Let’s Talk Baccarat

Baccarat isn’t a game you often hear much about, yet it’s one with one of the smallest house edges.  Baccarat is also known as Punto Banco.

In a standard baccarat game

  • If you bet the banker, the house edge is 1.06%
  • If you bet the player, the house edge is 1.24%
  • IF you bet the tie, the house edge is 14.36%

It’s a simple game to play and learn, often played for extremely high stakes and often by Asian gamblers.  For more information on baccarat, including live videos and a blog, head over to Bacarrat 411.

More on Binary Options Legality

More and more often I’m asked what the legal situation is surrounding binary options.  Binary options brokers these days can be licensed specifically in Cyprus but also financial services licenses in UK, Belize & BVI are often used in order to comply.

If they’re not regulated, why invest with them?  Why?  Because they’re still potentially highly profitable.  These days binary options broker reviews can tell you which brokers to trade with and which ones are disreputable.  The world of forex companies did not grow from a government creating the industry, it was made from companies who stepped out before regulations existed.

Binary options trading legality on specific countries can be discussed at the website Binary Options Legal which covers most of the things you need to know before investing at a brokerage.

Also, my fellow Canadians might want to check out the details on brokers at Binary Options Canada.  They cover the investments from a distinctly Canadian perspective.