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The difference between a **1-to-1** and **8-to-1** payout in baccarat lies in the amount you win relative to your bet.
1. **1-to-1 Payout**:
- This is the most common payout and applies to the **Player bet** and **Banker bet** (for most baccarat games).
- If you place a bet and win, you are paid back the same amount as your wager.
- Example: If you bet **$100** and win a 1-to-1 payout, you will receive **$100** in winnings, plus your original **$100** bet back, totaling **$200**.
2. **8-to-1 Payout**:
- This payout is typically associated with the **Tie bet** in baccarat, where you wager that the Player and Banker hands will end up with the same total.
- If the Player and Banker hands tie, you receive **8 times** the amount of your bet, in addition to your original wager.
- Example: If you bet **$100** on a Tie bet and win, you will receive **$800** in winnings (8 times your $100 bet), plus your original **$100** bet back, totaling **$900**.
In summary, **1-to-1** is the standard payout for Player and Banker bets, while **8-to-1** (or sometimes **9-to-1**) is a higher payout for the Tie bet, which has a much lower probability of occurring. Although the Tie bet offers a higher payout, it comes with a significantly higher house edge.
1. **1-to-1 Payout**:
- This is the most common payout and applies to the **Player bet** and **Banker bet** (for most baccarat games).
- If you place a bet and win, you are paid back the same amount as your wager.
- Example: If you bet **$100** and win a 1-to-1 payout, you will receive **$100** in winnings, plus your original **$100** bet back, totaling **$200**.
2. **8-to-1 Payout**:
- This payout is typically associated with the **Tie bet** in baccarat, where you wager that the Player and Banker hands will end up with the same total.
- If the Player and Banker hands tie, you receive **8 times** the amount of your bet, in addition to your original wager.
- Example: If you bet **$100** on a Tie bet and win, you will receive **$800** in winnings (8 times your $100 bet), plus your original **$100** bet back, totaling **$900**.
In summary, **1-to-1** is the standard payout for Player and Banker bets, while **8-to-1** (or sometimes **9-to-1**) is a higher payout for the Tie bet, which has a much lower probability of occurring. Although the Tie bet offers a higher payout, it comes with a significantly higher house edge.