Player Advantages in Blackjack—Payouts

Did you know that your 3-2 payout is an advantage all by itself? That just being paid 3-2 on a natural blackjack eats away at the house edge?


It’s actually quite simple. See, every time that a blackjack player wins with a natural blackjack he receives a payout of 3-2.

The dealer, no matter what he wins with, will only receive a 1-1 payout—better known as an even money payout.

So how does this impact the house edge?

Let’s look at some math. Let’s say that you go one-on-one with a blackjack dealer for two hundred games at $10 per game. Now of those two hundred games you win fifteen with natural blackjacks, and the dealer also wins fifteen rounds with natural blackjacks; we’re going to forget the other games, only looking at those games that have been won with natural blackjack.

With the 3-2 payout you will have won $225. The blackjack dealer, being paid 1-1 for his natural blackjacks will have only won $150.

The point is that over time the blackjack player can eventually empty the dealer’s chip rack just from winning. It would take time, but we’re looking at the fact that it can be done because no matter how many times the dealer wins, he is only receiving an even money payout while the blackjack player is getting 1.5x what he has wagered.

The 3-2 payout is an advantage to the blackjack player because he is getting more for a win—his wins are worth more and accomplish more in terms of payout. In strategy, the point is to win more. And since the player is winning more money in a win it gives him an advantage that the blackjack dealer doesn’t have.