While it’s difficult to predict with certainty just how much you will win when gambling online, statistics show that the game of baccarat offers some of the best odds (compared to other casino games online, such as slots).
If you’re thinking of betting on this game, it’s important to know the odds and payouts. Whether you’re a seasoned veteran or have just started, we’ve got all the information to help maximise your winnings. So, read this beginner’s guide for the basics on baccarat odds and payouts in this classic card game.
BACCARAT BETS — ODDS, PAYOUTS AND HOUSE EDGE
Baccarat bets were the heart and soul of what made baccarat such a special gambling game. Today, these wagers are still attractive because of the high potential payouts.
Though this casino game may be seen as a game of luck, players have to be careful to understand the different baccarat bet types and their existing house edges. Players will be given the option to stake on either the Player, Banker or Tie and wagers like Banker and Player bets have their own set of advantages over one another.
While most games have some form of standard rules for betting, others can be wildly unpredictable; in either case, though, baccarat bets will remain the cornerstone of any player’s arsenal.
Before you take your seat at the baccarat table, it’s important to brush up on your betting options. You will have three options to choose from:
- Banker bet
- Player bet
- Tie bet (when the Player hand and Banker hand have the same value)
To give you a better idea of these stats when you bet on the Player, Banker or Tie, check out the following chart:
| Wager | Odds | Pay Off | House Edge |
|---|---|---|---|
| Banker | 45.86% | 1:1 | 1.06% |
| Player | 44.62% | 1:1 | 1.24% |
| Tie | 9.52% | 8:1 or 9:1 | 14.36% |
Here’s what to know about the odds, payouts, and house edge for each wager.
ODDS
The Banker hand is one of the simplest and most popular stakes placed. It’s also the type of stake with the highest odds as Banker odds stand at 45.86%.
Banker stakes are great wagering options if you’re looking to stick with tried-and-true methods, as they are statistically more likely to win over the long run while keeping your risk low. Why don’t all players place Banker bets if the odds are so high?
When the Banker wins, it often comes with an attached 5% commission charged off the top, so your pot isn’t quite as big as it could be if you won a non-Banker wager. This is what they call vigorish or juice in the online gambling world (and in the world of real-life casinos).
For example, if the Banker wins with a €10 stake, then you would walk away with only about €9.50 rather than €10. That small difference makes Banker bets slightly less attractive for some players.
What are the baccarat odds for other common stakes? The probability for a Player bet is slightly lower than that of a Banker at 44.62%. And the probability of a Tie bet is 9.52%. Sure, this table game is known for being one of the most exciting casino games, but as you can see, the probability of a Tie bet winning is surprisingly low. This can be explained by the fact that this table game:
- Uses eight decks of cards.
- Has limited betting options.
- Has a complex scoring system.
The Tie bet probability is so small because with eight decks in play, it is highly unlikely to get the same card from both players. It’s best to practise proper bankroll management and make Player or Banker stakes when playing baccarat to increase your chances of earning a win without breaking the bank.
PAYOUTS
Baccarat payouts are rewards given to baccarat players when they score. They will generally depend on the stake placed; however, it can vary from casino to casino, as some online casinos offer better payouts than others.
It comes as no surprise that since the Banker has the highest probability, it’s also the one with the lowest payoff. Winning Banker bets out slightly less than the Player bet (0.95:1 instead of 1:1), and because a Tie is so rare, this win offers the highest payout possible.
HOUSE EDGE
Knowing the edge is essential to having a successful experience on baccarat tables because understanding which decisions favour you can give you an overall better chance of scoring big. The edge for each of the three common stakes is as follows:
- Banker: 1.06%
- Player: 1.24%
- Tie: 14.36%
The house advantage refers to the gambling venue’s statistical advantage over players. This edge can be as low as 1%, making this table one of the most favourable casino games for players.
BACCARAT SIDE BETS — ODDS, PAYOUTS AND HOUSE EDGE
Depending on the casino, baccarat side bets might vary and include specific stakes, such as Dragon and Panda bonuses. These types of bonuses generally pay more if you manage to guess which hand will win or whether it will be a tie. Side bets generally offer higher odds than the table’s normal wagers, but they can be difficult to win. Here’s what to know:
| Side Stake | Odds | Payout | House Edge |
|---|---|---|---|
| Player Pair | 7.47% | 11:1 | 10.36% |
| Banker Pair | 7.47% | 11:1 | 10.36% |
| Perfect Pair | 3.34% | 25:1 | 13.03% |
| Either Pair | 14.20% | 5:1 | 13.71% |
| Big | 31.80% | 2:1 | 4.35% |
| Small | 37.80% | 3:2 | 5.27% |
SIDE BET ODDS
To keep things simple, we’re going to talk about the six main side bets here:
- Player Pair
- Banker Pair
- Perfect Pair
- Either Pair
- Big
- Small
These little extra stakes can add up over time, so make sure to know these probabilities before diving into those wagers. Casinos generally come up with different rules that vary. So, read the fine print and compare options to find a baccarat game that gives you the best edge.
