The Tie is a 3rd bet that only wins if both the Player and the Banker’s final total are the same.
If Player and Banker aren’t the same then the tie bet loses. The player can bet on the tie either
as a lone bet or in conjunction with a Player/Banker bet. If the hand is a tie, the Banker and
Player bets do not lose. These bets push.
If the tie wins it usually pays either “8 to 1” or “9 for 1”. Which is exactly the same thing. If a bet pays you 8 to 1 then that means you receive 8 times your original bet. If the bet pays 9 for 1 then that means the casino will give you 9 units in exchange for your one unit.
A common question I hear from newbies is, "Wait! Why did my dealer take money out of my winnings?!?" They
are not trying to steal from you, this is called a commission. When the Player wins the bet gets paid 1 to
1. When the Banker wins, the bet gets paid 1 to 1 minus a 5% commission.
Why does the casino charge a 5% commission? Both the Player and the Banker get paid 1:1 but it has been established that over an 8 deck period, the Banker will win 3 to 4 hands more than the Player. To correct this, the casinos have decided to charge a 5% commission on Banker.
What if you want to figure out the 5% commission. How would you do that? Don’t worry it’s easier than it looks.
There are two methods you can use; the first method is a simple calculation you can do in your head. Take 10% of the bet and divide it by 2.
Or you could memorize the basic chart.
If you remember that every $5 bet owes a $0.25 commission, every $25 bet owes a $1.25 commission and every $100 bet owes a $5 commission then you’ll be set to play the most basic of baccarat games.