Saturday, January 12, 2013

Baccarat House Edge

Winning Baccarat Strategy

Beat the casino using our professional Baccarat Strategy.
Baccarat is one of the simplest casino card games and whilst having a reputation for being a glamorous game for rich gamblers, has now become accessible to everyone through online casinos.  As well as being simple, it is also a game which offers a low house edge - only 1.06% on the best bet.  The low house edge makes it easy to beat the casino using a professional winning Baccarat strategy.

Baccarat Rules

 Play begins with two hands of two cards being dealt on the table: the banker's and the player's.  The player must then bet on which hand they think has a value closest to 9 or can also choose to bet on the hands being a tie.  Face cards and 10s have a value of 0; aces are worth 1 and all other cards are worth their face value. If the value of the two cards totals 10 or over, then the first digit of the total is discarded. For example, if a 8 and a 6 are showing, the 1 is eliminated and the value becomes 4, not 14.  In some situations a third card may be dealt. There is a series of conditions for when the player and/or the banker may or may not stand or hit. These are compulsory rules which the betters do not have an influence on using any Baccarat Strategy.
Once the bets have been made, the dealer will turn over the cards and if your hand is closest to nine you will have beat the casino. A winning bet on the player having the better hand pays out two times your original bet,  a winning bet on the banker pays out two times your original bet minus a 5% commission and a winning bet on a tie will generally pay 8 to 1 or 9 to 1 odds.  If you bet on either the dealer or player and the result is a tie, your bet will be returned to you and you.
Once the outcome has been decided and the winnings distributed, a new phase of play will begin and the player will try again to beat the casino using their Baccarat Strategy.

Winning Baccarat Strategy

The house edge when playing Baccarat is detailed in the following table:

Baccarat Odds
Bet Probability of Winning House Edge
Bank
45.84%
1.06%
Player
44.61%
1.23%
8:1 Tie
9.54%
14.12%
9:1 Tie
9.54%
4.57%

Regardless of whether the tie pays 8:1 or 9:1, it should always be avoided and if you are looking to easily beat the casino with little risk when playing Baccarat, our recommendation is to always bet on the banker and use the 1-3-2-6 winning Baccarat strategy.  This is a system of how much money to wager on each hand and works as follows:
On the first hand bet 1 unit.  If you win bet 3 units on the next hand.  If you win the second hand, bet 2 units on the third hand and if you win this, bet 6 units on the fourth hand.  If the fourth bet wins you have beat the casino and will collect 12 units of which 10 are profit.  If you lose at any point begin the system again with 1 unit.
The great feature of this winning Baccarat strategy is that for a potential profit of 10 units, you are at no time risking more than 2 units.  If you lose the first bet, you lose 1 unit.  If you win the first bet but lose the second, you've lost 2 units.  If you win the first two hands but lose the third, you've actually made a profit of 2 units.  If you win the first three hands but lose the fourth, you won't have beat the casino but will at least break even.
This winning Baccarat Strategy offers a great opportunity for large short term returns, especially as you can play this system using the bonus funds given to you by the online casinos and literally "earn" this money.  The casino still retains a very small edge over the long term so once you have beat the casino you should cash out your winnings as soon as possible and move onto the next casino.    

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