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Sweet 16
Introduction
Sweet Sixteen is a unique side bet in blackjack that I encountered at the Las Vegas Club back in April 2001. It incorporates a six-deck shoe and pays out based on the first two cards dealt to the player. The accompanying table illustrates the payout for each winning hand, along with its probability, payoff, and overall contribution to the expected return.
Analysis
Sweet Sixteen
| Hand | Probability | Pays | Return |
|---|---|---|---|
| 16-21 points | 0.31907 | 1 to 1 | 0.63814 |
| One ace | 0.142468 | 1 to 1 | 0.284937 |
| Two aces | 0.005689 | 2 to 1 | 0.017067 |
| Pair 2's-7's | 0.034133 | Push | 0.034133 |
| Total | 0.50136 | 0.974277 |
The bottom right cell indicates a return of 97.43%, showing a house edge of 2.57%. This section also highlights the house edge for differing deck counts.
- 1 deck: 3.62%
- 2 decks: 2.99%
- 4 decks: 2.68%
- 8 decks: 2.52%