This Article continues our series on casino bonuses. Most casinos use the allure of a big casino bonus to attract new players and it is important to understand he basics of how they work and your role as the player.
WHY THE CASINO BONUS?
Of course that’s the easy part. Casinos offer bonuses, usually free money or chips, in order to attract and/or keep plays. So, to a certain extent, casinos are competing for a player’s business by offering these promotions. It’s the casino equivalent of a “buy-one-get-one-free” in the retail industry.
DIFFERENT CASINO BONUSES
There are basically two kinds of bonuses: first deposit bonuses and loyalty bonuses.
First deposit bonuses are monies the casino gives you to say “thanks for joining us”. You usually get a first deposit casino bonus when you sign up at the casino and make your first deposit in a Real Money account. Often they match your initial deposit, up to say $100. They may give you percentage bonus on your initial deposit up to a specified maximum (e.g. 50% free up to $250). The actual numbers vary widely from casino to casino and most casinos change the bonuses from time to time.
Loyalty bonuses are promotions that the casino use to try and retain their existing players. These are usually awarded on the first deposit of a given month, say 20% , or a certain percentage of what a player deposits at the casino over the course of the month, say 10% This is a way for the casino to say “thanks for your continued support”.
YOUR ROLE AS A PLAYER
Put simply, the player is expected to identify themselves honestly, to not cheat, to follow the rules given in the casino’s “terms and conditions”, and to abide by casino’s terms for cashing in winnings.
The implicit understanding is that if you join a casino and accept one of their bonuses then you’ll stay there and play for a while. The clause that keeps you there for a minimum amount of wagering is the so-called “wager though requirement”. This requirement states how much money you must wager in order to be eligible to cash in the bonus. It’s usually expressed as a multiple of your deposit, or the bonus you receive or the sum of the two. The details of the play-through are usually found in the casino’s terms and conditions and may vary from 3 times to as much as 20 times (you usually find that the bigger the bonus, the bigger the wager though requirement, although there are numerous exceptions)
THE ROLE OF THE CASINO
The player, of course, expects the casino to offer fair games and to pay out in a reasonable and timely manner. That’s obvious enough, but what might not be obvious is that games change over time and the payouts are almost certainly subject to the player’s full compliance with those same terms and conditions.
Games change because the casino either updates their software to offer new features or they adjust the pay tables -especially in Video Poker and Slots games– in order to fine-tune the “casino hold”, i.e. the average amount the casino can expect to yield from the player’s deposits.
The casino’s terms and conditions represent the casino’s terms of service to the player. They are often tweaked and modified to reflect changes in the casino’s bonus structure and wager through requirements. You can view this as a contract between you and the casino.
The bottom line: the terms and conditions dictate what is expected of the player and the casino will almost certainly hold the player to the spirit and usually the letter of those terms. IT IS NEVER AN EXCUSE FOR THE PLAYER TO CLAIM THEY DID NOT KNOW ABOUT THE TERMS AND CONDITIONS. After all, in normal law ignorance is not a defense.
– Could you spot a cheater on a game show? – Let’s talk about that. ♪ (theme music) ♪ – Good Mythical Morning. – As a kid, I was absolutely… – …obsessed with game shows. – Yes. The great thing about them is that you get to put yourself in the place of the contestant and say, “Ooh!
Would I get these right? Would I get these wrong? Would I win the big bucks? What would I be willing to do to go all the way… – …to the cash top?”
– “To the cash top” is what they call it. – “To the cash crop.” – That’s the official name. Well, lots of people have been willing to go to great lengths to get to the cash… – …top, and maybe even too far. – Mm! – That’s what we’re talking about today!
– Yes, I wanna take you to 2001. – Take me there. – The British version of “Who Wants to… …Be a Millionaire?” in particular Charles Ingram. He was a former major in the British Army, and then he was a contestant in the hot seat on Millionaire.
Now, he answered the first seven questions right… – Hm, good. – …amassing £4,000, but he already… …used two lifelines in the process to get to this point. – Ooh, yeah.
Not good. – So, you know, not quite halfway there. Not lookin’ good. But he was rescued by the end of that episode.
