Blackjack Expected Return
The expected value of that $1 bet, for the customer, is about 84 cents. The expected value of each of those bets–for you–is $1.16. That’s how the casino does the math on all its casino games, and the casino makes sure that the house edge is always in their favor. With blackjack, calculating this house edge is harder. For instance, Atlantic City Blackjack by Microgaming is played with eight decks with the standard rules and its house edge is 0.46%. In this case, the RTP is 99.64% which means that in theory if you place a $100 bet, the expected return is $99.64. However, in reality this is not the case since the RTP percentage applies to everyone.
Blackjack Expected Return
I don't assume anyone here has a chart with the Spanish 21 S17 expected values from hitting and standing, but if there is such a link, feel free to post it here. Alternatively, if anyone has the computing power to let me know the EV of hitting 16 vs 10, 16 vs A, 16 vs 9, 15 vs 10, and standing on 17 vs 10 (so I can see if it is below .545, and should therefore surrender instead), it would be appreciated. I have Katrina's book, but don't think this information is in there.
Blackjack Expected Return Calculator
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