Bitcoins and Baccarat Online

January 29th, 2015

Bitcoin (BTC) is a unique digital crypto-currency that is not governed by the central banks. The BTC operates exclusively in the marketplace for peers. The peer network was established in 2009 and it became a major hit in 2011 outshining the dollar and Euro. Large online retailers have accepted the use of bitcoins ever since 2014. Large companies such as Dell (computer-retailer) and Overstock.com (online furniture retailer) are among the few companies that accept purchases in bitcoins.

The bitcoincasino.org website shows the best BTC casino for bitcoins online. This website gives exclusive information to bitcoin players on locations of play, games to play and methods of play. It also has reviews and guides to playing the casino games. It aims at enhancing the experience of gambling.  The first site is bitcoincasino.io with a bonus of 100% for 1 BTC. The next is betcoin casino followed by mBit casino. These websites have equal bonuses.

Bitcoin Online Gambling

Users transfer bitcoins through addresses. These addresses consist of numbers and letters with characters ranging from 27 to 34. All bitcoins are processed at no cost. This initiative saves players who might otherwise cover the cost of depositing or withdrawing money. Online sites are associated with fees when processing all forms of payments. The sites also suffer losses in operations due to the inclusion of all fees which they will cover with bonuses and promotions.

Bitcoins serve as the best alternative to online gambling since all payments are free of charge. There are no costs of processing payments. The sites thus have more money to initiate deposit of bonuses as well as other promotions. Online gamblers of casinos are offered the best payout during the gambling session. Bitcoins are not attached to any bank or financial institution. They cannot be frozen or seized. This privilege is present even when the bitcoins are placed in banks using flat currencies.

Types of Bitcoin Casinos

Players search for online casinos that deal primarily with BTC. The popularity of BTC Casinos has made other casinos that receive flat currencies to change. They are now adopting the use of bitcoins for deposits and withdrawals. The casinos are divided into two. The bitcoin-only sites are online casinos that only accept bitcoins for transactions. Other casinos accept both bitcoins as well as flat currencies. Players are required to sign up with their names and provide their identities for verification. Players incur the cost of faxing their utility bills or even their bank statements. Hybrid casinos work by accepting bitcoin deposits and processing them to flat currencies.

Bitcoin Casino Games

Gamblers in BTC casinos have more options while dealing with bitcoins. They benefit from various games including baccarat. One such game is slots. The game comes with progressive jackpots and payout percentages. Blackjack is second to slots in popularity. It also offers payouts that gave better returns. The third most admired game is Roulette. This game is divided into American or European roulette. The most common game within this category is the Russian roulette. Other popular games included dice and games of lottery.

You will find baccarat offered at most online casinos; however, I like some versions of online baccarat better than others. My biggest problem is usually with the speed that they flip the cards. For more baccarat tips and advice visit: www.succeednow.com.

RTG's version of baccarat plays out way too fast and you barely get time to figure out what you need to win on your bet. Most European casinos like Bet365 have figured this out and have the cards flip over much slower.

Baccarat Rules

January 20th, 2015

The rules of baccarat are very basic and easy to follow. Once you get the hang of the rules, this game will be like breaking a peanut because it’s really easy to remember. After knowing the rules completely, you can feel comfortable when you are sitting on a baccarat table or even playing at an online casino.

If you want to try it out for fake money, there are many casinos that offer unlimited free play. We have listed the top online casinos on the home page so that you can choose the best for your game. I personally found it really easy to learn by downloading the game and playing it. It’s far more easier to trial and error rather than reading.

When Playing The Game

When starting, both player and banker deals 2 cards facing down and then the next move depends on what kind of card one has.

If the player or banker has a 2 card total of 8 or 9, he/she turns the cards over immediately as well as the others. Whoever gets a 9 value wins over any lesser total, and if no player has a 9 then 8 wins over any lesser total. Ties are ties, unless it is on bet.
Bets are made prior to any cards being dealt. The banker plays against only one player at a time, but any or all the other players may bet on the hand.
If you want to bet on the Tie hand, you will place your gaming chips in the “Tie” area or on the number corresponding to your seat. A bet on a Tie pays 8 to 1 without any commission fee.

If there is a tie, bets on the “Banker or “Player” are returned, but you can leave them on the betting area for the next round or increase/decrease your bet.

Baccarat Strategy

Baccarat is purely dependent on your luck. Every game has different rules to play. The game is played using a fixed set of rules for the player and the dealer, and they represent the best odds of winning for both the player and for the house which makes it fair for both sides to win. Again, it depends on your luck from here. Calculations have been made that show the odds of the player winning are 44.62%, losing 45.85%, and 9.53% to tie. Thus it would seem to be to your advantage to bet on the house winning on every hand.

To even the odds, the particular casino charges usually 5% on winning player bets placed on the house. Now the next question that strikes in one’s mind is that how should this change the way of how a player wagers? If the commission is less than 5% then it is always to your advantage to bet, while if the commission is more than 5% it pays to bet on the player winning.

