Busting comes with one of two feelings in blackjack. Either you are quite pleased because the dealer busted, or you are none too pleased because you busted.
Your blackjack odds for busting is about once out of every six hands. That equates to around 16% of the time. And that is if you are a basic strategy blackjack player. If you do not play according to basic strategy, then shame on you and you will be busting more often. So go find a chart.
As for the dealer, the blackjack odds on him busting is twice out of every seven hands, which is around 28% of the time. But do not jump for joy just yet. Just because the dealer has busted does not mean that the house has lost.
This is where part of the house’s built in blackjack edge comes from. If the dealer busts it does not automatically mean that you win.
The dealer is the last to play out his hand for a reason, and it is not just to make it harder for players to figure out how to play out their hands because only the up card is visible. The reason the dealer plays last is because any player who busts before the dealer’s turn is out of the round.
By out I mean that should the dealer bust also, the player still loses. Players who bust first are already out of the game at that point and it means that there is definitely less money the house will have to shell out should the dealer bust. Let me show you.
Let’s say that you are playing at a full table, meaning seven players. Each of you is wagering $10. For this example I am going to say that no one at this table has been dealt a natural blackjack. This means that, without any natural blackjacks, the house stands to pay out $70 should all players win.
But four players bust during their turns. This is all before the dealer has played his hand out. So right before the dealer’s turn, the potential amount that the house has to pay out has been cut from $70 down to $30 should the dealer lose. And if he does lose the house does not have to pay any money to the four players who busted.
So even though your blackjack odds put you at a smaller chance of busting than the dealer, it does not mean that the house is at a disadvantage. That 16% in blackjack odds that has you busting are time when the house does not have to pay you.