Baccarat
Odds
The goal of this relatively straight forward game is to
draw a two or three card hand with a value closer to 9 than
the bankers hand.
The Value of the Cards
Numbered cards have their face value.
10, Jack, Queen and King count as 0.
Ace counts as 1.
If the value of your cards is more than ten, you subtract
10. So a 8-9 hand totals 7 (after subtracting 10 from 17)
Complex calculations are used to determine that the banker
will win 50.68% of all non-tie hands and the player 49.32%.
Using $100 worth of bets against these percentages shows
that you can expect to lose $50.68 and win $49.32. The difference
between the two is $1.36, hence a 1.36 house edge against
the "player" bet.