‘Cause they said, “Okay, come back tomorrow, audience, and see… – Right. Cliffhanger. – …how Charles the Major does.” – So he had some time to regroup.
– Yeah. And he did some strategizing, and he came back the next day with a new plan to go all the way to the top. Hopefully! So this is what I wanna do. I wanna play a montage of his final answers for you and you and see if… – …you can identify his strategy, okay? – Mmkay.
I would’ve thought that it would be Aristotle Onassis. – (someone coughs) – Yeah. I’m gonna go for… – …Aristotle Onassis. A1 or Craig David. – (coughs) – No, I’ll go Craig David.
– (Rhett) Okay. – (Link laughing) – If I had to guess… – Has something to do with that woman. – …take Cricket.
– (someone coughs) – I’m going to play Googol. – Yeah. Final answer.
– (announcer) Final answer? (Link) This is it, here. This is the last one. – (announcer) You just won 1,000,000!
– (crowd cheering) – (Link) Yes! What a surprise! – (announcer) 1,000,000! – (Link) Listen to what the host says.
– (announcer) You are the most… …amazing contestant we have ever, ever had! – Yeah, you sure are. – “You are the most amazing contestant… – …we have ever, ever had!” – You and that woman you brought… – …with you. (coughing) – (laughing) So, he was amazing… …because he was cheating.
Can you guess how, Rhett? – The coughing. That’s my guess. – This episode never aired. – Mm. – But this footage was used in… …a documentary, which I highly recommend, look it up.
It’s called “Major Fraud,” which documents this whole thing, and that’s why the mix was altered for the coughs to be so loud. But yes, he came back on day two and orchestrated a whole plan, where that woman who was coughing and covering her face was… – …his wife. And then he also got the… – Oh!. …help of a contestant who was waiting in the wings named Tecwen.
– (Rhett exhales) – And the two of them would cough… whenever he would say the answer they thought was correct. – That’s effective. And he would read all of the answers and… – …then wait for the cough.
– I heard the cough. Yeah. Everyone started to hear it over the course of the game, except for the host, who was so dialed in that he never noticed and kept things going. – People cough.
It happens. – (Link) Here’s a picture of Tecwen. (Link in a nasally voice) “Hello, I’m Tecwen.
I’m willing to cheat for… – …someone else.” – (Rhett laughing) I wonder what his… …agreement was: how much he was gonna get. I don’t know, but at one point, Charles forgot his system, and instead of reading every answer, so that he could cough at the correct one, he just said, “I think it’s so-and-so.”
And then Tecwen was like (through a cough) “No!” – (laughing) – He literally coughed, “No!” – You can hear it, audibly. – Sometimes you have to do that… – …kinda thing. – So the producers obviously caught on… …to this, and then they gave him a phone call a few days later, and they recorded… – …the phone call. Let’s listen to that.
– (producer) I have to tell you that we… – …have suspicions from viewing the… – Oh, really. …recording of last Monday’s, uh, program. I’ve subsequently studied the… …tapes carefully.
There were irregularities during the taping of the… – …show in which you participated. – Specifically coughing. – (Charles) Oh, good Lord, no.
– (producer) Because of that… …I have to tell you that these suspicions have been referred to the… – …police. And thus… – (Charles) Right.
– The po-po? – …we will not for the moment be… …airing the program or indeed authorizing payment of the check. (Charles) Right. Yeah, well, I mean, you know, I completely refute… – …that, obviously.
– (Rhett) Of course. (Charles) Good Lord, [inaudible]. All right, well, thanks for… – …letting me know.
Cheers. Bye. – (producer) Okay, thank you.
– “Cheers. Bye.” (laughing) – “Okay, thanks for letting me know.
– Uh, you caught me cheating. That’s fine.” – Sounds a little guilty to me. – (laughing) Yeah. – That’s now how I would have denied… – …if I wasn’t doing it.
– Ya think? Just get off the phone as… …quickly as you can. He was found guilty and fined £115,000. -Whoa. – And he is now known around town… – …as the “Coughing Major.”
– Oh. That name sticks with you. But Tecwen testified that his coughing was a combination of hay fever and… – …a dust allergy, And I believe it. – (through coughing) No, it wasn’t.
