Ethereum Baccarat

Baccarat is an exciting, fast-paced game that doesn’t require much experience on the part of the user and has great odds compared to most other table or card games. This can make it highly enjoyable, and even more so from the comfort of one’s own home when playing at an online Ethereum casino that accepts ETH as a deposit option.

Baccarat games and rules explained

The goal of Baccarat is actually quite simple, and that is to get the point total of 2 or 3 cards as close to 9 as possible. Cards Ace through 9 count as their face card value (with Ace always equaling 1), and cards 10, Jack, Queen, King always count as 0. Only the last digit of the total count matters.

For example, if a player is dealt 2 and 3, then their point total would be 5. If the player is dealt a 6 and a 7, then their total would equal 3, as 3 is the last digit of 13. The player plays against the Banker, who is also the dealer (otherwise known as the house).

Unlike other card games, the player can bet on themselves, the Banker, or a tie, which is when both Player and Banker have the same total. A winning bet on the Player pays 100% of the bet amount, whereas a bet on the Banker (dealer) only pays 95%, and a Tie pays 8:1. The house edge when betting on the player is only 1.24%, which renders its odds slightly better than single zero Roulette.

Even after the 5% commission, the house edge when betting on the Banker is still only 1.06%, making it one of the lowest house edges of any regularly-played card game. In contrast, a bet on Tie has a house edge of 14.4%.

The rules and odds described above pertain to the most popular and widely-available version of Baccarat, named Punto Banco. Because the nature of the game forces the player and dealer to either draw another card or stand according to their point total and what cards the opposing side holds, it is a completely automated game, meaning there is no action that can be taken on the part of the player.

In this way, Punto Banco is more similar to a table game like Roulette where the player simply places their bet and watches the rest of the game unfold without any sort of contribution or strategy involved.

Player rules dictate that they must draw another card if their initial 2 card total is of score 0-5. The player stands with a score 6-7, or automatically wins with an 8-9 (unless the Banker also has an 8 or 9). Banker rules are a little bit more varied and dictated as follows:

• Banker total < 2: Banker draws a third card
• Banker total = 3: draws a third card unless player's third card is an 8
• Banker total = 4: draws a third card if player's third card is 2, 3, 4, 5, 6, or 7
• Banker total = 5: draws a third card if player's third card is 4, 5, 6, or 7
• Banker total = 6: draws a third card if player's third card is 6 or 7
• Banker total = 7: Banker stands

There are other variations of Baccarat that do involve decision-making on the part of the player; two of the most popular of which are known as Chemin de Fer and Baccarat Banque. However, the Punto Banco variation (also referred to as American Baccarat) is by far the most commonly played version of Baccarat at both real and online casinos (including Ethereum casinos as well).

One particular online version, known as Baccarat Pro, offers several different types of bets that can be placed, in addition to the usual Player, Banker, Tie bets (such as Player Pair, Banker Pair, the total number of cards dealt, etc).

How can you start playing Baccarat with Ethereum?

The first thing to do will be to get a hold of some Ethereum. The easiest way to do this is by registering an account at a reputable cryptocurrency exchange like Binance, Coinbase, Huobi, KuCoin, or Bittrex, and purchasing some using fiat currency or another cryptocurrency like Bitcoin.

If you would rather not do this, it is possible to buy ETH from instant swap services like Changelly or Coinswitch. Additionally, sites like Paxful and CryptoLocally will let you purchase Ethereum directly from other users with a wide variety of payment options like PayPal, wire transfer, Western Union, and even gift cards.

The next thing you will need to do is to find an online casino that both offers Baccarat and accepts ETH as a deposit method. You will then need to transfer the ETH from your exchange or another wallet for crypto gambling to the Ethereum address assigned to you by the casino, paying a gas (transaction) fee along with the amount being set. After the transaction has been confirmed by the Ethereum network, your casino balance will be updated, and you can get started playing Baccarat with ETH.

PROS and CONS of playing ETH Baccarat

PROS

CONS

Ethereum as a currency is much quicker to transact at online casinos than fiat currency (which can take days for deposits and withdrawals to clear) or even Bitcoin (BTC). Ethereum features block times of a maximum 20 seconds, meaning its transactions confirm on average over 30x faster than those made using Bitcoin. This means there is very little waiting time involved when sending a transaction, with your funds credited to your casino address almost instantly. In addition, ETH tends to have generally lower transaction fees than BTC, meaning it is usually cheaper to send ETH than it is BTC.

Although Ethereum is second only to Bitcoin in terms of cryptocurrency popularity, ETH is still not supported by as many online casinos as BTC is, meaning your available casino selection can be somewhat hampered. In some instances, it is not quite as easy to purchase as BTC is as well, although in this day and age it is possible to find ETH traded at just about every crypto exchange. Another thing to be mindful of is the heightened volatility of the price of Ethereum - it fluctuates much more wildly than BTC - which means the dollar value of your deposit can vary quite a bit over the course of a single gambling session.

What Baccarat games are available for Ethereum?

In addition to Punto Banco (which is usually referred to as just “Baccarat” at online casinos), some of the following variations of Baccarat that can be found at Ethereum casinos include:

• Baccarat Pro
• Baccarat Mini
• Live Dealer Baccarat
• Baccarat VIP

Baccarat explained

As played at online casinos, live games attempt to recreate the experience of playing Baccarat at an actual, physical casino. They accomplish this by providing players with a live video feed of an actual dealer dealing cards in a studio that is arranged a bit like a real casino. The players use their keyboard or mouse controls to indicate the type of bet they would like to make, which is acknowledged by the dealer who then deals the cards.

Because there is no action required on the part of the player, Baccarat games are predetermined from the start, and there is no possible strategy that can be employed in order to reduce the house edge.

Betting on the player yields a house edge of 1.24%, whereas betting on the banker only has a house edge of 1.06% Wins for either pay 1:1 and ties pay 8:1. The relative simplicity and low house edge make Baccarat one of the most popular Live Casino games currently playable with Ethereum.

While most Live Baccarat tables will operate according to the rules and payout listed above, there are a few variants of the game available to live casino players.

Most tables operated according to “Punto Banco” rules but occasionally Mini Baccarat (smaller table with direct deals, one-on-one play with banker), Speed Baccarat (shorter betting cycles), and VIP Baccarat (high stakes games for high rollers) can be found.

How to choose the best Ethereum Baccarat casino

There are a number of important factors that go into finding a good Bitcoin casino for playing Baccarat with Ethereum, some of which include having a decent selection of Baccarat games, an easy deposit/withdrawal process, reliable customer support, and an array of welcome bonuses for table game players.

Additionally, it’s great if the casino has Baccarat-oriented promotions or contests, as well as an easy-to-use interface that is responsive and not overly confusing.</p>

Perhaps the most important part of any Ethereum casino is its reputation among the community. Does the casino employ good business practices that make its users want to return time and again? Do they have many complaints across the web about refusing to withdrawal funds, or losing customer funds without returning them?

Even though it’s beneficial if a casino has great bonuses, a slick interface, and a well-rounded selection of games, ultimately, a casino is only as good as its ability to pay out withdrawals to its customers. This is why it is imperative to find an ETH casino with a good reputation.

Please keep in mind that on Winz.io you can play Baccarat with different altcoins:

• Litecoin Baccarat
• Dogecoin Baccarat
• Bitcoin Cash Baccarat
• Tether Baccarat
• Cardano Baccarat
• Ripple Baccarat
• Tron Baccarat

Ethereum Baccarat FAQ