Although Baccarat can be an exciting and intense game of changing fortunes, it can be a little difficult for newcomers to grasp all of its nuances. With that in mind, here’s a simple look at how betting in Baccarat works, with a specific emphasis on a few of the betting moves that are considered legal, or sometimes even illegal, by the player.
Before delving into the specific betting moves available to the player, it’s important to understand what the possible outcomes are in a single game of Baccarat: either the player wins, the banker wins, or there’s a tie between them. With that in mind, each player must make their own decision at the start of the hand where they would like to place their bet. They can choose to either put their money with the banker, the player, or on a rarer gamble that both hands will tie.
In the event of a tie, the house pays out 8 – 1 odds. As lucrative as this may sound, it’s also because it’s much less likely than either of the other two options.
Betting on the Player
It’s important to remember that there are only ever two hands in a game of Baccarat, just as there are really only two types of main bets: the banker and the player. When a group of bettors gather around the Baccarat table, they are all placing their bets on one of two available hands. It’s for this reason that there isn’t really a hand tied to any singular bettor, and why people are encouraged to bet on hands that aren’t “their own.”
Of course, there are some small limitations as to who can bet in certain situations. For instance, if a player is currently holding the “shoe,” which rotates between the players, then they are unable to bet on the player’s hand. Instead, they must either bet on the banker’s hand or pass the shoe of cards to the next bettor.
Betting on the Banker
When betting on the banker’s hand, there are a few caveats to keep in mind. First, the banker has a slight built-in edge, meaning that the house is slightly favored to win more times with the banker’s hand than the players are with their hand. For cunning bettors, this edge might seem like an obvious area to take advantage of. While it’s true that many Baccarat betting strategies hinge on siding with the banker a majority of the time, there’s still something else to keep in mind: the house takes a commission. Whenever a successful bet is placed on the banker, the house takes a five percent commission to cover any potential losses.
Other Rules to Consider
It’s worth noting that even if a bettor is currently “in charge” of the player’s hand, it is perfectly acceptable to instead place a bet on the banker’s hand. Unlike many other games, there isn’t a strict competition between the house and the players in Baccarat. Instead, it’s more of a money management game that involves bettors selecting potential winners from a pool of options. Ultimately, Baccarat is a fun game of chance that provides players with more strategic choices than many other casino games. With that in mind, it’s best enjoyed by people who are eager to put their analytical skills to the test.