– (laughing) – (through coughing) No, it wasn’t! – So top that one. – Okay, you remember this show… – …Press Your Luck, from the ’80s. – I love this show. You would play a game where you answer questions, and you would win spins that you would get to take on the big board.
And when you got to the big board, you could win more spins and money, or if you hit a whammy, you would… – …lose everything. So here’s how the… – Yes. …game worked once you got to the big board, just so you understand. – Go for it! Go for it! – (male voice offscreen) Here he goes!
Come on, big [bucks]. I need a 5000 and a spin for [Toby]. – Come on. Stop! – (Link) He got it. – (crowd cheering) – (Rhett) Look at that.
– (Link) He got the 5000 and the spin. – Come on again for Tommy. Stop! – (Link) Ooh!
He got a whammy for Tommy. – (Rhett) Whoa. Look how… …unhappy he is. Oh, thumbs down. (descending tone) “I tried to do it for Tommy!”
Who’s Tommy? – Very, very dramatic. – Is that his name?
Probably not. That’s how the game is played. – Mhm. – But there’s a guy named Michael… …Larson who was an ice cream truck driver from Ohio. – Okay. – He played the game a little bit… …differently.
Let’s watch Michael play the big board. – (Link) He looks like an ice cream… – (Rhett) Okay. 4000 and a spin. (Rhett) Yep. 5000 and a spin. – (Rhett) 1000 and a spin.
(clapping) – (Rhett laughing) He’s so happy! – (Rhett) Keep going! Do it!
Do it! – (Link) Yeah. (Link) Press your luck! (Link) Stop!
Stop! (Link) Go! go!
Go! (Link) Gah! (laughing) (Rhett) Can you believe it? – (Link) I can tell you right now… – (Rhett) $110,000!
(Link) I did not see this episode, because I would remember it. (Link) And I would act like that if I were him, too. – Look at that. – Celebration dance! – Okay. – No whammies, no whammies, STOP!
– Link, what did you think was going… – STOP! – …on there? – I think that his voice shook… …something loose and the whammies couldn’t come. – (laughing) Yeah.
– It’s like, “STOP! STOP!” – That is exactly what didn’t happen.
– (laughing) Here’s what happened. So this ice cream truck driver had been studying the big board for an extensive period of time. And he figured out there were two squares that a whammy never showed up on.
And he also figured out there were… …five different patterns that you could follow the highlighted box around. So he would sense which pattern it was and he knew when it was gonna go to one of those two spots and he would STOP! the board. And he did this… – …45 times in a row.
– 45 times in a row? Meanwhile, producers are backstage freaking out. They can’t bankroll this… ice cream truck driver like this. The only reason he ends up stopping… – We gotta STOP him! – …is because he hit one of them that… …wasn’t one of the ones that he was thinking about and he lost confidence.
And so he stopped. He had more spins. He stopped at 110,000. Okay. They figured out what he did. They analyzed the tape.
They realized… – …that he had figured out the pattern. – Well, first of all, that’s not cheating. And they determined that it was not cheating. – Yeah! – He got to keep all his winnings.
They went on to change the system so that it couldn’t be gamed as easily. But listen to what Michael Larson ended up doing. He ended up pressing his luck even further. This guy couldn’t get enough. He goes back home. There’s a radio contest where you can win $30,000 if you have a matching serial number on a one-dollar bill that the radio station is reading out.
He gets all $110,000, after taxes, printed into one-dollar bills. So he has bags of – one-dollar bills around his house. – (Link) You’re kidding me. He’s checking the serial numbers to win 30,000 more. Well, his last whammy was when he went to a Christmas party and someone stole all of his money.
Oh, no! That is horrible! Sorry, Michael. Now he’s also dead, which is kind of a big whammy, but… I wonder what he would’ve said if he came home while they were stealing the money. – STOP!
– Yeah, that’s probably it. All right, I got one for ya. (announcer voice) “Terry Kniess!
Come on down! You’re the next contestant on The Price Is Right!” In 2008, he makes it to contestants’ row. And this is no normal contestant.
This guy is a veteran blackjack card-counter. – Yes. – He is a casino surveiller. And he is a former TV weatherman. And you know what that means.
He can forecast how cold it’s going to be in the studio. – Patterns. Patterns. – Oh. Yes.
