A bet on the banker has the lowest house advantage of 1.06%, and a bet on the player has a house edge of 1.24%. To bet on a tie is not recommended, even though it pays out at 8:1, because it has a high house advantage of 14.36%.
Overall Baccarat has a low house edge, especially when compared to other casino favourites, such as Slots (2%-15%) and European Roulette (2.70%). If you’re comparing to other card games, Baccarat beats many of the poker versions on the house edge factor, but Blackjack is still numero uno with a very low house advantage of 0.28%.
Top 5 Online Baccarat Tips
Baccarat does not rely on strategy as much as Blackjack because it’s mainly a game of chance. You do get to choose though which bet you’re going to place, so this is how you can influence your odds of winning. Here are some basic Baccarat strategies you can follow:
1. Apply a money management system.
2. Quit while you’re ahead – set yourself limits to quit after winning a few hands.
3. Don’t bet on a tie.
4. Look for the Baccarat version with the lowest banker’s commission – the standard banker bet has a 5% commission. Obviously the lower the commission, the bigger your winnings.
5. Try to find Baccarat games the use the minimum number of decks. This increases your odds of winning.
Bottom line about Online Baccarat
Online Baccarat is a firm favourite all over the world. Players get to enjoy a fun card game that has a low house advantage and doesn’t require much skill. The game has an air of sophistication thanks to its aristocratic history and was made even more famous thanks to a certain Mr. James Bond.Check out the list that we’ve put together of the top casinos that offer this popular casino game to South African players, and choose the best Baccarat casino for you!