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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 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. There are many debates pertaining to the history of baccarat, particularly where the game was invented: France or Italy. 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'. 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. 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. It is played by the exact same rules, but lacks the accoutrements of the formal version. 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
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. Baccarat is played with eight decks of cards without Jokers. At the beginning of the new game the shoe or the bank is given to the
player on the right of the dealer. Before the cards are dealt each baccarat
player has to make his bet. 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. When there is a Tie and you did not bet on it
nobody looses or wins. Unlike in Black
Jack it is impossible to overdraw in Baccarat. Unlike blackjack, but
rather, like craps, multiple players around the table
can bet on which hand will win. 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. The hand closest
to a total value of nine wins. If both hands are
the same, the game is deemed a tie. a baccarat hand will never exceed
three cards total. For instance, a hand of 6 and 10 will have
a total value of 6. If such is not the
case, the Player Hand makes the first move. 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. After the dealer has finished drawing,
the hands are added up and a winner is declared. 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 game is played modulo 10, that is if the total of the hand is greater than 10, then 10 is subtracted from the total. 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. Although the payoff for winning a draw bet is much more appealing, the chances of actually getting it are pretty low. (In online baccarat cards are always face up) A 9 value wins over any lesser total, and if neither player has a 9 then 8 wins over any lesser total. 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. 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. Dealers normally wear tuxedos and the surrounding are is quite lavish. 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. 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. 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 the dealer has 4 then he must draw if your card is a 2-3-4-5-6-7. If the dealer has 8 then he must stand.
Tips
- Since the house edge is relatively similar for both bets, it is presumptuous to entirely negate the player hand wager. As for the tie wager, it should be out of the question since it gives a casino advantage of nearly 15%.
- Play Baccarat Games with the fewest decks. 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.
- 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 %.
- Unless you have a very hearty bankroll, and do not mind losing every bit of it, play with a money management system that does not try to chase after losses. If you want to take your chances, then by all means use a system - just know when to quit.
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