The Best Odds at the Casino Tables: Baccarat, Pai Gow, and Blackjack

Baccarat Winning HandBy Ellen Arnie.

Alright, fellow gamblers, let’s cut to the chase. If you’re anything like us, you love the thrill of the blackjack table. The clatter of chips, the anticipation as the dealer reveals their hand, and the sweet satisfaction of hitting 21. But let’s not pigeonhole ourselves. There’s a world of casino table games out there with equally enticing odds, and today we’ll look at baccarat, pai gow poker, and, of course, blackjack.

Baccarat

The game of baccarat might seem wrapped in velvet ropes and high society allure, but it’s surprisingly simple and offers some of the best odds in the casino. The game revolves around betting on the player’s hand, the banker’s hand, or a tie.

House Edge, Payouts, and Odds

Your best bet is the banker’s hand, which comes with a house edge of just 1.06%. The player’s hand is also favorable with a 1.24% edge, but steer clear of tie bets, which have a house edge of around 14.36% despite the attractive 8:1 payout​​. Betting on the player or banker usually pays 1:1, but the banker bet typically incurs a 5% commission to the house​​.

Payout examples:

  • Player bet: Bet $10, win $10
  • Banker bet: Bet $10, win $9.50 (after commission)
  • Tie bet: Bet $10, win $80

Odds of winning:

  • Banker bet: Approximately 45.87%
  • Player bet: Around 44.63%
  • Tie bet: About 9.51%​

When the tie bet is excluded, the banker’s hand wins approximately 51% of the time. This slight advantage may not appear to be significant, but it can add up over many rounds of play.

Strategy Tips

The most reliable approach is consistently betting on the banker due to its lower house edge. Incorporating a solid baccarat strategy, like understanding the third card rule and managing your bankroll, can improve your chances even more. Despite the appeal of the 8:1 payout on tie bets, it’s usually wise to avoid them due to the significantly higher house edge​.

For those who enjoy side bets, they offer higher payouts but also come with higher risks. For example, the Perfect Pair bet can pay up to 25:1 but has a relatively low probability of winning and a high house edge.

Pai Gow Poker

For those who prefer something a little different, pai gow poker combines the elements of traditional poker with the ancient Chinese game of pai gow. It’s a relaxed yet strategic game, perfect for those who enjoy taking their time to think through each hand.

House Edge, Payouts, and Odds

The house edge in Pai Gow Poker sits around 2.84%, which can be reduced to about 1.42% when you play as the banker. The key to success is how you split your seven cards into a high hand (five cards) and a low hand (two cards). Additionally, a 5% commission is sometimes taken on winning hands.

Payout examples:

  • Standard payout: Bet $10, win $10 (1:1 payout)

Odds of winning:

  • Winning both hands: Approximately 29.91%
  • Losing both hands: Around 30.39%
  • Push (winning one hand, losing the other): Between 41-42%

As we can see, a push is quite common in pai gow poker, which makes it a game of patience and strategy where winning big requires careful play and occasionally taking on the role of the banker.

Strategy Tips

Master the art of splitting your cards effectively. Focus on creating the strongest possible high hand while maintaining a competitive low hand. Online versions of pai gow poker often offer tips and guides to help you perfect your strategy.

Always take the banker role if the option is available and your bankroll allows, as it slightly increases your odds of winning. Additionally, be cautious with side bets, such as the Fortune Bonus bet; while they offer higher payouts, they come with a higher house edge and increased risk.

Blackjack

Online or offline, blackjack is one of the most popular casino games today and continues to be a favorite among those who love a mix of skill and luck. The goal? Get as close to 21 as possible without busting and beat the dealer’s hand.

House Edge, Payouts, and Odds

Blackjack offers some of the best odds in the casino, with a house edge as low as 0.5% when using perfect blackjack basic strategy. The standard payout for a natural blackjack is 3:2, meaning you get $3 for every $2 you bet. However, beware of tables offering a 6:5 payout, as this increases the house edge to about 2%​.

Payout examples:

  • 3:2 payout: Bet $10, win $15 on a natural blackjack
  • 6:5 payout: Bet $10, win $12 on a natural blackjack

Odds of winning:

  • Player win: 42.22%
  • Dealer win: 49.1%
  • Tie: 8.48%​

Given these odds, it’s clear that the dealer has a slight edge. However, using basic strategy can significantly improve your chances and bring the house edge down to around 0.5%.

Strategy Tips

To maximize your chances, stick to basic strategy—this means knowing when to hit, stand, double down, or split based on your cards and the dealer’s up card. Avoid insurance bets; they may seem like a safe option but generally favor the house. And for those interested in advanced play, card counting can tilt the odds slightly in your favor, though it’s not allowed in many casinos.

The Risks of Betting Systems

Many players are tempted by betting systems like Martingale or Fibonacci. While these systems promise to recover losses, they often lead to higher risks and can deplete your bankroll quickly. Most casinos have table limits, preventing indefinite doubling of bets, which can lead to significant losses during a bad streak. Remember, no system changes the house edge or the inherent randomness of the game. So, stick to proven strategies and play within your limits.

Wrap Up

Trying these different table games can spice up your casino experience and boost your winning odds. Baccarat offers simplicity with great odds, pai gow poker combines strategy with a relaxed pace, and blackjack provides that perfect mix of skill and luck. So next time you log into your favorite online casino, give these games a try. Play smart, have fun, and may the odds be ever in your favor.

IMAGE CREDIT: Shutterstock.com

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