It’s one of the more frequently overlooked card games. While there are more options available for blackjack and poker, online Bitcoin baccarat isn’t as well-known. It does, however, enjoy a loyal following among the BTC casino community and it’s worth taking a closer look at how it works.
This review will outline the key differences between regular and Bitcoin baccarat, while providing some essential tips and strategies. The aim is to help players make informed decisions when playing online baccarat with Bitcoin.
Baccarat is a historic card game, and one that transferred neatly to digital when the first online casinos appeared in the 1990s. The Bitcoin version of the game follows the same rules, so if you’ve played it elsewhere, you should have no issues with online crypto baccarat.
The key difference lies in the way that Bitcoin baccarat is funded. Where a casino accepts crypto, the customer adds funds to their account via Blockchain technology. This helps to boost security as there are certain levels of anonymity when making a deposit or requesting a withdrawal.
This is one of the reasons why Bitcoin baccarat casino games have become more popular in recent years. Another factor is the gameplay, which helps this to stand out from other card options. Baccarat has some unique mechanics, including its scoring system, and the range of bets that players can make.
Throughout this guide, we’ll give you all the information you need in order to gain more confidence, while making informed decisions during online crypto baccarat gameplay.
How to Get Started
There are some essential points to follow, but getting started with online crypto baccarat is very straightforward. Here are the recommended steps.
Choosing a Top Bitcoin Casino
The first step is to take time while choosing a Bitcoin casino. Many platforms accept cryptocurrency, and they have a range of card games, but that doesn’t necessarily mean they are good places to play.
The best online Bitcoin baccarat casino operators pay attention to key customer demands. Players want to see a good choice of games, and we’ll list some baccarat variants later on in this review. There should also be some good value through bonuses and promotions, and these should have fair terms attached.
Other key elements include the question of player safety. There are certain levels of security that come with Bitcoin play, and the nature of the Blockchain provides privacy and anonymity. Casino operators should offer more than basic level, and details of how they keep players safe will be shown on a separate page.
The platform should also be licensed and regulated by relevant authorities. Details of licensing arrangements will usually be shown at the bottom of the homepage, and these can be verified externally.
Crypto casino operators will need to complete the package with excellent customer service. We have made some key recommendations for anyone wanting to play Bitcoin baccarat, but you can also use these criteria to identify high quality casinos yourself. Look out too for user reviews and aim to use platforms where those reviews are mostly positive.
Depositing and Withdrawing Bitcoin
The means of adding funds and requesting withdrawals also work differently with Bitcoin. If you have played crypto casino games before, you should have no issues, but if you are new to the concept, you will need to start by setting up a crypto wallet.
There are many recommendations online, but two of the most popular wallet options are Coinbase and Exodus. Among the benefits of using these platforms are low charges, and the ability to carry out transactions using a mobile app. In general these are respected providers, and they also provide easy instructions in terms of buying Bitcoin.
Once you have funds in your wallet, you can make a transfer into your casino account. Head to the cashier where the details will be shown. Each casino will work a little differently, but the instructions on transferring Bitcoin from your crypto wallet to your customer account will be clearly laid out.
Now that you have some funds in your casino account, it’s time to play Bitcoin baccarat.
Benefits and Drawbacks of Playing Bitcoin Baccarat
There are some clear benefits to playing online crypto baccarat, but there are some potential downsides too. In order to establish whether this style of game is for you, it’s important to look at all the potential pros and cons.
From the start of this review of Bitcoin baccarat, we’ve mentioned the extra privacy and security that naturally come with crypto gaming. There are degrees of anonymity when making deposits and withdrawals, and none of your financial information is ever shared with the merchant.
That’s a huge benefit and one that’s worth restating throughout this round up.
Another advantage is the fact that all transactions are virtually instant. To be fair, most traditional casinos offer instant deposits, but few can do this with withdrawals. When it comes to playing online baccarat with Bitcoin, the nature of Blockchain technology means that all transactions should arrive in just a few minutes.
While there may be charges attached to those transactions, they can be lower than those of traditional casinos. The question of fees is a factor that can either be a positive or negative, depending on which casino you play at. The best online Bitcoin baccarat platforms make minimal charges, while others request fees that are higher than those of traditional operators.
The downsides, by comparison, are minimal, but it’s important to understand them. The key issue for many Bitcoin baccarat players is the volatile nature of cryptocurrency. While there are ongoing attempts to stabilize the markets, the value can still fluctuate dramatically. You may have a win at the card tables, and if you leave it in your account for a few days, it could be worth more, or its value could be significantly less.
It’s also worth noting that Bitcoin and other transactions are irreversible, so you must ensure you are happy before adding and withdrawing funds.
Overall, playing online Bitcoin baccarat and other games isn’t a great option for the inexperienced player. It’s something of a learning curve, but if you use free play or small stakes, it is possible for beginners to pick up gameplay very quickly.
