For those who play blackjack fairly often, for those who have researched blackjack, studied blackjack, they know the odds. They know that blackjack games start with a house edge of 2% to 5%. These studied blackjack players know that they can reduce the house edge to 0.5% just by playing perfect basic strategy.
Unfortunately 0.5% is the best odds an online blackjack player can be after. For blackjack players who play in brick and mortar casinos, they can employ their skills at card counting, and even out the odds or even tilt the odds in their favor.
But what do odds tell you about winning? They tell you the chances of you winning, but those odds apply to each and every hand. They do not tell you on average how often you could win at blackjack. And the well informed player should know how often they could win.
On average a player will only win 44% of the time while the dealer will win around 48% of the time. Those percentages apply to blackjack game when basic strategy is applied. But either the player winning or the dealer winning only accounts for 92% of games. The other 8% goes into pushes. Meaning that 8% the dealer and the player will have a push.
Of the average 44% of games that the player will win, 5% of those games will be won with a natural blackjack. Interestingly enough, the dealer