During my live session yesterday someone mentioned in chat that an Excel spreadsheet was available that could do real-time baccarat calculations. I had been thinking of creating a spreadsheet like this. The point of the spreadsheet is that a player or surveillance could track the shoe and compute the exact theoretical edges prior to any hand in the shoe based on the cards that had previously come out.
The question of why advantage players do what they do is answered in the popular media by images of glitz, glamour, parties, piles of chips, cat and mouse, and youth. The motive is greed and the time frame is now. But there is another class of advantage players (APs) who definitely do not fit this Hollywood stereotype. I’m talking about professional APs – the life-timers. These are individuals with the talent, dedication and bankroll whose chosen occupation is beating casinos at their own games.
One thing I learned from my days as a blackjack card counter is how incredibly easy it was to spot other counters at work. And one thing I learned from my days as a casino consultant is how many involved in table games protection find identifying a card counter to be a profound struggle.