Baccarat (, ) is a card game, played at casinos and by recreational gamblers. It is believed to have been introduced into France from Italy during the reign of King Charles VIII (ruled 1483–1498), and it is similar to Faro and Basset. There are three popular variants of the game: ''punto banco'' (or "North American baccarat"), ''baccarat chemin de fer'', and ''baccarat banque'' (or "''à deux tableaux''"). ''Punto banco'' is strictly a game of chance, with no skill or strategy involved; each player's moves are forced by the cards the player is dealt. In ''baccarat chemin de fer'' and ''baccarat banque'', by contrast, both players can make choices, which allows skill to play a part.
Baccarat is a comparing card game played between two hands, the "player" and the "banker". Each baccarat coup has three possible outcomes: "player" (player has the higher score), "banker", and "tie".
In punto banco, the "player" hand is not associated with the customer, nor the "banker" with the house; "player" and "banker" are simply two competing hands which the bettor can back.
Punto banco is dealt from a shoe containing 4, 6 or 8 decks of cards shuffled together. A cut-card is placed in front of the seventh-last card, and the drawing of the cut-card indicates the last coup of the shoe. For each coup, two cards are dealt face up to each hand, starting from "player" and alternating between the hands. The croupier may call the initial total (''e.g.'' "five to the player, three to the banker"). At this point the drawing rules are used to determine firstly whether the player should receive a third card, and then, based on the value of any card drawn to the player, whether the banker should receive a third card. The outcome is then determined by comparing the totals.
The croupier will deal the cards according to the tableau and the croupier will announce the winning hand—either 'player' or 'banker'. Losing bets will be collected and the winning bets will be paid according to the rules of the house. Usually, even money or 1–1 will be paid to the player and 95% to the 'Banker', 5% commission to the house (Commission Baccarat).
Should both the "Banker" hand and the "Player" hand have the same value at the end of the deal the croupier shall announce "Egalité—tie bets win." All tie bets will be paid at 8 to 1 odds and all bets on "Player" or "Banker" remain in place and active for the next game (the customer may or may not be able to retract these bets depending on casino rules).
Because Baccarat attracts wealthy players, a casino may win or lose millions of dollars a night on the game, and the house's fortunes may significantly affect the owning corporation's quarterly profit and loss statement. Notations of the effects of major baccarat wins and losses are frequently found in the quarterly reports of publicly traded gaming companies.
The full-scale version of punto banco baccarat is played at a large rounded table, similar to ''chemin de fer''. The table is staffed by a croupier, who directs the play of the game, and two dealers who calculate tax and collect and pay bets. Six or eight decks of cards are used, normally shuffled only by the croupier and dealers. The shoe is held by one of the players, who deals the cards on the instructions of the croupier according to the tableau. When the "player" hand wins, the shoe moves either to the highest bettor on the "player" hand, or to the next player clockwise around the table, depending on the casino's conventions.
There is no way for a player to improve his or her odds at punto banco other than avoiding the tie bet. Punto banco has both some of the lowest house edges available in casino table games, and some of the highest. The punto bet has an attractively low house edge of 1.24%, and the banker bet (despite the 5% commission) is even lower, at 1.06%. Both are just slightly better for the player than chances at single-zero roulette, and comparable to playing blackjack by intuition rather than correct strategy.
In contrast, the tie bet has a punishingly high house edge of 14.4%. Most casinos in the United Kingdom pay the tie at 9-1, resulting in a more lenient house edge of around 4% for the tie bet.
Many punto banco players record the coup results as the shoe progresses, laying them out using pen and paper according to traditional patterns such as "big road", "bead road", "big eye road", "small road" and "cockroach road", and making inferences about the result of the next coup by examining the layout. Recently casinos (particularly online casinos) have begun to display the coup results in the current shoe using audiovisual equipment. It is statistically impossible to alter winning chances by examining the result history of the shoe. Nonetheless the use of record cards in Punto Banco is pervasive in casinos across the world.
