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It's possible over a large number of hands of baccarat to be in the positive. It's rare, and the variance of baccarat is so low, I'd expect the large number of hands to be less than other games to have more than 1% of the players to be positive. Then depending on how you learnt, when you learnt and what you learnt, my answer 'could' change to 'yes' it is possible to make a living sports gambling!! Atleast 10 years to start.

Baccarat is an example of a game where there is a larger percentage of people who play that game who have been lucky enough to have lifetime wins compared to other games (for example, double-zero roulette).
For those lucky people, they can play the game professionally.

Ahigh, what in the world are you talking about? Baccarat is a negative expectation game. Everybody loses in the long run.Don't professional gamblers limit their play to games that are beatable? +EV VP, counting BJ, hole-carding carnival games, etc. Why would they play Baccarat, when it's not possible to get an edge in that game?

Baccarat is an example of a game where there is a larger percentage of people who play that game who have been lucky enough to have lifetime wins compared to other games (for example, double-zero roulette).
For those lucky people, they can play the game professionally.
But as far as setting out to be one of those lucky people, it's like setting out to inherit money. It happens to you, not as a result of something you do, you just either have it or you don't.

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Whether they've had luck in the past or not, every additional visit to the table is like setting out to inherit money. Sure, there are people who set out hoping to continue their good luck. But, there's no logical reason at all why the luck would/should continue in the future.

Ahigh, what in the world are you talking about? Baccarat is a negative expectation game. Everybody loses in the long run.

Define the long run. Not everyone loses over their life times. Everyone is -expected- to lose, but they may not actually lose.
It's possible over a large number of hands of baccarat to be in the positive. It's rare, and the variance of baccarat is so low, I'd expect the large number of hands to be less than other games to have more than 1% of the players to be positive. I'd even guess that the number of hands is less than that for playing a number straight up on a double zero roulette wheel.

Define the long run. How to beat online poker software. Not everyone loses over their life times. Everyone is -expected- to lose, but they may not actually lose.

I knew somebody was going to ask this. As you well know, it's not definable, but since he was talking about playing baccarat 'professionally', I think everyone gets the gist of that statement.

Does anyone play baccarat everyday and leave the casino after winning $400 per day?

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I guess you got your answer however let make sure you get the point.The short answer is absolutely not. So if you found some system online or read some book claiming you can win at , craps, roulette,keno it's probably BULL. If some guy on a message board or in real life claims you/they can make $400 a day gambling in the casino (especially baccarat) then it's probably BS. I remember back in the 90's-early 00's When someone would mention they were a professional gambler, people would always claim they have some uncle or friend that dose the same thing, followed by a story how their uncle/friend always wins in the casinos. Now days if someone mentions they gamble for a living they assume that person plays poker. Followed by a story how good they or their boyfriend is.
If someone its trying to get you to buy something or put money up or take a class DON'T DO IT. Anything legitimate like Advantage play's like Video poker (certainly a consistent $200- $400 a day was possible on VP in the 90's) You can find all the information online including this Forum.
mathematically you can not beat games like Craps,keno, roulette, baccarat or other games like let it ride or 3 card poker. There are occasionally Angles on all casino games, things like seeing a dealers card in 3 card poker,taking advantage of dealers mistakes. Real Advantage players don't usually quote daily figures they will usually tell you an average overall hourly.

The first step to becoming a professional gambler is learning enough about probability to get an edge when betting. Casinos stay in business because they have a mathematical edge over most players. Your goal as a professional gambler is to only bet when you have anedge.

But how do you know if you have an edge or not?

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You have to be able to do the math.

Luckily, it’s not hard.

Probability is just a mathematical way of looking at how likely certain events are. A probability of an event occurring is always a number between 0 and 1. If an event has a probability of 0, itwill never happen. If it has a probability of 1, then it will always happen.

You flip a coin. You want to know the probability that it will land on heads.

You determine that by dividing the number of ways you can achieve the result you’re solving for by all possible results. When flipping a coin, you only have one way of getting heads. You alsohave two possible results—heads or tails. So your probability of getting heads is 0.5.

That probability can be expressed as a fraction or a percentage, too. 0.5 is the same thing as ½, and it’s also the same thing as 50%.

When you bet on a particular event, you can compare the probability of winning that bet with how much you risk versus how much you stand to win in order to determine the expected value of thatwager. For most casino games, your expected value on each bet is negative—the casino has an edge over you.

Is It Possible To Make A Living Gambling

You bet on a single number at the roulette table. The probability that you’ll win that bet is 1/38. If you do win, you get paid off at 35 to 1 odds.

One other way to express a probability is in odds format. That’s a comparison of how many ways you can fail versus how many ways you can succeed. Since a roulette wheel has 38 numbers, youhave 37 ways to lose and only 1 way to win. That means your odds of winning are 37 to 1.

Is It Possible To Make A Living Off Gambling

If you got paid off at 37 to 1, you’d have an edge of 0, and so would the house. If you could get paid off at 38 to 1, you’d have an edge over the casino. But you only get paid off at 35 to1, so the house has an edge over you.

In all those cases, your probability of winning is low, but if you get paid off enough money, even a low probability bet gives you an edge over the house.

Here’s why:

Suppose you play 38 spins of the wheel. You’re betting $1 on every spin. If you get results that mimic the mathematical probability, you’ll lose $37 and win $35. You lost $1 on 37 spins, and youwon $35 on one spin. That means your expectation is -$2 over 38 bets.

You can divide that expectation by the number of bets to get an amount you expect to lose on average per bet. In this case, your expected loss per bet is $0.0526. You can express that as apercentage if you like, and in this case, that percentage is 5.26%.

Your goal as a professional gambler is to only place wagers where you have an edge. Since your statistical results over a large number of trials should near the mathematical expectation, you canexpect a profit if you play long enough.

That’s the math that works for the casino, and that math can work for you as well.