Baccarat is a simple game with two main betting options: the player or the banker. But as any casino gambler knows, there’s almost always a little room for strategy. In this article, we’ll cover 8 strategies and tips for baccarat to boost your chances of a successful session at any online casino.
1. Wait for the optimal tie bet
In the game of Baccarat, you can bet on the banker, player, or tie options. Now, the tie refers to the scenario where the banker and the player have the same hand value.
The tie is a rare result and this is reflected in its 8-1 reward for a successful bet. This attractive return can cause players to chase the big win, turning the tie into a must bet option. You should avoid falling into this trap when crafting your baccarat tie strategy and instead wait for the right moment before placing a tie bet. This is because the house edge on this bet is 14.44% on most tables.
On the other hand, the house edge for other bets in baccarat is exceptionally low. The banker bet has a house edge of roughly 1.06% and the player bet has a house edge of approximately 1.24%.
· Banker bet – lose approximately 1.06 credits for every 100 credits bet
· Player – lose approximately 1.24 credits for every 100 credits bet
· Tie – lose approximately 14.44 credits for every 100 credits bet
When to place a tie bet
As you can see, the tie bet might have an attractive payout of 8-1 but the house has a considerable edge. Therefore, in your baccarat tie bet strategy, the only time you should place a tie bet is when there has not been a tie for several hands. The chances are the same of a tie are the same as always, but the time is ripe for the bet to succeed. Eventually, it’s going to come.
2. Treat the tie bet like it doesn’t exist
The tie has the lowest chance of occurring, which means that two ties back to back in successive rounds are quite unlikely. If you see a tie, don’t get FOMO and start placing tie bets like crazy. Just let the moment pass and continue playing. Your chance will come up again soon.
3. Bet on the banker until the first loss
What about your “banker player strategy?” Most online casinos have a 5% wagering commission on the banker bet. This is put in place to ‘even up the odds’ because the banker bet has a lower house edge versus the player bet. Do not let the small commission charge sway you from betting on the banker.
The primary reason we say this is because according to current online casino reports, the banker bet in Bitcoin baccarat has a 52% win rate compared to the player and tie win rate added together.
As a result, betting on the banker is always the smart choice. You should stick with this option because it has the highest win rate. You can always switch to the player bet as the game moves on.
4. Stick with the banker, no matter what
When the banker bets losses, you shouldn’t immediately shift over to betting on the player. One of the smartest decisions you can make is to wait it out and see what happens. Some gamblers swear that they have a “feel” for the results as they come out.
There is no guaranteed winning formula. If there was, the game of baccarat would not exist. Therefore, you need to trust your instincts when choosing banker or player. However, you should always favor the banker bet simply because it offers the better house edge (despite the 5% commission).
5. Avoid Playing Baccarat No Commission
Normally the banker bet pays 0.95:1 in baccarat Bitcoin games. On Baccarat No Commission tables, however, the banker bet pays 1:1 because the 5% commission is removed.
Although this variant of baccarat means paying no commission on the banker bet, there is a slight hitch. This is to do with the way the rules change to accommodate this more favorable adjustment. If you win the banker bet with a hand value of ‘8’, the payout is no longer 1:1, and is instead 1:2. This is not only reducing your win to half your bet, but it also increases the house edge on the banker bet to 4.07% on most tables.
When you consider that the house edge is usually 1.01% to 1.06%, you are reducing your chances of winning. If you have no choice but to play this variant, then bet on the player bet only. It’s not great, but why increase the house advantage?
6. Mini Baccarat: 2 Tips In 1
For Mini Baccarat strategies, we have 2 tips depending on whether you are new to the game or if you are an experienced player.
· New baccarat players
If you are new to baccarat, then avoid playing Mini Baccarat games. There are fewer players involved, and as such, the game is played faster. The faster tempo means that there will be less time to make decisions, more room for errors, and you may burn through your budget faster if you hit a cold streak.
· Seasoned baccarat players
On the other hand, if you are a seasoned baccarat player, you may want to get in as many hands as possible in a short space of time. This makes Mini Baccarat the perfect variant to get more action in a shorter period of time.
7. Switch to player bets after 2 losses
As soon as the player bet loses twice, it then switches to the banker bet. When the player bet wins, switch back to the banker bet where you will be getting an improved house edge. This is a crypto baccarat pattern that allows you to vary your wagers a bit and possibly put together a profitable streak.
8. Manage your budget and betting strategy
No matter how lucky you might be in online crypto baccarat, you should always keep track of your winnings and (potential) losses. One of the best ways to do it is to determine the precise amount of cash you want to invest in a game of baccarat before approaching the table.
