Hi everyone long time reader and first time posting. just come up with an idea of applying Compound interest to
baccarat ? 2 percent a day or even only 1 percent a day.
Compound interest formular
FV = P (1 + r / n)^n
FV = future value
P = Present value
r = percentage per day you want
^n = number of day
let's say 1 year = 365 days I play baccarat 250 day ( the rest is rest day / holidays )
My capital15000 is about 440 us dollars .
my capital is 15000 ( not in us dollars )
15000 x (1+2/100) ^1 = 15300 day 1
so literally 2 percent a day
day 2 is going to be
15300 x (1+2/100)^1 = 15606 day 2
now you see the picture so i will fast forward to day 270
15000 x (1+2/100)^270 = 3148746.0433 day 270
im not going to wager 2 percent per hand , but i will split 2 percent to 0.5 percent . so one day i need to win 0.5 percent 4
times to make it to 2 percent per day.
the hardest thing is about self control and discipline. i think the first few days you will have the feeling inside you said '' go one more 2 percent so you don't need to do tomorrow or maybe cheeky one more for so you don't need to pay for a pack cigarette''
the another one is you can not withdrawal your capital at all , you need to keep bankroll growing
for example 2 percent of 15000 is 300 so you wager 75 / hand ( 75 is 0.5 percent of 15000 )
day 2 0.5 percent per hand of 15300 is 76.5 total 2 percent is 306 which is going to next next day and so on
but if you withdrawal your first 300 by day 2 you need to make it 300 + 306 but your capital is 15000 so 606 is your 2 percent for this day so 0,5 percent / wager is 151.5 which is a lot more than 75 if you keep your 2 percent profit ..
so like i said above i don't have any specific method how i play but i m
quite content with flat betting . So i will split 300 in 4 ( 0.5 ) = 75
day 270
2 percent of 3148746.0433 is 62974 <<< the point i try to make is i can't promise myself that if i can go that far to day 270 , do i have a courage to wager to look at this as 0.5 unit ? but not the amout money ? like 6297 is 2 percent of that day and 0.5 is 1574 . day 270 and day 2 is going to be different story because 0.5 from day 2 is 75 ( a pack of ciggy in my country cost 80 ) i will feel like nothing i can do about this money .. but when day 270 is like 1574 .. do you understand what im trying to say ? its the same 0.5 unit per wager or 2 percent a day but value of money is totally different in term of what you can do with this amount .
also I think i will apply this discipline from the topic below . In my mind i think this thread from him is one of the best self control so far.
http://betselection.cc/baccarat-forum/baccarat-the-real-struggle-is-not-in-the-house-but-yourself/
I ve been playing online and never tried this long term plan before . but where im from we don't have casino
so i can only play online via joing my neighbour county online site .
apologise in advance for some grammars mistakes , english is not my first language .
feel free to give any opinions
thanks a lot for your time
Interesting idea. So I coded a test to see if I could amortize starting with $500 and a single net win of $5 times 5 net wins (5% - .05). I rounded it to integers where dollar chips are used. I also ended it at 112 days of gambling because a lot of casinos limit out at $1,000.
