Players are always looking for quick and easy ways to strike it lucky. Who wouldn’t want a full proof strategy that would minimize the risk and guarantee one life-altering sums? Sadly the world of online gambling doesn’t work like that. And for no casino game is that truer than baccarat.
The best a player can do is hope lady luck is on his/her side and invest in a thoroughly thought-out bankroll management strategy. While this may not necessarily increase a player’s chances of winning it will ensure that a player leaves the baccarat table with his/her dignity and wallet intact.
When it comes to games like baccarat a player doesn’t have too much control over the game’s outcome. What a player can control, however, is how the player chooses to bet as well as how much the player chooses to bet. For many the issue of what kind of bet to place is often far simpler than deciding on the size of the bet.
For example, it’s a well-known and an accepted approach to baccarat that a player should always bet on the banker winning. This has overall the highest payout and therefore solves the issue of what kind of bet to place.
The question of how much to bet is far more complicated, however. Players need to carefully calculate how much they have to bet in each round and how to use that money for the duration of the round. This is no simple task.
The important thing is that a player uses the available bankroll in such a way that the bankroll is enough to play as many rounds as the player initially set out to play. Players who calculate their bankroll accordingly will also find that they are able to maximize the available bankroll they have.
To help players effectively manage their bankroll, some online casinos give players the option to see vital information about their game such as the number of hands played, the session time that has elapsed as well as the hands played per hour. This information is useful for players when trying to calculate whether to increase or decrease the size of the bets.
There are also games such as High Limit Baccarat, a Microgaming game, which gives a player the option to play a few free practice rounds. These free rounds will give a player a sense of how much they should bet each hand. If an online casino gives a player this option, s/he should consider it, as playing some free practice rounds can give a player some useful insight into how to manage bankroll effectively.
If a player decides to play at an online casino where there’s no option to play online baccarat for free, the player can play for money for a limited period of time. Even a round of just 10 minutes will give a player a sense of how they use bankroll. It’s also a great opportunity to stop and analyse these transactions and strategize how to use bankroll so that the player minimizes risk and gets the most out of their betting money.
Of course the tricky thing about bankroll is that one can’t generalize. There are no hard and fast rules. And what works for one player may not necessarily work for another. The best a player can do is spend time getting a sense of his/her playing style and tailoring the bankroll strategy to suit this. This may take some practice which is why free practice rounds can really save a player’s game.
What a player needs to determine in order to effectively control bankroll is on average how many hands s/he will play per round. Of course this is just an estimate and it may vary when a player starts playing. The player should use this estimate to work out how much to bet each hand. This can be calculated by dividing the total bankroll by the estimated number of hands per round. The player will then have a good sense of the maximum amount s/he should be betting per hand.
Having a sense of the maximum amount to bet per hand can be very useful. Some casinos offer versions of online baccarat such as High Limit Baccarat, which come with an Auto Play feature. This gives players the chance to pre-program the game and watch as it is played out automatically. Knowing how much to bet and ensuring that the bet remains consistent throughout the game, as would be the case with Auto Play baccarat, can be a very management bankroll management strategy.
The superstitious baccarat players out there will often use their bankroll as a way of dealing with either a winning or a losing streak. While there is no real such thing as a winning or losing streak in games with unpredictable outcomes such as baccarat, that doesn’t stop players. Players who control their bankroll based on what they believe are winning or losing streaks would increase their bet after a win and decrease their bet after a loss.
Players should use this approach to bankroll management wisely. It’s always best to keep in mind that with baccarat each round is unique and separate from other rounds. This means that it may not be the wisest strategy to adjust one’s bankroll based on something as unstable as a winning or losing streak.
As an example, a player who is following such a strategy might start off with a wager of 3 units. If the player wins the player will then increase the bet to 4 units. The player will continue to do so until the player loses. Once the player begins to lose, the player will then decrease the size of the bet by one unit.
If the player hits a losing streak and finds him/herself back at one unit, the player will continue to bet one unit even if the player continues to lose. The idea is that in this way the player will take advantage of winning streaks and minimize any damage when the player hits a losing streak.
Bankroll management is essential for a game like baccarat. The tricky thing about bankroll management is that there is no full proof strategy. When it comes down to it, each player has to find the best strategy for their playing style. And while this may take some time, it’s well worth the effort.