Baccarat – A Casino Card Game With III Phases and a Bit of History

Before I explain this Baccarat game that dates back to the 15th Century, let’s review a brief bit of history. Americans got their first real glimpse of this casino game during the 1962 James Bond movie, Dr. No, when Bond, played by Sean Connery, was winning in a Monte Carlo casino. The game was Chemin de fer.

Phase I – Chemin de fer

In this original version Players wagered among themselves and won or lost with their own money. A dealer shoe rotated around the table counterclockwise after each hand. Players could decline the bank and pass the shoe to the next player. A 5% commission for winning bank hands paid to the house was to cover the casino overhead.

Phase II – Punto Banco

Punto Banco, meaning Player, Banker, was introduced in Nevada from Cuba in the late 1950’s, where it was very popular until Castro closed he mob run casinos. The main difference from the French version is that the house banks the game. A tie bet was added to increase the house edge, and the 5% commission to the house for a winning bank bet remains in place. Eventually the name baccarat, Italian for zero, was coined. Today baccarat is played in high limit rooms throughout the world where millions are won and lost each day.

Phase III – Mini-Baccarat

Eventually gaming establishments saw profit potential with Baccarat however they had to make it attractive to the average player. Hence, a new version was born, Mini-Baccarat.The rules for this game are exactly the same as Punto Banco except one house dealer controls he game for up to seven players. Table minimums are as low as $5 or $10. Numerous optional side bets have been added to increase the house edge.

How to Play Baccarat

The objective of baccarat is for the player to come as close to the number 9 as possible. Aces count as one, 2’s – 9’s are face value and 10’s – K’s count as zero.

Regardless of the number of players, the dealer only deals two hands from a six or eight deck shoe. Prior to the deal players must first place one bet on either the bank hand, player hand, or tie. Croupiers pass the shoe so players have the option in turn to deal the cards. In Mini-Baccarat, the shoe remains in place and the dealer controls all the action.

When a hand is totaled, it cannot exceed 9. If the two cards total more than 9, the first digit is dropped. The second digit becomes the total. Ex: 7,8=15. (the 1 is dropped) total = 5.

Baccarat requires no skill to play. All the player needs to do is place one bet before the deal. The dealer examines both hands to determine if a third and final card should be drawn. The determination is made according to a fixed set of game rules. Here they are:

Game Rules for Player Bet

The player position always draws on a 0, 1, and 2,3,4,5, unless the banker has a natural 8 or 9. Player always stands on 6,7,8, and 9. When the play bet has a natural 8 or 9, the game is over.

Game Rules for Banker Bet

The banker position always draws on a 0, 1, and 2 unless the player has a natural 8 or 9. The banker always stands on 7,8, and 9. When a banker has a natural 8 or 9, the game is over.

Strategy

No playing strategy is required. Always bet the bank which has the lowest house edge at 1.06%, even with the 5% commission owed to the house. A player bet has a house edge of 1.24% while the tie bet that pays 8 to 1 has a whopping house edge of 14%!. This bet is not recommended. A number of optional side bets at the mini tables have house edges from 2 to 13%. These are not recommended.

Good luck!

History of Gambling and Transformation Into Gaming

Gambling is something that many of us today cannot run away from. It has been in existence for thousands of years and is not about to go anywhere. Some even say that it is intrinsically linked to humanity itself meaning that gambling is well within our very own human nature.

Gambling is the wagering or money or anything else of value with the primary goal of winning a material object or money. The wager is often placed with the consciousness of the risk the gambler is taking. For gambling to take place, three elements must be present, which is the consideration or amount wagered; the risk and the prize. Today gambling has evolved into what is now looked at as modern day gaming and is even regulated in most countries and licensed by gaming authorities. It has truly become a, international commercial activity and is said to contribute millions to economies.

History

Gambling can be traced back to as early as before history was written or as early as 3000BC with the six sided dice. Its history can be traced to ancient China where betting on animals fighting was a common practice. It was not until the 10th century that lottos and domino games appeared in China and gambling started to take its shape. The popular games that we know today like poker appeared in the United States in the 17th Century and they say; the rest is really history.

When gambling became mechanized it became easier for the winnings to be regulated more accurately and for the odds to be in everyone’s favour. No more did people have to rely on the goodness of the betting houses since the machine basically determined the outcome.

Online Gambling/Gaming

The breakthrough for online gambling came in 1994 when Antigua and Barbuda passed the Free Trade and Processing Act into Law allowing the licensing of organizations applying to open casinos online. Between then and 1996 a number of laws were passed all of which were directed to online gambling and in 2003, the first live dealer casino was introduced.

Gaming today

The more technology has advanced, the more the gambling industry has also evolved with developments being made geared towards making the lie of the gamer much easier. Given how lucrative the gaming industry is and the fact that people actually like to play, many governments have had no choice but to allow gaming and only control the industry through licensing. There are numerous online casinos in the world today, the best of which are licensed in the various areas within which they practice.

The gaming industry has fast evolved a number of games are now available online and many jackpots can be won from various sites. The only word to players today is to make sure that they are sure to play with an online casino that is licensed and which has a good reputation or which is properly established.

If you have doubts about the reputation of some online casino, visit a website which offers independent casino reviews on the gaming industry today.