Posts Tagged ‘baccarat’

Question by Robert: How do the casinos make money on Baccarat?
So, either the player wins, or the banker, and none of them lose money when a tie shows up. The odds of a banker and player showing up is almost equal, except the small 5% commission on banker. So, my question is that how is this game profitable for the casino? Basically, it seems to me that they are only profiting on the tie, and the 5% commission, because based on equal odds of player and banker, half of the players should win, and half should lose their bets in the long run [let's say in a sample of 1 million bets per year]. Someone clear things up for me please, because I think the 5% commission would never satiate the casino owners who are seeking to make big money out of these games.

Best answer:

Answer by Leafsfan29
So let’s review…let’s call it a built-in 5% house edge plus ties (which are sizable). Given how much money gets played by whales, that’s a sizable chunk.

You’re talking 5% of the total take. That’s huge.

If US$ 10mm gets wagered, the casino is keeping $ 500,000 (just on the commission), not counting ties. If $ 10mm gets wagered every week, that’s $ 26mm for the casino (and these are very conservative estimates, given that you’re talking close to $ 70-$ 90mm in total wagers on a typical day on all forms of gaming).

Plus, if you’re betting on the player and I’m betting on the banker…only one of us is winning.

Trust me…they’re doing very well.

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Question by pillsbury09mn: Should I play Mini Baccarat, or Pai Gow Poker?? ?
I am tired of Blackjack in the California casinos…
I don’t want to go to the poker room, and slots suck…

What game would you learn/play, and more importantly… WHY?!

Thanks!
A

Best answer:

Answer by LegFuJohnson
I like Pai Gow.

The game goes a lot slower than blackjack, and you push quite often, so no money changes hands. Some people don’t like that.

I never saw the appeal of mini-bacarrat. You bet on player or dealer, but you have no control over anything, you just watch.

Paigow you set your own hand, and as I said, you can play a lot without losing a lot, thanks to all the pushes. If you really crave the action, try craps.

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Question by diamondgirl21: Gambling help baccarat vs black jack?
I’m going to be gambling about 300 US dollars in las Vegas a week from today
which game do you recommend I play mini-bac or BJ?
what’s the best thing that can happen in either?

And what is pocket casino credit?(Venetian las Vegas)

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Answer by Free $ 4 YOU Home JOB CLICK ME$ $
MINI Bac i love it the dealer plays the cards without passing the shoe DO get a card and track the hands and see what is streaking !

I have uncanny runs of 15 – 20 all players or all banks in a row

so if YOU inctrease YOUR wager 1 unit like after 3 st say it’s mini bac with $ 5 MIN

at hand 15 YOU would have added $ 60 more dollars to you bet !

I usally stopped when my wager reached $ 50 because of MY starting Bnk roll that would be 5% size !

thats what YOU need to do when gambling in any way 5% max of YOUR total Gambling Bankroll CASH not credit cards !

IF YOU start with $ 300 YOU max Wager is $ 15 add more when winning and YOU added $ 200 to YOUT bank less % when losing drop it to 3%

this is how sharp players win consistently every year !

IT has worked for decades and will continue working !

The Casinos hate me I am a player I adjust my wagers accordingly I have MY goal set win or lose I know when TO Quit and go to sleep or GO home !

I have many days or nights when i started out with $ 150 playing poker 7 card stud 1 -5 $ low limit and after 10 hrs had won like $ 500 against a table Cowboys and Cowgirls Terms for wild lose players who are always in every hand regardless of what there 1st 3 cards are !

I just watch these players and once i get a read on the whole table i count that money as mines !

There maybe one or two players that are solid regualrs that Know me and I know them so i respect them when they raise against my pairs showing !

BUT i switch play according to players at table on THE FLY no one can truly read me !

i use many actions every hand there fore i’m TELLLESS

i may be acting too like sighing when i have the monster hand or chirping like i got big hand when i have medium strenght hand that has a chance to win so i want to get in with chaeck at end !

Many players in low limits are bad actors they cannot hide there true E motions I seen players slam chips at me on the table like daring me to call or stare at me directly reaching for thier stack as if to say i’m rasing or calling if YOU bet !

I continue my wager with force to intice them or bet weakly like i ‘m bluffing !

however i notice these weak players my actions raraely work against them

they do not read other players hands or actions they focus only on thier hands and will wind up losing calling bets when they are beat by the cards other players have showing !

Many times i had quads within 4 or 5 cards of 7 stud and get rearised 3 times a capped bet showing two 10′s when no other’s even had a pair showing !

I just laugh at them when they continue rasing me !

I say $ 5 i haer $ 10 Then $ 15 then $ 20 from next 3 DOPES
i ‘am forced to call because when muti handed 3 or more thats limit on raises !

