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Baccarat is a casino game that has always carried an air of mystique. It is a game played by tuxedoed millionaires for high stakes. These days, baccarat is more accessible to the average casino player. Mini-baccarat, offered on the casino floor, allows gamblers to play for more modest stakes than those offered in the baccarat pit. Internet casinos offer baccarat games that anyone can play. If you are going to play baccarat, you need to exercise sensible money management, just as you would in any casino game.
The classic baccarat player may be able to afford to bet thousands without regard to how much he has won or lost. Most of the rest of us can’t. The house edge on baccarat is fairly low, about one and a quarter percent, meaning you can expect to lose around $1.25 for every $100 you play. Still, this is a long-term expectation, so bringing $100 to a $25 baccarat table expecting to walk away with $98.75 is a mistake. You could very easily win or lose five, ten or 20 hands in a row. If you lose your bankroll in four hands though, you are losing a lot more than the average, and you won’t have a chance to win it back.
Make sure you have enough in your baccarat bankroll so that you can handle a longer than expected losing streak. If you could potentially go bust in five or ten hands, you need to be bringing more money to the table. If you can’t afford that, you need to go down in limits.
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