Playing Baccarat card game will leave you with three options to bet: the player’s hand wins, the banker’s hand win, or a tie. Yet, which bet is actually offering better odds? How about the odds of winning in tie bet in online Baccarat and its payout?
Odds of Winning in Tie Bet in Online Baccarat
- Betting in Tie in Short
Placing a bet in tie is wagering that the outcome of both player’s and the banker’s hands are the same or a tie. Many Baccarat experts at online casinos like Onlinecasinoqq288.com Trusted Live Casino Gambling Website In Malaysia have suggested that bettors need to hinder this bet as it gives less benefit and tend to be a waste of money. Despite of having house edge of almost 15%, the odds of winning in this bet is not that satisfying as explained below.
- The Odds of Winning in Tie Bet Based on the Kinds of the Deck
Baccarat game can be played either in eight-deck format, six-deck format, or single-deck format. Each of which provides different odds percentage.
- Eight-Deck Baccarat Game
Playing Baccarat with eight decks will give a very small probability of winning for tie bet. In this game format, the probability for the banker to win is 0.458597. Meanwhile, the probability of the player to win is 0.446247. How about the tie itself? The probability is only at 0.095156. The odds of winning in tie bet is super lower compared to the other two’s. With that kind of probability, the house edge for the banker bet is 1.06%, for the player bet is 1.24%, and for the tie bet is 14.26%.
- Six-Deck Baccarat Game
Now, let us see how the odd works in six-deck format. Using the six decks, the probability for tie to win is slightly lower than the one in eight deck game. In this game format, the probability of the banker to win is at 0.458653, a bit higher than in the eight decks. Meanwhile, the probability of the player to win is at 0.446279, a slightly higher than the one in the eight deck game. And for the probability of the tie to win is still around it’s in the eight deck game, which is 0.095069.
With that kind of probability, the house edge for the banker bet is 1.06%, for the player bet is 1.24%, and for the tie bet is a whopping 14.44%.
- One-Deck Baccarat game
There is one more game format in Baccarat which is one deck game. Quite similar to the previous two games, the probability or the odds of winning for tie bet is relatively small. In one deck game, the probability of winning if you bet for banker is at 0.459624. Meanwhile, the probability for the player to win is at 0.44676. Last, the probability for the tie to win is still 0.09365.
With that kind of probability, the house edge for the banker bet is 1.01%, for the player bet is 1.29%, and for the tie bet is 15.75%.
From any kind of game type, the probability of tie bet to win is very small. The difference of the odd percentage among those three bets is very big. From the comparison of the odds of winning in tie bet in online baccarat along with the payout above, betting on tie bet isn’t a good choice.