answers to The most Frequently Asked Questions about blackjack

    • It’s a card game between a player and a dealer where each card has a point value.

    • Players bet before any cards are dealt and sometimes have the option of multiplying their bet.

    • The player or dealer who gets closest to 21 without going over 21 wins the bet.

    • “Blackjack” is also the name of a hand in the game which has 21 points in the first two cards.

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    • Players make a bet then the dealer gives them two cards both face up.

    • The dealer deals himself two cards, one face down and one face up.

    • Players makes a decision to stand, hit, double split, and sometimes surrender.

    • Any player (or dealer) who exceeds 21 loses.

    • After all payers have made their decisions, the dealer draws cards according to the table’s rules.

    • The player who is closer to 21 than the dealer takes back his bet and wins an amount equal to his bet.

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    • It is the decision to hit, stand, double, split, or surrender that is most likely to result in the player winning the hand.

    • The factors affecting the decision are the player’s and the dealer’s specific cards and their point total.

    • Basic strategy is usually communicated as a decision table addressing all possible hands which is based on the blackjack table’s specific rules (which can vary some).

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    • Blackjack is played in every casino in the world that offers table game (some don’t).

    • Just find a table, buy some chips from the dealer, and make a bet.

    • Dealers love new players and are happy to answer questions and give advice.

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    • Don’t make sucker bets.

    • Learn basic strategy.

    • Bring enough cash to the table.

    • Leave the game with a profit.

    • Don’t hedge when you’re losing.

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    • Bets where the house has a large advantage (edge) over the player relative to the game’s other bets.

    • This includes Insurance.

    • And “even money”…when the blackjack payoff is 3 to 2.

    • And Side bets.

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    • Use visualization — picturing the basic strategy decision chart in your mind.

    • Use a wallet card while learning.

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    • One that’s 33 times the average bet.

    • This rule-of-33 will allow you to weather the game’s normal ups and downs…

    • Making the chance of going broke in a 3-hour game only 5%.

    • Any game longer than 3 hours, and any amount less than 33x increases the player’s chance of going broke.

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    • Our suggestion: when you have won 33 times your average bet in a 3-hour period.

    • The chance of winning this much in 3 hours is 5%.

    • We think that’s a reasonable goal and target.

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    • Never hedge (reduce) your bet or fail to double or split when you’re losing!

    • Always bet the maximum allowed when you have an advantage over the house.

    • “Streaks” start and end on a random basis…don’t make decisions based on streaks.

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    • It’s the difference between what the house wins and what the player wins.

    • For example, with a 5% house edge, the house will win on average $55 for “every $100 bet.”

    • “Every $100 bet” means $50 from the player and $50 from the house…the house is matching the player’s bet even though only the player’s money is physically on the table.

    • The house edge for blackjack is typically 0.5% ($0.50 for every $100 bet).

    • It shoots up to almost 2% if the blackjack payoff is 6:5.

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    • It’s what a better expects to win or lose on a bet when the risk of winning or losing is factored into the calculation.

    • EV = (Payoff x Probability of Winning) - (Bet x Probability of Losing)

    • The more bets, the more the average winnings or loses will approach the expected value.

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  • It just doesn’t pay enough with a 2 to 1 return.

    • The odds against winning the insurance bet are 2.25 to 1.

    • This means the house has an 11.1% edge over the player.

    • Even when risk is factored in using the expected value calculation, the house still has an edge of 8%.

    • The house edge for the game as a whole is usually about 1/2 of 1%.

    Since the payoff never changes, taking insurance when there’s a large bet on the table is also a bad idea.

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    • Sometimes, depending on the blackjack payoff.

    • For example, if the blackjack payoff is 3 for 2, the house get a 4% edge when the player accepts even money.

    • If the blackjack payoff is 6 for 5, however. the player gets a 20% edge if he accepts even money.

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    • Not if you are playing the odds.

    • The house edge with side bets is typically 4% to 12% depending on the type of side bet.

    • If you like making lottery-like bets, however, you might enjoy side bets as they usually have a big payoff when you win.

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    • It’s a way to tell if the cards remaining in the deck have a higher than normal proportion of 10-point cards.

    • 10-point cards are bad for the dealer since the dealer must always hit on 16 or less and has a higher chance of going over 21 if there are lots of 10-point cards.

    • When it’s in his advantage, the card counter increases his bet.

    • Most systems for counting cards require the player to keep a tally of points based on the cards that have been dealt.

    • Buy the eBook for more information…

    • Not if you are playing for fun.

    • It’s boring and stressful.

    • And you are likely to get caught when you increase your bet.

    • It’s not illegal, but the casino will probably ask you to leave and not come back.

    • Buy the eBook for more information…

    • A betting system is a method of increasing or decreasing a bet based on prior losses or wins.

    • For example, with the popular Martingale system, players halve their bet when they win and double it when they lose.

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    • They appear to allow the player to avoid going broke, but they don’t.

    • Luck is the determining factor in winning or losing, not the bet amount based on a past event(s).

    • What happens with betting systems is that players often hit the table minimum or maximum limits or they don’t have the bankroll to sustain the bets required.

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    • Because it’s more predictable based on statistics than other casino games.

    • The decisions in basic strategy, for example, are all based on probability

    • The house edge is determined by averaging the frequency and the expected value of each possible hand

    • Even the amount a player wins or loses due to luck can be predicted with a certain probability using standard deviation

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    • No.

    • It helps if you can add quickly, but the only real need is to know what to do when (basic strategy).

    • The game’s rules are easy to learn and remember.

    • Nowadays, most casinos use the same rules: dealer stands on 17 or more, but hits on soft 17, no surrender, 3 hands can be split and doubled, dealer peeks.

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    • Never take insurance.

    • Never take even money when the blackjack payoff is 3:2.

    • Never make side bets.

    • Bring 33x the average bet as a bankroll.

    • Leave the game when you have won 33x the average bet.

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    • Yes, for most people.

    • Nowadays the lowest table minimum for the 3:2 game is $15 or more, sometimes $25 or more.

    • This means you need a bankroll of $495 ($15) or $895 ($25) to play for 3 hours with a reasonable (95%) chance of NOT going broke.

    • Depending on your luck and how long you play, it’s easy to lose.

    • But it’s just as easy to win.

    • Don’t play if you don’t have the required bankroll or if you cannot afford to lose it.

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    • Over the long run, a player who knows basic strategy should only lose the house edge (0.5% in most games) of the total amount bet.

    • In the short term, players can win or lose a lot of money depending on luck as the house edge is tiny.

    • On average, player’s should break even less the amount they spend on the house edge, which most players view as an entertainment expense.

    • Calculate the total amount bet correctly…it’s the average bet / hand x the rate of play x the total time played.

    • In three hours, a $20 player can easily bet $3.300 and 0.5% of this is $16.50.

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    • It’s random…it works the same for the player and the casino.

    • Streaks happen, but no one can predict when they will start or end.

    • Nothing that happened in the past is going to affect the future (the Gambler’s Fallacy).

    • Blackjack has a relatively narrow range statistically between the amount a player might win or lose.

    • The casino wins small but steadily; the player wins big but rarely…have patience.

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    • Most experts say NO as the house edge goes from .5% to about 2%.

    • However, if the table minimum is relatively low ($5, $10, or even $15), and you can play perfect basic strategy, and there’s not another blackjack game offered, we say go for it.

    • Why? Because luck is still the major determinant on whether you will win or lose.

    • Why deny yourself the fun of playing a short-term game for a small difference in the house edge?

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