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Baccarat School

Baccarat: The Banker Bet

Baccarat: The Banker
by Jason Green of Predictem.com

In the game of Baccarat there are three betting options available to you. The three Baccarat betting options are:

- To place your bet on the Playerís Hand
- To place you bet on the Bankerís (dealerís) Hand
- To place your bet on the Tie

When placing your bet on the three betting options for Baccarat you have the ability to bet any amount that you want from the minimum table about to the table limit.

In this article, we'll cover how you will act when betting as the banker.


The Bankerís Hand Bet

To place your bet on the Bankerís Hand you will place your chips (bet) on the Banker area on the Baccarat table. You will win the bet, after the cards are dealt and drawn, if the Bankerís Hand total is greater than the Playerís Hand total you will win the bet. This bet will also give you a payout of 1 to 1. However you will be charged a 5% commission that you must pay to the house. Therefore 5% of the amount you win on the bet will have to be paid to the house. The reason for the 5% commission is that the house edge is lower for the Bankerís Hand to win at 1.06%.

For the game to move along quickly the dealer will not collect the commission after every round of Baccarat. They will pay even money to the winning player and then keep a tally of the commissions that each player sitting in on the game owes. When the shoe is finished or if the player wants to stand up and leave the game is when the dealer will collect the commission.

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Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed. ~ Mark Twain