Wizard Of Odds Baccarat Game

 
Wizard Of Odds Baccarat Game
  1. Baccarat Strategy Wizard Of Odds
  2. Baccarat Free Game Wizard And Odds
cap217

Wizard is a very basic rule that many online players forget when joining the baccarat table. You may be familiar with the odds baccarat it pays to verify more information about it through the online casino that baccarat are using.

  • Introduction: How The Game Works. Baccarat, also known as punto banco, is one of the oldest and most popular games in casinos all over the world. It is especially popular among high-rollers and Asian gamblers. In Macau, baccarat is extremely dominant. Although the game seems serious and elegant, it is really as simple as betting on the flip of a coin.
  • Baccarat Basics - How to Play with Wizard's FREE Practice Game - YouTube.
There is a commission free baccarat table at my local casino that has a different twist and I cant figure out the odds on this game.
-Same draw rules
-No commission for banker
-If banker wins with a 3 card 7, banker bet pushes (player loses)
-There is a side bet of 40:1 if the banker wins with a 3 card 7
Questions:
-What is the house advantage on the banker bet here?
-How often does the banker win with a 3 card 7?
-What is the house advantage on the 40:1 side bet?
-Separate question... What is the average winning score in bac?
This is interesting because its obvious the casino has a huge edge but the 40:1 seems to hit 2x a shoe on avg and sometimes a lot more. I dont play at this table because I assume its worse odds and I dont play side bets. But it is tempting.
SM777
Your local casino has installed EZ Baccarat. Check out that page, and most of your questions will be answered.
cap217
That was easy. The Dragon and Panda bets confused me by the wording but thats the game.
So the house edge is the same bc of no commission but you risk not being paid on the Banker 3 card 7 win. So is it basically a push on if this is 'better' than regular 5% commission bac?
Gueedo1

Your local casino has installed EZ Baccarat. Check out that page, and most of your questions will be answered.


I have a question. I have been in deep discussion with my mgr on this. He said a ez bac player that is betting a $100 on the player and a $100 on the banker should be given a $200 average bet due to the house having a 1.24% advantage on the player hand and a 1.06 advantage on the banker hand so it is still in the houses favor. I had to disagree with him. I said that he should have no average bet at all because the only way the player can lose is if the dragon comes up then the banker hand will push and the player hand will lose.
What is the house advantage if the player bets both the banker hand and the player hand with the same amount wagered on each.
Hunterhill
Your manager is correct.
The player will just push every time until the dragon hand comes up then he will lose $100.
He can never win.
The house advantage is still the same.
The mountain is tall but grass grows on top of the mountain.
Gueedo1
Thank you - if I bet $100 on both the player and banker and $2.50 on the dragon bonus wager which will hedge the player bet when the dragon hits then what would you give me as an average bet since I am are only risking $2.50. My Mgr says you should rate them at the full $202.50 that you have in action. I had to disagree with him since comps and cash back is based on average bet and time played.
Thank you for your response.
Hunterhill
You rate him for 202.50.
Wizard Of Odds Baccarat GameHedges don't change the house edge.
The mountain is tall but grass grows on top of the mountain.
teliot

Thank you - if I bet $100 on both the player and banker and $2.50 on the dragon bonus wager which will hedge the player bet when the dragon hits then what would you give me as an average bet since I am are only risking $2.50. My Mgr says you should rate them at the full $202.50 that you have in action. I had to disagree with him since comps and cash back is based on average bet and time played.
Thank you for your response.

