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Using Baccarat Strategies & Probabilities

Conventional wisdom holds that winning in Baccarat entirely depends on chance. This is true only to an extent, because if you consider the probabilities and the numbers, there are plenty of things that can be done to fortify your position against the dealer.

When it comes to Baccarat probabilities and odds, the most important thing that you need to be aware of is that the house edge for a banker wager is 1.17% and for the player 1.35%. While the casino takes a 5% cut when you win with the banker, it still makes sense to bet on it. In fact, if you are serious about making money, then bet on banker all the time.

Betting on a tie, however, is very poor Baccarat strategy. The payout given is 8:1, maybe more, but the odds of it occurring are extremely remote. By the time you win a bet on a tie, the number of hands that you would have lost would exceed whatever amount you win.

A note on charts; often you'll see players keep tabs of their winning hands. Don't waste your time, because there's no pattern to detect. Every good Baccarat player knows that every new hand dealt has nothing to do with the previous ones. It is no different from the throwing of the dice in craps, or the spinning of the ball in Roulette; past events do not influence the current one.

Just like in Blackjack, the number of decks used can affect the odds of winning. Generally, the fewer the decks, the better for you. For example, Baccarat played with a single deck of cards has a probability of 45.96% for the bank, 44.68% for the player and 9.36% for a tie. An eight deck on the other hand has odds of 45.86%, 44.62% and 9.52%, respectively.

For this reason, it is always a good Baccarat strategy to check out the number of decks used in a game. While your options may be limited in a live gambling establishment, the Internet gives you more room and flexibility; look for a site that uses fewer decks.

What about the different Baccarat variants? The odds of winning other games like Punto Banco and Chermin de Fer are virtually identical to the American version. The important thing to remember is to just relax and enjoy. It's a game that the rich indulge in for fun, and there's no reason why you shouldn't too.