That too. First of all, when he gets down there, everyone’s gotta bid on one item. It’s a grill. He guesses that it costs $1175.
Pretty exact bid. – And exactly right. Hm! – Oh! – Raises a little suspicion.
– Lucky. Lucky. He then earns the right to go on stage. he makes his way through The Price… – …Is Right to get to the very end… – Showcase Showdown! …the grand finale where he’s pitted against someone else.
They present a whole bunch of prizes you can win, but you’ve got to give the total price – of the total showcase. – Without going over. Without going over. And if you’re within $250, you win both showcases. – I love it. – Now, this is the longest-running… …show in television history.
But what he did was amazing and outta nowhere. – Let’s watch the finale. – (host) You’ve got the tailer, jukebox.
You bid $23743. Actual retail price $23743. You got it right on the nose. – What?!
(bells ringing) – Double showcase. – (Link) Right on the nose! – That hasn’t happened since ’72… …or ’73. Right on the nose. He won $56,437… – (Rhett) Drew Carey is very subdued.
– …in prizes today. – (Rhett) He was new at his job, I guess. – Don’t forget to get your pets spayed… – …or neutered.
– (Rhett) What is that smile about? We’ll see you next time on The Price Is Right. Bye bye. Listen, whenever I have a big milestone, in my life where I do something amazing… – …I know who I’m not inviting. – (laughing) – Drew Carey!
– “Ah, could’ve been anybody.” Listen, here’s the story. The reason why… – “I hate my job.” – It wasn’t that. He’s great at his job… – …and he loves his job. – Mhm.
But he was convinced that the guy was cheating because it had never… – …happened, basically. – (Rhett) Right. It’s impossible. And the producers were kind of having a conversation backstage. But here’s the facts.
He wasn’t cheating. It was a combination of studying patterns and luck. He and his wife had taped and reviewed every single night all the products and prices on Price Is Right, and it turns out that they repeat them. And he remembered what they were.
And then when he got to the end, his wife’s in the audience saying “23,000,” and then he just adds 743 because it’s their PIN. That’s what he said. That’s quite a system. So there was some luck involved. Some luck in it.
But Drew Carey was convinced that he was cheating and that he was cheating and that it would never air. That’s why he was so subdued. But they did air it.
They just buried it in December when nobody watches Price Is Right as much. And then Price Is Right had to change their whole system in the wake of Terry Kniess taking home all that stuff, including a karaoke machine. Well, there you go. If you wanna win a gameshow, study the patterns, drive an ice cream truck, and put your PIN number in wherever possible. Peter Tomarken, give me a call.
Big fan. Have your pet spayed or neutered. Help control the pet population.
Thanks for liking, commenting, and subscribing. – You know what time it is. – Hi, I’m Natalie.
– And I’m Bobby. – We’re from St. Olaf College. – In Northfield, Minnesota.
– (both) And it’s time to spin… – …The Wheel of Mythicality! – You know, Peter Tomarken is dead. He’s not gonna be giving you any shoutouts. – Yeah, okay.
Then don’t call me. – He’s also not on Twitter, but we are! @rhettandlink.
That’s what we are on Twitter. If you really like tweets… – …you should really follow us over there. – And click through to Good Mythical… …More.
Click the “i,”, because we’re gonna find out the story behind Rhett’s vision quest in solitary confinement on the desert. – But not before we have a prize winner! – ♪ (celebratory fanfare) ♪ In the desert. Not on the desert. Well, he was on the desert. – (Link) Congratulations to — – (Rhett) Ashanen.
You win… – …merch of the month: a GMM t-shirt! – (both) Wooo! Congratulations! [Captioned by Kevin: GMM Captioning Team]
Casinoslots is an exciting online casino that offers a wide variety of high quality games. This casino gives players a chance to win big money by playing their favorite games.Try the casino and get also a huge 200% up when you open an account and play the avalon slot games with real money.You even have the option of playing any of the casino’s games for free using the practice mode. This gives players the freedom they need in order to try out games they are unsure about and determine whether or not they want to bet money on them.
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The month of April is packed with events with the much awaited April Fools’ Day being held this month. Online casinos are busy tailoring special promotions based on these festivals and Lucky Nugget Casino too has offered something special to their players.
