Baccarat is one of the easiest casino games to play and maintains a low house edge, which makes it an appealing option for players who are looking to maximize their chances of winning. The game is also featured in the James Bond films and is a popular choice among Asian high rollers, who typically play the “chemin de fer” variation of the game.

A baccarat table has from seven to 14 seats for players and an area where they can place their Player, Banker, or Tie bets. Before playing, players should familiarize themselves with the rules of baccarat and be sure they have enough money to play for the night. It is a good idea to set a limit for your bets in advance and stick to it, even after winning or losing. This way, you’ll avoid going overboard and ruining your evening.

The dealer will deal two cards for each of the Banker’s and Player’s hands, which are face up and visible to all players at the table. The hand with the highest total wins. Regardless of which side you bet on, a small commission is paid to the casino when you win. This fee varies by casino, but is generally about 5-10% of your winnings.

Once all bets have been placed, the dealer will reveal both of the hands and compare them. If either of the hands is a winner, no further cards will be drawn. If neither of the hands is a winner, a third card will be drawn if necessary.

If the Player’s hand is a winner, it must stand on 6. If the Banker’s hand is a winner, it can stand on 6 or 8. If the game ends in a tie, then the third card will be drawn.

If a third card is drawn, it must be added to the first number in the player’s total to determine the new value of the hand. For example, if the player has a 7 and an 8, the new total would be 15 instead of 16. This method is used in both the Punto Banco and Chemin de Fer versions of the game.