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Baccarat Odds for 1 to 12 Decks

Introduction

Many people have been inquiring about baccarat odds when using various numbers of decks. To address this, this resource will illustrate the combinations, win probabilities, and expected returns for all deck quantities ranging from 1 to 12.

Combinations

The following chart displays the combinations for each of the three outcomes depending on the number of decks used. The figures involved can become quite large, and it's important to note that Excel only recognizes up to 15 significant digits, so please refrain from questioning the accuracy of more than that; you may direct your concerns to Microsoft instead.

Combinations

Decks Player Banker Tie Total
1 6,548,674,432 6,737,232,640 1,372,227,328 14,658,134,400
2 487,816,735,232 501,543,728,128 103,154,274,240 1,092,514,737,600
3 5,837,305,562,496 6,000,349,195,008 1,238,768,922,816 13,076,423,680,320
4 33,608,344,225,792 34,543,624,867,840 7,145,601,996,928 75,297,571,090,560
5 130,087,780,016,000 133,700,037,548,800 27,690,387,926,400 291,478,205,491,200
6 392,220,492,728,832 403,095,751,234,560 83,552,962,932,288 878,869,206,895,680
7 995,884,732,700,032 1,023,469,376,328,440 212,268,385,833,280 2,231,622,494,861,750
8 2,230,518,282,592,250 2,292,252,566,437,880 475,627,426,473,216 4,998,398,275,503,350
9 4,540,095,442,933,630 4,665,676,262,757,120 968,435,421,769,728 10,174,207,127,460,500
10 8,570,454,841,408,000 8,807,402,586,035,200 1,828,629,499,384,000 19,206,486,926,827,200
11 15,222,978,065,896,800 15,643,682,376,129,200 3,248,754,169,011,640 34,115,414,611,037,600
12 25,714,619,121,272,800 26,425,038,379,143,100 5,488,795,281,294,720 57,628,452,781,710,600

The upcoming chart outlines the likelihood of each potential outcome based on the number of decks in use.

Probabilities

Decks Player Banker Tie
1 0.446760430304146 0.459624155172162 0.093615414523693
2 0.446508150822404 0.459072734551641 0.094419114625955
3 0.446399237681564 0.458867756329930 0.094733005988506
4 0.446340349881558 0.458761476200800 0.094898173917642
5 0.446303626018198 0.458696516686345 0.094999857295457
6 0.446278569838877 0.458652718825324 0.095068711335799
7 0.446260393499810 0.458621195423935 0.095118411076256
8 0.446246609343597 0.458597422632763 0.095155968023641
9 0.446235798628453 0.458578855758138 0.095185345613408
10 0.446227093692859 0.458563953917737 0.095208952389404
11 0.446219934286584 0.458551729606354 0.095228336107061
12 0.446213942593194 0.458541520787272 0.095244536619534

Next, you will find a table that reveals the expected returns tied to each outcome categorized by the number of decks. It's interesting to observe that as the quantity of decks increases, the expected value of Player and Tie bets rises, meanwhile the Banker bet's expected value declines.

Expected Returns

Decks Player Banker Tie
1 -0.012863724868016 -0.010117482890592 -0.157461269286765
2 -0.012564583729237 -0.010389052998346 -0.150227968366401
3 -0.012468518648366 -0.010474869168131 -0.147402946103443
4 -0.012421126319243 -0.010516947490797 -0.145916434741219
5 -0.012392890668147 -0.010541935166171 -0.145001284340884
6 -0.012374148986447 -0.010558486954819 -0.144381597977809
7 -0.012360801924125 -0.010570257847072 -0.143934300313697
8 -0.012350813289166 -0.010579057842472 -0.143596287787236
9 -0.012343057129685 -0.010585885658222 -0.143331889479325
10 -0.012336860224877 -0.010591337471010 -0.143013098904829
11 -0.012331501345225 -0.010602294856084 -0.142538755895479
12 -0.012319113086771 -0.010614476760112 -0.142116084084906

-0.012306724550759

The tables that follow will focus on the Player Pair and Banker Pair wagers. The expected value depicted here is typically derived from the common payout of 11 to 1. The next table illustrates the combinations of winning and losing outcomes according to the number of decks.

-0.010624567274299

-0.141863671273765 -0.012296893580451 -0.010630463171362 -0.141736172685103
1 78 1,248 1,326
2 364 4,992 5,356
3 858 11,232 12,090
4 1,560 19,968 21,528
5 2,470 31,200 33,670
6 3,588 44,928 48,516
7 4,914 61,152 66,066
8 6,448 79,872 86,320
9 8,190 101,088 109,278
10 10,140 124,800 134,940
11 12,298 151,008 163,306
12 14,664 179,712 194,376

The subsequent table presents the probabilities of winning versus losing, segmented by the number of decks in play.

-0.012291670259045

-0.010634687036923 -0.141555776382918 Last updated: Oct 16, 2023
1 0.058823529411765 0.941176470588235
2 0.067961165048544 0.932038834951456
3 0.070967741935484 0.929032258064516
4 0.072463768115942 0.927536231884058
5 0.073359073359073 0.926640926640927
6 0.073954983922830 0.926045016077170
7 0.074380165289256 0.925619834710744
8 0.074698795180723 0.925301204819277
9 0.074946466809422 0.925053533190578
10 0.075144508670520 0.924855491329480
11 0.075306479859895 0.924693520140105
12 0.075441412520064 0.924558587479936

The next table summarizes the expected return based on the number of decks used. As seen, with an increase in deck count, the expected value also rises. This is logical, as a greater number of decks generally diminishes the impact of card removal.

On this page

Baccarat Odds for 1 to 12 Decks Introduction
1 Combinations
2 Combinations
3 Decks
4 Player
5 Banker
6 Tie
7 Total
8 Probabilities
9 Decks
10 Player
11 Banker
12 Tie