Baccarat is arguably one of the oldest card games played in casinos. While it may not be as widespread and loved as games like blackjack, playing here does have its perks. So, if you’re looking to expand your betting portfolio into this market, you could certainly do worse!
The game is quite simple because there are many fewer options for you to consider so you can afford to relax and enjoy the game. In any baccarat game, you only ever have three betting options; the banker bet, the player bet, or the tie bet. You have to guess which hand will be dealt before the cards are drawn. Guess right; you walk away from a winner. Guess wrong, and your bankroll shrinks a little. Our previous guides extensively detailed everything about playing a banker bet and a player bet. So, we’ll take a long look at the potential of betting on a tie now.
How You Get a Tie In Baccarat
A tie is achieved in baccarat when the banker and the player have the same number of points. Typically, the players that made a tie bet wins in that scenario while a return amount goes to the player. While all of this is essentially straightforward, there are a couple of things you need to remember before you move forward with placing a tie bet here.
Everything That Goes Into a Tie Bet In Baccarat
Tie bets have a notorious reputation in baccarat, and soon, you’ll see why. The average online or land-based casino will offer you an 8:1 or even 9:1 payoff for placing a winning tie bet. In sharp contrast, you get a 1:1 fix when you make winning player bets or banker bets. And, in the case of banker bets, you still need to pay a commission after that. However, on the whole, it’s the combinations of the deck that determine just how much you stand to win when you place tie bets. Now, in light of how staggering the payout is for tie bets, your natural inclination would be to place those bets eagerly. But, the payoff is high for a reason; because these bets are close to impossible to predict and win accurately.
What The Numbers Say
Even if you plan to play baccarat casually, placing tie bets is never a good idea. It is because these bets set you up against an overwhelming 14.4% house edge. The odds you’re up against become even more staggering when you note that the house edge for player bets and banker bets collectively isn’t even up to 3%! So, if you love your bankroll and you want to enjoy this game truly, you’re better off steering clear of tie bets. However, there’s always luck, and you can choose to capitalize on that.