Tips On Winning In Baccarat
Baccarat is certainly a mainstay in most casinos out there, and it is an especially popular game to play in most online casinos in Malaysia. Indeed, baccarat is a fairly accessible game for players throughout the world — a far cry from its rather opulent roots as the game of choice for European nobles back in the day.
That’s right. You don’t have to be particularly wealthy to play this game of cards, nor do you need to wear a spiffy tuxedo or an elegant evening gown when you play baccarat. The game of baccarat has come out of the world of the ritz and it has finally settled into your regular old casino.
As a game of chance, it’s obvious that you would mostly only have a 50/50 odds of winning by betting either on the Player or Banker — that is, if you’re playing the most standard baccarat of course. But as with any other casino table games in the biz, there are certain dos and don’ts when it comes to baccarat.
Also, it goes without saying that baccarat isn’t exactly that clear cut when it comes to the best betting strategies. You’ll have to think plenty in order to maximize your chances of gaining a profit while playing this game.
But aside from basic baccarat betting strategies, here are a few tips to keep in mind the next time you play baccarat.
1. Never Bet On Tie
In total, baccarat has three betting options to choose from — Player, Banker, or Tie, for which two of the three have very low house edges.
The Banker comes with an edge for the house at 1.06%, whereas the Player comes in with a house edge of 1.24%. In layman’s, you can expect to lose about 1.06 bet units for every 100 units wagered on the Banker. Conversely, you can also expect to lose 1.24 units for every 100 units wagered on the Player.
Those sound like great odds, yeah?
But for the Tie bet, the house edge comes at approximately 14.4%, which means you will lose 14.4 units for every 100 units wagered! From the look of things, this bet is a waste and should definitely be avoided.
The best option when playing baccarat is to just stick to either Banker or Player bets.
2. The Banker Is Clearly The Best Bet Option
Remember when we mentioned house edge above? The Banker is the clear winner in this case as this option is the one in which you have a lower percentage of losing. Furthermore, the Banker will also have a slightly better than average (more than 50%) chance of winning each time.
At the same time, however, there will be a 5% commission levied on players in order to balance out the odds. But if you don’t mind paying the commission, you may as well go with the higher odds of winning here.
3. Keep Betting On The Banker Until It Loses
While the Banker has better odds in baccarat, it’s definitely not a full-proof bet. You will want to capitalize on streaks so the betting option which offers the (slightly) better chance of this occurring definitely lies with the Banker. If your initial bet wins, keep going for the Banker bet until it inevitably loses.
Do keep in mind though, that each round has fairly independent odds, which means your luck (good or bad) won’t necessarily stack — as opposed to some popular albeit erroneous belief out there.
In short, don’t bet too aggressively when you put your chips on the Banker.
4. Skip A Round After The Banker Loses
So it finally happened.
The Player gets a win and you lose the bet. But don’t jump in immediately with another bet. Instead, take a step back and wait for the next decision.
Whichever bet that wins the next decision is the option that you’ll want to place a wager on. Of course, if it’s a Tie, you’re free to skip the round (or carry on) as neither the Banker nor the Player has lost.
5. Ignore The Tie
As mentioned, the Tie option is a terrible play. Thus, it is recommended that you ignore all Tie decisions — they simply don’t count and are merely a pause in the action.
For instance, if the sequence goes Banker, Banker, Banker, Tie, you ignore the Tie as if it didn’t occur. Therefore, you would continue to bet on Banker as stated in our tip number 3.
6. You Don’t Have To Skip A Decision When The Player Loses
If you do bet on the Player and it loses, don’t wait out the next decision. Instead, you should immediately go in and bet on the Banker.
Now, should the Banker lose, follow tip number 4 instead. We’re looking for Banker streaks and not Player streaks here.
7. Manage Your Funds Wisely
Common sense, we know. But it shouldn’t be that surprising considering the number of players out there who aren’t aware of how to manage their betting capital smartly.
And in a betting game akin to coin flips like baccarat, money management is all the more important. For instance, if you’re betting 10 units per decision, maybe cap your spending at 200 units. Once you lose that session’s bankroll, leave the table and take a break.
Get up and get out immediately and don’t look back. Take a walk or people watch. You could even take a quick nap to give yourself some time to process and rest before you start playing again. This is important to keep your mental state in tip-top condition for the next baccarat playing session.
Inversely, if you’ve won a decent amount already — say, maybe 200 units (which is the max bankroll in our previous example), then maybe it would be wise to take your winnings and leave.
But if you do intend to continue, make it a point to split your win in half (100 units in our hypothetical scenario) and only use that amount to continue playing. If you lose it, take your remaining winning funds and go on a break so that you’ll at least come out on top over the house.