The tie bet in Bet365 Live Baccarat has a high house edge compared to other bets. This means that the chances of winning are lower for the player. The house edge for the tie bet is 14%, which is much higher than the 1.06% house edge for betting on the banker. It's important to note that the tie bet should be avoided if you want to maximize your chances of winning at Bet365 Live Baccarat.