Before I explain this Baccarat game that dates back to the 15th Century, let's review a brief bit of history. Americans got their first real glimpse of this casino game during the 1962 James Bond movie, Dr. No, when Bond, played by Sean Connery, was winning in a Monte Carlo casino. The game was Chemin de fer.
Chemin de Fer
In this original version, Players wagered among themselves and won or lost with their own money. A dealer shoe rotated around the table counterclockwise after each hand. Players could decline the bank and pass the shoe to the next player. A 5% commission for winning bank hands paid to the house was to cover the casino overhead.
Punto Banco
Punto Banco, meaning Player, Banker, was introduced in Nevada from Cuba in the late 1950s, where it was very popular until Castro closed the mob-run casinos. The main difference from the French version is that the house banks the game. A tie bet was added to increase the house edge, and the 5% commission to the house for a winning bank bet remains in place. Eventually, the name ความรู้บาคาร่า66, Italian for zero, was coined. Today baccarat is played in high limit rooms throughout the world where millions are won and lost each day.
Mini-Baccarat
Eventually, gaming establishments saw profit potential with Baccarat however they had to make it attractive to the average player. Hence, a new version was born, Mini-Baccarat. The rules for this game are exactly the same as Punto Banco except one house dealer controls the game for up to seven players. Table minimums are as low as $5 or $10. Numerous optional side bets have been added to increase the house edge.
How to Play Baccarat
The objective of baccarat is for the player to come as close to the number 9 as possible. Aces count as one, 2's - 9's are face value, and 10's - K's count as zero. Regardless of the number of players, the dealer only deals with two hands from a six or eight-deck shoe. Prior to the deal players must first place one bet on either the bank hand, player hand, or tie. Croupiers pass the shoe so players have the option in turn to deal the cards. In Mini-Baccarat, the shoe remains in place and the dealer controls all the action.
Game Rules for Player Bet
The player position always draws on a 0, 1, and 2,3,4,5, unless the banker has a natural 8 or 9. Player always stands on 6,7,8, and 9. When the play bet has a natural 8 or 9, the game is over.
Game Rules for Banker Bet
The banker position always draws on a 0, 1, and 2 unless the player has a natural 8 or 9. The banker always stands on 7,8, and 9. When a banker has a natural 8 or 9, the game is over.
Strategy
No playing strategy is required. Always bet the bank which has the lowest house edge at 1.06%, even with the 5% commission owed to the house. A player bet has a house edge of 1.24% while the tie bet that pays 8 to 1 has a whopping house edge of 14%!. This bet is not recommended. A number of optional side bets at the mini tables have house edges from 2 to 13%. These are not recommended.
