Here below is a melting-pot of a couple of articles about Baccarat. The sources and other interesting links are at the end of this posts.
Baccarat is a fascinating game due to the fact that it is THE game of THE biggest high rollers and casino whales. And it is also THE favorite game of the Agent 007, James Bond.
No matter how many dozens of millions of dollars changed hands by playing these game. And no matter how books and "strategies" have been written and devised on Baccarat. Baccarat still a very simple game of pure luck. It's nothing more than flipping a coin.
In Baccarat you got three choices: betting on the Banker, the Player or the tie. If you bet on the Banker or Player and a Tie happen. You get your betting amounts back.
BUT, Baccarat is the casino game that offer the lowest house edge. The house edge is:
1.06% on the Banker bet. 45.8597% chance of winning.
1.24% on the Player bet. 44.6274% chance of winning.
14.36% on the Tie 9.5156% chance of a tie.
No need to say that the lower the house edge the better it is for you.
Not only is Baccarat 100% luck,
the player doesn't even get to make any decisions in the game once it begins. In
other words, you choose "Player" or "Banker", you place your bet, and that's
it. The rest of the game plays out based on a predetermined set of rules.
There is NO strategy to decrease the house edge. Fortunately, the house
edge on Baccarat is very low to start with. Still, the longer you play, and the
more money you wager, the more you can expect to lose in the long run.
Oh - there is just one thing - If you bet on the "Banker", the house
edge is ever so slightly less than if you bet on "Player". (1.0579% for Banker
compared to 1.2351% for Player.)
Baccarat "Unbeatable" Strategy
ALWAYS BET ON THE BANKER
Forget trends and always bet on the banker. The banker offers the lowest house odd on any form of casino gambling. The Banker's hand has the highest chance of winning with 45.8%. Banker house edge: 1.06%
HIT-AND-RUN
Quit when you're ahead. Take the money and go.
These two above strategies were successfully employed by Kerry Packer, The King of the Whales when he bring the casino to his knees on a couple of occasions.
CHOOSE THE BACCARAT GAME WITH THE LEAST AMOUNT OF COMMISSION
Find a Baccarat table
with the least percentage of commission that will be deducted from the winnings
of the player after the game. With this, the profit a baccarat player will get
will be much higher than playing in a Baccarat table with a higher commission
rate. Inform yourself well before betting a single dollar at a Baccarat table. Get the most for your money.
PLAY WITH THE LOWEST NUMBER OF DECKS
Remember that the lower decks you play baccarat - the bigger your chances for
winning are: this rule has been checked many times, and it was proved to
work.
STOP-LOSS / THREE STRIKES OUT
Stay calm, even if you lose. DO NOT CHASE LOSSES and try getting your money back at once, it
does not work usually. Usually my rules of thumb is the three strikes out. I leave after 3 consecutive losses. It prevent me from losing big, tilting and chasing losses.
NEVER BET ON A TIE
With 14.36% edge for the house. It would be foolish to bet on a tie. 8 to 1 odds is one of the worst in any casino game.
NEVER PUT ALL YOUR MONEY ON A SINGLE BET
Don't believe in your good star. She's never there when you need it.
NEVER BET MONEY YOU CAN'T AFFORD TO LOSE
This one is most important but often, the most overlooked.
FORGET TRENDS, STREAKS, AND PATTERNS
This is a game of pure luck. The Universe doesn't care if the Banker or the Banker won 10 times in a row. Remember that each and every deal or an
event is completely independent of the following event or the preceding event.
BETTING SYSTEMS?
All betting systems are flawed. Progressive systems like yours
usually do when but with occasional large losses. Over the long run, you will do
no better nor worse than the flat bettor or user of any other system. The Martingale is dangerous on every game and in the long run will never win.
However it is better to use in baccarat than roulette, just because of the lower
house edge.
In a few words, play with few decks, stick to the banker's bet, and manage
your money appropriately.
Never Play Mini-Baccarat
The truth is that you will be helping yourself
in the long run if you play baccarat instead of mini-baccarat. Mini-baccarat
tends to be faster paced and you will most likely lose more small bets- which
will end up equaling to more money lost than if it were larger bets.
Baccarat Chemin-de-Fer is the game played in James Bond's movies.
