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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. Mini
Baccarat has the same rules as Baccarat but has lower stakes and is
played on a standard Blackjack shaped table.
How to Play Baccarat
There are three bets available: The
Player’s hand, the Banker’s hand, or a Tie. In
the classic game of Baccarat the deal rotates among the players. In Mini Baccarat a casino
dealer handles the deal. 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. If the Player did
draw a third card, the Banker follows the rules at right. There are many debates pertaining to the history of baccarat, particularly where the game was invented: France or Italy. It's been suggested that the game was first played with a deck of Tarot cards in the middle ages. The difference is one of the players banks the game instead of the casino. The basis of this game is very similar, but the rules and payoffs are much less
dramatic. The infamous Dunes casino introduced baccarat in the late 50's. It is played by the exact same rules, but lacks the accoutrements of the formal version. 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. 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
The most important thing you need to know is whether
you are betting on the Player, on the Bank or on Tie. Baccarat is a game of chance, all you have to decide is which
hand you think will win. 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. Before the cards are dealt each baccarat
player has to make his bet. In Baccarat you always have to keep in mind
that the fist digit in a two-digit number does not count. This
is not only the case with single card values but with the result of
two cards combined. 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. Essentially, only three bets can potentially be made - A
bet for the player's hand to win, the banker's hand to
win, or a tie. If both hands are
the same, the game is deemed a tie. The other is how drawing a third card is determined. 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. All
cards numbered 2 through 9 are worth their numeric
value. All other cards (tens and picture cards) are
worth zero points. First off, know that right from
the beginning a hand of 8 or 9 automatically wins. If such is not the
case, the Player Hand makes the first move. Banker shows a 7, 8 or 9 (8
and 9 win)
Banker Hand must Stand. 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. 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 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 6 or less, his selection depends on the value of his two card total and the value of the card that the player drew. 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. It may still be a good idea to try it online first, and within minutes you'll feel comfortable enough to play anywhere. Baccarat has a reputation for being a high rollers game and the tables are normally separate from the rest of the casino in there own section called the pit. 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. All picture cards count as 10 and aces count as 1. 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 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 8 then he must stand. Once all the hands are dealt it is closest to 9 that wins.
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%. 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. 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.
- Usually this commission is 5%, which returns a House Edge of approximately 15%. Any informed player would see that this bet is one of the best in the casino.
- As for other bankroll management strategies, a good one is posted on this website. At the least, set yourself limits on losses and stake amounts.
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