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Safe Bet for Blackjack
Introduction
The Safe Bet is an additional wager available in Dragonfish's Jackpot blackjack game; it provides a payout of 3 to 2 if the player's initial two cards form a hard total between 12 and 16, consisting of two distinct ranks.
Rules
This side wager relies solely on the player's first two cards. It pays 3 to 2 if the player ends up with a 'stiff' total between 12 and 16 that contains no aces and cannot be split.
In the Dragonfish game I encountered, the action takes place with four decks.
Analysis
The table below presents my evaluation of the Safe Bet with an assumption of four decks used. The lowest right cell indicates a house edge of 7.84%.
Safe Bet — Four Decks
Event | Pays | Combinations | Probability | Return |
---|---|---|---|---|
Win | 1.5 | 7,936 | 0.368636 | 0.552954 |
Lose | -1 | 13,592 | 0.631364 | -0.631364 |
Total | 21,528 | 1.000000 | -0.078410 |
The subsequent pay table highlights the house edge across varying numbers of decks.
House Edge Table
Decks | House Edge |
---|---|
1 | 6.49% |
2 | 7.39% |
4 | 7.84% |
5 | 7.93% |
6 | 7.99% |
8 | 8.06% |