Jennica | December 24, 2023 | Updated on: February 15th, 2024
Many players may avoid playing baccarat, believing it is complicated and only for high rollers. However, it is potentially one of the easiest casino games. Understanding baccarat odds is also relatively easy, and with a basic understanding of these odds, you will be ready to start winning. Online baccarat also allows you to play at your own pace, which is beneficial to learning the game.
One of the main reasons that baccarat is so simple is because there are only three betting options. You will place your bet on the game’s outcome by choosing the result: either the player or banker to win or a tie result. Once you place your bet, the game will start. The player will play their hand first, followed by the banker. With this baccarat resource, we will focus on the odds of the game.
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Baccarat House Edge
The house edge is the advantage the casino site has over players. Baccarat offers a relatively low house edge compared to other casino games. In Baccarat, the banker bet has a house edge of 1.06%, and the player bet has a house edge of 1.24%. The only other game with a lower house edge than baccarat is blackjack which can be as low as 0.50%, depending on the variant you are playing. American roulette is much higher at 5.26%.
Baccarat Odds: Banker vs Player
Despite the baccarat odds, it is still a game of chance, which means anything can happen. The odds should be used as a guideline for placing bets. When playing baccarat, the banker’s hand will win 45.8%, followed by the player’s hand at 44.6%, and there will be a tie result of 9.6% of the time. The banker bets are preferred, despite the 5% commission they are subject to.
Baccarat Odds: Tie Result
As mentioned above, the odds of a tie result happening is only 9.6% of the time. However, it does come with a generous payout worth 8 to 1. One aspect to consider before placing the bet is to note the big difference of 14.36% in-house edge between the odds and the bet’s payout. This may not make it a good betting option to play regularly. Also, with a tie result, there is no winner or loser, it is a push result.
Baccarat Side Bets
When playing live baccarat online, some tables may offer a side bet. In some ways, this changes the game up from the original three betting options. However, on the downside, it also gives the casino another way to make extra money. These side bets are optional, and players are not obligated to place them. In a classic game of baccarat with eight decks of cards, these are the side bet options you are most likely to come across.
- Player Pair 11:1
- Banker Pair 11:1
- Perfect Pair 25:1
- Either Pair 5:1
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