Baccarat is one popular table game that the users of Casino can find in its offerings. It is generally considered a welcome respite from the “strenuous and taxing” games of Blackjack and Poker.
The Rules of Baccarat
Baccarat is a very simple game. In a sense, it is almost like Black jack. In this game, the objective once again is to bet the dealer’s hand. However, Black Jack only involves two persons: the banker and the player. Just like Black Jack, the goal is to reach a certain number in order to win. In baccarat, you aim to reach 9.
The counting system is also different in Baccarat. Each number card is counted the same as its value. Picture or face cards, on the other hand, are counted as ten. Aces carry only one value, and that is one. It does not carry an eleven value just like in Black Jack.
Baccarat does not have 2-digit values unlike in Black Jack. Tens digits do not count; if you hold a hand that totals 28, you ignore the value of 20. Instead, you are holding an eight.
Advantages of Playing Baccarat
There are many advantages in playing Baccarat. One of these is that you are in absolute control of your situation. It’s only you and the banker, so it is easier to make decisions unlike in poker or even in blackjack. You also have two options; hence, the risk is not that great.
Speaking of risk, baccarat also has a low house edge. House edge means the percentage of the total amount of money you bet that you are going to lose. For example, if a game has 2% house edge, it means you will lose only 2 pounds out of 100 pounds that you bet in the game.
Betting in Baccarat
What makes baccarat unique is its use of a two-fold betting system. In baccarat, you can make one of two wagers: on your hand, or on the banker’s hand. This means that, if you are confident with your own hand, you can place your money there. However, if you think your hand is not good enough or is far from nine, then you can choose to bet on the banker’s hand. There’s just the two of you in this game, after all, and you don’t have any opponents. Another bet that you could make in baccarat is a tie. You are wagering that your two hands will be a tie.
What happens when the banker wins and you’ve bet on him? You win and take back your money, of course. However, it is already deducted by 5% of the total winnings. That is commission charged by the casino, since casinos naturally favor the banker when it comes to the rules.
Betting Systems in Baccarat
These are not betting systems or rules within the game, but instead these betting systems are routines that most players use in order to maximize their profits and minimize their losses.
The simplest one to use is the Fibonacci series of numbers. This series simply means that the third number is a sum of the first two numbers. In applying this to baccarat, you start with the minimum bet. If the minimum bet is 10 pounds then we shall pick up with that. You start with 10 pounds. If you win in the second round, you bet another 10 pounds. If you win again, this time you move it up to 20 pounds. If you win yet again, you bet 30 pounds. This goes on and on.
The Fibonacci system is very simple and, as you could see, you are minimizing your losses because you have gotten back your investment before betting a higher amount. The further you get into the series, the higher your winnings would be in the end.