5 October, 2019 21 November, 2019

SHOULD I TAKE EVEN MONEY BLACKJACK?

Should you accept even money in Blackjack? What does even money in Blackjack mean? We have put together a complete guide on even money option in Blackjack for Indian online casino players.

Should I Take Even Money in Blackjack?

SHOULD I TAKE EVEN MONEY IN BLACKJACK?
Published on: 5 October, 2019
What would you do if the casino were to offer you ‘sure money’ when playing online blackjack? Would you accept the offer without having second thoughts? Well, a vast number of Indian casino goers are making the same mistake of accepting the money without thinking it through. In other words, they are being lured by the tempting offer of taking even money in blackjack. But there is more than meets the eye with this side bet. For that reason, our comprehensive guide is here to explain if you should take even money when playing blackjack at an online casino in India.

What is Even Money in Blackjack?

Before we proceed, it is important that you understand the concept of this particular side bet. So, even money is a wagering proposition that allows the players to collect instant profits. This option becomes viable when the punter has a natural blackjack (an Ace + a ten-value card = 21). Also, the dealer needs to have an Ace in the hole for the even-money side bet to become available.

In fact, even money is similar to insurance side-bet. Either way, the logic behind these propositions is that players should protect their bankroll from any losses. With that being said, it turns out that you could lose more rupees by relying on these wagers than you would win if you use them every time.

How Profitable is Even Money in Blackjack?

HOW PROFITABLE IS EVEN MONEY IN BLACKJACK inWhen it comes to online casinos in India, the vast majority of them will offer the option of even money in blackjack. When that happens and you take even money, the following outcomes are possible:

  • The dealer will also have a blackjack, and the hand will result in a push. In essence, you will win the even money bet and get paid 2:1. But, you will not win the initial bet.
  • The dealer will not have a blackjack, and you will win the original wager. In that case, you will get paid 3:2 but you will lose the even money bet.

Basically, even money leaves you with two possibilities.  On the surface, those options may seem lucrative and promising. After all, we all know that the bird in the hand is worth two in the bush. Yet, statistical analysis suggests something entirely different. As a matter of fact, the basic blackjack strategy claims that even money is a so-called sucker bet. In translation, this wagering proposition is a losing one, and you should never accept it. Here is the explanation for this claim.

Why you should not take even money in blackjack?

WHY YOU SHOULD NOT TAKE EVEN MONEY IN BLACKJACK inIn short, if you do not decline even money bet, you would be giving up 4% of your long-term winnings. In case you are a regular blackjack player, 4% can add up quickly and you could lose a lot of your hard-earned rupees.

To clarify, mathematical probability says that the dealer will receive a ten-valued card in around 30% of hands (30,74%). Consequently, this leaves you with a whopping 60% of hands in which the dealer will not receive a ten. In other words, the dealer will lose as much as two-thirds of these propositions by not reaching the magic number 21. So, it is clear that you should follow the math and stay away from even money bets. Even though this tempting offer may seem rewarding, the opposite is true.

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Conclusion

To sum up, even money is one of those betting options that are too good to be true. Yet, Indian players are often fooled into thinking that safe play is the best way to play. On the contrary, it is important to play online blackjack in accordance with the rules of the basic blackjack strategy. By following these guidelines, the playing sessions at Indian online casinos could reward you with more rupees than ever.

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