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Play Real Money Baccarat in Canada

Last update
August 15th, 2024

Playing real money baccarat is very popular in Canada and is available in any of the 10 provinces. Baccarat can be played with 6 or 8 decks, with some exceptions. It’s a simple game based on the concept that you can bet on yourself, the banker, or a tie. In this review, you’ll learn more about real money baccarat and how it’s played.

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Table of content

How We Review Baccarat Real Money Casinos

We carefully checked the sites to find the ones that offer the most versatile, quality real money baccarat gameplay. Here is how we did it.

Security, Licensing and Safety of the Casino

Every casino that is fair and regulated must hold a proper license. Trusted websites are known to use SSL encryption and offer safe gameplay to their players. We make sure to find such sites.

Game Options: Variants of Online Baccarat Real Money Available

When you play online, you might want to check out different games or variants of your favourite baccarat. This is why, when we evaluate casinos, we check the range of games offered. For example, if you are interested in playing real money baccarat, we will tell you whether the casino offers quality versions such as Punto Blanco and Chemin de Fer.

Options for Payments and Payouts

Making your deposits and withdrawals should be simple, fast, and safe. We’ll check the casino’s options and let you know what you can use to bet there.

Bonuses to Use on Real Money Baccarat Online

Online casinos will shower you with all kinds of bonuses, but not all bonuses are realistic or good. This is why we check the terms and evaluate the promotions before we rank a casino.

Winning Tips for Playing Baccarat for Real Money

If you want to learn how to play Baccarat smarter and win more often, use these tips:

  • Don’t base your bets on the scoreboard. The game is not rigged in any way, so those scoreboards won’t really tell you the next outcome. Even if the recent results in the game were a tie or a player’s win, this doesn’t mean that the odds are in the favor of the banker now.
  • Bet on the banker. This option comes with the lowest house edge, so it gives you the most chances to win. The house edge of the banker bet is 0.18% better than betting on players.
  • Don’t bet on the tie too often. The tie bet has the highest house edge that often goes over 14$. It has big payouts but the odds are very bad. Don’t bet on it often.
  • Use your bankroll wisely. Make sure you know how much you can afford to lose before you sit on a baccarat table. Don’t step out of your budget.

Bets You Can Make on Baccarat Real Money

Let’s take a look at some common bets in this game

Type of bet Payout House Edge Outcome
Player 1/1 1.29% for single deck and 1.24% for 6-deck The player beats the banker
Banker 19/20 1.01 for single deck and 1.06% for 6-deck The banker beats the player
Tie 8/1 15.75% for single deck and 14.44% for 6-deck The player and the banker have the same total
Player pair/ Banker pair 1/1 11.25% The first 2 cards the player/banker gets are a pair
Perfect pair 25/1 17.07% The first two cards dealt to the banker or player are a pair of the same suit

Popular Variants of Baccarat Online Real Money

Let’s take a look at the most popular variants of the baccarat game.

Punto Banco

Punto Banco is the most popular variant in Canada and worldwide, with a low house edge of 1.06%. Punto is the player and banco is the banker, and you can bet on either side. For the player or banker, a third card can be drawn if the total of the first two is five or lower.

Mini Baccarat

Mini baccarat is very popular among casual bettors and those with lower budget. The stakes in this game are usually lower, and the online versions come with a smaller layout. The rules are the same as in Punto Banco. Depending on the version, the payout for a tie bet can vary between 9:1 and 8:1.

Chemin de Fer

Chemin de Fer is played with 8 to 12 participants, and the banker’s role changes between players in every round. The banker sets a bet amount and players can bet against it with a matching wager. This is a faster version, popular with more experienced players. It’s played with 6 decks of cards.

Popular Strategies to Use When You Play Baccarat Real Money

Even though you cannot change the outcome of games of luck, there are some popular strategies that players use today. Here are the top four and what they include.

The Martingale

In this betting system, when you lose a wager, you double the amount of the next wager.

Paroli

In Paroli, you double the size of your bet if you win and if you lose, you get your base wager back. After 3 consecutive winning wagers, you return to the base.

Parlay

In this system, you make a wager you set on plus the winning bet after you win. You don’t return to the original wager like in the Paroli strategy.

D’Alembert

In this system, you increase your wager by 1 unit whenever you lose a wager.

Types of Bonuses to Use on a Baccarat Game Online Real Money

When you gamble at casinos, you’ll come across many bonuses of different sorts. While some can be used on baccarat, bonuses like free spins can only be used on slots. Here are the types of bonuses you can claim in Canada and use on baccarat:

  • Match bonuses – usually given as welcome promotion, present a match on the deposit you make (by 50%, 100%, or even more);
  • No deposit bonus in the form of credits;
  • Reload bonuses – the casino reloads your account with a specific amount if you meet their bonus terms;
  • Cashback bonuses – a portion of your losses gets credited back into your account;
  • Other credit bonuses as part of the VIP program or special offers.

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FAQ

Is it legal to play at an online casino Canada real money baccarat?

Yes. Canada hasn’t made online gambling illegal, so you can go online, find a safe casino to play at, and gamble on a baccarat table legally.

What are the advantages of playing real money online baccarat?

Baccarat is an engaging game that is easy to master and widely available. There are also many variants of it today, which makes it perfect for players with different budgets, different gaming pace, etc. You can find it in many casinos, and even in a live dealer version. The house edge is quite low, too.

What’s the safest bet in online baccarat for real money?

The safest bet you can make in baccarat is to bet on the banker. This is not necessarily the best bet, but it has the lowest house edge and pays out 1:1 odds. The house edge is around 1.06%.

Are my winnings taxable when I play baccarat online for real money in Canada?

No. Canada doesn’t ask players to pay taxes on their winnings as long as they play recreationally. You’d have to pay taxes if you play professionally, though.

Can I play baccarat online real money from my phone or tablet?

Yes. This game is available on phones and tablets. Find a mobile-optimized casino and you can play it on your phone or desktop without losing access to its quality or features.

Can I count cards when I play online baccarat for real money?

Yes. If you are good at math, this can give you a small advantage. You should keep track of all 10-point value cards dealt from the shoe before the reshuffling happens, which can lower the house edge. However, keep in mind that this will be by a very small margin.

amy

Article by

Amy Witte
Amy is a dedicated online slots reviewer with a deep industry knowledge. She provides expert guidance to help players choose the right slots, ensuring an informed and enjoyable gaming experience.
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