Casino & Table Games
Baccarat odds
Baccarat odds are the probabilities and payout ratios attached to the Player, Banker and Tie wagers, together with their implied house edge.
- Banker win probability
- 45.86%
- Player win probability
- 44.62%
- Tie win probability
- 9.52%
Key points
- The Banker bet has a house edge of 1.06% on an eight-deck game, the lowest of the three main bets.23
- Player pays 1 to 1; Banker pays 19 to 20 after a 5% commission; Tie typically pays 8 to 1.12
- Fair odds for any bet equal
(1 / probability) − 1to 1.5 - The Banker bet wins 45.86% of the time, Player 44.62%, and Tie 9.52%.4
Where this term is used
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Sources
- Baccarat en.wikipedia.org Provides the standard payout ratios and the general definition of baccarat odds.
- Baccarat Basics - Rules, Strategy, and Tips for Beginners wizardofodds.com Gives the house edges for Banker, Player and Tie on an eight-deck game.
- House Edge of Casino Games Compared wizardofodds.com Confirms the house-edge figures for the three main baccarat bets.
- Baccarat - FAQ wizardofodds.com Supplies the exact win probabilities for Banker, Player and Tie.
- Craps - Probability wizardofodds.com Provides the fair-odds formula used in the key points.
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.