Your manager is 100% correct and you are 100% wrong. Bets are bets - there is no such thing as a hedge reducing the house edge or t-win. In this case the player is generating 1.43%*100 + 1.24%*100 + 7.61*2.50 = $2.89 for the house in t-win, period.
Glad to hear your manager understands this exceedingly elementary mathematics. You have no idea how many times I have had to explain this to casino management in my seminars - it's sad.
Hedges are used for certain scams so they are worthwhile investigating, but those scams have nothing to do with how much t-win such bets generate.
Last edited by: teliot on Feb 3, 2017
teliot
How common is the 'tie pays 9-to-1' version (house edge = 4.844%) of the baccarat tie bet is? My understanding is that the 'tie pays 8-to-1' version (house edge = 14.360%) is the usual choice.
Bondy3
8 to 1 is all over the place, though here were I live I dont think there are ANY 9 to 1 games being offered
7craps
I say very very uncommon.
maybe more popular with online casinos
Binions was the last I ever saw 9:1 and that was maybe over 10 years ago.
In the 1990s I dealt in casinos and taught Dealers School in Reno and can not remember seeing a 9:1.
Maybe Carson City had one.
Paradigm
The tie bet is susceptible to advantage play, correct? How much more profitable is AP play on this bet with a 9-1 vs 8-1 payout? I assume this is where you are headed teliot.
teliot

The tie bet is susceptible to advantage play, correct?

In the 9-to-1 version, the distribution shows huge potential, I just haven't quite figured out how to exploit all of it. Certainly, John May's method falls short -- he looks for an end-play with a shoe rich in even cards.
The most significant part of my work is the discovery that if you fix the number of cards in the hand, then the player has an edge (off-the-top) of 3.026% if it is known in advance that the hand will require 6 cards. The next question is what cards are most likely to lead to a hand that requires 6 cards. For example, 8's and 9's are clearly bad cards. Shoes rich in the cards that are most likely to lead to six-card hands will lead to a player edge. The answer to this question points to a card counting system I simulated already. This seems to be an entirely new approach.
In practice, however, it looks like the bulk of the tie bet is not susceptible directly to a card counting system, but computer perfect play can thoroughly crush the 9-to-1 tie bet. The main game of baccarat is safe against a device, but the tie bet is not. This is extremely important for casino security who may be getting hit by a device.
None of this pertains to the 8-to-1 version. That's where I'm going.
Personal website: www.ijmp.org
FleaStiff
Just one minor digression please.
This is away from Payout for the Tie Bet momentarily and to the actual making of the Tie Bet and another bet.
If I want to bet Tie and also bet Banker, and a TIE takes place, my understanding is that the Banker Bet remains since although it has not won, it has not lost.
Many electronic simulation programs simply add the dollar amounts of the two bets together for a payoff which is incorrect.
What is correct in a casino. If a bet is on TIE and also on BANKER but a TIE happens to take place. All these darn Indian dealers want to take the 'losing' Banker bet even though it did not 'lose'.
Paradigm
The Banker bet most certainly is not lost on when a tie occurs
Paradigm

In practice, however, it looks like the bulk of the tie bet is not susceptible directly to a card counting system, but computer perfect play can thoroughly crush the 9-to-1 tie bet. The main game of baccarat is safe against a device, but the tie bet is not. This is extremely important for casino security who may be getting hit by a device.


Of course if you introduced dice into the game of baccarat, the Tie bet would not be countable :-)
GBV

In the 9-to-1 version, the distribution shows huge potential, I just haven't quite figured out how to exploit all of it. Certainly, John May's method falls short -- he looks for an end-play with a shoe rich in even cards.


I recommended a number of different heuristics for different subsets in a regular game, the assumption being 8 to 1.
I'm not normally in the habit of feeding casino people info for the sake of it, but in this case I'll give you enough rope to strangle yourself with. Where the 9 to 1 payout is offered linear systems do a pretty good job of capturing the EV. Its not a spectacular play but you can make money with it. There are so many other profitable angles with baccarat casinos should probably completely forget about this altogether in the unlikely event they ever offer the proposition.
Any one who brings a device into a game wants big money fast: the card counting scenario you describe is likely to occur only with very clueless quasi-criminal types.
DJTeddyBear

. . . None of this pertains to the 8-to-1 version.

I submit that it DOES pertain to the 8-to-1 version.

Baccarat Strategy Wizard Of Odds

It's just that in the 8-to-1 version, the house edge can be reduced but not eliminated. In the 9-to-1 version, the edge can be reduced to the point of being a positive expectation.

Baccarat Free Game Wizard And Odds

I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