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Spread-Bet Baccarat
Introduction
I noticed Spread-Bet Baccarat at the Cammegh area at the 2018 Global Gaming Expo. It is a set of six side bets in baccarat on both the winning side and total.
Rules
- The Spread Bets are based on conventional eight-deck baccarat.
- There are six Spread Bets available, as follows:
- Player has winning total of 1 to 3 — Wins pay 30 to 1
- Player has winning total of 5 or 6 — Wins pay 8 to 1
- Player has winning total of 8 or 9 — Wins pay 3 to 1
- Banker has winning total of 1 to 3 — Wins pay 30 to 1
- Banker has winning total of 5 or 6 — Wins pay 8 to 1
- Banker has winning total of 8 or 9 — Wins pay 3 to 1
Analysis
The following table shows the number of winning combinations (out of 4,998,398,275,503,360) for each bet, probability of winning, and expected return.
Spread-Bet Baccarat Analysis
| Winning Side |
Winning Total |
Pays | Combinations | Probability | Expected Value |
|---|---|---|---|---|---|
| Player | 1 to 3 | 30 | 131,914,141,960,192 | 0.026391 | -0.181870 |
| Banker | 1 to 3 | 30 | 141,900,480,337,920 | 0.028389 | -0.119935 |
| Player | 5 or 6 | 8 | 435,497,172,389,888 | 0.087127 | -0.215854 |
| Banker | 5 or 6 | 8 | 485,948,233,371,648 | 0.097221 | -0.125013 |
| Player | 8 or 9 | 3 | 1,168,897,217,675,260 | 0.233854 | -0.064583 |
| Banker | 8 or 9 | 3 | 1,116,764,737,675,260 | 0.223425 | -0.106302 |