Alan, while most of the gambler's over there are smarter than your average gambler, many of them are still playing negative games. Look at the games they mentioned.
I went to the Compton casino the other night hoping to win $175. If I won I could blow the money on a particular thing that I want but don't really need and If I lost my starting bankroll was only $75 and this was acceptable. I played only 4 hands of Baccarat, bet banker and won all 4, and left ahead $235. I drove 40 minutes each way and only played 7 or 8 minutes. I was playing a negative EV game, Ihave no idea how I could have finished ahead over 300% without win goals.
STOPPING when you reach them is....
Yeah, Crystal. As you know the card rooms cannot bank the games so typically if you play blackjack or other casino game at a CA cardroom you have to pay $1 for the privelege of playing. "No fees" means that you do not have to pay that $1, the person who is taking the other side of the wagers pays a fee. It is good to hear that more and more card rooms are moving that burden of paying the house for the hand from the players to the bankers on Baccarat.
The no-commission part is becoming standard. In Baccarat you bet on which of two hands will win, "Player" or "Banker". Note that these are simply the names of the two hands, and "banker" is not associated with the house, "player" is not associated with the players. The players do not make any decisions except which hand to bet on but inherent to the rules is the fact that "banker" hand wins a little more often than player. If the house paid even money on banker bets then the bet would have a negative house edge so traditionally in baccarat the banker bet is paid 19:20, in other words there is a 5% commission. Virtually all of the baccarat tables I have seen in Southern California (Harrah's, Pala, Crystal, Huslter, Commerce, Pechanga, Morongo etc Agua Caliente and Fantasy Springs are only exceptions I can think of) are a proprietary game called EZ Baccarat where the commission is eliminated by pushing banker bets when the banker wins the hand with 3 card total of 7. The game also offers a side bet called the Dragon that pays 40/1 if the banker wins with that 3 card 7. The players and the house both absolutely love that side bet.
Last edited by bigfoot66; 04-17-2013 at 10:02 AM.
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