Six decks of cards are used, shuffled together. Players are seated in random order, typically around an oval table; discarded cards go to the center. Play begins to the right of the croupier and continues counterclockwise. At the start of the game, the croupier and then all players shuffle the cards in play order. The croupier shuffles a final time and the player to his left cuts the deck.
Once play begins, one player is designated as the "banker". This player also deals. The other players are "punters". The position of banker passes counterclockwise in the course of the game. In each round, the banker wagers the amount he wants to risk. The other players, in order, then declare whether they will "go bank", playing against the entire current bank with a matching wager. Only one player may "go bank". If no one "goes bank", players make their wagers in order. If the total wagers from the players are less than the bank, observing bystanders may also wager up to the amount of the bank. If the total wagers from the players are greater than the bank, the banker may choose to increase the bank to match; if he does not, the excess wagers are removed in reverse play order.
The banker deals four cards face down: two to himself and two held in common by the remaining players. The player with the highest individual wager (or first in play order if tied for highest wager) is selected to represent the group of non-banker players. The banker and player both look at their cards; if either has an eight or a nine, this is immediately announced and the hands are turned face-up and compared. If neither hand is an eight or nine, the player has a choice to accept or refuse a third card; if accepted, it is dealt face-up. Traditional practice (grounded in mathematics, similarly to basic strategy in blackjack, but further enforced via social sanctions by the other individuals whose money is at stake) dictates that one always accept a card if one's hand totals between 0 and 4 (inclusive) and always refuse a card if one's hand totals 6 or 7. After the player makes his decision, the banker in turn decides either to accept or to refuse another card. Once both the banker and the representative player have made their decision, the hands are turned face-up and compared.
If the player's hand exceeds the banker's hand when they are compared, each wagering player receives back their wager and a matching amount from the bank, and the position of banker passes to the next player in order. If the banker's hand exceeds the player's hand, all wagers are forfeit and placed into the bank, and the banker position does not change. If there is a tie, wagers remain as they are for the next hand.
If the banker wishes to withdraw, the new banker is first player in order willing to stake an amount equal to the current bank total. If no one is willing to stake this amount, the new banker is instead the next player in order, and the bank resets to whatever that player wishes to stake. Many games have a set minimum bank or wager amount.
The bank is at the outset put up to auction, i.e. belongs to the player who will undertake to risk the largest amount. In some circles, the person who has first set down his name on the list of players has the right to hold the first bank, risking such amount as he may think proper.
The right to begin having been ascertained, the banker takes his place midway down one of the sides of an oval table, the croupier facing him, with the waste-basket between. On either side of the banker are the punters (ten such constituting a full table). Any other persons desiring to take part remain standing, and can only play in the event of the amount in the bank for the time being not being covered by the seated players.
The croupier, having shuffled the cards, hands them for the same purpose to the players to the right and left of him, the banker being entitled to shuffle them last, and to select the person by whom they shall be cut. Each punter having made his stake, the banker deals three cards, the first to the player on his right, the second to the player on his left, and the third to himself; then three more in like manner. The five punters on the right (and any bystanders staking with them) win or lose by the cards dealt to that side; the five others by the cards dealt to the left side. The rules as to turning up with eight or nine, offering and accepting cards, and so on, are the same as at Baccarat Chemin de Fer.
Each punter continues to hold the cards for his side so long as he wins. If he loses, the next hand is dealt to the player next following him in rotation.
Any player may "go bank," the first claim to do so belonging to the punter immediately on the right of the banker; the next to the player on his left, and so on alternatively in regular order. If two players on opposite sides desire to "go bank," they go half shares.
A player going bank may either do so on a single hand, in the ordinary course, or a cheval, i.e. on two hands separately, one-half of the stake being played upon each hand. A player going bank and losing may, again go bank, and if he again loses, may go bank a third time, but not further.
A player undertaking to hold the bank must play out one hand, but may retire at anytime afterwards. On retiring, he is bound to state the amount with which he retires. It is then open to any other player (in order of rotation) to continue the bank, starting with the same amount, and dealing from the remainder of the pack, used by his predecessor. The outgoing banker takes the place previously occupied by his successor.
