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Why Baccarat is dangerous for Casinos

2019-09-12

Why Baccarat is dangerous for Casinos

Baccarat happens to be among the most prominent casino games in the world but remains an enigma for a majority of casino players. The game is known to bring a lot of revenue to casinos, with Asia and Singapore being the two places which record the highest income from it.

Even though baccarat brings in a lot of income to the casinos, most casino players do not like to play the game, despite it being a fun-filled activity. Over the last twenty years, the casinos have been particularly trying to discourage high rollers, for a variety of reasons, such as the ones highlighted below.

Increasing Odds Increases Winning Chances

Baccarat is a low hold percentage game, with 1.2% being the average house advantage on player and banker bets. Upon playing for an extended period, the edge of the house increases to 14% on a third bet, which explains why experienced players usually stick to banker or player.

The game is usually reserved for the high-limit gaming areas only, where the stakes are always quite high. The main idea is to get closer to nine in comparison to the opposite hand. The player gets to decide which hand to bet on, as well as the amount of money to wager.

Players Can Win Big

The chances of a high-roller player winning big are quite high, due to the improved odds. The winnings are at the expense of the casino. It is true that the casinos also stand a chance of winning a lot of money within a short time, but the risks are too high.

There are a good number of casinos which have lost millions of dollars to baccarat players in the recent past. Such statistics are what makes casinos fear baccarat. In light of this fact, some casinos have done away with the game, to minimize the chances of the house losing money.

Casino Solutions

Most casinos which offer baccarat, try to take extra measures to avoid losing vast sums of money within a short time. Most casinos opt to limit the amount of money that a player can bet on a single hand, which in turn limits the amount of money that the player can win.

They also offer the game on a single table, as opposed to the double tables, which were the case in the elegant European origins. On the regular casino floors, the table minimums are usually lower compared to the pricey areas. As a result, casinos have managed to reduce the risks or grow their bottom line.

Why Some Casinos Do Not Fancy Offering Baccarat Games

Despite the fact that Baccarat is popular among casino players, it is not the best game for casinos in terms of profitability.

How to Play Live Craps

2020-09-20Craps is a game where participants gamble on the results of the roll of a pair of dice. It is played on a purpose-built table where two dice are used. Being such a popular game, the dice are made under strict standards and replaced after an eight-hour use. Live craps online use chips to make a wager on the craps table. Further, the bets will vary among the casino due to aspects like payouts, location and availability. It is played in rounds with bets placed on them. Playing craps is lucrative and enjoyable, once the players understand the rules and implement the right strategy.

Popular Gambling Games in Asia

2020-09-19Gambling and casinos are games that have been part of the Asian culture. Macau, located off the coast of China, is the “gambling capital” with revenues that account for 50% of the economy. In 2015 alone, the gambling revenue for Macau was $28 billion. Many modern casino games originated from Asia. In Asia, fortune, chance, and luck are closely associated with their culture. Initially, many citizens would travel to the USA to learn and try their luck in [live casinos](https://livecasinorank.com/). Now Asia h as the best casinos in the form of revenues in Macau. With robust Asian traditions, here are some of the most popular Asian casino games.

Winning Tips When Playing Dragon Tiger Casino

2020-09-17Dragon Tiger is a thrilling baccarat-like card game that is prevalent among Asian gamblers. Initially incepted in Cambodia, it has spread rapidly and is now featured in reputable online casinos. Its fast-paced nature plus simplicity is the reason why players love it. Gamblers can enjoy this game for fun or money. Dragon Tiger’s objective is to foretell the hand with the highest card. Two cards, the [Tiger and the Dragon](https://livecasinorank.com/games/dragon-tiger/), are involved. Play ers get three possible outcomes; a win, lose, or a tie (push). A standard 6 to 8 decks in a shoe is used in this game. Here are handy tips to use when wagering.
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