Title: The Worst Baccarat Advice
Baccarat remains one of the most popular casino games in the world because it’s fast-paced and generally has a relatively low house edge for a game of chance. Like most chance-based casino games, it attracts a great deal of bad advice because the mathematics isn’t always obvious. With that in mind, here is some of the worst baccarat advice you’re likely to come across.
Bet on Tie
When playing baccarat, you have three standard betting options: player, banker and tie. A tie between the banker and player is always the least likely outcome. In a game played with an eight-deck shoe, a tie only has approximately a 9.5 percent chance of being the result of any hand. A tie does pay out 8 to 1, which is why some misguided sources recommend it as a means of winning baccarat in the long-term, but betting banker or player pays more in the end due to frequency at which those conditions occur.
Bet on Player
Bettors owe the house a commission whenever they bet against their own hands. Some sources advise against doing so because betting against themselves seems fundamentally wrong or they mistakenly evaluate how the house cut affects the odds. Nevertheless, the banker hand will win around 1.3 percent more often, and that difference, which may seem small, is actually enough to overcome the affect that the standard 5-percent commission has on the odds.
Commission is 5 Percent Flat
Five percent is the de facto standard because it became the accepted amount in major casinos around the world, but it isn’t a rule. Some online and even land casino increase the commission in an effort to even out the player and banker bets or simply skew the edge even more in their favor. There are instances of lower commission rates as well, and that lowers the house edge even more than the typical 1.6 percent.
Deck Count Doesn’t Matter
Most baccarat games will employ either an eight- or six-deck shoe, and single-deck shoes are not unheard of. The probability difference between six and eight decks is seemingly small: .000056. That leads some to suggest that the difference is irrelevant, but that isn’t true. When playing baccarat over many hands, that small change adds up to a significant value. Therefore, the smaller the number of decks in the shoe, the better your chances of winning baccarat consistently.
Use a System
Since baccarat is a game of chance, all baccarat systems are inherently based on the gambler’s fallacy. Any notion of identifying and reacting to patterns is a bad one because it simply can’t be done at a reliable enough level to enhance your baccarat winnings. The only system you need is to find a baccarat game with a favourable house edge and stick to the wager amounts you decide on in advance.
Playing Baccarat to Win
Baccarat is a simple game in that you can easily reduce every aspect of it to a basic probability. Play for fun and makes choice based on the math rather than an attempt to beat the system.