Banker or Player? Banker wins more often, but pays a 5% commission. Here is exactly how much that commission costs, why Banker wins more in the first place, and what the gap means over 100 bets.

Yes, you can count cards in baccarat, and the cards left in the shoe really do change the odds. Here's how much, calculated card by card, and why it's usually less than you'd think.

The tie pays 8 to 1, but it only lands about once every 10.5 hands. Here's the full baccarat tie odds math, what a 9 to 1 table changes, and why long tie droughts are normal.

Fresh-shoe baccarat odds are only exact for the first hand. Here's how a probability calculator updates them from the cards that are left, with the numbers worked out for 20 dealt cards.

Banker 1.06%, Player 1.24%, Tie 14.36%. Here is exactly where those three numbers come from, why the Banker bet carries a 5% commission, how baccarat compares with other casino games, and what the house edge adds up to over an evening.

Expected value turns a payout like 40:1 into a price per $100. Here is how to calculate it, the EV of every main bet and the common side bets, and why EV alone does not tell you how bumpy a session will be.

Banker 45.86%, Player 44.62%, Tie 9.52%. The exact baccarat odds for an eight-deck game, what the commission really costs, and why a long losing streak is more common than it feels.