SummumBonum
SummumBonum
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November 17th, 2014 at 2:26:57 PM permalink
Does anyone know the theoretical advantage to the rule variation that allows for Late Surrender either on your first two cards, or after hitting any number of times (hitting once, twice, three times, etc.)?

I believe that you can also surrender after splitting a hand, so for example, if you split your 8s against a face card and then draw a 7, giving a total of 15, you can surrender that split hand.

In this game, dealer hits soft 17.

Is anyone aware of modifications to basic strategy or modifications to count modification to basic strategy based on this rule variation?

At this particular casino, I'm not entirely sure how many decks are played although I do know they use one of those constant shuffling machines.
strictlyAP
strictlyAP
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November 17th, 2014 at 4:49:10 PM permalink
Sounds like Spanish 21 or super fun 21 prolly no tens or maybe a differs face missing from deck
The bet will not be paid- not now not ever
Deucekies
Deucekies
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November 17th, 2014 at 6:53:47 PM permalink
I'm sure it varies from casino to casino, but in Spanish 21, the standard rule is that late surrender is allowed on only your first two cards. Not after hitting, and not after splitting.

Quote:

9. Dealer checks under Ace or Face card for blackjack. Early Surrender (before peek) is not permitted. Late Surrender is only allowed on the player's first two cards. Late Surrender allows the player to forfeit 1⁄2 of their wager and drop from the hand. Player can not surrender when the dealer's hand is a blackjack.



Source: http://www.wsgc.wa.gov/activities/game-rules/spanish-21.pdf
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
SummumBonum
SummumBonum
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November 17th, 2014 at 7:55:06 PM permalink
No, it is not Spanish 21. There are 16 10-value cards per deck unlike Spanish 21 where there are only 12.

In this variation, there are two huge downsides, blackjack only pays 6:5 which itself is about 1.39% disadvantage to the player. Secondly, the player is required to pay $1 per hand for a bet up to $100, so that's about another 1% (or more) disadvantage to the player.

So why play this game?

Because playing hands as a player allows the player to become banker (banker rotates every two hands with most players declining to bank), which means you're effectively the casino and now the unfavorable rules work to your advantage. Lots of these tables have hundreds of dollars worth of action per hand with mediocre players, so while banking, you have about 6%-10% advantage over the mediocre players, so the $1000 per hand action you're seeing is worth about $60-$100 per hand.

So my question, which no one has yet answered, has to do with how to minimize losses when you're playing hands as a player, waiting for the more profitable banking position.
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