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This article has over 539,479 views and 93% of readers who voted found it helpful, earning it our reader-approved status. Article Summary Community Q&A Baccarat is an exciting game, full of suspense and intrigue! A game of baccarat has three possible outcomes: Player win, Banker win, and tie. Participants in the game have the option to bet on either the player or bankers hand.
Baccarat is a card game that is dealt from a shoe that holds 6 or 8 decks of cards.
Two hands are dealt by the house dealer, the "banker" hand and the "player" hand.
Before the hands are dealt, bets may be placed on the banker hand, on the player hand, or on a tie.
Winning bets on banker or player are paid 1:1, but a commission of 5% is charged on bank bets making the net odds on such bets 0.95 to 1.
Some casinos may charge a lower commission (e.g., at this writing, Binion's Horseshoe in Las Vegas charges 4%.).
Some sources report that tie bets are paid 8:1, while others claim that tie bets are paid 9:1, so this may vary from casino to casino.
If there is a tie, bets on the banker or player are returned.
Once a bet has been placed, there are no opportunities for further decisions -- both the banker hand and the player hand are dealt according to fixed rules, resulting in final hands of either two or three cards for each.
The value of a hand is determined by adding the values of its individual cards.