Baccarat is the card game you see in James Bond movies, a classic game of chance that exudes sophistication and class. It’s also one of the easiest casino games to learn and is a great choice for beginners. But despite its mystique, baccarat is just another casino game that can be beat by anyone willing to take the time and effort to study the rules and strategy.

The main goal of baccarat is to get a winning hand, either the player’s or banker’s. The winning hand is the one that has a total value closest to 9. When all the pips (the dots on a playing card that identify its suits) are added up, the final number must be closer to nine than any other number. The cards 2 to 9 hold their values, while aces count as one (never 11) and face cards count as zero. In addition, the banker bet has a lower house edge than the player bet.

There are a few simple strategies you can use to improve your chances of winning in baccarat. A common strategy is to follow the 1-3-2-6 system, which ensures you never bet more than two units from your bankroll in a row. This can help you stretch your bankroll across multiple baccarat games and keep you from making big bets during losing streaks. Another variation on this strategy is the 1-3-2-4 system, which decreases your bet by two units each round and helps you avoid going broke while still giving you enough money to win in baccarat.

Another important strategy is to limit your losses by not betting on ties. Tie bets are the most risky of all casino bets, and they are more likely to empty your wallet than bring you gains. Whenever you play, make sure to set a loss limit beforehand and stick to it. It’s also a good idea to stay sober and take a break after a big win. This will allow you to regain your perspective and prevent you from chasing past wins that you may not have earned in the first place.

Besides the player and banker bets, there are several other wagers that you can make in baccarat. These bets will vary by establishment and platform, but they usually include a tie, player pair, and banker pair. The odds on these bets will also vary, but they should always factor into your betting strategy.

Lastly, remember to always check out the house edge and minimum bet amounts of a casino before you begin playing baccarat. You can do this by reading the casino’s terms and conditions or contacting their customer service team. This will give you an idea of how much the casino will take from your bets, and you should try to find a casino with a low banker’s cut. Ideally, the banker’s cut should be no more than 5%. If the banker’s cut is too high, you should look for a different casino.