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In Baccarat, the house edge varies depending on the type of bet you place. Here are the house edge percentages for the three main bets in Baccarat:
Banker Bet: The house edge on the Banker bet is approximately 1.06%. This means that, on average, the casino expects to win about 1.06% of all bets placed on the Banker's hand over the long run. The reason for this lower house edge is that the Banker bet has a slightly higher probability of winning compared to the Player bet.
Player Bet: The house edge on the Player bet is approximately 1.24%. This means that the casino expects to win about 1.24% of all bets placed on the Player's hand over time. Although the Player bet has a slightly higher house edge compared to the Banker bet, it is still relatively low.
Banker Bet: The house edge on the Banker bet is approximately 1.06%. This means that, on average, the casino expects to win about 1.06% of all bets placed on the Banker's hand over the long run. The reason for this lower house edge is that the Banker bet has a slightly higher probability of winning compared to the Player bet.
Player Bet: The house edge on the Player bet is approximately 1.24%. This means that the casino expects to win about 1.24% of all bets placed on the Player's hand over time. Although the Player bet has a slightly higher house edge compared to the Banker bet, it is still relatively low.