If you listen to the experts’ advice and avoid betting on ties, and you don’t wish to bet with the Banker, there are other alternatives that you can exploit. People have been studying baccarat and ways to make bets for a long time now, and they have developed some rather advanced betting systems that can be implemented into your baccarat strategy.
One of the best-known ones is the Martingale system, which has been around for centuries. It became popular in 18th century France, and it is a system where you progressively adjust bets. It works in most casino games, not just baccarat, but it fits into baccarat perfectly.
The system even has uses outside of gambling, and it has been known to make an appearance in forex trading, securities investments, and other investment vehicles that are seeking to achieve long-term profit expectancy.
The system was invented by Paul Pierre Levy, a French mathematician. However, thanks to the fact that it was popularized by a casino owner called John Martingale, it got stuck with his name, instead. The way it works is fairly simple. It is based on the theory of Mean Revision, and the theory says that historical returns and asset prices will revert to the long-term average, or mean.
So, how can this be applied to baccarat?
Well, the system is designed to assume that the payout will get as close to the RTP in the long run as possible, meaning that a particular hand is bound to win at some point. With that in mind, the Martingale strategy says that you should double down on the next wager each time when you lose a wager.
So, if you put $20 on the Banker’s hand, and it loses, the strategy recommends that you stick with the Banker, and put $40 for the next wager. If you lose again, you double that down and put $80 for your third wager. And, when you win a hand, then you revert to your original bet and go with $20 again.
The idea is that you will win big gains at the end of the cycle, especially if you see a losing streak, and that you will be able to recover your losses, plus make some extra profit on top of it. So, if you have enough money to bet for the long run, this system has a 100% success rate. The only question is whether you have enough money to keep doubling your bet as you go along.
With that said, this is not the best strategy for people with a small bankroll, as they might run out of money before they reach the win that will restore their wealth. Next, even if you do have enough money, if you keep losing and doubling your bet, you will eventually reach the table limit. At that point, you can’t go higher, and even if you win, you will not even be able to cover your losses anymore, and you’ll need an entire winning streak to do just that.
Another downside is that, even if you do see some wins, you will have to bet a number of times to earn enough money to be worth all the effort. And, lastly, there are some casinos that have banned the Martingale system, so you need to check whether it is allowed before you start applying it.