The breaking of the bank does not deprive the banker of the right to continue, provided that he has funds with which to replenish it, up to the agreed minimum.
Should the stakes of the punters exceed the amount for, the time being in the bank, the banker is not responsible for the amount of such excess. In the event of his losing, the croupier pays the punters in order of rotation, so far as the funds in the bank will extend; beyond this, they have no claim. The banker, may, however, in such a case, instead of resting on his right, declare the stakes accepted, forthwith putting up the needful funds to meet them. In such event the bank thenceforth becomes unlimited, and the banker must hold all stakes (to whatever amount) offered on any subsequent hand, or give up the bank.
The laws of baccarat are complicated and no one code is accepted as authoritative, the different clubs making their own rules.
==Popular culture==
In the 2006 movie adaptation of ''Casino Royale'', however, Baccarat is replaced by Texas hold 'em poker largely due to its great popularity at the time of filming.
The game is also featured in the 1966 episode, "Interlude in Venice." Along with Roger Moore, the episode also stars James Bond alums Lois Maxwell and Paul Stassino.
Category:Comparing card games Category:Gambling games
ca:Bacarà da:Baccarat (kortspil) de:Baccara (Glücksspiel) et:Baccarat es:Bacarrá eo:Bakarato fr:Baccara (jeu) ko:바카라 hr:Baccarat it:Baccarà nl:Baccarat (kaartspel) ja:バカラ (トランプ) pl:Bakarat pt:Bacará ro:Joc de baccarat ru:Баккара fi:Baccarat sv:Punto banco uk:Бакара (гра) zh-yue:百家樂 zh:百家樂This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
In 2009, Ivey won his 6th bracelet in the $2,500 No-Limit 2-7 Draw Lowball Event of the 2009 WSOP. He defeated a field of 147 players to catch his bracelet. He won a very long heads-up battle against John Monette. He then proceeded to win another bracelet in the $2,500 1/2 Seven Card Stud Hi/Lo 1/2 Omaha Hi/Lo event besting a field of 376 people. He defeated Ming Lee heads-up. While winning the $2,500 1/2 Seven Card Stud Hi/Lo - 1/2 Omaha Hi/Lo event he also managed to place 22nd in the $5000 Pot-Limit Omaha Eight-or-better despite only playing during the breaks in the Stud/Omaha event.
In the 2010 World Series of Poker, Ivey received the most votes for the Tournament of Champions.
At the 2010 WSOP Ivey won his eighth bracelet in the $3,000 H.O.R.S.E. event in a final table made up of other notable players, which included Bill Chen (2nd), John Juanda (3rd), Jeff Lisandro (5th) and Chad Brown (8th).
Between 2002 and 2009, Ivey finished among the top 25 players in the Main Event four times, in fields ranging in size from 600 entrants to just under 7000. Ivey finished 10th in the 2003 WSOP Main Event (one place short of the final table), and 7th in 2009. In 2009 his lost to Darvin Moon's when a queen paired Moon on the flop; he ended with winnings of $1,404,002.
With eight World Series of Poker bracelets, Ivey is currently tied with Erik Seidel for the fifth most of all-time. Also, at age 33, he was the youngest player to ever win eight (Phil Hellmuth was 39). In addition, no other player has accumulated eight bracelets more quickly; it took Ivey only ten years from the time of his first bracelet to his eighth (Johnny Moss took 11 years). He is also the all-time record holder for most bracelets won in non-Holdem events, with all 8 of his victories coming in non-Holdem events.
On May 31, 2011, Ivey announced he will not be playing in the 2011 WSOP: "I do not believe it is fair that I compete when others cannot... until a solution is reached that cements the security of all players, both US and International, I will, as I have for the last six weeks, dedicate the entirety of my time and efforts to finding a solution for those who have been wronged by the painfully slow process of repayment."
