Baccarat is the latter Type of 747 live Game
The house edge for each of the main bets in baccarat is as follows:
The banker takes another card based on that hand’s total versus the player hand total, as follows:
- The banker bet has a 1.06% house edge.
- The player bet has a 1.24% house edge.
- The tie bet has a 14.36% house edge.
The best strategy for most casino games is to take the bet with the lowest house edge. In the case of baccarat, that’s the banker bet. The difference between the banker bet and the player bet is small enough (0.18%) that you could go with the player bet if you find it more entertaining.
But under no circumstances should you ever take the tie bet. That’s one of the worst house edge figures in the casino for a table game.
You can sometimes find a casino which offers a “reduced commission” on the banker bet. Instead of charging a 5% commission, they might charge a 4% or 3% commission—or less.
Any reduction in the commission on this bet results in a lower house edge for the game, which means that the banker bet is even better at such a casino running such a special.
Baccarat Strategy
Gamblers are always looking for a strategy or a system to help them get an edge over the casino. In some cases, this is possible. Card counting in blackjack is an example.
Baccarat has no opportunity for a winning strategy, though. The house edge for these bets stays the same regardless of any strategy you might try.
With that understood, I’ll look at some of the baccarat strategies that people try and explain the pros and cons of each.
The main strategy most baccarat players use is to track which bets are winning more often—banker or player. This is such a popular strategy that the casino offers pencils and scorecards to the players so that they can track these trends.
How these trends inform a gambler’s betting depends on whether the gambler prefers to try to ride a hot streak or if the gambler thinks that a result has become overdue.
Gamblers who ride hot streaks will see that the banker bet has won 4 times in a row, so they’ll bet on the banker to take advantage of the hot streak.
Gamblers who believe that results become due will bet on the player in that same situation, thinking that it’s unlikely for the banker to win 5 times in a row.
Both these strategies are examples of something called “The Gambler’s Fallacy.” This is the idea that the probability of an event changes based on what happened on previous trials.
But with games like baccarat, every hand is an independent event. The odds don’t change based on what happened on previous hands. The house edge remains the same—it’s still a function of how likely you are to win versus how much you win.
Another baccarat strategy is to raise or lower the size of your bets based on previous losses or wins. The Martingale System is usually considered a strategy for roulette, but some players use it in baccarat, too.
