LogFAQs > #914506035

I've been making cash a similar way.

Over the past week alone I've made some decent cash playing a simple card game that requires no skill at all. I want to use this topic to document my progress, which can literally end at any point. It might be today, tomorrow, next week, or 2 months from now (I'll most likely stop before then though).

Going to a casino and gambling is seen mostly as another place for entertainment. Play some blackjack, see a show, get free drinks with friends. I don't do any of that. I go for one simple reason. To make money. Now there is a fine line between full blown gambling addiction that plaques millions of people, and a professional. I do not see myself as either.

I play a game called Baccarat. Imagine blackjack, but instead of 21, the magic number is 9. Now, you are simply guessing who you think is going to get closest to 9 and win, either the Player or Banker. You don't have any control. Its essentially the closest game to 50-50 odds that you can get in a casino game.

There are many strategies to any table game, but besides mainly Poker, most of them are based on luck. With blackjack you can count cards, and have an edge too, however my math abilities are not that great. Not to mention casinos hate card counters which adds another element to this.

The strategy I use is a combination of hit and run (I win a small amount and get the hell out of there) and variation of martingale. Essentially you double your bet until you win. I don't play straight martingale though. The odds of losing more than 5-6 times in row are low, but not 0. Every time I play, I know can lose, its part of the game. Most people win at casino games, (not slots LOL) the problem is, they don't have any sort of money management system in place, and they also just keep playing, thinking that they will just make unlimited amounts of money in 1 night. The house has the edge, but it also has a lot to do with physiological reward biases in human beings that makes it hard to leave and to chase loses. Its taken me a long time to learn this.

So essentially, I use a big enough bankroll to leverage winning a few hundred dollars a day. I put some aside to hedge against a potential loss that happens, and I have a stopping point. That stopping point is both when to stop in the casino when I've made enough that day, but also if I lose, when to stop completely. There is a certain level of discipline that you must have, or the casino will kick your ass. Degenerate gamblers scare the **** out of me.

I first learned this strategy a few years back and had some very small success, but it was more of a headache than anything. It took awhile to refine my strategy and more importantly, my mindset, to a point where I can do this and stay ahead of losses.

So, because i'm making some decent cash that takes me like 25 minutes a day, I thought I would share that wealth with you guys. Again, I'm fully aware that this winning streak can end at any point. I'm playing with house money now, so its all just fun..

I was thinking of doing some video game giveaways, electronics, food, etc. I'm up for any ideas you have. I'll ask a question at a certain point in the day, and the first person(s) to answer correctly will win.

If you have any questions about casinos let me know. I'll also post funny stories that I see. Baccarat is a very popular Asian game, so I mostly play with people that scream at the dealer in a foreign language and just act erratic sometimes. Its quite amusing.
Is This The Krusty Krab? "No This Is Patrick!"
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I guess I'm something of a ne'er do well.
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