In online baccarat the player does not have many betting options and because of this there are not many strategies when it comes to the game. Baccarat has set rules and after you make the bet the hand is dealt and you hope that you have bet on the winning hand. Many people think that a good online baccarat strategy is to base your bet on the previous hand but that strategy is one that experts warn against. Just like any other casino game if use an effective online baccarat strategy you can increase your odds of winning. Here are a few Baccarat strategies that you can use.
Do not bet on the tie bet. In online baccarat thee are three betting options, which are the player bet, the house bet, and the tie bet. You can implement a online baccarat strategy based on the odds and what the house percentage of the three bets are. For the house bet, which is the dealer's hand, the house edge is 1.06%, the player's hand has a 1.24% house edge, and the tie bet has a house edge of 14%. You can see that the house hand is the hand that wins the most often because it has the smallest house edge. The house hands gives you better odds even though you must pay a 5% commission to the casino on your wins on that hand. The tie bet can be tempting, as the payout is either 8 to 1 or 9 to 1, but the house edge is 14%, therefore it is not a good bet to make. Considering that the house hand should be bet on often it seems like online baccarat would be somewhat boring, but it is not the case. Baccarat has the best odds of any game in the casino, besides craps, and it is never boring taking advantage of this and winning real money.
Another online baccarat strategy you can use is to find the right Baccarat game to play. A online baccarat game that plays with fewer decks and has a lower commission is one you should look for. The best game can be one using 6 decks with a 4% commission. If you find this game play on it and bet on the house hand often. A game that varies it's commission, even 1%, may not seem like a big deal but in the long run it can be, especially if you are making larger wagers. You can also find single deck Baccarat games online.
When you find the online baccarat game you want to play at you should already have a betting baccarat strategy. Having a good betting strategy is good for every casino game not only online baccarat. Before you start playing the game know the exact amount of how much you are willing to lose. Make the decision of how much you want to bet for each hand. This is important for online baccarat, as one way people lose money quickly is that they lose a hand and then double their next bet wanting to make up for the last hand's loss. This can be avoided if you bet the exact same amount on each hand. If you have had a few losses in a row do not try to hedge your bets and bet on the tie. You can get 8 to 1 or 9 to 1 payouts with a tie bet, which can seem tempting if you have lost a few hands in a row, but you have to remember that the house edge is 14% on the tie bet, so the odds are not in your favor.
These online baccarat strategy tips for online baccarat can help you increase your odds but you have to be disciplined when playing any game of chance. If you choose a online baccarat strategy to follow, stick to it even if you hit a cold streak and never try to come back quicker by wagering more, as it will only get you in the hole quicker. Remember to steer clear of the tie bet, try to choose the right online baccarat game to play, and have a betting strategy before you start to play.