Baccarat Side Bets: Payouts, Odds and the Real Cost

Written by Bojan Lipovic
Reviewed by Jonathan Farrell
Updated July 10, 2026
Baccarat side bets shown on a casino table layout
Baccarat Side Bets Explained: Payouts & House Edge
Casino Guide
Quick answer

Baccarat side bets are optional wagers, like the Dragon Bonus, Perfect Pair, Dragon 7 and Panda 8, that pay bigger than the main game but carry far higher house edges. Most sit between roughly 7 and 14 percent, against just 1.06 percent on the Banker bet, so they are fun for a flutter but a poor long-term bet.

Side bets are the flashiest part of a baccarat table and the fastest way to give money back. They dangle payouts of 25 to 1 or more, which is exactly why they carry house edges many times higher than the Player or Banker bet. This guide explains each popular side bet, what it pays and what it really costs, then ranks them by house edge with a tool that shows the damage in real dollars. If you are new to the game, start with our how to play baccarat guide, then come back for the extras.

Key takeaways
  • Bonus bets, bonus cost. Every popular side bet carries a house edge far above the main game, the price of those bigger payouts.
  • The Player Dragon Bonus is least bad at about 2.65 percent; most others run from 7 percent to over 14 percent.
  • Pairs and Panda 8 cost around 10 percent, roughly ten times the 1.06 percent edge on the Banker bet.
  • Fine as a novelty, poor as a plan. Over many hands they drain a bankroll fast, as the ranker below makes plain.
The Basics

What are baccarat side bets?

Baccarat side bets are optional wagers you place before the deal, in addition to the main bet on the Player or Banker. Instead of paying on which hand wins, they pay on specific extra outcomes: a hand forming a pair, a win by a big margin, or a particular three-card total. In return for those longer odds, each one hands the casino a much larger edge than the base game.

You will usually have to place a main bet to unlock the side bets, and the exact menu depends on the version you are playing. Whatever the table offers, the pattern holds: the flashier the payout, the steeper the cost. For the numbers on the main bets that side bets are measured against, see our baccarat odds and house edge guide.

Bet By Bet

Dragon Bonus

The Dragon Bonus is the most popular baccarat side bet. It wins when your chosen hand either wins with a natural eight or nine, or wins by a margin of at least four points, and it must be bet on the same side as your main wager. Payouts climb with the winning margin, topping out at 30 to 1 for a nine-point win, and a natural win pays even money.

The catch is the gap between the two versions. The Player Dragon Bonus carries a house edge of about 2.65 percent, the gentlest of any popular side bet. The Banker version, however, jumps to roughly 9.37 percent, because a Banker hand less often wins by a wide margin. If you play this bet at all, the Player side is the only one worth considering.

Bet By Bet

Perfect Pair and pair bets

Pair side bets pay when the first two cards of a hand match. There are three common forms. A Perfect Pair needs the two cards to be identical in rank and suit and typically pays 25 to 1. A plain Pair bet needs a matching rank only and pays 11 to 1. An Either Pair bet, which wins if either hand pairs, pays 5 to 1.

Here is a worked example. If the Player’s first two cards are both the King of Hearts, that is a Perfect Pair and a 25 to 1 win. If they were the King of Hearts and the King of Spades, it would miss the Perfect Pair but still land a plain Pair at 11 to 1. Despite the tempting numbers, the plain Pair bet runs a house edge of about 10.36 percent on an eight-deck shoe, and it gets worse with fewer decks, climbing past 11 percent at six decks, so more decks slightly favour the player here.

Bet By Bet

Dragon 7 and Panda 8 (EZ Baccarat)

Dragon 7 and Panda 8 are the two side bets built into EZ Baccarat, the commission-free version of the game. The Dragon 7 wins when the Banker wins with a three-card total of seven and pays 40 to 1, for a house edge of about 7.61 percent. The Panda 8 wins when the Player wins with a three-card total of eight and pays 25 to 1, for a house edge of roughly 10.19 percent.

Because they only exist in EZ Baccarat, whether you can bet them depends on the table. You can read how that variant removes the Banker commission in our guide to baccarat variants. As bets, they follow the same rule as the rest: a big headline payout bought with a big house edge.

Ranked By Cost

How much do baccarat side bets really cost?

House edge percentages are easy to shrug off, so this tool turns them into dollars. The bars rank the popular side bets from worst to best by house edge, with the Banker main bet at the bottom for comparison. Set your stake and each bet shows what it is expected to cost you per hand and across 100 hands.

