In the game of baccarat, the term dragon refers to a specific bet that can yield lucrative payouts. Players who wager on the dragon bet are betting that a specific hand will win with a natural 8 or 9. This bet is known for its high risk but also high reward nature. The dragon bet is favored by those who enjoy the thrill of baccarat and are willing to take a chance on a big win. Understanding the dragon bet and its odds is crucial for baccarat players looking to maximize their potential winnings.