Baccarat, or Punto Banco, is one of the fastest and most simple casino games you can play. However despite its simplicity, you can swiftly end up bust. This article will help you understand the nuances of Baccarat by explaining some of the strategies you could use to maintaining your bankroll through strategic bets. If you’re lucky they could even help you turn a profit. But is there a winning Baccarat strategy?
The most effective long term strategy in any game is one that reduces the house edge, allowing you to manage your bankroll more effectively. Most casinos will use eight decks of cards for Baccarat in order to minimise the odds of winning. The number of decks in play alters the probabilities slightly so for simplicity, all the house edges in this article assume that eight decks are in play.
Despite what you might think, Baccarat, like all casino games is based on luck rather than skill, these strategies can help to structure your play instead of betting blind. But they won’t guarantee a return. If it did, no one would share that kind of information. If you're not sure of the basics of how to play, read our article on how to play Baccarat. But if you want try different methods of playing, give these strategies a go in the Cloudbet live casino.
Baccarat Strategy - Staking
Money management is critical for long term success in Baccarat. Excluding the tie bet, there isn’t much difference in the payout amounts of Banker and Player bets. They payout at evens, with a small commission taken for Banker bets. These staking strategies are all progressive systems of betting. They're popular because any losses can be covered by an eventual win. However, as with any betting system, losses can quickly mount up and they rely on having enough bankroll to continue the sequence. You can use any staking strategy you wish, but these are two of the most popular:
The 1-3-2-4 system is a positive progression system. You always start betting one unit, if you lose, keep betting one unit. Only once you win do you bet three units. A win from that means you bet two units, a loss means going back to one unit. If you win four in a row, you’d start the sequence again but have made ten units profit. This strategy was devised to maximise returns and minimise losses in games where the main bets are around evens. Though it keeps losses to a minimum in terms of units, a continued losing run would negate any total profits gained.
The Martingale system is a negative progression strategy. After each loss, you’re required to double your stake. It relies on eventually winning to cover your losses and make a profit. The Martingale system sounds logical, and indeed once you win, you'll win enough to cover your previous losses. And because you're required to double your stake with every loss, the total wagered could quickly escalate to the table maximum.
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Now you’re familiar with staking strategies that can easily be applied to Baccarat, let’s take a look at the three types of bets on the table. Many strategies will tell you to pay attention to streaks, however remember you’re playing a game of chance. Short-term streaks on player or banker bets may happen but in the long run they’ll even out with each other. Casinos will either display previous winning hands or provide you with the means to record it yourself. Remember that just because a run of hands has occurred, it doesn’t make the opposite hand more likely to appear. The player's hand will win 44.62% of the time. The banker's hand will win 45.85% of the time. Let's take a closer look at the bets you can make.
Betting on Tied Hand
This has the highest odds but the lowest probability. Betting on the tie might seem appealing from the odds, usually 8:1, and unsurprisingly the house edge is the highest, 14.36%. But it rarely occurs. The probability for a tie in baccarat is 9.53%
Betting on Player’s Hand
Though the House Edge for player bets is 1.24% which is a substantial improvement on the tie, it’s still not the best bet to make when playing Baccarat. Though if you bet on the player’s hand and it wins, you’ll double your stake. For some players, this is a preferred outcome as you’ll win more per hand.
Betting on Banker’ Hand
In Baccarat, the house edge for banker bets is 1.06%. It’s the bet that seasoned Baccarat players always begin on and pay attention to. Casinos know this so it’s why, generally speaking, you pay 5% commission on winning banker bets. It might seem off-putting but in the long run, you’ll keep more of your bankroll. And then, for what we're looking for this would be one of the better long terms strategies for playing Baccarat.
How to win at Baccarat
Like all casino games, Baccarat can seem simple at first but successful players know how to turn the odds in their favour. You don't need to count cards, you only need to know what decisions you can make to be on the winning side of the bet. And don't rely on going on a hot streak to win at Baccarat. It's incredibly rare to win more than one hand in a row, let alone more than five. So keep a handle on your bankroll. If you were to go all in on your first hand, you won't be able to handle any variance if you lose. You'll have no money to keep playing. So that begs the question, how do you win at Baccarat? Is it possible to do so consistently? Your best bet, would be to start with betting on the banker. Whether you choose to always bet on the Banker or alternate between Banker and player is your decision. But the smart money stays on the Banker.
So now you should understand different ways of playing the game, it’s time to put it into practice. Play live dealer Baccarat in Cloudbet's bitcoin casino or play for free to experiment with how you want to play. And remember that new customers receive a 100% deposit welcome bonus up to 5 BTC/BCH. What are you waiting for?