My Baccarat Baccarat: Whose Cards are You Gambling On? Baccarat is a fun gambling game that has been around since the middle ages. However, the game baccarat was played only by the elite during then. This tradition of being played only by the elite is still carried on up to this time. In fact, baccarat is very popular at the Far East especially in Hong Kong. Players there have the feeling of being elite by simply playing baccarat. Why not? Playing baccarat helps your ego in a way. Baccarat gambling is enjoyed by lots of people because it is a simple game. The only difference in baccarat gambling compared to blackjack is that you have fewer options. In blackjack you are given the option of having more cards, in baccarat gambling only two cards are given. A possible third card given comes with conditions. The fun part in baccarat gambling is that you are allowed to hitch a ride or bet on other players' hands as well. To bet on another player's hand all you have to do is place your chips on the player in front of you. After all the dealing and drawing are done, the cards will be compared. If the player on whose chips you bet on are greater than the dealer, you win. The payment made to the winner is even value and no commission is charged. The edge of the house on this bet is 1.29%. You are also allowed to bet on the banker's hands. All you need to do is place your chips in the banker area in front of you. This will immediately signify you are betting with the banker. If the banker has greater hands than other players you will win even money. However, you are typically charged 5% commission on the money won. Since paying commission at baccarat gambling will be a hassle, it is not immediately collected. Instead the commission is just listed by the dealer and totaled. At the end of the deck or shoe, or when the player leaves, the dealer will just collect the accumulated commissions. The advantage of the casino when betting with a banker is 1.01%. Betting with the banker gives the lowest house advantage. Another way to bet is bet on a tie. All you'd need to do is put your chips on the table's betting area or the number that corresponds to your seat. Tie pays 8 is to 1 without any commission because it has a rare chance to happen. If a tie happens both the bets of the banker and the player are returned. However, you are given the option to just leave it as is for the next betting round. You can however decrease or increase the chips left there. A tie bet gives the house advantage of 15.75% Now that you've learned how to bet on baccarat, you're ready to gamble on baccarat. However it's still best for beginners to practice free online baccarat.