Gambling Theory Can Help You Become Better Gamblers
If you have been following my blog as well as my post in baccaratforums,
you will roughly understand my mindset and how I approach the casino games.
To summarize for the benefit of those who have not been following:-
1. I remind the public that baccarat is unbeatable long term because the expected value is negative. See my definition for ‘unbeatable’.
2. That positive expected value in baccarat can be found in the tie game especially towards the end of the shoe. This can be used for long term play.
3. That lady luck, systems and money management action are garbage for long term play.
4. That short term is different from long term. It is defined by process not time.
5. That it is possible to turn lady luck, system and money management action into your friend by devising a short term strategy.
6. An example of a short term strategy for tourist play is my bet banker only strategy in 5% baccarat.
7. The method that I used to win 160,000 over ten months is an example of a short term strategy.
8. Smart chasing of losses is an example of short term strategy. For it to work, players must start by winning.
9. Positive expected values can easily be found in professional poker. 10% of long term poker players are winners.
10. Collectively all the concepts mentioned above can be summarized as gambling theory.
click here to subscribe to my free gambling courses:
11. I like the inspiring statement made by a Singaporean. So I post it here:
“I agree with the position that to help gambling addicts, one must help them become better gamblers. Once they understand gambling theory, the smart ones will leave gambling for good or small trips, the not-so-smart ones become living examples of their recklessness/arrogance/stupidity.”
12. Once they become better gamblers, they can easily quit with pride and dignity.
13. The not-so-smart-ones will need help to quit gambling.
Gambling anonymous organizations, trained counsellors and psychiatrist and
my gamblinghelp project can help them to quit gambling.
click here to subscribe to my free gambling courses:
You have to be clear on the above because I am going to post a series of articles illustrating how our professional forefathers beat the casino based on these principles of the gambling theory.
thumbnail gambling theory
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