Baccarat is a popular casino game with a long and storied history. It’s a game of chance, and players are often left hoping for the best. One of the most common phrases heard in baccarat circles is “monkey”. But why do baccarat players say monkey? Let’s take a closer look at the origins and meaning of this baccarat lingo.
What Does Monkey Mean in Baccarat?
The meaning of the word “monkey” in baccarat is generally accepted to refer to a bet that is made on a tie. This is a risky move, as the house edge for a tie bet is substantially higher than for other baccarat bets. Nevertheless, some players prefer to take the risk and go for the tie bet, hoping for a big payout. The phrase “monkey” is used to refer to this type of bet, and can also be used to describe a player who is willing to take such a risk.
The Origins of the Phrase
The origin of the phrase “monkey” in baccarat is not known for certain. Some believe that it comes from the fact that monkeys are famously unpredictable animals, and thus the phrase is used to refer to a risky bet. Others believe that it may have something to do with the fact that, historically, baccarat was a game popular among the wealthy, who may have referred to a risky bet as “monkeying around” with their money.
Whatever the origin of the phrase, it has been used in baccarat circles for many years and is widely accepted as referring to a bet on a tie.
Why Do Some Players Go for the Tie Bet?
The tie bet in baccarat is considered a risky move, as the house edge is 8.5%, which is much higher than the house edge for other bets. Despite this, some players still choose to make the tie bet, in hopes of a big payout.
The tie bet pays out at 8:1, meaning that for every dollar bet, the player can potentially win $8. This is a much higher payoff than the other bets in baccarat, which is why some players are willing to take the risk and go for it.
The Advantages and Disadvantages of the Tie Bet
The tie bet in baccarat has both advantages and disadvantages. On the one hand, it has the potential to pay out at 8:1, which is a much higher rate than other bets. On the other hand, the house edge is much higher than on other bets, making it a riskier option.
For players who are looking for a high-risk, high-reward bet, the tie bet might be a good option. However, for more conservative players, it might be wise to stick with the other bets in baccarat, where the house edge is much lower.
The phrase “monkey” in baccarat is widely accepted as referring to a bet on a tie. The origin of the phrase is not known for certain, but it is likely linked to the fact that a tie bet is a risky move. Despite the higher house edge, some players still choose to make this bet, in hopes of a big payout. The tie bet has both advantages and disadvantages, and players should take this into consideration when deciding whether or not to make this bet.