One of the main differences between the different variations of Baccarat is the position of the banker and who undertakes it. In the version of the game known as Chemin de Fer, the position of the banker passes clockwise from player to player each time the banker loses rather than being fixed by the individual casino. The house, however, provides the banker with funds throughout the game. If you don’t want to play the role of the banker it will be automatically passed to the next player. The objective of each version of the game is the same: to reach 9. The game starts by the banker dealing four cards to each player and to himself, then each player turns his cards over and sum the value of all cards. A player having a total lower than five will usually draw another card, while a player with a hand greater than 5 will usually stand. Then the banker compares all the hands and the player with the closest to 9 hand is the winner and he gets paid.

There are a lot of questions and disputes about the origin of Punto Banco. George Raft's Capri Casino in Havana is said to be the inventor of the game. The game's creator, Tommy Renzoni, stated in his book that Punto Banco, as it was called in Cuba, was brought to Las Vegas by him in the late 1950s. When this game was played in the Sands casino for the first time, the casino lost 0,000. In Italy the game of Baccarat appeared in the 1480s from a deck of tarot cards. The word ‘baccarat’ means ‘zero’ in Italian, that’s why the game got its name ‘baccarat’, as the value of most cards is zero. Some Baccarat stories say that the game originates from an old Etruscan ritual of the nine gods. They prayed to a blonde virgin on their tiptoes waiting for her to throw a nine-sided die. Her fate was dependent on the result of the die. In the case of 8 or 9 she became a priestess. If she threw a six or seven, she would be banned from any further religious activities. She would walk into the sea in the case of any other number rolled.In the 1500's, Baccarat was introduced to the French by the Italians. The game was then called "Chemin de Fer." The French people say that the game of Baccarat originated from France. Later the game of Baccarat moved from France to Argentina. Then it was played in casinos of Mar Del Plata.