There are three betting options in Baccarat.
You can bet any amount from the table minimum to the table maximum.
By placing your gaming chips in the "Player"area in front of you, you are betting on the player hand.
You win the bet, if the player hand at the end of the round (after all drawing and dealing are done), will be greater than the dealer's. In this case, you are paid even money and charged no commission.
The house edge for this bet is 1.29%.
By placing your gaming chips in the "Banker"area in front of you, you are betting on the Banker hand.
You win the bet, if the banker hand at the end of the round will be greater than the player's. In this case, you are paid even money and charged the standard 5% commission fee on the amount that you won.
In order not to slow down the game, the dealer does not collect the "vigorish" after each round. He pays even money to winning banker bets and keeps records of the commission every player owes. After the finish of a shoe, or when a player wants to leave before the end of a shoe, the dealer will collect the accumulated commission.
When you bet on the "Banker's" hand, the casino has advantage of 1.01%. It is one of the lowest house advantages in the casino.
If you want to bet on the Tie hand, you will place your gaming chips in the "Tie" area or on the number corresponding to your seat. A bet on a Tie pays 8 to 1 without any commission fee.
If there is a tie, bets on the "Banker or "Player" are returned, but you can leave them on the betting area for the next round or increase/decrease your bet.
Tie Bet is the worst bet in baccarat since this bet has a house advantage of 15.75%.