Hey all,
I am considering entering a baccarat tourney next month, but am have not committed to it yet for the following reasons:
1. I have never played baccarat!
2. I have never played in a casino tournament (except slots, which doesn't count)
3. ... and the buy in is $8000!
Now one would wonder, with those reasons why I should even humor the idea? Well here are my counterarguments to the three reasons above:
1. Baccarat is essentially a flip of the coin game, with no strategy, even for an advanced player or card counter, meaning most of it is based on luck and betting strategy.
2. I live in Korea and baccarat is the only tourney they offer. Additionally, I plan to study hard for maximum strategy, and asian gamblers are notoriously bad at gambling (if watching them play blackjack for 3 months is any indication)
3. Depending the number of participants, I could glean a very positive expectation, though there are only 3 prizes: 1st - $200,000 2nd - 100,000 3rd - 40,000.
So there are the facts. Now, I have already ordered Wong's Casino Tournament Strategy, which many claim is the best and includes a baccarat section. What I would like to ask any of you out there who have tournament experience:
- Considering the prizes, at what number of participants would this be worth entering?
- Do you know of any good websites that discuss tournament strategy, baccarat in particular? (I haven't had much luck with google)
- Any general advice other than what I'll get from Wong's book?
When I do decide whether to participate or not, it will depend on 3 things: the number of participants, what I think about advantage playing in tourneys after reading Wong's book, and whether my currently BJ BR will allow me to blow $8000 on this a month from now. Thanks in advance for any advice!
I am considering entering a baccarat tourney next month, but am have not committed to it yet for the following reasons:
1. I have never played baccarat!
2. I have never played in a casino tournament (except slots, which doesn't count)
3. ... and the buy in is $8000!
Now one would wonder, with those reasons why I should even humor the idea? Well here are my counterarguments to the three reasons above:
1. Baccarat is essentially a flip of the coin game, with no strategy, even for an advanced player or card counter, meaning most of it is based on luck and betting strategy.
2. I live in Korea and baccarat is the only tourney they offer. Additionally, I plan to study hard for maximum strategy, and asian gamblers are notoriously bad at gambling (if watching them play blackjack for 3 months is any indication)
3. Depending the number of participants, I could glean a very positive expectation, though there are only 3 prizes: 1st - $200,000 2nd - 100,000 3rd - 40,000.
So there are the facts. Now, I have already ordered Wong's Casino Tournament Strategy, which many claim is the best and includes a baccarat section. What I would like to ask any of you out there who have tournament experience:
- Considering the prizes, at what number of participants would this be worth entering?
- Do you know of any good websites that discuss tournament strategy, baccarat in particular? (I haven't had much luck with google)
- Any general advice other than what I'll get from Wong's book?
When I do decide whether to participate or not, it will depend on 3 things: the number of participants, what I think about advantage playing in tourneys after reading Wong's book, and whether my currently BJ BR will allow me to blow $8000 on this a month from now. Thanks in advance for any advice!