Advantages
Tighter levels of security
Near-Instant transactions
Lower fees in many cases
Disadvantages
High volatility of Bitcoin value
Irreversible transactions
Not ideal for inexperienced players
Game Types
Most card games have different versions in place, and Bitcoin baccarat is no exception. The most popular of these, and the one that you will most likely see at a crypto casino is Punto Banco. Once you’ve understood how this variant works, you should easily be able to cover all other options.
Punto Banco Baccarat
If you are just starting out with Bitcoin baccarat play, Punto Banco is the best place to start. This is the original version as far as most players are concerned, and it’s the one most commonly found at online crypto casinos.
There is a dealer assigned along with the player, and at the start of the game, each receives two cards. The objective is to score nine, or get as close to that number as possible. The player with the best score wins the hand.
Those totals are achieved using baccarat’s unique scoring system. The two through to the ten are worth face value. The picture cards are also worth ten, while the ace is worth one. If a combined total goes beyond nine, then the first digit is discarded. For example, if a player has a 10 and a 3, the total is 3, and not 13.
The dealer and player pick up their two cards. If the dealer or player’s score is exactly 8 or 9, they automatically win the game. If not, an extra card can be dealt and the scores are then calculated. The closest to 9 will win the game, and if the scores are equal, the round is declared a tie.
An unusual point regarding baccarat is that the player can bet on themselves. Alternatively, they can bet on the dealer or the tie.
Chemin de Fer
Chemin de Fer is a version of baccarat where players take it in turns to be the dealer. The game rotates around the table, and each individual can bet on each other.
Because of the nature of this variant, it’s less likely to find Chemin de fer among the online crypto baccarat tables. When playing with an online casino, the automated software used puts the player up against a single dealer, so there is no real scope for additional players. There may, however, be exceptions in the live casino rooms.
Live Baccarat
Live Bitcoin baccarat can be found at most casinos where there are live rooms in place. The selection may be smaller when compared to other card games, but there should be some options.
It’s most likely that Punto Banco will be the common form of online baccarat with Bitcoin providers. There may, however, be some Chemin de Fer tables, if there is enough interest for more players to get involved.
Speed Baccarat
The clue is in the name here, with speed baccarat offering a faster-paced version of the game. Hands will typically be played out in 30 seconds or less before the game restarts.
Speed baccarat could be found in the live rooms and it may work as an automated RNG game. It will more likely follow the rules of Punto Banco where it’s a straight battle between player and dealer. Because of the pace of the game, this version of online Bitcoin baccarat is a better option for experienced players. Anyone new to the game will likely need more time to think than speed baccarat typically allows.
No Commission Baccarat
This is a version of the game where the house edge is altered. In other versions of Bitcoin baccarat, player bets pay 1/1 whereas banker bets pay 0.95/1. The 5% commission on those banker bets represents the house edge.
In No Commission Baccarat, both player and banker bets pay 1/1. This is an obvious incentive, but the casino will make up their house edge in another way. In this version of Bitcoin baccarat casino operators use another twist to the rules. If the banker wins with a score of six, the payout reduces to half of the original bet.
No Commission Baccarat has that advantage on regular banker stakes, but that extra rule is there for balance.
Mini Baccarat
There are clear similarities between Mini Baccarat and Speed Baccarat. Both increase the pace of the game, and are more suited to experienced players. Mini baccarat is more widely seen in offline casinos where the tables are smaller.
Stakes are also reduced to fit in with the ‘mini’ theme of the game. It’s not the most common form of online crypto baccarat, but there should be some options for the mini version.
Whichever Bitcoin baccarat version you play, all should be provably fair. Licensed and regulated casinos should all be tested to ensure that results are random and cannot be predetermined.
Winning Strategies
Do:
Follow responsible gambling practices
Manage your bankroll effectively
Play free demo games before you stake with real money
Don’t:
Don’t chase losses
Don’t Go over your deposit and wagering limits
Don’t play Bitcoin baccarat for real money until you fully understand the rules
Best Practices for Maximizing Your Odds
There are many tips and strategies for playing online Bitcoin baccarat with Bitcoin, but do they really work? The truth is that there are no guarantees. No single system can produce a win every time, but there are methods that can help players to maximize their odds.
There is, as the first example, the theory that the banker bet is the better of the three options. While it traditionally pays less at 0.95/1, it should statistically come in more often. This is because the banker has the option to react to the player’s third card.
Over time, this could work, but a run of player wins is always possible. Therefore, proves the theory that there are no guarantees, but the banker bet can carry better odds.
Some players also like to focus on the tie bet in online Bitcoin baccarat. This pays at odds of 9/1 which would give you an excellent return, but those odds accurately reflect the likelihood of the tie dropping in. This is a rare result, and you should keep this in mind, if you have any intention of staking on a tie.
Whatever approach you take, you should always look to employ effective bankroll management. Your bankroll is your account balance, and it’s the maximum amount of money you have to wager when you step up to the online Bitcoin baccarat tables. We don’t however, want to use all of that balance, and we don’t want to have to make another deposit.
