Baccarat Betting - Know the Rules and Choose the Right Bet
In baccarat betting, there are three kinds of bets - banker, player and tie. There is a specific spot on the table for each betting type. Also, each bet option has a different payout. These are explained below.
A favorite bet in baccarat is on the banker. This bet has 1 to 1 payout and has favorable rules on the third card. It also has the smallest house advantage among the three play types. That is why a 5% commission is deducted from the pay off. For a player who plays a banker bet, he needs to set aside money from which to pay the commission upon leaving the game table.
Baccarat betting on a player is the reverse of the first one above. In this case, payout is still 1 to 1 but third card rules are not as favorable as a bet on a banker. House advantage is somewhat higher here in comparison with a banker bet.
With a bet on a tie, it means it is expected that both hands (banker and player) end with the same value. However, chances that the result will be a tie are much lower so house advantage on this kind of bet is higher than 15%. This advantage is relatively bigger compared to bet on a banker and bet on a player. Payout is 8 to 1.
In baccarat, there is a round betting portion on a table. The section nearest to the player is the player wagering portion while the area farthest away is the banker playing section. The area at the center is the tie betting section. The commission boxes and chips are placed near the dealer. To start in baccarat betting, a player needs to place his bet in any of the three sections.
The mini baccarat table is the most widely used form in casinos. A big table looks like 2 mini tables put together to form a figure eight. In Europe, the chips are rectangular and have high denomination. In the US, the game is often played with lots of $100 bills. After all, this card game is one of the favorite games of big casino players.