Casino Surrender

[moo321]

In case you aren't familiar, casino surrender allows you to automatically win half your bet if you have a pat 20 after the dealer has checked for blackjack. Normally it has a pretty high edge of 5% or so. But would this ever become correct against a 10 upcard, because the count was so high that the likelihood of a push increased?

[la_dee_daa]

what now? is this some crazy new surrender rule that still lets you play your hand after you surrender or am i just clueless here.

moo!!!!!

[la_dee_daa]

or are you saying the casino dealer surrenders their hand?? and you have the choice.. i guess i haven't seen this rule before and am confused of this

[shadroch]

In a casino that offers dealer surrender,if you have 20 and the dealer is showing a ten,you can take half a win automaticaly.If you are betting $10,you win $5.
I think its a terrible option and can't see it being worth taking except in rare circumstances.

[moo321]

Originally Posted by shadroch

In a casino that offers dealer surrender,if you have 20 and the dealer is showing a ten,you can take half a win automaticaly.If you are betting $10,you win $5.
I think its a terrible option and can't see it being worth taking except in rare circumstances.

Well, I'm just wondering what those circumstances might be. Seems like it might be worth it at higher counts.

[Renzey]

Originally Posted by moo321

Well, I'm just wondering what those circumstances might be. Seems like it might be worth it at higher counts.

Under normal conditions when you're dealt 20 against the dealer's 10 up, you have a +56% EV. If you take the automatic half bet winner, you earn 50%.

At a true count of +11 (Kiss RC of '42'), your EV drops to 50% due to the greatly increased chance of pushing. At anything over that, you're better off taking the Casino Surrender option.

[moo321]

Originally Posted by Renzey

Under normal conditions when you're dealt 20 against the dealer's 10 up, you have a +56% EV. If you take the automatic half bet winner, you earn 50%.

At a true count of +11 (Kiss RC of '42'), your EV drops to 50% due to the greatly increased chance of pushing. At anything over that, you're better off taking the Casino Surrender option.

Hmm... I guess it's something to keep in mind for double deck.

[shadroch]

The few casinos I've ever seen this offered in only had it on shoes.Last place I saw it was in The Sahara and it was a bad shoe game. Six decks,I think.

[k_c]

Originally Posted by moo321

In case you aren't familiar, casino surrender allows you to automatically win half your bet if you have a pat 20 after the dealer has checked for blackjack. Normally it has a pretty high edge of 5% or so. But would this ever become correct against a 10 upcard, because the count was so high that the likelihood of a push increased?

This would be a valuable option if it was early surrender. i.e it would be correct to surrender and take a sure 50% before dealer checks for blackjack but not after.

k_c

[shadroch]

Originally Posted by k_c

This would be a valuable option if it was early surrender. i.e it would be correct to surrender and take a sure 50% before dealer checks for blackjack but not after.

k_c

Dealer Surrender only comes in if the dealer has a ten showing,not an Ace. If he has a ten,its only 1/13 that he has an Ace.It's pretty much just a bet that he has a ten as a hole card,so its pays off 4 out of 13 times in the long run.