Baccarat is one of the more glamorous casino games. It’s played with real money – $100 bills are spread around the table, and players use special high-denomination chips called plaques. The game has an air of exclusivity – a separate room and special tables are often used to accommodate the high rollers.

The rules of baccarat are simple: whichever hand totals closest to nine wins. If neither hand makes it to nine, the third card is drawn only if the initial values of the player and banker hands are close together. In the rare event of a tie, you’ll get your stake back (at odds of 8:1). You can also place side bets such as on the Tie or on the Player. The latter pays 9:5 but is less likely to win.

There are many different versions of baccarat including Mini Baccarat and Chemin de Fer. The difference is that ‘Chemin de Fer’ is not a true baccarat game but rather a variant of the more popular ‘Baccara en banque’ or ‘Baccara a deux tableaux’. This version differs from the classic ‘baccarat punto banco’ in that the banker role is rotated for each coup and all players play against each other, not just against the dealer.

In ‘Baccara a deux tableaux’ the banker role is shared between all players who want to bet on the Banker hand, with each player stating their initial betting amount in counterclockwise order. When all the players have indicated they wish to ‘go bank’, the banker will then deal two cards for himself and one for the bettors side. Each hand is then compared to determine the winner.