It is not. Although baccarat is often compared to a coin-tossing game, the Banker bet has a slightly higher chance of winning. In addition, there is a draw option, not a 50-50 chance. Even if you throw the draw option out of your calculations, Banker still has a 51% chance of winning every time. Therefore, many experts believe that one should always play Banker or wait for at least one round after losing a Banker bet.