In baccarat, the house edge varies depending on the type of bet you place. Here are the typical house edges for the main bets:
1. **Player Bet**: The house edge is about 1.24%.
2. **Banker Bet**: The house edge is approximately 1.06%. This is the lowest house edge among the standard bets, even after accounting for the commission (usually 5%) taken by the house on winning banker bets.
3. **Tie Bet**: The house edge is significantly higher at around 14.36%. This makes it a much riskier bet compared to the Player and Banker bets.
Choosing the Banker bet is generally considered the best strategy due to its lower house edge.