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Mini Baccarat Tips

Jack Jones — Thu, 10 Jul 2008 22:34:13 +0000

HTML clipboardTrends and Streaks
Every baccarat table will have scorecards and pencils for you to keep track of the outcome of every hand. Most players carefully analyze their scorecards and try to spot trends and streaks. A common streak play is to play the last winning hand. For example, if the bank just won, bet on the bank hand. If the players hand just won, make a bet on the player. This way you you are placing your bets on that hands streak and may want to slowly increase your bets but come back down when it loses. It is not uncommon to see streaks up to 15 or more on the same hand.

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Tie Bet
As stated in our rules, tie bets payoff is 8 to 1 but is a bad bet and have a house edge of over 14% compared to just 1% on either banker or player. Make it part of your playing strategy to never places a sucker bet on the tie.

One and Six Decks
The less decks the game is played with the better it is for you. You will only find one and six deck baccarat online. The house edge on a 6 deck game is the same for banker and player but the tie bet increases to 14.44% compared to 14.01%. In a single deck game, The house edge for banker drops to just 1.01% but raises the house edge on player to 1.29% compared to 1.24% on 8 deck games and raises the house edge on tie bets to an astonishing 15.75%!

Mini Baccarat Rules

Jack Jones — Thu, 10 Jul 2008 22:31:27 +0000

HTML clipboardMini-baccarat is one of the easiest games to play with little or no skill. Mini-baccarat is played at a blackjack sized table using a fixed set of rules for both the player and dealer. Players simply wager on which of the two hands of cards adds up to or comes closest to 9.

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Two cards are dealt for both the player and banker and depending on the initial cards dealt, a third card may be drawn. The winner is the cards whose total is closest to 9.

The game is played with eight decks of cards. Each numbered card less than 10 is worth its face value and tens and face cards are worth zero. The player makes no decisions on drawing because it is done by the set rules. Other than placing the bet, there is no thinking required on the players part.

Play begins by the players betting on either the “player”, “banker”, or “tie”. After all bets are down, the dealer gives two cards each to both the player and banker positions. The winning hand is the hand whose total is closest to 9. A two card total of 9 is called a natural and cannot lose. The 8 is the second best hand and is also called a natural. If both player and banker are dealt identical hands, it is a tie and niether bank or player wins.

If neither hand has a natural, the player’s hand is always the first to be played, followed by the dealer. If the first two cards total five or less, another card is drawn. If they total six or seven, no furthur cards can be drawn. No more than a total of three cards can be drawn for either hand and when both hands have been played out, the total closest to nine wins.

Calculations have been made to show the odds of the player winning are 44.62%, losing 45.85%, and tying 9.53%. Those percentages clearly show betting on the banker is the wiser bet. To even out the odds, the house charges a 5% commission on winning bets placed on the banker. Factoring in the commission, it still shows you are better off betting on the banker everytime. The player has a disadvantage of 1.36% to the house, while the banker has a disadvantage of 1.17% AFTER playing the commission. The tie bet is the worst bet and has a house edge of 14.04% so don’t bother making this bet as part of your strategy.

Baccarat Win Expectations

Jack Jones — Tue, 08 Jul 2008 22:37:49 +0000

In baccarat, considering only rounds that don’t tie, the probabilities of winning are 49.3 percent for Player and 50.7 percent for Banker. This is sometimes expressed as “Player should (or is expected to) win 493 out of every thousand hands, and Banker should (or is expected to) win 507 out of a thousand.”

But don’t expect what the math says you should. Pretend you sit through a thousand decisions, about four hours of minibaccarat, betting $10 per round on Player. Winning the “expected” 493 hands would put you $5,070 – $4,930 or $140 in the hole. This deficit results from the house edge. However, nobody would play $10 baccarat for four hours expecting to lose $140. The ego trip of a comp at the $13.95 all-you-can-eat buffet isn’t worth that much.

In fact, solid citizens who enjoy the action and use an exit strategy such as “four hours or bust” have reason to expect they’ll win at least half their rounds, 500 or more in this case. That is, to anticipate breaking even or coming out ahead. The disparity arises because “expected” has a different denotation in ordinary parlance than in statistics. There, it refers to an average. Under many circumstances, it’s also the condition with the largest chance of occurring, although usually not by much.

