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Survive with Baccarat at Kangwon Land!
Let’s devise a strategy to successfully play “live baccarat” at Kangwon Land. Before doing so, you need to understand the rules and restrictions for baccarat permitted at Kangwon Land.
Kangwon Land Baccarat Rules and Restrictions
Of course, it proceeds in the same way as the regular baccarat rules , and is divided into two: a regular baccarat game played in front of a dealer and an electronic baccarat game where multiple people bet on one screen.
Regular baccarat has a minimum bet of 1,000 won and a maximum bet of 300,000 won, while electronic baccarat has a minimum bet of 1,000 won and a maximum bet of 100,000 won.
The controversy surrounding this has intensified, with some claiming that limiting the maximum to 300,000 won actually increases the likelihood of losing money.
In fact, Kangwon Land Casino is the only casino in the casino industry with a money hold rate exceeding 20%, and there is talk that this is largely related to the betting limit.
Therefore, it is considered impossible to make money in the long term with an electronic baccarat game with a maximum bet of 100,000 won, and it is judged that it is possible to make a profit by playing at a table with a maximum bet of 300,000 won.
What is the cost of living at Kangwon Land for one day?
For a living in baccarat, the odds of winning and losing money are important, but you should also thoroughly calculate your daily living expenses and reduce them as much as possible.
It is virtually impossible to win tens of millions of won a day from a table that only has 300,000 won, so you should set a target amount of at least 1 million won and at most several million won and increase the seed money as much as possible.
Accommodation prices near Kangwon Land
People who come to make money should not even think about staying at the Kangwon Land Hotel (Palace Hotel).
According to one article, a one-month stay package at Kangwon Land Resort costs a whopping 3,399,000 won, or 3.4 million won. It’s like coming here to earn money, only to end up spending it instead.
Therefore, we need to find the cheapest accommodations possible for a decent living. As a result of my research, I found that most motels near Sabuk Station sell long-term stays, and several even provide meals.
This price is very cheap, at 1.2 million won per month, with a daily accommodation cost of 40,000 won, and breakfast and a shuttle to the casino are also provided.
In other words, you can cover the cost of one night’s accommodation and breakfast for 40,000 won.
Additional costs
First of all, you need to cover other meal costs, entrance fees to the casino, and the cost of returning from the casino to your accommodation.
Since breakfast is provided by the accommodation, it is important to first consider the cost of other meals. Assuming that you eat one more meal in addition to breakfast, how you solve this problem is also very important.
If you eat at the facilities inside the Kangwon Land Hotel, one meal will cost more than 20,000 won. (A bowl of Jajangmyeon costs 25,000 won.) Therefore, you must come down to Sabuk Station to eat.
The price is much cheaper, including a bowl of noodles that costs 7,000 won, so you can easily solve one meal other than breakfast with 10,000 won.
Also, you have to purchase an entrance ticket to Kangwon Land Casino, and since the ticket has to be renewed every day, the 9,000 won entrance fee can be considered a daily expense.
The return taxi fare from the casino to your accommodations is 6,000 won. Kangwon Land operates a shuttle bus at closing time, but unless you’re planning to come back right after breakfast, you’ll need to return to your accommodations before then, so budget for 6,000 won.
It takes about 40 minutes to walk, but it’s not a bad idea to walk there on a day when you lose money to reflect on it.
Kangwon Land Life Baccarat Review
Day 1 of the raw fish
Rather than focusing on making money unconditionally, I created content by imitating a YouTuber. To cut down on accommodation, taxi, and food costs, I traveled with a friend. We each contributed 10 million won, bringing our total to 20 million won.
As I entered Sabuk Station with a fluttering heart, I realized that I had entered Gangran when I saw that various entertainment establishments such as pawn shops, massage parlors, tea houses, and adult PC rooms were all gathered in one building.
First, I went around to several motels to get prices. Most were quoted around 60,000 won per night for a twin bed for a long-term stay, but after discussing it, I lowered the price to 55,000 won. (They were also understanding about a one-week stay.)
It’s a pretty good deal since two people can live on 55,000 won a day. Based on a 6-night, 7-day week, you can live for a week for 330,000 won.
However, since the shuttle only runs in the morning, I had no choice but to take a taxi to Kangwon Land. The taxi fare was 6,500 won.
