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How long is the long run when you start losing ?

Started by Manchester, March 20, 2018, 10:54:59 AM

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Manchester

let's say you have $100,000 bank roll .  you win 1 uni which is $1000 . Can you do it everyday ? Is the long run effecting this ?

i think $1000 per day is more than enough to live ?

thanks

21 Aces

A huge part of baccarat is being able to make a relevant amount of money that is produced by tight play.  A lot of players are trying to knock it out of the park based on their bank roll.
Life is something you dominate if you're any good. - Tom Buchanan

Manchester

Quote from: 21 Aces on March 20, 2018, 11:07:12 AM
A huge part of baccarat is being able to make a relevant amount of money that is produced by tight play.  A lot of players are trying to knock it out of the park based on their bank roll.

Could you clarify that '' knock it out of the park '' for me please ? > sorry an english is not my first language

thanks

21 Aces

More later.  Knock it out of the park like a home run in baseball...

To the other conversation going.  If someone has a $100 bank roll.  ONE HUNDRED DOLLARS. And they work with percentages, and they make one net $10 winning gain per year, they have already beaten most professionals on Wall Street  hands down.  10% return in one year...

Now make it $1,000,000 where they make $100,000 over the course of a year.  That is 10%.  The ideal is to be in that large bank roll position where you can have a serious 5 or 6 figure bank roll minimum and they tight, controlled play still produces win that is relevant in our economy.  Everything is very expensive and not sure about other regions, but in my area there are a lot of baccarat players and poker players grinding win on a pro or semi-pro basis.

There is no long run.  Long run and huge numbers are for the casino to manage.  That is a much different position.  Our long run is the sum of every minute played.  We have to play in a manner that exploits variance.  For example, if you catch a strong trend or key high payout bet win, the casino is not going to force you to keep playing.  A player can stop at any time, and many use sharp upside variance to stop out.  The only thing they could do is throw a bunch of alcohol, drugs, kitty, food, other comp's etc. or have your jet break down just like Hollywood shows it to make it inviting for you to continue to play.

https://www.youtube.com/watch?v=s03AuoQkjZs
Life is something you dominate if you're any good. - Tom Buchanan

alrelax

You seem to compare a lot of baccarat and gambling to professional sport.  Even amateur versus professional statuses. 

What happened with the Vikings, whom are hands-down professional players making millions and millions of dollars a year.  They are a professional sports team with professional players, every single one of them, no? 

Or do you just select whom does great or wins and suddenly label them professional?  Huh?

So. back to the Vikings.  What happened with one of the most fantastic, professional, spot-on throws and catches in the last few seconds of the game?  The game that was going to propel them into the first Superbowl to be played in a home stadium by the home host state's team?  What happened when those professional players and professional team went to Philadelphia the following week? 

Last 6 seconds of the game, and he also stayed in bounds when it was caught as he was falling.  Amateur or Professional?  What happened the following week? 

https://www.youtube.com/watch?v=diqXGD6msfg&feature=player_embedded

https://www.youtube.com/watch?v=VTRdnbMh7Dg

Did they go for my favorite, the Philadelphia cheese-steak with the original cheez wiz?  Maybe some Center City brothel action with some Phila girls?  Maybe they desired a bit Frankie Smith and some Double Dutch Bus?  Because their game the professional Minnesota team played in a professional football stadium against another professional football team sure did not appear to be professional looking on behalf of the Vikings?

Maybe they alternate their status between amateur and professional, huh?

I was there with my kids.  It was nothing shy of professional, well executed, skilled, and miraculous.  To the millionth power.  Brings back a memory of the year before last in Vegas at Caesar's Palace, when my wife and I was at a bac table,.  Just bought in at an open table.  Just us.  I made $130k plus in a just over a shoe.  She grabs $80k, we leave the rest on the table, I follow her out to the taxi line, she tells the cab driver, go to the nearest Cadillac dealer.  She picks out the black Escalade ESV sitting on the showroom floor and says, how long before you can prep it  The salesman goes, later this afternoon.  She throws $1,000.00 on his desk, if it is down in 1, maybe 2 hours that is yours.  Are we amateurs or professionals?  By the way, the remaining money was eventually lost, but the buy-in was locked up and we left Vegas with it. 

