Odds

Blackjack: a game of odds

What we call the house edge is just a non-existent numerical value. This is calculated if you get the entire bet at the table and multiplied by the percentage of what the casino would be able to get. This calculation is based on the assumption that the player's moves are right for the game.

Another aspect is the return percentage. This is the value of how much a player can get in order to keep the bets. This is the calculated percentage assuming that the player did the right decision for the game. If there is a 95% payout, that means 100 minus the percentage so the house edge becomes 5%. In this case, this is 5% loss from the money of the player. You get your money and the casino gets 5%.

This is a game with really great winning odds but that is the case only if you know the aspects that can trigger those odds. These aspects tend to be cumulative and this means that the house edge including the rules for players minus by rules that do not give you advantage will be the actual house edge.

House edge and strategies

Using some strategies for blackjack can be used to really change the odds and at some point, the playing ground is almost even already to the casino. The house edge can be minimized to .5 % or even lesser if you know how to play and what to check out. If you play without thinking or strategizing, the house edge will be high and this will be in favor of the casino. If you go for a basic strategy, the risks are minimized and so you lose less than what is expected.

There is what we call the house rules that are the rules that are taking place at the table. A casino can have a number of blackjack tables with unique rules that can affect the odds of winning. Some casinos favor players and others don't. For some casinos that cater to tourists, the rules are less friendly to players than in the casinos on the outside where the rules are more advantageous for players.

If you check the chart showing the strategies, there are some odds favor the players and some favor the casino.