Gambling terms, explained straight

Casino & Table Games

Baccarat odds player vs banker

The player-vs-banker odds compare the chance of winning and the payout for the two main wagers in baccarat: betting on the Player hand or the Banker hand.

Player win probability
44.615% (eight-deck game)1
Banker win probability
45.843% (eight-deck game)1
House edge
Player: 1.24%; Banker: 1.06%23

Key points

  • The Banker bet wins more often than the Player bet (45.843% vs 44.615%) but pays 19-to-20 due to a 5% commission.1
  • The house edge on Banker (1.06%) is lower than on Player (1.24%), making Banker the better wager in standard baccarat.23
  • Ties occur 9.543% of the time; the Tie bet carries a much higher house edge and is not part of the player-vs-banker comparison.1

Where this term is used

Not the same as

  • Baccarat banker rules — a set of drawing rules for the Banker hand, not betting probabilities or payouts
  • Baccarat odds vs blackjack — a comparison of two different games' odds, not a description of baccarat's own Player and Banker wagers
Casino games Baccarat odds Covers all baccarat bets including Player, Banker, and Tie. Casino games Casino baccarat odds Explains the odds and house edges for standard casino baccarat. Casino games Baccarat game Overview of baccarat rules, gameplay, and betting options. Casino games Roulette odds Probabilities and payouts for roulette bets. Casino games Blackjack odds dealer vs player Compares the odds of the dealer versus the player in blackjack. Casino games Blackjack odds General blackjack probabilities and house edges.

Sources

  1. Baccarat - FAQ wizardofodds.com Provides the exact winning probabilities for Player, Banker, and Tie in eight-deck baccarat.
  2. Baccarat Basics - Rules, Strategy, and Tips for Beginners wizardofodds.com Explains the payouts, commission, and house edges for Player and Banker bets.
  3. Ask The Wizard #178 wizardofodds.com Confirms the house edge figures for Player and Banker.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.

Written and maintained by Ellis Warrender, writer and maintainer.

Last updated 28 July 2026. Spotted an error? Tell me and it gets fixed and logged on the corrections page.