The position of the banker and who undertakes it is the main difference between Baccarat variations. If you play Baccarat Chemin de Fer you will notice that the role of the bank is played by different players. The banker position passes clockwise from player to player every time the banker loses. 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 the game always remainds the same for all Baccarat games. The player has to form a hand as close to 9 as possible. The player, who plays the role of the banker, deals each player four cards, then the cards are turned over and their value is summed. 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.

The rules of the game of baccarat have been neatly constructed to produce a insignificant, but measurable benefit for the casino for both Player and Banker wagers, and a high jump in advantage for Tie stakes. Complicated calculations are used to establish that the banker will get 50.68% of all non-tie games and the player 49.32%. Using 100 credits worth of wagers against these percentages indicates that you might hope to lose 50.68 and get 49.32. The difference between the two is 1.36, hence a 1.36 house edge against the "player" stake.
Thus with what intent then, a player may ask, does the Banker stake offers no true house benefit in case if it wins more than half of the time at 50.68% ? Indeed, gambling houses are definitely cautious to it. If they allowed the game to be played giving up an advantage to gamblers, they would turn out to be bankrupt. Gambling houses have taken this advantages dissimilarity into account, and made advantage back into their favor by means of a 5% commission on winning Banker stakes. The "banker" bet odds may be calculated as follows: let's suppose you are betting 100 credits. Taking into account the 5% percentage upon winning Banker stakes, a player will win 0.95 for each one payment wagered. Expecting to get 50.68% of the time, multiply 0.95 by 50.68 and you get 48.15. You yet may happen to lose 49.32, and the difference is 1.17, resulting in a 1.17% house benefit. Tie wagers happen almost 9.55% of the time, meaning the real advantages of a draw wager are 9.47 to 1. Dividing 9.55 into 100 gives 10.47 and taking into consideration the fact that you will receive your original wager back, the appropriate advantages are 9.47 to 1. So, winning a draw bet must have you winding up with 10.47 payments, but instead you leave with 9. Dividing the difference, 1.47, into 10.47 gives the casino a 14.4% profit. One might be tempted by the 8 to 1 payout, however the advantages on that wager are unfavorable compared to the Banker and "player" despite the 5% commission attached to winning the Banker stake, it yet gives the most beneficial odds in Baccarat game, and over time one can expect to lose less by applying this option.