October 19th, 2015 at 3:06:16 PM
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My local recently introduced the 10-1 tie side bet on at least one of their tables, as described/analyzed by the Wizard here:
The strategy and house edge with it are very interesting; this is the only side bet I've ever seen that can lower the house edge of the game. There are a couple rule differences between his analysis assumption and my local:
-Late surrender allowed
-Re-splitting aces allowed
I would obviously always re-split aces. Is there any situation where surrender is worthwhile with the tie bet? Any idea on the house edge considering these two rule changes?
The strategy and house edge with it are very interesting; this is the only side bet I've ever seen that can lower the house edge of the game. There are a couple rule differences between his analysis assumption and my local:
-Late surrender allowed
-Re-splitting aces allowed
I would obviously always re-split aces. Is there any situation where surrender is worthwhile with the tie bet? Any idea on the house edge considering these two rule changes?
October 20th, 2015 at 7:17:55 AM
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Quote: CaimanMy local recently introduced the 10-1 tie side bet on at least one of their tables, as described/analyzed by the Wizard here: https://wizardofodds.com/games/blackjack/appendix/8/#toc-Tie-Version1
The strategy and house edge with it are very interesting; this is the only side bet I've ever seen that can lower the house edge of the game. There are a couple rule differences between his analysis assumption and my local:
-Late surrender allowed
-Re-splitting aces allowed
I would obviously always re-split aces. Is there any situation where surrender is worthwhile with the tie bet? Any idea on the house edge considering these two rule changes?
The results of an infinite-deck analysis show that these two rules decrease the house edge by a difference of 0.05%. So the house edge would change from the Wizard's 0.24% to 0.19%. This effect is due solely to re-splitting aces--you shouldn't surrender using the basic strategy even if you could surrender on the side bet too.