Chemin De Fer: The Common Baccarat From FranceChemin De Fer is the version of Baccarat preferred in Europe and as such it is right called upon as the European Baccarat as well. Although this game has the same scoring as the American Baccarat for determining hand values and the same goal which is to score as close to 9 as possible, there is a difference between the role of the banker in the American and the European Baccarat. In the European Baccarat, the banker as opposed to the American Baccarat is a player instead of the house or the casino, and the players bet against each other rather than the casino. In the American Baccarat, the banker is the fixed person who is an employee of the casino and the players play against the banker to win money from the casino. In Chemin de Fer Baccarat, the banker is one of the players and the role of the banker is rotated every round.
In European Baccarat, the casinos only provide a place for the players to play the game and take a 5% cut on the winning bets´ profits. This is how the casinos make money out of European Baccarat. In more ways than one is the Chemin de Fer helpful to the Casino, it is always a win scenario for the casino when it comes to this type of Baccarat as the casino does not have to pay the players, but still gets to take 5% profit from the players.
There are online variations of the Chemin de Fer Baccarat available in many online casinos as well. This will allow many European Baccarat players to play amongst each other online and make the payment through the casino which then keeps 5% of the winnings as its share. In fact, this amount is less than 5% online due to the competitive market and as such, it is better to play Chemin de Fer Baccarat online than on land.
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