To fully understand how blackjack works, it is crucial to know how the casino gains its edge and how it helps them win. It’s also important to understand blackjack odds such as the odds of hitting a 10 or the odds of being dealt a blackjack.
The house has an advantage because the player has to draw first and if he busts, the player automatically losses regardless if the dealer subsequently busts in the same round.
On an average, the dealer wins 48% of the time, the player wins 44% of the time and 8% of the hands will end in a draw. Many may question the wisdom of playing a game which puts them at a disadvantage from the start, but it is possible to change the odds to suit the player.
For starters, the player gets a 3 to 2 bonus payoff on a blackjack whereas the dealer only gets paid at 1 to 1 on a blackjack. The players can also double their wager in a favourable situation while the dealer cannot. They can split pairs and stand on 16 while the dealer cannot split a pair and has to hit a 16. These help adjust odds to the player.