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[alrelax]

Understanding the minimum, the average and the maximum wagering and how those fit within a great money management method is not all that complex.

In my opinion, to take your game to the next level you must be smarter, better and focused, while being absolutely 'on board' with your play. If you are not, you will add more negative than positive to your game. I promise you with all my heart that you will.

Besides from the tangibles of a player advantaged money management method, such as bankroll, buy-in risk funds, drawdown understanding, 1/3rd 1/3rd 1/3rd division of your win money, etc., there is a very large part of money management methods which you must understand what your plan is, what your goal is and how you are going to accomplish those.

There certainly are intangible stories behind the numbers that can never be known or in any way guaranteed within any shoe. However you must understand the reasoning behind your play and how you capture the possibilities that are actually opportunities.  So, you must have a targeting focus to get you there.  If you don't, you will most likely fail. 

While bet selection and the frequency of them is very important to winning, without a money management method including a tangible working target incorporating the knowledge of minimum, average and maximum wagering, you are failing to add pure advantage to your play.

Of course, without a doubt we desire the maximum. But you must realize when and why to increase or decrease your wagering.  Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table.

Your wagering that is lost, will create conflict within yourself. And conflict has a lot to do with playing Baccarat in my opinion. Why? Because conflict will change your frame of mind and how you wager with or without your conscious thought. That is not good for you. Be aware of conflict and how and why it comes about. Stay within your comfort zone.  You can find your comfort zone if you understand the proper use of the minimum, the average and the maximum. 

Conflict is the result of events, usually events that went the opposite way you wanted them to go, or if you were remaining neutral, but had a feeling it was going to be a winning result coming about.  As you witnessed  others at the table begin to prosper nicely, conflict can also come. Be aware.

Conflict is a deep and complex subject and all I did after hours of rereading my notes, was just to highlight the above.

Putting it all together. Realize what is happening, why you are making the decisions you are. Such as, are your decisions from the previous hands, triggers and superstitions, the events themselves? Or, are they from the results you have the deduced down from the other people there playing at the table? Huge difference and huge consequences will come about. I literally promise you that. Learn how and why you do things at the table, you will help yourself to be better, make clearer decisions and be better focused while dealing with the events as a great player should be.

I have learned money management methods properly formed and believed in by players are the absolute most valuable and important advantage to playing Baccarat. A Money Management Method is so much more than a stop loss and stop win for a player. I have written in depth about what a real money management method is and you can certainly find those threads on the forum.

Baccarat tables in brick and mortar casinos have a varied range of minimum and maximum wagering limits. The highest majority of casino properties have limits such as:

$10-$25-$1,000
$25-$1,000
$25/$50-$2,000/$2,500
$25/$50-$5,000
$25/$50/$100-$10,000

Most of the higher limit rooms have a limit such as:

$100-$10,000
$200-$15,000
$300-$20,000
$300/$500-$25,000

There are variations around the country of course, but those above are a good example of the highest majority of properties.

Minimums-Averages-Maximums

You need to think of your bet selection as targeting. Naturally the fewer wagers you place, the less chance you have to lose. But in most all cases, as well as reality, the players drawdown will never be covered by his buy-in risk capital or his available funds. Why do I say that?  Because the highest majority of all baccarat players continuously haphazardly flat bet, grind and attempt to profit multiple times their buy-in without the proper knowledge as well as a good player advantaged money management method.  That's why.  So you must divide your wagers and place them with clear and conscious visual and physical goals within your targets. Reread the above paragraph until you absolutely understand it!

Understanding the limits and your targeting within.

Naturally the first way is to target the table minimum. My tangible thought is, that you will focus on accomplishing at least the minimum without the possible loss of too much of your buy-in risk capital funds. Slowly with little to no stress you make it count with just a little bit of parlay and progression. 

The second way is to target the average, kind of a midway point of the table limits as well as what you observe others doing. Yes, a larger goal and an increase of stress and emotions without a doubt. But if you can achieve the average comfortably, you will end up making a considerable difference above the minimum wagering.

The last target is to be able to employ with confidence, positive wins at risk and within a safe draw down amount, the maximum wagering limit or close to it. This last target must be handled with extreme self-control no matter if you win or lose. This target will place you into a new level but you have to be comfortable with it as well as realize you cannot continually wager it.

So many players as well as system sellers and book authors of gambling, will never agree with me. However, after years and years of observation, playing and realization, I know the importance of expectations, desires and tangibility of each of the three; minimums, averages and maximums. 

THE MINIMUM.

You have to understand each of the three targets and how you can win or lose under each. Maybe the easiest way to do that is comparing each to the status quo. What is the status quo? It is simply the existing state of affairs. The current situation, hand after hand for a small section of the shoe you were actively engaging in wagering on.

So to start with, you target very little. The minimum. Minimum can also be viewed as the default because it is close to zero.

You can certainly think of the targets here as getting onto the interstate and off again fairly quickly from a local side street.  You accelerate to a certain speed, monitor and the readjust your speed and decelerate.  Beginning at the minimum, accelerate to the average and peek at the maximum while knowingly focusing on the soon upcoming exiting points and how to get there.

I'm probably going to get chastised for this tangibility protocol assumption, but not many of us will ever sit down, buy in and begin with the maximum target.

I have deduced down to a tangible definition, we begin at or near the minimum as it is a lower threshold for loss, emotions, frustration and less chance to cloud and ruin our frame of minds we strive (or should) to maintain. For myself the minimum target is used as a default target and to keep me in the game while I pursue the possibilities and opportunities I desire.

THE AVERAGE.

