Baccarat is a card game where you can win money in less than a minute. It has a very fast flow and it’s extremely engaging. Your main goal in the game is to guess who’ll win: player or banker. This guide will tell you about baccarat odds of winning a prize and explain which bet is the bets and why.
What are baccarat odds of winning for different wager types?
There are three main bets in the game. They’re Banker (B), Player (P) and Tie (T). Each one has its own benefits and drawbacks. The statistics says that casino baccarat odds of winning for each wager type is the following:
- Banker – 45.8%;
- Player – 44.6%;
- Tie – 9.6%.
At the same time, house edge for the mentioned bet is:
- Banker – 1.06%;
- Player – 1.24%;
- Tie – 14.36%.
To win the round you should guess correctly its outcome. The result of each game is determined by the best card combination. The closer to 9 it is, the better chances Banker/Player has to win. Both parties get minimum 2 cards. They may draw one more card, in case the rules allow it. If B/P has 8 or 9 points with 2 cards in the hand and the other side has less points, than it’s natural win.
The hand value depends on the cards it consists of. Pictures has no value, Ace is 1 point and numbers contribute to the total score according to their denomination. If the final number is 10 or more, the first digit isn’t counted.
Baccarat odds: Banker vs Player
Bets on banker and player seem to be equally good. So, which one to choose? Here’s what you should know about Banker bet:
- It pays even money.
- This wager type has the highest winning probability in the game.
- It features the lowest house edge in Baccarat.
- There’s a 5% commission on wins.
As for Player bet, it offers players:
- Even money for wins.
- Only 1.2% lower baccarat odds of winning then Banker bet.
- There’s no commission.
- The house edge is only 0.18% higher than for Banker bet.
As you can see, it’s really which wager type offers the best baccarat casino odds of winning. Though, many gamblers are sure that it’s still better to bet on B than on P. If we say it short, Banker bet is a bit more likely to win, but it pays 5 cents less money per dollar than Player bet.
As for Tie, this wager type pays 8 to1, but it has a very high house edge. This outcome of the round is very rare. If you hit a win with tie, it’s a good luck, but this bet is worthless for any reliable strategy. Don’t use this bet too much.