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Secrets of Winning Baccarat Paperback – April 22, 2003
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The author's basic method is an up-as-you-lose progression. Any such system will indeed tend to win more often than it loses, because it wins large bets that recoup earlier small losses. The catch is that, when the large bets lose, then the system loses big. The few big losses will offset the many smaller wins. The net result, over the long run, will be in keeping with the game's underlying math -- which, in baccarat, means that the bettor will lose about one percent of the total amount bet. Therefore, this author's claim that his system will win two-thirds of all shoes is plausible. Unfortunately, the long-run result will be the same as that of a player who didn't bother to record hand results and just bet the same amount every hand -- i.e., a net loss.
The author states, correctly, that the odds on each hand are the same regardless of the results of the preceding hands. Nevertheless, he advises betting that streaks won't continue. He doesn't explain this inconsistency. (There's actually an extremely slight interdependence among successive hands, so that streaks are very slightly more likely to end than to continue, but the author doesn't discuss this phenomenon and correctly doesn't rely on it.Read more ›
The reason why it is lacking five stars is two-fold: first, a more in-depth discussion of money management and betting procedures would have been welcome. Secondly, since the author is a mathematician (and I was happy to see his work peer reviewed), some of his concepts could be more fully explained in a simpler fashion for laymen such as myself -- especially when he begins to discuss "standard deviations" and so forth.
I would heartily recommend this book for anyone looking to add to his gambling book collection on baccarat. I would go so far as to say it is required reading on the subject if you have more than a passing interest in winning at the baccarat table, even if you disagree with his method.
Most Recent Customer Reviews
This book was so so. I tried some of the so called secrets and have not had much success. It's entertaining but that's about all.Published on March 21, 2014 by Albert A. Marengo
the author lives in a fantasy world where no 5% commission exists on winning banker bets-- this never gets addressed in the book and he leaves this reality out in all his... Read morePublished on March 11, 2010 by James
I wouldn't buy this book if you are just starting in the game. This book can help you through bad shoes, but you must be able to recognize what a bad shoe is, and then apply a... Read morePublished on July 18, 2004 by Dale Smith