Guide To Playing Baccarat with MyBookie

Guide To Playing Baccarat with MyBookie

Guide To Playing Baccarat: When you login to your account on MyBookie, you are greeted with a whole host of wagering options. While some players stick to sports betting, there are many more who split their time between the sportsbook and the online casino.

One game that some players find to be a little intimidating is Baccarat, mostly because it is often thought of as a game for wealthy players, but that is not the case at all. The game is easier to play than you might imagine, though, so let’s take a deeper look at Baccarat and how you can play and potentially win.

 

Online Casino Betting: Guide To Playing Baccarat

   

What is Baccarat and how do you play it?

What may come as a surprise is that Baccarat is incredibly easy to learn, although there are some variations of the game that we will talk about a little later.

Basically speaking, though, it’s a very simple game where the player can have a decent edge against the house, depending on how they bet.

Both the dealer (banker) and the player receive 2 cards. Each of which has a specific value, which are as follows:

  • Aces = 1 point
  • 2-9 = Face value
  • 10, Jack, Queen, King = 0 points
  • Only the last digit of the total sum counts (e.g., 8 + 7 = 15 → the hand is worth 5).
 

What are the different types of baccarat bets?

There are essentially 3 different bets in the game of Baccarat, but you can also make things a little more complicated by placing side bets. For now, let’s stick with the basic bets, which are:

 

Player Bet

  • You bet that the Player’s hand will win.
  • Payout: 1:1
  • House Edge: ~1.24%
 

Banker Bet

  • You bet that the Banker’s hand will win.
  • Payout: 1:1 (but a 5% commission is usually taken)
  • House Edge: ~1.06% (best bet statistically)
 

Tie Bet

  • You bet that both hands will have the same total.
  • Payout: 8:1 or 9:1 (varies by casino)
  • House Edge: ~14.36% (risky bet with low probability)
 

Guide To Playing Baccarat: How are Baccarat hands scored?

We have already discussed how each card in the deck has a point value in Baccarat, but how does scoring work? We should mention that the goal of the game is to get as close to 9 as possible. With that in mind, let’s look at some scoring examples:

  • 5 + 7 = 12 → Hand value = 2 (only the last digit counts)
  • 9 + 3 = 12 → Hand value = 2
  • 4 + 2 = 6 → Hand value = 6
  • Ace + 8 = 9 → Natural 9 (best hand)

There is, of course, the possibility of a tie, but there is also the option of the Third Card Rule, so let’s get into that.

 

What is the third card rule in baccarat?

In Baccarat, a third card may be drawn under specific conditions. The rules for drawing a third card are automatic and depend on the total value of the first two cards.

 

Player’s Third Card Rule

  • If the Player’s total is 0-5, they draw a third card.
  • If the Player’s total is 6 or 7, they stand (no third card).
 

Bankers’s Third Card Rule

This is a little more complicated and is usually dependent upon the cards that the player has. The only time the players’ cards do not come into play is if the banker has a score of 0, 1, or 2. In that case, they always draw.

If the banker has a 7, they have to stand, while an 8 or 9 is an automatic win.

 

Are there any betting systems that work in baccarat?

Baccarat is a game of chance, but many players use betting systems to manage their bankroll and attempt to gain an edge. While no system can guarantee a win (due to the house edge), some strategies help with risk management and profit protection. Here are the most common betting systems used in Baccarat:

 

Martingale System

This one is pretty straightforward, but the downside is that you might need a larger bankroll to implement it. Basically, all you need to do is double your bet after a losing hand, continuing to do so until you win, at which point you go back to your base bet.

 

Reverse Martingale (Paroli System)

Instead of doubling your wager after a loss, the Paroli system requires you to double your wager after a win, dropping back to your base bet after a loss.

 

Fibonacci System

This one is a little more complicated, as it requires you to keep a detailed track of your wagers. Bet increases follow the Fibonacci sequence after a loss (1, 1, 2, 3, 5, 8, 13, etc.). After a winning hand, you move back 2 steps in the system.

 

How do I avoid common mistakes when playing baccarat?

While Baccarat is a pretty simple game, it is still possible to make mistakes. Here are the errors that you need to avoid in order to improve your chances of winning:

 

Relying on Tie Bets

Yes, the payouts are bigger on a tie bet, but they are that way for a reason. Ties do not happen that often, so use this wager sparingly.

 

Not Managing Your Bankroll

If you have a smaller bankroll, using the betting systems in Baccarat can wipe you out quickly. Use flat bets or stick to the Fibonacci System, which is a little easier on your bankroll.

Failing to Understand the Third Card Rule – Even though the dealer handles everything, knowing when a third card is drawn helps you understand the game better.

 

Chasing Losses

If you do choose to play a system, make sure you have the bankroll to cover it and be sure to stick to it. Increasing wagers above what the system calls for will wipe you out.

 

Guide To Playing Baccarat: Determining How to Make Specific Bets

When playing Baccarat, the two safest bets are Banker and Player—but which one should you choose? Here’s how to decide:

 

How to determine when to bet on the banker

Technically speaking, this is the safest bet you can make, as it has the smallest house edge. It is the Third Card Rule that puts things in the favor of the banker, although the downside is that you pay a commission on each win.

