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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. The game of baccarat is unlike most casino games as the is no level of skill involved the reason for this is that neither the player or dealer has any options or decisions to make during the course of the game. This means the game is quite simple especially as there are only three possible bets that can be made. Three dealers run the game and one of these is the caller who runs the game and stands between positions 1 and 15. 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. The aim of the game is to get as close to 9 as possible and if you are nearer then you win. 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. Baccarat is a game of pure luck. Calculations have been made that show the odds of the player winning are 442%, losing 455%, and 93% to tie. The objective of course is to bet a little with the potential for a larger return. With this specific baccarat system, you can risk two dollars for a return of ten. If you win the first bet but lose the second, that's two units you've lost. This system will work only in the short term. The casino's always win in the long run. Don't doubt it. To even out the odds the house charges a commission (usually 5%) on winning player bets placed on the house. 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. Removing the tie hands in the event there is no payoff, the odds of the player winning are 492% and for losing 508%. For various commissions we can calculate the following average payoffs then, assuming 100 wagers of $1 were made.
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