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Baccarat House Edge and Odds

S. Stoynova (editor) |

Learning the Odds of Winning in Baccarat

Baccarat House EdgeBaccarat is a classic casino game with rather simple rules to grasp, entertaining nature, and potentially rewarding outcomes. Like any game of chance, baccarat also has a house edge that can show you the advantage the casino has over players. There are three possible bet options while playing baccarat, with each one of them having different odds of winning.

If you want to know which is the best bet to place while you play baccarat, it is required to get familiar with the odds on each bet. That way, you can determine the wager that is potentially most rewarding in the game of baccarat. One thing to remember, however, is that the casino will always make sure to have an edge over players. To show you how this is achieved in baccarat, we have covered the odds and house edge of every bet in the card game. To learn more, we suggest you keep reading.

Baccarat House Edge

Baccarat House EdgeOne of the most important things which every player should consider, prior to playing a casino game, is its house edge and odds. These indicators are rather dynamic as they can vary, depending on the respective casino and the variation of the game. Baccarat is a high-stakes game and as such, its house edge is especially important as the minimum bet that can be placed is significantly increased in comparison to other table games. Therefore, players should take their time to get familiar with their chances of winning before betting substantial amounts of money. This is also the reason why Baccarat is the favorite game of many high-rollers as it suits their betting habits and gaming style.

Baccarat is a casino game with a moderately low house edge – the most common rules of the game offer 1.09% on the Banker bet, 1.24% on the Player bet, and 14.36% on the Tie wager. However, players should always remember to double-check its rules beforehand to make sure they are not altered in favor of the casino. On average, it is estimated that the banker wins around 50.68% of the non-tie bets, whereas players win 49.32%. The house edge that applies to the ‘player’ bet is determined by subtracting the first above-mentioned percentage from the second one.

It is observable that there isn’t much difference in the odds, and in this case, the banker who represents the casino clearly doesn’t have a real advantage. This is the reason why the casino had to impose a countermeasure in an attempt to make the odds favorable again. As a result, one of the rules that apply is that the casino is entitled to a 5% commission whenever the banker bet wins. This way, the built-in advantage remains and players are deprived of the chance to be otherwise in a favorable position.

It is worth noting that the exact amount of the commission can vary, depending on the casino and the nature of the game – whether it is played online or in a land-based casino.

Wagering Odds

Wagering OddsAs already mentioned, the rules of Baccarat are moderately easy to learn. One of the basic rules concerns the different types of bets. Players have the chance to choose among three available options when it comes to putting their chips on the table. Each table has designated areas, labeled as ‘player’, ‘banker’, or ‘tie’. These are the possible wagers that can be placed throughout the game. According to them, the odds of the game change as well, which is the reason why it is compulsory to get familiar with them in order to determine the possibility of winning.

The odds of the bets, depending on the type, differ from one another significantly. If players decide to place a wager on the ‘player’ section, the house edge is estimated to be 1.24%. If they choose to put a bet on the ‘banker’ section, it is 1.06%. However, when it comes to the ‘Tie’ bet, the house edge is much higher – 14.4%.

Baccarat Wagering Odds and House Edge
Bet TypeHouse Edge

The Bet with the Worst Odds

Bet with the Worst OddsOne bet that is worth discussing is the ‘tie’ bet due to the fact that it has an exceptionally high house edge. It is observable that the odds of this wager are clearly unfavorable for the players and therefore, they should refrain from choosing it. Even though it can be really tempting to place this type of wager because of its payout – eight to one, it is compulsory to take into account the fact that its odds are worse in comparison to the rest of the available bets.

The Bet with the Best Odds

Bet with the Best OddsAfter players have taken their time to consider the odds every bet gives them, it is easy to decide which one provides them with the chance to lower the house edge as much as possible and reduce their money losses. In order to do so, they should bet on the ’banker’ section as its house edge has proven to be the lowest. Even though the casino gets a 5% commission, if they choose to place a wager on the banker’s hand, it is still their best bet choice and players shouldn’t be discouraged to try their luck on it because of this rule.

The reason why the ‘banker’ bet has the lowest edge is its high possibility to win more often. The ‘banker’ hand is completed last, giving it more chances to win than the ‘player’ hand. In addition to that, the ‘banker’ decisions depend for the most part, on the cards drawn to the “player’ side. Just like in blackjack, in baccarat, the last hand to draw will end up winning more times.

The ‘banker’ side will always stay on a two-card total of 7, 8, or 9. Any other total would indicate resorting to the drawing rules in baccarat, with the action of the banker depending on the cards the ‘player’ side has drawn. In a way, baccarat resembles blackjack where the house has a bigger advantage as the dealer draws after the player plays their hand. This means that the player could go bust before the dealer even has the chance to draw more cards or stand. In baccarat, it is a slightly different case as there is no chance of going bust. This being said, the ‘banker’ side still ends up with more wins in the long run as it acts according to the actions of the ‘player’ side.

