Baccarat has a lot of different variants, but the most common one is the game known as baccarat. This is played with a rectangular table, called a ‘Dealer table’ in Europe. In the United States, the most common version of baccarat is ‘table top,’ and uses four playing surface areas, called the ‘chutes,’ which are used to signify the different hands that a player may hold. This type of baccarat also uses two decks of playing cards with jokers on one side, rather than one.
The player who bets the least wins all the money wagered on the baccarat table. There is no house, so all winnings are done in one way by the house. The player who raises the most hands at the end of the game wins the pot. One exception to this rule is when a player bets the same amount on all cards – a double-handed banco. A double-handed banco is when the player is involved in a deal with more hands than the dealer has banes (fold cards).
The dealer is either blind or he is part of a syndicate; in both cases the dealer is responsible for the setting of non-dealer players. The dealer places the blinds on one table with the winning player on the other. Sometimes a blind can be placed in between tables if the dealer is holding one table and several players are participating in the play. Many players will play double-blind, betting without knowing what the dealer has placed on the board, so that only they can see who has the high cards.
If you are playing online, in a baccarat room where you can watch the action, you will usually find a pit boss in the corner. The pit boss is the person who calls out the winning hand before the show is over. There are sometimes comps given by the casinos, which the pit bosses will use to pull in new players.
The actual play progresses according to the type of baccarat table you are in. In the first phase of play, known as the stand-off, the players seated across from the dealer form a circle around him. The dealer then reveals a card and the recipient of that card must immediately call (either pass or fold) or throw (pass) the same card back to the dealer. The stand-off continues until someone passes, says “off,” or taps the card from behind the dealer’s head. Once the recipient has called or passed, the dealer reveals another card and the play progress in that order.