In my post this morning I talked about late surrender and how it works and how it impacts the house edge. I mentioned that there was another form of surrender called early surrender.
Now early surrender is still an incredible boon to blackjack players because, regardless of which type you go with, both still allow you to exit a round of blackjack without losing your whole bet.
Like I said this morning, it’s like folding in poker only better.
Early surrender works in that a blackjack player is allowed to surrender their cards and half of their wager to exit a round. This morning in we learned that late surrender can only happen after the dealer has checked his hole card to see if he has a natural blackjack. It is only after then that a blackjack player can surrender.
But early surrender allows for an earlier out from a round of blackjack. A player can choose to exit a round before the dealer checks to see if he has a natural blackjack.
Because it allows an out regardless of the dealer having a natural blackjack or not, this impacts the house edge in a big way. To the tune of 0.6% off of the house edge. And that is also why you will not see early surrender offered all that often, and when you do see such a blackjack game it would be wise to sit down and play there.
But like late surrender, you will not want to use early surrender as an easy-out when you don’t like the cards you’ve been dealt. Other players will probably see such a play as being petulant.
There are only four instances of when it is wise to surrender: a hard 16 versus a dealer’s up card of 9, 10 or Ace, and a hard 15 against a dealer’s up card of 10. Those are the only four instances in which it is statistically advantageous to make an early surrender.
If early surrender is used too liberally, in other words used an easy-out, it will undermine the play’s impact on the house edge. If you make an early surrender constantly you will constantly be losing half of your wager, and it will add up. And because it adds up it means that you are giving the casino more and more of your money than might be necessary. Doing such is how a blackjack player can lessen the impact on the house edge and even lower their own blackjack odds.
So when you see a game of blackjack that offers early surrender, sit down and play knowing that you’re hitting the house edge pretty hard. Just don’t over use it and potentially hurt your own blackjack odds.