The objective of the game is to try to guess if the banker or the player will win. It is easy to place the bet and you can sit back and wait for the result. A handy baccarat scoreboard is normally displayed on the screen and, with this, you can track the previous game’s results and statistics. The main bets are:
Banker
This is usually considered the best option because the banker bet has the lowest house edge. However, this usually comes with a 5% commission.
Player
This is the second-best option. It has a higher house edge than the banker but you’re not paying a commission.
Tie
The tie bet assumes that the card values of the banker and the player will be equal. This is a risky bet but the payout is high.
8 Deck Baccarat odds and payouts Baccarat Common bets: Odds, Payouts & House Edge – 8 Deck Bet Banker Bet Player Bet Tie Bet
8 Deck Baccarat odds and payouts
Baccarat Common bets: Odds, Payouts & house Edge – 8 Deck |
Bet |
Odds |
Payout |
House Edge % |
Banker Bet |
45.86% |
0.95:1 |
1.06 |
Player Bet |
44.62% |
1:1 |
1.24 |
Tie Bet |
9.52% |
8:1 |
14.36 |
More variations of bets in baccarat

There may be more types of bets available for you in online baccarat but they may vary from casino to casino.
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Player pair
This side bet pays if the first two cards dealt with the player are a pair.
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Banker pair
This side bet pays if the first two cards dealt with the banker are a pair.
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Perfect pair
The perfect pair will win if either the banker or the player has a pair in both rank and suit.
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Either pair
This option pays if either the banker or the player has a pair.
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Panda 8
This side bet is paid if the player wins with three cards and a total value of 8.
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Lucky 8
This side bet is won if the total hand value is 8 and it beats the other hand.
To save you time, we’ve collected all data about side bet odds and payouts in one place:
Online Baccarat side bets - odds & payouts
Baccarat Side bets: Odds, Payouts & house Edge |
Bet |
Odds |
Payout |
House Edge % |
Player pair |
7.47% |
11:1 |
10.36 |
Banker Pair |
7.47% |
11:1 |
10.36 |
Perfect pair |
3.34% |
25:1 |
13.03 |
Either pair |
14.2% |
5:1 |
13.71 |
Panda 8 |
– |
25:1 |
10.18 |
Lucky 8 |
– |
4:1 |
13.65 |