Baccarat Archives

Is this the best hedge in the Stock Market Casino?

Say you place a wager on ABX (Barrick Gold) at 28.00 for it to go higher

Now, would it be a good play to have an OPTION for a put of around 28.00? This way if the stock goes higher than I will not exercise my option and take the gains if Mr. Schiff is correct. If my stock gets crushed and the DOW falls to 3,000 and the stock goes to 15.00 then I can at least get in that option and take back some of my losses.

Any opinions, is this like Insurance at a blackjack table? I am not to sure yet on how to beat the options game at the stock market casino (Yes the market is a casino)

One of my favorite plays I think in this Casino game is to put a “PUT” play on companies like GM, C, BAC, GE, PM and have the put for at least six months from now and wait for them to get destroyed. But its a gamble, sort of like poker, baccarat, blackjack and sports betting.

Thank you for those whom can help with the hedge question on having a “PUT” on a stock you own long.

Peace everyone

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How many tie hands in a row have you ever seen in baccarat ?

Either in a land casino or playing online.

Question posted by: john


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How do the casinos make money on Baccarat?

Robert asked:
So, either the player wins, or the banker, and none of them lose money when a tie shows up. The odds of a banker and player showing up is almost equal, except the small 5% commission on banker. So, my question is that how is this game profitable for the casino? Basically, it seems to me that they are only profiting on the tie, and the 5% commission, because based on equal odds of player and banker, half of the players should win, and half should lose their bets in the long run [let's say in a sample of 1 million bets per year]. Someone clear things up for me please, because I think the 5% commission would never satiate the casino owners who are seeking to make big money out of these games.


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Baccarat Tip

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