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Highlighted => Online Casinos => Topic started by: Jarabo002 on June 14, 2013, 12:38:51 PM

Title: Punto Banco without house edge
Post by: Jarabo002 on June 14, 2013, 12:38:51 PM
Hello

Betvoyager (http://betvoyager) offer the game Punto Banco without house edge.

In this game I'm testing a series of very simple mathematical strategies in relation to the 2.7% that is added or removed from the bet on punto and banco espectively. I see that this is impossible to have a modicum of success.

Can you think of you any idea about it? Is eventually possible to obtain some kind of positive result to the long run? I understand they are very difficult questions to answer.

Thank you.
Title: Re: Punto Banco without house edge
Post by: TwoCatSam on June 14, 2013, 01:02:24 PM
Bro, you lost me on that 2.7%.  I only know of a 5% rake against the banker winning.  Player pays $1 and banker pays $.95.

What is this 2.7%??

Samster
Title: Re: Punto Banco without house edge
Post by: Jarabo002 on June 14, 2013, 01:08:31 PM
Quote from: TwoCatSam on June 14, 2013, 01:02:24 PM
Bro, you lost me on that 2.7%.  I only know of a 5% rake against the banker winning.  Player pays $1 and banker pays $.95.

What is this 2.7%??

Samster

https://www.betvoyager.com/games/other/punto-banco/10471678719869/ (https://www.betvoyager.com/games/other/punto-banco/10471678719869/)
Title: Re: Punto Banco without house edge
Post by: Chrisbis on June 14, 2013, 01:10:39 PM
Quote
Our Punto Banco No House Edge version features the following payouts.
If the bet on Punto wins, the player gets additional 2.76% of the win.
In other words, this bet is paid 1.0276:1.
If the bet on Banco wins, the casino keeps not 5% of the win, but only 2.7%.

When the game ends in a tie, the bet on a tie is paid 9.5:1.
The payouts on all bets for Punto Banco are rounded down to the nearest cent
.
Title: Re: Punto Banco without house edge
Post by: Albalaha on June 14, 2013, 04:27:08 PM
Do not forget that they will charge additional 10% on the net winning of yours as the rule of "no house edge game". They have very clever rules to harass and not let you win with "no house edge games".
              If they want to give a real "no house edge" baccarat or punto banco, they should give 1:1 on both banker and player bets and 10 for 1 on "tie" bet wins.
QuoteCards are shuffled before every hand in Punto Banco.
This rule further makes the game endless and highly unpredictable. RNG baccarat is a joke.
Title: Re: Punto Banco without house edge
Post by: TwoCatSam on June 14, 2013, 06:40:16 PM
jara and Chris

That is a new one on me!!

Thanks

Sam
Title: Re: Punto Banco without house edge
Post by: ADulay on June 14, 2013, 07:55:02 PM
"The cards are shuffled after each hand".

No need to read any more.  It's merely a computer generated "game" with a front end that resembles "Punto Banco" or a version of Baccarat.

Just say no to this piece of junk.

AD
Title: Re: Punto Banco without house edge
Post by: Albalaha on June 15, 2013, 03:23:45 AM
QuoteJust say no to this piece of junk.

                          I said it too, Captain. This is something like tossing a virtual coin again and again. Limited cards baccarat and this RNG has world of difference. "No house edge" is not even a bit helpful or profitable than the standard one.
Title: Re: Punto Banco without house edge
Post by: Albalaha on June 15, 2013, 09:56:46 AM
QuoteIf a player plays on equal odds casino games, a 10% house fee will be taken from the player's net winnings at the end of the game session or upon a withdrawal of net winnings from the table through the cashier. The duration of the game session cannot exceed 24 hours. The house fee and restrictions are only in regards to equal odds games.If a player plays in the poker room, a 10% house fee will be taken upon a withdrawal of net winnings from the playing table. If a player is absent or does not play for 20 minutes, he is automatically removed from the playing table. The 10% house fee is taken from net winnings upon automatic removal.
The minimum house fee is not less than 1 cent. The rounding error for house fees is +/- 1 cent. Example: A player made a €100 deposit on the No Zero Roulette casino table, won €53.46 and closed the game with a total amount of €153.46. The net winnings here exceed the deposit by €53.46. A 10% house fee is rounded to €5.35. In this case, €148.11 will be credited to the player's account.
Title: Re: Punto Banco without house edge
Post by: Bayes on June 16, 2013, 08:57:01 AM
Quote from: ADulay on June 14, 2013, 07:55:02 PM
"The cards are shuffled after each hand".

No need to read any more.  It's merely a computer generated "game" with a front end that resembles "Punto Banco" or a version of Baccarat.

Just say no to this piece of junk.

