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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 the Player pays even money. A bet on the Banker pays even money
minus a 5% house commission. A bet on a Tie pays 8 to 1. 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. The Player’s hand is dealt to first, and only if the current value
is 5 or less. D. And remained an exclusive game to the French nobility for some time before becoming a casino game. Eventually,
baccarat evolved into European baccarat and the French game 'chemin de fer'. The title of banker rotates around the table in a manner similar to the dice at a craps table. The infamous Dunes casino introduced baccarat in the late 50's. In casinos based in the Portuguese territory of Macao, near Hong Kong, the popularity of baccarat is unrivaled. The layout, conforms to the regular baccarat table and each of the seven seat positions correspond to a number and betting box with spots for banker, player, and tie. The limits are lower and usually range from a $2 to $5 minimum, up to $500 maximum.
Baccarat Rules
The only thing you are betting against is the cards. Baccarat is played with eight decks of cards without Jokers. At the
beginning of a new game or when the Cut Card in the Shoe is dealt, the dealer will shuffle all decks together and put them back in the
shoe, called "The Bank". Then he will take the very first card
out and whatever the value of this card is indicates how many cards will
be Burned. 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. Once the bank looses
it moves on to the next player. 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. Two components of the game need clearing up at this
point. The other is how drawing a third card is determined. If this
sum goes over ten, subtract ten and you will have the
final value. 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. I will try to simplify this as much as possible with a
few brief guidelines. If such is not the
case, the Player Hand makes the first move. 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. Banker shows a 5
Banker Hand must Draw if player's draw card is a 4, 5,
6, or 7
Banker Hand must Stand if player's draw card is a 0,1,
2, 3, 8 or 9. 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. The player's objective is to get a hand that is closer to 9 in value than the banker's. (Thus the value of a hand is always between 0 through 9). If the players cards total 15, 10 is subtracted and the value of the hand becomes 5. There are two hands dealt regardless of how many players there are: the banker's hand and the player's hand. Although the payoff for winning a draw bet is much more appealing, the chances of actually getting it are pretty low. Tied 9s or tied 8s are a stand off; no money changes hands (unless ties can be bet on)
If neither the player or the banker has a natural (a total of 8 or 9) then play goes to the player. Dealers normally wear tuxedos and the surrounding are is quite lavish. This means the game is quite simple especially as there are only three possible bets that can be made. The table layout is quite simple and consists of fourteen numbered positions seven on each side of the dealer; the number thirteen is omitted as it is considered unlucky. Three dealers run the game and one of these is the caller who runs the game and stands between positions 1 and 15. The aim of the game is to get as close to 9 as possible and if you are nearer then you win. All picture cards count as 10 and aces count as 1. If the dealer has 9 then he must stand.
Tips
- Bet on the Banker Hand most of the time. Depending on the number of decks being played, the casino advantage for the player hand wager is generally 15%, whereas on the banker hand it is only 16%. Since the house edge is relatively similar for both bets, it is presumptuous to entirely negate the player hand wager.
- 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. A slight difference of only one hundredth of a percent shows, which is apparent when looking at the House Edge.
- Play Baccarat at Casinos with the lowest commission possible. On the banker bet, the casino charges a vig, or commission to counter the players advantage.
- Any system like the Martingale, which is designed to cover losses, should be avoided. Whatever you decide to follow, be sure you plan ahead of time.
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