Bacarrat is a casino game, also known as baccarat, where players compete against each other to form hands that have the highest point value. The goal is to win, but this is not always possible.

The game is played with eight 52-card packs (and sometimes six) that are dealt from a dealing shoe one card at a time face down. Green felt covers the entire table and the numbers 1 to 12 are marked on it.

Players may place bets on the Bank or Player, with each bet made in a numbered area on the layout. There are also several side bets available that vary from place to place.

In addition to the main Player and Bank bets, there is also a tie bet. The tie bet pays 8 to 1 and is worth a small amount to the house.

There are three popular variants of baccarat: Punto Banco, Chemin de Fer and Baccarat a deux tableaux. In baccarat chemin de fer and baccarat a deux tableaux, both the Player and Bank have the choice to take a third card or stand.

The most common version of the game is Punto Banco, where each player is dealt two cards. The first two cards are exposed to the opponent, and the third card is compared with each hand.

Unlike blackjack, where players must remember a large number of rules to determine when to stand or hit, there is no such rule in baccarat. Standard house rules determine when the Player Hand requires a third card and when the Bank Hand does. There are also a few other rules, such as the requirement that the banker draw only on 0-6 and 9-8.