Quote:
Originally Posted by Chipsahoy
if you bet the bank will get the highest hand, and your right, you win double your bet, minus 15% that goes to the bank.
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I think the commission on winning banker hands is only 5%.
Great explanation!
Here are some of the odds thanks to the Wizard of Odds: (based on 8 decks)
Banker Bets - 1.06% house edge
Player Bets - 1.24% house edge
Tie Bet - 14.36% house edge
House edge is basically the percentage of lose one can expect from an initial bet.
So betting $10 on the banker you will lose (on average) 10 cents. The player - 12 cents and the tie bet - $1.44. Of course making the tie bet the worse of the three.