Baccarat Table Casino Game
Baccarat has a reputation for being a high rollers game and the tables are normally separate from the rest of the casino in there own section called the pit. Dealers normally wear tuxedos and the surrounding are is quite lavish. This means the game is quite simple especially as there are only three possible bets that can be made. The table layout is quite simple and consists of fourteen numbered positions seven on each side of the dealer; the number thirteen is omitted as it is considered unlucky. Each player takes it in turns to deal from the shoe there is however no advantage to be gained from it and it is just part of the tradition of the game. When the bank wins the house claims a %5 cut of the winnings and the total amount is collected every time the shoe is reshuffled. A 9 is the best hand and beats all other totals followed by 8, if both the dealer and the player has an 8 or 9 the hand is tied and no money changes hands. If either you or the dealer has a 6 or 7 then you must stand if you stand on a 6 or 7 then the dealer must hit on a score of less than 5. If the dealer has 0 then he must draw. If the dealer has 3 then he must draw if your card is a 0-1-2-3-4-5-6-7-9. If the dealer has 9 then he must stand. The game is played using a fixed set of rules for the player and the dealer, and these rules represent the best odds of winning for both the player and for the house. Thus it would seem to be to your advantage to bet on the house winning on every hand. Baccarat systems are few and far between. That is, systems that are designed specifically for that game, but many other mathematical betting systems may fair well in this general card game. You may have heard of the 1 - 3 - 2 - 6 baccarat system.
So if you lose the first bet using this baccarat system, you lose one unit. If you win the first bet but lose the second, that's two units you've lost. If you win the first three bets but lose the fourth, you break even. This system will work only in the short term. If the commission is less than 5% then it is always to your advantage to bet with the house, while if the commission is more than 5% it pays to bet on the player winning. For various commissions we can calculate the following average payoffs then, assuming 100 wagers of $1 were made.
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