 

How to determine when to bet on the player

If you don’t want to pay the 5% commission on a winning banker wager, this is still a solid way to play and potentially win.

 

What are the different variations of online Baccarat?

Online casinos offer several variations of Baccarat, each with unique rules and features. Here are the most popular versions:

Punto Banco (Classic Baccarat) – This is the version most commonly played in North America, and it is perhaps the easiest to learn and play.

 

Speed Baccarat

In Classic Baccarat, a round takes about 48 seconds to play. In this version, it is 27 seconds or so, which means you really need to be acquainted with the rules in order to maintain the faster pace.

 

Mini Baccarat

This is popular online, as it is just you and the banker instead of maybe 5 or 6 people playing at the same table. This is a great way for beginners to start.

 

Live Dealer Baccarat

This very much feels like you are playing in a casino, but it can also be a little intimidating for new players. Learn the basics of the game before giving this one a try.

 

Chemin De Fer

This is the European version of the game, with the players taking turns as the banker.

 

What are the benefits of playing online Baccarat?

There are several benefits to logging into your MyBookie account to play Baccarat online, the most obvious of which is the convenience factor.

There is no need to get all dressed up for a trip to the casino when you can just open your laptop and start playing straight away.

You also have the option to play for free in practice games, which is the best way to learn the ins and outs of Baccarat.

Once you are ready to play for real, you will find that online casinos generally have lower betting limits than a physical casino.

Finally, you might well find that there are promotions available that essentially give you free money to wager with, although be sure to check all the details of the promotion before you dive in.

 

How to determine the best online Baccarat game for your bankroll

Selecting the right Baccarat game depends on your budget, risk tolerance, and playing style. Here’s how to make the best choice:

 

Budget

No matter what games you play, it is important to pay attention to your budget. Whether you start with $100 or $10,000, the general rule of thumb is that you should play no more than 1-5% of your bankroll on a single wager.

 

Risk Tolerance

Pay attention to the table limits, as these can have an impact on your game. If you have a smaller bankroll, choose the games that have the lowest limit. You also need to consider whether you are willing to place higher wagers when using a betting system.

 

Experience

If you are learning the game of Baccarat, you may want to start with a free version that allows you to practice without betting real money. Once you are ready to move to real wagers, stick to classic Baccarat or the mini version.

 

Guide To Playing Baccarat: History of the Game

If you’ve ever wanted to be James Bond, but you know nothing about Baccarat, then you’re in luck thanks to this expert betting guide on how to play the age-old casino game.

Let’s get started with a bit of history on the beginning of baccarat. Did you know that baccarat is the French spelling for the Italian word baccarat, or zero, signifying the point values of face cards?

   

Origins

The game dates back all the way to 1490 when the Italian baccarat was introduced into France. Centuries later, Baccarat was first offered in Las Vegas in 1959. Believe it or not, baccarat offers casino players the best chance to break even, over all other casino games, with the house owning just a 1.17 percent edge for a banker hand and a 1.36 percent edge for a bet on a player hand.

 

1900’s

Baccarat is also a game that had been mostly reserved for the highest of high-rollers, until the 1900s, when casinos started making the game available for more average Joes like me. The Baccarat table is a 14-player table with one dealer called the “callman” and it is undoubtedly one of the easiest casino games there is to learn and play.

 

How it Works

The object of the game is to reach a point total as close to 9 as possible over the course of a 2-3 card hand, without exceeding nine. Players get the first of their initial pair of cards, followed by one for the banker and another for the players, and then a second for the banker. All the cards are dealt face up, so the point values of both hands are visible.

Once the first four cards have been dealt, one more card is dealt to either the player or the banker, (or both), depending on their respective point totals.

The point values of the cards are as follows… all 10s and face cards have a value of zero, and all other cards (Ace through 9) are worth their face value (Aces are always worth 1).

When the total of two or more cards is greater than 10, the point total is reduced by 10. For example, if a hand is dealt an 8 and a 6, resulting in a total of 14, 10 is subtracted, leaving a point total of 4 for that hand.

 

Baccarat Strategy

Baccarat is one of the most simple casino games there is, even if it doesn’t get the same attention that many of its other casino counterparts receives.

Devising a strategy for baccarat is fairly simple, as most experienced baccarat players say the banker bet is the best – and safest bet to play. The banker bet involves 5% banker’s commission, so if you ever come across a baccarat game with a lower commission, go for it, as this way you will increase your gaming odds.

Card-counting is useless (and it’s cheating) just like in blackjack these days, with casinos often using more than one deck at a time. Just like in blackjack and most other card games, the less number of decks is used in the game, the better the game is for the player.

Look for tables with minimum number of decks, but make sure the game does not have any extra rules that could influence your odds, like other payouts or special rules on ties.

Another strategy is to never bet on a tie. According to baccarat odds, the tie bet gives a casino the advantage of 14.4%. This means that even with a 5% banker’s commission, the tie bet is still the worst on the baccarat table. Remember, though, the best strategy that you could ever get is to quit when you’re ahead.

Now, that you know all about baccarat, all you need to become the infamous 007 is a super-hot car and an even hotter girl, and you’ll be well on your way.

   
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