What are the odds and payouts of blackjack?
Blackjack is a game of skill, strategy, and luck. You can sit down at a blackjack table armed with all the knowledge you have read on the internet and from books but if you just play from instinct you may win but you still need a strategy and luck to win big. It can help if you know the odds of winning at blackjack and the payouts but even knowing this it will not guarantee you a big win. Lady Luck and knowing the basic strategy will help you win. Will you be the winner or will the house? Have a seat at the blackjack table and find out. One important thing to note is that you should find blackjack games that offer the top percentages in a payout. Blackjack is one of the casino games that give you the best odds of winning. When playing blackjack go in with a set bankroll and if you do not win, there is always tomorrow.
Blackjack payout odds
The odds of you winning will increase if you play on a table that is offering the best payout percentage. You will be able to make your bankroll last longer and give you the best opportunity to play a break-even game.
Odds of winning a blackjack hand
The odds of winning a blackjack hand are not determined just by your tactic and play but also the rules the house has set. Each casino had different variations of the moves you are allowed to make and the regulations it follows. There are standard rules that are accepted by all casinos. Before you sit down to play, make sure you know the specific casino rules and the universal rules. If you use the right strategy and moves, you can reduce the advantage the house has down to 0.5%. The margin can rise as high as 5% for the benefit of the house if you just play on instinct or impulse.
- Soft hands – this is where you have an ace and it can be used as one or eleven points so you have more room and a better choice of scoring a blackjack.
- Splitting pairs – it seems that when you are dealt two cards of the same value that you have a better chance of winning a bigger payout if you split certain pairs over the others.
How to get the best odds in blackjack
To get the best odds, as what is mentioned above, you need to use a strategy that would involve basic mathematical probabilities and basic card counting. If you can do this then you will increase your chances of winning. Without organized strategy then the edge the house has will increase and your winning chances decrease.
With card counting, you are not cheating because you are just using what everyone else at the table sees. You are just using your brain to keep track of cards so you can find the betting indicators and mathematical patterns. You will need to keep track of all the cards that are being dealt but not memorize all of the numbers. You want to keep track of a particular value of cards. For example, remembering the count of ten cards that are being dealt. One of the advantages of having a large number of cards in the deck means that the dealer will bust more often. The player will also be dealt more tens so you have more chances of getting a blackjack. Another way to look at card counting is just a method of calculating if the cards that have not been dealt are weighted down with low cards or rich in high cards. The low cards are good for the dealer while the higher cards are good for the player.
When choosing a table to play, never choose one that is offering any payout less than 3:2 odds. Also, the fewer decks being used increase the odds for the player with a single blackjack deck giving the best odds. If you can double on any two cards, it can help improve the payback percentage.
One way to beat the house odds is by increasing your odds. If it is done right, you can increase your odds of winning to the point where you would actually make a profit. It could turn the casino into your own personal ATM. To do this you would have to use card counting, which the casinos do not like because they would be losing money.
The best strategy to use to help increase your odds of winning at blackjack is to use the basic strategy every time. This is the mathematically perfect play in every situation in a blackjack game. There may seem like many blackjack scenarios to memorize but that is not true and it is easier than you think. For the player, the hand has a limit of twenty different totals while the dealer only has ten. Memorizing basic strategy is easy because many hands of blackjack will be played using the same strategy as other hands.
One thing to remember is that the kings, tens, jacks, and queens are worth ten points. This means that there are more tens in a single deck than any other card points. You can use this knowledge to your advantage to predict with a higher probability what will happen if you or the dealer has a ten and what blackjack move you should use.
Another way to get better odds is to make intelligent choices about which games you will play. The one important thing to look for is the payout you would get on a natural 21. Most will pay a 3:2 odds but some pay as much as 6:5 odds. If the table does not pay at least a 3:2 odds on a natural 21 then find another table.
What are the payouts in blackjack
The payouts are generally found at regular rates in every casino with a few variations. The standard payout plans include:
- When the player gets a blackjack and beats the dealer’s card the ratio of the payout is 3:2. For example, if you bet $10 your payout would be $15.
- The payout would be 1:1 if you beat the dealer’s hand without a blackjack. For example, you bet $10 you would get another $10
- No money will exchange hands if you and the dealer gets the same value and it is called a push.
- When the dealer gets a better hand than you or a blackjack the dealer will take your bet and you will have to place another wager.
What is the house advantage in blackjack
When talking about house advantage it is just a theoretical number. They get this theoretical number by taking all of the bets that were made at their casino at the blackjack table and then they multiply that number by the percentage the casino would keep. In addition to this theoretical number, there is also a payout or return percentage.
This is what the player gets to keep of their own bet.
Example: for a 95% payout rate this means 100-95, which gives the house a 5% advantage. For the player, this means a loss of 5%
In most blackjack games the house, or dealer, the advantage is 8% and they get that advantage by being the last player to play their cards. Being last all the other players have made their decisions and possibly have busted before it is the dealer’s turn.
When the house is using multiple decks, it will give the house the edge. Examples:
- Single 0.04%
- Double 0.42%
- Four 0.61%
- Six 0.67%
- Eight 0.87%
Another way that the house can have an advantage is based on how the dealer plays. This means that if the dealer hits on soft 17’s, which is where there are cards that total up to 17 or has an Ace with another card or the dealer stays on all 17’s. If they stand on all 17’s the advantage is better for the play but if the dealer hits on a soft 17 the odds of the house winning are a plus 0.22%.
Generally, the house edge in blackjack is lower than any other casino game. If a person is just playing blackjack without using basic strategy then the house advantage becomes much higher.
3.2 versus 6.5 blackjack
Over the years the casinos are shifting from 3.2 to 6.5 blackjack but the question is, what is the difference and who does this change favour. Simply put, with a 3.2 payout, if you have a winning hand you would be paid $3 for every $2 you bet giving you a 1.5:1 odds. With a 6:5 payout, you would get $6 for every $5 you bet giving you a 1.2:1 odds. This does not seem like much difference but over time, it can make a big difference in the money you receive. When dealing a 6:5 odds the house can increase their odds of winning by approximately 400%