And you know what, we were at a $500 to $25K bac table.  The last two hands I played, I throw in table max of $25k.  My wife was like sitting there, did not say anything.  Stone cold silent, just nodded her head.  I knew 100% it would be ugly, real ugly if I went from about $80k of win money down to $20-30K.  Cause I knew if I did table max and lost, the next hand I would have done table max again, to get even, at least.  But I won the first one and then I won the second one.  First hand players had 7, dealer passed me the banker cards.  A face card and an ace.  Dealer slides out the card to me and I look at my wife.  She is still stone cold silent.  I peek at it, it was a 3 line card.  Told her never lose.  A smile.  Flipped over a 7.  Next hand.  Player returns a 5.  We had a 2.  Player pulls an Ace.  My experience, that is not a pretty hand for the banker.  Dealer slides me the card.  I peek.  Another 3 line card.  Told my wife, 2 chances to win and one chance to lose.  She frowns.  Stone cold silent, repositions herself.  She reaches in and attempts to look at the card.  I told her no.  She sits back.  I see it is a 6 but did not say anything.  I tell her there is at least one dot in the middle and I need her to blow off the dot at the other end or we lose.  She is standing up blowing on it like all the Asians do and fanning it with her hand.  I flip over a 6, the dealer cracks up laughing, she looks at me and says WTF?  I told her, hey you wanted to get involved in the game no? 
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

21 Aces

What is a pro player?  Someone who only makes money playing at what income level per month?  Maybe some baccarat players and poker players are find with making enough to live comfortably and cover their expenses.  Maybe a pro is only someone who makes what amount per year?  I would rather be exclusive pro than where I am now, and I will be someday.  The casino is an office just like any other high risk/ reward venture is.  Digging ditches or being homeless with no prospect to live and starving and freezing every day and a million other things are harder than baccarat.

Most athletes that make the top level of their game are very good.  I have already posted to the nth degree how star NBA players made their game on their predecessors and worked their a$$ off to do it on top of their raw potential.  There are a lot of themes to who does well in sports, especially in the NFL.  There are some teams that are terrible year in and year out - forever.  A lot of pro sports are rigged - plenty of evidence. 

1 second search:

New York Times:
Fixed Soccer Matches Cast Shadow Over World Cup
A New York Times investigation of match fixing ahead of the last World Cup gives an unusually detailed look at the ease with which professional gamblers can fix matches. READ PART 2
By DECLAN HILL and JERÉ LONGMANMAY 31, 2014

https://www.nytimes.com/2014/06/01/sports/soccer/fixed-matches-cast-shadow-over-world-cup.html


I look to any area of high performance/ high risk to learn from.   I haven't heard an interview from a rapper/ hip-hop artist I don't think ever that does not talk about how much other talent there is and how they are so blessed to be rewarded at the levels they are financially from it.  More relevant is probably drawing from poker players to strengthen what baccarat players tend to be weak in.



If someone who isn't familiar with baseball doesn't know what 'knock it out of the park' means, I will find a kick a$$ video to show. The fact they are conversing in a 2nd or 3rd language shows they are smart.
Life is something you dominate if you're any good. - Tom Buchanan

21 Aces

Manchester, you and others are welcome to send me private messages about the game.  Every long term track record is made up of actions and decisions made  in the short term.  That is what so many seem to be lost on.

If you search through this site you will find plenty of delusions about the long run.  If you are going to engage in something that has high risk/ reward or any level of that, you will experience a bad outcome if you do not do it correctly.


Michael Schumacher took high risk and built a remarkable career driving F1 only to be taken out by a skiing accident so remember that next time you cross the street.

4 years later: No word on F1 great Michael Schumacher's condition
Schumacher camp continues to keeps information in house
January 5, 2018

http://autoweek.com/article/formula-one/4-years-later-no-word-f1-great-michael-schumachers-condition
Life is something you dominate if you're any good. - Tom Buchanan

alrelax

What is a professional?  There are professionals, experts and amateurs in all professions, hobbies and sports, period.  Some are great and many are miserable. 

A sports team or a gambling team, whatever--that actually makes a living (does not matter at what salary--level--or dollar figure, etc.) out of playing whatever it is, is a professional for sake of labeling ease IMO. 

As far as that person's level of experience, expertise and success, there are all kinds and all types if interpretations. 

In my line of work, Hazardous Materials and Toxic Chemical Spill Recovery, I consider myself an expert through my experience, references, constant referral by state and government officials to private trucking companies that are spill generators, etc., etc.  I know what I am doing and I am absolutely great at it--if i do not know what I was called out for or I am one bit apprehensive, I 99% of the time turn it down or work together with another company that is experienced in the type of product that spilled. 