Lucky Nugget Casino review has a spate of bonus related offers which can be availed by players. The Real Time Gaming powered online casino has an offer where they will randomly select three players who will be refunded with everything that they have deposited during the month of April.
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Online casino players have their own preferences about games and most prefer to play games they’re comfortable with. Keno is one game which is not as popular as slots, but there are many who simply love this game and play regularly.
There is wonderful news for players interested in Keno based offers. Virgin Casino is running a special Keno & Co Super Deal where players get to enjoy bonuses and grab up to a massive £200 cash. What makes this offer special is the regular deal has been tripled and players get three times the returns by meeting the promotional requirements.
The Keno & Co offer runs in three phases with the first phase and second phase already over by 16th October. Players can still participate during the third and fourth promotional periods running from 17th to 23rd October and 24th to 30th October. Those who opt for this offer have to deposit a minimum of £3 using the bonus code KENODEAL1 and wager it once on Keno and selected instant games to get a $1 bonus.
When considering the United States and Americans in general, there are a number of catch phrases which seem to fly around: melting pot, salad bowl, hyphen-Americans, non hyphen Americans, etc. The American ethnic identity is ambiguous as it is fixed to a solid belief in the United States. Nowhere can this be more seen as in the national census, which is carried out every few years. The form essentially is a product of American ethnic history.
Yet recent years witnessed a striking development in ethnical identification. People are searching their ancestral trees to find the slightest clue that they might have Native American blood in them. Many are hoping to link themselves to a tribe. Some are going so far as search for people who’s ancestors might have belonged to the same tribe. This is by no means a nostalgic search to part of American indigenous roots, rather the fact that Indians or Native American’s have the right to host and operators gambling or gaming resorts on their reservations.
This development is one of the greatest ironies in American legislative and constitutional history. Article I of the Constitution states that “Congress has the power to regulate commerce of Foreign Nations and with Indian Tribes.” Obviously, Native Americans still fall under federal government jurisdiction when commerce is considered, despite their sovereign entity status. Native Americans found a gold-mine loophole in gambling which effectively utilizes the limitations and possibilities of the reservation. The reservation does not fall under the jurisdiction of the local or state authorities, which also means they are exempt from all local, state, and federal taxes. As a result, gambling is one of the first real tools that Native Americans have discovered to gain back their economic self-sufficiency and self-respect without the aid of the federal government.
This has, however, also caused much controversy. In 1983 the Cabazon tribe, on its Southern California reservation, opened the first high stakes Bingo. Other tribes followed suit, creating much controversy between the tribes and the federal government for somewhat obvious reasons. Gaming is a proven way to generate substantial tax-free income, and because this is carried out on a reservation Native Americans do not have to report comprehensive income. The figures of gaming income in public literature are only estimates that range from $10 million in profits to billions in profits. The Native American casino is a thriving industry. Native American reservations offer casinos, bingo, gaming, and resorts, as well as other businesses related to the gaming industry such as hotels and restaurants.
Gambling is big business for Native Americans; some of the Casinos on the reservations are the most profitable in the world. Of course Native American’s see the economic possibilities in the Casinos despite attempts to root gambling into their cultural roots. Indeed many argue that gaming has long been a part of the Native American culture and remains so. Native Americans regard gaming as part of their culture and part of the cycle of life, death, and rebirth. They also regard gaming as important to the health of their tribal culture overall. Further to this, they counter stereotypes by insisting that although substance and alcohol abuse do exist within Indian gaming communities, however many of the proceeds received through gaming is donated to the Indian community and charitable programs including substance abuse treatment programs. In all earnest, this is a convenient truth and is a feeble argument to find a cultural legitimacy and social awareness for a booming business.
Despite numerous pieces of legislation, hundreds of social movements, and religious, social and moral condemnation, gambling has kept growing and growing.
There is a certain fascination to the art of gambling and the countless failed attempts to curb mans willingness to try and beat the odds shows that that there seems to be something innate about gambling, rooted in the very being of mankind. It is tempting to view prehistoric man’s day-to-day existence as a continual series of gambles against nature with the ultimate stake, survival, as the nonnegotiable wager. Whether this is true or not may be speculated; however, the fact remains that gambling arose at a very early time and continued to survive and flourish despite legal and religious restrictions, social condemnation, and even very unfavourably house odds.
