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Baccarat History
In the 1950’s the game was popularized in Vegas because of
the efforts of Frank Sinatra, a co-owner of The Sands at the time. 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. A bet on a Tie pays 8 to 1. 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 either hand dealt is
a total of 9, it is called a “Natural” and automatically wins. It's difficult to trace back the origins of this game mainly because slight variations of it name are used in both countries, each wanting to claim it as theirs. Chemin de fer is very similar to
baccarat as it's played in American casinos today. The difference is one of the players banks the game instead of the casino. The title of banker rotates around the table in a manner similar to the dice at a craps table. 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 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. It is played by the exact same rules, but lacks the accoutrements of the formal version.
Baccarat Rules
Betting on Tie is not really recommended because it decreases your winning
chances. So never
mind what the other players bet on or how much they bet. 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". If
the first two cards dealt count Eight or Nine it is called a "Natural" and wins
automatically, unless both hands have the same
value then it is of course a Tie. At first the value of the cards might seem a little odd, but it's
really simple to understand. That is
why the Ten, Jack, Queen and the King count 0 and the Ace only one. So if you draw an eight in baccarat and a three, for
instance, the value of both together would be eleven but since the first
digit does not count your hand counts only one. Much like blackjack, two
hands are played - a dealer and a player hand pitted
against each other. Depending on hand outcomes, the player hand will either
draw a third card or stand. The hand closest
to a total value of nine wins. If both hands are
the same, the game is deemed a tie. Please note that both hands are allowed a maximum of one
card draw. Tabulating the hand value is straightforward
and only takes simple mathematics of addition. For instance, a hand of 6 and 10 will have
a total value of 6. 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. The following guidelines determine
what action the Bank Hand will take: On a side note, if the player hand
does not draw a card, the banker hand will always
draw if its value is lower than the player hand or
if its own two-card value is 0, 1, or 2. 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 6
Banker Hand must Draw if player's draw card is a 6 or 7
Banker Hand must Stand if player's draw card is a 0,1,
2, 3, 4, 5, 8 or 9. If the players cards total 15, 10 is subtracted and the value of the hand becomes 5. Although the payoff for winning a draw bet is much more appealing, the chances of actually getting it are pretty low. The other must do so also. With a total of 6 or less, his selection depends on the value of his two card total and the value of the card that the player drew. Baccarat rules state that winning banker bets are subject to a 5% house commission. There aren't many rules, and the baccarat rules that do exist are fairly simple, they just differ from other games you may have played at the casino, so may take a little getting used
to. This means the game is quite simple especially as there are only three possible bets that can be made. Three dealers run the game and one of these is the caller who runs the game and stands between positions 1 and 15. 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. If the hand is greater than 10 then 10 is subtracted from the total, this means that the value of the hand is always 0-9. 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. If the dealer has 0 then he must draw. If the dealer has 7 then he must stand.
Tips
- Bet on the Banker Hand most of the time. The banker hand does carry with it a 5% vig, or commission, bringing the House Edge up to 2%. When the wager is counter-weighed by the player hand, the edge lowers to more near the 1% mark.
- A slight difference of only one hundredth of a percent shows, which is apparent when looking at the House Edge. For the player and tie hands in an eight deck game, the edge is slightly better in the eight deck games. Although this difference is so negligible that most players do not advise picking one version of baccarat over the other, it is advisable to take all the advantage one can possibly take.
- 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. At the least, set yourself limits on losses and stake amounts.
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