Blackjack Pays 2 To 1

Blackjack payout refers to how much you would win for a winning hand. The blackjack payout for a natural 21 is 3:2, while insurance pays 2:1. Blackjack payout for a non-natural winning hand is 1:1 but you will get no blackjack payout if your hand busts. Aug 24, 2012 This is the same as blackjack paying 2-to-1. Excluding blackjack-blackjack ties, on a double-deck game a blackjack will occur once every 21.68 hands. Therefore the player will win an extra 25 cents once per 21.68 hands, for a net profit of 0.9032 cents per hand (less than a penny).

  1. Blackjack Pays 2 To 1 Million
  2. Blackjack Insurance Pays 2 To 1
Blackjack also called a 'natural 21'
  1. Dec 28, 2014 Blackjack Pays 2 For 1 (≠ 2:1). 2 for 1 pays 2 but takes the original bet making it even money. 2 to 1 pays 2 but you keep the original bet. 1 for 1 would be a push.
  2. Jan 19, 2008 To do that you'd place chips up to half the amount of your bet on the insurance line. If I do have Blackjack you lose your original wager and your insurance bet pays 2:1. If I don't have Blackjack.

The following is a glossary of terms used in the card game blackjack. This is not intended to be a formal dictionary; precise usage details and multiple closely related senses are omitted here in favor of concise treatment of the basics.[1][2]

8[edit]

Blackjack Pays 2 To 1 Million

86'd
Being told by a casino that you are being removed, generally due to suspected advantage play.

B[edit]

balanced count
Any counting system which has an exact balance between plus cards and minus cards. In such a system, if the deck were counted down to the bottom, the resulting sum would be zero.
blackjack
1. A card game in which players attempt to approach 21 but not exceed it
2. The best possible hand in the game blackjack, made up of an ace and a card valued at 10 (namely, 10, J, Q, K).
bust
Having a total over 21.
bust card
The individual card that brings the hand's total over 21.
basic strategy
A collection of actions that will offer the best odds off the top of the deck. These actions vary when different rules are applied to the game.

C[edit]

cut card
A brightly colored plastic card that serves to mark the point after which the dealer will reshuffle the cards, and used by a player to cut the cards prior to dealing.

D[edit]

double or double down
After seeing their hand, a player can Double by placing an additional bet equal to their original bet and subsequently drawing one and only one additional card. This move may only be used on the first two cards.

E[edit]

even money
When the dealer shows an ace and the player has a blackjack, the player can opt for even money and is paid immediately at 1:1. This is just a version of insurance, not a different bet. If the dealer has blackjack, the hand is a push, but the player receives two times the value of the insurance, which is the same as the original bet. If the dealer does not have blackjack, the player wins 1.5 times the value of the original bet but loses the value of the insurance, and still ends up with the value of the original bet.

F[edit]

first base
The betting spot located to the dealer's left, which is first to receive cards.
five card Charlie
Pays
A bonus or automatic win in some games when a hand contains five cards without busting.

H[edit]

hard hand
A hand in which there is a chance the player will bust on a hit.
hit
To ask for another card. If that extra card makes the total over 21, then the player busts.
hole card
A dealer card that is dealt face down and not revealed to players until after they have acted upon their hands.

I[edit]

insurance
When the dealer shows an ace, the player can choose to place a side bet of up to half the value of the original bet. If the dealer has blackjack, the bet pays 2:1. If the dealer does not have blackjack, the player loses the wager.

N[edit]

natural
Receiving a sum of 21 in the first two cards. A blackjack.

P[edit]

penetration
A number or fraction that represents how many cards/decks will be dealt before shuffling in contrast to the total number of cards/decks in play. It may be expressed in percentage form or as a fraction where the denominator is always the total number of decks in play such as '4.5/6' or '75% penetration'.
pitch game
A blackjack game dealt from the hand of the dealer, normally using 1 or 2 decks
push
A tie; the player and dealer have hands with the same total below 22.

S[edit]

shoe
A device used to hold multiple decks of cards typically 4, 6 or 8. Cards are dealt one at a time from the shoe.
shoe game
A blackjack game which is dealt from a shoe. Shoe games typically use more than 2 decks.
soft
A soft hand is a hand that includes an ace valued as 11, as opposed to 1.
split
If a player is dealt two cards of the same rank, they can choose to play each of them separately, putting up a bet for each one.
stand
To stop asking for more cards.
stiff
Any hard hand where the possibility to exceed 21 exists by drawing an additional card namely 12, 13, 14, 15 or 16
surrender
To surrender is to abandon your hand, while recovering half of your initial bet.

T[edit]

third base
The betting spot located on the dealer's right which is last to act.

U[edit]

Blackjack Insurance Pays 2 To 1

upcard
The card that the dealer is showing.

References[edit]

  1. ^Dalton, Michael. 'The Encyclopedia of Casino Twenty-One - Blackjack Review Network'. Blackjack Review Network. Retrieved 1 February 2018.
  2. ^'Glossary of terms'. Retrieved 1 February 2018.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Glossary_of_blackjack_terms&oldid=975818866'
  • Appendices
  • Miscellaneous
  • External Links

Introduction

Rule variations will have an effect on the player's expected return. The numbers below show the effect on the player's return under various rules and after taking into consideration proper basic strategy adjustments. These changes are relative to the following rules: eight decks, dealer stands on soft 17, player may double on anyfirst two cards, player can double after splitting, playermay split to 4 hands.

