Baccarat is one of the most popular casino games. It is known for its simplicity and low house edge, as participants can bet on the Player, the Banker, or a Tie. While the ‘Tie’ bet offers a tempting 8:1 payout, experienced players rarely choose it. Why? Let’s break down the reasons behind this strategy, so you know better the next time you log into 22Bet casino.
Understanding the ‘Tie’ Bet in Baccarat
In baccarat, a ‘Tie’ occurs when the Player and Banker hands finish with the same total, and the payout for a correct ‘Tie’ bet is usually 8:1, sometimes 9:1, depending on the hall. On the surface, this seems like a great deal, as after all, who wouldn’t want an 8x return on their bet?
Yet, the reality is more complicated:
The House Edge
The biggest reason people avoid the ‘Tie’ is the high house edge. Here’s how it compares to other bets:
- Banker Bet: ~1.06% house edge
- Player Bet: ~1.24% house edge
- Tie Bet: ~14.4% house edge (or higher, depending on payout)
This means the house has a much stronger advantage when participants bet on a ‘Tie.’ Over time, this leads to bigger losses compared to other, safer options.
The Low Probability
Another reason players steer clear is the low chance of a Tie happening. Statistically:
- Banker Wins: ~45.86% of the time
- Player Wins: ~44.62% of the time
- Tie: ~9.52% of the time
A ‘Tie’ occurs in less than 1 out of every 10 hands, so even with the high payout, the odds are simply not in the player’s favour.
The Psychological Factor
Individuals adore overwhelming successes and detest prolonged periods of unsuccessful dealings, so as tie bets are frequently lost, it leads to frustration within a short time. Assume that you have made 10 consecutive gambles, losing all 9, most would quit by the 10th bet, regardless of the 8:1 payout.
Hence, more baccarat strategies specialize in banker or player bets, which come up nearly fifty percent of the time. This means steadier winning, while the tie bet is like a gamble inside a gamble.
Better Alternatives
If you want to maximize your chances in baccarat, experts recommend:
- Betting on the Banker: The lowest house edge makes this the safest long-term option.
- Avoiding Side Bets: Many playing halls offer side stakes with even worse odds.’
- Managing Your Bankroll: Since baccarat is fast-paced, setting limits helps prevent big losses.
When Should You Bet on a ‘Tie’?
While most players avoid it, there are rare cases where a ‘Tie’ bet might make sense:
- Short-Term Fun: If you’re playing for entertainment and want a thrill, a small ‘Tie’ bet can be exciting.
- Streak Patterns: Some track shoe results and wager on ‘Tie’ if they notice an unusual pattern. (But this is risky!)
Still, for serious players, the move is usually not worth the risk and can cause major disruptions in their fun.