Relation between the House Edge and the Payout Percentage

House Edge and the Payout PercentageAnother major reason, why it is compulsory to take into account the house edge in Baccarat, is that it also influences the payout percentage. Even if the house edge is low enough, if the payout percentage is unfavorable, players won’t be able to make up for their money losses. Since the house edge is measured in percentage as well and it indicates the amount of money players are expected to lose every time they bet, it has just as big of an impact on their bankroll as the payout percentage.

It is worth mentioning that Baccarat is a game of chance and as such, its outcome cannot be determined. Therefore, in contrast to strategy games such as Blackjack, it is not possible to set a routine for the bets in order to make a profit in the long term.

Calculating House Edge for Baccarat Bets

Calculating House EdgeIf you are chasing bigger payouts, you are advised to place your money on either ‘banker’ or ‘player’ as these bets have extremely low house edge percentages compared to the ‘tie’ wager.

Let us take into consideration the estimations for ‘player’ winning chances of 49.32% and ‘banker’ winning 50.68% of all bets, excluding the ‘tie’ option. In the case of wagering 100 credits on ‘player’, you can expect to lose 50.68 and win 49.32 on average. If we subtract 49.32 from 50.68, we will get 1.36, indicating the house edge of the ‘player’ bet.

The odds on the ‘banker’ bet are calculated in a slightly different manner. As the house is entitled to a 5% commission for every winning ‘banker’ bet, if you stake 100 credits on this side, you will win 0.95 credits. If we take the expected win of 50.68% for the ‘banker’ bet and multiply it by 0.95, we will get 48.15. Meanwhile, the losing chances for this bet are estimated to be 49.32% of all non-tie bets. If we subtract 48.15 from 49.32, we will get 1.17, representing the house edge.

As for the ‘tie’ bet, the winning chances are 9.55% of all bets. If we divide 100 by 9.55, we will get 10.47 but we must keep in mind that a win would indicate that your original bet will also be returned to you. This means that we will get the true odds of the ‘tie’ bet by deducting 1 out of 10.47, getting odds of 9.47 to 1, or receiving 9 credits. To get the house edge of the ‘tie’ bet, you divide 1.47 (the difference between 10.47 and 9) by 10.47, getting the house advantage of 14.4% for this wager. Despite its high house edge, however, many players are tempted to bet on ‘tie’ due to the stake’s high payout.

Important Things to Consider

Important Things to ConsiderTThe house edge of a particular casino game is an important factor that is often neglected. It is essential to know the odds and probabilities as they serve as good indicators of players’ chances of winning the respective game. As already mentioned, when it comes to Baccarat, the odds strictly depend on the type of bet that they choose to place. However, there are other factors that play a crucial role when determining the percentage of the possibility to win.

Another major thing that should be also taken into account is whether the rules of the game remain the same as some casinos alter them for various reasons – to make the game more attractive or to increase its house edge. It is also compulsory to double-check whether the chosen game is a variation of baccarat because if this is the case, the odds will be most likely different. Players should be aware of the fact that whenever a rule is altered, even if it’s the slightest change, it directly influences the house edge.

Punto Banco or just Baccarat is the most widespread version of the game nowadays and it can be found in every leading casino. However, there are other popular variations such as Chemin de Fer and Baccarat Banque whose rules significantly differ from the classic game. Therefore, their odds and probabilities are not the same. Players should also bear in mind that when baccarat is played online, its odds and house edge will be most likely slightly different due to the virtual nature of the game.

The Role of the Deck

The Role of the DeckBaccarat is a card game and as such, the number of decks involved in the game inevitably influences the final outcome. However, the most important question is to what extent exactly the house edge depends on the decks. Let’s have a look at the odds of each bet when the game is played with eight decks. The ‘player’ bet is calculated to win 44.62% of the time, the ‘banker’ wager – 45,86%, and as for the ‘tie’ bet the odds are 9.52%.

Now, let’s consider the following situation – the game is played with a single pack of cards. In this case, the odds of the ‘banker’ bet are 45,96%, of the ‘player’ bet – 44,68%, and of the ‘tie’ one – 9,36%. It is observable that there isn’t much difference in the betting odds when it comes to the ‘player’ and ‘banker’ bet. However, the ‘tie’ bet is influenced by the number of packs involved in the game. From these examples, we can draw the following conclusion: the fewer the decks in use, the lower the chances of winning a ‘tie’.

Baccarat Payout Depending on the Number of Decks
8 Decks
1 Deck
House Edge for Baccarat Bets According to Number of Decks
8 decks6 decks1 deck


ConclusionBaccarat is one of the oldest casino games that are still played nowadays. It has a moderately low house edge in comparison to the rest of the casino classics, making it extremely enticing to a number of players globally. Moreover, its rules are very easy to learn which makes it suitable for even inexperienced gamblers. If players want to be able to fully enjoy the game and increase their chances of winning, it is compulsory to get familiar with the possible bets and their house edge.