AD


AD, not wishing to start a flame war here, but...
WHY is a computer generated game any different, in terms of outcomes, than a "real" game of baccarat with dealers and shoes?
Disregarding rigged RNGs, why should the distribution of B & P be significantly different in an RNG if the game is modelled correctly using simulated decks?

Do you think RNG's are "junk" because they're too random, or perhaps not random enough? what is it about a real shoe which makes the game beatable, as opposed to an RNG. I'd really like to know, because this stuff comes up all the time on forums and it drives me crazy. It always seems to come down to a lack of trust in RNG's (because it's perceived that manipulating outcomes is easier), rather than any hard evidence that outcomes are inherently different.
Title: Re: Punto Banco without house edge
Post by: Blood Angel on June 16, 2013, 09:14:39 AM
Quote from: Bayes on June 16, 2013, 08:57:01 AM

It always seems to come down to a lack of trust in RNG's (because it's perceived that manipulating outcomes is easier), rather than any hard evidence that outcomes are inherently different.
I would just like to add my two penneth worth (I know this wasn't about Roulette specifically but..).
I think the above statement by Bayes hits the nail on the head. Just because they can (and NO doubt have) been manipulated in the past people now have a mental thing in their head for RNG. When somewhere like BV has their hash security what else do you need to know?
I have seen 24 numbers in a row with no repeater and I have seen 7 zeros in a row, all on live wheels, so nothing RNG does surprises me.
This is the point, anything can happen real wheel or not.
Title: Re: Punto Banco without house edge
Post by: Chrisbis on June 16, 2013, 10:32:23 AM
@Blood Angel
Now if U saw that on a wheel in Real Life.......U would wonder wouldn't U!  :o

Never seen those many Zero's in a Line before!!



@Bayes
Great Question.  :thumbsup:
Title: Re: Punto Banco without house edge
Post by: ADulay on June 16, 2013, 02:39:37 PM
Quote from: Bayes on June 16, 2013, 08:57:01 AM

AD, not wishing to start a flame war here, but...
WHY is a computer generated game any different, in terms of outcomes, than a "real" game of baccarat with dealers and shoes?
The comment was made with reference to this "new" game that was posted.   As well you know, the game of baccarat is dealt from a FINITE shoe meaning it has a defined start and finish to it.   The rules of the game are quite specific.   Reshuffling the cards after each hand makes this something other than the game of baccarat.  It now becomes an RNG that produces a number that you wager on.

Quote from: Bayes on June 16, 2013, 08:57:01 AM
Disregarding rigged RNGs, why should the distribution of B & P be significantly different in an RNG if the game is modelled correctly using simulated decks?
The distribution of the B&P may be mathematically correct and indeed random, but it NOT the game of baccarat if the RNG is shuffling the cards after each hand.

Quote from: Bayes on June 16, 2013, 08:57:01 AM
Do you think RNG's are "junk" because they're too random, or perhaps not random enough? what is it about a real shoe which makes the game beatable, as opposed to an RNG. I'd really like to know, because this stuff comes up all the time on forums and it drives me crazy. It always seems to come down to a lack of trust in RNG's (because it's perceived that manipulating outcomes is easier), rather than any hard evidence that outcomes are inherently different.
Once again, if the RNG game would play from a true 6 or 8 deck shoe, then it might be well worth looking into.  However, as it shuffles each hand, it is not the game you are paying for.  It is merely a computer generated, perfectly modeled game of "Pick a Number" and nothing more.

Baccarat is an international game with standard rules.  The casinos keep trying to change it in many ways, always to THEIR advantage, in order to make it look like something else.   One of my biggest pet peeves with most casinos is their refusal to allow you to sit out hand.  But I digress.

Baccarat is a game played from a set amount of cards, not a new deck every hand.  That is the reason that I gave the "junk" rating to this new game.  It would not be difficult to make the RNG game play it "correctly", they just don't want to do that and that's why I will not play RNG baccarat for real money.

I hate to keep harping on the "finite amount of cards" thing but it is a KEY part of the baccarat game.  Cards are removed and not replaced.  This is a big deal and I believe there have been attempts to use the Continuous Shuffle Machines at the baccarat table and the experiment failed miserable as nobody would play the game dealt that way. 

The hardest part of the baccarat game, at least for me, is the start.  You don't know what the shoe may be doing and you've seen nothing to suggest a strategy.   Now bring in the RNG baccarat and you're looking at a new shoe every hand!  Not a good position to be in.

AD
Title: Re: Punto Banco without house edge
Post by: NathanDetroit on June 16, 2013, 03:46:35 PM
*****As well you know, the game of baccarat is dealt from a FINITE shoe meaning it has a defined start and finish to it.   The rules of the game are quite specific.   Reshuffling the cards after each hand makes this something other than the game of baccarat.  It now becomes an RNG that produces a number that you wager on.****** Quote by ADulay


As a  baccarat player at dealer staffed  tables  at B & M casinos I would not like to have  it any other way.


