The game of baccarat was once reserved for high rollers at live casinos, roped off in back rooms. However, with the introduction of online casino gambling and online baccarat more and more gambling enthusiasts are being introduced to this casino card game. Live casinos have recently added Mini Baccarat games, which can be played at lower limits on the main floor of the casino alongside other table games like blackjack, craps and roulette.
Baccarat is a game of luck that descended from the European games of Punto Banco and Chemin de Fer. The game’s name is derived from the Italian word “baccara”, which means zero, as zero is the point value of face cards in the game.
The rules of baccarat are easy to learn, as the player does not have to make any decisions. The dealer automatically deals cards based on the values of the hands being dealt, according to Baccarat rules.
Baccarat is a game of banker vs. player. Two hands are dealt and players can bet on whether the banker or the dealer will win. The objective is to achieve a 2-card or 3-card hand that comes closest to a total value of 9. Tens and face cards are worth zero points while other cards are worth their face value. Although hands are only dealt to the banker and the player, more than two people can join the game, placing bets on who will win. Bettors may also bet that the banker and player will tie. Bets are placed before the cards are dealt and the game begins.
Once all bets are in two cards are dealt for each hand-one hand to the banker and one hand to the player. Then the player’s hand is completed as follows:
- If the player’s hand is worth 8 or 9, which is called a “natural”, the player does not get any more cards. The player also stands on a total of 6 or 7.
- If the player’s hand is worth 1, 2, 3, 4, 5 or 6 then they draw a third card.
If the player’s hand is worth more than nine then the 1 is dropped from the beginning. For instance, if a player is dealt an 8 and a 9, for a total of 17, the hand counts as a 7-point hand. The player stands.
The banker’s rules are slightly more complicated:
- The banker stands on a hand worth 7, 8 or 9.
- The banker draws on a hand worth 0, 1 or 2.
- The banker hits on a hand worth 6 only when the player’s third card is a 6 or 7.
- The banker hits on a hand worth 5 only when the player’s third card is 4, 5, 6, or 7.
- The banker hits on 4, but stands if the player’s third card is 1, 8, 9 or 10.
- The banker hits on 3, but stands if the player’s third card is 8.
Once all of this takes place, the winner is determined. The winner is the one who comes closest to a hand worth 9 points.
Because the game is dealt automatically, baccarat strategy can be difficult to put your finger on. After all, players don’t have to concern themselves with odds or worry about making the right decisions, as everything is predetermined according to baccarat rules. For the bettor, the game of baccarat is one of luck and guessing.
Therefore, the primary strategy in baccarat is money management. Being able to manage your money properly can help ensure that you minimize your losses and hold on to your winnings when you play the game of baccarat. The key to money management is to never bet more money than you are willing to lose. Setting a stop loss limit for yourself can help you to avoid big losses. Before you start playing set an amount for yourself and if you lose this amount you know its time to stop playing for the day. You an also set a stop win limit for yourself and stop playing when you’ve won a specific amount of money in order to ensure that you hold on to your winnings and don’t just bet them all away.
Baccarat odds are some of the best odds you’ll find in a live casino. That’s the reason why it is reserved for very high limit players, so that the casino can still make money off of the game. The way the rules work give the banker a slightly higher edge, at 50.68%. For this reason you may decide to bet on the banker, rather than the player. The house edge is 1.36 when you bet on the player and 1.17 when you bet on the banker.