Baccarat vs Blackjack: Which Game Has Better Odds?

November 9, 2025
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By Math of Luck Team
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Baccarat vs Blackjack: Which Game Has Better Odds?

When you walk into a casino, two card games stand out for having some of the best odds: Baccarat and Blackjack. But which one actually gives you a better chance of winning? Let's break down the mathematics.

The House Edge Comparison

**Baccarat (Banker Bet):** 1.06% house edge

**Blackjack (Basic Strategy):** 0.5% house edge

At first glance, Blackjack appears superior. And mathematically, it is — but there's a critical caveat: **you must play perfect basic strategy** to achieve that 0.5% edge. Make mistakes, and the house edge quickly climbs to 2-3% or higher.

Baccarat, on the other hand, requires zero skill. You simply bet on Banker or Player, and the 1.06% edge on Banker bets remains constant regardless of your decisions.

Volatility and Variance

Baccarat has **lower volatility** than Blackjack. Since you're making simple even-money bets (minus a 5% commission on Banker wins), your bankroll experiences smoother swings.

Blackjack offers **higher variance** due to:

- Splitting pairs

- Doubling down

- Blackjack payouts (3:2 or 6:5)

- Insurance bets

This means larger short-term swings in both directions. You can win big faster, but you can also lose your bankroll more quickly.

Skill vs Simplicity

**Blackjack requires:**

- Memorizing basic strategy charts

- Making correct decisions under pressure

- Avoiding insurance and side bets

- Maintaining discipline through variance

**Baccarat requires:**

- Choosing "Banker" (and occasionally "Player")

- Nothing else

If you deviate from basic strategy in Blackjack — hitting when you should stand, not splitting pairs correctly, taking insurance — you're likely giving the casino a **bigger edge than Baccarat**.

Speed of Play

Baccarat is typically faster, with 70-80 hands per hour at a full table.

Blackjack averages 50-60 hands per hour.

More hands per hour means **more money at risk**. Even with a lower house edge, faster play can increase your expected loss rate.

The Verdict

**Choose Blackjack if:**

- You've mastered basic strategy

- You enjoy decision-making

- You want the absolute lowest house edge

- You can handle higher variance

**Choose Baccarat if:**

- You want simplicity

- You prefer lower volatility

- You don't want to memorize strategy

- You're playing casually

The Math of Bankroll Depletion

Let's simulate a 5-hour session with $1,000 bankroll and $25 bets:

**Blackjack (perfect basic strategy):**

- Expected loss: ~$62.50

- Bust risk (moderate variance): ~15%

**Baccarat (Banker bets):**

- Expected loss: ~$66.25

- Bust risk (low variance): ~8%

Despite Baccarat's slightly higher expected loss, **lower variance means lower bust risk** for the same bankroll size.

What About Card Counting?

Card counting in Blackjack can flip the edge to the player's favor (0.5-1.5% advantage). However:

- It requires significant skill and practice

- Casinos actively ban suspected counters

- Modern shoe penetration limits effectiveness

- It's mentally exhausting

For the average player, **card counting isn't realistic**.

Common Mistakes to Avoid

**In Blackjack:**

- Never take insurance (5.9% house edge)

- Avoid 6:5 Blackjack tables (1.4% higher edge)

- Don't play drunk or tired

**In Baccarat:**

- Never bet "Tie" (14.4% house edge)

- Stick to Banker or Player only

- Ignore pattern tracking myths

The Real Answer

Both games offer excellent odds compared to slots, roulette, or craps. The "better" choice depends on your skill level and preferences.

**Bottom line:** If you can execute perfect basic strategy without errors, Blackjack edges out Baccarat by 0.56%. But if you're playing casually and want simplicity, Baccarat's consistent 1.06% edge is hard to beat.

Try It Yourself

Use our simulator to compare both games side-by-side. Run 1,000 hands of each with the same bankroll and betting strategy. You'll see how the house edge and variance play out in practice.

Remember: **No betting strategy changes the house edge**. Martingale, Fibonacci, and other systems don't work on either game. The math is unbeatable in the long run.