+ World Series of Poker bracelets | ||
!Year | !Tournament | !Prize (US$) |
$2,500 Pot Limit Omaha | $195,000 | |
$118,440 | ||
2002 | $107,540 | |
2002 | $1,500 7 Card Stud | $132,000 |
$5,000 Pot Limit Omaha | $635,603 | |
$2,500 No-Limit 2-7 Draw Lowball | $96,367 | |
2009 | $2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo | $220,538 |
$3,000 H.O.R.S.E. | $329,840 |
+ World Poker Tour Titles | ||
!Year | !Tournament | !Prize (US$) |
$10,000 L.A. Poker Classic | $1,596,100 |
On the January 22, 2007 airing of NBC's ''Poker After Dark'', Ivey won the $120,000 winner-take-all "Earphones Please" tournament by eliminating Mike Matusow, Tony G, Andy Bloch, Phil Hellmuth and Sam Farha. On the April 15, 2007 airing of NBC's "National Heads-Up Poker Championship", Ivey was defeated by actor Don Cheadle. The loss marked the third consecutive year Ivey had been eliminated in the first round from this tournament. His streak ended in 2008, when he advanced to the semifinals, losing to eventual champion Chris Ferguson. Phil Ivey took part in seasons three and six of GSN's High Stakes Poker.
According to HighStakesDB.com, Phil Ivey earned $1.99 million on FullTilt in 2007, $7.34 million in 2008, $6.33 million in 2009 and $3 million in 2010.
Ivey resides in Las Vegas. In December 2009, Ivey and his wife, Luciaetta, filed a joint petition for divorce after seven years of marriage. The divorce was granted on December 29, 2009.
Ivey is a Los Angeles Lakers, Houston Rockets, and a Buffalo Bills fan and can often be seen wearing basketball jerseys. Ivey's hobbies include video games, prop betting and golf. He participated in the inaugural World Series of Golf, where he finished in third place.
Category:1976 births Category:African-American sportspeople Category:American poker players Category:Living people Category:People from Atlantic County, New Jersey Category:People from Riverside, California Category:People from Roselle, New Jersey Category:World Poker Tour winners Category:World Series of Poker bracelet winners
af:Phil Ivey bg:Фил Айви cs:Phil Ivey da:Phil Ivey de:Phil Ivey et:Phil Ivey fr:Phil Ivey is:Phil Ivey it:Phil Ivey he:פיל אייבי nl:Phil Ivey no:Phil Ivey oc:Phil Ivey pl:Phil Ivey pt:Phil Ivey ru:Айви, Фил sk:Phil Ivey fi:Phil Ivey sv:Phil IveyThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
He is now designing for European contemporary design manufacturers like B&B; Italia, Bisazza, Poliform, Moroso, Flos, Boffi, Cappellini, Droog and Moooi, founded in 2000, of which he is also art director and co-owner.
Wanders was a juror for various prizes like the Rotterdam Design Prize (for which his own products were nominated several times) and the Kho Liang Ie prize. He lectured at SFMoMA, Limn, the Design Academy, Nike, IDFA, FutureDesignDays and has taught at various design academies in the Netherlands and abroad.
Marcel was the editor of the International Design Yearbook 2005.
In 2007 Wanders collaborated with German sportswear and apparel manufacturer Puma AG on a range of lifestyle products such as beach accessories.
Various designs of Marcel Wanders have been selected for design collections and exhibitions, like the Museum of Modern Art in New York and San Francisco, the V&A; Museum in London, the Stedelijk Museum in Amsterdam, Museum Boijmans van Beuningen in Rotterdam, the Central Museum in Utrecht, Museum of Decorative Arts Copenhagen and various Droog exhibitions.
Coverage on Marcel has been published in design magazines and newspapers such as Domus, Interni, Blueprint, Design Report, Frame, I.D. magazine, Abitare, Wallpaper, Nylon, Elle decoration, Icon, Esquire, the International Herald Tribune, Washington Post, the Financial Times, the New York Times and Business Week.
Category:1963 births Category:Living people Category:Design Academy Eindhoven alumni Category:Dutch furniture designers Category:Dutch industrial designers Category:People from Boxtel
br:Marcel Wanders de:Marcel Wanders fr:Marcel Wanders it:Marcel Wanders nl:Marcel WandersThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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