The second amount you need to visualize is your ‘bottom line’. Your bottom line should be the amount of cash under which you should not fall under at any given time. This protects your stack when things aren’t going well, preventing you from losing the whole budget in one shot. For example, if you’re willing to bet $500 during a given session and the game isn’t going so well, your bottom line should be at least $200. Even though you initially wanted to spend all $500, your fail-safe mechanism should activate when you hit $200 after a skid. Salvaging $200 is still better than losing all $500. Take a break and come back when you’ve refreshed your luck.
Some people like to shift over from positive systems to negative ones right before hitting flat betting strategies, but more often than not this will not yield any profit. The whole idea of following a strategy is to give you a bit of control over the outcome of the game. When you’re winning and you’re in control, you can stop, and vice versa.
Implementing strategy
There are a variety of gambling strategies used for numerous other card games, and they can also be applied to the game of baccarat. Before we get on to the actual strategies and all possible baccarat patterns, let’s get through the basics first.
Positive progressions
Progression systems are commonly used in Bitcoin video slots and crypto roulette, but they can also be used for Baccarat games. A positive progression strategy implies that you should pump up the bet each time you win, and vice versa.
Positive progressions are generally considered to be among the ‘safest’ strategies and are generally used by newer players. From a theoretical standpoint, the basis of positive progression lies in these factors:
1. Determine the amount of cash you plan on gambling on a game of baccarat.
2. The initial amount of cash should be your main guideline.
3. Every time you go above the initial amount, you are betting the casino’s money.
4. Every time you go below the initial amount, you are losing money.
Negative progressions
Negative progression is the direct opposite of positive progression. It’s a high-risk, high-reward strategy for determined and experienced gamblers. However, it’s also a set of potentially hazardous strategies, as it tends to drain your cash rapidly if you aren’t careful with it.
Basically, your wins are there to ‘cover up’ losing streaks while your losses should be considered as a hint that a big win is on its way. This strategy relies on simple logic:
1. Every time you win, you should be careful.
2. Betting the casino’s money should not be taken for granted, as that’s the cash you will eventually withdraw.
3. Losing should give you a bit of motivation to be slightly more reckless than usual: it’s go big or go home!
Flat betting
Flat betting is different from both previous strategies. Regardless of whether you are losing or winning, you don’t change your wager amount. This strategy requires a lot of thought before even approaching the table. You will need to carefully determine how much money you intend to spend, and divide it into fractions, and each fraction should be a single bet. The logic of flat betting is as follows:
1. You will have a bit more control since you can predict the worst-case scenarios beforehand.
2. There is a minimal risk of ‘wasting’ your winnings.
3. It is perfect for beginners who aren’t very familiar with baccarat rules.
General strategy tips for online baccarat
The first thing you will want to do is test these strategies at a free play virtual baccarat table. The whole point of the strategy is that you will need to see them through 100% or not at all. Abandoning a strategy midway is a recipe for disaster.
By putting different strategies to the test, you will start to see repeating patterns. Your knowledge of different patterns combined with your knowledge of the game will give you an upper hand. The more experienced you get, the better your strategy choices will be further on.
Rounding up baccarat pattern strategy tips
The rules of Baccarat are simple – just try to hit a number as close to 9 as possible. You will have plenty of options at your disposal. If you follow our tips and strategies, you will soon find that you will limit your losses and increase the number of winning sessions you play.
You might not win every single hand of baccarat by following our advice, but you will certainly raise your chances of winning by doing so.
Baccarat is so popular that you will be able to find a table in basically every live casino. Just like we mentioned a while ago, virtually all reputable online casinos have live dealers. It’s the same as betting at a real casino, with the only exception being that you’ll be sitting in the comfort of your home.
We also recommend trying all the strategies above to gain a better understanding of the game. Follow the general strategy rules before you make your first bet. All online casinos offer ‘free games’ where you can play in demo mode for virtual credits to learn game mechanics without betting any actual money.
Play baccarat at mBitcasino
At mBitcasino there are 2 ways you can play baccarat using cryptocurrency bets. The cryptos you can play with include BTC, BCH, LTC, ETH, USDT, or DOGE. You can apply a Baccarat betting strategy or Baccarat pattern strategy no matter which crypto you use.
You can find all mBitcasino baccarat tables here. Our virtual games come with a free play demo mode and our live dealer baccarat tables come with highly trained dealers and multiple language options.
- Virtual Baccarat Tables
You can play baccarat at your own pace with no timer forcing you to place bets. This is because virtual baccarat tables are there to host just a single player. All these tables use a ‘Provably Fair’ algorithm to determine the results of your bets.
2. Live Dealer Baccarat Tables
Today with the popularity of live casinos there are numerous ‘live dealer baccarat strategy tips‘. One of the reasons people love the live baccarat table game experience is because it brings you as close to the casino floor as you can get without actually being there!
Check out mBitcasino’s live dealer games here.