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Jackpot Baccarat

Introduction

I first noticed Jackpot Baccarat at Harrah's Las Vegas on February 16, 2016. It is a simple, poker-based side bet based on the first four cards dealt in a game of baccarat.
 

Rules

 

The Jackpot Baccarat side bet pays based on the poker value of the initial two cards dealt to both the Player and Banker hands. The pay table is shown below.

Pay Table

Event Pays
Mini royal 250 to 1
Four of a kind 75 to 1
Straight flush 50 to 1
Three of a kind 15 to 1
Flush 10 to 1
Straight 5 to 1
Two pair 4 to 1
Pair of aces 2 to 1
Pair 10's to K's Push
 

Analysis

 

The following table shows my analysis of Jackpot Baccarat, based on eight decks of cards.

Jackpot Baccarat Analysis

Event Pays Combinations Probability Return
Mini royal 250 16,384 0.000013 0.003330
Four of a kind 75 467,480 0.000380 0.028506
Straight flush 50 163,840 0.000133 0.006661
Three of a kind 15 24,760,320 0.020131 0.301972
Flush 10 17,929,088 0.014577 0.145773
Straight 5 11,354,112 0.009232 0.046158
Two pair 4 18,944,640 0.015403 0.061612
Pair of aces 2 33,048,576 0.026870 0.053741
Pair 10's to K's 0 132,194,304 0.107481 0.000000
Loser -1 991,051,776 0.805779 -0.805779
Total   1,229,930,520 1.000000 -0.158026