Live online baccarat is one of the simplest table games that you can play at SG88WIN Singapore online casino – simple rules and complicated betting options. There are only three main betting options – Banker, Player, and Tie, so even if you’re a complete newcomer to the game, you’ll find it extremely easy to learn and enjoy. Yes, the Player and Banker’s bet is the main focus on this game but the Tie bet often attracts the attention of many players xbecause of its potential win, promising you a great payout compared to the 1:1 offered at Player’s and Banker’s wins. However, this generous payout can be a double-edged sword – a high payout prize and equally high house advantage. If you’re a complete beginner to online baccarat, you must understand this bet option before putting your chips on that green option. So, before you hit one of the live baccarat tables of the best live casino Singapore like SG88WIN, allow us to guide you on how tie bets work, their odds, and the best way to put them in your strategy.
What Exactly Is a Baccarat Tie Bet?
Among the three options, the tie bet is the easiest to understand – no complexity – because, as the name suggests, this bet revolves around whether the total of each hand will be the same.
How Does the Baccarat Tie Work?
The basic rules on tie bets are simple – simply place your bets on the “TIE” section of the betting layout. Then, after the betting windows end, the live dealer will proceed to distribute cards to both hands according to the drawing rules.
Once both hands have received 2-3 cards, their total points will be compared, and if they both have the same score, it will be considered a tie. If you place a chip on it, then you win, but if you stake on either banker or player’s hand, then it’ll be considered a push. This means that you’re stake will be returned to you, except for the stakes you put on the other baccarat side bets.
Let’s say you put your chip $10 on the Tie bet option, and both the Player’s hand and Banker’s hand receive a total value of 6 – then, you win $90 stake, including your initial stake.
Payouts, Odds, And House Edge Of Baccarat Tie Bet
This is the most important concept that you must understand if you want to place a tie bet when playing Baccarat at a Singapore live casino.
Tie Payout
Winning tie bets are normally paid at 8:1, but some baccarat variations can be as high as 9:1 or 10:1… so if you have staked $10 on a tie and win, you can win $90, which includes your $10 bet and a $80 profit.
Probability Of Winning
This is the most important thing that you must keep in mind when staking on the Tie option because this is where the high risk comes in. In a standard eight-deck baccarat game, the odds of winning at a tie bet are only about 9.52% compared to the Player’s (44.63%) and Banker’s (45.86%) winning probabilities. This means that on average, a tie can only happen less than once for every 10 dealt hands.
Tie House Edge
High risk? You bet tie options have it – because the built-in advantage on this baccarat bet option is a staggering 14.36%.. which is really high and less appealing compared to the Banker’s (1.06 percent) and Player’s (1.24 percent) built-in advantage.
So if you’ve been looking for the best baccarat strategy to use at SG88WIN Live Casino Singapore and often see advice to avoid tie bets, this is the very reason for it. While the payouts for tie bets are high, it is still not high enough to match the true odds that come with it.
Strategies For Baccarat Tie Bets
If you really want to win at Baccarat, it’s always best to focus your attention on the other 2 options – Player and Banker.
- When staking on a Tie bet, treat it as entertainment and not for consistent grinding.
- Only stake a small portion of your bankroll, or only bet on it once in a while when you already have a great amount of profit from your session.
- Never chase your losses in hopes that you can make a comeback from a single tie bet win.
Wrap Up
As we said earlier, high payout tie bets come with a very high risk of losing as well. So instead of betting on it, in hopes of making a quick win goal, it’s better to approach it as entertainment. You can place a tie bet for every 10 hands and NOT FOR EVERY HAND when you have already established a profit from your session. So are you ready to place Tie Bets – strategically and cautiously? Head on to SG88WIN Singapore Live Casino today and hit an 8-win streak to win extra profit.
FAQs:
Can I Use Martingale In Tie Betting?
NEVER think of it a bit, staking on it is already risky, and using a progressive betting system makes it extremely inadvisable. It’s like you are throwing away your money at the table – wasting it without a single fight.
Is A 9:1 Payout Better Than An 8:1 Payout For The Tie Bet?
Yes, this simple difference in the payout makes the house edge considerably less dramatic at 4.84 percent compared to the baccarat games that pays times your bet on Tie wins.
How Often Should I Place Chips On The Tie Section?
Very rare, you can do it for fun and never part of your strategy.
