Baccarat is a casino card game that looks a lot like blackjack, but has much simpler rules. It is a popular choice for high rollers, as it can be played with large amounts of cash. It is also one of the most exciting games to play in a casino.

While baccarat is a game of chance, there are a few strategies that can help players win more often. These include using betting systems and limiting losses. It is also important to know your bankroll and to never chase your losses.

Before a hand of baccarat is dealt, participants must place their wagers. They can choose to bet on either the player’s hand, the banker’s hand, or a tie. The objective is to have a hand that totals closest to nine points. If both hands have a total of eight or nine, they are considered “naturals” and the winner is determined. Otherwise, further cards are drawn to decide the outcome of the hand.

A tie bet pays out if the dealer’s or the player’s hand wins, but not if the tie is a push (as it would be in the US). The banker’s and the player’s bets pay out at odds of 1:1 and 9:5, respectively. Score sheets are usually available at live baccarat tables to keep track of the score.