Online table games are popular all over the world. To let everyone win more, the editor of Jiliplay will use baccarat to help everyone better understand the “return rate,” hoping to increase everyone’s winning rate.
Rate of Return: Conception – Jiliplay Table Game
The term “rate of return” comes from economics and is widely used in the stock market. It means the percentage of the investment amount that is earned. If we invest 10,000 yuan in stocks and get back 10,500 yuan within a period of time, then we say the “rate of return” is 5%. This concept is familiar to everyone and relatively speaking, everyone will assume that “the more you invest, the more likely you are to earn more.” Large investors who invest millions of dollars are often more powerful than small retail investors. They have heavy weapons in their hands, and it is easy for them to capture cities and territories. Compared with investors who only have a small amount of money in their hands, these people obviously have an advantage.
How to get a better understanding of it
However, it is not common to apply the theory of “large investment makes it easy to get rich” in the market to gambling. Big players cannot use money to gain advantages. A big win often leads to a crash, and the ups and downs make both people and money thin. On the contrary, small gamblers can take advantage of the advantages. They are the “ruthless characters” who play the role of ants moving elephants.
The concept of return rate in the economic market does not apply to gamblers, but casinos are professional institutions that strictly enforce return rates. They are palaces of mathematics, and the return rate of each game has been accurately determined in advance (that is, the expected value in statistics). In Baccarat, the return rate of the casino is 1.3%, which means that 100 yuan earns 1.3 yuan. The return rate is very low. The casino relies on an endless stream of bets and an infinite number of games, gathering small streams into a sea, and in the long run, the low return rate plays a role in high profit.
We all admit that gamblers are at a disadvantage, so is it possible that the return rate of gamblers is higher than that of casinos? In the long run, can we win 1.3 yuan or even more with 100 yuan? This question is very strange and interesting. It is worth discussing it in detail!
The rate of return is regarded as the supreme management rule by the casino, but few customers bring this concept into the field of gambling. After a fight, every customer will check his wallet. They are used to expressing the results by the number of rounds and the number of wins, but few people will describe it with the complete concept of “rate of return.” You probably rarely hear people say: I brought 10,000 yuan to the casino this time, played 20 times, and won a total of 500 yuan, an average of 25 yuan per bet; the rate of return is 5%, and the average rate of return per bet is 0.25%.
Such words that sound sleepy are indeed difficult to arouse interest in in the big scene.
Customers will not bring calculators to the casino (I have seen people bring paper gossips into the casino), and when they get home, they just take out their pockets and count whether they have brought back less money. No one will seriously calculate the rate of return.
Two common misconceptions.
The first view is that customers are at a disadvantage, so the rate of return will not exceed that of the casino. One hundred yuan cannot make 1.3 yuan. Customers must rely on luck (or skills) to make the casino suffer, so “people who win a lot of money” must be “rarely lost, and almost every time they enter the casino, they win money!” It sounds quite reasonable. We also bring up another theory for discussion: the odds are against you, and the rate of return is so low, so small bets cannot make you rich, and if you want to win more, you have to bet big. A bet of one or two hundred yuan can only make ends meet; only big bets of tens of thousands of yuan can bring you big gains. These two views are almost golden rules, and few people question them.
First, let’s discuss whether “people who win a lot of money” “rarely lose and win money almost every time they enter the game!” :
The answer is, it’s nothing! If the number of games is used as the basis, everyone still loses and wins. Gamblers who can win money in the long run have the same number of games as others. You lose five out of ten games, and he may lose six out of ten games, but he will have a better ending than others. The key is that “losing is limited, winning is unlimited.” If you lose, you are only willing to consume the established fence and no longer add; if you win, you will not stop at will; you must take the opportunity to make a lot of money, and winning one game is enough to make up for the gambling funds of a very good game.
Those who can “win a lot of money” are not built up by the great achievements of winning every battle but rely on the principle of “limited losses, unlimited wins.” They don’t feel any pain when they lose a game, but they burst their pockets when they win a game. Only in this way can they get rid of the entanglement in the low return rate.
Conclusion
The return rate is generally not high, but sometimes it is ridiculously high because a big win will suddenly increase the return rate and also overwhelm their rationality. Many people naively believe that Baccarat can make people prosperous in the short term but ignore that the return rate is always pulling back; it will pull down the previous results, and everything will return to the starting point. Most of the time, we can’t invest 100 and make 100. I believe everyone will agree with this, right? Therefore, it is very important for us to set a “stop loss point” in advance and strictly abide by it. It is very important to quit the game decisively after the round is over. If the game is not going well, we are only willing to lose a limited amount of money. Once we start to win money, we can’t be polite! We must “catch a lot of money” just a few times so that the return rate can be pulled up all the way!
