even money

[slammer]

When you agree to even money...do you just take your original bet back, or does the dealer give you the amount of your bet? So i bet $10, and the dealer offers me even money, and i take it, do i get another $10, or do i just not lose my original $10. thanks

 

[KenSmith]

You get another $10. When you have a blackjack, taking 'even money' is just a shortcut way of taking insurance. Unless you're counting cards and know that insurance is a favorable bet at the time, you're much better off not taking even money when you have a blackjack.

 

[violentkun]

3.8% house advantage if you say Yes.

if you want the exact number and how i formulae it, pls tell me.

 

[violentkun]

The dealer has an ACE. You will be offered to even money.

There will be 3 possible outcome.
* a push
* Walk away with $10
* Walk away with $15

His chance of getting a BlackJack is 30.769% (Assuming it has infinite decks).

You blackjack in 100 games. Each games u accepted even money:
100 X 10 = 1000
You backjack in 100 games. Each games u refused even money:
you win 69.23 games = 69.23 x 1.5 = 1038
the rest of the 30.77 games = Push.

REMEMBER SAY NO TO INSURANCE AND BLACKJACK EVEN MONEY

 

[newyorkbear]

If you are not counting cards,it is almost alwaysbetter not to take even money.
but,if you are playing 2D at a full table, and you remember that the last round both you and the dealer drew 4 or 5 card hands with no tens,AND the rest of the table overwhelmingly has small cards,now the ratio of tens to non-tens is in your favor.
Even when you are not counting cards,remembering how your last hand played out,and observing the cards on the board for the current round may sometimes help.

 

[tedloc]

Karma

There will be 3 possible outcome.
* a push
* Walk away with $10
* Walk away with $15

His chance of getting a BlackJack is 30.769% (Assuming it has infinite decks).

You blackjack in 100 games. Each games u accepted even money:
100 X 10 = 1000
You backjack in 100 games. Each games u refused even money:
you win 69.23 games = 69.23 x 1.5 = 1038
the rest of the 30.77 games = Push.

Let's face it. Even money is not a good bet. Having said that, let me say that I think there is definatelly a few times to use it. In you example, you would be 38 dollars ahead making the same $10 bet. What if you have more money on the current hand than the 99 other hands? An even money bet with a $50 hand looks pretty good. Maybe enough to get you over the 'hump'. Also when you are on a losing streak at a table, there's nothing worse, than not getting paid on a blackjack. My biggest losing swing occurred when, I lost 2 hands in a row,with 20 and then pushed with a blackjack. From then on, things turned to shit. I am a card counter and when I raise my bet, I will usually take even money, with a lot of small cards on the table.

 

[E-town-guy]

Let's face it. Even money is not a good bet. Having said that, let me say that I think there is definatelly a few times to use it. In you example, you would be 38 dollars ahead making the same $10 bet. What if you have more money on the current hand than the 99 other hands? An even money bet with a $50 hand looks pretty good. Maybe enough to get you over the 'hump'. Also when you are on a losing streak at a table, there's nothing worse, than not getting paid on a blackjack. My biggest losing swing occurred when, I lost 2 hands in a row,with 20 and then pushed with a blackjack. From then on, things turned to shit. I am a card counter and when I raise my bet, I will usually take even money, with a lot of small cards on the table.

It is still wrong to take even money. Even if you had $10,000 on the circle. You'll win a lot more than you push. By taking even money when the count dictates not to you're throwing away a lot of your edge you get from counting.

 

[tedloc]

Let me try again

It is still wrong to take even money. Even if you had $10,000 on the circle. You'll win a lot more than you push. By taking even money when the count dictates not to you're throwing away a lot of your edge you get from counting.

Dear E
According to VIOLETKUN'S math: You take even money on 100/$10 dollar hands and you win $1000. You don't take even money and you win $1038 on the 69.23 hands where dealer doesn't have BJ. All I said is, that if you increased your bet to $50 dollars on the last hand, it might not be a bad idea. (68.23 hands at $15= $1023+ $50 on last hand + $1073

Now, to my last point. I said I am a card counter, therefore when I raise my bet from $10 to $50 you know the count is high. So if the dealer is showing an Ace I usually take even money.

 

[violentkun]

Logically, E-town-guy stated a very important fact and rule, for the benefit of all.

card counting is not good enough to outweight basic strategy yet. Follow it religiously.

Even on your last hand $50, fight for the $75 is a better option still.

Since you have shown your understanding, i respect your own thoughts. If you just need just a last $50 to reach your target and leave the casino, maybe you might want a even money. but that's really a very weird choice. i m sorry hehehe

 

[E-town-guy]

Now, to my last point. I said I am a card counter, therefore when I raise my bet from $10 to $50 you know the count is high. So if the dealer is showing an Ace I usually take even money.

I don't know what your bet spread is so I don't know how high exactly the count is at $50. You sound very vague when you say "you know the count is high" and "usually take even money". Its important to not only know the count is high but to know at exactly what count to take even money or insurance, then, and only then, should you take it. Otherwise you're throwing away your advantage.