For instance, in a thousand bets on Player, the chance of exactly 493 wins is 2.523 percent. That of being one win away, 492 or 494, is close at 2.518 percent each. Similarly it’s 2.503 percent each for 491 or 495 wins and 2.478 percent for 490 or 496.

More useful to know is the likelihood of hitting or exceeding the break-even 500-win mark. The chance of a wash after a thousand decisions, 500 wins and losses, is 2.287 percent close to the expected value. The probability of a $20 profit, winning 501 and losing 499 hands at $10 each, is 2.219 percent. A $40 profit, 502 successful rounds, is 2.145 percent. Chances fall faster as potential profit rises further. For a $100 gain (505 wins), it’s 1.891 percent. A $200 net (510 wins) is 1.415 percent. And the probability drops below 1 percent at $300 in earnings (515 wins).

While the percentages for particular small wins or losses are comparable in magnitude, the line between agony and ecstasy becomes sharply drawn as sessions proceed. Overall, the chance of completing a thousand hands where you started or in the money, by winning at least 500, is only 34 percent. The complementary likelihood of losing $20 or more is nearly double, at 66 percent.

And that 66 percent includes losing a lot more. Make believe you have ample resources, so normal downswings don’t send you to the lockers. The flip side of that chance of breaking even or winning is 34 percent of obtaining 486 or fewer wins, a loss over $260.

Your potential for profit improves as games get shorter. Perhaps you gamble by the clock but only want half as much time two hours, about 500 rounds. The chance of finishing even or with a profit improves a bit. It’s 39 as opposed to 34 percent.

In the limit of one round, your chance of joy is 49.3 percent. At three rounds, it’s 49.0 percent. This drops to 48.7, 48.5, and 48.3 percent for five, seven, and nine rounds respectively. Keep plugging away for 25 rounds and it falls to 47.2 percent.

Prospects are brighter if you’d be happy breaking even as well as finishing flush. For this, you need even numbers of rounds with equal numbers of wins and losses. The probability then starts at 74.3 percent for two rounds, 67.7 percent for four, and 64.3 percent for six. It’s down to 55.3 percent for 24 rounds.

The underlying gambling principle is that you can establish multiple goals. These might include playing time on your stake, and a profit with which you’ll be satisfied to quit. But the two tend to counteract each another. The higher you set the one, the lower your likelihood of achieving the other. This doesn’t mean it’s an “either-or” proposition; rather, recognize it as a compromise. Like most choices in and out of the casino.

Worst Bet in the Casino

Jack Jones — Mon, 02 Jun 2008 19:09:01 +0000

There are plenty of bad bets that you can make in a casino, and by bad we mean they have astronomical house edges. However, the casinos don’t want to get rid of these games because the suckers keep on coming in and laying down their hard earned cash. We don’t want you to be one of those suckers so let’s take a look at some of the worst of the worst.

Blackjack

Insurance – Unless you now how to count cards, this is a wager that you are going to want to avoid. Depending on the rules of the table you are playing, the casino will have a house edge of 5% to 8%. If you insure a hand in a single-deck game where you have two face cards, the house edge jumps all the way up to 14.3%.

War

Tie Bet – Stay away from this 18.65% house edge for the casino before you drain your bankroll.

Baccarat

Tie – Again, ties are terrible bets that in this case has a house edge of 14.1%

Caribbean Stud

Side bet – The progressive meter jackpot has suckered in more than a few players, but don’t fall into that trap. The odds of being dealt a natural flush is 650,000 to 1, so even if a $100,000 jackpot looks tempting, it shouldn’t be.

Let-It-Ride

Side Bets – also carry a double-digit casino edge.

Craps

Proposition Bets – Don’t let anyone talk you into things like number bets, with a 16% casino advantage.

Here is list of sucker bets found on a crap game along with their
house edge.

