Casino gambling fall in here!!!

[alvin36]

any bro here can explain to me how the "baccarat insurance bet" offer by private junket work?

i only see it once when a ah pek at my table shout for insurance.

player 7 pt, banker think 5 pts, then before banker draw card, he place insurance bet, told me odd is 4 to 1 if banker win. other than 7 pt can buy insurance? if yes what is the odd for other pts?

seem like a interesting way to bet, imagine 1 bet 4k on player, suddenly in this situation, he want to "capital guranteer" he can place 1k insurance, if banker 8 or 9 pts, he break even, if player win he win 3k

i mean for big bet is good

you may think that for big bet is good.... but think of it another way, every bet is independent of each other.

let's take your example, you bet player (7 points), and banker got 5 points, the insurance pay-out is "1 pay 4"

Now the BIG question is , why ONLY "1 pay 4" ?
There is only 2 out of 13 cards that the Banker can win player, right ? 1 card is draw

So the odds is 2 out of 12, the odds should be "1 pay 5" !!

So , by paying only "1 pay 4", the insurance bet, the commission is as high as 25% !!!

I'm calculating based on probablity and every game is independent, you should treat that insurance game (the 3rd card) as a seperate game too !!

Based on the above calculation, only 6 points (1 pay 3) is worth buying insurance. Because there is 4 out of 12 cards to win, meaning 1 pay 3 exactly.

Taking bets on insurance is a sure win for those private junkets, these junlets has to pay the casino a big sum of money to operate the private insurance

 

[fifty50]

Bro Dumbell,

Pls allow me to try to answer to your question to the best of my understanding.

1) banker 4 pts : insurance 1 pay 1.5, in this case, is player 3 cards already 4pt, banker going to take nx card?
Ans:
After 4 cards opened
- If banker 4 (4 cards only), player is <4 (0, 1, 2, 3) - Insurance is offered to Banker (1 pay 1.5)

2) or currently banker 2 card 4 pts, player going to take nx card? if after player take nx card, banker still need to draw card, is insurance payout before or after banker take 3rd card?
Ans:
If After player 3rd card:
- Player 2 (Banker 4, still needs draw) - banker insurance is offered (1 pay 4)
- Player 3 (Banker 4, still needs draw) - banker insurance is offered (1 pays 1.5)


3) lastly , is there insurance payout for tie? for example now player 2 cards 7pt, banker 5 pt, banker going to take nx card, i buy 100 insurance, if banker draw 2 become tie, will i get 400? or my 100 get makan?
Ans:
If Player 2 cards = 7, and banker 2 ards = 5
- Insurance is offered (1 pays 4) (tie no pay).
- If banker 3rd card = 7, tie; Tie/push both your 400 player bet, tie/push your 100 insurance bet. (don't worry, it won't makan your insurance)

Now, the only situations where tie bets, i think are:
- If player 3 cards = 0, and banker 2 cards = 0.... before banker draws, insurance is offered (1 pay 2, AND Ties pays)
- If Player 3 cards = 0, banker 2cards = 1-3..before banker draws, insurance is offered
(1 pays 8; AND Ties pays).

--
My own thoughts on insurance:
- I mostly try to avoid; if you buy every hand, sometimes u "heng" (or rather is it "sway" :P ) all your insurance bets being makan (u actually won your original bets); all your wins are discounted with a huge percentage.
(1 pays 2 - 50%, 1 pays 3 - 33%, 1 pays 4 (25%-33%). Now, factor this with the number of games you gonna play... not advisable to go every hand.
If take every insurance opportunity, u win (win less), in certain instance, for bets you may lose, lose full. (sometimes I wish I can offer insurance back to the casinos instead :P)

Occassions where I would buy insurance:
- when, i am on a winning streak, wants to maintain the winnig form/"dragon";
- consider ONLY when offered anything only from 1 pays 3 onwards.
- when I feel that day is a damn unlucky day; buy player open banker.

I agree with alvin here whom advised the insurance is no good, if u see the uncle bet big such as 4k, instead of a good 75% win chance of pocketing all 4k, he win (25%) 1k less to cover a 15% chance that he may lose.
Imagine next bet he bet same amount, and it is a losing hand (without insurance being offered), that is 1k out of his capital that should've been his own winnings.

 

[Dumbell]

bro alvin & 50/50,

thanks for your explanation, ya i alway heard pp say tie bet & insurance bet die die must avoid, thus i like to know more details, i dun want to just listen without understanding. Like tie , the % is 10%, so odd should be 9 to 1, thus i understand why must avoid tie.

Now after I understand how insurance work i also agree insurance must avoid. I will use it only when i feel "wierd", at least there is a exit strategy

 

[Dumbell]

Field report for my lastest outing.

