Quote:
Originally Posted by davmcg
btw someone with 20 bets and a 55% chance of winning a coup has a less than 2% chance of going broke.
I've been informed players are generally rated better if they book 4hrs/day minimum play time vs quick hit & run or otherwise short sessions like 20-30m, or long enough to chase a small loss, get even, and quit. The reason is obvious: to give the house a fair shot at your bankroll and let the grind of the mathematical edge work itself out rather than be the victim or recipient of variance.
There was also a story I read of two brothers who took advantage of a small payout table error on a dragon bonus baccarat which paid something like 5-1 on a 6-point player win rather than the standard 4-1. This small change was enough to gain less than 10% player edge on the bonus bet, I believe, and over the course of a few months the brothers ended up taking the house for a few hundred thousand before they caught on. They were betting the max on bonus (think something low 50-100) and the same on the base bet (equivalent to bonus bet).
They mentioned how they had to endure some stretches of several shoes, where they were losing big, and nice old ladies at the table pleading gem to stop betting player,as it's currently a "Banker shoe", etc.. But over the course of time, the math proved out and they won.