Big 6 & 8 (9.1%)
Hardway 6 or 8 (9.1%)
Hardway 4 or 10 (11.1%)
Any craps (11.1%)
3 or 11 proposition (11.1%)
2 or 12 proposition (13.9%)
Any 7 (16.1%)

Most Sic-Bo Bets: Place a bet on anything except Big or Small, and you’re looking at a house edge of from 7.87% to 18.52%.

The Big Six: Any bet on this game has a minimum house edge of 15%. I’d run from this game.

Keno: This game of luck has an extremely high house advantage, at the bare minimum of 25%.

The 5-Number (0, 00, 1, 2, 3) wager in roulette: This bet has a casino advantage of 7.89%. We’re not through. The house edge on a Double Zero roulette table is 5.26% against you no matter how you bet it. If roulette just happens to be your favorite game, at least look for the single zero wheel where the house edge is down to the 2% range.

Indeed, there are more, like one-armed bandits in general, or haphazard and hunch play at blackjack or video poker, but the gist of it, Charles, is that the casino figures so long as you are giving your hard-earned money away, you might as well be giving it to them with the wagers listed above. But if you choose your bets wisely, you can drastically affect the outcome of your casino visit in your favor, not theirs. Not a bad idea.

Scorecards in Baccarat

Jack Jones — Sat, 17 May 2008 15:47:34 +0000

It seems that almost every baccarat table that we have ever played at has scorecards for the players to use. Players will sit at the baccarat table with their scorecards and pencils marking away as to the outcome of every hand, hoping to pick up on trends that will help them determine to bet either the player or the banker.

However, if you do much reading on this site, you know that each hand should be a completely independent event. If the shoe and dealer are legit, previous hands have absolutely no effect on the upcoming round of play. Quit wasting your time tracking the outcomes of each baccarat hand and start betting the bank hand more than the player, the house edge on the banker hand is 1.06% while the player’s is 1.24%.

House Edge on Tie Wagers in Baccarat

Jack Jones — Mon, 18 Feb 2008 20:39:26 +0000

We received an interesting note from a player this week about how they had been stuck on a losing streak in the casino and were thinking about mini-baccarat. They wanted to know if there were any secrets to the game that would help them win a little money, and this player was especially curious about betting on the tie. This is one bet that we will tell you to avoid at all costs.

The tie bet is the only proposition wager on the table, and it’s a lousy one for the player. Statistically, a tie appears every 10.5 hands, but the casino is willing to pay you only 8:1, which gives the house a 14.4 % edge on a tie wager.

If you really want to make some money at the baccarat table then you will need to stick to Banker or Player wagers. You will not change your losing ways by betting on the high vigorish proposition bets such as the tie when you can take a stab at the other two, which are far less punishing, alternatives at the table

Easy Casino Games to Play

Jack Jones — Mon, 18 Feb 2008 12:59:37 +0000

Some people want a challenge and some want easy casino games to play. Whatever your poison we want to get you aligned with the game that is the right fit for you. You most likely want the game that has the lowest house edge, so use that as your first hurdle to pass before getting your action.

There are a lot of people who do not understand what the fascination is that people have with slot machines. All you really do is insert a coin, pull the lever and repeat. For some out there this can seem almost mind numbing. There are a lot of players who only sit at the blackjack table because to them they have more control over their outcomes. But, blackjack isn’t the only worthy wager the casino offers. True, games like blackjack or video poker involve some skill; but there are plenty of others, for instance craps, where placing the correct bet in the right place on the layout can give you a high degree of determination over the outcome.

Others out there who are new to casino gambling and would like to find something in the casino that is very easy to play (where no brains are needed), and the house edge isn’t sky-high.

As for slots, besides the fact that little gray matter is needed to yank a handle, players like them because they are playing against a machine that doesn’t talk back, nor snicker at shabby play, not give a hoot whether and how much you win or lose, oh, and I forgot to mention, give you a shot at those progressive bonus jackpots that allow you to fantasize of champagne wishes and caviar dreams.

Casinos love providing those mind-numbing machines because they don’t talk back to the management, they don’t ask for Christmas week off, and they don’t require medical and dental insurance, oh, and — how could I forget —they’ve got that cozy double-digit casino edge on most machines.

