Baccarat is a casino game with an air of sophistication, evoking images of men in tuxedos and women in posh evening gowns placing chips on the table as a dealer hands out cards. This card game is easy to learn, and you don’t have to be a high roller to play it. In fact, it’s a great game to play if you have limited bankroll because you can place small bets and still enjoy the elegance of this thrilling card game.

When you’re ready to start playing, choose your bets based on the outcome of each round and adjust them accordingly. You can bet on the Player, the Banker or a Tie. The goal is to get a total closest to 9. Once you’ve placed your bet, two cards will be dealt to the Player and Banker. Afterwards, the winning hand is determined.

Regardless of your betting strategy, it’s important to understand how the payout system works in baccarat. Both the Player and Banker bets pay even money, while a tie bet offers higher odds but lower payouts. As a result, the Banker bet is the best option for players looking to maximize their chances of winning.

Another strategy that can be used in baccarat is the Martingale betting system. This system is popular for casino games that pay out even money, including baccarat. It starts with flat betting and continues by filling out the results of each game in a score board sheet. Once you know which patterns are trending, you can increase your bet size based on the pattern.

You can also use free online baccarat games to practice your betting strategies before you move on to real money games. These games let you make mistakes risk-free and build confidence before you try out the game for real cash. These games also give you an idea of how much you can win before you start placing your real-money bets.

The best strategy for Baccarat is to bet on the Banker. It pays out a better return than the Player bet and has the same house edge as the Tie bet. In addition, it is the only bet that pays out if the banker wins. The only drawback to this strategy is that you may lose more than you win.

To avoid losing more than you win, follow the 1-3-2-4 baccarat betting strategy. This is a reinvention of the 1-3-2-6 system that helps players reduce their losses by limiting how large they can bet on each round. This system also allows players to extend their bankrolls over several rounds and prevents them from making big bets when they’re on a losing streak. However, the 1-3-2-4 system can be difficult to implement and requires a lot of discipline.