Always aim to play with a maximum of 10% of your bankroll in any single session. If you enjoy some wins, set a time limit on your play. If you aren’t having any luck and you stake through that 10%, walk away and come back another time.
Popular Betting Systems
Like certain other casino games, there are some popular strategies used by online crypto baccarat players. They usually focus on the subject of mathematical probability and they include the following:
Martingale: The Martingale system is the easiest to understand. It involves staking on either the player or the banker and it shouldn’t be applied to the tie bet. It requires a small initial stake, and for the sake of this example, we’re going to bet on the player. If the bet wins, you play again, but if it loses, you double your stake and bet on the player once again. Continue the sequence, if necessary, until a winning bet lands. The theory is that the martingale will eventually secure a winning bet that delivers an overall profit.
Paroli: The Paroli system also works on probability, but there are differences between this and the Martingale option. To begin with, place a bet on the player, and if it wins you double your bet this time. This is the key difference with the Paroli system. With this strategy, the player doubles three consecutive winning bets, and once again, the aim is to make an overall profit.
Fibonacci: The Fibonacci sequence is an equation that has been used in a number of areas of mathematics. In an online Bitcoin baccarat scenario, It’s another case of using probability with the aim of delivering an overall profit. Like the Martingale, you use the system for losing bets until you land a win. The sequence is the sum of two numbers. So start by betting one unit, follow that up with one unit, before the third bet which is 1+1 = 2. The sequence continues as 3, 5, 8 and 13.
All of these strategies could work, but none are foolproof. One of the issues is that the player bet isn’t 50/50, and the presence of a tie affects the mathematics. It may also be the case that doubling bets will eventually mean that you exceed your bankroll, or the maximum bet limit. Always approach any strategy with extreme caution.
Responsible Gambling with Bitcoin
When you play any online casino game, you should follow all of the guidelines around responsible gambling. These include bankroll management and not engaging in bad practices such as chasing your losses.
The best Bitcoin baccarat casino operators will also have responsible gambling tools in place. These include limits on deposits and wagering, and you can also place a limit on the amount of time you spend online. Look to use these and set the limits when you complete the registration process.
There will also be self-exclusion tools for those who need more help.
Security and Licensing
Choosing a casino for your Bitcoin baccarat play means considering many key points. One of the most important is to ensure that your operator provides a safe place to play, and that they will be quick to respond and address any issues should anything go wrong.
This all starts with licensing and regulation. In order to provide legal gambling services in your US state of origin, the casino must obtain a license from the regulatory body in question. This marks them out as a verified and legitimate operator. Details of the license will usually be shown at the bottom of the homepage, and this can be double checked with the regulator.
From adequate licensing, the casino should then go on to ensure customer security. There is a certain level of security offered by the Blockchain and the way in which the technology works. Players can enjoy some anonymity and none of their financial details are shared with the platform.
This is a good starting point, but each casino also has a responsibility to make sure its platforms are secure. High levels of encryption technology should be in place to protect any information. Follow our recommended BTC casinos, or check out an operator’s About Us page for security details.
Conclusion
It’s clear from this roundup that there are many different aspects to playing online baccarat with Bitcoin casinos. While more operators are starting to list this game on their schedules, the best Bitcoin baccarat casino platforms take this game very seriously.
To recap, for those starting out with this classic card game, the first option is to find a casino that lists a choice of Bitcoin baccarat versions. Those who like playing live card games may also want to check that baccarat is included in the live rooms too.
We’ve included a list of all the main baccarat variants, while adding our verdict on the tips and strategies suggested by other players. If you’ve made it this far, you should now have all the information you need to play Bitcoin baccarat casino games with greater confidence.
FAQ
Online gambling is legal in a few US states, although many still outlaw the practice. Anyone who is unsure should check to see if laws have been passed to legalize gambling in their region. If a customer is of legal gambling age, and online real money casino play has been legalized in their state, they can access Bitcoin baccarat games.
Bitcoin casinos offer a choice of cryptocurrency funding options and these operate using the Blockchain technology. Players will need to acquire a Bitcoin wallet, and then make deposits to cover their gameplay. Once they have a positive account balance in place, customers will then have a choice of games. Bitcoin baccarat is just one of the many games currently on the list.
Yes, there are versions of live baccarat that are run by human dealers in real time. Most BTC casinos have live rooms in place and these will feature a choice of table and card games. Check with the provider to make sure that live baccarat is included on that list.
Yes, it is possible to win real money when playing Bitcoin baccarat casino games. Each version of baccarat has its own rules, and these will be clearly listed by the operator before you start to play. When you are playing with real stakes, you can win a cash prize, as long as you win under the rules of the specific game.
Individual players will have their own preferences when it comes to playing Bitcoin baccarat. The most common version is Punto Banco, which operates to the classic rules. Besides this option, many crypto casinos will list other versions, including Chemin de Fer, Mini Baccarat, Speed Baccarat, and Live Baccarat.
