Baccarat is a slow-moving game of pure chance that’s often portrayed in films as elegant and luxurious. It’s actually a simple guessing game, with players betting on which hand (Player or Banker) will win the most points out of nine. The game is also surprisingly fast and easy to learn, with no complicated strategy required.

Once players have placed their bets, the dealer will announce when it’s time to start dealing the cards. The dealer will pay out any winning bets, while collecting losing bets. Once all bets are paid out, a new round begins. As with other casino games, there are some rules that must be followed when placing bets on baccarat.

While many people associate baccarat with the high-roller rooms of casinos, it’s possible to play the game for low bet sizes at some online casinos. Some casinos offer baccarat with table minimums as low as $20 or $25. Others offer the game in their high-roller rooms with bets up to $10,000 or more.

Baccarat is a popular game that has become even more popular since Phil Ivey won $10 million playing the game. This success has led to the creation of side bets for baccarat and additional ways to play, including Mini Baccarat. These side bets can have large payouts, but they should be considered carefully for their house edge and odds of landing. Baccarat side bets may also have different payout rules depending on the game’s version.