Blackjack Payouts and Blackjack Odds

Have you ever thought about the payouts you receive in a game of blackjack?

Oh I am sure you have thought about it in terms of money. You know not to play in a game of blackjack if the payout for a natural is 6-5 because it means you will receive less money.

But have you thought about blackjack payouts in terms?

Probably not.

Another reason not to play in a 6-5 payout blackjack game is what that payout does to your blackjack odds. That so-called payout takes 1.39% off of your blackjack odds. In fact, the only payout worse than a 6-5 is an even money—that knocks 2.27% off.

The reason for the hit to the odds is because a smaller payout is an opportunity to make less when winning. Blackjack odds are based on opportunities for the player to make money. If a house rule or payout provides the player with an opportunity to make more than the standard amount given simply for beating the dealer, then that house rule or payout increases the player’s odd.

On the other hand if the house rule or payout takes away from the opportunity to make money, that house rule or payout decrease the player’s chances.

So is there are a few payouts that decrease a player’s blackjack odds—not to mention money. Are they are payouts that increase the player’s odds?

There is. A 2-1 payout for a natural blackjack increases a player’s blackjack odds and money.

For a 3-2 payout a player receives $1.50 for every dollar that they wager. For a 2-1 payout a player receives $2 for every dollar wagered. It does not sound like much but in terms of a standard $10 wager, you would receive $20 instead of $15.

As for odds, a 2-1 payout increases a player’s blackjack odds by 2.27%, which is quite a nice increase.

So if you can find a game with a 2-1 payout play in that game since that blackjack payout will increase your blackjack odds.