The position of the banker and who undertakes it is the main difference between Baccarat variations. In Baccarat Chemin de Fer different players play the role of the banker, which passes form player to player in the clockwise direction every time the shooter loses. The banker will be provided with funds by the bank. A player may, if he or she wishes, pass up the opportunity to be the banker; in which case, it simply passes to the next person. Each Baccarat game has the same principle. The player’s hand is to be as close to 9 as possible. 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 view points about the appearance of Punto Banco in modern casinos. Punto Banco is said to have originated from George Raft’s Capri casinos in Cuba. 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. If translate form Italian the word ‘baccarat’ means ‘zero’, the game got the same name as the value of most cards is zero. According to early stories about Baccarat the game appeared long ago and it is based on Etruscan ritual of the nine gods, who prayed to a blonde virgin on their tiptoes waiting for her to throw a nine-sided die. Her fate depended on the result of the die. If an eight or a nine was thrown, she would become the priestess. In the case of 6 or 7 the virgin was prohibited from any further religious activities. If she threw any number less than six, she would walk into the sea.
In the 1550s the game appeared in France, where it got its new name. Now it was called ‘Chemin de Fer’. However, the French also claim credit for inventing Baccarat. Either way, the French aristocracy, always seeking new and different idle pastimes, warmed to the game immediately. Later the game of Baccarat moved from France to Argentina. Then it was played in casinos of Mar Del Plata.