{"id":123504,"date":"2022-09-20T16:40:20","date_gmt":"2022-09-20T23:40:20","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/?page_id=123504"},"modified":"2024-01-25T11:55:25","modified_gmt":"2024-01-25T19:55:25","slug":"losing-money-on-good-rules","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/losing-money-on-good-rules\/","title":{"rendered":"Losing Money on &#8220;Good&#8221; Rules?"},"content":{"rendered":"\n<h4>Blackjack Rules: Every Rule Option is Good<\/h4>\n\n\n\n<p><strong>by Arnold Snyder<\/strong><\/p>\n\n\n\n<p><strong>(First published in Avery Cardoza&#8217;s&nbsp;<em>Player<\/em>&nbsp;Magazine)<br>\u00a9 2005 Arnold Snyder<\/strong><\/p>\n\n\n\n<p>A player recently emailed me asking if it was better if a casino allowed players to surrender, or if it was better if this was not allowed. He wrote: \u201cEvery blackjack player I know thinks this a great rule. But it seems to me that I give up a lot of hands I would have won. Now, I hardly ever surrender unless the cards are running really bad for me in a shoe. Why would casinos allow players to surrender if the house didn\u2019t make money on it?\u201d<br><br>Here\u2019s something to remember: Every time a casino gives you an option, no matter what that option is, it can\u2019t hurt your chances of winning unless you misplay the option. Let me give you a radical example. Every blackjack player has the option to hit a total of 20. Not that any of us would hit a 20, but we all have the option. Because we don\u2019t hit our 20s, the option has no effect on us. We know how to play this option. We stand. If a casino suddenly posted signs that said, \u201cHitting 20s is not allowed,\u201d no player would care.<br><br>So, hitting a 20 is an option that would hurt us if we exercised the option, since we\u2019d bust 92% of the time, but in reality it doesn\u2019t hurt anyone because no one exercises the right. If a casino posted a sign that said, \u201cAll players are now allowed to double down on 3-card hard 16s,\u201d it wouldn\u2019t matter. All intelligent players would recognize the option as an option that would be foolish to exercise. So an option can\u2019t possibly hurt us unless we exercise it incorrectly. By definition, an option means we have the right to not exercise it.<\/p>\n\n\n\n<h5>Surrender, A Blackjack Rule with Great Value<\/h5>\n\n\n\n<p>Surrender is an option that, in fact, has real value when exercised correctly, and you don\u2019t have to be a card counter to take advantage of it. Unfortunately for most players, it probably does hurt them more than it helps. In fact, I suspect from the email I got from the reader above that he was correct in his conclusion that he would have done better if he just didn\u2019t surrender at all. His statement that he now only surrenders when the \u201ccards are running really bad\u201d is worrisome.<br><br>Surrender decisions have nothing to do with how the cards are running. The decision to play a hand or give it up, along with half the bet on it, should be based purely on math. And the major problem that many players have with this option is that they surrender way too frequently.<\/p>\n\n\n\n<p>Some players will give up on almost any stiff total against any dealer high card. That has a huge cost to the player. Purely based on the math, do you know how often you should surrender any total of 12, 13, or 14?<br><br>Never.<br><br>It doesn\u2019t matter if the dealer has a ten, an Ace, or any other upcard. And it doesn\u2019t matter how the cards have been running. Purely based on the math, you will lose more money surrendering any of these hands than you\u2019ll save by giving up half your bets.<br><br>The only hands you should ever surrender are hard 15 against a ten, or hard 16 against a ten or Ace. That\u2019s it, as far as the math goes.<br><br>One player tried to argue with me once that if he had a hard 15, basic strategy was to hit it against any dealer 7 or higher. Since seven of the thirteen possible hit cards he could get (any 7, 8, 9, 10, J, Q, or K) would bust him, he\u2019d be better off surrendering 15 against any dealer 7 upcard or higher. His argument: \u201cIf I\u2019m going to bust more than half the time, then I save money by just giving the dealer half of my bet.\u201d<br><br>That sounds logical, but it\u2019s a twist of logic. Let me explain&#8230;<br><br>If I were to flip a coin with the understanding that if it comes up heads, I win, and if it comes up tails, I lose, this is a dead even bet. Since I know that the odds are that I\u2019m going to lose this bet half the time, would I have the same result if I just surrendered half of my money on every bet?