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Old 06-30-2008, 10:34 PM   #1
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Foolproof system for beating baccarat....

Let the jeers begin. I am immune, as I have been called an idiot for 6 straight months by the dealers, floorpersons, pit bosses, and my fellow players.

You see, I have an unusual betting style. I bet $25 on the player and $50 on the player dragon bonus. I love those SUCKER bets.

Dragon Bonus Table at Coushatta Casino Resort, Kinder, Louisiana :

1x Natural Winner
2x Difference 4 or 5
6x Difference 6 or 7
10x Difference of 8
30x Difference of 9
Natural Ties PUSH

I calculated the player edge on this table fairly easily from the tables at Wizard of Odds. Do it yourself and never be amazed by the incompetence of casino management.

6.7% edge to the player!!

My brothers and I won over $200,000 over 6 months while never betting over $100/hand.

Sadly, just last week, the table changed to 4X on a difference of 6-7, making the game unplayable.

flekk17

Last edited by flekk17; 06-30-2008 at 10:44 PM.
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Old 07-01-2008, 01:22 AM   #2
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Re: Foolproof system for beating baccarat....

$$$$$$$$$$$$$$$
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Old 07-01-2008, 04:04 AM   #3
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Re: Foolproof system for beating baccarat....

Quote:
Foolproof system for beating baccarat....
Quote:
Sadly, just last week, the table changed to 4X on a difference of 6-7, making the game unplayable.
oh
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Old 07-01-2008, 09:38 AM   #4
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Re: Foolproof system for beating baccarat....

Quote:
Originally Posted by flekk17 View Post
... never be amazed by the incompetence of casino management.
A motto to live by.
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Old 07-01-2008, 04:16 PM   #5
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Re: Foolproof system for beating baccarat....

When I read the title of the OP, I thought it was going to be another Martingale post. I'm glad to see it wasn't. Too bad casino management caught their mistake.
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Old 07-01-2008, 06:19 PM   #6
 
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Re: Foolproof system for beating baccarat....

Assuming all of this is true, I would wonder why no other players started to wonder about the strategy, and if measures were taken to hide total wins etc. If this was done (ie hide some of the winnings so it looks like it was less of a win/loss and or vary strategy a little to avoid detection) for a long time while all along no bragging was done then I commend the OP for this.
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Old 07-01-2008, 07:51 PM   #7
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Re: Foolproof system for beating baccarat....

Thanks. It was easy to escape detection as the baccarat action is very heavy in the Lake Charles market. I remember one day having $1500 green in each pocket -- I kept bumping people with my expanded "hips". Psychologically, it was a difficult "system" to play. We experienced losing streaks of up to 40 hands in a row with no bonus payout. We had downswings of up to $8000. Most of the time we could look like losers as the 30x payouts account for about 11% of the expected value.
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Old 07-01-2008, 07:54 PM   #8
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Re: Foolproof system for beating baccarat....

Assuming all of this is true,

Yes, I know ALL gamblers lie. I am not a gambler .
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Old 07-01-2008, 10:31 PM   #9
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Re: Foolproof system for beating baccarat....

Other players did ask about our strategy.

"Why bet only the player?"
"If you bet the banker you have to pay commission."

"Why do you bet more on the bonus?"
"I love hitting 30 times."

"Are you making any money doing that?" Dealer question.
"Yeah, as long as we don't hit any "banker runs"." Dealer laughs.

Banker runs were when we could lament the most .

Players especially asked about our strategy -- many tried it only to be wiped out by the huge swings. And as I mentioned, the psychology of being a LOSER for 40 straight hands is tough.

We did not vary our strategy as it was assumed to be imbecilic from the start. DRAGON BONUS is a sucker bet. This dogmatic thinking is hard to overcome.

After a banker run, my youngest brother had a Vietnamese woman pleading with him to stop betting like that. She was nearly in tears. "I'm going to keep trying it my way for a little bit longer."
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Old 07-01-2008, 11:29 PM   #10
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Re: Foolproof system for beating baccarat....

Quote:
We did not vary our strategy as it was assumed to be imbecilic from the start. DRAGON BONUS is a sucker bet. This dogmatic thinking is hard to overcome
It reminds me of the time a few friends and I were playing Reno -- the Cal Neva Club was offering even money on Canadian dollars which we could freely buy over the border for about 93c. We played $100C notes in the field 24/7 for even money. Our biggest problem was converting our winnings back into Canadian.

The club thought we were crazy -- and we were comped quite well for our "play".
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Old 07-02-2008, 02:02 AM   #11
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Re: Foolproof system for beating baccarat....

Jesus.
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Old 07-02-2008, 04:32 AM   #12
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Re: Foolproof system for beating baccarat....

Management took two steps to rectify their diminished hold:

1. "Whipped" the dealers to quicken the pace of the game. The dealers were put on the clock. They were under strict orders: Scoop the cards, "place your bets", "last call", "no more bets" -- faster, faster. Most dealers were achieving 50-60 decisions per hour at a full table. My brother Steve once played a shoe (70-80 hands) in 11 minutes head up. This did not seem to hurt our win rate .

2. By order of the CFO, ONE AND A HALF decks were cut from the back of the shoe (standard is 14 cards cut off). Apparently, baccarat card counters were responsible for the lost revenue.

Oh, and the comps -- I receive $100/week in cash "back" and Steve gets $150/week. Tonight, I will check out if they have increased this amount for July as I put in a lot of hours in June. Dinner at the Big Sky steakhouse every night. And tomorrow I will hit them up for $300 at the gift shop.

flekk17
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Old 07-02-2008, 07:18 PM   #13
 
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Re: Foolproof system for beating baccarat....

That is some solid real life casino bonus whoring then, good job.

Did they say anything to you once they figured out what was the problem (made me chuckle that they tried to speed up the game, though I can see how they would think that is a solution).

Also, I can only imagine the fun in dealing with the superstitions from other players in this whole scenario.
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Old 07-03-2008, 01:39 AM   #14
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Re: Foolproof system for beating baccarat....

OP -

How exactly did you discover this opportunity?

I see the part about Wizard of Odds, but what made you think to run the numbers on this particular game in the first place?
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Old 07-03-2008, 01:51 AM   #15
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Re: Foolproof system for beating baccarat....

Quote:
Originally Posted by Micturition Man View Post
OP -

How exactly did you discover this opportunity?
Refer to OP.
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