Casino Software Baccarat Odds
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. 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. Three dealers run the game and one of these is the caller who runs the game and stands between positions 1 and 15. 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. All picture cards count as 10 and aces count as 1.
Player and dealer are both dealt two cards to start with, if either of them has a two card total of 8 or 9 then they must immediately turn over the cards. If your score is below 6 then you must hit and receive a third card, if you receive a third card then the dealer takes another depending on your total. If the dealer has 0 then he must draw. If the dealer has 5 then he must draw if your card is a 4-5-6-7. If the dealer has 7 then he must stand. If the dealer has 8 then he must stand. Baccarat is a game of pure luck. 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. With this specific baccarat system, you can risk two dollars for a return of ten.
So if you lose the first bet using this baccarat system, you lose one unit. This system will work only in the short term. The casino's always win in the long run. To even out the odds the house charges a commission (usually 5%) on winning player bets placed on the house. How should this change the way a player wagers?
Factoring in the commission it turns out that you are still slightly better off by betting that the house will win. This assumes the commission is the usual 5%, should the commission change then you have to change strategy. For various commissions we can calculate the following average payoffs then, assuming 100 wagers of $1 were made.
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