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.
So what do you do with a winning tie bet?
You pay the tie (Bet x 8) and all of the other bets push.
After the winning hand has been determined, take all of the losing bets starting from your right hand
side and going left. Place these bets in a specific area until the entire hand is complete and you
can re-organize your rack. Some casinos will want you to place these losing bets on the table until
the entire hand is complete. Other casinos will want you to place these chips in the rack but in a
specific spot. And a small amount of casinos don’t care what you do with it.
After taking the losing bets, start at the right hand side and pay the winning bets, starting from the bet closest to the player. When the Player wins the bet gets paid 1:1. When the Banker wins the bet gets paid 1:1 minus a 5% commission. As soon as you’re done paying the Banker bet, mark the commission. Do not proceed to the next spot until the commission has been marked or paid.
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.
Now it’s time to explain how to figure out a 5% commission. 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 and add the commissions as you go.
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 deal the most basic of baccarat games.