hello,
I know the basics of blackjack, however can not figure out how the house has an edge in blackjack. For example, if the dealer draws to 17 and the player plays in the same manner than the odds of winning would be 50 correct? Now if the dealer has a blackjack he/she automatically wins (payout of 1-1), but if the players has a blackjack then they would have a payout of 3-2. There are no ante bets in blackjack that don't get a payout like in 3-card poker. Mathematically with the above info, the player should have an edge in the long-run. But obviously I am missing some facts. So what am I missing and how does it give the house an edge.
I do understand in other games the house has an edge (vig) based on not paying out the proper payout odds.
Thanks,
1Hand
I know the basics of blackjack, however can not figure out how the house has an edge in blackjack. For example, if the dealer draws to 17 and the player plays in the same manner than the odds of winning would be 50 correct? Now if the dealer has a blackjack he/she automatically wins (payout of 1-1), but if the players has a blackjack then they would have a payout of 3-2. There are no ante bets in blackjack that don't get a payout like in 3-card poker. Mathematically with the above info, the player should have an edge in the long-run. But obviously I am missing some facts. So what am I missing and how does it give the house an edge.
I do understand in other games the house has an edge (vig) based on not paying out the proper payout odds.
Thanks,
1Hand