Baccarat Odds
Baccarat Odds should be known by any player who intends to play baccarat as well as baccarat house edge. So what are baccarat odds and what is house edge? Because one should know where the shoe pinches.
Baccarat odds differ greatly because of a number of decks in a shoe. If a shoe contains eight packs then the following baccarat odds and house edge occur if a player's bet wins:
| Bet | Odds | House Edge |
|---|---|---|
| banker | 0.95 | 1.01% |
| player | 1 | 1.29% |
| tie | 8 | 15.75% |
In fact the probability of winning due to a banker bet is the highest, that is almost 46%, when a player lays a bet on 'player' he or she has the probability of 45% to win, and if it a tie that a bet has been put on, then a player will win 9% coups according to baccarat odds.
Baccarat odds for tie bets can differ according to either 8 to 1 or 9 to 1 pays. If the latter tie bet payout takes place for a casino where you play with eight-deck shoe it means that baccarat house edge equals 4.84%. This figure isn't that big as for 8 to 1 payout suggesting that baccarat odds will be greater for 8 to 1 than for 9 to 1 tie bets.
Baccarat rules set that the following commissions of 5% or 4% should be paid by any player who put bets on 'banker' after one shoe's dealing or when a player has made a decision to play no more. Therefore, house edge will become 1% less when a commission is only 4%. As a rule baccarat online has 5% commission, and a player shouldn't calculate it himself or herself, as it'll be made automatically. Bear in mind that it's only a 'banker' bet that has a commission.
If you've picked some pointers about baccarat odds that you can put into action, then by all means, do so. You won't really be able to gain any benefits from your new knowledge if you don't use it.