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online baccarat question

Discussion in 'Online Casinos' started by tennis_balls, Dec 17, 2006.

    Dec 17, 2006
  1. tennis_balls

    tennis_balls Dormant account

    Occupation:
    fish n chips promoter
    Location:
    Albuquerque, NM
    i'm new to baccarat

    it always seemed like a dumb game to me. after reading about its small house-edge, I finally gave it a try and now I rather enjoy it.

    the only thing I don't get is the house edge. does the banker hand really have that big of an advantage over the player hand that it's a slightly better play even with the 5% commission?
     
  2. Dec 17, 2006
  3. tencardcharlie

    tencardcharlie Dormant account

    Occupation:
    Bureaucrat
    Location:
    The playboy mansion.
    Yes, it does.
     
  4. Dec 17, 2006
  5. Tagdog

    Tagdog Dormant account

    Occupation:
    Sales
    Location:
    England
    if you want to play bacaract kismit leisure casinos (eg Harrods) have 4% commission instead of 5%
     
  6. Dec 18, 2006
  7. aka23

    aka23 Dormant account

    Occupation:
    Technical
    Location:
    Planet Earth
    There is little difference in the house edge between the player and banker bet. If you have a superstition about player or banker hitting, then choose whichever one you want.

    The banker has a 45.9% chance of winning, and the player has a 44.6% chance of winning (9% ties). This makes the house edge on the banker bet .459*.95 -.446 = ~1.0%. And the house edge on the player bet .446 - .459 = ~1.3%

    Note that Real Time Gaming casinos round down the commission to multiples of 0.25, so if you are not betting a multiple of 5, then the player bet may have the lowest house edge. For example a $1 bet has a 25 cent commission. This makes the house edge on banker bet .459*.75 -.446 = ~10.2%! While the player bet still has a house edge of 1.3%.
     
  8. Dec 18, 2006
  9. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    No good for tennis_balls - no USA at Kismet.

    (His location UK = UnKnown (in the USA) :) )
     

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