Baccarat is a table game that has one of the lowest house edges of any game. The rules are based purely on player chances, so the house edge is minimal. It does require some strategy and knowledge of the game mechanics, but even beginners can score fairly well. In fact, some casinos in Nevada even offer the game, which was developed in Macao, the precursor to baccarat. Tie bets are the best bet in baccaratThe tie bet is an excellent option if the Banker and the Player have the same scores. This bet pays 8 to 1 or 9 to 1 depending on the casino. However, you should remember that this bet offers a low probability of winning. The tie bet pays only fourteen units out of 100 wagers. Tie bets are not a good choice if you are a beginner to the game. Generally speaking, the banker bet will pay out better than the tie bet, as it carries a low house edge. Nevertheless, the tie bet should be considered only in exceptional cases. When it comes to betting, it is essential to know your odds. The house edge is 14.4% for a tie bet. However, the house edge is a low 1.06% for player bets and 1.36% for banker bets. Hence, it is advisable to play with free chips to gain a better understanding of betting strategy. Macao is the precursor to baccaratThe origin of Macao is unclear, but it is a popular casino game with similar rules to Baccarat. It is played with two decks of cards and players make bets based on the value of their cards. The banker and players may also agree on bet limits at the beginning of the game. In either case, the goal is to win the game by reaching nine points in as few rounds as possible. Baccarat's ancestry has its roots in China. It was first played in the 17th century in the Portuguese colony of Macau. The game was later influenced by the French game chemin de fer, which originated in the northeast and was brought to Macau in 1962 by STDM, a gambling firm owned by billionaire Stanley Ho. Baccarat is played very differently in Macau than in the genteel world, with Chinese players taking the game far more seriously. Casinos in Nevada offer baccaratCasinos in Nevada offer a wide variety of casino games, including baccarat. The game's popularity has grown dramatically over the past 20 years. It is now the top table game in Vegas, and has even surpassed blackjack. It accounts for 60 percent of table game revenue at the MGM Grand. It is especially popular this week with Asian tourists in town for the Chinese New Year. It is also a popular game for "whales," the biggest gamblers. Players can win tens of thousands of dollars per hand, or more, depending on the casino. Baccarat is one of the most popular games in Nevada casinos, and has been since 2009. Its popularity has increased significantly since 2009, and the games are often played by high rollers. However, baccarat is not offered in all casinos, with high-end play occurring at just six or seven properties.