Side-bet cost ranker
Choose a stake to see the expected cost of each bet at an 8-deck table.
Tiepays 8:1hits 9.5%
14.36%
Player / Banker Pairpays 11:1hits 7.5%
10.36%
Panda 8 (EZ)pays 25:1hits 3.5%
10.19%
Dragon Bonus, Bankerpays up to 30:1hits varies
9.37%
Dragon 7 (EZ)pays 40:1hits 2.3%
7.61%
Dragon Bonus, Playerpays up to 30:1hits varies
2.65%
Banker (main bet)pays 0.95:1hits 45.9%
1.06%
Expected cost equals stake multiplied by house edge. Figures use standard 8-deck values and describe long-run averages, not any single hand.
The Verdict

Are baccarat side bets worth it?

Straight answer: not if your goal is to win. Every popular side bet costs you more per dollar than the main game, some of them ten times as much, and no betting pattern changes those fixed edges. The smartest baccarat play, as we cover in our baccarat strategy guide, is to stick to the Banker bet and skip the extras.

That said, side bets are not a scam; they are simply expensive entertainment. If chasing a 25 to 1 pair now and then is worth it to you, set a small, separate budget for it and treat any win as a bonus. What you should not do is lean on them expecting to get ahead. Keep your stakes modest, know the edge you are accepting, and stop when the fun does.

Going deeper. House edge is the single most important idea for gambling within your means. GameSense, the responsible gambling program from BCLC, explains what house advantage really means for your money and how to keep play in check.
Put It Into Practice

Where to try baccarat side bets

Side bets show up most often at live dealer baccarat tables, where the Dragon Bonus and pair bets are part of the standard layout and EZ Baccarat tables add Dragon 7 and Panda 8. If you want to see them in action, a live table streamed with a real croupier is the place to look, ideally at low stakes while you get a feel for how rarely they land.

Want a live table? Find baccarat side bets at our top live dealer casinos in Canada, all licensed and vetted for Canadian players.
Frequently Asked Questions

Baccarat Side Bets FAQ

Side bets are optional wagers you place alongside the main Player or Banker bet, paying out on specific extra results. The common ones are the Dragon Bonus, which pays on a big winning margin, pair bets on the first two cards, and the EZ Baccarat bets Dragon 7 and Panda 8. They offer bigger payouts than the main game but carry much higher house edges.
The Dragon Bonus pays when your chosen hand wins with a natural or wins by a large margin, with payouts rising to 30 to 1 for a nine-point win. You must bet it on the same side as your main bet. The Player version has a house edge of about 2.65 percent, the least costly of the popular side bets, while the Banker version is far worse at about 9.37 percent.
A Perfect Pair wins when the first two cards of a hand are identical in both rank and suit, for example two King of Hearts, and it typically pays 25 to 1. A plain pair bet, matching rank only, pays 11 to 1, and an Either Pair bet pays 5 to 1. All of them carry steep house edges of roughly 10 percent or more, far above the main bets.
For entertainment and the occasional big payout, yes, but not as a way to win. Every popular side bet has a house edge far higher than the Banker bet's 1.06 percent, ranging from about 2.65 percent up to more than 14 percent. Over time they drain a bankroll much faster than the main game, so treat them as a small novelty, not a strategy.
It varies widely by bet. The Player Dragon Bonus is the lowest at about 2.65 percent, Dragon 7 is around 7.61 percent, the Banker Dragon Bonus about 9.37 percent, and Panda 8 and pair bets roughly 10 percent. The Tie, often grouped with side bets, is about 14.4 percent. Every one is far worse than the 1.06 percent Banker main bet.
They are the two side bets found in EZ Baccarat, the no-commission variant. Dragon 7 wins when the Banker wins with a three-card total of seven and pays 40 to 1, with a house edge near 7.61 percent. Panda 8 wins when the Player wins with a three-card total of eight and pays 25 to 1, with a house edge of about 10.19 percent.

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Bojan Lipovic, iGaming Content Contributor at CASINOenquirer
About the author

Bojan Lipovic

iGaming Content Editor

Bojan Lipovic joined CASINOenquirer in September 2019 and writes the site's online casino guides, researching gambling legalities, local market developments and industry news. With a background in marketing, events and public relations, and fluent in four languages, he brings a global perspective and genuine industry expertise to content that informs and inspires.