Question #3 – Blackjack Test
3. When you are dealt blackjack and the dealer is showing an ace, should you take even money if it is offered by the casino?
Taking even money is essentially the same as purchasing insurance.
In the long run you will be more profitable by not taking even money.
If the dealer made blackjack 33.3% of the time even money would be
an even proposition. But because 10 value cards (10,J,Q,K) only make
up 30.8% of the cards even money will cost you money in the long term.
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