Baccarat odds and payouts
Three bets, three chances, three prices – here is what each baccarat bet pays and costs you on average.
Baccarat odds of winning: Banker, Player, Tie
- Banker wins 45.86% of hands.
- Player wins 44.62% of hands.
- Tie happens in 9.52% of hands.
When a hand ends in a Tie, Banker and Player bets are returned, so they neither win nor lose.
Baccarat payouts and house edge
| Bet | Pays | Wins | House edge |
|---|---|---|---|
| Banker | 0.95 to 1 (5% commission) | 45.86% | 1.06% |
| Player | 1 to 1 | 44.62% | 1.24% |
| Tie | 8 to 1 | 9.52% | 14.36% |
| Player or banker pair | 11 to 1 | 7.47% | 10.36% |
8 decks, exact count of every possible deal. Ties push Banker and Player bets.
- Banker pays 0.95 to 1 (a 5% commission is taken) – house edge 1.06%.
- Player pays even money – house edge 1.24%.
- Tie pays 8 to 1 – house edge 14.36%.
Why is Banker favored in baccarat?
| Banker total | Player stood | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | D | D | D | D | D | D | D | D | D | D | D |
| 1 | D | D | D | D | D | D | D | D | D | D | D |
| 2 | D | D | D | D | D | D | D | D | D | D | D |
| 3 | D | D | D | D | D | D | D | D | D | S | D |
| 4 | D | S | S | D | D | D | D | D | D | S | S |
| 5 | D | S | S | S | S | D | D | D | D | S | S |
| 6 | S | S | S | S | S | S | S | D | D | S | S |
| 7 | S | S | S | S | S | S | S | S | S | S | S |
D = banker draws a third card, S = banker stands. Columns 0–9: the value of the player’s third card. With 8 or 9 on either side, nobody draws.
Player acts first, and Banker acts last. The third-card table lets Banker draw or stand depending on the card Player just drew.
Example: Banker has 3 and Player draws an 8 as a third card – Banker stands instead of drawing. Rules like this push Banker to 45.86% wins against 44.62% for Player.
Why the Banker commission exists
Without the 5% commission, Banker would win more often and pay the same as Player, so the bettor would have the edge. The commission turns that into a house edge of 1.06%.
Tables with no commission change a rule instead – see EZ Baccarat.
Average loss per hundred dollars bet
- Banker: $1.06 lost on average.
- Tie: $14.36 lost on average – 14 times more than Banker.
- Tie on tables that pay more for it: house edge drops to 4.84%, still far above Banker.
Your real result tends to move closer to these averages as your total amount bet grows, which is why no system can beat baccarat.
Questions
What are the odds of winning in baccarat?
Banker wins 45.86% of hands, Player wins 44.62%, and a Tie happens 9.52% of the time. Every bet still has a house edge, so the casino wins over time.
Is Banker or Player the better bet?
Banker has the lower house edge at 1.06%, against 1.24% for Player. Both lose money on average over many hands.
What does a tie pay in baccarat?
A Tie usually pays 8 to 1, which gives a house edge of 14.36%. That makes it the most expensive of the three main bets.
Why do casinos take a commission on Banker bets?
Banker wins more often because it acts last under the third-card rules. The 5% commission removes that advantage and gives the house an edge of 1.06%.
How much do you lose on average per hundred dollars bet?
About $1.06 on Banker and about $14.36 on Tie. Short sessions can differ a lot, but results tend to approach these averages over time.