Baccarat Max Bet – Baccarat is a classic game of chance, and that’s what makes it so fun to play. Come to the table and make your decision; will you bet on banker, player, or tie?
Once a bet is made, there is nothing you can do to change the outcome of the game, because you are dealt cards according to predetermined rules – you have no choice. However, that doesn’t mean you can’t manage your bankroll and ensure you arrive at the online baccarat table with the best odds.
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We spoke to baccarat expert Professor Eliot Jacobson shortly after receiving the Lifetime Achievement Award at the 2022 World Gaming Protection Conference in Las Vegas, and he gave us his advice on how to approach the game.
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What advice would you give to a new baccarat player coming to the table for the first time?
The most important thing is to be aware of all the small period variations that can occur. There are several variations of baccarat. There is a normal version of baccarat with a 5% commission on banker bets. Then there’s something called EZ Baccarat, which is a push if the banker gets three winning 7 cards and you bet on the banker.
Then there is another variation where if the banker wins with a 6 and you bet on the banker, he pays 1 to 2 – he pays half. So usually, as someone who invests in ensuring that his players lose as little as possible, my advice is to bet the smallest amount possible on the bet that has the smallest house edge, because they all lose. You always lose, and who wants to lose money?
So bet on the bet that has the smallest house edge, and depending on the variation, this can be the banker or player bet. Know the rules, know the edges, know which bets have the smallest edge and stick to them.
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The best variation by far is EZ Baccarat, where the banker wins three 7 cards is a push. Typically, a player’s bet has a house edge of 1.24%; on banker bets, you will earn a profit of between 1.02% to 1.43%, depending on the variant. On the EZ Baccarat variant, the edge is 1.02% on the banker side, so if you can find one and avoid side bets, which is the appeal of this variant, it will be the best way to play.
If you’re talking about basic blackjack strategy, strategy assumes that you have no additional information – all you know are the two cards you’re holding and the cards you draw along the way, as well as the dealer’s face-up card. So, a loss minimization strategy means reducing the house edge to the smallest possible amount.
In baccarat, you don’t make any decisions other than your bet – it’s the only effective strategy you have in the game. And having a strategy to minimize losses means always betting on the side with the smallest house edge.
Simply put, bet as little as possible on the bet with the smallest house edge – that’s the end of the baccarat story.
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The way I measure it is by using blackjack. Let’s say you bet $100 as your absolute maximum bet in blackjack and play 100 hands as your card counter. And let’s say we’re playing a shoe game, so you have a max bet of $100 when this account is really hot and high. It turns out that in a shoe game, you might make a profit of between $20 and $25 for every 100 hands spent.
Compare this to baccarat. Yes, you can count cards from banker or player bets. There are card counting systems and I’ve worked on them and simulated billions of shoes from those card counting systems, so I know exactly what they’re worth. In baccarat, a $1,000 maximum bet gets you $0.90 per 100 hands, so you’re betting ten times as much to win about one-twentieth of your earnings.
Plus, if you sit around, waiting for an opportunity when the shoe is rich enough in good cards for you to make a profit, then you’ll be making one or two bets every eight hours.
So the perfect baccarat card counter would have a $1,000 stack in front of him, patiently wait for his count to get good enough, and then every three, four, five hours he would take out that $1,000. bet. And in the end, what will he do? He might earn enough money to buy a donut and a cup of coffee at the expected profit.
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And is this because of the baccarat draw rules – because there are very strict rules about when you get the cards?
Not really – this is because there are no good or bad cards. In blackjack, if you think about heads or Aces, those are very good cards, because if you get a blackjack, you get paid 3 to 2, but if the dealer gets a blackjack, he just takes your money.
In baccarat, there are no cards that we can say: “this is a very good hand for the banker” or “this is a very good hand for the player”. There are no good cards for either side. So that’s the real problem: it’s not the rules of the draw, it’s the fact that everything in the game is perfectly symmetrical, so nothing is good or bad for one side or the other in any particular way.
Baccarat is more prone to mythological thinking than other games. We want individual players to believe that there is meaning or depth they can gain from reading patterns or sequences, and that’s not all. It’s just not like that.
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There is something called information: information has value and that means knowing where certain cards are or sorting the edges of a shoe so you can identify high and low cards or using a computer to gain an advantage. This is real information.
If you look at a blackjack table, you don’t see them putting up a board telling you what the count is or how many aces and faces are left in the shoe, because that’s information you can use to win the game.
So the only way to ensure that a table does not contain useful information is to use it by the user. And they use them for two specific reasons: First, they speed up the game compared to scoring by hand, which is the traditional way of doing it. By not requiring people to register bets, they can get more decisions per hour and each decision represents revenue for .
The second is that they display patterns, scribbles and all kinds of images that players believe to be real. And the more you can convince players that something that didn’t happen – a series – actually happened and project that into the future, the more likely they are to make bets based on that non-information. And every increase in the number of bets is an increase in profits for .
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This is something unique in baccarat more than any other game. And I think it’s important for us, as individuals, to understand the difference between meaningless noise and what is information. We need to know the difference between illusory models and real information that will give us an advantage or allow us to make good decisions.
One of the best tips for winning at Baccarat is to take the house edge into account. When betting on a tie, the house has a 14.4% edge. On the other hand, the banker bet has a house edge of 1.06%, while the player bet has a house edge of 1.36%. Banker bets also earn a 5% commission.
Eliot Jacobson, Ph.D., was a professor of mathematics and computer science for more than 25 years. After a decade as a profit player, Dr. Jacobson began his career as an independent industrial consultant in 2005. Dr. Jacobson’s book Jacobson’s 2015 “Advanced Advantage Play,” based on material published for the first time on his renowned blog apeat.net, was the industry’s best-selling book on the topic of table games, side bets and legitimate promotions. Dr Jacobson consults with specialists worldwide and is a sought-after speaker and seminar leader. Jacobson is widely recognized as one of the world’s leading experts in table games, mathematics and edge gaming. Dr. Jacobson retired in 2017.
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