If you have been a James Bond fan and have closely observed him in his movies, you might have noticed that baccarat is his game of choice in casinos. It is a popular card game, different than traditional games like blackjack.
It is usually played between a player and a banker; the difference lies in the odds placed on both of them. The game can end if any one of them wins or it can be a tie. There are several versions of baccarat, of which punto banco is one of the most popular.
If you are planning on playing baccarat, it’s better to have some tricks up your sleeves, before putting your money at stake.
Here are some of the tips which might come in handy for you.
Familiarize Yourself with the Game
Baccarat is different from conventional card games so it’s better to have a thorough understanding of the game. Before playing any baccarat strategies, familiarize yourself with the format of the game.
Some of the key points which you need to know are:
You can place your wager on the player or the banker. If your prediction turns out correct, you win the bet. You can also bet on a tie if you are confident enough about it.
When the game starts, both the players will receive two cards. However, a third card can be given to any one of them or even to both of them depending upon the rules of the game. An online gaming software will give this third card automatically when required. You don’t have a choice whether to accept it or not.
10 and the face card counts as zero while other cards will have their value according to their number. Aces have a value of one.
Another important point which you need to know is that when you add the values in baccarat, you only add the last number. 13 becomes 3 and 17 becomes 7.
The first one to reach closest to 9, wins the round.
- Choose the right Casino
Different casinos have slightly different rules for baccarat. So, before you go into any casino for gambling, make sure to review it and check the rules for baccarat in that place. You can review the online casinos on this website. We will compare the different casinos in our reviews for helping you find the best one.
- Budget Management
Whenever you are gambling, no matter in which form, it is wise to set a budget for it. Always be strict with your budget and use a fixed amount of your money in gambling. If you don’t do this, you will soon find yourself out of money. Winning a few bets and craving for a higher bet is natural. You might be tempted to exceed your budget, but don’t gamble on a high-risk bet unless you are completely sure about it. Always gamble within your budget and don’t cross the line.
- Stick to the Plan
Always make a proper strategy before placing a bet on baccarat. Follow the strategy and never improvise it during the game. It can be highly risky and lead to a huge loss. No matter if you are winning or losing, always go with the plan. A few wins can tempt you to go for higher odds while few losses will make you desperate to win something back. All of this is too risky and uncertain.
- Be Brave Enough to Gamble
Most of the novice bettors are too scared to gamble on baccarat due to the uncertainty of the game. Well, what fun is there without some risk? Enjoy the game and try your luck. Who knows a huge prize might just be a gamble away from you. If you are afraid of losing in public, try gambling online.
- Banker vs Player
Most of the bettors are confused about whether to bet on the banker or the player. There are certain advantages and disadvantages to both of these. According to different stats, the chances of the banker winning the game are slightly higher than the player. One might think how is it possible when the cards are shuffled and dealt randomly? Well, the answer to this question lies in the distribution of a third card. The rules of the third card are a bit complex and confusing and can only be explained by the software. On the other hand, betting on the player can get you more money. If you win your wager on the player, you get the full return but if you win your bet on the banker, you have to give 5% of your winning prize to the house. So, betting on the player surely have an advantage in terms of money.
- Gambling on a Tie
Most of the games end in either one of the contenders winning the game. But, a few games may end up in a tie as well. The betting odds on a tie are very higher and the profit margin is huge. Some of the casinos offer 8 to 1 in case of a tie. It means if you gamble on a tie, and the game ended in a tie, you will get your original amount as well as the winning amount 8 times of your bet. Yes, the payout is immense but so is the risk.
Statistics reveal that the chances of a game-ending in a tie are about 10%, and the number don’t lie. So, before you think of betting on a tie, make sure to do your math about your chances of winning. If you are a beginner, this bet is surely not for you and it will be a bad decision to go for it. However, there is nothing wrong to go for it occasionally, but make sure you have gained some experience in baccarat. On your day, you can certainly pull off such a bet and go home with some serious cash in your wallet.