<br><br>No way. Without surrendering, I\u2019ll break even on a coin-flip in the long run. If I surrender half my money on every bet, I\u2019m losing at a 50% rate for all the money I bet! Surrender doesn\u2019t become a break-even bet until I know I\u2019m going to lose twice as often as I\u2019m going to win. It takes two half-losses to make up for one win. A total of 15 against a dealer 7, 8, or 9 may be a pretty bad hand, but believe it or not, it doesn\u2019t lose twice as often as it wins.<\/p>\n\n\n\n<h5>Good Blackjack Rules Sometimes Entice Players to Make Bad Blackjack Plays<\/h5>\n\n\n\n<p>Some years ago, a mathematician did a study of the general public\u2019s play at casino blackjack. He literally watched players in Las Vegas and Reno and kept a record of how they played their hands.<\/p>\n\n\n\n<p>One of his more interesting findings was that players in Reno made fewer errors than players in Las Vegas. Why was this? Because players in Las Vegas had more options.<\/p>\n\n\n\n<p>In Reno, blackjack players were only allowed to double down on 10 or 11, while in Las Vegas they were allowed to double down on any two cards, including doubling after splits. If you are only allowed to double down on 10 or 11, you will very rarely make a double-down error, since it\u2019s almost always correct to double down on 10 or 11. But there are lots of errors you can make if you are allowed to double down on any two cards.<br><br>In fact, the options to double down on any two cards, and to double down after splits\u2014just like the option to surrender\u2014are player-favorable options. If you know when to exercise the options, and when not to, these options will make money for you in the long run. But if you do not exercise the options correctly, then you\u2019re making the options work for the house.<br><br>Surrender is one of those options that almost always makes money for the house because most players give up too many \u201cbad\u201d hands too often. The fact is, if it ain\u2019t a 15 or 16, and if the dealer doesn\u2019t have a ten or Ace showing, it just ain\u2019t that bad. You\u2019ve just got to be brave and hit that sucker! \u2660<\/p>\n<a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-facebook nolightbox\" data-provider=\"facebook\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Facebook\" href=\"https:\/\/www.facebook.com\/lasvegasadvisor\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"Facebook\" title=\"Follow us on Facebook\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/facebook.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-twitter nolightbox\" data-provider=\"twitter\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Twitter\" href=\"https:\/\/twitter.com\/LVA_Tweet\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"twitter\" title=\"Follow us on Twitter\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/twitter.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-youtube nolightbox\" data-provider=\"youtube\" target=\"_blank\" rel=\"nofollow\" title=\"Find us on YouTube\" href=\"https:\/\/www.youtube.com\/c\/LasVegasAdvisorSHOW\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"youtube\" title=\"Find us on YouTube\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/youtube.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-instagram nolightbox\" data-provider=\"instagram\" target=\"_blank\" rel=\"nofollow\" title=\"Check out our instagram feed\" href=\"https:\/\/www.instagram.com\/lasvegasadvisor\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;\"><img alt=\"instagram\" title=\"Check out our instagram feed\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/instagram.png\" \/><\/a>","protected":false},"excerpt":{"rendered":"<p>Blackjack Rules: Every Rule Option is Good by Arnold Snyder (First published in Avery Cardoza&#8217;s&nbsp;Player&nbsp;Magazine)\u00a9 2005 Arnold Snyder A player recently emailed me asking if it was better if a casino allowed players to surrender, or if it was better if this was not allowed. He wrote: \u201cEvery blackjack player I know thinks this a [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Losing Money on &quot;Good&quot; Rules? - Gambling With An Edge<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/losing-money-on-good-rules\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Losing Money on &quot;Good&quot; Rules? - Gambling With An Edge\" \/>\n<meta property=\"og:description\" content=\"Blackjack Rules: Every Rule Option is Good by Arnold Snyder (First published in Avery Cardoza&#8217;s&nbsp;Player&nbsp;Magazine)\u00a9 2005 Arnold Snyder A player recently emailed me asking if it was better if a casino allowed players to surrender, or if it was better if this was not allowed. 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