Baccarat Odds Explained: Complete Guide | LeoVegas Casino

Essential Guide to Baccarat Odds

Summary: Baccarat Odds: P.layer has a 44.6% win chance for a standard hand, or 49% factoring out ties.Banker has a 45.8% chance of winning or 51%, excluding the ties.Ties occur on only 9.1% of all hands, making it the least likely outcome of the main bets.

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Baccarat is up there amongst the most popular casino card games. In the past, the game was commonly associated with Monte Carlo's high-end casinos, but the modern game is more straightforward and open to a broader audience. The basic version now shows up in most casinos alongside poker and blackjack, although it has retained its classy air.

The aim of the game is to get the highest value on a hand of cards, starting with two and then drawing more if needed. The target is to get as close to a value of 9 as possible. This article teaches you everything you need to know about the odds in each baccarat scenario.

What are the Odds in Baccarat?

The main odds you need to know for the most common form of baccarat, Punto Banco, are the odds for the three core bets you can make:

  • a winning player hand
  • a winning dealer hand
  • a tie

There are also some common extra side bets, including the player or dealer getting a pair. It's important to know about the odds on these bets, too.


Players like baccarat because bets are made before cards are dealt and not during a hand. That means the odds will always remain the same.

As a note, the odds given below are based on the most common configuration using 8 decks. Some casinos will use a 6 deck version instead, and in rare cases, you can also find a single-deck version. Mathematically, the single deck variant has the highest chances of winning for both a banker and a player hand, with the tie odds reduced. However, the range between single and 8-deck odds is only about 0.05%, so it is largely negligible in a real-life situation.

Banker Bet Odds

In a standard Punto Banco game, the banker has a 45.8% chance of winning or 51%, excluding the ties. This is due to the banker acting last and having more information to work with on longer hands.

Player Bet Odds

The player has a 44.6% win chance for a standard hand, or 49% factoring out ties.

Tie Bet Odds

Ties occur on only 9.1% of all hands, making it the least likely outcome of the main bets.

Baccarat Payouts

Technically, player and banker bet wins both have a 1:1 payout, meaning that winnings match the bet that was placed. However, given that the banker has such a high win chance as standard, most casinos will adjust this with a commission so that it ends up being more like 0.95:1.

A tie gives the largest standard payout at 8:1, although some casinos make that 9:1. The higher payout is balanced by the low win chance.

Baccarat House Edge

Probably the biggest draw to baccarat over other card or even wheel games is the low house edge.

When a standard 8-deck shoe is used to play, the house edge on the banker bet is only 1.06%, while betting on the player gives a house edge of 1.24%, giving it basically the lowest house edge of any casino game. A tie bet has a house edge of 14.36%.

Baccarat Side Bets Odds and Payouts

Aside from the main bets taken on every baccarat table, many also offer a huge range of side bets that generally have larger payouts than the base game alone. For instance, a pair bet pays out 5:1 if the player gets a pair, and 25:1 if the pair is in the same suit.

There are also all-red or all-black bets, which, just as the names suggest, payout if the player's hand is all-red or all-black cards, at 22:1 and 24:1 respectively.

Many side bets rely on having more than the basic 2 cards dealt in a hand. For example, the Bellagio Match is like an upgraded version of the perfect pair bet: the goal is to get 3 of the same rank card in a single hand. This pays out 75:1 if placed on the player's hand and 68:1 if placed on the banker's hand. Unlike the pair version, there's no standard extra payout if the cards are in the same suit.

Some side bets have different payouts depending on how many players get the exact same combination. For instance, the three-card 6 bet is a bet on the player or the banker getting exactly 6 from 3 cards. It pays out at 8:1. However, if both the player and the banker get 6 with 3 cards, the value goes up instead up to 100:1

A suited three-card 8 looks for something similar, except that the value needs to be 8 and the cards in the hand need to be the same suit. It pays out 25:1 for one hand, but 200:1 for both hands getting the same.

Finally, there are the tie-specific side bets, with the most well-known being egalité. This is an extra bet on a tie that looks for a specific value of the cards. The lowest payout is 45:1 for a tie on a 6 or 7 value, while a very rare tie on 2 pays out at 225:1.

There are many more besides these, although it does depend on the casino and the individual table as to what side bets are accepted and exactly how much they pay out.

Punto Banco and Chemin de Fer Odds

Everything mentioned above applies to Punto Banco, which is easily the most popular version of baccarat played in casinos outside of France. However, within France and amongst card game connoisseurs, Chemin de Fer is popular. This version of the game has many differences from its better-known sibling.

While the main aim of the game, getting the highest value in a hand, is still the same, the format of the game is entirely changed from a 1v1 contest between the player and bank to a table of between 8 and 12 players.

There is still only one banker hand and one player hand still used. But instead of the casino dealer acting as the banker and the casino paying out on wins, it works more like poker: players each place bets, although one player is chosen to bet on the banker's hand in each round.

There are many more rules besides this as the game belongs to the more 'old school' group of card games, known for being more complex.

Moreover, it is more difficult to calculate odds, although taking into account that the hands are played the same way and that player bets are made on hands and not against each other, the same odds from Punto Banco can generally still apply. No house edge applies, although casinos hosting games may apply a 4% or 5% commission to banker wins in each round.

Baccarat Odds FAQ

Does Baccarat Have the Best Odds?

Baccarat has the highest chance of a payout compared to many other casino games, although the payouts are also generally smaller.

What are the Odds of Winning at Baccarat?

Overall, the odds are slightly better than a coin flip, between 44% and 46% on each hand.

What are the Odds of the Banker Winning in Baccarat?

The banker hand is usually the safer bet of the two, as when more than two cards come into play, the player has to draw and stand first, giving the banker a slight advantage on drawing afterwards. Banker hands usually pay a little less because of this.

Does Baccarat Have Better Odds than Blackjack?

In basic blackjack, the odds of any kind of player win sit at around 42%. While the difference between the two games may look small, those few percentage points make a big difference to regular players, making baccarat more attractive.

What are the Odds of Winning 11 Times in a Row Playing Baccarat?

Mathematically, and assuming the player chooses to bet on their hand each time, with a standard 8-card setup and factoring out ties, the chance of 11 wins in a row is around 0.00039% or a 1 in 2,550 chance.

What are the Odds of Getting 10 Losses in a Row in Baccarat?

Excluding ties, which means the banker has a 51% chance to win, the odds that a player loses ten times in a row are 1 in 840, or approximately a 0.00119% chance.

Note that these calculations, however, are only on the player hand losing ten times in a row; the actual player may bet on either hand, so the odds of the player themselves losing ten consecutive times depends on where they place their bets. For example, the chances of losing ten times in a row if all bets are placed on ties are much closer to 100% simply because wins are much less likely.

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