Baccarat is one of the oldest and most prestigious of all casino games. The game is played in casinos all over the world and is often featured in films featuring James Bond. It is especially popular among Asian high rollers. In fact, according to Bill Zender, a former Nevada Gaming Control Agent and casino executive who literally wrote the book on managing casino games, over the past twenty years baccarat has grown more than any other table game in Vegas.
Unlike other table games, baccarat is all about guessing correctly which hand will win on a given round. During an ordinary round, two cards are dealt to both the Player and Banker hands. Occasionally, a third card is drawn to either or both of the hands. A winning hand is the one that gets closest to nine points. Each of the cards has a different value: number cards from 2-9 are worth their pip value, picture cards (Jacks, Queens, and Kings) are worth zero points, and aces equal one point.
In addition to betting on a Banker or Player win, players can place a Super Six Bet or a Pair Bet. Super Six Bets pay out 12:1 odds on a Banker win with six points or more, and Pair Bets pay out 11:1 odds when the first two cards deal a player pair. These side bets can be placed before the round begins.