Thanks to James Bond, it seems that you have to be rich to play baccarat. In the old days in Monte Carlo maybe but nowadays anyone can join in. And at an online casino you can also just play with small stakes.
Here are the eight best ways to play the game, seven of them are positive and one is a warning to avoid something. Let’s start with something you should never do.
Never bet on “TIE”, draw.
There are 3 different betting options in Baccarat. These 3 options are Bank wins (BANKER), Player wins (PLAYER) or it ends up tied (TIE). All three of these bets have their own house edge. That is the advantage the casino has over the player. BANKER is the best bet with a house edge of 1.06%. PLAYER has a house edge of 1.24%. The bet TIE has a whopping 14.4% house edge. A bet that is impossible to win in the long run. So never play this one.
BANKER is the best bet.
Especially if you are new and don’t really have a strategy yet then it is by far the best to bet on BANKER. This bet wins in just over 50% of the cases. To compensate for that you only get 95% of your bet if you win. So if you bet 20 euros on Banker and it wins, you get your bet plus 19 euros back. A profit of 98% in other words.
Keep betting BANKER until you lose
A good strategy is to go for winning streaks. When betting on BANKER you have the best chance of doing so. So if you win with your bet, leave it for the next round. Try to hitch a ride on a winning streak. Of course you won’t always succeed, but you don’t have to.
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The moment you lose on a BANKER bet, wait 1 round
The moment you lose a BANKER bet you wait one round of betting. You see which possibility falls and play it the next round, no matter what. Remember that if the tie is the decision, neither the banker nor the player loses.
The bet TIE doesn’t matter
In this recommended style of play, all TIE bets do not count. If the sequence is Banker, Banker, Draw, you treat the draw as if it had not occurred. So you just keep betting on Banker.
If you switch to PLAYER keep playing this until it loses
If a loss on BANKER caused you to switch to PLAYER after a break of one hand, then you continue to bet until it loses. Then you don’t take a break but immediately switch back to BANKER. If the BANKER loses, you pause again for one hand before continuing. After all, we are looking for a winning streak from the BANKER.
Money Management is very important in baccarat
Baccarat is really a fifty/fity game. That makes it a tight and exciting game. Still, even with these odds, you can quite often have to deal with long sequences of the same outcome. And for that, the betting option BANKER has the best papers.
But never play above your budget. Set a limit in advance with which you want to play. Make sure your bets are such that you can handle 25 losing games. That means if you want to play with 5 euro stakes you should have a budget of 125 euros. If you lose, take a break. AFTER a short break you’ll be ready to try again. You’ll see that this way pays off regularly.
If you have won a considerable amount, stop playing for a while. If you still want to continue playing, reserve half of your winnings to continue playing. In case you lose it, no harm will come to you.