We’ve all loved a good card game, so it is no surprise that baccarat is fast becoming the new face of gambling. Baccarat is a card game of probability initially created in the 1400s by Felix Falguiere or Falguirein.
When you’re playing a game of baccarat, you are betting between two hands which are the banker and the dealer. This means that you can only place your bets on either the banker or the player.
A baccarat coup only has three possible outcomes: banker, player, and tie. Your job as a bettor is to figure out who will come out victorious between the player and the banker.
Baccarat bets explained in %
It’s important to understand that baccarat operates on probability more than anything, so having the stats is vital. The banker’s hand in baccarat will win 45.8% of the time. This percentage is slightly higher than the player’s hand, which comes in at 44.6%.
The outcome of the tie comes in at 9.6%, making it the lowest percentage. If we factor out the outcome of a tie, the banker’s percentage will be a marginal 51%.
In many cases, placing a bet based on the probability of the outcome is a good idea. The outcome may differ however it offers you a more secure bet.
Betting on the bank
Placing your bets on the banker may seem like the best option, primarily because of the 45.8% chance of winning.
To obtain a winning bet, the banker must achieve nine points or anything below nine.
Points are a type of value that each card holds. The dealer will always issue one card at a time. The total points of each hand are calculated at the end of each round.
When you place a bet on the banker and win, you will pay something called juice. This is the commission that the casino makes on all banker-winning bets.
Many casinos set their juice at 5%, which isn’t bad considering the odds. Indeed, the commission placed on wins made from banker bets is to help the casino recover funds.
Before placing your bets on the banker, you’ll want to remember that the banker’s hand is always completed last. This will always give the player a slight advantage over the banker.
| Bet on the bank | Payout |
|---|---|
| Bank wins | 0.95 |
| Player wins | -1 |
| Tie | 0 |
Betting on the player
Placing your bet on the player may seem like the next best thing, especially when you have a 44.6% chance of winning.
Always remember that the end goal is for the player to win a total of nine points or anything below nine. The croupier will deal the cards to both the banker and the player.
The player, who has a slight advantage, will always have their hand finished first. The most significant advantage to winning a player bet is that you do not have to pay juice like when winning at a banker bet.
| Bet on the player | Payout |
|---|---|
| Bank wins | -1 |
| Player wins | 1 |
| Tie | 0 |
Betting on the tie
Placing your bets on the tie might seem highly risky as there is only a 9.5% chance that you will win. The probabilities that a banker or player will win seem more likely than getting a tie.
To get a tie, both the banker and the player must have the same number of points, thus resulting in a tie.
Once the game reaches a tie, the bets on the banker and the player will be returned.
Baccarat is governed by a particular set of rules, meaning the bet is fixed once a hand is dealt. The fixed rules may result in the final hands of either two to three cards.
| Bet on tie | Payout |
|---|---|
| Bank wins | -1 |
| Player wins | -1 |
| Tie | 8 |
Best Baccarat bet?
Placing a winning bet during a baccarat game is easier than it looks, especially considering the odds.
A lot of baccarat strategies are more inclined to you betting on the banker because of the house advantage.
The house advantage currently sits at 1.06%, which may seem small, but as the name implies, it gives the house an edge.
House edge is a competitive advantage that the house gives itself. Statistically speaking, it guarantees the house a profit, allowing you to continue getting the entertainment you are looking for.
The truth about betting and creating strategies is that there’s no guarantee. However, you can take odds to the bank.
Whatever bet you decide to make, always bet carefully with a proper understanding of all odds.
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