Baccarat, also known as punto banco, is one of the oldest and most popular games in casinos all over the world. It is especially popular among high-rollers and Asian gamblers. In Macau, Baccarat accounts for over 80 percent of casino revenues. The house advantage with the three betting options in Baccarat: Player, Banker or tie is well-known. However, it is the volatility of the game that causes casino executives sleepless nights. Volatility can work both ways, it can hugely benefit casino operators but can also put a significant dent in the casino’s bottom line. In the 3rd quarter of 2007, Las Vegas Sands recorded a loss of US$48.5 million, largely attributable to a run of bad luck on its VIP baccarat tables in Macau.
One option exercised by casino executives to shield the house from the adverse impact of game volatility is to set rules on table maximums (or differentials). While table maximums can help protect the casino from sever downside exposure, they also drastically limit the amount of money the casino can recoup from players in the event of a “run” on player or banker. The challenge for casino management is to arrive at an informed judgment about both the payoff as well as risk at different levels of table maximum. GamePlan Baccarat does just that. Key in the player’s bets, betting strategy, and the table maximum, and you will be able to get a realistic picture of what you stand to make, how much by way of maximum winning bets you will pay out, and your total risk exposure. You can do this exercise for one shoe, thirty shoes or 3,000+ shoes. Use this intelligent tool today to maximize your baccarat revenues while controlling for risk in an informed manner. No matter what the players’ betting strategy, GamePlan Baccarat always keeps you in control of the game.