Kyle is a baccarat player, at least that’s what he told me via email.
He’s not a big game player, spending most of his time at the low-limit mini baccarat tables, betting $10 a hand.
I won a few and lost a few, but I had a good time and usually played for a long time for my money,” he wrote.
Kyle tries to keep things interesting with several wagering systems.
Let’s take a look at each.
Kyle：Sometimes I try to keep the streak going. I start by betting on the house, as this has a low house advantage.
I wait until two players win in a row. Then I switch to the player, hoping for a long streak.
Once I made the switch, I stayed with the Player until the Banker won two games in a row. Then I turned back and hoped for a winning streak there.
I’ve had some good streaks, but I’ve also lost because the tables are choppy and there’s no streak. What do you think?
Reply：The system falls into the essentially harmless category.
The downside is that sometimes you bet on the player. The banker has a house edge of 1.06%, while the player has a house edge of 1.24%.
That’s a fairly small gap, and both are among the better bets in the unskilled table game. So if switching between bets adds interest and fun to the game for you, the house edge difference is a small price to pay.
This is not a system that will result in more frequent wins. The situation you describe is normal, there are some big wins when the streak happens, but losses on choppy tables.
Overall, you end up close to the same place as if you were betting on every hand. It’s slightly better to stick to the bankers and lower edges, so you’ll have to decide whether the excitement of chasing a winning streak is worth it.
KYLE：My other system is betting progress. When I use progress, I don’t switch between banker and player. I’m stuck with the player. I know it’s the worst bet, but I don’t like dealing with different sized commissions when I win the dealer.
I’m not going crazy. I start betting $10, then if I win two in a row, I raise it to $20. If I win two in a row, I get to $30. Then, starting with my fifth win in a row, I add $10 to each win.
I don’t have many really long streaks, so I wouldn’t bet $100 or anything. I do have a really good streak and I won $50. That’s $180 before losing $60, and betting $10 per hand means winning $70 before losing $10.
Reply：Big wins in progress are offset by situations where profits are often wiped out in smaller streaks.
If you win two $10 bets in a row and then lose $20, you can break even. A fixed $10 bet will give you a $10 profit over three hands. This happens much more often than major wins.
Your average loss will be higher than when you flat bet. Raising the bet in a row also raises the average bet. The house edge will result in a higher loss on an average wager of $15 than on an average wager of $10.
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