Concept of Advanced Baccarat Strategy
Before we get into the concept of counter-betting, we need to first review the basic concept of baccarat betting. According to the Banker theory, we know that the win rate of betting on bankers is 51%. Although what we need to know is that the house edge in betting on Bankers is 1.06%. Combining the above two we can say that the advantage of betting on the Banker is more than the Player side. However, it is not only about the possibilities within the game, when it comes to the part, but we also need to add other skills besides mathematical calculation. This is where contra-betting comes in.
On the other hand, we also have to consider the rakes. It’s probably something that didn’t catch your attention before, but you only need to look at the odds chart to realize the reason why we said rakes play such an important part. The odds for a banker are 1 to 0.95, and for the player are 1 to 1. As you win on the banker’s side, you have to pay 5% rake to the house. So to avoid this situation, let me show you how to do it by contra-betting.
Advanced Baccarat Strategy Step 1:Split the Game
The first step is to split the game, which means dividing the entire deck into several parts. This is an important and easy to understand concept. Since we all know that it takes 8 decks of cards to complete a baccarat deck, the number of rounds within a game is around 60. We divide the number into 3-6 different parts to make our observations.
What’s the point of doing this? To do contra betting, we first need to have enough observation samples. With 3-6 different parts of the deck, we can tell what kind of cards will come next in the deck, so we can calculate the odds of our bet. Also, we need to determine the path within the game. When we do all that, we win.
Advanced Baccarat Strategy Step 2:Bankroll Management
After we break down the game, now we’ll move on to the next part, bankroll management. We will do this based on the part of the game that we divided. Let’s say we divide the game into three parts, then the rounds we separate our betting amount are from round 1 to round 20, round 21 to round 40, and round 41 to round 60. First 20 rounds with 1 only betting unit, the second 20 rounds with 2 betting units, and 3 betting units for the third 20 rounds.
There is one more thing we should focus on. That’s the total value of the bet. If we only play one deck of baccarat, we can skip this part, but if we want to play as much as we can, we need to increase our bet more compared to the other player’s bet.
In other words, you will have several sub-total bet values that will sum up your total bet value. Doing so will help prevent you from losing by betting too much in one round.
Advanced Baccarat Strategy Step 3:Stop losing
This subtopic speaks for itself. In fact, stop loss is mentioned in every single baccarat strategy. All baccarat players, whether they are beginners or experienced, know the importance of stopping losing. Since no one is lucky forever, there are times when our strategies won’t work. If we do not set our stop loss, we may be eliminated or stopped from the game by losing too much. Setting a stop loss will allow us to continue playing this endless game.
Advanced Baccarat Strategy Step 4:Contra Betting
Finally, we get to the contra betting part. After we have completed the first three steps mentioned above, we can now shift our attention to betting on the Player side. I won’t go over it for the odds, instead, I’ll focus on developing a betting mindset.
The purpose of the mindset is to prevent you from being influenced by the outcome of consecutive losses that you may face during the game. Please note, the game is a combination of both statistical calculation and luck. Statistics tell us that with enough games played, the probability of low scores and high scores is the same. So with a continuous practice of this contra bet, we will eventually see profitable results.
Advanced Baccarat Strategy, Betting Conclusion on Player's side only
Choosing to bet on the Player instead of the Banker is a strategy we calculate using the player’s advantage. I believe some of you may want to test the marginal profit probability of this strategy, so why not try it on the game site? This may suit you and become one of the techniques you use often from now on.
Hope you like what we shared here, until next time.
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