Glossary

Casino and poker terms, without circular definitions.

A compact reference for the language used across Baccaret.

Banker

One of the two hands in baccarat; under common rules it wins slightly more often than Player and commonly pays less than even money after commission.

House edge

The expected casino advantage expressed relative to a defined wager measure.

Expected value (EV)

The probability-weighted average result of all modeled outcomes.

Natural

In baccarat, an initial two-card total of 8 or 9.

Position

Where a poker player acts relative to the dealer button and other players.

Rake

A fee taken by a poker room from eligible pots or through an equivalent time/entry fee structure.

Tie

In baccarat, an outcome where Player and Banker finish with equal totals. Player/Banker main wagers typically push.

Variance

The spread of possible results around an average expectation.