WELCOME

Started by KungFuBac, November 21, 2022, 03:09:10 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

KungFuBac

WELCOME

Welcome to KungFuBacs' section.
A little personal gaming history, theories, and beliefs to follow.

I've played Baccarat since the early 2000s (2003 or so) and this is my only game. I've played full time for approximately four years. I play mostly in USA and have well over 100 casinos within an approximate 10Min to 3hour drive near a four-state junction in the Midwest.  Most of my casinos are Indian casinos. Many only have one (or two) Bac tables and some have zero.  I strive to play 1800 hands per week (Play not necessarily wager). I mostly play during the day and weekdays and by design avoid late Friday nights and Saturday night.

Primary Wagering Mode: Positive Progression with an emphasis on compounding with precise efficiency to >= my goal.

Below are a few topics that came to mind from my personal list of gambling theories, opinions, proverbs related to gambling...etc (not in any particular order), that I find worthy of further discussion.

I find all of these topics important for one trying to develop an overall gameplan for utilization on a daily basis. I'm still striving to improve my gameplan, so addendum ideas/ strategies are welcomed.

•   Focus on managing Variance including and not limited to: Bet selection, Bet size to buyin to bankroll ratios. For the most part a successful casino investor(player) its all about Money management, patience, and discipline, AND LIMITING LOSING STREAKS/SESSIONS. They happen to all.

•   Most importantly design the above gameplan to match ones personal and specific monetary objective. This trumps everything.

•   Be unafraid to win

•   Accept losing shoes and sessions. They are inevitable. Don't dwell on them and don't strive to "make up" or catch up in the next shoe(s) or session(s). We may have that opportunity in the next shoe or session. However, we can't always bulldoze our desires into that next shoe. Though one must always be in anticipatory mode for when that makeup shoe or session shows(and it will).

•   Successful gambling must be learned by doing. Most of us probably attended post-high school education for 2-12 years to learn theory and skill in our occupation. Yet I think most of us travelled our most accelerated learning curve in the first couple years of applying (doing) that occupation. Gambling is no different in my opinion.



•   If one wants to become an expert at something a most efficient path is to seek someone that has already developed that area of expertise through experience. It does not matter if that field of study is gambler, doctor, mechanic, engineer, or electrician. Most highly skilled and successful professionals are glad to assist a less-experienced comrade in their same field. That willingness to help is also a sign one is highly skilled and a professional. All things being equal seek knowledge from that old white-haired 75yo vs that 25yo.
Though we should always believe we can learn something from everybody. Sometimes that lesson may be what not to do.

•   Reading and studying Bac, running 000s, and 000000s of sims are all helpful and that's all good and fine. However, playing with real money on that real shoe that's in front of you right now is the best teacher of all.

•   Winning ITLR (in the long run) is all about limiting our losses on the really bad shoes.  MM, patience, and discipline ITSR are important allies.

•   Never feel a need to continuously chase a losing spot. Never completely depart a winning spot.

•   Variance is our nemesis. Variance can also be our best friend and crucial to our winning.

•   One should utilize ones whole buyin if we are willing to give the casino a chance at our whole buyin. IOW its disadvantageous to only use say 30-40% of ones buyin if ones stop loss is 100% of said buyin.

•   Im an advocate for managing our casino bankroll and buyin in a similar manner to managing a small business, one's stock and investments portfolio,...etc.

•   I view my buyin as Im playing my buyin against my buyin. In other words, I'm not playing my buyin against the casinos bankroll. Im trying to win >= my buyin  prior  to losing my buyin.

•   The casino investor(player) has many advantages over the casino. For the most part the casino is required to "match" our move. We get to choose when/where to place our wager along with size. Most importantly we get to make choices  after  an event or decision has occurred.

From the gamblers rules of etiquette:

Don't complain to others about losing sessions. 90% don't care and the remaining 10% are halfway glad you lost.


Continued Success To All,
"There are many large numbers smaller than one."

alrelax

Thank you for your participation here.  It is real and it is spot on.

I can personally vouch for the reality of this member, KungFuBac, as we regularly discuss countless aspects of the game and the casino in general. 

Stay safe and carry on.

Thanks,
Alrelax
Board Owner and Administrator
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 35, 224 shoes of baccarat since I started playing at B&M USA casinos.

"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.
 
EMAIL: Betselectionboard@Gmail.Com

AsymBacGuy

A very welcome, KFB!!!

The contribute of yours is much appreciated. ;)

as.
Baccarat is 99% skill and 1% luck

CLEAR EYES, FULL HEARTS. CAN'T LOSE
(Friday Night Lights TV series)

Winners don't do different things, they do things differently (Albalaha)

ADulay

Welcome aboard.

I've read many of your previous postings and am looking forward to more in the future.

AD

AsymBacGuy

Hi KFB!
Very interesting points as always from your part!

About MM.

People thinking that baccarat is a sole MM game is completely wrong, imo.
If we have found an advantage, best way we'll exploit it is by flat betting as we significantly reduce the variance.

The 'limiting losing variance' cannot be profitably accomplished other than by flat betting as we can't precisely know how things will develop on this shoe or on next shoes.

A kind of MM approach is by not betting at all at some (many) situations, unless strong 'comp' related situations must be applied.

as.

 


   
 
Baccarat is 99% skill and 1% luck

CLEAR EYES, FULL HEARTS. CAN'T LOSE
(Friday Night Lights TV series)

Winners don't do different things, they do things differently (Albalaha)