Welcome back Bally, it's always nice to see you in this site.
Hope you'll restart to post.

as.

Hi KFB!

Ouch, I guess it's just coincidental...a weird coincidence though.

Never investigated the ACV but I know you don't miss anything...


One should look at baccarat wagers just like shopping. Sometimes the wager is worth more than what we pay for it and sometimes wagers are selling for a price greater than their value. Optimally we should shop to pay $48 for a $52 dollar wager. Sometimes there are even better deals. However, often there may only be a half dozen or so good deals per shoe.

Can't agree more on that.

as.

Nice to see this thread has had a good few hits down the years. Renzoni's thoughts have stayed with me and really helped shaped my thoughts on how to attack the game of Baccarat or Roulette.

Quite simply, What has worked best for me is increasing the bets as long as I am only getting single losses. Two losses in a row takes away most of the wins for that particular sequence but nobody forces you to sit there and keep playing if you have a big pile of chips in front of you!

Gizmo was getting on a bit in years and his health not so great either. Let's hope he is just taking a bit of a well earned rest. When you reflect on things looking back, it's clear to see now that Gizmo was well ahead of the curve in relation to where a lot of other guys were at and what's impressive about that is that it was all mostly self taught as well. Here is hoping we have not heard the last from him.

I am new here posting but I have been reading for several years.  I read a lot of the Gizmotron writings and interjected with him on other boards.  Extremely intelligent in my observations.  Missing in action as all know.

edit

ACV= Average Card Value


thx,kfb

Hi AsymBacGuy/hope you had a good week at the tables.

re:Your post awhile back about your approx edge of 3.46% net as shown in the excerpt below. I meant to ask you a question back when u posted but it was late at night /I guess I forgot about it.

Q: Is this 3.46% correlated to the ACV of 3.46 or just coincidental???
Thx in advance.
-------------------------------------------

From post #1233

"..Our estimated edge

Since we cannot use our algorithms in real play and not trusting (mainly for technical reasons) online games, we're forced to approximate at best an already approximating way of considering an average card distribution. Nonetheless at the end our average edge lines up at around 3.46% after vig.
It's a real big advantage but unfortunately performing huge fluctuations related to the actual shoe card distribution..."

Hi RouletteDevil

"If anyone out there who still uses this forum, anyone playing the Nolley Molly on the dozens? "

Personally I do not play the nolley molley/ play very little roulette. However, there are a lot of good posts/discussions on the forum.
A poster Gizmotron (aka gizmo) studied roulette for decades and posted many good essays here(maybe on other forums too but not sure). I do not fully grasp 100% of his methodology. However, I play Bac with a professional poker player that has found a lot of success from gizmos writings(He plays roulette about 20% of his table time).

The past few years have been very lucrative for him @ roulette. He reads on this forum though I am not aware of his posting on this forum. I will try to coax him into posting his thoughts on gizmos' methods. Maybe other rouletters will add some thoughts about gizmo et al systems.



Best of luck to you

I find the part in bold very interesting:Baccarat hold was 26.7% versus 16.4% in the prior year...

Baccarat offering wagers with a H.E. at approx 1.15% yet a hold of 26.7%.


 Nevada/Las Vegas first quarter
"...For the Las Vegas Strip, table game hold was 18.9% versus 14.8% the prior year. Baccarat hold was 26.7% versus 16.4% in the prior year..."



https://cdcgaming.com/wall-street-bets-vegas-strip-room-rates-golden-entertainment-penn-entertainment-nevada-las-vegas-first-quarter/

Hi Asym

"...So less is more, by any means. Meaning that lower is the amount of our bets better will be our "precision" of being more right than wrong. At the cost of missing some profitable situations that anyway itlr will save us a lot of money...."

     I concur. This is one of most important attributes a successful player can posses(i.e., selecting or shopping for the best value bet).
I observe many players approaching the game like someone entering a shopping mall on payday. They buy a lot of merchandise(bets) that are not priced at a good value.

One should look at baccarat wagers just like shopping. Sometimes the wager is worth more than what we pay for it and sometimes wagers are selling for a price greater than their value. Optimally we should shop to pay $48 for a $52 dollar wager. Sometimes there are even better deals. However, often there may only be a half dozen or so good deals per shoe.

Cheers,