Five Tips for Higher Win Ratio in Live Baccarat
By Space Coast Daily // January 14, 2022
Baccarat’s invention and popularity didn’t start with the introduction of online casino games; it has been the people’s favourite game since as far back as its inception in the 1400s. Before its final evolution into becoming live casino baccarat, it was previously known by different names, such as Chemin de fer, when it spread from Italy to France, then across other European countries around the 18th and 19th centuries.
Baccarat is one of the most played games in land-based casinos, and this fact seems to be transcending into online casinos.
Like most of the other casino games, baccarat is majorly a game of chance, but it is more favorable because it has a low house advantage and has great odds. Baccarat is easy to learn and play, but if you intend to make a lot of money from playing it, you will have to employ some strategies. However, before you dive right into finding a working system, you should endeavor to ensure that you are familiar with the basic rules of baccarat.
Basic Rules
There are mainly three types of betting options in baccarat, namely the player, the banker, and the tie. If you wager on the banker or the player, you will have to aim for the one closest to 9 after the dealing of the card. For example, if you place a bet on the banker and it eventually gets a six while the player gets a four, the bet is won.
The last option, the tie, is when the player and the banker have equal numbers. The tie probably has the biggest payout option, but it also has the lowest odds of winning. The house advantage for tie bets is a whopping 14.4%, while that of the banker and the player are 1.06% and 1.24%, respectively.
Baccarat Winning Tips
■ Beware Of The Banker’s Commission: Having established that even though the tie has the best payout, it is not favorable because of the excessive house edge. The banker might look like the next bet option because it has the lowest house edge, but you should also know that whenever you wager on the banker, the casino will charge a commission of 5%, but sometimes, some sites may charge up to 20%.
Hence, you should always read the terms and conditions to know the banker’s commission for the website before betting on the banker.
■ Find A Working Strategy: To enjoy your experience with baccarat, you will have to devise a strategy or find one that has worked for others in the past. There are various strategies, such as the martingale system, the Fibonacci strategy, the Paroli system, the Labouchere system, and the D’alembert system.
As much as these strategies have worked in the past and might also work for you, it is vital to know that employing them doesn’t automatically make you immune to losses.
■ Money Management: Sometimes, when lady luck shines on you, you may go on a winning streak for a long time, therefore, raking in lots of profits. When this happens, many people do not know when to stop. Some only stop when they are entirely or almost out of cash, which is a very wrong approach to betting. The primary purpose of playing casino games is to make money.
You should have a budget for how much you are willing to lose and how much you intend to make in a session. When you hit any of these marks, no matter how excited you are, you should stop yourself from playing further.
■ Use Bonus Offers Wisely: Just like you are playing casinos for money, casino websites also are in the business for profit-making. As much as many of these sites will offer you bonuses that will be too enticing to refuse, attempt to read the terms and conditions of these promotional offers before using them. Most of these promos have ridiculous clauses that you may find very hard to accomplish.
■ Be Realistic: An essential characteristic of an excellent gambler is their ability to be realistic in all their actions and approach to betting. A good gambler knows that no matter how good they are in any game, they are still bound to the win some, lose some rule. Only a novice will expect to win in every round of games they play. Losing is part of the game, and you should always take lessons from your losses.
