Bank Rolls, Buy-Ins, Money Management, Wagering, Believes, Etc.

Money Management Systems tailored for your style and profit goals, etc., is the way to fuel your $$$ into your pockets when you gamble!

Lack of it will make you unsuccessful, not your choice of wagers or most other things, but lack of a money management system will hurt you more than any other thing in gambling, period!

The whole picture is your Bank roll and what you risk when you play out of your bank roll.  Personally, when I am playing locally and not staying for a week, say in Las Vegas or another major gambling destination, I only take my buy-in which is a small percentage of my dedicated bank roll.  Personally, I do risk my buy-in for the session without a stop loss.  More times than not, meaning the majority of times I can profit.  The few times I do loss my buy-in, it is far outweighed by my wins, because I use a 1/3rd Money Management System that, I refined to allow myself to leave with win money and as well?replace my original buy-in without further risk to that either. 

Buy-Ins.  So, buy-ins are totally separate from the bank roll.  5-10% buy-in at the most of the bank roll.  Personally, I cannot envision playing every day as many state they do or desire to do.  The fallacy of winning every day or having large enough bank rolls to survive hundreds of units of down swings to make a few units, is still ?dreamsville? to me after playing for around 40 years.  Personally, once or twice a week is about it, at least on a regular basis, IMO and experience.   My other rock solid iron clad rule that I might break once every 100 trips, is never buying in a second time if the buy in was lost without being able to play on win money. 

Win Money.  Personally, I employ my 1/3rd-1/3rd-1/3rd money management system which cannot and will not fail me to replace my buy-in and always leave with win money.  Period. 

What so many baccarat players I have played alongside, observed and been associated with over the years, make a single mistake.  Which is, the continued buying in after they lose their initial buy-in.  They have no structure or self-control, none.  They will drain themselves in the worst catch-22 situations they create and entrap themselves in.  If you lose, you lose.  That is it.  If you can?t get past this?nothing can or will ever help you.  Nothing, zip.  Keep losing your units and keep flat betting or even negative progression and all you do is sink yourself worse and worse.

Win money causes more clouded vision and obnoxious behavior at the baccarat table.  Get over it.  Know what wins are and how they come or do not come in proportion to losses.  You will do yourself a huge justice by learning what I just said. 

Stop believing what you play on paper using a free game, such as the one on Wizard of Odds website or any of the other on-line casino websites where they offer practice shoes.  There are other factors within a casino that come into play that do not exist on the internet. 

If you have no plan or a haphazard notion, or you sometimes do this or that with your win money---you will risk it and lose it every single time.  Those that use their win money to fuel their positive session they start to encounter will eventually lose it all, because you will play until you get it back, you will lose it all plus anything you have access to.

Do not keep adding to your bank roll.  You will doom yourself.

Do not play larger because you won a few sessions.

1-2-3-4 or 2-4-6-12, etc., positive progression will kill you if you religiously do them.  I talked about this numerous times in other posts I written.  It is easy to win one or two wagers, it is really hard beyond comprehension to continually win 4 or more in a row.  300 to 600 to 1,200 to 2,400 will happen so rarely, your lost units will outweigh by huge amounts, your won units!  That is why I subscribe to 1-3-2-6 and other versions of that style.  If I win one or two, then I ride free to win larger.  Another story and like I said, I wrote and explained that in detailed before on the board.  I promise you that it is the only way to do good-okay or at least better in the long run. 

Concerning playing every day or say 5 to 6 times a week, your mind will not allow you to play level headed and repeatedly profit a few units and continually build you bank roll.  So many preach it?it is not realistic or doable.  Sorry to harp on it, but I see it all the time.  It is not going to happen.  You will lose more than you win.  Again, looks great on paper and in theory, but you cannot and will not do it and religiously profit every week, week in and week out.

So much talk about 1's, 2's and 3's.  With it or against it.  The times you are correct you will eventually (seriously 100% of the time over say a period of sessions) give it all back by continually believing and wagering the way you just won.  That same shoe will produce just as many 1's, 2's and 3's and "cuts", the opposite way that you wager on, and if that one does not---the subsequent ones you will be playing that same day or the following days, will.  Sorry to be the bearer of bad news, but it will happen the absolute highest majority of the times. 

