Powerful Profits From Casino Table Games
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About this ebook
Some say gambling is a "tough way to make an easy living". . .but that's only if you let Lady Luck determine your fate. Victor H. Royer has authored more than fifty casino reports, and his trade secrets and step-by-step techniques will enhance your gaming and fatten your bankroll.
This fully updated, comprehensive guide contains professional tips and never-before-revealed strategies for Baccarat, Mini-Baccarat, Roulette, Let It Ride, Pai Gow Poker, Casino Liver Poker (Texas Hold 'Em and Seven-Card Stud), Casino War, Progressive Caribbean Stud, including games like Double Down Stud, Three Card Poker, Caribbean Draw, and Super Nines.
Discover:
Why Baccarat and Mini-Baccarat are among the most lucrative—and underplayed—games
Which Roulette bets offer the highest short-term profits
When—and when not—to Let It Ride
Crucial differences between European and American Roulette
Tips for selecting your high and low hands in Pai Gow Poker
Which casinos offer the best variations and payouts on each game
The importance of seat selection in Let It Ride and Caribbean Stud
Guidelines for calculating your optimum bankroll
And much, much more!
Want to walk away a winner? This is the book for you!
89,500 Words
Victor H Royer
Victor H. Royer is the author of several major works on casino gambling, and is a syndicated columnist for national gaming magazines. His columns have appeared in Casino Magazine, Midwest Gaming and Travel, Casino Executive, Card Player, and many others. He has also served as a marketing and gaming consultant to the world's largest casinos, and to gaming machine manufacturers. He lives in Las Vegas.
Read more from Victor H Royer
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Powerful Profits From Casino Table Games - Victor H Royer
series.
1
Baccarat and Mini-Baccarat
Baccarat is a significantly misunderstood game, needlessly avoided by players who think it is only for the rich. Many baccarat lounges offer games with stakes as low as $10 per bet—a far cry from the hundreds of thousands that some high rollers will wager on baccarat. It is because of these high rollers, however, that the average casino player shies away from a game that is actually among the best casino house-banked table games. Even though many casinos have tried to overcome this perception by offering the very same game as a main pit table game, called Mini-Baccarat
or Mini-Bac
for short, that entrenched perception remains in the minds of casino players. Perhaps it is because of all those James Bond pictures in which slick James sits at a fancy table in a fancy foreign casino and plays baccarat for millions of dollars per hand. This may happen in casinos in the United States, and the rest of the world, but it isn’t the only reality. The real truth is that many thousands more players play the game for $25 and $50 and $100 per hand—small stakes by those standards of the high rollers or movie stars. This is actually the bread and butter
of the casino. Though many whales
—very rich gamblers—may lose several million dollars a day, it is actually those smaller players who make it possible for the casinos to continue to offer this game. Baccarat is very labor intensive and can be a slow game. Combine this with the fact that it is among the lowest-hold house games in any casino, and the casinos have to win huge sums just to pay for the operations of the game.
Although losers will mathematically outnumber winners—since any game that holds more than it pays cannot be a positive expectation game for the players—this is nevertheless a game that offers most of the fun, great casino atmosphere, and a good bet to boot. It isn’t a game just for the rich or the pretty people
or the movie stars. It is a game that can be a good bet for anyone who knows how to play it. Just because some players frequenting this game bet huge amounts of money, it doesn’t mean they are somehow smarter than you, or play better. Many of these high rollers are actually lousy players, and that is also one of the factors that allows casinos to keep offering this game.
The main problem that regular casino players encounter is the intimidation factor. The game is played in fancy lounges where regular folks think they don’t belong.
These same folks think they must bring loads of cash to play there. The seeming complexity of the game also tends to turn them off. All those cards, those moves, that confusing table layout, and the pomposity—well, it’s just a tad too much for the burger-and-fries crowd.
Well, I’m part of that burger-and-fries crowd, and I tell you that all those fears are hogwash. While I enjoy getting dressed up when I go to a nice casino, I’ve played in my jeans and cowboy shirt, and played for $10 and $25 a hand among players who bet from $1,000 to $200,000 a hand, at the same table, and no one gave me grief. I was just another player, enjoying my game. All it takes to overcome any of those fears is to know the game, and what to do. Not being ignorant, or slowing down the game is all anyone asks—players as well as casinos. Know the game, know what to do, then play. No one will bother you or say you are not rich enough to be there. So don’t be afraid of baccarat. It is a good casino game, compared with many of the other games offered, and you can play it without fear, intimidation, or anxiety. Here’s what you’ll need to know to play this game as well as it can be played.
INTRODUCTION TO BACCARAT
As with all table games, you will begin by changing your cash money into gaming chips. In Main Baccarat (often called Big Game Baccarat
), these gaming chips are larger than regular casino chips. There is absolutely no reason for this other than the aura of special importance that baccarat seeks to cultivate. Perhaps the casinos think that players will feel better about betting large amounts if they have big chips in their hands. But no matter how big these chips are, they function in exactly the same way as any other gaming chips in play throughout the casino. They can be changed for cash if you wish, or for regular casino chips.
