Yes, some people do make a living off baccarat. But most players that make real money from baccarat use tactics like hole-carding and advanced betting strategies, such as 1-3-2-4 and Paroli. These strategies work only at land-based casinos where table bet amounts range from $1 to $100,000.
Baccarat is one of the most popular card games you can play at an online casino. You can also visit any land-based casino and play baccarat at a table that suits your budget.
Can you make money playing baccarat?
Absolutely. You can make money playing baccarat online or at a land-based casino in Las Vegas, Atlantic City, Monaco, or other gambling destinations. Your probability of winning in baccarat will depend on many factors, including the betting system you use, the variant of baccarat you play, and the variance of the game. You must first understand the gameplay and rules of the game, so have a warm up in the free play area. The next step is to adopt a solid betting strategy.
The most common strategies for making money when your play baccarat includes:
Bet on the banker
The banker lands more than half all wagers made in baccarat. Theoretically, banker bets should win 45.8% of the time. Most casinos take a banker’s house commission of around 5% of the payout because the hand has high odds of winning.
You have a higher chance of going on a winning streak when you bet consistently on the banker. After all, the house edge for banker bets is a healthy 1.06%. So, placing your bet on the banker can earn you a profit in the long run. If you go on a winning streak, keep wagering on the banker’s hand until you lose.
Skip one betting round after the banker loses
The banker bet is bound to lose at some point. When that happens, you should not bet on the next round. Instead, skip one decision and bet on the next round or two. Some players pause when the banker loses three consecutive rounds. Resume betting on the banker when it wins again.

Don’t bet on a tie
Here there’s a high house edge of 14.4% and low frequency of 9.5%…
You can place three types of bets in baccarat. You can bet on the banker, the player, or a tie. Again, the banker has the most favorable odds, with the lowest house edge of the bunch at 1.06%. More than half of baccarat wins go to banker bets and this is reflected in the house advantage.
The player has slightly lower odds than the banker, with a house edge of 1.24%.
The tie bet has the worst odds and the highest house edge of the three at 14.4%. A player placing a tie wager consistently can expect to lose $14.40 for every $100 they bet in the long run.
Opt for online baccarat at online casinos
Despite having a high house commission of 5%, online baccarat has higher odds for both Player and Banker bets. You can also qualify for bonus offers like deposit bonuses, welcome packages, and other casino offers. You can use these bonuses to make your bets on an online baccarat-free credit table.
Online baccarat games have interactive features like customer support via live chat. The outcomes are also determined using random number generators. Plus, the baccarat software is usually tested and audited by third-party testing labs like TST, eCOGRA, and UKGC.
Avoid mini-baccarat games
Traditional baccarat games are high-roller variants where the player deals out the cards. That is the classic version in which the banker’s fee is the standard 5% of the bet winnings. It is a reasonably-paced game where 40 decisions or rounds are covered per hour.
The so-called min-baccarat is a different animal. Rather than the player, the cards are actually dealt out by the dealer. The pace of the game is pretty fast too. You can expect the dealer to cover around 120 to 200 rounds per hour. This break-neck speed can increase the effect of the house advantage.
Use baccarat betting systems to offset some of your losses
Baccarat table games will run for quite a while. You might want to use betting strategies to boost your winning odds and keep track of the patterns in the game. The most common baccarat betting systems you can use include:
- The 1-3-2-4 system
- The Paroli betting system
- The Martingale betting system
If you have a large bankroll, you can use negative progressive betting strategies to recover your losses. Flat progression betting systems are also great for mid-tier players.
Here’s your recap!
- Learn the game in free-play or demo mode
- Bet on the banker
- Skip a round of betting after the banker loses
- Don’t bet on a a tie
- Don’t play mini-baccarat and other games with high variance and fast gameplay
- Using betting strategies and systems like 1-3-2-4, Paroli, and Martingale to reduce your losses
And some good advice that applies to any game you play:
- Take advantage of bonuses, promos, and other casino offers
- Set a budget, stick to a win limit, and don’t chase your losses
How does the casino make money on baccarat?
- Losses on the player and tie bets
- Banker’s house commission, which is usually set at 5% of the banker’s winnings. For example, if you win $100 on a banker bet, the casino will take a house commission of $5.
- House edge – The casino makes around $1.06 for every $100 you wager on the banker, $1.24 for every $100 wagered on the player, and a whopping $14.4% of bet amounts placed on a tie.
Who has won the most money in baccarat?
Phil Ivey won the most money in baccarat history in July 2012. The renowned gambler won a whopping $4.8 million over a stretch of 17 hours at the Borgata Hotel Casino & Spa in Atlantic City, N. J. Phil Ivey has been named the ‘Tiger Woods’ of poker having won over $19 million playing online poker and more than $6 million from multiple World Series of Poker tours.

The casino sued Ivey claiming that he used unscrupulous ways to win the $4.8 million in baccarat. The good news is that the judge in charge of the case found no wrongdoing in Ivey’s actions.
Can baccarat make you rich?
Baccarat is a card game of luck where the player has a negative expected value. Unless you use a sharp betting strategy or a tactic like hole-carding and card counting, you cannot become rich in baccarat. Even if you plan to use a recovery betting system like Martingale or Paroli, you will need to play at a baccarat table with a high betting maximum limit.
Can you win a lot when you play online baccarat?
Yes, you can win a lot on baccarat. But you must use strategies and tips, such as:
- Hole-carding
- Betting on the banker
- Card counting
- Using betting systems
- Taking advantage of casinos bonuses
How much do casinos make from baccarat?
The casinos make 1.06% of banker bets on top of a 5% commission, as well as 1.24% of player bets and 14.4% of tie bets.
Do casinos cheat at baccarat?
No. Random number generators are used to draw cards at trustworthy casinos. If you are not certain whether a casino is cheating or not, make sure the gaming software and baccarat games are tested by a trustworthy auditing agency like eCOGRA or TST.