The way you can be successful at something like that, is to be there when it happens with a certain wagering thought, but immediately after you profit from it, you have to religiously subscribe to 'refreshing and resetting' and forgetting about that.  Not particularly easy as the psychological effect will attempt to steer you to what just made you $$$ and made you delightful and feeling good all over.  Then as you attempt the replication of that same series of wagering, the shoe presentments went the opposite ways. 

Money Management Systems,.  M.M. is much more than a negative or a positive progression.  Much more than a win-stop or a loss-stop.  That is where so many will fail as well.  They play all the time, every session as if attempting to repeat their best one or copy in real life as to what they learned on paper or the internet.  Real life is a bit different than Doctor Seuss books once you are older than say 10 years old, IMO.  Realize it.

There are coincidences and phenomena in baccarat, and that is what will cloud your vision and confuse you, more than anything else in this game!  Instilling a bad sense of knowledge you will (I promise you!) wager on.  Meaning, what you saw altered your good vision or your good sense of judgement and you believed the shoe will present the hands according to what you desire through wishful thinking or fallacy beliefs.  Once you figure all this out through experience and losses, you can become a very profitable baccarat player.  Real life analogy.  Think of what I just said in this paragraph as erotic foreplay you seen in a movie.  Translate that to yourself and your erotic desires.  How many times will you lay your eyes on a female, grasp each other, go buy the bottle of wine and strip each other's clothes off and find yourself on those silk and satin sheets with the wind blowing through the open window and the dove that, suddenly flew in and perched himself on the bedpost as you make love to the most beautiful girl you happened to meet in your life and you don't even know her name?

Playing -?-, -?- or -?- of the shoes or only wagering after ever 4th repeating banker or player for the '1s' or the 'cuts', does not matter.  As many times as you win those, you will lose when those do not happen.  Simple.  But those that go into dialog s, real convincing and real slick will convince you otherwise.  Counting, waiting and looking for an event will not work in the long run.  It might for the same day-one session and if you only play once or twice a year, but it will not if you play on a regular basis.  Playing that way will kill you, I promise you!

Glen -  it is really hard beyond comprehension to continually win 4 or more in a row. 

Then it must be really stressful to do 1-3-2-6 Glen. Because if you explain it in the next breath, it gets confusing. I remember somewhere you mentioned its subjective and it could be 1-1-3-1-2-1-1-6. Correct me if I am wrong. So the more then one unit bets could be arbitrarily placed and not necessarily consecutive to each other

Pray tell.

Quote from: Lungyeh on June 18, 2019, 06:41:33 PM
Glen -  it is really hard beyond comprehension to continually win 4 or more in a row. 

Then it must be really stressful to do 1-3-2-6 Glen. Because if you explain it in the next breath, it gets confusing. I remember somewhere you mentioned its subjective and it could be 1-1-3-1-2-1-1-6. Correct me if I am wrong. So the more then one unit bets could be arbitrarily placed and not necessarily consecutive to each other

Pray tell.

Yes and No.  Both. 

I do wager back to back a lot and also 3 in a row.  But most of the time I do keep my progressions and parlays going/continuing, even if it is not every hand. 

Again, depends on other factors such as how easy the previous wins came, extremely strong or very weak and catching them all or winning one out of 2 or 3, etc.  Everything has to be weighed. 

I give examples, impossible to give every type and scenario of course. 

So I may do a 1-3-2-6 but it might take me 10 or 15 hands in order to accomplish those 4 wagers.  Most of the time, I would keep it going, $200, $600, $400 and the 4th one for $1,200. 

And, I might change up yes.  3-9-6-18 or back to something real gentle like  1-1-1-5 or 1-1-1-2-4. 

But there is nothing saying we have to wager every hand or keep anything going. 

I have stated numerous times, I do like to be covered on all of my progressions with win money rather than sheer buy in risk capital.