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Casinos' Blackjack Payouts Drop From 3-to-2 Rate to Just 6-to-5

Take the Money and Run," told reporters at the magazine. Vote Now in Urgent Poll The new change affects hands that make a blackjack, also known as a "natural 21," achieved by pairing an ace with a 10 card or face card. A special situation happens when the first two cards dealt are a 10 and an ace valued at 11 , adding up to 21 right away, a situation called a natural blackjack. In blackjack, players receive two cards and then decide if they want to "hit" and get more cards, or "stand" and use the cards they already have. We never share your email. Here is the output from the calculator using a fairly standard set of Las Vegas blackjack rules, with the 3-to-2 natural blackjack payout:.

Blackjack Payouts v2

Wikimedia Commons An apparently tiny rule change at two casinos in Las Vegas will have pretty serious negative consequences for gamblers. In blackjack, players receive two cards and then decide if they want to "hit" and get more cards, or "stand" and use the cards they already have. The goal is to get a higher score than the dealer, based on the values of the cards, without going over Should you do this, you get a payout of 1-to-1; you win as much money as you bet. A special situation happens when the first two cards dealt are a 10 and an ace valued at 11 , adding up to 21 right away, a situation called a natural blackjack.

In this case, the standard payout, and the old rule at the Venetian and Palazzo, is 3-to This seems like a small change, but it has a pretty serious effect on the game. Natural blackjacks are not completely uncommon; about 1 in 20 hands will come up with a natural The rule change means that the casinos will be paying out quite a bit less money.

In terms of the industry, the rule change greatly increases the "house edge. Games are set up to be slightly unfair to players in the long run, paying out a little bit less in total than what is taken in.

The house edge is usually expressed as a percentage. Using this handy blackjack house-edge calculator from gambling analysis site Wizard of Odds , we can see what will happen to players at the Venetian and Palazzo under the new rules.

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