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The allure of baccarat is one of the
most historic of any casino game. It dates back to the middle ages, when
the game was played with parts of Tarot deck. It originated in Italy and
migrated to France, where it became the game of aristocracy.
Eventually, baccarat evolved into European baccarat and the French game
chemin de fer. Each game gives the bank one slight rule variation that
makes the game an even proposition for the casino and for the players.
Chemin de fer is essentially the same game as today's casino game of
baccarat, but one of the players banks the game, rather than the casino.
The "banker" denotation rotates around the table. The casino takes no
risk and merely charges a fee from each banker.
What is know as American baccarat actually originated in England and
spread to South America. It was introduced into Las Vegas at the
infamous Dunes casino in the late 1950s after Fidel Castro closed the
even more infamous Havana casino. Because it is so elegantly appointed,
with marble, chandeliers, plush chairs and more, you might think that
baccarat is still the game of the aristocracy. You'd be right. Many of
the world' highest rollers make it their game of choice. Stories abound
about rich men - and women - who bet millions of dollars during one
session. Casino revenues on the Las Vegas Strip rise and fall
precipitously according to the casino's fortunes at the baccarat tables.
There is a lesson to be learned by the
choices made by these high rollers. They make their millions of dollars
by making shrewd business decisions, and their choice of casino game
reflects their understanding of the odds. Despite baccarat's elite
reputation, the game is available to anyone who can make the minimum
bet. In some cases, minimums can be as low as $5. At that level, a
bankroll of $100 should be enough to truly experience one of the
casino's most fascinating games.
While the game is enjoyed by people of many nationalities and ethnic
groups, it is the Asians that have made baccarat as popular - and
profitable - as it is today. In some of the largest casinos in Las
Vegas, several floors are reserved for large groups of Asians, who often
spend many hours and even days playing their favorite game. Table
maximums are a point of negotiation, and some groups and individuals can
bet up to $500,000 a hand. In the casinos of the Portuguese territory of
Macao, near Hong Kong, baccarat is the game of choice, with dozens of
customers lining up to play at a single table/ These casinos allow more
than one player to bet on a spot at the same time, while dealers
expertly track what each patron owes in commission on winning bank bets.
Read:
Baccarat basics in
details
Basic
baccarat strategy
The rules of baccarat
Back to Casino
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