Baccarat Article on Don Tigert
Dated January 2nd 2011:
Interview by: Michelle Brown
Interview with Don Tigert Baccarat Professional Author/Teacher
By Michelle Brown Assistant Editor Gaming Times News
Continued from page one...
Don Tigert: If anything it's my approach that's different from other Baccarat
Players. To begin with I am a research fanatic it's just the way I'm wired.
I'm also a creator/inventor. Before my Baccarat life I was very successful
inventing/marketing products. I have products that I have created and
patented, some of my products have Grossed Millions and Multi Millions
of Dollars. 2 of my Designs have been on the shelves of Walmart for over 20
years and still on the shelves and have become staple items today. It's an
amazing feeling to create something and it have worldwide appeal and get
paid to do it. Some of the products that I created and patented are Aquarium
related products. I revolutionized the whole Aquarium industry 25 years
ago. 25 years ago the only Aquarium on the shelves were the rectangle glass
boxes, you've seen them, they are still on the selves today, but if you walk
the Pet Product Isles of Walmart, Kmart, Target, Petco etc you will see the smaller
1 and 2 gallon Hexagon Aquarium Aquariums. I started all that 25 years ago.
I injection molded the tanks in Acrylic, packaged it complete with "Tank, Gravel,
Greenery, Air Hose, Pump", everything complete in a 4 color box and sold it
for under 20 dollars. Now 25 years later due to inflation they sell for under 30 dollars
but still a viable "Staple Item" in the Retail Chains. I first sold Millions of Dollars
by Mail Order then sold Multi Millions of Dollars of products to most of the major
retailers. I built a nice company over a 15 year period, I then received an offer to sell
the Company, Patents, Royalties etc. I took the offer. I was able to retire young,
relatively young. It was at that point of my life, (around the time I sold my company),
that I was also researching all the various Casino games. And through my research
I came upon this little known game called Baccarat which only has a little over 1%
house edge, 1.4% to be exact. arguably the "Best Odds" in the House.
Michelle: Wow! You have had a very interesting and successful career creating
and inventing, that's amazing. So how did you switch from manufacturing Aquariums
to the Gaming industry?
Don Tigert: Well, long story short. I mentioned I sold my Company, now over 17 years
ago. I built that Company starting when I was 20 years old, just a kid. I started
in my garage with an Idea. I had 2 great mentors My Dad and My Brother In Law.
My Dad was a successful businessman, he was a Pharmacist and owned multiple
Pharmacies through out his career, but it was my Brother In Law that was my
"Product Mentor"showing me that you can take an idea and follow through to creating a
Prototype then sourcing how to produce the product in mass quantity and equally
important how to successfully market the idea/product to the Mass Retailers like
Walmart, Target, etc. He was and still is a great inspiration today. But to answer your
question, how I switched from Manufacturing to Baccarat? After selling my Company,
actually about a year before I sold the Company I began researching ALL the table games
in the Casino. During the 15 years building my Company I was consistently traveling and
exhibiting in many Trade Shows. By attending and exhibiting in the various industry
Trade Shows you get the exposure needed to sell your products and you get the
opportunity to meet all the main Retail Buyers with high hopes of selling them product(s)
and hopefully at some point receiving an order, which I was lucky enough and persistent
enough to do. All the Major Trade shows in my Industry were in "Casino Towns" Atlantic
City, Las Vegas, Bahamas, etc., all of which have Casinos of course. We would find
ourselves at the end of a very boring Trade Show day wanting some action. Therefore we
spent many evenings at the Casino. I have never considered myself a "Gambler" and still
don't. I consider myself a "Calculated Risk Taker" Big difference in the two. Even years back,
when I didn't know what I was doing in a Casino, I would not use the mortgage money or
the grocery money to play. Gamblers will use the rent money hoping/gambling to turn it
into a larger sum and it rarely happens that way. Being a "Calculated Risk Taker"
I would calculate what disposable money I could play with and not exceed that amount no matter
what, very important. Believe me having built more than one Successful Company from
"Scratch" I know the value of a dollar and how hard it is to "Make, Maintain and Manage"
money. No matter if it's Business or Baccarat I research, research, and research, and
count the costs then factor in the "Risk Reward Ratio" before putting the hard earned out
on the Baccarat table.
Michelle: Sound like you are not only Smart but also Wise.
You mentioned "Your Approach" to Baccarat. How is it different from
Don Tigert: You have to pay me to tell you that, laughing,,,. Simply stated,
my Approach to Baccarat is "Systems Don't Work." Stay away from Systems.
Believe me in my years of research I have stacks of Books, Systems that I
have read and played. Anything on the topic of Baccarat I tried to get my hands
on to study and read. After selling my Company I took a year off and just played
and researched Baccarat. After 3 years of buying every Baccarat System(s)
and Baccarat Book on the market along with researching and playing I came
to the cold conclusion that "Systems Don't Work" and never will work
against a "True Random" 50/50 game. No matter what it is Baccarat or
any other 50/50 game, you will not be successful long term if your using
a "System" to beat "Random". It was at that point, 3 years into my research,
that I was going to either give it up trying to beat Baccarat or create a totally
different approach to attack the game Baccarat. I guess I'm lucky that it only
took me 3 years to figure out that systems don't work. 3 Years sounds like a
long time but I know people that have spent decades and others a life time
using systems to beat random and still not connecting the dots. In short, not
to give out any "Big" secrets to my Method, but I will tell you I beat Baccarat
consistently by using "Random" not "Systems". You know you have heard
the term "Fight Fire with Fire" well I "Fight Random with Random".
For Decades people have tried to beat Random "Systematically" or in other
words trying to beat Baccarat and other random games using Systems and
in the long run losing. Reason is, the definition of a "System" is "Doing
the Same Thing, The Same Way, The Same Time, Over and Over".
The best "System(s)" ever yielded me was 1 step forward 2 steps backward.
That is obviously "Ground Losing Ratios". Systems when it pertains to
Baccarat is the preverbal "Four Letter Word". I tout myself as the
"Anti System" Guy! And that goes for Pattern Recognition also.