Baccarat has a pretty reasonable set of odds for the player. On player bets the house has a small edge, to compensate for this the house takes a commission (usually 5 percent) on winningbank bets.Bets are made prior to any cards being dealt. The banker plays against only one player at a time, but any or all the other players may bet on the hand.Baccarat is played on a kidney shaped table that can sit up to 12 or 14 players depending on the size of the table. Three dealers (croupiers) run the game; one handles the cards, while theother two handle the wagers and the commission that is paid on winning bank bets. Where the players sit is not important, but bets must be made in a marked area on the table thatcorresponds to the players seat. Players may bet three ways: on the bank, on the players hand, or for a tie. Players often switch from betting on the bank to betting on the players hand andvice versa. (Betting for a tie is not usually smart, while having a larger payoff, it is considered one of the worst wagers in the casino.) A bet is made by placing money on the table in yourmarked area on the wagered spot. For example if you are player number 3 and wish to bet on the bank you place the desired wager amount on the table layout place for player number 3marked bank.Winning player and bank bets pay even money (excluding commissions) Hands that result in a tie pay off tie wagers at 8 to 1 and a bank or player bet is treated as a push with the moneysitting on the table for the next hand.