Baccarat is widely regarded as the casino game of choice for high-rollers; it was even the preferred game of James Bond Britain’s finest secret agent.
It is not hard to see why the game would suit 007, baccarat is an incredibly dramatic casino game that sees players place blind bets on who they think will have the higher hand out of the Banker and the player.
Baccarat is a game of chance and you will need to be able to hold your nerve in the casino to stand any chance of walking away with a decent payout but there are other hacks that could increase your chances of dominating the table.
Here we share a number of tried and tested strategies that can be used to tilt the house edge slightly in your favour.
Avoid Betting on Tie
Even if you’re offered a juicy 8:1 payout, just avoid the Tie bet at all costs. Virtually all bets taken on the tie go up in smoke. The house edges are very low in two of every three bets. The house edge for the banker is approximately 1.06% while for the player it is about 1.24%. With these odds, the expectation is a loss of about 1.06 units for every 100 units that are wagered on the Banker and 1.24 units for 100 units that are wagered on a player. When it comes to the tie bet, the house edge is… wait for it, a massive 14%. This means that if you place this bet you are likely to lose a massive 14 units for every 100 units that you wager. This simple breakdown shows just how unfeasible the tie bet is in the grand scheme of things.
Go for the Banker
In the same way that you should not fall prey to 8:1 payout incentive for bets on the tie, you should also not be afraid of the 5% commission that is often placed on banker bets. When you delve deeper you will find that banker bets actually have a low house edge compared to player bets. This makes banker bets statistically more likely to have positive outcomes.
Ride the Banker Wave
As mentioned earlier, the banker bet is likely to be more viable than a player bet and this logically means that you should capitalize on it to fullest. Even if you do not hit a streak with banker bets, keep betting because the chance of a positive outcome is significantly higher.
It is important to note, though, that if you hit a streak, there is no guarantee that the good outcomes will continue to recur. This means that you should not be too ambitious with betting amounts. The house edge still applies and there is no way of betting your way out of it.
Take Time With Banker Losses
If you lose on a banker bet after a good streak, do not jump straight into another bet. Try as much as possible to await the next decision. You should then make your next bet based on the decision. It is important to note that if the decision is on the tie, it means that neither the player nor the banker loses. (I guess that’s why it’s logically called a tie right!?)
Manage your Money
Playing baccarat is basically like betting on a coin toss which means that you can are likely to experience both good and bad streaks. If for instance, you are betting 10 units for every decision, I recommend that you use 200 units as your session bankroll and if you experience a loss take a long break. Run some errands, do some chores, nap or go for a walk before playing again.
If you have won a good amount after reaching the 200 unit session bankroll but you still want to go on playing here is what I recommend. Split the winnings down the middle and only use half of the cash to continue playing.
These simple money management tips will help you enjoy the game without experiencing intense financial strain. Remember this Baccarat is supposed to be a fun experience.
Parlay Your Winnings
If you manage to make significant winnings, you can occasionally attempt parlays. This can increase your odds to 3:1 which is a reasonable 49/51 proposition to win. Ultimately, in such cases, the possible returns are higher than the risk. This system is often referred to as the reverse martingale method.
Steer Clear of Mini Baccarat
The conventional variant of baccarat is more laid back with about 40 decisions per hour, which is a reasonable frequency. When it comes to mini-baccarat, the game is significantly faster with about 150 to 200 decisions per hour. This is too fast! The minimum bets may be lower than the traditional version but even house edges of between 1.06 and 1.24 can go against you in the long run.
If you have to play mini-baccarat try and stick to a banker betting system. Stick to banker bets until you lose then wait for the player to lose and go right back to banker bets. Theoretically, this will cut in half all the decisions that you face thus lowering your losing expectation.
Put Away The Pen and Pad
This may not happen as much with online baccarat but many people still write down every result. Unless you have magically found the formula of winning, this is a counterproductive habit. Writing down results will likely lead to more frustration especially if you lose. Just have fun and enjoy what the game has to offer.
Practice, Practice, Practice
Just like any other activity, repetition is the key to success. With baccarat, sometimes the pace can be quite fast making it hard for you to keep up. The best way of becoming accustomed to the game is by playing free versions. Most online casinos offer baccarat games for newbies to sharpen their skill. It may seem pointless to play without real money but free baccarat games can help you familiarize yourself with the rules as well as the player environment.
More and more players are now trying their luck on baccarat tables, thanks to online casinos, such as Casumo Casino, creating immersive live dealer experiences, helping players get to know games that they may have stayed away from perviously.
Your nerves will be tested but if you pass that test then you could be on to a winner.
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