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What's the house edge on the possible bets at baccarat?
Why is tie is considered a "sucker bet?"
Bet quality is generally rated in terms of edge. This is a percentage you can picture as the amount the casino theoretically earns per dollar wagered, averaged over time. Clearly, the greater the edge, the more of the money in action the casino keeps, and the less bettors -- as a group -- take home
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For instance, say you start with $500 and always bet on red or black. You won't quit unless you double your money -- earn a $500 profit -- or lose your stake. At $25 a shot, the list shows you have 25 percent chance reaching your win goal before going bust. If, instead, you bet $50 per spin, the chance you'll hit your goal before tapping out jumps to 45 percent. But the probability you'll survive a four hour session drops from 85 to 34 percent
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