Baccarat game is not just about elegance and suspense that draws players in, but this live casino game also has one of the highest Return to Player (RTP). However, simply knowing that this is a good game to start with, you must know the overall RTP of the game as well as the specific RTP for each bet you can make. Because most of the time, newcomers often face the dilemma of being lured by high payout bets, like the Tie, without even realizing that this bet option has a terrible RTP, only to realize later on that it is quickly depleting their bankroll – and, we wouldn’t want you to experience that. So, when you next play Live Dealer Baccarat at LuxeBet88, play the game more intelligently and arm yourself with the correct knowledge..
What Exactly Is RTP In Live Baccarat?
If you’re a beginner at gambling, there are basic things that you should know before you start playing with real money – and this includes RTP. This is the statistical % which informs you how much money players are likely to win back over time when they wager on a game or place money on a single bet. And this is completely the opposite of the house edge, so if you don’t see the RTP being displayed on the game, just subtract the house edge from 100% to get the RTP.
How to Calculate the RTP of Baccarat Bets?
When playing at LuxeBet88 Live Casino Singapore, you can easily calculate the exact RTP from scratch, even if this information is not explicitly displayed on the game (although this case is very rare because we at LuxeBet88 are transparent on the RTP of the games we are offering). And here’s the simple calculation to determine the RTP of each baccarat bet.
1 – (House Edge / Payout) = Return To Player Percentage
The Banker Bet (Banco)
Payout = 1:1 (minus a five percent commission)
House Edge = Approximately 1.06% or 0.0106
Return To Player Percentage = 1 – (0.0106 / 1) = 1 – 0.0106 = 0.9894
Convert To Percentage = 98.94%
Even with the 5% commission charge on banker’s win, this bet remains the best bet if we consider it RTP. The Banker’s hand is marginally more likely to win than the Player’s hand (not counting the ties).
The Player Bet (Punto)
Payout = 1:1
House Edge = Approximately 1.24% or 0.0124
Return To Player Percentage = 1 – (0.0124 / 1) = 1 – 0.0124 = 0.9876
Convert To Percentage = 98.76%
With a close gap of RTP on Banker’s hand, Player’s bet is also a good bet with a very high RTP compared to Tie bets. The RTP on this option is just 0.18% lower than the Banker’s RTP. So even if there is a 5% charge on your winnings at the Banker’s hand, this small percentage can make a difference when playing in thousands of hands.
The Tie Bet (Egalité)
Payout = 8:1
House Edge = Approximately 14.36% or 0.1436
Return To Player Percentage = 1 – (0.1436 / 1) = 1 – 0.1436 = 0.8564
Convert To Percentage = 85.64%
While the 8-to-1 payout is tempting to go after, Tie bet has the worst RTP among the three basic baccarat bets. Yet, most new players fall into it because they are not aware of its overall RTP. If you will be betting on Tie for each round, the house always has a 14.36 advantage against you, which quickly burns up your bankroll. And even if you win, it won’t make up the amount of money you’ve lost from the previous rounds. This is also the reason why you always read baccarat strategies advising you to keep away from tie bets.
Why It’s Important To Understand Baccarat RTP At LuxeBet88?
- Smart betting decision – you are no longer second-guessing because you are now choosing the bet with the best statistical chance of winning.
- Strategic bankroll management – now that you are aware of the RTP of each bet, you can extend your playing time by sticking to high RTP Banker and Player’s bets.
- No longer enticed by the alluring payouts of tie bets.
Wrap Up
While Live Baccarat at LuxeBet88 offers you a very simple basic gameplay and requires zero experience, it is still important that you know how you can improve your chances of winning on it, despite the big element of chance. By understanding the baccarat’s RTP, you are no longer a passive player second-guessing which bet to make, but now a strategic player who knows that a bet gives you the statistical advantage. So what are you waiting for? Join us here at LuxeBet88, and start winning on a streak to enjoy our Live Casino Win Streak bonus.
FAQs:
If The Banker RTP Is 98.94%, Does That Mean I Can’t Lose Money?
Nope, this is just a long term average payout, and it is computed using millions of hands, so even in a short session you can still get a lucky streak or run into an unlucky one when betting on the banker.
Can Betting Systems Overcome The House Edge of Baccarat?
No, while systems can help you recoup your losses in a single win, they don’t have influence in overcoming the house edge of the game.
Why The Banker Bet’s RTP Is Still Higher When It Pays Less?
Its 5% commission is compensated by a 1.3% higher win rate than Player bets.
