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Baccarat Odds Explorer

See the true probabilities behind every baccarat bet - how often it wins, loses or pushes, what it pays, and roughly what to expect over a session. Every figure is computed from our baccarat rules engine on an 8-deck shoe.

8-deck shoe, standard rules. Banker win pays 0.95 (5% commission); Tie pays 8:1. Educational only.

Banker
Wins
45.86%
Loses
44.62%
Pushes (tie)
9.52%
Payout1 : 0.95
Expected wins / 10045.9
Net over session-£10.58
Banker wins most often (~45.9%) - the maths behind its lower edge About 1 hand in 11 is a tie, pushing Banker and Player bets Tie hits under 10% of the time - the 8:1 payout never covers it
8-deck shoe, standard rules

Baccarat Odds at a Glance

BetWinLosePushPayoutHouse edge
Banker45.86%44.62%9.52%1 : 0.951.06%
Player44.62%45.86%9.52%1 : 11.24%
Tie9.52%90.48%-8 : 114.36%
The bit most players get wrong

Odds vs House Edge

ProbabilityHow often a bet wins. Banker wins about 45.9% of hands.
PayoutWhat a win returns. Banker pays 0.95, Tie pays 8:1.
House edgeWhat the bet costs over time, once probability and payout are combined.
Expected valueProbability times payout, minus your stake - always negative here.

Here is the trap: winning often is not the same as being the best bet. Banker only wins a little more than Player, yet its lower house edge makes it the smarter long-run choice once the commission and drawing rules are factored in. And the Tie wins under 10% of the time - its 8:1 payout looks generous but never covers those odds, which is why a rare-but-big-paying bet can still be the worst value on the table.

£10 per hand, 100 hands

What Each Bet Does Over a Session

Banker

Wins / losses~46 / ~45
Ties (push)~10
Expected cost£10.58

Lowest cost - wins most often and carries the smallest edge.

Player

Wins / losses~45 / ~46
Ties (push)~10
Expected cost£12.40

Almost as good, no commission - but always a touch behind Banker.

Tie

Wins / losses~10 / ~90
Pays8 : 1
Expected cost£143.60

Over 13x the cost of Banker - the big payout never makes up for how rarely it lands.

How baccarat odds work

Baccarat odds come straight from the fixed drawing rules - there are no decisions to make once your bet is placed, so the probabilities are the same on every hand. Three things explain almost everything about the table:

Every probability on this page comes from the same 8-deck baccarat engine that powers our simulator and trainer, so the tools never disagree. The expected cost of a bet is its house edge, where for a single-payout bet:

house edge = (1 − pwin) − (payout × pwin)

Worked through for the Tie, which lands about 9.52% of the time and pays 8 to 1: (1 − 0.0952) − (8 × 0.0952) = 0.9048 − 0.7612 = 0.1436, i.e. 14.36%. Assumptions: 8 decks, standard payouts (Player 1:1, Banker 0.95:1 after 5% commission, Tie 8:1) and independent hands. A table with a lower Tie payout carries an even higher edge.

Use the house-edge calculator to turn these odds into a cost, the simulator to see the variance they create, or read the full baccarat odds guide.

Common questions

Baccarat Odds FAQ

What are the odds of winning in baccarat?+

On an 8-deck shoe, Banker wins about 45.86% of hands, Player about 44.62%, and roughly 9.52% are ties. Excluding ties, Banker wins about 50.7% of decided hands.

Why does Banker win more than Player?+

Banker draws its third card after seeing the Player's, so the drawing rules give it a small, fixed statistical edge. The 5% commission on Banker wins exists to balance exactly that advantage.

How often does a tie happen?+

Under 10% of the time - about one hand in eleven. That rarity is why the Tie bet, despite its 8:1 payout, carries a house edge above 14%.

Do baccarat odds change between hands?+

Not meaningfully. With eight decks reshuffled regularly, each hand is effectively independent - past results do not shift the odds, so chasing streaks does not work.

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