How does a 3 to 2 payout work?

Somewhere on the blackjack table there will be a sign that says, "blackjack pays 3 to 2". All this means is that you, the player, will get $3 for every $2 you wager. This is standard, and gives the house slightly elevated odds. If you see "Blackjack pays 6 to 5" run away from that casino.

How do you calculate payout odds?

In order to calculate your potential payout you simply multiply your stakes (the amount of money you wagered) by the odds. For example, if you bet $100 on the Pistons beating the Knicks at 2.25 odds, your total potential payout would be $225 ($100 x 2.25).

Do you hit or stay on 16?

It is best to hit when holding a hand of 10 or 12-16, and stand on anything 17 and over. An ace gives you a good chance of making 21 with a hit. When a dealer has a seven, eight or nine card it is impossible for them to make a blackjack, so your chances increase.

Should I hit on a soft 17?

If it's good enough for the dealer, it's the same for players … hitting soft 17 is always better than standing. Therefore, one of the golden rules of smart play is this: No matter what blackjack game you are playing, never stand on soft 17.

What is the max bet on a $5 blackjack table?

To begin a Blackjack hand, players must bet at least the table minimum. For example, at a $5 to $500 table, the minimum bet to play is $5. The player may bet any amount up to the maximum of $500.

CEG Dealer School Raw Blackjack - How to pay Blackjacks 3 to 2 and 6 to 5 [Short Version]

Should I always double down on 11?

If the dealer is showing a lower card than a 10, it is good strategy to double down. If the casino rules dictate the dealer must hit soft 17, you should always double down on 11 no matter what the dealers up card.

Do you hit a 13 against a 2?

14 stands against dealer 2 through 6, otherwise hit. 13 stands against dealer 2 through 6, otherwise hit. 12 stands against dealer 4 through 6, otherwise hit. 11 always doubles.

Should I hit or stand on 13?

Should I hit on 13? If you have a card hand that totals 13, you should stand if the dealer shows a 2 through 6.

What does 5000 to 1 odds pay?

Clarke, who has season tickets to see the Foxes, had a 10 pound bet ($14), thanks to the 5000-to-1 odds, result in a 50,000 pound ($72,480) pay out.

How much do you win on a $100 bet with odds?

The number on the left represents your winnings and the number on the right represents your stake. For example: 2/1 odds means you'll win $2 for every $1 you bet. A $100 bet at 2/1 odds would win $200, for a total payout of $300.

What does +200 mean for odds?

Odds with a plus sign are underdog bets. Plus odds tell you how much profit you will get on a $100 bet. A $100 bet with +200 odds nets you $200 profit plus your original $100 bet. If you bet $20, you would profit $40. For the rare even money odds, those can be listed as -100, +100 or EV.

What is a 2x3 bet?

What is a system 2/3 (3 bets)? A 2/3 system consists of 3 bets which transpire from 3 picks -- three 2-pick multis (parlays). At least two of the three picks must be correct to gain some winnings - the exact amount of the winnings depends on how many of the predictions prove correct.

What was the largest blackjack bet ever recorded?

In 1995, Packer negotiated terms with the MGM Grand that allowed him to place eight $250,000 bets at a blackjack table in the Grand's high-limit room. So though it was spread over eight different hands, it was $2 million in aggregate betting per round.

What is a 3 to 1 payout?

For example, 3/1 odds mean you profit three times the amount you wagered. A $1 bet at 3/1 would pay out $4 in total, or a $3 profit and your $1 original wager.

Why hit 12 against a 2?

MATH OF HITTING 12 AGAINST DEALER'S 2

If you hit, you'll win 37.4% of the hands and lose 62.6%, on average (excludes ties). 29.6% for standing (64.8% – 35.2%) and 25.2% for hitting (62.6% – 37.4%). After 100 hands, in which you stand on 12 each time, you'd lose about $29, on average.

Do you split 3s against a 2?

That is why correct basic strategy advises in favour of splitting your 2s and 3s against 2 or 3 as well as versus the other small upcards (4, 5, 6, and 7). But what about games that disallow doubling after a pair split (NDAS)?

Do you double with 11 against a 2?

Never double down when you're showing anything higher than an 11, as the chances of going bust are too high to risk. It's better to simply hit or stick on a lower total, and then hope that the dealer goes bust. Basically, if you're ever unsure whether to double down, stick to the safe option and keep your bet as it is.

Do you hit 16 vs 7?

On all your two-card hard 16s, you gain by hitting whenever the dealer has 7 or higher, but the gain is biggest when the dealer has a 7 up.

Why double 11 against 10?

When you double down, you risk losing double your original bet, but with 11 vs. 10, you win double your bet more often, giving you a higher average profit.

What is rule of 9 in blackjack?

By the Rule of 9, doubling down is your best play. Hit. Your 2 plus the dealer's 4 equals only 6, therefore you should just hit. Double.

Can you make a living off of blackjack?

It's definitely possible to play blackjack for a living. It takes hard work, determination, and self control, but we are living proof that you can make a living counting cards at blackjack (not to mention the 100 people we hang out with at the blackjack ball, half of which are millionaires thanks to the casinos).

What table game has the highest odds?

Blackjack Odds

If you're willing to put in a little work, blackjack offers the best odds. I'm talking about a . 5 percent casino edge, depending on which table you're sitting at. (Meaning for every dollar you gamble, you'll lose only half a penny on average.)

How much money should you start with in blackjack?

A decent rule of thumb is to bring at least 100 betting units (for a 4 hour session). So if your betting unit is $100, then I'd bring $10K.