Baccarat Betting Systems

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Published: 27/04/2012

Baccarat is almost the perfect game for those who enjoy using betting systems. It offers the advantage of a low House edge along with even-money payouts, which means the opportunity for low-risk, high-return play.

The very easiest betting system to use at Baccarat is referred to as “flat betting.” The flat bettor always wagers the same amount on every hand. The way to profit from this approach is to correctly predict which hand will win, Player or Banker, with an accuracy of greater than 50%. This approach to wagering will never win or lose much money, which makes it an excellent way of minimising risk while learning to play the game.

Those who seek a more systematic method of winning may wish to consider using a “progressive” betting system. Among these are the many progressions created for Roulette as far back as the 17th century. Because the House edge for Baccarat is so low, such progressions may even fare better here than at the Roulette or Craps tables.

Martingale is one of the oldest progressive betting systems. Also known as “doubling after a loss,” it can easily be applied to Baccarat. Begin by wagering one unit on the Banker or Player. If the bet wins, one unit of profit can be set aside and the progression starts anew. If the wager loses, it is doubled to two units and the same hand is backed again. The doubling of bets continues until a win is achieved, whereupon one unit of profit can be set aside and the progression begins again.

When Martingale is used to wager on the Banker hand, there is a slight advantage over the Player hand, so each success incurs a 5% House commission. Over time, these commissions eat into profits, so most Martingale adherent prefer to wager on the Player hand for a full payout at 1-to-1 odds.

The major risk of using Martingale becomes evident when losing streaks cause the wagered amount to grow quickly. Starting with just one unit bet, six times consecutive losses generate a cumulative deficit of 63 units. The next bet in the progression requires a wager of 64 units, even though the profit will just be one unit if it succeeds. Because there is slightly less than a 50% probability of success, this can be a risky wager, indeed.

Other progressive betting systems offer lower risk options. The d’Alembert system, for example, has the wager increased by a single unit whenever a loss occurs and increased by one unit after each win. The progression ends when the next bet required is zero. This avoids the potentially huge wagers necessitated by Martingale. The d’Alembert approach is successful whenever the Player and Banker wins are about equal.

A similar low-risk progression is known as Fibonacci, whereby the amount to be bet wagered is the sum of the preceding two losses. The sequence starts out by wagering one unit on the Player hand. If the bet loses, one unit is bet again. If it loses again, the sum of the two losses (1+1) are bet—two units. If this wager also loses, three units (1+2) are wagered, and so on. However, when a win come up, the last two numbers in the sequence are removed. The progression goes on by betting the sum of the preceding two losses. When all numbers in the progression have been removed through wins, the progression ends, culminating in a profit of one unit. The system works because numbers are crossed off twice as quickly as they are added.

A variation on the Fibonacci betting strategy is known as Labouchere or the “cancellation system.” Instead of removing the preceding two losses, the oldest and most recent losses are removed. In the case of either Fibonacci or Labouchere, the system works perfectly as long as the player is able to win at least 34% of the bets made.

Other betting systems advise increasing the size of the wager upon experiencing a win. They include the Paroli and “1-3-2-6” betting progressions. The latter starts out with a wager of one unit. If the bet fails, one unit is wagered repeatedly until a win occurs.

After the first winning hand is achieved, the bet is increased to three units. Once more, if it fails, the player goes back to wagering one unit. However, if the bet wins, the next wager becomes two units. A loss would then return the amount bet to one unit, but a third consecutive success requires a subsequent wager of six units. That becomes the final bet in the 1-3-2-6 progression.

Published on: 27/04/2012

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