# What is Baccarat?

Baccarat is a casino game where players walk up to the table and place a bet on one of three outcomes. Winning a hand means you get a 1:1 payout, while losing a bet means you get nothing. You also have the option to bet on a tie. When betting on the banker’s hand, you get a 5% commission.

## Game of pure chance

Unlike other casino games, Baccarat is a game of pure chance. It involves no strategy, no skill, and all of the outcomes are determined by the randomness of the cards. Baccarat is a game that can be played online or at land-based casinos, and players can choose the version they would like to play.

Although Baccarat is a game of pure chance, there are several strategies you can use to increase your chances of winning. One of these strategies is the Martingale System, developed by French mathematician Paul Pierre Levy. It borrows from the theory of Mean Revision, which states that over a long period of time, an asset’s price or historical return will converge to the long-term average. This strategy assumes that the payout will be close to the bet’s RTP, or that a specific hand will win at some point.

The game begins with the player placing a wager. The player can place a bet on either the “Tie” bet or the “Banker” bet. Once the player places a bet, the dealer will then deal two cards to each player. The objective of the game is to obtain the closest number to nine without going over the amount of money bet. If two players have an equal number of hands, they have tied for the winning hand.

Baccarat is a popular table game, especially with Asian gamblers and high rollers. While baccarat is a game of pure chance, there are a few simple strategies you can use to increase your chances of winning.