With Insurance, you must forfeit half of your bet to protect yourself in case the dealer has a blackjack. Again, taking Even Money is the same thing as taking Insurance. Only after the dealer asks for insurance is the player allowed to request Even Money. Even Money can only occur if the player has a blackjack, and the dealer has an ace up card. If a player has a blackjack and they insist on taking insurance, explain to them that taking “Even Money” is the same thing. I provided a chart with these payoffs if you would like a reference. As the dealer, when it comes to paying a blackjack the 3:2 payoff is easier than it looks, you just pay the entire bet plus half. As soon as the bet has been paid, the cards should be placed in the discard rack. If a player gets a blackjack, then they are paid 3 to 2 (or 1 ½ times their bet). That bonus is also known as 3 to 2 and this describes the odds the player is paid when getting a blackjack. When a player gets a blackjack, they’re immediately paid even money plus a bonus. For example, if you have a $12 wager, half of $12 is $6. And it’s a lot easier to figure out half of the bet and then add that number to the original bet.
What this ratio is telling us is that the player will get paid 3 chips for every 2 chips they bet, or 3 to 2.Īnother way to think about it is, 3 to 2 is exactly the same as 1 ½.