- If no one has an eight or a nine, Punto and Banco each have the choice to
accept or refuse a third card. This is why Chemin de Fer is a game of
skill, unlike the other major baccarat variants which are based on luck only. If
a third card is accepted, it is placed face-up on the baccarat table. Punto is
always the first to accept or reject a third card, followed by Banco. The hands
are then turned face-up to be compared.
Should I accept a third card when playing Chemin de Fer
Baccarat?
Most players of Chemin de Fer Baccarat follows a set of guidelines grounded
in mathematics and tradition. When you are the Punto representative, other
people’s money will be at stake so they may object if you wish to go against
these guidelines.
- Accept a third card if your hand totals 0, 1, 2, 3 or 4
- Refuse a third card if your hand totals 6 or 7
As you can see, hands totaling 5 are not covered by the guidelines.
Thanks to its big popularity and easiness, baccarat card game has many admirers all over the world today; being the game of luck, it attracts many people because they do not need learning difficult strategies or systems to beat the game though do not stop believing these systems really work. Actually, baccarat casino game is full of legends and myths which can prevent your winning if you trust them; look at these common baccarat myths and remember which moments to avoid when play baccarat.
Myth # 1: Baccarat is the game of aristocrats.
Truth: Yes, baccarat was played only by rich and noble people before. Today casinos try to support the image of baccarat being the sophisticated game which invites only aristocratic people, but it does not mean that you are prohibited to play if you do not have millions of dollars. Baccarat welcomes everyone: those people who are ready to bet only 5 bucks can easily do it in every casino today. Find the best place to play online baccarat at Casino Listings!
Myth #2: Baccarat is worth playing only if you sit at the big table.
Truth: Many serious baccarat gambling gurus prefer tables where small bets are also allowed because it is much easier to win more money there; you have big chances to lose all your money soon if you choose the table with $100 as a minimum bet.
Myth #3: It is easy to win baccarat if you use patterns.
Truth: Never think of patterns! If a banker wins 10 times in a row for example, it does not mean that s/he has lower chances to win the next round too: the chances of a banker and a player are always the same, but, as a rule, bankers win more often because of house edge.
Myth #4: A winning strategy will help me to win baccarat for sure!
Truth: Gosh! Do you still believe that? Baccarat is the game of luck just like online slots; so, never trust all those systems and strategies which are ready to guarantee you a winning. Some "experts" try to sell baccarat systems, and poor players are ready to spend their money if only it helps them winning. But it won't!
Myth #5: Card counting works for baccarat too.
Truth: Yes, both blackjack and baccarat are played with the same deck of cards; but the difference is that cards are back to the shoe in blackjack and you can change your bet during the game: such an opportunity can give you the advantage during the game. Baccarat does not offer you the same steps and that is why there is no reason to use card counting here. This strategy will not work for baccarat.
The Kings Of Baccarat Whales
Australian billionaire Kerry Packer broke the bank one more time. Visiting the private Baccarat pit and alternating with a little Blackjack at $250.000 a hand. To the dismay of MGM Grand owner Kirk Kerkorian, after less than two hours, Kerry Packer left the casino $24 Million richer. After his huge win, "Hit and Run Packer" was no longer welcomed in the MGM Grand casino. Further proof that those blood-sucking casinos don't want you to win.
Sources:
http://baccarat-gurus.com/baccarat-gambling.htm
http://baccarat-gurus.com/baccarat-myths.htm
http://baccarat-gurus.com/baccarat-tips.htm
http://www.allcasinoneeds.com/12-winning-baccarat-strategies/
http://www.onlinecasinoreports.com/guides/cardgames/baccarat/how-to-win-at-baccarat.php
http://www.casinosonline.com.au/baccarat/strategy/
http://www.baccaratsite.net/
http://wizardofodds.com/games/baccarat/
http://wizardofodds.com/ask-the-wizard/baccarat/
http://www.europebaccarat.com/tips-game-baccarat.html
http://voices.yahoo.com/strategies-winning-baccarat-165051.html?cat=11
http://www.baccaratodds.com/baccarat-strategy-2/strategy-to-play-baccarat-identify-the-streak/
http://www.baccaratodds.com/baccarat-articles/baccarat-strategy-myth-or-possibility/
http://www.baccaratodds.com/
http://www.gamblinghelp.biz/wpblog/smart-chasing-of-losses/
http://www.aboutbaccarat.com/chemin-de-fer-baccarat/
http://en.wikipedia.org/wiki/Baccarat#Chemin_de_Fer
http://wizardofodds.com/games/chemin-de-fer/
