The strength of the casino market on the Strip is brightening up financial reports, as are domestic markets in general. (Image: Gavin Hellier / Getty Images)
A booming Las Vegas Strip helped Nevada’s casino giants to a positive Q3, as MGM Resorts International, Caesars Entertainment Corp and...
Rock ‘n’ roll was cultivated in the United States, but Hard Rock is hoping to take its casino act to Japan. (Image: Chris Harris/thetimes.co.uk)
Hard Rock Café International Inc. is the latest casino company in the United States to set its sights on Japan.
The privately owned Florida-based...
A view of the lobby following an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.
The Downtown Grand has a slate of new executives.
Management announced today that Marie Ramsey was hired as chief financial...
Instead of waiting for the California General Assembly to enact regulations for online poker in the state, an Indian tribe in the state has taken the bold step of opening up their own online poker room that will test several state and federal laws.
Late last week, the...
LONDON -- (PRESS RELEASE) -- Cutting-edge casino games provider BetOnSoft today announces that it has rebranded to Saucify.
The new brand name is evocative of adding sauce to a dish to make it more exciting and flavorsome, exactly what Saucify has been doing for the past eight years in the...
LAS VEGAS -- IGT - International Game Technology’s $6.4 billion buyout at the hands of lottery giant GTECH Corporation was all about timing.
After years without consolidation of the manufacturing side of the gaming industry, the deal between Italy-based GTECH and Nevada-based...
(PRESS RELEASE) -- Card Player Media has announced that he next exciting stop on the Card Player Poker Tour will take place at the Bicycle Casino in Bell Gardens, California with a nine-tournament series beginning September 21.
The highlight of the series will be the $1,000 no-limit...
While no one can beat the odds of baccarat long term, many successful baccarat players can make their money last longer and reap more reward from the game by using a baccarat system.
An important factor to remember when approaching the game of baccarat is that the casino factors in a profit on top of all wagers. American baccarat rules generally follow the formula below:
Wagers on the Player’s hand gives the casino an advantage of 1.29 percent
Wagers on the Banker’s hand gives the casino an advantage of 1.01 percent
Wagers on a Tie gives the casino an advantage of 15.75 percent
This means that when you wager on the Player’s hand, you lose 1.29 dollars in every hundred.
So how does one win at baccarat? Many baccarat players still manage to win despite the house’s advantage by exercising a baccarat system. A winning system can be developed based on the results of all previous rounds played and by taking into account the previous bets made on baccarat hands throughout the course of a game.
However, it is almost impossible to forecast which hand will win in a round because baccarat is essentially a game of chance and not probabilities. Mathematically speaking, no one can influence the odds.
One system that many baccarat fans favor however is known as the 1-3-2-6 system. This method of play focuses on monitoring past bets. It aims to reduce the dollar amount of bets while still aiming for the largest possible win.
Those that choose to exercise the 1-3-2-6 system of baccarat follow these rules:
<!--[if !supportLists]-->1)<!--[endif]-->Place a one unit bet to commence the game. If you win your bet in the first round, increase the amount to a three unit bet for the second round.
<!--[if !supportLists]-->2)<!--[endif]-->If you win the second bet, you have six units available to you. Retrieve four units and place the remaining two as your third bet.
<!--[if !supportLists]-->3)<!--[endif]-->If you win this third bet, add an extra two units and use a total of six units on your fourth bet.
<!--[if !supportLists]-->4)<!--[endif]-->If you win this fourth bet, you have profited by ten units from a total sum of twelve.
In the first instance, you must sacrifice one unit if you lose your first bet. You lose two units if you win your first bet but lose the second wager. If your second wager is successful, you profit two units. If you win three bets but lose the fourth, you break even. You can also break even if you lose the second bet five out of six rounds but come back with four successful consecutive bets in the game.