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Online Gambling – The Business of Baccarat

By Samantha Williams

Online gambling has done a great deal for getting games out to players that they may never dreamed of being able to play before. Baccarat is one of these games – thought to be only for high rolling players, now everyone can play and know what it feels like to be Agent 007 – Bond, James Bond; playing his casino game of choice. Another great lover of baccarat is Hustler magazines’ famous Larry Flynt.

We are not sure if Mr. Flynt partakes of online gambling, but what we do know is he places $45 000 bets on baccarat and blackjack when he plays at Las Vegas Casinos. These casinos understandably covet his business and because of that he receives rebates on losses; just as you might when you play specific online gambling games and they have a rebate or “cash back on losses” as they call them; as promotions in online gambling. The Mr. Flynt’s are few and far between and high rollers like this only make up 20% of a casinos business, but you get these players in online gambling just as you do offline.

In the business of baccarat there is a very fine line on house edge and as casinos invite high rollers and normal players to take advantage of rebates on losses, they also risk giving away the house. You don’t have to be a Larry Flynt to receive incentives like 20%, check out all the online gambling hot spots; they offer these rebates to players such as you and I. If Flynt recons he can get a deal anywhere in Las Vegas, we recon you can get a deal, anywhere on the internet.

Baccarat is an exceptionally simple game, there are only three bets. It was favoured in French courts after being invented in the 15th Century. This is more than likely why it has the haughtier-type of appeal, but if you knew how simple it was to play you might just give it a try. Baccarat bets are routinely, some of the biggest bets in the house, and this is what keeps the plebs away, they may be embarrassed to be seen placing their dollar on a game.

This is just not the case with online gambling and as your identity is completely protected, if the casino offers a 50c Baccarat bet and you want to learn to play then go for it, place your bet! Just because Kerry Packer lost $20 000 million at the Bellagio in one single visit, playing baccarat, doesn’t mean to say you have to lose your shirt too. Of course this amount of money did not represent Kerry Packers’ shirt, he had a fortune when he died which represented between AU$ 4.2 and 4.5 billion. He also offered to offload a Texas Oilman of his fortune, when caught bragging about it, Packer said “really, you are worth $100 million?” pretending to be suitably impressed, and then said “I’ll toss you for it!”