I am supportive of the statement that the RNG baccarat version is   nothing but junk.


Nathan Detroit
Title: Re: Punto Banco without house edge
Post by: Bayes on June 16, 2013, 05:31:40 PM
Quote from: ADulay on June 16, 2013, 02:39:37 PM

I hate to keep harping on the "finite amount of cards" thing but it is a KEY part of the baccarat game.  Cards are removed and not replaced.  This is a big deal and I believe there have been attempts to use the Continuous Shuffle Machines at the baccarat table and the experiment failed miserable as nobody would play the game dealt that way. 


The hardest part of the baccarat game, at least for me, is the start.  You don't know what the shoe may be doing and you've seen nothing to suggest a strategy.   Now bring in the RNG baccarat and you're looking at a new shoe every hand!  Not a good position to be in.

AD


It's a fair point, but the fact that "true" baccarat uses a finite amount of cards would only have practical significance if it were possible to get an edge through counting them (perhaps in the latter half of the shoe), but to my knowledge no such advantage is possible. Replacing cards may result in something other than the game of baccarat, but since (according to the experts) not replacing cards doesn't make any difference insofar as potential profits are concerned (unlike Blackjack) then it has to asked, where is the harm?

P.S. Here's the Wizard's analysis of card-counting in Bacc (http://wizardofodds.com/games/baccarat/appendix/2/).

He concludes:

QuoteI hope this section shows that for all practical purposes baccarat is not a countable game. For more information on a similar experiment I would recomment The Theory of Blackjack by Peter A. Griffin. Although the book is mainly devoted to blackjack he has part of a chapter titled 'Can Baccarat Be Beaten?' on pages 216 to 223. Griffin concludes by saying that even in Atlantic City, with a more liberal shuffle point than Las Vegas, the player betting $1000 in positive expectation hands can expect to profit 70 cents an hour.
Title: Re: Punto Banco without house edge
Post by: Chrisbis on June 16, 2013, 08:35:00 PM
.............and this is not the Peter Griffin from Family Guy!?!?!
Title: Re: Punto Banco without house edge
Post by: ADulay on June 16, 2013, 10:32:59 PM
Quote from: Bayes on June 16, 2013, 05:31:40 PM
It's a fair point, but the fact that "true" baccarat uses a finite amount of cards would only have practical significance if it were possible to get an edge through counting them (perhaps in the latter half of the shoe), but to my knowledge no such advantage is possible.

I agree.  Card counting is not a viable play in baccarat.

Quote from: Bayes on June 16, 2013, 05:31:40 PMReplacing cards may result in something other than the game of baccarat, but since (according to the experts) not replacing cards doesn't make any difference insofar as potential profits are concerned (unlike Blackjack) then it has to asked, where is the harm?

The "harm" is that you're no longer playing baccarat!  Introducing what amounts to a whole new shoe after each hand is simply not the way to play the game.  That in itself is reason to avoid this particular iteration of the game.

Although card counting is apparently ineffective in baccarat, there is a large subset of players who do believe that the shoe is basically "cast in stone" once the first card is drawn and they can determine, with some degree of success, if there is any type of bias showing up.   If their assumptions are correct, they then have a real advantage (or perceived advantage) that they can play the shoe "correctly" and pull a win out of it.

AD
Title: Re: Punto Banco without house edge
Post by: Albalaha on June 17, 2013, 04:17:51 AM
In my first trip, I entered a small casino having airball roulette both automated which runs at every minute and touchscreen betting and one having a table to place chips, a croupier to pay you wining or buy ins or to say, "next bet" or "no more bets". Croupier used to press a button over a roulette wheel having a wheel similar to automated one. I did not like that way too but soon I understood that it has no difference. I won good too, in the very first day.
              When I felt like playing baccarat, I saw again a machine with no real cards. It was kind of software. I tried a few hands, it looked random to me too but again my mind did not allow me to play there. Automated roulette had no trouble, indeed I prefer that. It is like having a private table to place bets where no one is caring about what you are are doing. software baccarat looks indigestible to me although if I think rationally, unless they cheat, they are all same. Continuous shuffle is only meant to make game more unpredictable.
Title: Re: Punto Banco without house edge
Post by: Bayes on June 17, 2013, 05:58:58 AM
I certainly wouldn't knock the psychological aspect of play, and if you're convinced that Baccarat is superior to say, roulette because the outcomes are fixed in advance, then you're probably not going to be persuaded otherwise. So although strictly speaking, Bacc isn't a game of independent trials, it certainly behaves as though it is. The fact that outcomes are set in stone doesn't really give you any more clues as to the composition of the shoe than the case when cards are shuffled back into the shoe after every hand.