Blackjack Rule Variations

RuleEffect
Blackjacks pay 2 to 1+2.27%
Triple down on any two cards+1.64%
Five cardCharlie1+1.46%
Optional half win for 5-card Charlie9+0.77%
Suited blackjacks pay 2 to 1+0.57%
Player 21-points is automatic winner+0.54%
Single deck+0.48%
Early surrender against ace+0.39%
Player 21 vs. dealer blackjack is a push+0.35%
5-card win pays 3-2+0.33%
Blackjack tie pays 3 to 2+0.32%
Six-card Charlie pays 3 to 2+0.31%
Early surrender against ten+0.24%
5-card (or more) 21 automatically pays 2 to 1+0.24%
Player may double on any number of cards+0.23%
Ace and 10 after splitting aces is a blackjack (paying 3-2)+0.21%
Player may draw to split aces+0.19%
Double deck+0.19%
Six card Charlie1+0.16%
Player may double, double for less, or stand after splitting aces+0.15%
Tied blackjack pays 1-2+0.11%
Ace and 10 after splitting aces is a blackjack (paying 6-5)+0.11%
Double Down Rescue+0.10%
6-card win pays 2-1+0.09%
Player may resplit aces+0.08%
Player may double or stand after splitting aces+0.08%
Late surrender against ten+0.07%
Four decks+0.06%
7-card win pays 5-1+0.05%
777 pays 3 to 1 automatically+0.05%
Five decks+0.03%
777 pays 2 to 1 automatically+0.03%
Six decks+0.02%
Seven card Charlie1+0.01%
Late surrender against ace+0.00%
Dealer must stop with six cards+0.00%
Late surrender after splitting+0.00%
Split to only 3 hands-0.01%
No-peek: ace showing2-0.01%
BB+13-0.01%
Dealer secretly goes first5-0.02%
OBBO4-0.03%
European no hole card (splitting)7-0.03%
European no hole card (doubling)7-0.08%
Player may double on 9-11 only-0.09%
No-peek: ten showing6-0.10%
Player may not resplit-0.10%
European no hole card7-0.11%
Player may not double after splitting-0.14%
Player may double on 10,11 only-0.18%
Player may not split aces-0.18%
Dealer hits on soft 17-0.22%
Blackkjack pays 7-5-0.45%
Player may not split-0.57%
Red blackjack pays 2-1, Black blackjack pays 3-2, Mixed blackjack pays 1-1-0.57%
Blackjack pays 6-5-1.39%
Player may not double-1.48%
Player loses 17 ties-1.87%
Player may not double nor split-1.91%
Blackjacks pay 1 to 1-2.27%
Player loses 17,18 ties-3.58%
Player loses 17-19 ties-5.30%
Dealer bust on 22 is a push8-6.91%
Player loses 17-20 ties-8.38%
Player loses 17-21 ties-8.86%

Notes

  1. A 'Charlie' is an automatic winner. For example the five-card Charlie rule means the player automatically wins with 5 cards, as long as he didn't bust.
  2. Dealer does not peek for blackjack with an ace up. If dealer has a ace-up blackjack, player loses all bets made, including from doubling and splitting. A 10-up blackjack will be revealed immediately after peeking, and the player will lose only his original wager, except a blackjack tie will push.
  3. BB+1 refers to an Australian rule, in which the player will lose all busted bets, plus one unit, if the dealer gets a blackjack. For example, if the player splits 8's to three hands of a 20, (doubled) 19, and a busted hand, and the dealer get a blackjack, then the player will lose 2 units, one for the busted hand, and one from the remaining 3 units on the table. There is a great deal of confusion for the term for his rule, some sources calling it 'OBBO,' for Original and Busted Bets Only.
  4. OBBO stands for Original Bets and Busted Only. 'Original Bets' means each original bet per hand. So, if the player bet $5 and split to three hands, he would have three original bets of $5 each. As far as I know, the OBBO rule is confined to some parts of Australia and Malaysia. In the example above, the player would lose 3 units under this rule, one for the busted hand and two for the number of unbusted hands. The term is discussed in depth in the bookThe Pro's Guide to Spanish 21 and Australian Pontoon by Katarina Walker.
  5. This strange rule is actually followed in Pennsylvania, on Shufflemaster TMS-300 video multi-player blackjack games. State law prohibits one player taking the cards of another player. The way they implement this rule is to give every player, and the dealer, a separate shoe. The dealer plays out his hand first, secretly, and the results stored in memory. Then the cards used by the dealer are removed for each player shoe. When all players have finished acting, the game shows what cards the dealer drew already. According to Shufflemaster, the effect of this rule is 0.02% in favor of the dealer. Shufflemaster wishes to add this rule is part of a patent-pending technology.
  6. Dealer does not peek for blackjack with a 10 up. If dealer has a 10-up blackjack, player loses all bets made, including from doubling and splitting. An ace-up blackjack will be revealed immediately after peeking, and the player will lose only his original wager, except a blackjack tie will push.
  7. Dealer does not take a hole card, or never peeks at it if he does. If the dealer has a blackjack, then player loses all bets made, including from doubling and splitting, except a blackjack tie will push. The cost of this rule to the player is 0.08% when doubling, and 0.03% when splitting. This breakdown is important in the case of Galaxy casinos in Macau, where the player only loses the original bet when doubling, but everything when splitting, if the dealer gets a blackjack.
  8. The push on a dealer 22 rule is a legally protected rule. The rights belong to the owner of Blackjack Switch.
  9. This rule can be found at the Pharaoh's Palace in Macau. The player may invoke the rule before the dealer checks for blackjack. The effect shown is based on the dealer not taking a hole card.

Blackjack Pays 2 To 1Written by: Michael Shackleford