Exploiting Loss Rebates in Baccarat
I recently received an e-mail from an individual at an overseas casino, asking if I would review his casino's baccarat loss rebate program for advantage play vulnerability. Like many similar programs, it included not only the standard loss rebate, but also incentives like airfare, room, food & beverage, and agent's commission.
The Not-So-Illustrious 18
Illustrious: (1) clear, conspicuous, distinguished (2) famous, eminent, outstanding. – Webster’s New World College Dictionary ©, 1996
Edge Sorting in Baccarat, Update #1
Edge sorting in baccarat takes place when the player can observe the back of one or more cards before making his wager (see this post for an introduction). If the player is able to sort the cards, then this knowledge allows the player to gain an edge.
The Effect of a Riffle on Table Game Profit
In table games, little procedures can cost a lot. Getting just one additional round per hour can lead to an increase in annual revenue of 3% or more. Efforts to speed up games usually focus on the dealers themselves. These front line employees are instructed to attract players to the game, make the game fun, and to deal as fast and accurately as they can.