Is a damn tiring & fruitless outing, i spent few hrs doing the below

1) as usual i use martingale at start of battle.
2) unit keep building up slowly & steadily till around 30 unit
3) combo appear and back to square one
4) drink coffee taken a break
5) go back casino again

the above keep repeating till i almost cry, keep build up till 30 unit then get hit by combos, by the time my bankroll finally able to roll from 500 -> 1k, already left 10+ min before ferry leave, left 700 cash chip 300 NN chip, kancheong to win more + hot, wack all the 300 NN chip hoping to roll, found my favorite trend, wack and get makan

so end of the day only win 200, dun know should consider draw or win

 

[inhaler]

bro dumbell , think fifty50 already answer yr question bout the insurance stuff....
i feel if you are playing small like less than 500 a game , can skip the insurance bet unless you are playing couple of thousand per hand . Insurance is good way to lesser yr bet amount if you see the last card draw is something small like A , 2 , 3 , 4 and yr hand is banker bet with a 5pts and player is showing 2 cards with only 1 or 2 pts , cos chances of 5 cards drawing 4, 5, 6, 7 and 8 pts is quite high , tat's my opinion , anyway i used to bet less than 500 a hand so mostly i skip the insurance unless i betting on banker with cards showing 4 or 5 pts , then perhaps i will consider insurance bet

 

[dragon]

hi people, i am lucky enough to chance upon this thread and been amazed by the quality of discussion and advises found.

silverfox bro is MIA but i hope he is back to share with us again.

i presume majority play baccarat here.

anyone can point out to me how to see those 3-4 "roads" on the electronic board, i saw quite a few old birds placing bets based on it. i dont understand cantonese so missed out on the discussion/argument based on the situation.

my usual hideout is genting IR & i love to chase after B/P dragon

 

[Dumbell]

anyone can point out to me how to see those 3-4 "roads" on the electronic board, i saw quite a few old birds placing bets based on it. i dont understand cantonese so missed out on the discussion/argument based on the situation.

let me make a guess, there is a portion of the screen, just record all the results without showing the dragon. something like this

PBBP
PBPB
BBB
PBP
PPB
BBP


whereas the biggest portion of screen will result according to dragon like this

PBPB
P PB

...etc

i notice those aunties uncles like to take note of they call "highway", like those in 3rd line, they will usually bet Banker claiming highway show Banker sure come out. If result come out player, they will complaint "bobian highway crash"

but not sure is this the 3-4 road and highway refer to same thing bo

 

[fifty50]

Hi Dragon,
I think your 3-4 roads should be the "Highway" as explained by bro Dumbell.
For me, I don't see the rational of this "highway"... change the type/size of the result board and their "highway" will be different.

Any bros been to Genting recently? i heard a friend telling me that Genting have a new kind of electronic barcarret, allows u to place different types of bet after 2/4 cards are drawed (abit similiar to insurance betting, but more variety). Just wondered if anyone tried it out yet?

 

[fifty50]

so end of the day only win 200, dun know should consider draw or win

Bro Dumbell, that is most definitely a win. Already hit by your "combo", but can still recover with some extra pocket money to bring home is really quite an achievement.

 

[silverfox@]

hi everyone,

since feb was busy with my business, joint venture with another 2 friends [not related to casino or gambling] I wasn't able to go up north trips for playing baccarat.

Park my profits from baccarat in some blue chips this year, did not really care whether it goes up or down. Down I hold, up I sell.

Has everybody been making money. Sorry, didn't post here nor update the blog because I was seriously too busy, and I didn't step into any casino recently until just 2 weeks back. My kaki gave me a call. Ask me go Genting. I told him I am very busy with business, he told me just 2 days 1 night.

He is a Genting gold card member, he booked the limousine to pick him up from singapore and off we went to Genting, not the International room, but the VIP room. I lost touch quite a while, so I was a spectator most of the time. You can feel the atmosphere comes back again.
He was playing blackjack. He brought with him 20K RM as bullets. His bets were couple of hundreds near thousands, by a couple of hours later, he was 50K up. At that time, he was firing quite heavily at the dealer when he sense the dealer's luck is very down. The bets on the table easily 10 over Ks spreaded over a few bets.

He picked up a total of 120K RM in that 1 night, we went for makan, took a rest in the room, was supposed to take limousine back, but ran out of cars, so he booked and stepped into the casino. Picked up another 40K RM but pulled back by casino 20K and he decided to call it quits. He treated me to spa, and when limousine ready, we took the limousine back. Total all in he clocked 140K RM in that 2 days 1 night.

The good thing about the limousine he booked, he used his Genting Points to redeem and yet can claim another $300 from it. Virtually, room free, in VIP room eat free, transport free, get money somemore and came home with a 50K cheque and the 90K in cash. Not everyone will be the same. There was another lady in her 40s clocking over 200K from another table.

