The actual concept of baccarat is so simple that it poses difficulty for the analytical mind. There must be more to the game, we reason. No casino game could be so easy to play. Using a visualization known as the Baccarat Box can be useful in grasping the basics of the game.
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The Baccarat Box analogy sort of compares the card game to a slot machine. In this way it helps players to understand the random nature of the results and also the importance of streaks.
A Simple Baccarat Analogy
Imagine that within the casino there is a big box which bears the word BACCARAT in flashing letters. You can envision this in either the context of a live or an online casino. There are two slots on the machine, or box. One of them is labeled PLAYER and the other is labeled BANK.
You notice that each slot has a green light above it. To use the machine you must place a dollar into one of the slots. You choose to put your dollar in the PLAYER slot. When you do this there is a noise and then two dollars comes back to you from the same slot. You have doubled your money and decide to try again. To your surprise this happens five times in a row!
Your mind is starting to question now. What will happen if I try another time? How long will it be before the slot keeps my dollar and returns nothing? What will happen if I try to use the BANK slot? As you ponder these questions you notice a man emerge from the back of the machine. He is replaced by another man who enters the box. Curious you decide to ask the man who came out what is happening.
The man tells you that he is one of several men who have the job of manning the box. Each time a person puts a dollar in the slot, the man inside flips a coin. The flip of the coin determines which side is a winner, the Player or the Bank. In your case, the coin flip was in your favor five times in a row.
Not everyone is so lucky. As you are speaking with the man, a person comes up and puts a dollar in the Baccarat Box. The dollar is taken and nothing is returned. The person tries again. Same result. After losing four dollars, the person curses and leaves.
A Simple Coin Flip
This analogy is very simple. It is easy enough for a child to understand. Baccarat is essentially a coin flip. It is a random game with random results. You will never be able to change this aspect of the game. As such, there is little you can do in terms of strategy.
Baccarat is not like blackjack. In the game of blackjack you are given the opportunity to use skill in your efforts to win. You can make decisions which will affect the outcome of your hand. In baccarat no such decisions are permitted.
Everything that happens in the game of baccarat is determined by the rules of the game. Each side is given the same number of cards to begin. Additional cards are given based on the total of the two original cards. This is what makes baccarat a coin flip with cards. Granted, it’s a complex coin flip but a coin flip nonetheless.
How Beating the Baccarat Box is Possible
You are probably thinking that there is no way to beat a coin flip. If you walked into a casino or played at one online which was offering bets on coin flips, you would likely laugh and walk away. Others would say that there is at least a 50% chance of winning and give it a try. There are errors in both ways of thinking.
Yes, coin flips are not the best types of bets to make. It is true that one side of the coin will win 50% of the time if the flips are carried out to eternity. But you are only going to play baccarat for a very short period of time. In that period of time it is possible that one outcome may happen more than 50% of the time.
The reason for this is streaks. Let’s say that you decide to flip a coin 100 times and wager on the same outcome each time. At the end of the one hundred times you have achieved a winning result 62 times, creating a profit. On the next time you try this, you only win 37 out of a hundred, creating a loss. How is this possible?
It is because short term results can vary. Hence the term variance. If you are fortunate enough to be on the right side of variance in baccarat, you can make money.
Why We Keep Records in Baccarat
The analogy of the Baccarat Box explains why we keep records in baccarat. We maintain a list of the results of each baccarat hand in order to identify streaks. Yes, there is no guarantee that a result will happen again just because it has been frequent. But there is some evidence to support using streaks as a profitable betting strategy.
You may still be thinking about how no casino game can be as simple as baccarat. Well, consider roulette. Or craps. Each of these games is also a coin flip of its own type. The results are randomly determined. It is your job to make an educated guess as to which slot of the Baccarat Box will pay off next.