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.

Rules to Improve Your Blackjack Odds

The better your blackjack odds are, the better your chances of taking home some extra money. Thankfully blackjack is one such game that you can do this with.

Blackjack is a casino game in which the odds are not set in stone, like how they are with a slots game. Tables and online blackjack games can have different rules that can either help improve your blackjack odds or hurt them. Naturally, you want to look for the rules that will improve your blackjack odds.

But do you know what house rules to be on the lookout for to improve your blackjack odds?

One of the best rules to look for is blackjacks that pay 2-1. This rule can increase your blackjack odds by 2.27%. With a 3-2 payout you would be paid $15 for a blackjack on a $10 wager. But your winnings for a blackjack at a 2-1 table is $20. You are being paid more for you blackjack and that hits the house harder.

Another good house rule to be on the lookout for is an automatic win for a Five Card Charlie. A Five Card Charlie is a hand of five cards whose total value is still less than 21. If you are playing at a table that allows a Five Card Charlie to beat anything the dealer has—a natural blackjack included—your blackjack odds can increase by 1.64%.

There is another 2-1 payout offered on some blackjacks: a 2-1 payout on suited blackjacks. At a table with this rule, a normal blackjack will receive a 3-2 payout, while a suited blackjack receives a 2-1 payout. A suited blackjack means one made up of an Ace and a 10 value card of the same suit: both clubs, both spades, both diamonds or both hearts. A 2-1 payout on a suited blackjack can increase your blackjack odds by 0.57%

So while you are out cruising the casino floor or the online casinos, keep an eye out for these rules. And if you find a game that has even one of them, jump and start playing so that you can take advantage of the increase to your blackjack odds.

A Bigger Blackjack Payout

Who wouldn’t want more of a payout for a blackjack? A 3-2 payout seems generous compared to those 6-5 payouts. But shrewd blackjack players don’t play at those tables anyway. But what if there was such a thing as an even bigger payout?

Well, there is. But you’ll have to keep your eyes peeled to find one of these games. But if you do find one they are well worth it. I’m talking about a blackjack payout of 2-1.

If you thought that doubling down on a third card was good in terms of what it does to the house edge, then you’re going to love this one. This rule on blackjack payouts being 2-1 reduces the house edge by 2.2%.

Two whole percents and then a little extra. Let’s show what that does. Worse case scenario you’re playing in a blackjack game with a 5% house edge. Well if it has a 2-1 payout that house edge is immediately reduced to 2.8%. One rule! And if you add basic strategy—perfect basic strategy—to that a blackjack player could just about bring the odds even. And if you’re a card counter you’re looking at walking away with some money.

The reason for the big hit to the house edge is in how much more they are paying you for a blackjack. A 3-2 payout reduces to 1.5 -1 payout. Anyone can see how 2 is bigger than 1.5.

What does that look like in money? Well if you bet $20 on a round and are dealt a blackjack in a 3-2 payout game you would only receive $30. But if you were playing in a 2-1 payout blackjack game you would receive $40.

The reason you don’t see this payout all that often is because when it is offered and the pro blackjack players hear tell of it, they flock to that casino. And they play higher stakes than the average player. Casinos can stand to lose a lot when pros swoop down on 2-1 payout blackjack games.

That’s why when you find one you want to sit down and not get up unless you have to. The house edge being reduced by 2.2% and the bigger payout is too good to pass up.