cap217
cap217
Joined: Jan 23, 2017
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January 23rd, 2017 at 7:38:59 AM permalink
There is a commission free baccarat table at my local casino that has a different twist and I cant figure out the odds on this game.

-Same draw rules
-No commission for banker
-If banker wins with a 3 card 7, banker bet pushes (player loses)
-There is a side bet of 40:1 if the banker wins with a 3 card 7


Questions:

-What is the house advantage on the banker bet here?
-How often does the banker win with a 3 card 7?
-What is the house advantage on the 40:1 side bet?
-Separate question... What is the average winning score in bac?


This is interesting because its obvious the casino has a huge edge but the 40:1 seems to hit 2x a shoe on avg and sometimes a lot more. I dont play at this table because I assume its worse odds and I dont play side bets. But it is tempting.
SM777
SM777
Joined: Apr 8, 2016
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January 23rd, 2017 at 8:19:44 AM permalink
Your local casino has installed EZ Baccarat. Check out that page, and most of your questions will be answered.
cap217
cap217
Joined: Jan 23, 2017
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January 23rd, 2017 at 8:29:30 AM permalink
That was easy. The Dragon and Panda bets confused me by the wording but thats the game.

So the house edge is the same bc of no commission but you risk not being paid on the Banker 3 card 7 win. So is it basically a push on if this is "better" than regular 5% commission bac?
Gueedo1
Gueedo1
Joined: Feb 2, 2017
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February 3rd, 2017 at 12:45:39 AM permalink
Quote: SM777

Your local casino has installed EZ Baccarat. Check out that page, and most of your questions will be answered.



I have a question. I have been in deep discussion with my mgr on this. He said a ez bac player that is betting a $100 on the player and a $100 on the banker should be given a $200 average bet due to the house having a 1.24% advantage on the player hand and a 1.06 advantage on the banker hand so it is still in the houses favor. I had to disagree with him. I said that he should have no average bet at all because the only way the player can lose is if the dragon comes up then the banker hand will push and the player hand will lose.
What is the house advantage if the player bets both the banker hand and the player hand with the same amount wagered on each.
Hunterhill
Hunterhill
Joined: Aug 1, 2011
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February 3rd, 2017 at 1:18:57 AM permalink
Your manager is correct.
The player will just push every time until the dragon hand comes up then he will lose $100.
He can never win.
The house advantage is still the same.
What we've got here is failure to communicate
Gueedo1
Gueedo1
Joined: Feb 2, 2017
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February 3rd, 2017 at 4:01:38 AM permalink
Thank you - if I bet $100 on both the player and banker and $2.50 on the dragon bonus wager which will hedge the player bet when the dragon hits then what would you give me as an average bet since I am are only risking $2.50. My Mgr says you should rate them at the full $202.50 that you have in action. I had to disagree with him since comps and cash back is based on average bet and time played.

Thank you for your response.
Hunterhill
Hunterhill
Joined: Aug 1, 2011
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February 3rd, 2017 at 4:52:34 AM permalink
You rate him for 202.50.
Hedges don't change the house edge.
What we've got here is failure to communicate
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
  • Posts: 1809
February 3rd, 2017 at 7:28:58 AM permalink
Quote: Gueedo1

Thank you - if I bet $100 on both the player and banker and $2.50 on the dragon bonus wager which will hedge the player bet when the dragon hits then what would you give me as an average bet since I am are only risking $2.50. My Mgr says you should rate them at the full $202.50 that you have in action. I had to disagree with him since comps and cash back is based on average bet and time played.

Thank you for your response.

Your manager is 100% correct and you are 100% wrong. Bets are bets - there is no such thing as a hedge reducing the house edge or t-win. In this case the player is generating 1.43%*100 + 1.24%*100 + 7.61*2.50 = $2.89 for the house in t-win, period.

Glad to hear your manager understands this exceedingly elementary mathematics. You have no idea how many times I have had to explain this to casino management in my seminars - it's sad.

Hedges are used for certain scams so they are worthwhile investigating, but those scams have nothing to do with how much t-win such bets generate.
Last edited by: teliot on Feb 3, 2017

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