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Lucky Baccarat Players Force Drop in Vegas Gaming Revenue

March 25th, 2008

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The big push that Vegas has been putting on for the high-roller baccarat player has supposedly affected their revenues for the first part of this year. With the growth of the resorts in Macau, Las Vegas has been catering to the high-roller Asian players. The reports are that revenues for January are down from those of January 2007, by about 5%.

The baccarat players are winning big bucks. They’re not cleaning the house out – the casinos are still raking it in – and a 5% difference could come from any type of occurrence including the nation’s financial situation.

Yes, the house edge is less than most other games in the casino, but the new baccarat action is in addition to the original action. If anything, the casinos are trying to get the word out there to the Asian players that they’re losing money to them, so they’ll come back again.

Live Baccarat Pairs

March 18th, 2008

Live Baccarat Pairs is the latest evolution in online gaming. With live dealers with real cards, the experience is as realistic as it gets. EnterAsia is gearing up to become the top online baccarat provider worldwide with this innovative way of play. The Baccarat Pairs variation is very popular in the Orient, and with live dealers EnterAsia is trying to give the Asian baccarat player the absolute security that the game is fair.

There are pit bosses in the studio that monitor the action and make sure that this is achieved. Baccarat stakes can become very high, and this sort of action guards against possible incidents like the Absolute Poker fiasco a few months back.

These live games have the potential to become very popular online. The Asian baccarat players will be the litmus test for the technology, which can easily be transferred to every other table game that casinos offer.

Baccarat in the Sky

March 11th, 2008

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They’ve been doing it in ships on the ocean for decades, but no one has thought of providing gaming action in the air before, until now. Sheldon Adelson, owner of the Venetian Resorts in Vegas and Macau, has come up with the brainstorm of ferrying high rollers from China to Vegas and breaking open the baccarat tables at 30,000 feet of altitude.

The revenue possibilities for these trips could be very big. For one thing, they will be traveling in international air space and will not be taxed by any country. Vegas revenues are taxed 6.75%, and Macau taxes are a whopping 40%.

They will be offering baccarat action as soon as they purchase two Lockheed wide-bodied jets and begin to offer flights. There are laws that prohibit gambling on flights into, and out of, the U.S. But private flights are exempt from the 1994 amendment that prohibits the airborne action.

3 Steps to Becoming a Baccarat Winner

March 4th, 2008

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1. The first step to becoming a winning baccarat player is to know how to bet. Betting on the dealer gives the house a 1.09% edge. Betting on the player gives the house a 1.24% edge. The tie bet gives the house a 14% edge. Stay away from the tie bet.

2. Set your financial limits and stick to them. Schedule your playing sessions and divide your bankroll over those sessions. That way your money is controlled and you always have some for next session. Get out of games where you’ve won 50% of your buy-in.

3. Play at the proper stakes for your bankroll. You want to have at least 25 times the bet you plan on playing at, and even more if you’re playing a fluctuating bet. Without enough money for the win/loss variance baccarat has, you will go broke. The bigger bankroll lets you survive the losses.

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