What’s a Tie Bet in Baccarat and What Does it Pay Out?

What’s a Tie Bet in Baccarat and What Does it Pay Out?

What’s a Tie Bet in Baccarat and What Does it Pay Out?

Baccarat is one of the best bets that a gambler can make at the casino. If you don’t want to think too hard at the blackjack table, then baccarat is the best bet. TheSportsGeek is examining the baccarat tie bet and baccarat tie bet odds.

Baccarrat has the best casino odds for a game with completely random chance.

For instance, in blackjack, there are strategies that can be employed, including basic strategy to increase your odds of winning. The same goes for video poker. However, baccarat is a random bet, with the player having no control over the outcome.

MUCH BETTER BET THAN ROULETTE

Roulette is seen as the king of random event gambling, but baccarat is the far better bet. With a house edge of 5.26% on a double-zero wheel, baccarat is superior with a house edge of 1.06%.

This also beats pass and don’t pass bets at craps, which have house edges of 1.41% and 1.36%. There is a reason that baccarat is popular with high rollers. Live dealers are also available at the best online casinos, unlike craps.

What about the baccarat tie bet? Is there a baccarat tie bet strategy?

We will get into the baccarat tie bet odds and whether the tie bet is worth betting. Should you wager on the baccarat tie bet or stick betting the Banker or Player? The baccarat odds will tell you the full story.

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What is a Bacarrat Tie Bet?

There are three baccarat bets that a gambler can make at the table, not including potential side bets. Side bets always have the worst odds, so we recommend avoiding them altogether.

The most popular baccarat bets are the Banker and Player bets.

The Banker has the highest probability of winning at baccarat. There is a 45.8% chance that the Banker bet will win. The Banker’s hand has a house edge of 1.06%.

COMMISSION CHARGED

The house will charge a 5% commission on all winning Banker bet wins. If the Banker’s hand is better than the Player’s hand, then this is a win, but with a 5% commission. In any case, it still carries a strong 1.06% edge.

The gambler has a 1.24% edge on the Player’s hand, so it’s still a better bet on the Banker’s hand. Then there is the baccarat tie bet, which isn’t used as much as the two other wagers.

The tie bet wins if the Banker’s and Player’s hands are equal to one another after the cards are dealt. There is no winner on the Banker or Player. They receive a push and refund on their bets.

Bets are refunding for the Banker and Player, though if you have bet on the Tie, this wager is paid at an impressive 8/1. The tie bet has a 9.6% chance of occurring on every hand.

Baccarat Tie Bet Strategy

Is the baccarat tie bet worth making at the table? This will tell you if a baccarat tie bet strategy is worth making for your next session.

HIGH HOUSE EDGE

Baccarat is one of the best bets in the casino, but this doesn’t include the tie bet. The house edge for a tie bet is an incredible 14.4%.

If you are feeling lucky, then this is what your baccarat tie strategy should be at the baccarat table. It isn’t much of a strategy, but you’re going to have to get lucky to win long-term on tie bets.

Edge sorting casino cards by expert advantage players is a strategy, but this is incredibly difficult and casinos are getting much smarter. It’s highly unlikely to find a deck of cards with imperfections at the casino. Doing this online at the live dealer is next to impossible.

Conclusion

In review, the baccarat tie bet is the worst bet to make when playing baccarat. If you are looking to make the best baccarat bet, then don’t consider the tie.

The 8/1 odds are tempting, but in the long run, you will lose playing the tie bet consistently.

To put things in perspective, there are slot machines with better odds to win than the tie bet in baccarat. Slots have a house edge of around 10% for most machines, and with the baccarat tie bet at 14.4%, it’s a no-win situation. Luck must be on your side.

What Is The Best Bacarrat Bet?

Follow the odds, which indicate that the Banker’s hand is the best bet to make at baccarat. Despite having to pay a 5% commission, the casino only has a 1.06% house edge on the Banker’s hand. The 5% commission is a mirage trying to get you off this bet for the Player and Tie.

Gambling is about having fun, so if you want to go for the big 8/1 win, then have it. Playing the Banker’s hand every time might get a bit dull. However, just be aware the tie hand isn’t the best baccarat bet and the odds are heavily stacked against you.

For the best baccarat online games, check out our list of the top online casinos.

Author: Tamara Kim