Quote:
Originally Posted by tomdemaine
Lol guess I was way off I thought I remembered reading that most of the players equity came from hitting blackjacks. Figured it would have a bigger impact.
10-1 blackjack if offered in a fair game is a huge effect.
Getting a blackjack occurs roughly 1 in 21. So on average, every 21 hands you now get 10 units instead of 1.5. So you will typically gain 8.5 units more than normal every 21 hands.
So if the original house edge is 1%, you would be expected to lose 0.21 units over 21 hands
With a 10-1 blackjack, you would now gain 8.5 - 0.21 = 8.29 units over 21 hands. This yields a player advantage of: 8.29/21 = 39.5%