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A fresh shoe of cards is being prepared and the beautiful rituals of baccarat slowly unfold. Next, the cards are washed in beautiful swirls across the table. They are finally grouped together and loaded into the shoe.

Lucky for Caesars, though, Packer remained in town and played long enough and high enough to give back those winnings and then some. But even his mega-wagers can only put a dent in the long-term take that Las Vegas Strip casinos enjoy from baccarat, which, according to The Wall Street Journal, totaled $536 million in 2000.

If you bet on the Player hand winning, you are paid 1 to 1, or even money should it win. If the Player and Banker's hand are the same, blueskymystyleus.com it is a tie, and neither bet wins or loses. However, you can also bet on a Tie before the hand is dealt. While the house edge is 1.06 percent on the Banker bet and 1.24 percent on the Player bet, the Tie bet has a much larger house edge of 14.36 percent with an 8-deck shoe. By far, the most common style played is punto banco, where the closest total value to 9 between a pair of cards by "Player" or "Banker" wins. Keep in mind for the advantages above given to the banker, all winning bets on banker will pay a 5% commission to the house. If you’ve been anywhere from a sticky-floor California card room to the tuxedo-laden casinos of Monaco, you’ve probably seen the game of baccarat played in one form or another.

After the completion of the initial deal of 2 cards to each player, the dealer collects all losing Perfect Pairs Bets and then pays all winning Perfect Pairs Bets. Accordingly, all Perfect Pairs Bets have been dealt with prior to the players making any decisions on the way they are to play their hands.