Tag: Blackjack

True Odds in Insurance

When it comes to odds in casino games, many are actually quite accurate, or true. I know, surprising considering how the casino like to take money. However, at least in most games the odds are true. One of the exceptions though is an insurance bet in blackjack.

First off, what are true odds?

True odds are quite simple. Odds are true when they are even with the payout. Meaning the payout has to be the same as the odds of landing that payout. Take roulette for example. In a game of roulette there are thirty six numbers. If you were to make a wager on one of those numbers and won that round you would receive a 36-1 payout. And that matches the odds of landing one number, which is naturally thirty six to one.

Now let

Knowing When to Double Down on Soft Hands

Soft hands tend to throw some blackjack players off. Most tend to play them as if they were hard hands. Sometimes this works and other times players are not playing their blackjack hands to the greatest advantage.

And you should want the greatest advantage.

Even if a player is playing according to basic strategy the casino will still have the advantage. It does not matter if you are playing blackjack online or in a brick and mortar casino, the house will still have around a 0.5% advantage over you.

And because they will always have the advantage over the player (other than skilled card counting players) you should always want to play your hand to the greatest advantage in blackjack.

Stiff hands and soft hands are the hardest hands to play. There is nothing you can really do about stiff hands other than play them according to basic strategy. But soft hands do not have to be played like a hard hand

Be Mindful

One of the fun things about playing blackjack in a brick and mortar casino is the free drinks. You will see waitresses going from table to table bringing drinks to players.

The casino

Another Name for Insurance

Insurance has an alias, did you know that?

I am willing to bet that you are a smart blackjack player, be you an online blackjack player or one who plays in a brick and mortar casino. You most likely know what the alias of Insurance is.

Well this deceptive little choice that gives edge to the house also goes by the name of Even Money. And you will only be offered a shot at even money when you have been dealt a natural blackjack and the dealer has an Ace showing.

And that is exactly how the dealer will put it to you, making even money sound like something special that you have earned for being dealt a blackjack.

The truth of the matter is that even money does not earn you anything since you are actually giving part of your odds over to the house if you accept.

You know you are offered insurance when the dealer has an Ace showing, but with a natural blackjack you really do not need to insure it. So the casinos thought they would be smart and offer players the same thing with a different name. Hence even money.

Even money is when you receive a 1-1 payout. And that is exactly what you get if you accept even money. They want to scare you into taking a 1-1 payout so that there will be no risk to the house to pay you a 3-2 payout should the dealer not have a natural blackjack.

And that is the trouble with even money

More Blackjack for Pennsylvania

On Thursday of last week three brick and mortar casinos in western Pennsylvania opened the blackjack tables, drawing patrons away from the long haul drive to Atlantic City to enjoy some blackjack.

Unfortunately for Atlantic City the run of Pennsylvania casinos is not at an end yet. This past Tuesday, July 13th, saw the opening of blackjack tables in three eastern Pennsylvania casinos.

Blackjack players all over Pennsylvania are very excited with the addition of their favorite casino game in six casinos. This follows months of back and forth political arguments earlier this year about whether or not the State would allow table games like blackjack, roulette and craps to be added to their game offerings. But the demand was there and the income to the State in gaming taxes was needed. Everyone wins. Well, except for Atlantic City.

For decades Atlantic City was the mecca of East Coast gambling in the United States. But with the down turn in the economy and a lack of funds trickling down the government hill, states began looking at other ways to bring in money.

Pennsylvania is not the only state to look to gambling. Florida recently settled a long standing dispute with the Seminole tribe about blackjack there. Florida will be making $1.5 billion over the next five years from their deal with the Seminoles.

But with the addition of blackjack to the casino games at the Rivers, Meadows and Presque Isle Downs casinos in western Pennsylvania and the Mohegan Sun, Mount Airy and Hollywood casinos in eastern Pennsylvania could spell even more trouble for Atlantic City.

Not only will the time-honored East Coast gambling destination be competing with these six improved casinos next door, they might also be competing against online gambling. New Jersey is looking at legalizing online gambling for New Jersey residents that would make the competition even greater for Atlantic City.

While Pennsylvania blackjack players are quite happy with the new table games in six of their casinos, we shall have to see how Atlantic City fares over the next few years. Will it be able to keep itself afloat or will it sink in the ocean that is the gambling industry.

Strategies for Online Blackjack

As the gaming industry continues to grow and the gaming technology continues to improve, more and more people will begin to play their favorite online casino games online. And with how people are turning more and more to the Internet for their entertainment

Time is Money, Friend

I am sure we have all heard this phrase before, and generally its source is one of two places: the business world or a movie. Actually I have also heard that goblins in massive multiplayer online games say the phrase too. But this actually relates to blackjack

On Card Counting and Blackjack

While basic strategy offers players a wonderful, easy and legal way to lower the house edge it only takes you so far. As far as 0.5% still being in the house