on mouseUp
set the numberFormat to "0.##"
put 500 into zapThis1
put "$500 -- Starting Bankroll" & return into field "mainText"
repeat with i = 1 to 112
put (.05 * zapThis1) / 5 into singleBetAmount
put trunc(singleBetAmount) into singleBetAmount2
put (zapThis1 + (5 * singleBetAmount2)) into zapThis2
put zapThis2 into zapThis1
put "$" after field "mainText"
put zapThis1 & " -- Single Bet Amount = " after field "mainText"
put "$" & singleBetAmount2 after field "mainText"
put return after field "mainText"
end repeat
end mouseUp
Here are the results:
$500 -- Starting Bankroll
$525 -- Single Bet Amount = $5
$550 -- Single Bet Amount = $5
$575 -- Single Bet Amount = $5
$600 -- Single Bet Amount = $5
$630 -- Single Bet Amount = $6
$660 -- Single Bet Amount = $6
$690 -- Single Bet Amount = $6
$720 -- Single Bet Amount = $6
$755 -- Single Bet Amount = $7
$790 -- Single Bet Amount = $7
$825 -- Single Bet Amount = $7
$865 -- Single Bet Amount = $8
$905 -- Single Bet Amount = $8
$950 -- Single Bet Amount = $9
$995 -- Single Bet Amount = $9
$1040 -- Single Bet Amount = $9
$1090 -- Single Bet Amount = $10
$1140 -- Single Bet Amount = $10
$1195 -- Single Bet Amount = $11
$1250 -- Single Bet Amount = $11
$1310 -- Single Bet Amount = $12
$1375 -- Single Bet Amount = $13
$1440 -- Single Bet Amount = $13
$1510 -- Single Bet Amount = $14
$1585 -- Single Bet Amount = $15
$1660 -- Single Bet Amount = $15
$1740 -- Single Bet Amount = $16
$1825 -- Single Bet Amount = $17
$1915 -- Single Bet Amount = $18
$2010 -- Single Bet Amount = $19
$2110 -- Single Bet Amount = $20
$2215 -- Single Bet Amount = $21
$2325 -- Single Bet Amount = $22
$2440 -- Single Bet Amount = $23
$2560 -- Single Bet Amount = $24
$2685 -- Single Bet Amount = $25
$2815 -- Single Bet Amount = $26
$2955 -- Single Bet Amount = $28
$3100 -- Single Bet Amount = $29
$3255 -- Single Bet Amount = $31
$3415 -- Single Bet Amount = $32
$3585 -- Single Bet Amount = $34
$3760 -- Single Bet Amount = $35
$3945 -- Single Bet Amount = $37
$4140 -- Single Bet Amount = $39
$4345 -- Single Bet Amount = $41
$4560 -- Single Bet Amount = $43
$4785 -- Single Bet Amount = $45
$5020 -- Single Bet Amount = $47
$5270 -- Single Bet Amount = $50
$5530 -- Single Bet Amount = $52
$5805 -- Single Bet Amount = $55
$6095 -- Single Bet Amount = $58
$6395 -- Single Bet Amount = $60
$6710 -- Single Bet Amount = $63
$7045 -- Single Bet Amount = $67
$7395 -- Single Bet Amount = $70
$7760 -- Single Bet Amount = $73
$8145 -- Single Bet Amount = $77
$8550 -- Single Bet Amount = $81
$8975 -- Single Bet Amount = $85
$9420 -- Single Bet Amount = $89
$9890 -- Single Bet Amount = $94
$10380 -- Single Bet Amount = $98
$10895 -- Single Bet Amount = $103
$11435 -- Single Bet Amount = $108
$12005 -- Single Bet Amount = $114
$12605 -- Single Bet Amount = $120
$13235 -- Single Bet Amount = $126
$13895 -- Single Bet Amount = $132
$14585 -- Single Bet Amount = $138
$15310 -- Single Bet Amount = $145
$16075 -- Single Bet Amount = $153
$16875 -- Single Bet Amount = $160
$17715 -- Single Bet Amount = $168
$18600 -- Single Bet Amount = $177
$19530 -- Single Bet Amount = $186
$20505 -- Single Bet Amount = $195
$21530 -- Single Bet Amount = $205
$22605 -- Single Bet Amount = $215
$23735 -- Single Bet Amount = $226
$24920 -- Single Bet Amount = $237
$26165 -- Single Bet Amount = $249
$27470 -- Single Bet Amount = $261
$28840 -- Single Bet Amount = $274
$30280 -- Single Bet Amount = $288
$31790 -- Single Bet Amount = $302
$33375 -- Single Bet Amount = $317
$35040 -- Single Bet Amount = $333
$36790 -- Single Bet Amount = $350
$38625 -- Single Bet Amount = $367
$40555 -- Single Bet Amount = $386
$42580 -- Single Bet Amount = $405
$44705 -- Single Bet Amount = $425
$46940 -- Single Bet Amount = $447
$49285 -- Single Bet Amount = $469
$51745 -- Single Bet Amount = $492
$54330 -- Single Bet Amount = $517
$57045 -- Single Bet Amount = $543
$59895 -- Single Bet Amount = $570
$62885 -- Single Bet Amount = $598
$66025 -- Single Bet Amount = $628
$69325 -- Single Bet Amount = $660
$72790 -- Single Bet Amount = $693
$76425 -- Single Bet Amount = $727
$80245 -- Single Bet Amount = $764
$84255 -- Single Bet Amount = $802
$88465 -- Single Bet Amount = $842
$92885 -- Single Bet Amount = $884
$97525 -- Single Bet Amount = $928
$102400 -- Single Bet Amount = $975
$107520 -- Single Bet Amount = $1024
Short answer: Yes.
