Baccarat/ˌbækəˈrɑː/ Definition 1 of 2Pro Tip 1/3Casino Game Baccarat is usually associated with the luxury casino atmosphere. She decided to learn baccarat to join the high-rollers at the casino. Pro Tip 2/3Not Blackjack Baccarat is less skill-based than blackjack and relies more on chance. Unlike blackjack, in baccarat, you bet on the player or banker. Pro Tip 3/3Cultural Icon Baccarat is often featured in James Bond films, symbolizing sophistication. Just like James Bond, he felt cool playing baccarat.