The casino’s commission on the winning Banker hand ( 5%) and payouts on a tie bet (8:1 or 9:1) which implies the following casino advantages:

Num of decks

Banker bet 5%

Banker bet 4%

Player bet

Bet tie 9:1

Bet tie 8:1

1 deck*

1.01%

 

1.29%

 

15.57%

6 decks**

1.0558%

0.5972%

1.2374%

4.9313%

14.4382%

8 decks

1.0579%

0.5993%

1.2351%

4.8440%

14.3596%

Baccarat Strategy at the Casino

February 17th, 2014

In general, too many American gamblers have not taken full advantage of the game of baccarat. This is not a huge surprise, given the fact that the game seems to be geared more heavily toward a European sensibility. But it’s still unfortunate; because most stateside players absolutely love baccarat once they get a chance to check it out in a meaningful way. Thus, I think it would be wise to look at the game of baccarat in a bit of detail. This can be of tremendous value for players who are interested in learning but have not found the right opportunity.

As you probably know, there are a number of popular baccarat variations. For the sake of this article, let’s focus exclusively on the format known as Banque. Widely considered to be among the most sophisticated versions of the game, it takes a bit of time to master on any real level. Especially interesting is the option of being the “banker” in a game.

In Banque, the position of banker remains fixed. Three deck of cards are shuffled together. The banker is the player who decides to risk the largest amount. The banker takes his place midway down one side of the table, with the croupier facing him. On either side the banker are the punters, ten per table).

The banker deals three cards, the first to the player on his right, the second to the player on his left and the third to himself. Then three more in the same order. The five punters on the right win or lose by the cards dealt to that side and the five others by the cards dealt to the left side.

Any player may “go bank,” the first claim to do so belonging to the punter immediately on the right of the banker. A player going bank may either do so on a single hand or on two hands separately, one half of the stake being played upon each hand. A player going bank and losing can again go bank two more times.

A player who wants to hold the bank must play out one hand, but can quit any time afterwards. It is then open to any other player (in order of rotation) to continue the bank, starting with the same amount, and dealing from the remainder of the deck used by his predecessor. The outgoing banker takes the place previously occupied by his successor.

A breaking of the bank does not deprive the banker of the right to continue, as long as he or she has funds to replenish it up to the agreed minimum. If the banker loses, the croupier pays the punters in order of rotation as far as the funds in the bank extend. The banker has the option to declare the stakes accepted, putting up al necessary funds to meet them. Obviously, being the banker in a game of baccarat Banque comes with some major risks and potential rewards.

Playing Baccarat at an Online Casino

When you play the game of baccarat online, you will not have many of the options that players will have at the casino. Most online baccarat games are simply a single bet and single hand affair. Let’s say that you play baccarat at allpro casino, you will only be able to place a single wager on either the banker hand or the player hand. You will be able to place a second bet on the two hands tying.

You should always be aware that most online casinos will not allow you to play the game of baccarat when you are currently using a casino bonus. The primary reason for this is because the game has a very small house advantage. The banker hand does have a slight advantage over the player hand because the banker always has the option to draw last. Wagers placed on the banker has a 5% house advantage because there is a 5% commission placed on all wagers on the banker hand.

Baccarat Variants

February 12th, 2014

Baccarat is a very popular game that is played in casinos all around the world. It is a popular game because it is relatively simple and everyone can enjoy them. There are several different types of baccarat that people will play. This is based upon where in the world you are playing the game.

One of the things that remains constant between the different baccarat variations is the general object of the game, which is to wager on the hand that has the higher rank with 9 being the highest possible hand. The suit is not relevant to the winning hand. The Aces always count as 1 and the tens and face cards count as 0. The number in the tens column is always dropped so a card total of 18 is considered to be 8.

American Baccarat

This is the type of baccarat that can be found when you play at an online casino. The basic rules for this game can be found here. When you are playing baccarat online, you are basically playing a one-player version of mini baccarat, which is described below.

When you are playing baccarat at a casino, there are two basic version of the game: the high stakes baccarat tables and the mini baccarat tables. When you are playing in the high stakes section of the casino, you will be seated at a large table that has 14 seats and positions for 3 dealers. The seats are labeled with numbers between 1 and 15, with the number 13 removed for superstitious reasons.

high-stakes-baccarat-table

In this version, each player will have the option to receive the Player’s cards in turn around the table. This player will be able to handle the cards, but this will not change the drawing rules for the player. This is primarily done for the suspense of the rest of the table. Each player will still be able to wager on the Player’s cards, the Banker’s cards, or Tie.

European Baccarat

European Baccarat differs from American Baccarat in two distinct ways.

The person who has control of the Player hand can make a decision whether to stand or draw with a two-card point total of 5. The Banker hand will still use the general rules for drawing the third card with a two-card total of 5.

