The game of baccarat is one of the most popular casino games, a favorite of high rollers and casual players alike. Its straightforward rules and engaging gameplay make it a fun and easy choice for gamblers. However, it is important to understand the game’s payouts, odds and other important details before playing for real money. This guide will take you through the basics of baccarat and help you learn how to play the game correctly.

A baccarat table is set up in a circular or oval shape with two areas for Player and Banker bets. Once everyone has placed their bets, the dealer will deal the cards. Each hand will receive two cards face up. If the total for the Player or Banker is 8 or 9 on the first two cards, the bets are won and the winnings are paid out immediately. If the total is not 8 or 9, the third card is drawn.

There are several different variations of baccarat, including punto banco, chemin de fer, and Dragon 7. Each has its own payouts and house edge. The game is also available in progressive jackpot versions that increase the odds of hitting a big win.

The most common version of baccarat is punto banco, which is played in casinos across the world. It uses six or eight decks of cards and is similar to a game of blackjack. The goal of the game is to guess which hand will have a total closest to 9. While this might sound difficult, punto banco is a simple and easy-to-play game.