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Baccarat History
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. 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 Player pays even money. A bet on a Tie pays 8 to 1. All
Tens and face cards have a value of 0. 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. 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. Eventually,
baccarat evolved into European baccarat and the French game 'chemin de fer'. Chemin de fer is very similar to
baccarat as it's played in American casinos today. The result of the die decided her fate. The infamous Dunes casino introduced baccarat in the late 50's. Baccarat has a history overseas too, which is evidenced by its popularity among the Asian population who visit Las Vegas each year. In casinos based in the Portuguese territory of Macao, near Hong Kong, the popularity of baccarat is unrivaled. A number of casinos have installed a smaller version of the baccarat game played on standard blackjack-sized gaming tables.
Baccarat Rules
Betting on Tie is not really recommended because it decreases your winning
chances. Each player is given the bank in
turn and can hold the bank as long as the bank wins. When nobody has a natural additional
cards are drawn to determine the baccarat winner. If the hand you bet on
wins you get a one to one payoff. In Baccarat you always have to keep in mind
that the fist digit in a two-digit number does not count. 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. Unlike blackjack, but
rather, like craps, multiple players around the table
can bet on which hand will win. After all is said
and done, the hand with a point total closes to nine
wins. The hand closest
to a total value of nine wins. If both hands are
the same, the game is deemed a tie. One factor is how hand values are tabulated. a baccarat hand will never exceed
three cards total. If
both hands have an 8 or 9, the game is deemed a tie, in
which all Tie Bets win. If one hand is an 8 and the
other is a 9, the 9 wins. Once the player hand is finished and
standing, the bank hand will determine whether it must
draw a third card. 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. After the dealer has finished drawing,
the hands are added up and a winner is declared. The player's objective is to get a hand that is closer to 9 in value than the banker's. The game is played modulo 10, that is if the total of the hand is greater than 10, then 10 is subtracted from the total. (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. If the player or banker has a two card total of 8 or 9, he/she turns the cards over immediately. The other must do so also. 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. Dealers normally wear tuxedos and the surrounding are is quite lavish. 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. 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 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 7 then he must stand.
Tips
- The banker hand does carry with it a 5% vig, or commission, bringing the House Edge up to 2%. Going back the card-counting issue, if a player does indeed insist on counting cards, they should pay attention to 6's and 4's. As for the tie wager, it should be out of the question since it gives a casino advantage of nearly 15%.
- 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. A slight difference of only one hundredth of a percent shows, which is apparent when looking at the House Edge.
- On the banker bet, the casino charges a vig, or commission to counter the players advantage. sometimes casinos will only impose a 4% commission, which brings the House Edge on the banker bet down to only approximately %.
- Manage your money wisely, without a "system". As for other bankroll management strategies, a good one is posted on this website.
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