At the baccarat table it doesn’t matter which seat you take. Unlike blackjack, where position selection can be advantageous in a game with more players—especially if you count cards or are playing one of my observation-based methods—in American baccarat you are not playing against the other players or against the house. Your betting action is solely against the cards. It therefore makes no difference on what the other players bet, or how much, or in what order the cards are dealt. Even if a designated player at the baccarat table does draw the cards, no player decisions are involved. Whether any additional cards are drawn depends entirely on the strict set of rules governing the draw of such extra cards. Consequently, there is no possibility that a player in the position in front of you will receive the cards you would otherwise have received.
Chances are that if you sit down at a baccarat table the game will already be in progress. Very rarely are baccarat tables unoccupied. Many casinos employ house players, called shills,
a couple of whom are often seated at the baccarat table so that potential customers won’t have to be the first to sit down or have to play alone. The shills are paid employees of the casino. They play with house money; they don’t get to keep any winnings, but they don’t lose either. Shills in baccarat are just there to occupy seats. When a sufficient number of customers arrive, the house players leave, returning only if the table becomes empty again. Baccarat shills have no effect on your hands. If, however, you feel uncomfortable about knowing whether or not there are any shills at the table, just ask the casino pit boss to tell you. By law, casinos must identify shills if asked.
Baccarat is played with eight standard decks of cards, no jokers, all shuffled together. When the game is at the point of a new shuffle—either at the very beginning of the game or when the cards dealt have reached the cut card, as in blackjack—one of the dealers will call out shuffle
and begin to shuffle the cards. When the shuffle is completed, one of the customers will be asked to cut the deck and the cut decks will then be placed in the shoe, ready for dealing. At this point one of the dealers, usually the one who did the shuffle, will turn up the first card out. Whatever the value of this first card is indicates how many cards will be burned. If, for example, this first card out is 6, the dealer will burn six cards (none of which the players see), placing them in the discard tray along with that first card out. The game is now ready to be played.
The shoe containing the eight shuffled decks is called the bank,
because in many traditional (or European) games the person holding it actually has to back all the bets and therefore really is the banker. This is not the case in American baccarat. In American baccarat the player holding the bank has no specific advantage over other players. That player does not win any more money, does not have to bet on the bank hand, is not responsible for paying winning bets, makes no choices affecting the draw of extra cards, and will not collect any losing bets. This action is merely a cosmetic copy of the European version of baccarat. Unlike European baccarat, where players can play for or buy the bank, in American baccarat the bank is simply given to the player seated immediately to the right of the dealer (position 7) at the beginning of the new game. Each player at the table is then given the bank in turn, and can hold the bank as long as the bank wins. Once it loses, the bank moves to the player on his or her right, counterclockwise.
Before any cards are dealt, all players at the table make their bets and dealing takes place. The player holding the bank deals out four cards—two sets of two cards—with the first and third cards going to the official player’s hand, and the second and fourth cards to the banker’s hand. The banker’s hand cards are tucked under the side of the shoe by the player who holds the bank and is dealing, while the player’s hand cards are given by the caller, using that odd paddle, to one of the other players—usually the player who made the biggest bet on the player’s hand. This designated player then picks up the first two cards, looks at them, and tosses them face up to the caller, who then arranges them in the center of the table in a special area marked on the table layout as player.
Now the player who holds the bank picks up the two bank hand cards he had tucked under the side of the shoe, looks at the bank hand cards, and also tosses them over to the caller, who arranges them in that same special area in the center of the table marked on the layout as banker.
This area is directly above (or next to) the one marked player.
Again, remember that these two areas are separate from the betting areas, also so named; they are located in the center of the table layout and used only to differentiate between which cards have been dealt to which hand. To make all this easier to understand, please take a look at Figure 1, the typical layout of a baccarat table.
Although these moves in baccarat make the game seem complicated, I wish to point out one more time that they are really quite unnecessary and have absolutely no effect on the outcome of the game. They are just a relic from European baccarat in which the banker and the player in fact do control the cards and decisions for drawing cards and standing. Not so in this American version, whereby the hand’s final values would be exactly the same even if none of these moves were made by the players, but were simply dealt by the dealer (which is the case in Mini-Baccarat, a low-limit version of the game usually dealt on a blackjack-sized table in the main casino).
Players can make bets at the conclusion of any hand, or after a new shuffle. There are only three betting areas available, each clearly marked and displayed on the table layout in front of each player position. These are bets on the bank
hand, on the player
hand, or on the tied
hand. To make any one such bet, you place your gaming chips in the area so marked. You can make one, two, or all three bets at the same time, but to bet all three is automatically to lose at least one hand, and more often than not two hands—not a good