Baccarat side bets, such as the Pair bet, Perfect Pair bet, and Super Six bet, can offer enticing payouts but come with significantly higher house edges. The Pair bet, for example, has a house edge of around 10%, while the Perfect Pair bet can have a house edge over 20%. While these side bets can be tempting, it’s crucial to understand the risks involved and incorporate them into your baccarat strategy judiciously.