Unlike other table games, online Baccarat players are not provided with a huge selection of bets to pick from. In Baccarat, the player can place only three main bets namely: Player, Banker and a Tie. The game also makes room for side bets to be placed but this tends to vary from one casino to another. Read on to learn more.
Player and banker bet
The main aim of the game of Baccarat is to create a hand which totals as close to 9 without going over. Face cards and 10 counts as 0, while the Ace is worth 1. When it comes to playing Baccarat, you have the option of voting for the Player, the Banker or else a tie
The Banker Bet is considered the most favourable in terms of odds since it has the lowest house advantage. Winning bets pay off 1:1, but it should also be noticed that a 5% commission is applied to the winning bets when you bet on the Banker.
On the other hand, when it comes to betting on the player, the odds are slightly against you. The Player bet also pays 1:1. The odds, however, are still in the banker’s favour.
Both the Banker and the Player are dealt two cards each. There’s also the possibility of requesting a third card, provided it meets the rules. The Player must go first, and if he turns down the request for an additional card, the Banker must play his turn.
The tie in Baccarat means that you are betting on the outcome of the next hand to be a tie between the Player and the Banker. The odds of this happening are not advantageous to the player, which explains why many Baccarat lovers call the tie a sucker bet, as the house edge stands at a massive 15%.
Tie bets pay 8:1 or 9:1 and although that sounds quite alluring, tie bets rarely win. Many statistics claim that a tie bet tends to happen once every 11 hands on average. Nevertheless, some players still believe that a tie bet can happen when it pays 8:1 since in some cultures, 8 is considered a lucky number.
When a hand results in a tie, the dealer will call “Press, Change or Rearrange”. Many players tend to remove bets or else, move them to the opposite side of the table. If you opt for ‘Press’, then you are doubling your initial bet.
How to place each of these bets
Regardless of whether you are playing at a full-size Baccarat table or else Mini Baccarat, you will immediately notice that the Player betting area is the one nearest to you. The Banker is then placed next and the tie bet is the one closest to the middle. The chips, as well as the commission boxes, are placed in front of the dealer.
To kick off a game, you must place a bet on one of the areas: The Player, the Banker or Tie.
Side bets depend on the online casino itself and on the nature of the side bet the casino has available for you to take advantage of.
The game variant Lucky Pairs Baccarat offers a much higher payout, but it comes at the expense of a considerably higher house edge as compared to the house advantage of either the player or the banker bets. Additionally, if you are willing to play this version of Baccarat, you need to be aggressive in your wagering. If you don’t like the risk associated with it, then it would be best to stick to the standard Baccarat version.
The Lucky Pair can be either that the initial two cards of the player are a pair or else that the dealer’s first two cards are a pair.
When the first two cards are dealt, the game comes to a stop, as the dealer removes all the losing bets from the table and pays out the winning ones. If the player further asks for a third card, then these are dealt out and the bets are settled.
The payout for either a Banker pair bet or else a player pair bet stands at 11:1. When it comes to playing online Baccarat, you must be sure that the software provided at the casino is offering a Baccarat version that meets your needs.
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