Now about the average wagers at the table. Let's say it's a $25-$2500 table. For sake of discussion let's called the minimum $25-$75 wagers and the average $100-$1000. Why? Because in my opinion that is where most of the players will be at the dollar value of the wagers.  The average bets will be in contrast to the minimums. The reason being is the difference between the targeting of the players, their bankrolls and the buy-ins risked and how aggressive each of us are.

Of course if you desire to wager only the average bet, your buy-in will need to be considerably larger than it would if you only target the minimum bet.

If your style is to accumulate a certain amount of win money before raising your target to average from minimum, then that would be in contrast to those that begin and stay within the minimum target until a certain event comes about and they then proceed to the average target for a select hand or two or three.  Completely different styles of acceptable wagering.  That is why following another is not a very good choice because of conflicting styles and goals.

Concentrating on the average makes perfect sense when your buy-in risk capital supports such with a calculated and followed with full self-control while drawdown when losing occurs. 

If you target the average you must recognize your abilities, buy-in volatility and emotions that will come on harder and stronger than targeting the minimum.  Why?  Because a large set of psychological reasons that confuse the highest majority of players as to their wagering decisions to sustain within their target plays on your subconscious altering you.

THE MAXIMUM.

Naturally if you understand the minimum and the average, you will understand the maximum as well. However I'll throw the following out here.

If you have progressed and target the maximum on a focused basis, you will not have many of the obstacles, the frustrations and negative emotions that other type of players will encounter regularly. However, your bank roll and buy-in risk capital will have to be intensely larger than those that target the average as well as the minimum. 

You will have to be extremely focused on frame of mind and clear conscious decisions, that are impeccably spot on without distractions of any type, or large sums of your buy-in risk capital and your bankroll will suffer in much larger and quicker accumulated quantities than all other players. With no exception. In addition there are little chances of recouping and grinding back to an even status when you play focused maximum.

Of course there are bursts and one time, two time, three time, etc., wagers within the maximum range that can easily easily be sustained, from those playing comfortably within the average. 

I guess what I am trying to say is, that most all people working out would not immediately lay down and benchpress their absolute limit, time after time after time from start to finish for their workout. Wouldn't it be more advantageous to those in attempting a maximum to create the opportunity in order to do the maximum with ease and caution while staying within their safe limits?

Targeting the maximum wagers are intense because of the dollar value. To myself the maximum works well with well-planned transition from the average for a limited amount of bursts, with total conscious thought and the knowledge, willpower and self-control to retreat before being defeated.  At least the highest majority of times. 

In Closing.  Minimum.  Knowledge, patience, understanding the process and a focus to move into the average. Average. Realization with application with comfortable continuance for what allows you to win and the ability to develop a Money Management Method that supports your play. Maximum. Short inconsistent bursts that do not cause you defeat and total conscious realization that maximum is to be highly respected and must be walked away from when you lose without any affect upon yourself.

[KungFuBac]

Good essay alrelax.

I agree with most of it.

"...Of course, without a doubt we desire the maximum. But you must realize when and why to increase or decrease your wagering.  Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."

Its important to "Know Thyself".

For example: If I buy in for $____ and divide into ____individual wagers, then what is the average probability I can win three consecutive wagers before I exhaust my number of tries(wagers),...etc or whatever you want to plug into the above.

Is my personal probability greater than average?

What % of my sessions do I hit my _____ goal? If so can I start with fewer and larger wagers and still hit my win goal > 50% of sessions?? ....etc.


It all starts with clearly defined (& designed goals), and then a realistic workable plan.

For example, If I approach a 2k table max table /buy in for 2k and have a base unit size of 60, with a goal: I shall win >=four consecutive wagers (not necessarily 4iar same events) doing a full press or parlay+ pospro before I lose all my tries(wagers). That is realistic and I know I will accomplish that task greater than 50% of my attempts.
 
However, If I walk up to the same table with the same parameters above with a goal: I want to win a bunch of money, so I think I'll just full press any win ten times, color up, and go home. That is unrealistic because I know thyself(myself) and can look at my previous results and calculate or at least estimate the likelihood of success or failure.


Many players do not clearly know what they want to accomplish at that session (or if they do have a target its often unrealistic and or the design of ones plan doesn't fit the target). So the probability of success is minimal.


"...Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."


     To my thinking, it is optimum to always start ones wager above the minimum (more options), regardless of if it is a Win or a loss.
For example, if table min is $50 and one is considering wagering table minimum then my preference would be to start wagering greater than 50 or say at least $60. This way we at least have the option to reduce to 55 or 50. Since Im mostly a pospro player that typically isn't an issue. However, I find it helpful to have more options vs fewer options.

re: "..minimum average and maximum wagering at the table.."

I find it helpful to know where my wager will be at least three to five Wins(or losses) down the road in my wagering regime.



More later,

[alrelax]

You said:  "However, If I walk up to the same table with the same parameters above with a goal: I want to win a bunch of money, so I think I'll just full press any win ten times, color up, and go home. That is unrealistic because I know thyself(myself) and can look at my previous results and calculate or at least estimate the likelihood of success or failure.

Many players do not clearly know what they want to accomplish at that session (or if they do have a target its often unrealistic and or the design of ones plan doesn't fit the target). So the probability of success is minimal."

I wrote within the article:  "You need to think of your bet selection as targeting. Naturally the fewer wagers you place, the less chance you have to lose. But in most all cases, as well as reality, the players drawdown will never be covered by his buy-in risk capital or his available funds. Why do I say that?  Because the highest majority of all baccarat players continuously haphazardly flat bet, grind and attempt to profit multiple times their buy-in without the proper knowledge as well as a good player advantaged money management method.  That's why.  So you must divide your wagers and place them with clear and conscious visual and physical goals within your targets. Reread the above paragraph until you absolutely understand it!"

P.S. & BTW.  I try to always say, 'I'm going to win and lose and when the right time comes in, I will smack'em as hard as I can'.