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Online Blackjack News - Surrendering in Blackjack


Like most betting options in Blackjack, if you know and understand when to use the Surrender option correctly, it can be a great advantage to the player. Of course if you misuse or neglect the option to surrender then you are simply increasing the edge of the house.

If Surrender is offered, after receiving your initial two cards, you will have the option to surrender and forfeit your cards. The hand ends and you will receive half of your original wager back while the house wins the other half. So essentially if you are dealt a poor hand you can get half of your wager back if you want to forfeit the chance to gamble and win the hand.

So is Surrender a cowardly option? So much in gambling is based on taking a risk, so surrendering a bet seems like a weak option for many players. Why give up and let the casino win half your bet? Often these side bets are good for the house, but in the case of Surrender it can actually be a profitable play for the player.

Surrendering should be thought of as "saving" half a bet, instead of "losing" half a bet. It's far better to save half a bet than lose it all. Over the long term these saved bets can soon add up.

The best time to surrender in Blackjack is obviously when you have the lowest chance of winning. This occurs when you are dealt a poor hand, such as a 15 or 16, and the dealer's up card is a strong card such as a ten or ace.

If we analyze the situation mathematically we can prove why the Surrender play shows positive expectation over the long term for the player. Say you hold a 16, the dealer is showing a ten and your table offers the option to surrender. Statistically you have about a 23% chance of winning the hand if you played it out.

The option to Surrender is a good one for knowledgeable players. The casinos still make money from this option because many players either surrender too easily or never surrender at all. Correct use of the basic Surrender strategy will add money to your bankroll so make sure you understand and apply it wisely!
Source:  Blackjack2002 News Staff

Sunday, 12 August 2007

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