Baccarat is an elaborate coin flip game and you’re expected to hover around zero for most of your playing time, getting ahead of the game at times while falling behind at other times.
How to win baccarat? There are various strategies to play baccarat but now this will be a somewhat obvious trick: as soon as you’re ahead by a specified amount, get up and leave the table. Duh, right? Calling it quits at precisely the best moment – when you have some winnings in your pocket – is the only baccarat strategy that guarantees you’ll leave the table as a winner. It’s a simple way to win yet it will ensure you win baccarat consistently every time.
In practice, imagine your bankroll for that evening for baccarat is 1000 and your bet is 20. If you set your goal to +100, you’ll leave the table as soon as that goal is reached and you won’t look back. At the point when you win 5 more decisions than you lose you’ll call it quits because you know it will go downhill from there.
During the course of the game you will use any of the other baccarat strategies for choosing a side or/and managing your bankroll, or you’ll just be having fun trying to guess will the Banker or Player win, and eventually you’ll enter a streak that will take your profits to +100. At that point it’s important to call it a day, as inevitably the game of baccarat will turn on you and start eating up your profits.
What to do if you’re in a losing streak, you ask? Well, just keep playing. With your usual stake. Since it’s a coin toss game, you’re inevitably bound to win your money back, provided the number of decisions is high enough – which means you should have a bankroll large enough to keep you playing for a while even in case of a bad run.
The beauty of this baccarat system is that it’s perfectly possible to do it online. For this purpose, it’s identical to the land-based casino baccarat. Alright, that’s a lie. Online baccarat, whether it be mini baccarat or live dealer baccarat, is better because you get deposit bonuses, cashbacks and loyalty points.
It will be easier to use our cunning trick to make money on baccarat consistently if playing online. The bonuses will help. Near the end of the article is a selection of casinos that offer deposit bonuses which can be rolled over on table games, baccarat included.
Now when you know your strategy, here are five tangible tips and one bonus tip, all free:
#1 Don’t bet on Tie
Banker has a house edge of 1.06%. Player has a house edge of 1.24%. Meaning, you’re expected to lose 1.06 units for every 100 units wagered on Banker and 1.24 units for every 100 units wagered on Player.
These are very decent house edges compared to other casino games!
And now comes in the Tie. That bet comes with a house edge of 14.4%, making it a complete waste of money, and therefore you should never ever bet on it, and should exclude it from all your baccarat winning strategy calculations as if it doesn’t exist. For all practical purposes it doesn’t, as Tie is a push.
Tip: If you want to get an additional edge over your live dealer, you may wish to consider baccarat card counting. It isn’t that difficult to learn and it applies to the EZ Baccarat which uses eight decks and which you can find at some live casinos. More specifically, card counting may give the player an edge when playing the two side bets of EZ Baccarat, Dragon 7 and Panda 8.
#2 Banker is no better bet than Player
Banker wins slightly more often. However, winning bets on Banker are taxed with 5% commission in order to compensate for the higher likeliness of Banker winning, and that makes the Banker bet a worse choice when you did win, as you’ll win $95 instead of $100 on a $100 bet.
Banker wins 45.86% of the time, Player wins 44.62% of the time, and 9.52% of hands result in ties. Since ties push, Banker wins 50.68% of the time when there is a decision, and Player wins 49.32%. With 5% commission on Banker included, we get an equivalent of 48.15%. Consistently betting on Player will get you +2.4% better return than betting on Banker, when you consider one hand. Since there are slightly more combinations which result in a Banker win (roughly 2.76% more, when all numbers are factored in, Banker is a better bet by 0.36%. That’s when the entire range of trillions and trillions possible outcomes is factored in.
For all practical purposes, 0.36% is meaningless, and definitely not worthy of that old advice you can read everywhere on the internet, “bet on Banker”. Betting on Banker won’t magically improve your game and won’t make you a baccarat winner. So ignore that advice and consider Banker and Player equals.