Dice were tossed long before they were thrown to gamble, and thousands of years later, many still cannot mentally separate fate from games of chance. Just as the ancients believed that success or failure in life depended on the whims of the deities, the typical gambler today believes that his wins or losses are determined to a large extent by some supernatural force. This is probably was also the motivation behind Ashley Revel when in 2004 he decided to sell all of his possessions, clothing included, and brought US$135,300 to the Plaza Hotel in Las Vegas and put it all on “Red” at the roulette table in a double-or-nothing bet. The ball landed on “Red 7” and Revell walked away with his net-worth doubled to $270,600.
Gambling has evolved from the early Assyrian and Sumerian dice, which were made of the heel bone of sheep, deer or any other animals of comparable size to Babylonians and Egyptians polished and marked coloured pebbles, to accurate randomizing devices and sophisticated theories of probabilities to analyze them in the seventeenth. Indeed many of the finest scientific and philosophical minds of the times were excitedly engaged in discussing practical and theoretical problems posed by gaming situations. Gambling has increased in sophistication and complexity, new games, modern machines and grand gaming halls shows that gambling a evolved from a crude past-time to mass phenomon. However elaborate the games may have become, it still addresses a primordial human instinct. The Ashley Revel story serves as a prime example of the fascination of gambling and the spectacular popularity it acquires.
Gambling seems to be a universal phenomenon; it is trans-cultural. In Japan for example many people are addicted to pachinko, a pinball-like game, and spend billions a year betting on the game. Brazilian spend $4 billion year on gambling, much of it on lottery tickets. According to a recent study, during a one-year period, more than 80 percent of Australia’s population gambled at least once, and 40 percent gambled each week. Adults in that country, on average, spend more than $400 (U.S.) annually on gambling, about twice the amount spent by Europeans or Americans, making Australians among the most avid gamblers in the world. In the United States from 1964 to 1999, lottery proceeds accounted for about $125 billion of state budget dollars. The gambling industry has witness unbelievable growth as is one of the largest employers and in Australia alone, it employs about 100,000 people in over 7,000 businesses.
Gambling is big business, and not matter what the future might bring in terms of legislation and social movements, it will remain a popular past-time. At the end of the day, who hasn’t dreamt of that one big win?
What makes Baccarat so appealing? Many individuals have designated this their favorite game for 3 reasons:
The house has a very low edge.
There is not a lot of strategy to consider when playing.
And it is essentially a very simple game to learn and play.
Common questions asked by those who are learning the game include: Why is Baccarat surrounded by an aura of prestige and elegance? What’s with all the velvet? And, who exactly plays Baccarat? Well, those are good questions and puzzling to many experts. One of the most alluring aspects of Baccarat is the glitz and glamour that often accompanies it. Typically, the Baccarat tables in Vegas and AC casinos are roped-off affairs, with velvet partitions and beautiful women adorning the crowd and attending to the high-rolling participants. Solemn and serious, tuxedo-clad dealers add to the striking image of overt wealth and prestige. Because of all this, one might expect Baccarat to be complicated and accessible only to the wealthy, but this is not the case. Baccarat is one of the easiest games to master due to the small number of strategic decisions and possible maneuvers.
This section will help you understand what your chances of winning in Baccarat really are, and also how to make the correct decisions enabling you to increase your own likelihood of winning.
The following are a few common questions people ask when thinking about Baccarat probabilities:
Where’s the Best Bet?
The house edge for a banker bet outcome is only 1.17%, while the edge for a player bet outcome is slightly more at 1.35%. Thus, you can see the attractiveness of the game. It should be remembered that most casinos will charge a 5% commission on winning banker bets. This simply illustrates for you which outcome is more probable, and therefore the best bet.
Should I Wager on a Tie?
Universally not recommended by any gaming experts, the Tie bet outcome is seldom a winner. The payout odds are significantly higher (8:1, opposed to 2:1) which makes it irresistible for those who are looking for that quick buck, or who operate more on whims and hunches than mathematical deduction and logic. If you do choose to bet on the Tie, don’t expect to win very often. If you choose to bet on the Tie and win, congratulations!
