Perhaps the hardest thing about Online Baccarat Rules and Strategy is knowing how to pronounce the name of the game. It's "bah-caw-rah", not "back-a-rat". Baccarat is one of the easiest table games to play. Baccarat rules are not complicated, you'll grasp them quickly.
All you need to decide is whether to bet on "bank", "player" or "tie". (Betting "tie" is not recommended because the house edge is too high). Except for the tie bet, Baccarat has a very low house edge - 1.24 % if you bet on Player and 1.06% for bets on Banker.
There really is no need to know baccarat rules precisely. It's pretty much a game of chance, all you really have to do is decide whether you think player or banker will win, and bet accordingly. Beyond that, knowing the basic baccarat rules will certainly help you follow what is going on, making the game a lot more enjoyable.
Two hands are dealt, one for the "player" and one for the "banker". You can bet on one or the other. If the hand you bet on wins, you receive a 1 to 1 (even money) payoff. You can also bet that the hands will tie, but as mentioned above, it is not recommended. You receive an 8 to1 payoff, but ties occur less than once out of every ten hands, making the tie bet a poor choice.
At the start, each hand receives two cards. The aim is to draw a count of 9 or close to it. When necessary, additional cards are drawn according to the baccarat rules. Tens, Jacks, Queens and Kings count 0. The Ace counts 1 and cards 2 through 9 are at face value. The hand that comes closest to a count of 9 wins. Hands don't bust like in Blackjack, because the first digit of a two-digit number is always dropped. For example, if 5 and 7 are drawn for a total of 12, the count is 2. When there is a tie, nobody loses.
A dealt total of 8 or 9 points is called a natural, and no additional cards will be drawn. It is an automatic win unless the opposing hand has a higher natural (a 9 vs. an 8), or the hand is a tie.
On all other totals, 0 through 7, the drawing of an additional card depends strictly on established baccarat rules of play. There is never more than one card drawn to a hand in any case.
The player need not be familiar with baccarat rules for drawing on the third card. The dealer will direct the action and request that a third card be drawn if the baccarat rules require it. Just follow the caller's instructions - it's that easy!
Baccarat calls for just a few decisions: How much to bet and whether to bet on the bank, on the player or on a tie. Seasoned players avoid betting on ties, and for good reason. The casino will pay nine for one odds (which is really eight to one) if you bet that a hand will tie and it does. The casino advantage on this bet is over 14%. The casino has a 1.06% edge on the banker's hand, and a 1.24% edge on the player's hand. This percentage might lead you to assume that you're better off betting with the banker. But keep in mind that the casino charges a commission of 5% on your winnings when betting with the banker.
Even after paying a 5% commission on winning banker bets, betting on "banker" is still a slightly (0.19% to be exact) better proposition than betting on "player". Banker hands win more often.
All bets are made before the cards are dealt. In live games every player at the table gets a chance to deal the cards, but baccarat rules say you don't have to deal if you don't want to, just pass the shoe to the next player. If you have the bankroll (often $25 or more minimum bet), don't let the tuxedoed dealers and fancy surroundings scare you away.
Play Baccarat at on online casino and you won't need to feel intimidated stepping into a fancy, roped-off baccarat pit. And, on the computer, you'll be able to play at considerably lower limits (and in your pajamas if you like).
In even-money betting you can't hope to get ahead if you wager the same amount each time and collect after every win. In order to win more you have to risk more. But as a smart gambler you bet bigger using your winnings, not the money you brought to the table.
In baccarat it is not uncommon to win 3 or 4 consecutive decisions. This is what would happen if you aim to exploit such streaks by letting your winnings multiply.
Perhaps you want to push your luck and go for four consecutive wins, collecting 16 units. But consider that you might give back your gains. Then again, if the fourth round indeed turns out to be a loser, you've lost only one unit of the money you brought to the table, so maybe going for a 16 unit win is worth the risk. You decide.
The main thing is to set win and loss exit points. Decide how much money you can afford to risk in total and how much of a win you'd be happy with. Quit as soon as you reach one or the other of those limits.
For those more adventureous players who wish try their hands at other games - Find yourself at texas holdem. Need a help with poker basics? Do not worry, there are answers to your questions at famous online gambling websites.