Also, the casino will front the money for the Banker hand before the hand is played. Let’s say that the banker puts up $10,000 for the hand. If the first three players wager $2,000, $3,000 and $5,000, the other players won’t be able to bet on the current hand. If one of the players wants to match the Banker’s bet, he can say Banco. The rest of the players will not be able to bet on that hand.

Chemin de Fer

Chemin de Fer is fundamentally different from the other versions of baccarat. The players at the table will be playing against each other and not against the casino. The house will collect a fee from each of the players that have a winning bet.

chemin-de-fer

There are two hands that are dealt at a time. The first hand is dealt to the Player and the next hand is dealt to the Banker. One of the players at the table must be the Banker and the players will take turns being the Banker. The person that plays the Player’s hand and the person that plays the Banker’s hand may draw a card regardless of the two-card point total.

Mini Baccarat

Mini Baccarat is the baccarat table that is not located in the high stakes section of the casino. The mini baccarat table has a single dealer and seats for up to seven players. The table limit for a mini baccarat game is usually around $10. This is compared to the minimum of $100 or more that is the table limit at the high stakes baccarat table.

mini-baccarat

The players will usually not have the option to handle the cards, unlike at the high stakes table. Otherwise, the drawing rules are identical to the regular American Baccarat game.

I have already mentioned this once before in a post, but it is very important for you to understand. Most places that give a casino bonus will be for games likes slots, keno, scratch cards and maybe online casino games like blackjack and video poker. You will often not be allowed to wager on baccarat with bonus money.

How to Play Baccarat

January 9th, 2014

Baccarat is one of the games that was meant to be played in a casino. This game more then just about any other is about being social and rooting for the player to win. Most times at the high roller table, it is considered bad etiquette to bet against the player. When you get to the Mini Baccarat tables, this rule doesn’t apply as often.

There are two differences between the High Roller baccarat and Mini baccarat. First, the Mini baccarat table can only seat about half of the people and has only a single dealer compared to the multiple dealers present at the High Stakes baccarat tables.

Second, the gamblers at the tables will take turns being the Player at the High Stakes tables; this gives that player the chance to handle the cards and slowly reveal the cards as others root. In Mini Baccarat, the dealer handles all of the cards and there is less dramatics while playing a hand.

There are only two ways to make this become a successful online casino game:

1) Play at a Live Dealer Baccarat table over the internet.
2) Play with baccarat software that doesn’t deal the cards too fast.

Although I like Real Time Gaming (like Lucky Red Casino), the software deals the cards too fast and you don’t get a good idea of what to root for unless you are an expert. Therefore, it almost turns into a coin flip and isn’t very exciting for casual players.

net-entertainment-baccarat

I do like to play baccarat online with casino software creators like Net Entertainment, Playtech and Microgaming. Those three do a better job of giving you a few seconds between dealing the first two cards to the Banker and Player.

bet365-european-baccarat-dealerWhen it comes to playing at a Live Baccarat table, there is no place better than Bet365 Casino.

They offer both European Live Baccarat dealers and Asian Live Baccarat dealers as well.

When you play live baccarat, you are able to watch the dealer shuffle the cards and deal as if you were at the casino. This takes away the dreaded “payout percentage” that the computer software games are programmed with.

bet365-asian-baccarat-dealerThere may be a Random Number Generator that virtually shuffles the cards and produces a random hand each and every time.

But it is also true that these games have algorithms that determine when the House has won or lost too much money and adjusts the RNG to achieve that payout percentage.

That is why I prefer to play the Live Dealer baccarat tables. The cards are shuffled up and dealt; they aren’t randomly generated.

How to Play Baccarat

Finding a good place to play is important, which is why I took up so much of the post explaining my view on this subject. But, it is even more important to know why that critical third card is dealt to either the Player, Banker or both.

By this point, you should know that the object of the game is to bet on whether the Player or Banker will get a higher point total on a particular hand. Both the Player and Banker will be dealt 2 cards. Based on these two cards, the game can either continue or end right there.

If either the Player or Banker receives a point total of 8 or 9 in the first two cards, it is referred to as a Natural and the game will end without a third card being dealt.

Otherwise:

If the Player receives a 6 or 7, the Player will stand and not take a third card. If the Banker has 5 or less, the Banker must take a third card.

If the Player receive 5 or less, the Player must take a third card. Based upon the Player point total, the Banker will either draw a third card or stand:

If the Player’s 3 card total is 8, the Banker will take a third card if he has 0, 1 or 2 and stand with 3 or higher.

If the Player’s 3 card total is 0, 1 or 9, the Banker will take a third card with 3 points or less.

If the Player’s 3 card total is 2 or 3, the Banker will stand with 5, 6 or 7 points.

If the Player’s 3 card total is 4 or 5, the Banker will stand with 6 or 7 points.

If the Player’s 3 card total is 6 or 7, the Banker will stand with 7 points.

The Dealer will always hit with 0, 1 or 2 and will always stand with 7 points.