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Question by Paco: Does anyone have an informed opinion about baccarat?
The August numbers came out for the Las Vegas strip, and the baccarat numbers were huge! Over $ 1 billion was gambled during the course of the month, resulting in over $ 100 million in revenue for strip casinos. What is shocking is that the money gambled on baccarat very slightly exceeded the money gambled on the rest of the pit + sports + racing.
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This gambling over $ 1 billion in a month on baccarat is only rarely equaled (like last year’s Chinese New Year’s). Baccarat earnings have pushed slightly ahead of blackjack for the previous 12 months. Considering that there are roughly 6 to 7 blackjack tables for every baccarat tables, they presumably have lower costs associated with them. It is virtually the only pit game that is improving in this economy.
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There seems to be only five baccarat tables in Nevada that are not on the strip: 1 in Green Valley, Alliante, Harvey’s in Lake Tahoe, and 2 in Red Rock casino.
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“What is happening?” Are white Americans converting to baccarat? Is Las Vegas figured out a way to get a huge number of Chinese nationals here? Is it Asian Americans? Is it all whales or are more mid-level gamblers making the switch.
Slight error in above question (there are 13 baccarat tables in NV not on the strip).
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Still it’s a huge increase. Five years ago in August 2004, baccarat was yielding about 1/4 of the revenue of blackjack.
Note to FAH-Q: Casinos typically report “win-percentage” which is the amount of win based on the amount of money bet. It is always much higher than house edge, because people re-bet their winnings. You might buy $ 1000 in chips and play the passline all night in craps, but over the course of the evening you may make $ 10,000 in bets. The expectation is that you will lose $ 141.

Best answer:

Answer by Dr01d
The phenomena you’re describing is also occurring in Australia. The casino which I work at has increased its tables from roughly 20-30 total in 1995 to roughly 50 today – with more planned for introduction to the gaming floor over the next 18 months.
Our casino and other casinos are competing for the same slice of cheese by offering international (and in some cases, local/domestic) customers a rebate on turn-over in order to make their casino more appealing to the punters.
The game typically has very large table maximums called differentials which can be lucrative to some players, and the game can have a team-work feel to it when everybody is betting on the same betting area. A pumping Baccarat table breeds excitement which is advertising you cannot buy.
Although it is an Italian game, Baccarat is the Asian’s game. Macau has entire casino floors devoted to the game and on a busy night, not a table will be dead. In the end, I think its part fad, and will fade out a little like poker is, and craps has.

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Question by Robert: How do the casinos make money on Baccarat?
So, either the player wins, or the banker, and none of them lose money when a tie shows up. The odds of a banker and player showing up is almost equal, except the small 5% commission on banker. So, my question is that how is this game profitable for the casino? Basically, it seems to me that they are only profiting on the tie, and the 5% commission, because based on equal odds of player and banker, half of the players should win, and half should lose their bets in the long run [let's say in a sample of 1 million bets per year]. Someone clear things up for me please, because I think the 5% commission would never satiate the casino owners who are seeking to make big money out of these games.

Best answer:

Answer by Earl s
you don’t think 5% is good ? those guys make big bets

ties make the house 14%

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Question by linkinparkguy1980: anybody know of any high limit bets in blackjack or baccarat or other games?
i saw in atlantic city caesars you can bet
15,000 baccarat
25,000 blackjack
you don’t need to have higher average bet to do this, you can walk right in and make those kind of bets…..anybody know of any othe casinos with higher bets than this without asking cause these are the set limits for all players

Best answer:

Answer by nutjob
most casinos have a ‘High Roller Club’ some places call them Platinum or Gold Clubs the more u play the house and win the more comped you’ll get if u got the bucks all u have to do is ask the Concierge he/she will hook u up.

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Question by Catherine: i want information on how to play baccarat?
baccarat is one card game in casino i just need rules as to how to play the baccarat

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Answer by Scott
Wikipedia has a very good description.

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Question by Emiliano: I live in the Los Angeles/OC where can I play BACCARAT like in vegas?
i have noticed that the local casinos offer some variations of baccarat, where can i play a baccarat game that is closest to the one offer in las vegas casinos? as far as setting and odds? any suggestions? i know there is a lot of people that play baccarat where do they go here in LA?

Best answer:

Answer by ryan
You can always play online at Cherry Red or Rushmore Casino.. They have Vegas style Baccarat as well as a very nice 100% deposit match on your first deposit! They accept all USA players 18+ you can find them at http://online18casino.com

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Question by Chavo M: Need to play ONLINE BACCARAT but for free?
Can some suggest me online casinos that offer free baccarat games.I love to play baccarat although they often make you play for high minimums in land based casinos.

Best answer:

Answer by Rown
Nothing is free here. If you want to win real money you have to pay real money. What you can do in free is play for fun money, where you can play with fun money. http://www.thebonuscasinos.com/baccarat/ this is a site provides baccarat game to play for fun and real.

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Question by Bill: Which casinos have the lowest baccarat minimum bet?
In Las Vegas on the strip. I’m thinking $ 10 or less.

Best answer:

Answer by Mr. X
if you can get downtown, the casinos there have lower stakes. the horseshoe and the golden nugget and the 4 queens, those down there.

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