Here’s a breakdown:
- Player Pair: 7.47%
- Banker Pair: 7.47%
- Perfect Pair: 3.34%
- Either Pair: 14.2%
- Big: 31.8%
- Small: 37.8%
You’ll note that a Player Pair and a Banker Pair have the same probabilities, making them equally safe stakes but with some of the lowest chances of hitting. If you’re just starting to play baccarat, the safest side bets are the Big or Small stakes.
The Big bet wins if five cards are present on the board, meaning that one of the players was dealt a third card. This adds an element of surprise. On the other hand, if there are only four cards on the board, then the Small bet is won – this stake states that neither player received a third card.
SIDE BET PAYOUTS
Because side bets are slightly riskier than common stakes, their payouts are higher. And the side bets with the lowest probability of winning have the highest payouts. This means that you can expect the following side bet payouts:
- Perfect Pair: 25:1
- Player Pair: 11:1
- Banker Pair: 11:1
- Either Pair: 5:1
- Big: 2:1
- Small: 3:2
Are you looking for the best baccarat payout? The Perfect Pair side bet is the one! Boasting a best-in-class 25:1 payout ratio when hit, the chance of getting lucky and making that all-important Perfect Pair is quite slim at just 3.34%.
Side bets make playing baccarat much more exciting and fun, but if you want to maximise your chances of winning, then go with the Banker hand. It may not offer as high a payout as winning bets like these, but it’s likely to result in more wins overall.
SIDE BET HOUSE EDGE
The baccarat house edge is the highest for both the Perfect Pair and Either Pair stakes. However, despite the Perfect Pair having the highest payout, the Either Pair has a higher edge at 13.71% (whereas the Perfect Pair is slightly lower at 13.03%). The Banker Pair and Player Pair have an edge of 10.36% each.
The side bets with the lowest house edge are the Big and Small stakes, with an edge of 4.35% and 5.27%, respectively.
BACCARAT DECK COMBINATIONS
The typical table game uses eight decks. But if you’re in the mood to try something a bit different, you can play baccarat with six decks or even one. Sure, while common stakes will still be standard across all deck combinations, the edge and odds change, making for a very interesting experience.
For example, when you play six-deck baccarat, the payout for a Banker Pair goes from 11:1 down to 0.95:1. This is because the odds go from 7.47% up to 45.87%. With six decks, the most lucrative stake will be a Tie Bet, offering a payout of 8:1. Regardless of how many decks you’re playing with, the edge and odds stay roughly the same, only with minor changes.
HOW THE HOUSE EDGE AFFECTS ODDS OF WINNING
As we discussed earlier, the edge is the advantage that the gambling venue has over the players in the game. It affects your probability of winning, as this edge gives an advantage to the house.
To get a better idea, take a look at this general example: If you bet €10 in baccarat, and the edge is 1%, then you can expect a €0.10 profit for the house and €9.90 return to the players if they win.
Ultimately, the edge impacts your odds of winning; to increase your chances, you must pay attention to the edge carefully before wagering.
BACCARAT ODDS — STRATEGY
While some baccarat players rely blindly on luck, playing consistently with a reliable baccarat strategy is one of the best ways to beat the odds and increase your chances of winning. And knowing the probability of each stake hitting is the best way to dodge losses. There is more than one betting system that experienced baccarat players recommend for improving your baccarat game.
The most popular baccarat strategy is to always bet on the Banker’s hand as this has a higher chance of winning than placing Tie bets or betting on Player hands. Additionally, many baccarat players recommend keeping track of previous rounds as well as maintaining a consistent betting pattern so that you are better equipped to make informed decisions during your baccarat gaming experience.
ODDS OF BACCARAT VS. OTHER TABLE GAMES
Baccarat and blackjack are two of the most popular casino games. In point of fact, they are also the games with the lowest house edges and highest odds of winning.
The impressive odds mean it’s no surprise that baccarat is a favourite among high rollers due to its straightforward rules and rewarding baccarat odds. Baccarat simplifies everything without needing to follow a complex strategy or chart by allowing players to place one of three stakes and enjoy a low house edge.
Check out this chart that compares the odds of each table game:
| Casino Game | Odds |
|---|---|
| Blackjack | 42% |
| Roulette | 48% |
| Craps | 50% |
| Baccarat | 44% |
In comparison, blackjack requires more of an understanding when it comes to decisions as they directly influence your chances of success. That being said, baccarat offers just the right combination of fun and entertainment that has many gamblers eager to take their seat at the table, all while knowing they have excellent baccarat odds compared to other table games.
