Betting Probabilities in Baccarat
Baccarat is a game where bettors have the option of betting on the player or the banker to win. Bettors can also bet that the player and banker will tie, but this bet offers very poor odds and should be avoided. You place your bets in the relevant betting box on the table before the croupier deals the cards to the players, so you need to make a decision before actually knowing your cards. All in all there are only three bets to make in the game, with no option of adding more bets.
The payouts for these three bets are as follows:
• Player bets are paid 1-1.
• Banker bets are paid 1-1, but with a 5% commission to the house.
• Ties are paid at 8-1 in most casinos, sometimes (but rarely) 9-1.
Depending on which online casino you play at, you may notice a Baccarat variation called Mini Baccarat in both live and online casinos. This game has lower minimum bets than regular Baccarat but with the same house edges, making it a popular choice for those with smaller bankrolls. Mini Baccarat follows the same rules as its upscale parent game, with some slight differences:
• There is only one croupier instead of three in a live casino.
• The game takes place on a table half the size of the regular Baccarat table. It is semi-circular and has spaces for only 7 players instead of 14.
• The croupier deals all cards face up.
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