Number of decks?
An important thing to consider when choosing which game to play, the number of decks being used is often unwisely overlooked. Below, you will find the advantage of playing games with fewer numbers of decks being used. The number of decks used is displayed on the far left column, followed by the bet outcome in the middle, and finally the probability of these outcomes on the far right:
As you can see, the lowest house edge occurs when betting on the Bank with only 1 deck being used. The margin is small but, as you know, Baccarat is often a high-stakes game, so every decimal point of an advantage you can gain will inevitably lead to more positive results and more money in your pocket!
Look at our Baccarat Strategy page for other useful ways to increase your chances of winning.
A reliable Baccarat strategy is generally considered a falsehood among gamblers. Although you may often hear people asserting that they have devised the ‘perfect’ strategy, Baccarat is essentially a game of chance and there is relatively little the player can do strategically to improve the odds.
However, that does not mean that there is no point thinking about the game. There are several central things to remember when playing baccarat that will help you to make correct decisions and play more intelligently and, therefore, increase your chances of success.
Consider the following questions and answers if you want to become a better player:
Is pattern spotting an effective strategy or superstitious hogwash?
Use the scoreboard! You will undoubtedly see other players make use of the pencil and chart provided by most casinos, on which they keep track of previous hands and try to determine if there is a pattern. Usually, if they believe there is a pattern, they will change their betting in order to take advantage of a streak. This is erroneous and illogical. The casino encourages this because they know it has no bearing on the game. In Baccarat, as in most games, no hand can have influence on a following hand. Although you will see countless other players marking their score card, you should pay no heed to this. After all, would the casinos really provide everyone with something that would help the customers win more money?! No way!!
Which type of game favors the player?
Some tables use different numbers of decks. You can maximize returns by playing Baccarat with single decks which offer the best mathematical return (about 1% house edge) for the banker bet, representing the best return possible for any bets in any form of Baccarat.
The Tie bet has great payout odds. When is the best time to wager on it?
Never! Avoid it like the plague. No matter what you hear, the Tie is NOT a great option. Although the payout is considerably more than the player and banker bets, and therefore more enticing, it is not a good idea. The house edge on tie bets is at least 5%. Smart gamblers do not bet on the tie.
Considering the odds, should you always bet on the banker?
Technically yes – practically, perhaps not. Looking at the numbers, the odds are always better if you bet on the banker. This Baccarat strategy would be unquestionably dull, and so you wouldn’t want to be playing for very long. Remember, the house does have an edge, even though it is relatively small for Baccarat. This means that in the long run the house will win, undeniably. To minimize the house edge, it is advisable to bet on the banker. However, most people play Baccarat for its fun and whimsical nature.
Important note: Practice first before wagering! Almost all online casinos offer the game in both the practice mode and the betting mode. It is always a good idea to practice your chosen game in free play mode as it gives you the chance to check out their software before you start playing for money.
Baccarat has long been the card game of choice for high rollers, but even players with lower bankrolls have flocked to the game as well. The rules are easy and can be mastered in a few minutes. For more information on Baccarat, visit our rules and strategy sections pertaining to this game.
The object of baccarat, put simply, is to correctly predict whether the banker’s hand will win, the player’s hand will win, or if the game will end in a tie.
Bets are placed before the cards are dealt. Hands are automatically formed for the banker and the player. The value of a hand is determined by adding the values of its individual cards. Tens and face cards count as zero, while all other cards count as their numerical value. After adding up the total, only the last digit is used. So, baccarat hands all have values from 0 – 9. The hand with the higher value wins! If the hands have the same value, the game results, obviously, in a tie. Initially, both the banker and the player are dealt two cards. If the two initial cards total 8 or 9, the hand is called a “natural.” Otherwise, standard Baccarat “third card rules” determine if a hand should receive an extra card.
Winning bets on the player’s hand are paid at 1:1 odds. A commission is charged on winnings as a result of a bet on the banker, making the net odds on banker bets: (1 minus the percentage commission) to 1. A winning wager on a tie bet is paid at 8:1 odds. If the game does result in a tie, bets on the banker or player are returned.