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Thread: Players advantage for taking even money in 6/5 blackjack.

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    Players advantage for taking even money in 6/5 blackjack.

    I was in reno doing game scouting there and saw a casino offer even money in 6/5 blackjack. How much of an advantage does the player get for taking even money in 6/5 blackjack? Or is there an advantage at all?
    Last edited by seriousplayer; 08-30-2014 at 11:32 AM.

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    If you bet $5 and got a blackjack, would you rather get paid $6 or $5?

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    Quote Originally Posted by hitthat16 View Post
    If you bet $5 and got a blackjack, would you rather get paid $6 or $5?
    But the payout matters. Think of it this way -- if BJ paid 5:1, you would not take even money. The closer the payout is to 1:1, the more likely you are to take even money.
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

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    Quote Originally Posted by seriousplayer View Post
    I was in reno doing game scouting there and saw a casino offer even money in 6/5 blackjack. How much of an advantage does the player get for taking even money in 6/5 blackjack? Or is there an advantage at all?
    Yes, take the even money.

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    Quote Originally Posted by seriousplayer View Post
    I was in reno doing game scouting there and saw a casino offer even money in 6/5 blackjack. How much of an advantage does the player get for taking even money in 6/5 blackjack? Or is there an advantage at all?
    Yes, of course there's an edge. You don't mention the number of decks, so let's assume SD. You get a natural vs. dealer's ace 2 x 4/52 x 16/51 x 3/50 = 0.2896% of the time, or once every 345 hands. Suppose your bet is $5. When this happens, your e.v. for NOT talking even money is +$6 x 34/49 = $4.16. Naturally, if you accept the even money, your e.v. is a certain $5. So, for every $5 that you bet, you make an extra $0.84 when you accept even money, which is 16.8% of your original bet. Of course, this edge manifests itself only about 0.3% of the time, so your global edge, across all play is only 16.8% x .3% = 0.05%.

    Don

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    Good question, take even money. I dont got the math in front of me but im sure in a moderate negative count, you might be better of taking the 6:5, but you shouldn't be playing until then anyway.
    Last edited by ZenKinG; 08-30-2014 at 05:42 PM.

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    "I dont got [sic] the math in front of me but im sure in a moderate negative count, you might be better of taking the 6:5,"

    Not even remotely close. You would need an unspeakably negative count, the likes of which you would never see in a single-deck game. In other words, don't even think about it!

    Don

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    Quote Originally Posted by moses View Post
    So Don. Just to clarify. Are you saying always take even money? This would never be an issue in a 6.5 game because I'd never touch it. So always take even money in a 3.2 game?
    Sigh. Where did I say anything remotely like that? The entire thread and question revolves uniquely around being able to get paid even money at 6:5 BJ games. Of course you do NOT, as basic strategy, take even money at 3:2 BJ games.

    Don

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    I'm slightly confused why a casino would offer "even money" on a 6:5 game.

    On a 3:2 game, laying insurance vs even money is equivalent. On a 6:5 game, even money is a better deal than insurance.
    May the cards fall in your favor.

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    Even money in a 6:5 game has insurance paying 5:1 on that decision (take 1 unit insurance on a 5 unit bet and get paid 5 units if the dealer has BJ or lose 1 unit out of the 6 unit payoff for BJ if the dealer doesn't have it). With one T for every 5 other card in the deck this is break even. Off the top the ratio is 4:9 which is so far north of 1:5 it is ridiculous. If you assume all other cards are distributed equally, you get 9:45 with 15 neutral cards and 5 aces. That's a HILO count of 14 high cards and 25 low cards out of 54 cards. The TC = (14-25)/(54/52) = -10.6. I think it is reasonable to call that always take even money. If you are still there at TC -11 you have bigger problems than whether or not to take even money in a 6:5 game if it is offered.
    Last edited by Three; 08-31-2014 at 01:20 PM.

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    Take partial insurance on some small bets as well as some large bets and take full insurance of most large bets. An application of RA insurance play can work great for larger bets concerning heat.

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    Quote Originally Posted by Tthree View Post
    Take partial insurance on some small bets as well as some large bets and take full insurance of most large bets. An application of RA insurance play can work great for larger bets concerning heat.
    Be careful when doing this (insuring for less) especially if you have a BJ. I've done it before at a store where you'd expect the dealer to know how to handle the situation (how to pay out). But NOPE, dealer couldn't figure it out and she tried to take my BJ bet and pay insurance with it.
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

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    Quote Originally Posted by RollingStoned View Post
    she tried to take my BJ bet and pay insurance with it.
    Well you know that isn't going to fly.

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