Odds, Probability & Bankroll
Baccarat odds payout
Baccarat odds payout is the rate at which a winning bet is paid, such as even money (1:1) for Player, 19:20 for Banker, or 8:1 for Tie.
Key points
- The Banker bet pays 19:20 because a 5% commission is deducted from winnings.23
- The Tie bet carries the highest house edge — 14.4% at 8:1 — making it the least favourable wager.13
Where this term is used
Not the same as
- Odds payout chart — a chart that lists payout rates for many bets, not the payout term itself
- Pass line odds payout — a craps term for the extra odds bet behind a pass line wager; baccarat has no pass line bet
- Craps odds payout — paid on an odds bet after a pass line or don't pass bet; baccarat payouts are fixed by bet type, not by point-based odds
Related terms
Odds & probability
Odds
Explains the general concept of odds in gambling.
Odds & probability
Roulette payouts
Covers payout rates for roulette bets.
Odds & probability
Betting odds
Introduces the different formats used to express betting odds.
Odds & probability
Fractional odds to decimal
Shows how to convert between fractional and decimal odds.
Odds & probability
Odds vs probability
Distinguishes the mathematical concepts of odds and probability.
Odds & probability
American odds
Explains the American (moneyline) odds format.
Sources
- Baccarat en.wikipedia.org Provides the standard payout rates and house edges for Player, Banker and Tie bets.
- Vigorish - Wikipedia en.wikipedia.org Explains the vigorish (commission) applied to the Banker bet.
- Baccarat Basics - Rules, Strategy, and Tips for Beginners wizardofodds.com Confirms the payout rates and house edges for the three main baccarat bets.
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.