The odds of a tie occurring in Baccarat are approximately 9.53%. This is because the rules governing the drawing of the third card create an imbalance between the Banker and Player hands, making ties relatively rare.In terms of probability of Tie = Number of Tie Outcomes / Total Possible Outcomes ≈ 9.53%.However, due to the high house edge of around 14.4%, betting on a tie is generally considered a poor strategy, despite the attractive payout odds (typically 8:1 or 9:1).