Baccarat is the game of choice for many high rollers for several reasons. First and foremost is the fact that the house edge is very small. Once a shoe is shuffled, the house cannot change the run of cards, as the cards will be dealt to the end of the shoe. Casinos that go after the "whales", as high rollers are referred to are also in a very dangerous area as one of these players can lose or win several million dollars in one trip to the casino. Joss or luck is the one factor that the casino has no control over after the shoe is shuffled. Baccarat online is gaining some of the same type of players, with similar results to the online casino. At the present time, the online casinos are limiting the high end of the betting limits to try to protect themselves from a huge loss. So far there are not online casinos taking bets of $100,000 per hand. These size wagers are seen with regularity in Las Vegas and Atlantic City.
My personal experience playing at a table with a high roller is interesting for the dynamics involved. I took an empty seat in the Baccarat room, which had a minimum bet of $20 per hand. After a few hands, I overheard the pit boss tell his relief that the group of Chinese players at the table were family and they were allowing them as a group to bet a total of $50,000 per hand. When the shoe was passed to me, I had a strong feeling that I would have a run on the Bank side of the shoe. I whispered to the head of the family to get on me as I was going to hold on to the shoe for a few hands. He promptly played the Player side and his family of betters all followed suit. His betting group lost $50,000, as my Bank hand was a natural nine. His next bet was on the Bank and remained there for the nest 13 hands. The Bank won the next 12 hands and the losing last one was a natural eight losing to a natural nine. His group had made over $400,000. When the shoe passed to him, he thanked me in perfect English and smiled. I replied, you are welcome and asked the dealer to cash me out. I had made a sizeable score for myself and I was ready to go eat. The Pit Boss comped my dinner and I finished the evening at the poker table. I often wondered if the family group kept their winnings or gave them back. All I know is my feeling had made me a very decent score of several thousand dollars; the family group several hundred thousand. My run of 13 winning hands is and was one of the best runs at Baccarat that I have ever had. This story illustrates why casinos are playing with fire when they offer high limit Baccarat. If you can stand the risk, this is the game for any high roller.