Baccarat is a card game that has been around for centuries. It is believed to have originated in Italy and first appeared in France in the late 19th century. It is often played in casinos and has become a popular game for high rollers and those looking to have some fun and win some money. The game is easy to learn but can be quite complex, depending on the variation. One of the more popular variations of the game is the Tiger Bet.
What Is the Tiger Bet?
The Tiger Bet is a side bet in baccarat that was first introduced in the late 1990s. It is a bet that pays out if the outcome of a hand is a specific combination of cards. The Tiger Bet pays out if the outcome of the hand is a 7-card straight, meaning that the 7 cards must all be in order and they must all be of the same suit. For example, the 7-card straight could be Ace, 2, 3, 4, 5, 6 and 7 of hearts.
How Does the Tiger Bet Work?
In order to make a Tiger Bet, players must first place a wager on the Player, Banker or Tie bet. After the Player and Banker hands have been dealt, the Tiger Bet will be evaluated. If the outcome of the hand is a 7-card straight, then the Tiger Bet will be paid out. The payout for a Tiger Bet is usually 10 to 1, meaning that if the bet is successful, the player will receive 10 times their original wager.
What Are the Odds of Winning a Tiger Bet?
The odds of winning a Tiger Bet are quite low, as only one combination of 7 cards will result in a successful bet. The odds of winning a Tiger Bet are approximately 1 in 649,740. This means that for every 649,740 hands of baccarat, there is only one chance of winning a Tiger Bet.
Advantages and Disadvantages of the Tiger Bet
The Tiger Bet can be a great way to add some excitement to a game of baccarat. The payout for a successful Tiger Bet is 10 to 1, which can be quite lucrative if the bet is successful. However, the odds of winning are quite low, meaning that players should be prepared to lose their wager. Additionally, the Tiger Bet can be risky as it requires players to place a wager on the Player, Banker or Tie bet before they can make the Tiger Bet.
The Tiger Bet is an exciting side bet in baccarat that can be quite lucrative if it is successful. The odds of winning the bet are quite low, but the payout is 10 to 1. Players should understand the risks involved with the Tiger Bet before they decide to place a wager. With this knowledge, players can decide if they want to take a chance on the Tiger Bet and potentially win big.