Is it a good idea to play blackjack with even money?
There aren’t many people who play blackjack in Online Casino Malaysia and are aware of the even money rule, much less know how to apply it properly. This article explains how the rule works and why it should be avoided like the plague.
What is blackjack where you can make even money?
Suppose you are dealt an ace and an image card, which gives you the desired blackjack and a nice payday. Visualize this. The dealer’s upcard, on the other hand, is an ace. That means your hand is tied, and you’ll get no value for it because of the dealer’s downcard being a ten.
Most casinos allow you to ask for even money at this point. That means you can invoke the rule before the dealer reveals his downcard, and you will be paid 1:1 on your stake, no matter what the dealer does.
No matter what happens, you’ll be rewarded with some cash.
The risk is that the dealer does not get a blackjack, and you would have walked away with even more money than you did.
Due to the high number of tens, jacks, queens, and kings in a deck, many players incorrectly believe that the dealer will make a blackjack. They opt for the guaranteed money because they don’t want to deal with the agony of a push, where only their stake is returned.
If the dealer has an Ace upcard, all of the players at the table may be offered insurance, which is common in blackjack. Taking out insurance is something you should avoid at all costs.
When it comes to money protection, even money is not good.
Should you opt for the option for even money?
In a word, no. Simply put, the numbers don’t add up here. To make the even money bet worthwhile, you need the dealer to make blackjack enough times over time. It’s not likely, however.
Consider a six-deck blackjack game in which you have a made blackjack, and the dealer has an ace on the dealer’s shoe. 96 cards (tens through kings) are available, and 30.7 percent of those cards are used to make a blackjack by the dealer.
There’s a 30.7% chance your hand will be a push, according to the odds provided. You might conclude that asking for the same amount of money and ensuring your profit is preferable. Wrong.
You should keep in mind that, if you do nothing, the dealer’s downcard has a 69.3 percent chance of not being valued at 10, as follows:
You win nothing when the dealer has blackjack 7 percent of the time.
Your winnings are 1.5 units for every 3% of cases in which the dealer does not hold blackjack (a 3:2 payout)
Your blackjack hand is worth approximately 1.04 units if you average these possible outcomes. A online blackjack for money hand’s long-term expected profit value with an ace as the dealer’s upcard is $10.40 if you stake $10.