Baccarat is fun and straightforward to play. However, even experienced players make common mistakes when playing online or at a casino for the first time. 

Not understanding the rules

A new player’s first mistake is not learning the basics of baccarat. Baccarat has simple gameplay with only a few key rules to follow. However, failing to understand things like when to bet on the player, banker, or tie leads to confusion. Read up on the rules and play a few free online games first so you’re prepared for betting real money.

Neglecting the odds

Many new players don’t realize that the odds strongly favor betting on the banker. The banker bet wins often than the player bet over the long run. Always check the payout odds and house edge for each type of bet. Betting on ties seems tempting with higher payouts but has a very high house edge. Stick to betting on the banker to boost your chances of winning.

Chasing losses

It’s easy to fall into the trap of chasing losses after a losing streak. This desperate gambling strategy rarely pays off and will cause you to lose even more money. Have discipline, and stick to betting the same amount consistently regardless of whether you’re on a winning or losing streak.

Not using proper baccarat strategy 

Implementing a proper baccarat strategy based on making the lowest house edge bets is key for long-term success. Always bet on the banker, avoid ties, and set loss limits. More advanced baccarat strategies involve tracking shoe penetration and adjusting bets but are too complex for beginners. Focus on making the smartest wagers based on the odds.

Misreading the trends

Looking for patterns and trends helps guide your bets, but new players often see streaks that aren’t there or that provide no predictive value. Long banker and player streaks will arise naturally but don’t influence future outcomes. Avoid chasing perceived hot or cold streaks. The past results don’t change the fixed odds on each wager.

Betting the tie too often

Some new players will regularly bet on ties assuming they are due to hit eventually. The roughly 9-to-1 payout is attractive but not worth the 14% house edge. Ties only occur around 9% of the time in baccarat, so don’t bet them more than that percentage. Treat the tie bet as an occasional fun side wager, not as a way to profit long-term. One of the standout features of the platform is the opportunity to claim M98 Free Bonuses, which can enhance your gaming experience significantly.

Not shopping for the best games

All baccarat games have similar rules, but subtle differences in house edge, minimums, and side bets affect your profitability. Don’t simply play on the first baccarat table you see. Compare options and find the games using the standard drawing rules and optimal house edges. Seek out the lowest minimums to extend your play.

Failing to take advantage of promotions

Online and land-based casinos run promotions and bonuses that give you an edge when playing baccarat. Be sure to take advantage of signup bonuses, rebates on commission, and other special deals that improve your overall odds and maximize the value you get from the casino. Promotions help overcome the house edge.