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Odds on TV competitions can vary greatly, with competitions with strong contenders having low odds on potential winners. Payouts can range from 2:1 to 8:1.

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Baccarat has three main betting options: Player, Banker, and Tie. Players place their bets on one of these three options and then wait for the outcome. The Player and Banker options have fairly similar odds of winning, but the Banker option usually has a slightly higher odds of winning. However, if you win on the Banker option, you will have to pay a commission (usually 5%).

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Bet on Player: This is the simplest and most common option. You bet that the Player’s hand will have a higher total than the Banker’s hand. The house edge on this bet is quite low, around 1.24%, and the payout is usually 1:1.