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Baccarat History
Targeted towards high rollers, Baccarat tables used to be exclusive
territory with roped off access and dealers dressed in tuxedos. More
recently, a lot of US casinos have offered “Mini Baccarat”.
How to Play Baccarat
A bet on a Tie pays 8 to 1. Even though the player dealing is acting as the Banker, he is not
obligated to bet on the Banker’s hand. In Mini Baccarat a casino
dealer handles the deal. A Tie at any point
in the game ends the hand and pays Tie bets. If neither hand is an 8 or a 9 and there is no Tie
additional cards may be dealt according to a standard set of rules. According to many, the game was first invented in Italy by a gambler Felix Falguiere, where it acquired the Italian name 'baccara', meaning zero in English. It's been suggested that the game was first played with a deck of Tarot cards in the middle ages. Chemin de fer is very similar to
baccarat as it's played in American casinos today. The Baccarat we know today originated in Great Britain and was then passed along to South America and finally to Nevada. The infamous Dunes casino introduced baccarat in the late 50's. The highest of the high rollers often come from overseas to try their hand under the chandeliers of the stylish Vegas baccarat rooms. A number of casinos have installed a smaller version of the baccarat game played on standard blackjack-sized gaming tables. The table is staffed by only one dealer who is responsible for handling the cards.
Baccarat Rules
Betting on Tie is not really recommended because it decreases your winning
chances. It doesn't matter which seat you take at the baccarat table because
unlike in Black Jack you are not playing against other players or against
the house. So never
mind what the other players bet on or how much they bet. If the value of the first card is a four, for instance,
the dealer will take the next four cards out of the shoe and discard them
in a tray next to it along with the first card. The player with the bank deals two sets of two cards, if of course the
game is played by two players. 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. When there is a Tie and you did not bet on it
nobody looses or wins. At first the value of the cards might seem a little odd, but it's
really simple to understand. After all is said
and done, the hand with a point total closes to nine
wins. The game begins with players placing bets. Two components of the game need clearing up at this
point. The other is how drawing a third card is determined. Please note that both hands are allowed a maximum of one
card draw. For instance, a hand of 6 and 10 will have
a total value of 6. A hand of seven and four has a
value of 1. Player shows a 6, 7, 8, or 9
(8 and 9 win)
Player Hand must Stand. Player shows a 5, 4, 3, 2, 1
or 0
Player Hand must Draw. Banker shows a 3
Banker Hand must Draw if player's draw card is a
0, 1, 2, 3, 4, 5, 6 or 7
Banker Hand must Stand if player's draw card is an 8. 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. (Thus the value of a hand is always between 0 through 9). 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.
- The maximum number of cards in a baccarat hand is three,,
- If the banker or the player has an eight (natural eight) or a nine (natural nine) on the first two cards dealt, no further cards are
drawn,,
- The player always draws when the hand is a five or less, unless the banker has a natural, and stands on a six and
seven,,
- the banker always stands if the player stands on a six or a seven
. 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. With a total of 7, he stands. 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. Each player takes it in turns to deal from the shoe there is however no advantage to be gained from it and it is just part of the tradition of the game. When the bank wins the house claims a %5 cut of the winnings and the total amount is collected every time the shoe is reshuffled. Player and dealer are both dealt two cards to start with, if either of them has a two card total of 8 or 9 then they must immediately turn over the cards. A 9 is the best hand and beats all other totals followed by 8, if both the dealer and the player has an 8 or 9 the hand is tied and no money changes hands. 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 3 then he must draw if your card is a 0-1-2-3-4-5-6-7-9.
Tips
- When the wager is counter-weighed by the player hand, the edge lowers to more near the 1% mark. 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. As for the tie wager, it should be out of the question since it gives a casino advantage of nearly 15%.
- These same probabilities in a baccarat game with six decks are 457% on the banker hand, 443% on the player hand, and 91% on the Tie. For an eight deck game, the casino advantage on the banker hand is 16%, whereas it is 15% in a six deck game.
- Play Baccarat at Casinos with the lowest commission possible. Usually this commission is 5%, which returns a House Edge of approximately 15%.
- Manage your money wisely, without a "system". Unless you have a very hearty bankroll, and do not mind losing every bit of it, play with a money management system that does not try to chase after losses.
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