Blackjack is a widely recognised card game, and taking the time to understand how it works can help players make more informed decisions. One term that often comes up is “even money”—a specific side bet option available in certain scenarios during the game.
In this post, we’ll look at what even money means, when it applies, and why understanding it can offer helpful insight for those learning more about blackjack.
What Does Even Money In Blackjack Mean?
In blackjack, “even money” is an option you get when you’re dealt a natural blackjack — that’s an Ace and a 10-point card — and the dealer’s face-up card is also an Ace. In this situation, the dealer might also have blackjack, which would result in a tie (called a “push”), and you wouldn’t win anything.
By choosing even money, you’re taking a guaranteed payout equal to your original bet (1:1), instead of waiting to see if the dealer also has blackjack. Normally, a blackjack pays 3:2, which means you’d win more — but only if the dealer doesn’t also have one.
So, taking even money is like playing it safe. It protects you from ending up with nothing if the dealer ends up with blackjack too. You’re guaranteed a win, but you give up the chance for a bigger potential payout.
What Are The Payouts of an Even Money Side Bet?
An even money payout means you win the same amount as you bet. For example, if you place a £10 bet and win, you’ll receive £10 in winnings plus your original £10 stake — giving you a total return of £20. The term “even money” comes from this 1:1 payout structure, where your profit matches your initial bet.
Even money bets are very common in many casino games and are easy to understand. You place a bet, and if it wins, you get back double the amount you staked. This total includes your original stake, plus the same amount in winnings.
This type of bet is easy to understand, which is why it’s often one of the first betting options players come across when learning how to gamble.
Should You Take Even Money?
Choosing even money allows players with a natural blackjack the opportunity of a guaranteed payout of 1:1 as opposed to the usual 3:2, which some may see as a way to avoid uncertainty if the dealer might have blackjack. It offers a more immediate outcome, which may suit certain playing preferences.
On the other hand, accepting even money means giving up the opportunity for a higher potential return if the dealer does not have blackjack. This trade-off can influence the overall value of the hand and is worth considering carefully.
Blackjack basic strategy does not recommend taking the even money option when it’s offered. Even money is essentially the same as taking insurance—you’re accepting a 1:1 payout on your blackjack when the dealer shows an Ace, rather than increasing the chance of a push if the dealer also has blackjack. However, statistically, it’s not a favorable bet in the long run. While some players may choose to take even money for peace of mind, optimal strategy advises against it.
Understanding how even money works can support more informed decisions and encourage a mindful approach to playing.
What Are The Other Side Bets In Blackjack?
Side bets are optional wagers placed alongside your main bet. They typically focus on specific card combinations rather than the outcome of your hand against the dealer.
Another example of a side bet is the “21+3” side bet, which uses your two cards and the dealer’s visible card to form a three-card poker hand. The side bet may result in a payout if the combination results in hands like a flush or straight.
Another common side bet is “Perfect Pairs”, which is based on your first two cards. If they form a pair—particularly one that matches in both suit and rank, known as a “perfect pair”—this can potentially lead to a higher payout structure.
Some venues also offer a “Royal Match” side bet. This involves betting on whether your first two cards are suited, and if they are specifically a King and Queen of the same suit, it’s considered a royal match.
Blackjack is a widely varied game, with many different rules and side bets that can change the gameplay. It may be wise for players to check the specific rules of each casino before engaging in play.
Find The Best Online Blackjack Casinos
With a wide range of online casinos available, knowing where to begin can sometimes be challenging. Having a trusted guide can make the process easier and help you make an informed decision.
When choosing an online casino, it’s important to consider factors like licensing, customer support, and the range of games on offer. These elements can help to create a safer experience.
Here at Casino Beasts, we have a dedicated page that highlights some of the most reputable online casinos. This list is designed to help you find a site that fits your preferences and gaming style.
Our site aims to support those seeking a well-regulated and entertaining environment to play blackjack. Take your time to browse the options and choose what works best for you, ensuring that your online experience suits your preferences and is responsible.
