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In terms of house edge blackjack has one of the lowest ones of all casino games. The house edge in blackjack is 0.17% for single-deck blackjack and 0.66% in 8-deck blackjack.
You can see how low the game’s house edge is when you compare it to other casinos games such as Keno and roulette, which have house edges of 25%-29% and 5.26% respectively. As you can see the game of blackjack is friendly to the player when it comes to the house edge.
The main reason for blackjack having a low house edge is that it is not only a game of luck, but skill involved as well. In looking at the above house edges for blackjack they are derived from players using basic blackjack strategy. The fewer decks in a blackjack game the lower the house edge will be. Single-deck blackjack tends to have a lower payout for a natural blackjack so the house can have more of an edge over the player.
Whenever you play blackjack online you should check what the house edge is. Some variations of blackjack online have a house edge of over 1% and while that is still pretty low it is rather high for the game overall.
House Edge Explained
All casino games, blackjack included, give the casino a predictable advantage in the long term and that is referred to as the house edge. This advantage for the house is shown in percentages and every casino game has it. The house edge of the casino is the amount that it is expected to profit, as a percentage, from a bet from the player.
For example, if a casino game has a house edge of 3% the player payout percentage would be 97%. So, in looking at the money the casino makes a profit of $3 for every $100 the players wagers at that game and the player will get back $97 for every $100 bet.
Casino games like blackjack, roulette, baccarat, and craps are referred to as “banker games”, as they are ones where the player is going against the house. The dealer in the game such as blackjack is basically a representative of the house. Banker games are setup, so they have the edge over the player, so they have more of an opportunity to win player money no matter how they play.
Using Blackjack Strategy
There are many different types of strategies for casino games and blackjack is no different. There are typical blackjack strategies that can tell you when to hit, stand, or double down depending on what cards you have and what the dealer is showing with their up-card.
There are blackjack strategy cards and using them is a good idea, especially if you are not an expert and you are playing online. The blackjack house edge is derived from players using basic blackjack strategy. Because of this you have to be aware that the house edge for the game drastically increases if you are not using basic blackjack strategy.