If you want to learn how to play Baccarat, you are going to have to understand how the odds and the probability in the game work. In this Baccarat odds guide, we are going to explore the odds related to each type of bet in the game, as well as compare it to other popular casino games like roulette and blackjack.
How do Baccarat Odds Work?
In baccarat, there are three betting options - the Banker’s hand, the Player’s hand, and a tie. Let’s look at the odds of betting on each.
Odds of Banker vs Player Win
In Baccarat, the two most popular bets to place will be on the banker’s hand winning or the player’s hand winning. The odds of the Banker’s hand winning are around 45.8%, with the odds of the Player’s hand winning sitting at around 44.6%. The house edge on the Banker’s hand is around 1.06%, and is around 1.24% on the player.
Odds of Tie
The payout for a tie is 8/1, and it is likely to happen around 9.6% of the time. This difference gives a house edge of 14.36%, which is exceptionally high. As such, a bet on a tie is always seen as extremely risky in baccarat.
Influence of the House Edge in Baccarat
The house edge in Baccarat is extremely interesting. This is because players have the option of backing the house themselves. However, the casino balances this out by making players pay out 5% of all winning bets in the game. Regardless, backing the Banker’s hand in baccarat is generally the best way to play, as the house edge is lower than it is on the Player’s hand or the tie.
Baccarat Odds vs Other Games
Baccarat has some of the most favourable odds of any online casino game, which is one of the reasons for the game’s enduring popularity. The house edge in Baccarat can be as low as 1.06%. In comparison, blackjack is one of the only games with a better edge, at 0.5%, and this is only when the game is being played with Basic Blackjack Strategy. Roulette is much higher, with the edge sitting at around 5.26%.
Baccarat Table
Final Thoughts
Baccarat is one of the most popular casino games around and with good reason. The odds and house edge in Baccarat are much more favourable than in any other game. However, this does not mean you can ever guarantee you will win, and there is no way of reducing the house edge further. As such, please make sure you gamble responsibly when playing. If you have concerns about your online gambling activity, then we recommend checking out some of the responsible gambling resources we have provided here at Gambling Zone.
