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Baccarat History
The present form of Baccarat can be
traced back to Italy. 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.
How to Play Baccarat
Baccarat is a very simple game to play with no decisions
made after a bet is placed. 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. The Player’s hand is dealt to first, and only if the current value
is 5 or less. If the Player did
draw a third card, the Banker follows the rules at right. The difference is one of the players banks the game instead of the casino. The interesting bit to observe of course is that the casino is taking no risk here; they simply charge a fee from each
banker. The infamous Dunes casino introduced baccarat in the late 50's. There exists quite a diversity today, especially so since it has made its way onto the world wide web. Although a few rules have been changed here and there to accomodate the individual taste of a certain country, the style has remained the same. 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. Unlike the heavily ordered and systematic American casinos, these Portuguese tables often allow multiple players to bet on a single spot at the same time, while the expert dealers mentally keep track of each players commission on winning bank
bets.
Baccarat Rules
The most important thing you need to know is whether
you are betting on the Player, on the Bank or on Tie. Betting on Tie is not really recommended because it decreases your winning
chances. The baccarat game is now ready to
play. The hand closest to nine wins. 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. This
is not only the case with single card values but with the result of
two cards combined. Unlike in Black
Jack it is impossible to overdraw in Baccarat. Much like blackjack, two
hands are played - a dealer and a player hand pitted
against each other. After all is said
and done, the hand with a point total closes to nine
wins. 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. If both hands are
the same, the game is deemed a tie. 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 6 and 10 will have
a total value of 6. Player shows a 5, 4, 3, 2, 1
or 0
Player Hand must Draw. Banker shows a 7, 8 or 9 (8
and 9 win)
Banker Hand must Stand. 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. After the dealer has finished drawing,
the hands are added up and a winner is declared. Both the banker and the player are dealt two cards, and depending on the value of the hand, might be dealt a third in either case. The task for you as a player is to bet on the banker's hand, the player's hand, or a draw, which means that the two hands are tied. 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. The other must do so also. This is of course because there is more of a chance for a banker win. The advantage is slim, in the area
0,,8%, but in the world of gambling that's really not that small. This means the game is quite simple especially as there are only three possible bets that can be made. 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. The aim of the game is to get as close to 9 as possible and if you are nearer then you win. 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. If either you or the dealer has a 6 or 7 then you must stand if you stand on a 6 or 7 then the dealer must hit on a score of less than 5. If the dealer has 0 then he must draw. If the dealer has 7 then he must stand.
Tips
- 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%. The banker hand does carry with it a 5% vig, or commission, bringing the House Edge up to 2%. in the long run, a player should be making more bets on the banker than on the player.
- Play Baccarat Games with the fewest decks. Many online casinos will offer different versions of baccarat, such as a one deck version, and a 6 or 8 deck version with higher minimum betting amounts. Looking at the House Edge, it is lowered, albeit not substantially, for every deck taken out of the equation.
- On the banker bet, the casino charges a vig, or commission to counter the players advantage. Any informed player would see that this bet is one of the best in the casino.
- 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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