As you should know by now, Baccarat is a game with a low house edge, which translates into a lot of variance. You can easily win thousands of dollars, as well as loose them in the same fashion. This is one of the reasons for the popularity this game enjoys. If you have a passion for Baccarat, which is more than likely, as you are reading this article right now, you might be interested in using some of the Baccarat Betting Systems. While these system won’t change the house edge and you’ll still be holding a slight disadvantage, use of these systems will help you with several things:
You’ll limit your possible losses by implementing a stop-loss.
You’ll have an amount that you want to win and quit.
You’ll be concentrating on what betting system advices, thus you won’t be too susceptible to your emotions.
All of these are really important and is actually exactly what describes the difference between a casual player, who plays for fun, and an addicted gambler, who get’s stressed out by letting their emotional state affect their betting.
How the Martingale System works
Martingale is probably the world’s most famous betting system. It was invented back in the old days, where the coin-flipping game was enjoying a huge popularity. Martingale suggested that gambler should double his wager, every time he lost the bet. Martingale gained a huge popularity and seemed like a solid, sound strategy among those who advocated it.
So how do you use Martingale at the Baccarat tables and how does it work? There are several things you need to do before you can make it work:
Implement betting units – 1 Unit should represent the starting amount you are looking to bet. This amount shouldn’t exceed 1% of your bankroll, so if you have $1,000 – $10 Units would be a great start.
Think about how much you want to win – this should be an amount, which will make you to quit the tables in case it’s won.
Implement a stop loss. Your stop Loss shouldn’t be your whole betting bank, as that’s how it is for those who have a gambling addiction. Instead, have a stop loss that won’t affect your mood and life too much. If it’s $100, make it $100 – there’s no shame in doing it right!
Now you are ready to jump into the Baccarat action! Remember, always bet on the ‘player’ as it features lower house edge than the banker, thus giving a better chances to win. Also, at all times avoid TIE bets or any other bets than the banker and the player. Other bets are designed for gamblers and while they offer pretty pay-outs, win odds at these are just horrible!
So to start using Martingale, you sit down at the table and:
Bet $10 on the player – for the sake of this example, you lose.
Now, Martingale advises to double bets on your losses, so you bet $20 – unfortunately, you lose again.
You bet $40 on the player and… lose
You bet $80 on the player and ‘Bingo!’, you win! You get a payout of $80 and a net profit of $10! It’s easy as that!
You now start the system all over again – bet 1 Unit and double every time you lose. If you win on the first betting round, bet 1 Unit again!
Advantages and Disadvantages in the Martingale Baccarat Strategy
As in each betting system, there are advantages and disadvantages, Martingale is no different.
The main advantage Martingale features is the ease of gameplay! You don’t need to be a math genius in order to be using this system at the tables. It’s simple enough for anyone to understand.
As already said in the beginning of this article, it also helps you to concentrate on your goals. You are less affected by the outcome of a single hand and are able to see the big picture!
If you don’t run horrible, it will be hard to lose! Logically thinking, there will surely be that one time, when you’ll win, even after bad losing streaks. It takes only one win and you are back in profit!
The most obvious disadvantage for Martingale is the dramatic swings enxperienced by its user. As you are advised to double your wager after each loss, you are chasing your losses. It only takes one unlucky streak of bad cards and you can be betting hundreds of dollars.
Martingale requires a relatively large playing bankroll, in order to be used effectively. This is basically the same as the 1st point. There will surely be times, when you’ll experience several losses in a row and this is where Martingale will advise you to bet more and more. It’s very easy to run out of money.
Sometimes it’s not possible to bet the amount needed, as it will exceed the table limits allowed. So even if you have enough funds, following this system might not be an option. Of course, you can always try to find a higher limit table however, that option is not always possible. Most casinos now set their table limits to make using this system impracticable, so lower limit tables will have a minimum bet size of $1 and a a maximum of $100, and higher limit tables will have similar stakes ranges, so you will not be able to double your bet amount enough to make this system work.
Starting with a bet of $1, on a table with limits of $1 to $100 the sequence before you are stopped by the upper limit would look like this:
$1 – $2 – $4 – $8 – $16 – $32 – $64 – the next bet should be $128 but you can only bet a max of $100. That sequence was for 7 losers in a row, which happens a lot more than you might think.
Flaw In The Martingale
After Martingale got so popular, back in the good old days, many math specialists started to analyse it and came to a conclusion; that it is flawed and won’t help the gambler to win money. There’s only one good reason for it – In order for Martingale to be profitable, the player needs to have infinitive wealth. Unless you do really have an infinitive amount of money, Martingale is flawed.
However, I probably scared you off – this analysis was done by runnings millions of test runs. Before you play, you need to ask yourself several questions:
Am I going to play for millions of hours?
Do I have infinitive wealth?
Am I here to earn money or to have some fun?
If you are playing for fun, you could certainly benefit from using the Martingale. It will give you a clear structure to your betting and does incorporate a possibility of making a profit. Used in conjunction with a realistic stop loss figure, you could use this system to have some profitable baccarat sessions.