However, professional, expert, amateur, etc., we all make mistakes in a profession or a sport.  We all have the chance to get injured or be killed doing that thing or something else. 

Pro's lose as well for many reason.  Greed, burn out, not thinking clearly, whatever, many things.  Same thing with non-pros.

My last comment on this subject--seems some wish to spar over this.  Thanks. 

My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 36,951 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

21 Aces

Yes people falter, but many out there seem to buy fake news, propaganda, and the rest hook, line, and sinker non-stop about who is good at what and performance.  They read some bullhit article from some jackass that has no idea what they are talking about and buy it.  These are the same people that can't believe the Vikings could mess up or that player didn't make a play as they sit on a Lazy-Boy watching from the sideline.

Just like you took the effort to so the research and confirm how much the Dark Wizard and his Black Riders actually play - ZERO.  So he and his merry band of bro's can just STFU and stick with their aspect of the game which is calculating game statistics which have ZERO bearing on the game as a player.

Baccarat and everything else should be what you can gain an advantage from and benefit from.  Pro/ non-pro are just titles, and the issue is much more complex.  I can see first hand that there is a component of player I have spent a hell a lot of hours with that are loaded to the hilt.  Some are well known figures in their field.  They don't play particularly well, but they have a good attitude towards the game.  I am sure of it 100% that they stake the strength and character they get from the game and apply it to their work, practice, or business ventures.  So let's say they lose $100,000 in a year playing baccarat, but added more than that in their job or whatever because they perform much better for playing baccarat, are they a loser?  Are they pro?

If a litigation attorney turns from a puppy into a pit bull by playing baccarat on the side. taking down much bigger cases because they have learned a lot about themselves under pressure and a lot more about people through the experience such that now their practice is at levels above, are they pro?


Here's a piece for all you that think there so many brilliant people on Wall Street, and I have substantial past experience on the street.  A lot of Wall Street, banking, and finance forever is excellent sales/ marketing/ PR.

Zero Hedge:
Study Reveals 95% Of Finance Professionals Can't Beat The Market


https://www.zerohedge.com/news/2018-03-20/study-reveals-95-finance-professionals-can't-beat-market


'Here's an analogy, perhaps it's not perfect: Suppose you could be guaranteed to score in the 95th percentile on the LSAT, MCAT, GRE, or GMAT exam without studying for even one minute. Wouldn't that be appealing to most people compared to the alternative of spending a lot of time studying and probably getting a lower score?

If I can out-perform 95% of active managers with a Vanguard or Fidelity index fund for almost free (.04% expense ratio), that choice to me seems easy: go with index investing. As Bethany McLean wrote in Fortune "Building a portfolio around index funds isn't really settling for the average. It's just refusing to believe in magic."'
Life is something you dominate if you're any good. - Tom Buchanan

Johno-Egalite

Quote from: Manchester on March 20, 2018, 10:54:59 AM
let's say you have $100,000 bank roll .  you win 1 uni which is $1000 . Can you do it everyday ? Is the long run effecting this ?

i think $1000 per day is more than enough to live ?

thanks
LOL, your post made me laugh.  With a 100,000 BR, you should never lose, never, never in your lifetime (seriously).
However there are a few caveats, firstly you make no mention of your minimum bet, hopefully it is not 1000, because it is very easy to lose several bets when you first hit the table.

Also, forget this 1000 daily, you take what you can take, you could live off 100 a week, so if some days you only squeeze out 200 or 500, then so be it. Just come in low, with the knowledge and security of knowing you have the army of NATO behind you to get you out of any jam. $25 level, 50 level, stepping up to the $100 level to recoup, win a few units and walk.   Repeat that forever more until you get barred.   
Maths is great like that.  Once it's been proven that no method exists to do what you claim, it's not necessary to go through the details of your system to prove that it doesn't work.  You claim that it does something which can be proven impossible, therefore your claim is false. The details don't matter.  I use the names Junket, Junket King, Lugi, Mark Teruya, Rolex, Relex, Rolex Watch, Mark, Eaglite, JohnO & More depending on what day it is and whom I am attempting to be!

21 Aces

Any house worthwhile isn't going to restrict a player no matter how much they win.  They can limit bet size, and require minimums.  Yes, it is good to have big money from outside, so money is big inside, play tight, and zero's and win are relevant in our economy.
Life is something you dominate if you're any good. - Tom Buchanan