How to Improve Your Chances While Playing Baccarat Online?

Baccarat has long been considered one of the best casino games for players who are looking to beat the bank. 

The low house edge means that you should get regular wins, but what tips and strategies can you use to increase your chances even more?  

Manage Your Bankroll Well

Managing your bankroll can mean different things to different people. For some, it is just about making sure that they don’t wager more than they can afford to lose. Others will use small wagers so that they can enjoy playing for longer.

Progressive betting strategies can also be used in baccarat. This is where you increase or decrease the amount of stake depending upon whether you win or lose the current hand. There are several different strategies, such as Martingale, Paroli, and Fibonacci, that you might like to look into.

Decide Which Type of Bet to Place

There are three types of bet you can place in baccarat; banker, player or tie. You will find different reasons for doing so in each case. The banker bet is most likely to win, as the rules for drawing a third card favor the banker slightly. This means that it pays on a 1:1 basis but 5% commission is taken off the win.

If you opt for the player bet, you also get a 1 to 1 payout but without the 5% being taken off it. However, you would expect to win slightly less than 50% of the time due to the rules on the drawing of the third card. For this reason, it is commonly used with a progressive system in place.   

A tie is less likely to occur than either of the previous two outcomes, so it has a payout rate of 8 to 1 when you win in most baccarat games

Consider Side Bets

Side bets in baccarat are often eye-catching, as they offer bigger payouts than the main game. For example, if you bet on all of the cards in a hand being red or black you could earn up to 24:1 in some casinos. The super 6 side bet pays out if the banker has a hand totaling 6, and you can expect to get paid something like 12 to 1 for it.

However, you need to bear in mind that these bets don’t tend to pay out very often. They usually have a much higher house edge than the main game, meaning that you will be taking a bigger risk if you place your chips on this part of the table.  

Only Use a Reliable Casino

So far, we have looked at the game of baccarat itself, but there is no denying that the casino where you play it also plays a part in your chances of winning money. If you play in a poorly-regulated casino that doesn’t ensure fair play, you might find that you lose more often than should be the case.

This is why you should only ever play baccarat in a reliable casino that is properly regulated to operate in your area. They will ensure that their computer-generated baccarat games are controlled fairly using a random number generator, and that live dealer baccarat using live streaming technology is carried out in a highly professional way.

Of course, if you can pick up a welcome bonus to use on the baccarat table this will help you try to win money when you get started. 

However, the tips we have looked at above are all sensible approaches for the long term that will keep you playing with the best possible chance of winning. Play live dealer baccarat online here and take advantage of TwinSpires promotions.