Blackjack Odds vs Probability
While many people consider odds and probability to be pretty much the same term and use them interchangeably, the truth is that these are not the same terms.
In fact, the difference between odds and probability in blackjack and gambling overall is important, so we will try to explain that difference here since knowing it might help you improve your chances of winning.
Blackjack Probability
As the term implies, probability tells us how likely or how probable it is to win a game in blackjack. This is calculated by dividing the approximate chance of winning by all the possible outcomes or chances.
For example, if we have five cards and want to pick a specific card with just one chance of picking the card, our probability is one (chance of winning) divided by five (all outcomes), which means that the probability to win is 20%.
Blackjack Odds
Odds in online blackjack are a numeric representation of your chance to win. In theory, they would be calculated by using the probability of winning and losing. In the example from above, the odds would be 4/1 (5.00), where 4 represents the chance of losing and 1 represents the chance of winning.
However, that’s not how the odds are calculated in blackjack. This is also true for other games that you can gamble on and the odds will never express the exact chance of winning like the probability.
Instead, the house edge will be calculated into the odds and the odds will only represent the payout for each bet, not the probability to win.
Odds and Probability for Different Types of Blackjack
Since there are many different types of blackjack you can find at online casinos in India, each of them come with specific odds and probabilities for winning.
With that in mind, we will now check the odds and probabilities for different blackjack variations in more detail.
Classic Blackjack
Also known as American Blackjack, Classic Blackjack is the version of the game that you can find in all casinos and it is the most basic, traditional variant of the game.
Classic Blackjack is played with eight standard decks with 52 cards each and the average probability of winning is 42.22%, which is actually the case with all types of blackjack, as we will see when we cover them here.
When it comes to odds, for Classic Blackjack they are 3/2 (2.5) and the payout is the same, so if you bet $100, you’ll win $250, with your profit being $150.
Meanwhile, the house edge is 0.61%, which means that the casino gets $0.61 for every $100 wagered.
European Blackjack
The main difference between American or Classic Blackjack and European Blackjack is in the number of decks used during the game. While Classic Blackjack is played with eight decks of 52 cards, European Blackjack only uses two 52-card decks.
Another difference comes from the fact that the dealer won’t hit again after a soft 17, which means having one ace in the hand. However, they also don’t look at their cards, so they could still have a winning hand.
All of this evens out and the probability of winning at European Blackjack is also around 42% and the odds remain the same at 3/2 (2.50). However, the house edge is a bit lower at 0.39%, so European Blackjack is a bit more profitable for the players than the classic version.
Free Bet Blackjack
Another popular type of blackjack often found at online casinos in India is Free Bet Blackjack. This is pretty much a standard version of the game where you’re allowed to do specific things that affect the game for free. Usually, when you do these things, you have to pay for it.
For example, you can split your hand by using one card for one hand and the other for the second hand. This option is only available to you when you get the same cards.
Another option is to double your bet, which is also paid extra unless you’re playing Free Bet Blackjack. Doubling the bet is available to players when they have a hard nine, hard ten, or a hard eleven.
On top of all this, the odds of winning remain the same — 3/2 (2.50), as well as the probability to win, but the house edge is significantly higher compared to Classic Blackjack. In this version, the house edge is usually at around 1%.
Blackjack Switch
This version of blackjack follows the same rules as the classic game but with an important twist — Blackjack Switch is played with two hands and you’re allowed to switch between them.
For example, if you have 10 and 5 in one hand and 8 and 11 in the other, you can switch 5 and 8, leaving you with 21 in one hand and 13 in the other.
Despite this specific rule, the probability of winning in this version remains the same, around 42%, which is caused by some other rules unique to this game.
For example, the dealer doesn’t lose if hitting 22, but instead, all bets push. On top of that, the same stake has to be placed on both hands.
That being said, the odds on Blackjack Switch are evens (2.00), so they pay less than Classic Blackjack. On the bright side, the house edge for this version is 0.58%, one of the lowest of all blackjack varieties.
Face Up 21 Blackjack
The rules of this version of blackjack are the same as for Classic Blackjack, but all the cards are face up, which means that you can see the dealer’s cards and have a better understanding of what are your chances to win.
As with other versions, the probability of winning at Face Up 21 is approximately 42%, but there is one important difference compared to the classic variant — every tie results in a loss for the player. Of course, that doesn’t include 21, which is a push.
The odds for winning at this game are evens (2.00), so same as the Blackjack Switch and lower than other variants. However, the house edge here is one of the highest at 0.85%.
Blackjack Odds vs Other Casino Game Odds
We’ve seen how the odds of winning at blackjack can be different from one version to another, but in most cases, they range from 1/1 (2.00) to 3/2 (2.50).
Now, we will take a closer look at the odds of winning at some other popular casino games in India and how they compare with the odds of winning at blackjack.
Blackjack Odds vs Baccarat Odds
It is difficult to compare baccarat and live blackjack odds because of the different variations of the game, but also because you can bet on your hand, the dealer’s hand, and a tie in baccarat, leaving too many different options for betting with various odds and probabilities.
To make things simple, we will just compare the probability of winning at blackjack, which is around 42% for the most popular versions, with the probability of winning at baccarat by betting on the Banker’s hand, which is 45.86%.
So, the probability is slightly higher at baccarat, but the odds are lower than they are at blackjack if you bet on the Banker’s hand — 0.95/1.
Meanwhile, you get even odds if you bet on your hand in baccarat, which is the same as some versions of blackjack. However, the probability of your hand winning is 44.62%.
Blackjack Odds vs Roulette Odds
Once again, it’s not so easy to compare the odds of winning at blackjack and roulette since you have many different betting options at roulette. So, for the purpose of comparison, we will go with the bets that have the highest probability of winning and lowest odds, which means betting on red/black, odd/even, or 0-18/19-36.
For all of these roulette bets, the probability of winning is 47.40%, which is higher than most blackjack versions, which have around 42% probability of winning. On top of that, the odds for betting on these specific roulette bets are even (2.00), which is the same as some blackjack variants.
Blackjack Odds vs Poker Odds
Given the number of possible outcomes of poker hands based on the strength of your hand, it’s pretty much impossible to compare the odds or the probability of winning between poker and blackjack.
On top of that, you’re usually playing poker against other players and not the dealer, which also affects the odds since there is no house edge to be calculated. So, there are too many variables in poker to simply compare it to blackjack in terms of winning probability and odds.
Key Takeaways
- Blackjack is one of the most popular card games at online casinos in India and it comes in many different variants.
- There is a difference between probability and odds when it comes to blackjack, with probability representing the chance of winning, while the odds are a numeric representation of the potential payout if you do win.
- The probability of winning for the majority of blackjack variants is 42%, while the odds usually range from evens (2.00) to 3/2 (2.50).
- The house edge is another factor to consider, included in every version of the game. However, how big the house edge is can vary from one version to another, usually from 0.50% to 1.00%.
Test the Blackjack Odds at the Top Indian Online Casinos
If you like the odds and probability of winning after reading our article and want to play some blackjack to check your luck, we have a list of the best casinos in India where you can play.
Our list includes only the top online casinos that offer different blackjack variations, so feel free to check them out and find one that suits you the most.
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Frequently Asked Questions
The probability of winning can vary slightly from one blackjack version to another, but it is usually around 42%.
The blackjack odds are also different based on the version, but in most cases, they tend to range from 1/1 (2.00) to 3/5 (2.50).
No, the house edge can also vary depending on the variant, ranging from 0.50% to 1.00%.
This is hard to determine since there are many variables included and in some cases, blackjack has a higher probability but lower odds, while in others it can be the opposite.