BACCARAT ODDS AND VARIANTS
There are multiple variants of baccarat, so the casino odds can vary significantly depending on the baccarat table being played.
There are many versions of baccarat available. In Punto Banco, the game rules are predetermined, and nobody makes decisions; in Chemin de Fer, two banks compete against each other and make decisions; and Baccarat Banque is a combination of the previous two baccarat tables.
Each of these baccarat variants offers different baccarat odds as well as strategies that players can employ. For example, in Punto Banco, the Banker does not have to make any decisions, so if you decide to bet on the Banker, you may often be at an advantage.
On the other hand, in Chemin de Fer or Baccarat Banque, there is an element of player decision-making, so this, combined with a baccarat strategy, may decrease the casino’s overall house edge. Mini Baccarat also has a few differences.
Understanding what baccarat variant you’re playing and considering your options when staking will help maximise your chances of succeeding when playing baccarat. Here are the baccarat odds you’ll face when playing different variants with varying baccarat rules:
PUNTO BANCO ODDS
| Bet | Odds |
|---|---|
| Banker | 45.9% |
| Player | 44.6% |
| Tie | 9.5% |
EUROPEAN BACCARAT PAYOUTS
| Bet | Payout |
|---|---|
| Banker | 1:1 + 5% commission |
| Player | 1:1 |
| Tie | 8:1 |
DRAGON TIGER PAYOUTS
| Bet | Payout |
|---|---|
| Dragon | 1:1 |
| Tiger | 1:1 |
| Tie | 11:1 |
NO COMMISSION BACCARAT PAYOUTS
| Bet | Payout |
|---|---|
| Banker | 2:1 |
| Player | 1:1 |
| Tie | 8:1 |
HOW TO CALCULATE ODDS — BACCARAT
As you can hopefully see by now, the game of baccarat is relatively simple, and the mathematics behind calculating the odds can be easier than one might think.
To calculate the probability of either player or Banker winning, you simply add one divided by its chances of winning to one. It’s important to remember, though, that baccarat also gives players the option to bet on a tie that has lower odds as it pays 8:1. This means that if you calculate 1/8 for this bet, it will come down to 12.5%.
If you focus on just banker and player bets, there is an opportunity for better payouts.
PLAY BACCARAT ONLINE AND LIVE AT ENERGYCASINO
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⭐ WHAT ARE THE ODDS OF WINNING IN BACCARAT?
The odds of winning this game depend on the variation being played and the number of decks of cards being used. If you're playing with eight decks or more, the odds for both the Player and Banker follow basic probability rules at most online casinos. However, the odds of winning of the player's hand are about 44.6% when placing a common bet.
⭐ WHAT ARE THE ODDS OF HITTING DRAGON IN DRAGON TIGER?
Unfortunately, the odds of hitting the dragon while playing Dragon Tiger are quite low. The probability of winning is 0.462651 and the probability of Tie bets hitting is 0.074699.
⭐ WHY ARE BACCARAT BANKER ODDS BETTER THAN OTHER BETS?
Banker bets have better chances of coming out as winners because they have a much lower house edge. In baccarat, the house edge on Banker bets is only 1.06%, while Player bets come in with a 1.24% edge, and Tie bets give players an enormous 14.36% disadvantage.
⭐ WHAT ARE THE ODDS OF A TIE IN BACCARAT?
The odds of a tie in baccarat are 9.52%. These odds are considerably lower than the odds for the Player and the Banker hand, which come in at 44.62% and 45.86%, respectively.
⭐ WHAT HAS BETTER ODDS, BACCARAT OR ROULETTE?
Generally speaking, the game of baccarat gives better odds for players. Baccarat offers a low house edge of around 1.06%, so if you go in knowing your baccarat strategies, you have a good chance of coming out ahead. On the other hand, roulette has a much higher house edge of up to 5.26% on American tables.
⭐ DOES BACCARAT OR CRAPS HAVE BETTER ODDS OF WINNING?
As long as you stick to the Banker bet, baccarat offers the best long-term odds for players, with a house edge of only 1.06%. Depending on how you play the game and which bets you place, the house edge at a typical craps table can range from 0% to over 16%.
⭐ WHICH HAS BETTER ODDS, BLACKJACK OR BACCARAT?
Baccarat is widely considered to have the best odds overall, as the house has a much smaller edge than in other popular games. However, blackjack can also offer good situations for players who study basic blackjack strategy and improve their game, as it can give the house an advantage of less than 1%, which is lower than baccarat.
⭐ WHAT ARE THE ODDS OF LOSING SIX STAKES N A ROW IN BACCARAT?
This depends on the type of bet you're making. Let's say you're making a Banker bet. In this case, the odds of you losing six straight bets in a row in baccarat are 0.01439257. That's a 1.44% chance.