Blackjack Payout: Calculating your Win
Understanding blackjack payout is essential so you'd know what to expect. Understanding blackjack payout can also give you a general idea of risks and return rates when playing blackjack.
Blackjack payout is the easiest to calculate because you only have to multiply the base value times the amount of your bet. The total blackjack payout, then, partially depends on your wager. 3:2 is the payoff for a blackjack. To win the blackjack payout of 3:2, your hand must consist an Ace and a face-card or a ten card. Facecards have a value of 10 in blackjack Such card combination is referred to as natural 21 or blackjack. This means that if you have placed a hundred-dollar bet, you will be paid $150.
If you and the dealer both have a blackjack, you neither win nor lose. Your wager is declared a push.
The payoff for insurance, on the other hand, is 2:1. Insurance is a side bet which you can take when the dealer's face up card shows an Ace. The worth of insurance bet should be half your blackjack bet. So if you placed a $100 blackjack bet, your insurance bet should be $50. If the dealer wins, you lose your bet but get paid on the insurance. On a $50-bet, you'd win $100. If the dealer doesn't have a blackjack, you'd have your insurance bet forfeited.
The one thing you have to avoid when playing blackjack is to bust. To bust means to have a hand total that exceeds 21. If your hand busts, you automatically lose your bet. In case it's the dealer who busts, players are automatically paid a blackjack payout of 1:1.
There's another way to lose your bet in blackjack, and that's when the dealer's hand total is higher than yours. If your hand is better than the dealers, however, you get paid 1:1. If your hand has the same total value as the dealer's, the dealer wins.
Again, the objective in blackjack is to earn a hand total of 21. To achieve this, you can either hit or stand, double down or split. To hit means you can ask the dealer to draw you another hand. To stand means you're good with your two cards and won't draw another.
Though you will be playing alongside other players, blackjack is an individual game. So it won't matter what the other player's hands are. As long as you beat the dealer's hand, you get a blackjack payout. Again, you can win 3:2 on a natural, and 1:1 on a non-blackjack winning hand.
Blackjack payout refers to how much you would be paid if you win a game. Calculating blackjack payout is easy. You just multiple the total amount you have wagered to the fixed payout values. Knowing what these base payout values are, is essential also in developing your overall blackjack strategy.
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