Gambling there will be success stories but there will be tragedies too. Bet within your means, if you see the going tough, just leave and don't go head on with them. My friend had the discipline to stop when he was 20K down even though he won 100over K already. To most people, they would continue to gamble on because to them, they see it as profits. . So far last year till april, he clocked close to 600K RM from playing pontoon and blackjack. After that I didn't really ask him how much already. This story is not to inspire anyone but to let you all know, even he can lose but the difference is he know when to stop. 99% of people who play in casino do not know how to stop and that is why casinos are not scared of losing, but scared of people who do know when to stop when they lose.

I wish everyone heng heng and win more money, show more discipline. Let me do some refresher, read through all the postings. [No, I didn't create another nick nor read anything here for past few months, I was seriously quite busy and tied up with my businesses.]

 

[jamjam22]

wow, silverfox bro is back, I can't believe my eyes.
After MIA for so long, are you really silverfox?

 

[fifty50]

Welcome back, bro Silverfox. Your advises and sharing of experiences has been valuable.

 

[fifty50]

Seeing Bro Silverfox back, I recall his strategy of banker only bets. This remind me of a previous regular in LW; he always have a few Malaysian girls (1 of them quite a pretty SYT) to place only constant $100 Players bet only.
A couple of these girls would spread throughout different tables, and they would bet $100 player, won't switch to banker, won't increase/decrease bets, won't buy insurance. Sometimes, they switches table, when the table shoe is pro-banker types of results. They are usually there as a regular feature there, but a few months ago, they all no longer there. Any bros know about them? what happen to them? did they crash or simply switched to another ship?

 

[Dumbell]

Bro Dumbell, that is most definitely a win. Already hit by your "combo", but can still recover with some extra pocket money to bring home is really quite an achievement.

if this also consider a win, my record at long jie is now 3 loss 5 win.

after winning 200, saturday & sunday also go, win 1.6k on deepavali, sunday another 800. Is a good week for me

heng heng ah

 

[dragon]

silverfox bro is BACK!!!! nice to hear from u

pls continue to share ur winning tips and advise cos i think alot of us benefitted from ur knowledge

Genting introduce ELITE baccarat not too long ago, it is only available in IR and it is something like a "running" baccarat except that u can swap ur bets after the 1st 4 cards are reveal with some exception, kinda complicated to explain in detail. u can got to genting website for more insights.

all the bros here, in view of the popularity of the game, "texas hold'em", i see in genting, any insight and opinion of the game by anyone?

 

[rofthelper]

hi everyone,

since feb was busy with my business, joint venture with another 2 friends [not related to casino or gambling] I wasn't able to go up north trips for playing baccarat.

Welcome back, silverfox@.

Btw your blog still active?

 

[langy]

how i wish i got such 'gold card' frens to brg me there to play....

 

[Natural Nine]

Look at ladyhengheng.blogspot.com for Casino Tips

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http://www.bens-city.com/



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has any bros visited Ben City ie Asia Star


Can share experince ? can make $$$ ???


Thanks

 

[LuckY LuckY]

I think some of you has made a mistake about insurance payout..

If you got 8 point the insurance payout is 1 pay 7
but if you got 9 point or natural nine before the other cards is open, the odd is 1 pay 9. if the result is tie then the insurance still pay you 1 to 9..
I think there is no 1 pay 8 odd...

I know it because i'm a junket player...
i'm enjoy to play under or roll with big establishment junket...
i think is because they provide services in many casino property instead of 1..
I'm feel safe to deposit my money with them...
the most important things is you can delay payment a bit when you got the credit from them... hahaha
and they give better rebate or commission compare to house program.

pls comment if i'm wrong...

 

[Dumbell]

I'm feel safe to deposit my money with them...
the most important things is you can delay payment a bit when you got the credit from them... hahaha
and they give better rebate or commission compare to house program.

pls comment if i'm wrong...

you mean end of the day, you dun cash out the chip, deposit with junket?

i still confused with their service, i see a lady using the same junket as me, then she able to borrow money from them. But for me, i try to borrow they say cannnot, which make me like "wtf then i use yr service for fuck?"

i walk around, so i can just go buy chip from house get 1% rebate instead of their 0.8 %. if they dun provide loan, then i dun see why i need to use their service. is there something else they can do for me that i dun know? for small bettor like me, i really dun see the need to use their service, i can buy cruise ticket myself

can tell how much rebate they give you? 1.2% ?

BTW i dun like those junket who provide insurance payout, player 7pt 8 pt buy insurance, i keep taking 9pt, make them lose close to 10 k , then they play cheat bet 200 200 on both player banker, dun let me see card, then keep shouting at the table, so irritating.