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Understanding the Odds <br>With no decisions to make after the bet, Baccarat strategy is all about where you place your wager.<br><br>The Goal of the Game <br>The objective of Baccarat is to bet on which of two hands—the Player hand or the Banker hand—will have a total value closest to 9. Crucially, "Player" and "Banker" are merely labels for the hands. You can also bet on the much less frequent outcome of a Tie. You are not betting on yourself.<br><br>The Flamingo, launched in 1946, pioneered the resort model that included a hotel, casino, and entertainment. The Rise of Las Vegas <br>To fight the effects of the Great Depression, Nevada made gambling legal in 1931. Organized crime played a significant role in funding the city's early casinos. This legal change was the catalyst for Las Vegas's growth.<br><br>The glamorous casinos we know today are the result of a long historical journey from ancient times to the present day. While gambling itself is as old as civilization, the concept of a dedicated house for it—a casino—is a more recent invention.<br><br>The term "high roller" isn't defined by a precise number. A player considered a VIP in a small local casino might not even register on the radar of a massive Las Vegas mega-resort. The criteria can differ greatly between casinos. What Does it Take to Be a VIP?<br><br>Bet on Player <br>Approx. Banker Bet <br>Around 1.06% <br>The smartest choice. Winnings are subject to a 5% commission. Bet on Tie <br>Over 14% <br>A high-risk wager that is not recommended. 1.24% <br>Still a very good bet with a low house edge.<br><br>Since payouts are random, our brains get a dopamine hit from the possibility of winning, not just the win itself. Why "Almost Winning" Keeps Us Playing <br>The principle of intermittent reinforcement is a cornerstone of the casino experience. This is the same principle that makes slot machines so addictive.<br><br>Hand totals are calculated by adding the values of the cards. Calculating the Totals: <br><br>Numeric Cards: Their value is what's on the card. The highest possible hand value is 9. 10s, Jacks, Queens, Kings: Are all worth zero points. A hand consisting of a 7 and an 8 has a value of 5 (from 15). If the total is a two-digit number, only the second digit is used.
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