I arrived and purchased my ticket. There were fewer people than usual, so I was able to enter without a long line. I was told I could reserve a baccarat game and be assigned a seat within an hour or two, so I waited with a friend, loitering around.
I brought only 1 million won as seed money to avoid losing all my money in one day, but seeing everyone else’s stacks of chips was discouraging. After a while, I got a reservation call and sat down at the first live bar table.
The person I came with was called to another table, but I was left alone, so I was more nervous and worried about making mistakes in betting, so I bet small amounts at first to get used to it.
I decided to raise the betting amount by betting between 10,000 and 30,000 won (actually, I wanted to bet more, but I felt too self-conscious because I was surrounded by the trainers, onlookers, and veterans sitting at the same table).
I don’t use a recorder, but most people bet using baccarat, which I’ve only heard about. Is there a big difference between having a strategy and not having one? My 400,000 won was gone in 10 minutes.
I thought to myself, “Will I even be able to pull this off? Am I just doing useless content?” But from that moment on, things changed.
I was betting a fixed 100,000 won, but with six consecutive wins, I was already seeing a profit of 200,000 won. I hadn’t set a specific target, but at this rate, I thought I could easily make millions of won a day.
The betting continued, and after about three hours of eating and dying, I ended up making a profit of 950,000 won.
He threw his last chip of 50,000 won, but lost it and got up right away, making a total profit of 900,000 won.
My friend had already lost all his money and was waiting for me from behind, watching. I signaled him to continue playing, but he was too tired to leave.
Results from day 1 of the live bar
- Expenses: Accommodation (27,500) + Taxi fare (6,500) + Food (28,000) + Admission ticket (9,000) + Cigarettes (4,500) = 75,500 won
- Profit: 900,000 won
- Total: 814,500 won profit
Day 2 of the raw fish
My friend and I set our alarms for 7:00 a.m., as there was a 10:00 a.m. shuttle and breakfast was served at 8:00 a.m. The reason our food bill came to 28,000 won each the night before was because of the soju we had, and we both had a hard time waking up because of our hangovers.
I barely managed to get up and came to eat the meal provided with my friend.
As you can see in the photo above, it was self-service, and the side dishes were mostly seaweed. The seaweed soup that came out was delicious. About four other people were eating besides us, and most of them seemed to be residents.
Since there was a 10 o’clock shuttle, we had a leisurely meal and my friend and I went back up to our room to rest before leaving on time.
It was a vehicle similar to the Starex, and there were a total of six passengers.
The people riding together already seemed quite friendly with the boss.
Listening to their conversation, I noticed they were carrying a lot more money. The oldest man, who seemed to be the oldest, got into the car with about 6 million won. I could tell that most of them preferred blackjack over baccarat.
The shuttle dropped us off at the entrance to Kangwon Land, but from then on we scattered again.
My friend and I reserved a table like on the first day and entered the guest room.
When I arrived on the second day, I felt much more relaxed and less nervous than yesterday.
Rather than thinking that I could make money, the biggest thing that struck me was that it was a place where people could live as they adapted.
Seed brought in 1.5 million won. What was the result on the second day? He lost it all.
I lost all 1.5 million won in less than two hours.
I only played the player line in the opposite direction, so I had 300,000 won left, and I threw the last maximum of 300,000 won to the player, but the banker came out.
It wasn’t a huge amount of money, but I felt empty after losing yesterday’s profits and had a gut feeling that this content was going to fail, so I came back down to Sabuk Station alone.
I went straight to the motel room where I had money, took 1 million won back, and took a taxi to Kangwon Land.
I made another table reservation, smoked a cigarette, and waited for my turn. After about two hours, at 5 p.m., I was finally able to sit down at my table again. But as soon as I sat down, a pattern appeared… Do you know this picture?
This is one of the easiest patterns, but is there anyone brave enough to place three or more player lines here? I immediately placed 300,000 won on the banker because two player lines were placed.
What’s the result? Player… I wonder if the four-line will be drawn. I bet on the banker again. What’s the result? Player…
I lost four straight games in four games. I was so devastated, I went to a friend’s table where the game was going on, and he had two 100,000 won chips in his hand.
I waited until I lost everything and ended the day drinking at Sabuk Station.
