The Basics of Baccarat
Baccarat, a game that pays out as much as an 8-to-1 bet on a straight flush, has long cultivated an aura of opulence and exclusivity. As the table game that generates more revenue for casinos than any other, baccarat attracts high-limit players willing to put down wagers as high as $100,000 per hand. But the game’s seemingly complicated rules and mystical allure can make it daunting to the novice player.
A game of bluffs and odds, the basics of baccarat are easy enough for anyone to understand. The game is played between the dealer and a player or banker. The dealer deals two cards to each box, face up and visible to the whole table, and whoever has a hand total closest to 9 wins. Players can choose to bet on the player hand, the banker hand or a tie. Players can also bet on both, and the game offers a range of side bets.
The game has a low house edge, at around 1%, making it more competitive than blackjack, full pay video poker and craps. This makes it easier to run up large winnings, although it can be a challenge to manage your bankroll. To limit your losses, it’s important to monitor your bet size and to practice good stake management. Using 10 units for each wager and limiting your play to 200 units per session (followed by a break) can help keep you on track.
After all the bets have been placed, the dealer will deal a card to the Player box and a card to the Banker box. If the hand score is 0 to 5, or equals 10, a third card is drawn. Otherwise, the hand is a ‘stand’ and no third card is drawn. If either the Player or Banker hand totals 8 or 9, it is a ‘natural’ and the game is over. The Banker’s hand is then evaluated and placed bets paid out.
If neither the Player or Banker hands have a natural, further cards will be dealt until one of the hands is a natural. If neither the Player or Banker hands have an 8, 9 or a natural, the game is a tie. The player’s hand has the most chances of being a natural because the value of the first three cards is calculated differently than in the other two games.
Despite its apparent simplicity, baccarat has a rich history of strategic thinking and expert players. Many baccarat players have developed systems that they can only articulate after the fact, when they review their scorecards in hushed quorums and scour them for a pattern. One such player, who wished to remain anonymous, has a definite strategy that works and that, maddeningly, he refuses to share in detail.