I think betting on a tie in Baccarat is generally not considered a worthwhile strategy due to the high house edge of around 14.4%, which is significantly higher than the house edge for betting on the Banker or Player hands. While the payout odds for a tie bet are attractive (typically 8:1 or 9:1), the low probability of a tie occurring (around 9.53%) means that the expected value of the bet is negative, making it a losing proposition in the long run.