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Making a Living Gambling & Bet Selection

Updated: Dec 24, 2020

Making a Living Gambling

If you want to know how to win at Baccarat, you should know first that there are easier ways to earn money. It’s possible to make living as a professional gambler, but there are a limited number of activities you can engage in to make that happpen. Most gamblers, even those who only play with an edge, don’t make six figures.

But you CAN improve your chances of winning at almost any casino or online. Sometimes this means choosing the game & bets with the lowest house edge. Other times it means making the correct playing decisions.9Bet Selection) Even if you can’t get an edge over the casino, you can still reduce the edge enough that your chances of winning improve.

Here are suggestions for winning at Baccarat.. For most gamblers, recreation is the goal —if you have more fun and think you’re going to lose anyway, by a means set a limit and enjoy. But if you are serious about improving you skills, and or making a living at it, keep reading.

Many of these suggestions will work if you’re gambling in brink & mortar or online. Make sure you stick to the top gambling sites, though, such as the ones you find on my website. There are hundreds more, but these are the ones I have had personal experience with.

Manage your bankroll

This is a general gambling tip that many players forget about. Some gambling writers dismiss money management as useless because it doesn’t change the odds in your favor. That’s true, but I think it has some practical applications. The idea is to set a stop loss limit and a win goal. ( I learned that in trading stocks)

Your stop loss limit is the amount you’re willing to lose before quitting—once you’ve lost that amount, you don’t play anymore. A win goal is the same thing, but it’s based on having won a certain amount. Once you’ve won that amount, you stop playing. The goal is to increase your chances of walking away a winner and decrease your chances of going home broke. It will do that if you stick with it, but if you lack discipline you end up losing long term Practice smart money management

It’s easy to get caught up in raising your bets as you become more and more optimistic with each wining hand. Maybe you think you’re on a winning streak, or maybe you’re chasing losses. Either way, you need to be stick to your stop lose and target goals.

Get some training

Training videos will tell you when you’re making the right decisions and when you’re making the wrong decisions. Having a spreadsheet you can replay different scenarios of actual shoes you have played (this is better than using RNG shoes) There’s probably no better way to prepare for your next shoe of baccarat.

Keep a journal

Paying attention to what you’re doing is one way to improve. One of the easiest ways to do this is by keeping a journal of your play, and tracking wins and losses. The Baccarat CheatSheet (spreadsheet version) does just that.

Improve your concentration

If you don’t pay attention to the game, then you miss a chance at winning. The only way to make sure you don’t miss a hand or make the wrong bet is to do things which improve your ability to concentrate. Learn to meditate. This is excellent exercise, not only for your gambling but life in general.

Take frequent breaks

You’ll lose less money per hour if you take frequent breaks. Your expected hourly loss is a factor of how many shoes per hour you play. It’s also a function of the house edge and how much you bet per hand. If you want to minimize the amount you lose per hour, you’ll find ways to play fewer shoes.

Practice online

Many online casinos offer free Baccarat games you can practice on. As a general rule, I don’t find that too helpful, but if you find one that mimics brick and mortar casinos you are in luck.Many players can learn basic strategy faster with some kind of online training program than they could by memorizing a chart or reading a prose description of the right plays. But a Baccarat CheatSheet and its bet selection is the best tool to put any strategy to work for you.

Utilize stats

Stats based on past performances are no guarantee of future performances. They’re an excellent indicator, though. Using stats effectively can definitely help you win money at Baccarat. I have accumulated more that 800 baccarat real casino shoes and over 38,000 hand to document statistics that will give you the best bet selection choices.

Don’t play with money you can’t afford to lose

This is a fundamental rule of gambling, but for some reason, recreational gamblers have a tendency to bet more then they should. My suggestion, if don’t have the discipline to set a target bankroll and stick to it, DON’T GAMBLE. Don’t every gamble, on anything, with money you need to live on.

Have a sufficient bankroll

You need enough to avoid going broke if you have a bad day. This means having a large enough bankroll to handle a number of loses in a row. Don’t put all your bankroll into a single shoe unless you’re comfortable with going broke.

Stay sober

Drunk players lose money, and fast. Avoid alcohol while you’re playing, and you’ll have a better chance of walking away a winner.

Conclusion

Winning at Gambling might be one of the hardest ways to make an easy living in the world. If you paid attention to this post, you could probably be earning six figures a year or more.

The real goal of this post was to provide you with tips about getting the most for your gambling dollar. If you play any casino game in the world, you’re going to face a house edge.

But just because you can’t beat the math behind the games doesn’t mean you can’t succeed at gambling. By reducing the house edge, you’ll achieve 2 things. You’ll have more fun for your money, because it will last longer, and you’ll be more likely to walk away a winner.

And remember, if you’re betting or playing online then be sure to only use the best real money gambling sites. Here are two that I have played on.


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