Results of the second day of the raw fish
- Expenses: Accommodation (27,500 won) + taxi fare (12,000 won) + food (30,000 won) + admission ticket (9,000 won) + cigarettes (4,500 won) = 83,000 won
- Income: -2,500,000 won
- Total: -2,583,000 won
Day 3 of the raw fish
After yesterday’s heartbreaking second day, I have decided to refocus on my daily baccarat content.
I decided that if I lost a set amount of money in a day, I would get angry and never bet more. Yesterday, I came up with all kinds of strategies to save on accommodation and taxi fares, but I ended up spending twice as much on taxis because I was trying to bring more money, and I ended up spending several times as much on food because I was upset about buying drinks.
The amount lost was another 1 million won, and I thought I would have to bet more carefully to recover it.
I raised the seed money to 3 million won. (I was so upset from drinking that I skipped breakfast.)
An acquaintance of mine lost a total of 2 million won yesterday, but he took 500. I wonder if it’s possible to play baccarat for a living, but I couldn’t control the betting amount.
But the table I was assigned today was the same as yesterday.
I wasn’t feeling well, but I had no time to wait or delay, so I just sat down and placed my bet.
Perhaps it was because the aftermath of yesterday’s defeat had washed over me, but I felt no tension anymore. I was just desperate to make money and recover.
At one point, I saw a profit of about 1.8 million won, from 3 million won to 4.8 million won, but after a long fight of about 4 hours, I was defeated.
Results of the third day of the raw fish
- Expenses: Accommodation (27,500 won) + taxi fare (3,000 won) + food (20,000 won) + admission ticket (9,000 won) + cigarettes (4,500 won) = 64,000 won
- Income: -3,000,000 won
- Total: -3,064,000 won
After the Baccarat debacle…
If you add up the total for three days, you will suffer a loss of about 5 million won.
I still had 5 million won left in the seed money I had prepared and 3 nights left for lodging, but I had neither the courage nor the will to do anything more.
My friend suffered a loss of over 8 million won, which was even greater than mine, and we both decided to give up after the fourth day.
In fact, I came here ambitiously planning various things and trying to resolve the question, ‘Can I really make money?’, but I also failed to control my emotions and ultimately failed.
There were a lot of entertainment options nearby, but I didn’t see any of them and I didn’t feel like eating, so I just left with my friend.
The owner of the accommodation offered a refund for three days, but we were embarrassed because we had already paid, eaten, and emphasized that it was ‘fun’, so we didn’t accept it.
Problems with Kangwon Land’s Baccarat
First of all, this is entirely my fault, but… the maximum bet amount is too small, so there is little chance of recovery.
No matter how much you increase your seed money, you will never be able to place a large bet at the desired timing.
If you lose 3 million won and try to bet the maximum of 300,000 won, you will end up betting 300,000 won for every shoe.
The betting amount is fixed regardless of whether the picture is good or not.
Also, the prices are too expensive.
All drinks provided in the guest rooms are free, but if you want to buy a cup of coffee in the hotel, you have to pay close to 10,000 won for an Americano.
But that doesn’t mean you can go downtown just to have a cup of coffee, and it’s even more foolish to think about living and making money at a casino.
But if you still want to try…?
The most important thing is to increase your odds of winning. This is easier said than done, but I’m not sure it’s actually possible to increase your odds in baccarat, a game with a 50% chance of winning.
Although there are many people who study this, they all commit the gambler’s fallacy and I have never met anyone who has succeeded in making a living.
If you want to increase your odds to even 60%, you should use a casino with a large maximum or set a small target amount based on Kangwon Land standards.
It seems important to set a small target amount so that you can bet 300,000 won at the right time and bet the maximum amount according to the timing.
Also, as mentioned above, accommodation costs must be minimized.
This is a similar story to the small target amount. What if the target amount is 300,000 won, but the cost of a night’s stay at a hotel is 200,000 won?
Of course, if you want to live 365 days a year, you need to minimize your accommodation costs.
The moment you think you’ve finally gone out to play, it really is over.
It’s obvious that you’ll spend money on drinks and entertainment when you’re drunk, but it seems too obvious. There’s a reason there are so many entertainment establishments like this around Sabuk Station.
If you really want to try out Baccarat for a living, I won’t stop you, but keep in mind that there are too many difficulties to succeed.