But not all slots pillage your pocketbook. Casinos do offer “liberal” slot machines. What I mean by liberal slots are those in the casinos that advertise a higher payback percentage-like a 98.5% return-on selected machines. You’ll need to find a casino advertising liberal paybacks, you’ll then need to ask someone in slot personnel which machines those are. Sure, continually pressing a credit button might be monotonous, but you’ll have to use your noggin for machine selection.

As for any newbie with little or no casino gambling experience who wants something effortless to play, I would recommend baccarat. Baccarat is one of the easiest casino games to play (you don’t even have to know the rules because correct hitting is predetermined), and the stakes are relatively low when you play on a mini-baccarat table. The house advantage is either 1.17% when betting the bank hand or 1.36% with a player hand wager.

Card Counting in Blackjack & Baccarat

Jack Jones — Mon, 18 Feb 2008 11:44:19 +0000

There are many questions on card counting in blackjack and baccarat. We take a look at if a casino can reshuffle a deck before it gets to the cut card, and if card counting in baccarat can earn you a better return on your money. Remember that if you have any other questions, comments, or suggestions then you can always shoot us a quick email to learn more.

When you are playing blackjack a dealer will normally insert a cut card anywhere from the halfway mark to three quarters of the way into the deck or decks. Card counters can gain an advantage the deeper the deck runs, so casinos will try to put a stop to the profit potential by putting the cut card in closer to the front of the deck or decks. The profits for counters will dwindle when the card is inserted closer to the front because it’s harder to rack up higher plus and minus counts when there are smaller sets of cards in front of them. In every jurisdiction casinos can also legally shuffle the deck before the cut or burn card if management suspects card counting. Even after a few rounds in a multi-deck game or a single turn in a one deck game you might find a “shuffle-up” occurring.

The problem with all that shuffling though is that the players who aren’t counting cards are not getting as many rounds of play in. The down-time between shuffles gives them a chance to pick up and walk away, and also the players that are on a time-crunch will not have as many hands played, cutting down on the profits the casino would be able to enjoy from these recreational players.

Baccarat is another card game in which the cards are dealt and then placed in a discard rack, not reappearing again until after the shuffle. Knowledge of the remaining cards could be used for a counting system, but it would take a lot of brain power for only a small advantage earned. In this game the house edge is very small anyway, 1.17 percent if playing the bank and 1.36 if playing the player bets. Some of the best minds in the card counting game have held that if you use a perfect system for baccarat you could earn less than ten cents per day, which is simply not worth the effort.

Baccarat Tips

Jack Jones — Thu, 07 Feb 2008 16:35:29 +0000

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There are plenty of individuals out there who are looking for baccarat tips, so read up here and you can find all the information you will need to get started. There are a lot of articles here at the site to help you improve your entertainment with gambling.

One of the first things beginning players try is to “follow the shoe.” This simply means that whoever won the last hand either the player or the banker you would bet the same on the next wager. You would enjoy profits any time there is a streak, but would have trouble when the play is spotty, going back and forth. This strategy isn’t going to help you out much though, because baccarat is a game of chance. This means that past events will have no influence on the outcome of the next hand, so don’t waste your time or resources trying to keep a count.

If you want real baccarat tips they should focus on how to manage your money. Get a betting system that you can use at the tables because this is what the professionals try to accomplish. Here is the management system we recommend, try to bring 30 times the amount of the minimum bet for the table you are going to sit at. So for example if you are sitting at a table with a $10 minimum then you should bring $300 to the table.

If you want to practice baccarat tips before stepping into the casino then you should try you hand at games online. This way you don’t have to worry about the intimidation factor of stepping up to the tables with other players when you are unsure of how the game works. Plus, you’ll get better odds online for almost every game than you will when you go to a land-based casino. Check out our casino review to find the place that is right for you in terms of games, bonuses, and banking options.

The last of our baccarat tips are to set winning and losing limits for your bankroll. When you are way up and then lose part of your stack back you always kick yourself for not stopping sooner. If you have a number in mind and get to it, then stop. This will make the game more enjoyable. On the other side, if you are having a down night, then set yourself a stop limit. Don’t lose more than you can afford to lose.

Baccarat is a great game, and if you keep these tips in mind then you should have even more fun playing the game in the casino.