The European version of Baccarat Strategy has existed 150 years give or take. It’s distant cousin, Chemin De Fer, played under a completely different set of rules is far older and was a game favored by Europe’s royalty and wealthy industrialists. This is probably where it got the mystique of elegance as an exclusively “high roller’s” game.
Inside the mid 1950’s Tommy Renzoni ran the Baccarat game at the Capri Hotel & gaming establishment in Havana, Cuba. It absolutely was said he found that particular variation of the game being played in Argentina at the time.
During those times the mob ran the ca-sinos in Havana and it was actually a popular resort for the very wealthy and Hollywood’s elite. In 1959 when Castro overthrew the Batista regime, he promptly closed the gaming establishment doors as well as the mob was forced from Cuba. They had a sweet deal for some time but all good things must end.
The timing was perfect though, because Tommy Renzoni was introduced for the opening in the Sands Hotel & gaming establishment in Vegas to perform their Baccarat game. Therefore it was Renzoni, via a stroke of fortune, who introduced the American version of Baccarat to Vegas that is played today.
The American version of the game is as simple as they are offered. You choose to wager on either the “bank” hand or the “player” hand. Virtually a coin toss. The only other choice will be to bet on the tie hand appearing (a bet no sane person will make although I look at it done all the time). It’s a level money bet on each side excluding a tiny commission charged on winning bank hands.
The reason behind this is that the rules from the game favor the lender hand winning slightly more often than the ball player hand. Without the 5% commission the end result could be tilted toward the lender side.
The object of the game is to buy nearest to a 9 total. All tens and face cards have a zero value, therefore a 5 and a queen might be a total of 5. There is no need to even know the rules governing the drawing of bwcgfr since they are completely automatic and procedures are directed through the dealers and pit bosses.
Compared to craps, bl-ackjack, roulette or perhaps pok-er, there are no complicated decisions to create. Decide on the quantity of your wager and which side to bet on. Nothing may be simpler.
It is the aura that surrounds the game which tends to really make it seem off limits to most gaming establishment goers. It’s been portrayed through stories of high rollers as well as in James Bond (007) movies over time because the hero playing up against the evil villain. Keep in mind, all of the players are betting against the gaming establishment, not against one another. Although the roped off table areas and stakes table limits could be somewhat intimidating.
Enter Mini-Baccarat. The cas-inos, always on the watch out to create a buck, devised the mini-baccarat table in an effort to ensure it is more available to the normal gaming establishment patron. It seemed to work though it still hasn’t garnered the wide spread acceptance in the more well-known table games.
The truth is, mini-baccarat is ideally suited for most playing and betting systems who do well inside an even-money, win/lose environment. Because there can be only one of two outcomes, betting systems that depend on a parlay (doubling up) of wagers often prosper.
It is actually present with see runs of 2, 3, 4 & 5 on either bank or player hands. I was playing the Tropicana one night and witnessed an incredible run of 22 consecutive “bank” hands. Luckily, having the sense and instinct to leap on the winning streak following the fourth bank win, I was able to capture 18 straight wins. Obviously, it was an excellent night. That’s an extraordinary run but the game does lend itself well to streaks for both sides.
If you toss a coin there is a 1 to 1 probability of correctly calling the result. When a player would parlay their first win (playing for two consecutive wins), they have a 1 in 3 chance of winning that wager. If successful, the ball player would receive a 3 to 1 payoff. $10 parlayed on two wins would become $40. The odds on calling two consecutive outcomes correctly is 3 to 1.
Playing for 3 consecutive wins would reduce the player’s winning wagers however the payoff would jump to 7 to 1. A $10 wager would return $80.
Another sound betting system requires a gradual increase of winning bets. This effectively uses any extended run of wins that will undoubtedly occur and protect the player’s capital if the outcome is “choppy.”
This type of betting sequence would look like this:
10, 15, 20, 25, 30, 40, 50
No wager after the second one out of the series would generate a loss for your player.
Pursuing the 1st bet the ball player is risking $5 and betting $15;
After winning the 3rd bet the player is up $20 betting 25;
On the fourth, the player is up $40 wagering $30;
On the fifth, the player is ahead $65 betting $40;
A series of 7 wins would return $150 and have a $50 wager since the next bet. All with a starting wager of $10. Following any loss the gamer reverts to the starting $10 bet.
With this particular method the gamer is increasing their bets with winnings while maintaining a minimal minimum bet during losing hands. This is actually the type of smart money management employed by professional gamers that can take full benefit of winning cycles while protecting their bankroll when losing. It insures that their winning bets is going to be substantially in excess of their losing ones.
Although the hands are dealt with a rapid pace, I consider mini-baccarat to be a great game, especially for the beginner. It enables them to acclimate to the game while focusing on the playing strategy and wagers without feeling afraid of the major money action inside the regular Baccarat pit.
If you’ve read the stuff I’ve written you know I’m a huge fan of Baccarat. In terms of mini-baccarat, it’s the same game, same low house percentage, low minimums and gives the gamer a really good chance at some big wins. It could even pay for your upcoming trip the gaming establishment.