| Obviously, you can't take a tape recorder into a casino, so what use is this? Baccarat tournaments can offer a significant source of profit to an advantage player. Unlike most forms of gambling, it is fairly easy for a reasonably intelligent player to get an advantage in a tournament. The problem is variance. However skilled you are, you need to be damn lucky to win a tourney. Your edge may not manifest itself in any reasonable period of time, even if you play with a partner or as a team. Because of this, baccarat is ideal. The reason is that you can lower variance in baccarat tournaments by betting on both banker and player in certain situations and guarantee a profit. The premise behind this novel is simple. Random House publishing gave Andres Martinez $50,000 to spend in Las Vegas. Martinez proceeded to lose most of it. English bookmakers William Hill have taken bets on all these events, under the stewardship of Graham Sharpe, bookmaker to evangelical Christians, cryptozoologists and out-and-out lunatic conspiracy theorists. Hill's will take odds on anything. They used to quote odds for expectant parents on the sex of their child, 10/11 for a boy, 10/11 for a girl, before modern antenatal scanning techniques made determining the sex of an unborn child practical. For gamblers looking for a new edge, there are a number of ways of doing this. The basic objective of the professional gambler is to win money. Professionals can draw inspiration from other classes of gamblers who share the same basic goal. The main classes of gamblers who may provide this inspiration are cheats and "voodoo" players. If you look at several cheating techniques, it becomes apparent that a legal application of the same method exists. For example, card forcing (bending the deck open with the cut-card and fishing for an ace) at blackjack is illegal. However, alter the method slightly and you have card steering, which is legal, where you get a glimpse at the card at the back of the pack and cut some fixed number of cards from it, a very powerful method I wrote of in Get The Edge At Blackjack. Similarly, "voodoo" players use techniques that, with some alteration, can interest the professional. A voodoo player is someone who thinks that he can win through the application of some mathematically fallacious method: be it progressive betting, trending or astrology. Australia The Australians favourite gambling pastime is called "two-up". The game has all pretentious qualities we associate with Australians, involving betting on the throw of a coin or, for the daring, betting on two or more throws of a coin. Japan |
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