How do different commission structures on banker bets in various casinos impact the long-term expected value for players in baccarat?

[Killman2002]

Different commission structures on Banker bets in various casinos can significantly impact the long-term expected value for players in Baccarat. Here's a breakdown:

- Standard commission: 5% commission on Banker bets is common. This results in a house edge of around 1.06%.
- Reduced commission: Some casinos offer lower commissions (e.g., 4% or 3%). This reduces the house edge, making the Banker bet more attractive (e.g., 0.6% or 0.3% house edge).
- No commission: A few casinos offer no commission on Banker bets. This eliminates the house edge, making the Banker bet a fair game (0% house edge).
- Increased commission: Some casinos charge higher commissions (e.g., 6% or 7%). This increases the house edge, making the Banker bet less attractive (e.g., 1.24% or 1.42% house edge).

The commission structure affects the long-term expected value as follows:

- Lower commissions or no commission increase the expected value, making the Banker bet more favorable.
- Higher commissions decrease the expected value, making the

 

[Lazza]

In Banker bets, a higher commission increases the house edge because it decreases players' winnings. Consequently, players who play at casinos with higher commission rates should anticipate losing more money over time.

 

[swift]

In Banker bets, a higher commission increases the house edge because it decreases players' winnings. Consequently, players who play at casinos with higher commission rates should anticipate losing more money over time.

i feel Banker bets would lead to a decrease in players' winnings and increased house edge. This means that players who play at casinos with higher commission rates are likely to lose more money over time compared to their counterparts playing at casinos with relatively lower commission rates.