live whether you are ready or not.  Thinking that a series of $0 bets or low amount bets with maximum effort are a good approach to getting back in the cockpit.  The upside is that a player can get back into a strong performance position, and the downside is the player goes redlined if they do well with zero or small small.

Post Play Training
Post play training can be allocating a certain amount of win to playing at a table really working hard to eliminate all real play weaknesses.  This may be best at a table by yourself so there are no other players to influence.  For example, if you are up $1,000 on the session, you could allocated $200 to play like this and improve.

Training
Training anytime should be a benefit if you take it seriously.  This can include training in a knock out situation, strong up session, and everywhere in between.


Also, after so much experience playing, it is very difficult to understand what it is that makes a strong run of wins.  Most experienced players will run into losing streaks and other times go on can't lose streaks.

[21 Aces]

Complete morons make a hell a lot of money playing professional ball and a number of a billion things in life.  Go ask an executive casino manager about hold percentages, number of winners, the long run, and who win and who doesn't.  Surprisingly, many that play discount the impact or infrequent players or players that come in and take massive, not massive, but MASSIVE LOSS.

The 'in the long run', everyone loses, baccarat is so hard line of thinking is great on paper!  I equalled or bettered what most on Wall Street can not do in a year last night.  It was so boss on a percentage basis too!  And I won so I guess their 'in the long run' snipers will be gunning for me and everyone else tonight. 

Actually it is better going through life believing that you won't succeed or that it is impossible.  I mean that are such great prospects for everyone out there with a the great professions out there an no executives, boards, and AI/ machines looking to eliminate all of them.