Tag: Blackjack Payout

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

Blackjack Strategy: Winning and Losing with Insurance

Over the weekend a question related to blackjack strategy and insurance came in. I was asked if it was possible to work insurance into one

Blackjack Odds on Busting: Who and How Often

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

Blackjack Odds of Winning

Time to test your blackjack knowledge:

What are the blackjack odds of winning if you ignore the ties?

The answer is 48%.

Pushes, also known as ties, will happen around 9% of the time. But excluding those pushes, your odds of winning are 48% of the time with you and 52% of the time against you. And this is if you are playing according to basic strategy.

You might be wondering how you could possibly make money on this game if you are odds on to lose more often than you would win.

Remember that the 48% of the time you are expected to win is all wins, including the wins you have with natural blackjacks. When you win with a natural blackjack you receive a 3-2 payout instead of a 1-1 payout like you would with a standard win.

So say you are wagering $10 and you win the round, you would receive $10. But if you were to win with a natural blackjack you would win $15. The times that you win with a natural blackjack puts a little more in your bankroll.

Another occasion in which you make more money than the standard 1-1 is when you double down. The payout for a successful double down is 2-1. Again, say you were wagering $10 per hand of blackjack, doubled down and won, you would receive $20 instead of $10.

While there is nothing extra blackjack strategy-wise that you can do to increase your odds of winning with a natural blackjack, when you double down is in your hands.

Doubling down is a good play to make money in blackjack. But it is also a fast way to lose money. The key to making the most of this blackjack play is to know when the most advantageous time to double down are, and that knowing comes from a basic strategy chart. A basic strategy chart gives the best times to double down when your cards and the dealer

Changes in Blackjack in Nevada

Blackjack payout or a dancer, which would you pick?

It seems that while the older generation of blackjack players would like a nice table off to the side where they can concentrate on their strategies and the game, the younger generation of blackjack players seem to prefer other things.

Like dancers.

In the last several months party pits have begun to pop up in brick and mortar casinos around Nevada. In these party pits there can be found blackjack tables that are positioned so that they are facing towards a stage. And on such stages are dancers.

On the surface casinos may appear to be whining about the increased cost of employing dancers, but I do not believe that this is the true case that lies beneath the surface.

Because of the increased cost of dancers, casinos are having to decrease the amount of their blackjack payouts. This is one of the explanations for the recent increase in the 6-5 payouts that are replacing the standard 3-2 payouts.

The reason I do not think the casinos mind this increased cost of dancers is because they can use that as a mask to cover the reason behind decreasing the payout. Because we all know that casinos are always looking for a way to drag a little more money out of a player.

Think about it. Imagine a young man approaching the blackjack tables in one of these party pits. His eyes keep coming back to the dancers. He probably will not really read over the house rules on the felt, which means that he will miss the 6-5 payout on the felt. Those same dancers will also cause him to focus less on his strategy

Blackjack Strategy: Can Insurance Help Me?

Recently I was asked a question in regards to blackjack strategy and insurance. The young man in question plays blackjack online, and had heard that insurance can sometimes be advantageous for the player. He wanted to know if this were true or not.

In a way, yes, it is true. But! But it cannot be used for online blackjack.

In order to make insurance work for you in terms of blackjack strategy you need to be a card counter. And I do not just mean that you have just started counting cards in the casino. You need to be a strong card counter.

Real quick let

Blackjack Fun Fact Friday

I have declared that today shall be Fun Fact Friday. There will be no arguing with me on this either.

But I promise to stick to blackjack facts.

To kick off this Fun Fact Friday I am going to start off with when blackjack first came to the United States.

Yes, we all know that it is one of the most popular casino games. Multiple tables can be found in brick and mortar casinos across the country, and more casinos are moving to legalize blackjack in their states so that they too can jump on the blackjack band wagon.

But it was not always this way for blackjack.

When this favored casino game first game ashore in the United States in the 1800s it was not popular. After all it was an unheard of card game, and with all the gentlemen in the clubs in the city and the cowboys out west hooked on poker, there was not a lot of space for a new card game.

In an effort to make blackjack more appealing, casino owners began adding rules and side bets. Some of the surviving side bets have no become the blackjack variations we have today. And while many professional blackjack players today do not advocate side bets, in the 1800s that was how the casinos lured in players.

In fact, that is how blackjack got its name. The game originated in France and was called Vingt et Un, which is French for 21. When the game came ashore in the 1800s it was simply called 21.

But through the various side bets and special payouts offered 21 was renamed blackjack. This is because one of the special payouts was a 10-1 payout given if the two card 21 was made up of the Ace of Spades and the Jack of Spades or the Jack of Clubs. Hence blackjack.

The 10-1 payout has long since been retired, but the name blackjack has stuck. Even when the special payouts and side bets became blackjack variations and the game was returned to what we know it is now, the name was stuck and blackjack

Insurance and Blackjack Strategy

Have you ever tried to combine oil and water in the same container? It does not work so well does it? Sure, you can shake the container up again and again, but the oil and water will always separate. This is nature

Low on Money: Blackjack Betting Strategy

It happens from time to time. Okay, perhaps it happens more often nowadays with an economy that is not so great. Whether you might be a bit low on funds because of the economy or because you had to put new tires on your car, it does not mean that you have to give up your blackjack playing.

In fact you can work some low stakes options into your blackjack betting strategy just for those times when money is a bit harder come by.

First off, there is no blackjack rule that says you have to play the game at $25 per hand. There are a good many blackjack myths out there, but the correct playing minimum is not one of them.

If you are playing blackjack in a brick and mortar casino look for the blackjack tables with the lowest table minimums. There is no shame in playing at them. Often people will play at them for fun, to save a few bucks or to keep their bankroll in check.

The only thing to watch out for on tables with low table minimums is the house rules. You do not want to play at a table that is offering an even money payout on a blackjack, or one that allows the dealer to hit on a soft 17 or any of the major house rules that hit your blackjack odds hard.

For example, if you are faced with a $5 that offers even money on blackjacks or a $10 table with regular house rules, you will want to play at the $10. Part of playing low stakes blackjack is playing smart. Playing at a table with blackjack odds eating rules you will lose more money faster, thus defeating the purpose of having a low stakes portion to your blackjack betting strategy.

Thankfully playing low stakes in online blackjack is a bit simpler. For one thing the house rules are pretty standard, meaning you are not going to find a standard game of blackjack with funky rules like an even money payout on blackjack or a dealer hitting on soft 17. The blackjack variations will have those, but you know to avoid those.

So all that is left when playing low stakes online blackjack is to control your wagering