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.
I spent an hour surfing the web in an effort to find and discuss different methods of beating baccarat. Included are betting systems, money management, patterns, trends and other mythological methods. Actual methods of beating baccarat are discussed as well.
It is not often that I recommend a research paper on voodoo gambling ideas, especially a paper on progressions. Then again, it is very rare for a quality research paper on the topic to be written. Last November (2019), I visited Rutgers University as an invited speaker in their probability and statistics seminar. During the visit, I met the authors of this paper, professors Harry Crane and Glenn Shafer. They are first-rate scholars and are among the very few who are finding original angles on ancient ideas. After reading this paper, I felt it was important to pass it along. The paper I am recommending is:
Baccarat players, along with roulette and a few other games, are notorious for paying attention to the past in determining what their next wager should be. But cards, dice and wheels don’t remember us. The past is irrelevant in these games. What came before is meaningless — it is the eternal now.
I am writing this post to make several Excel spreadsheets easily available for you to download. Each of these works the same way. Once you open the spreadsheet, to run a new simulation, you have two easy choices: