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Baccarat History
Although it has always been a popular game in European and Latin
American casinos, it never caught on as strongly as Blackjack in US
casinos. Targeted towards high rollers, Baccarat tables used to be exclusive
territory with roped off access and dealers dressed in tuxedos.
How to Play Baccarat
A bet on the Banker pays even money
minus a 5% house commission. In
the classic game of Baccarat the deal rotates among the players. Even though the player dealing is acting as the Banker, he is not
obligated to bet on the Banker’s hand. Natural hands always immediately win or Tie (although a 9 beats an
8). After the Player’s hand is
complete, the Banker’s hand is dealt out according to the following
set of rules: If the Player did not draw a third card, then the
Banker only draws a card to a hand of 4 or less. The result of the die decided her fate. If an eight or a nine was thrown, she would become the priestess; if she threw a six or seven, she would be banned from any further religious activities; if she threw any number less than six, she would walk into the sea. The basis of this game is very similar, but the rules and payoffs are much less
dramatic. Baccarat has a history overseas too, which is evidenced by its popularity among the Asian population who visit Las Vegas each year. The highest of the high rollers often come from overseas to try their hand under the chandeliers of the stylish Vegas baccarat rooms. In casinos based in the Portuguese territory of Macao, near Hong Kong, the popularity of baccarat is unrivaled. The table is staffed by only one dealer who is responsible for handling the cards. Lacking the formality and large group of players, mini-baccarat is played fast and is a good place to learn how to
play.
Baccarat Rules
Baccarat is a game of chance, all you have to decide is which
hand you think will win. The only thing you are betting against is the cards. Baccarat is played with eight decks of cards without Jokers. Each player is given the bank in
turn and can hold the bank as long as the bank wins. When nobody has a natural additional
cards are drawn to determine the baccarat winner. If the hand you bet on
wins you get a one to one payoff. You can bet on a Tie where
you get a one to eight payoff but a Tie is very rare, it occurs
less than once in ten hands. This
is not only the case with single card values but with the result of
two cards combined. Much like blackjack, two
hands are played - a dealer and a player hand pitted
against each other. Unlike blackjack, but
rather, like craps, multiple players around the table
can bet on which hand will win. After the players
turn, and depending on both the outcome of the players
hand and its own, the dealer hand will either draw a
third additional card or stand. Two components of the game need clearing up at this
point. The other is how drawing a third card is determined. Tabulating the hand value is straightforward
and only takes simple mathematics of addition. For instance, a hand of 5, Queen and 9 has a
value of 4 (5 + 0 + 9 = 14 - 10 = 4) Card draw determination is slightly more
involved and is often explained with a chart. If
both hands have an 8 or 9, the game is deemed a tie, in
which all Tie Bets win. Player shows a 5, 4, 3, 2, 1
or 0
Player Hand must Draw. Once the player hand is finished and
standing, the bank hand will determine whether it must
draw a third card. Winning bets on the player hand pay back 1 to 1, while
winning bets on the banker hand do the same, but with a
5% vig (commission) winning tie bets pay back 9 to 1. An ace counts as 1, two counts as 2,
etc,, , up through nine counts as 9, but tens (jacks, queens and kings) count as 0. There are two hands dealt regardless of how many players there are: the banker's hand and the player's hand. The payout for winning a bet on the banker's or the player's hand is even money, or 1 to 1 and winning draw bets are paid off at 8 to 1 odds or 9 to 1 depending on where you are playing. Although the payoff for winning a draw bet is much more appealing, the chances of actually getting it are pretty low. The player stands on a total of 6 or 7, but if the player has a total of 5 or less he/she must draw one card (face up)
Now it is the bankers turn. The advantage is slim, in the area
0,,8%, but in the world of gambling that's really not that small. The game of baccarat is unlike most casino games as the is no level of skill involved the reason for this is that neither the player or dealer has any options or decisions to make during the course of the game. This means the game is quite simple especially as there are only three possible bets that can be made. Player put their bets on the numbered box in front of the players after the winner is called the other two dealers pay out or collect from the winners and losers around the table. If your score is below 6 then you must hit and receive a third card, if you receive a third card then the dealer takes another depending on your total. If the dealer has 1 then he must draw. If the dealer has 4 then he must draw if your card is a 2-3-4-5-6-7. Once all the hands are dealt it is closest to 9 that wins.
Tips
- in the long run, a player should be making more bets on the banker than on the player. Going back the card-counting issue, if a player does indeed insist on counting cards, they should pay attention to 6's and 4's. When more 4's are leaving the deck, the banker bet has slightly better odds, whereas when 6's leave the deck, the player bet has a slightly better chance of winning than it does from the start of a fresh deck.
- Looking at the House Edge, it is lowered, albeit not substantially, for every deck taken out of the equation. A baccarat game using eight decks will deliver a probability of 456% of winning on the bank hand, 442% of winning on the player hand, and 92% of winning on a Tie. For the player and tie hands in an eight deck game, the edge is slightly better in the eight deck games.
- On the banker bet, the casino charges a vig, or commission to counter the players advantage. sometimes casinos will only impose a 4% commission, which brings the House Edge on the banker bet down to only approximately %.
- If you want to take your chances, then by all means use a system - just know when to quit. As for other bankroll management strategies, a good one is posted on this website.
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