There’s one exception to the above. In 5Dimes Bonus Casino, every Monday from 2pm to 8pm EST, Bonus Baccarat Zero offers increased payouts. Banker pays 0.9725 (instead of 0.95) and Player pays 1.027 (instead of 1) while Tie pays 9.5 (instead of 8 or 9). In this particular case, Player is a better bet. Click the banner below or click here to register at 5Dimes and play the highest-paying baccarat in the world. 5Dimes accepts all customers and deposits are made with Bitcoin and then converted to dollars.
#3 Check the odds
Not all baccarat tables are the same. Check the odds on winnings when you join a new casino. Player bet is always evens (1:1) and that almost never varies, but the commissions on Banker wins do vary. 5% is the standard, but there are places that offer less than 5%, and places that charge as high as 25% commission. Not that common, but do make a habit out of checking the odds on your baccarat table, whether you’re online or in a land-based casino. Just to make sure. The Bet365 live baccarat example on one of the above images has side bets. Of course you won’t take these, but it’s important to read the table before you put money on it.
5Dimes have the best possible odds on baccarat. Commission on Banker wins is not 5% but 4%, and Player pays out not 1 but 1.01. Also, Tie pays 9.4 to 1. These numbers are amazing and there’s no reason to play baccarat anywhere else.
Like we said above, on Mondays between 2 PM and 8 PM Eastern Standard Time (EST) it gets even better as Banker commission is cut to 2.75%, Player wins are increased to 1.027, and Tie pays 9.5 to 1. And that means that during these six hours every Monday baccarat is a game where you, the player, has the edge! Play baccarat at 5Dimes.
#4 Keep it short
The odds are against you, so playing for a longer time with a bigger number of iterations will inevitably eat up your bankroll little by little as the outcomes near their respective mathematical probabilities. The trick is to keep it short in order to benefit from a smaller sample of outcomes that might just go your way. For example, if you’re consistently betting on Player, you will – in smaller samples – find streaks of four or five wins in a row. In a larger sample the number of Player wins will tend to go towards 44.6% which is its mathematical probability.
#5 Take the bonuses
Needs no further explaining. Baccarat is among the best games you can play, with that low house edge, but the house still does have an edge. With a deposit bonus you’ll have the edge and you’ll most likely come out on top, winning a nice sum. Not all casinos allow their deposit bonuses to be used with baccarat. These do, and you should go through each of the casinos on the list:
Casinos are reluctant to let you rollover the bonus on baccarat, which is yet another sign baccarat is a good game to play. We’ve made a special effort to find bonuses which are rich (baccarat is a high roller game) and where baccarat contributes at least 20% to the rollover requirements.
Bet365 have New Player Bonus 100% up to €100 (20x rollover Bonus + Deposit) or VIP Bonus 50% up to €500 (30x rollover Bonus + Deposit). Baccarat will contribute 25% to rollover. US customers not allowed.
3Dice Casino have a 110% first deposit bonus up to $100, or VIP bonus 50% up to $500. Baccarat contributes 25%. No live dealers, usual payout. 30x rollover. US, UK and EU accepted.
There is also a bonus that’s for Bitcoin only and you can get it at Cloudbet. They’re giving a 100% bonus up to whopping 5 BTC, and the bonus is released in increments as you earn loyalty points. To earn 800 loyalty points and release 0.1 BTC from your bonus, you roughly need to stake 1.2 BTC.
Alternatively, to get even more in-depth information, read our dedicated baccarat bonuses article, learn more about baccarat card counting and baccarat pattern recognition, or see the list of all casinos tagged with baccarat bonus.
Bonus tip: Pronounce it right
Nothing will pronounce “amateur” like mispronouncing the name of a high roller game. Baccarat is pronounced with a silent “t”, “bah-cah-rah”, and not “back-a-rat”. Don’t back a rat unless you want to sound like someone who mispronounces Versace or Gucci. Baccarat is a high class game, treat it as such.