Long answer: No.
It really depends on the individuals bankroll and the individual themself as you stated. Winning 2% of $1500 is extremely different than winning 2% of $10,000 or even $100,000.
Besides, who would want to walk into a casino everyday for a year unless they were guaranteed a win. Gas isn't cheap
- >:D
My average daily profit is equal to about 3% of my lifetimes bank roll, so 2% is a nice number. I think that 5% is the upper limit and cats lookin to capture 10% or more are delusional, hey hey.
You have to factor in all the days you lose 2 % of your bankroll.....................which can be very discouraging.
Quote from: tdx on April 28, 2017, 12:16:28 AM
You have to factor in all the days you lose 2 % of your bankroll.....................which can be very discouraging.
Of course, you will have losing session but the 3% is an average, over time, hey hey.
Here is how to get 10% with three net wins per session. Two wins at 2 units per number bet, and then one win at 1 unit per number bet. Example uses two dozens or one dozen to win.
wwLwLwwwLwLwLwwwww
| 1 2 3 | A B C | 0 3 6 | P |
| X | X | X | | -- 33
| X | X | X | P | -- 31
|-------------------| X | P | -- 37
| X | X | X | P | -- 27
| X | X | X | | -- 9
| X | X | X | | -- 8
| X | X | X | | -- 16
| X | X | X | | -- 24
| X | X | X | P | -- 28
| X | X | X | | -- 9
| X | X | X | P | # 2 -- 0 -- (No Bet) -- (2 & 3 to win next) @ 2
| X | X | X | | # 13 -- Won -- 24 -- ( 0's & 3's to win next) @ 2
| X | X | X | | # 23 -- Won -- 44 -- ( 0's & 3's to win next) @ 2
| X | X | X | | # 33 -- Lost -- -8 -- (2 & 3 to win next) @ 2
| X | X | X | | # 20 -- Won -- 16 -- (2 & 3 to win next) @ 2
| X | X | X | P | # 1 -- Lost -- -32 -- (2 & 3 to win next) @ 2
| X | X | X | | # 36 -- Won -- -8 -- ( 1 & 2 to win next) @ 2
| X | X | X | | # 10 -- Won -- 16 -- (2 & 3 to win next) @ 2
| X | X | X | P | # 17 -- Won -- 40 -- ( 1 & 3 to win next) @ 2
| X | X | X | | # 24 -- Lost -- -8 -- (Not Prime 22 to win next) @ 2
| X | X | X | | # 21 -- Won -- 20 -- (Not Prime 22 to win next) @ 2
| X | X | X | P | # 2 -- Lost -- -24 -- ( 1 & 2 to win next) @ 2
| X | X | X | | # 10 -- Won -- 0 -- ( 1 & 2 to win next) @ 2
|-------------------| X | P | # 37 -- Lost -- -48 -- (2 & 3 to win next) @ 2
| X | X | X | P | # 17 -- Won -- -24 -- ( 1 & 3 to win next) @ 2
| X | X | X | | # 26 -- Won -- 0 -- ( 0's & 3's to win next)
| X | X | X | | # 24 -- Won -- 20 -- ( 0's & 6's to win next) @ 2
| X | X | X | P | # 5 -- Won -- 40 -- (2 & 3 to win next) @ 1
| X | X | X | | # 35 -- Won -- 52