Most pages on the Internet about blackjack rules cover the really basic stuff like trying to get a hand as close to 21 as possible without going over. That’s good information to have, but there are subtleties to playing blackjack at a real casino that playing online doesn’t prepare you for.
Hard and soft blackjack hands comparison shows that, soft blackjack hand gives you the benefits in terms of card options. To be very precise, you can add a third card to a soft hand and at the same time you are quite confident of not going blackjack bust. Hard blackjack hand is different from soft hand. Difference between hard and soft 17 in blackjack. It was later added when the game started being used by difference between hard and soft 17 in blackjack casino establishments somewhere in the mid-1800s. There are certain rules to difference between hard and soft 17 in blackjack be abide by by gamblers engaged in these net poker games.My god I cant believe it, said difference between hard. Jan 08, 2015 The difference between hard 17 and soft 17. When dealt a blackjack hand of 17, it will either be a soft-17 or a hard-17. But what exactly is the difference between the two, and are there any differences to how these hands should be played?
This page explains the rules of the game along with how they vary by casino. It also explains the difference between how you use your hands in a single deck game versus a game with multiple decks.
The Basics of Casino Blackjack
Banking Games
Blackjack is one of the best examples of a type of card game called “banking games”. These kinds of card games don’t involve player versus player competition. Instead, each player competes separately against a banker—in most cases, the casino dealer.
Banking games aren’t exclusive to casinos. Home card games can also feature banking games, but the players have to figure out who’s going to act as the banker. When these games are played at home, they’re often played without money involved—my mom and I used to play blackjack for toothpicks.
The Deck, the Cards, and the Table
You play blackjack with one or more standard decks of cards. A standard deck has 52 cards and no jokers. There are 13 cards in each of 4 different suits, but the suits usually have no effect on the outcome of your hand.
In some casinos, you’ll play with only a single deck. It’s more common, though, to play blackjack with multiple decks. In single deck games, the dealer holds the deck and deals from it, but in multiple deck games, the decks are placed in a machine called a “shoe”.
You’ll play at a specifically labeled table which will include notices for the specific rules in the casino. For example, casinos usually pay 3 to 2 for a “blackjack”, but sometimes they only pay 6 to 5 or (worse still) even money. In any of those cases, this payoff is posted at the table.
Texas holdem dealer and blinds. If you are in the big blind position when it’s an unraised pot, you also have the option to check, as you’ve already invested the minimum bet in the pot.
Blackjack Betting and Possible Outcomes
The betting limits are also posted at the table, along with what rules the dealer has to follow while playing.
Casino blackjack games use chips to bet with. You buy those from the dealer. In order to play, you place your chips (your bet) in the appropriate circle on the table.
You have the following possible outcomes for each hand.
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You can lose, in which case the dealer takes your bet. You can lose by busting or by having a worse hand than the dealer.
You can win, in which case the dealer pays off your bet. You win by having a better hand than the dealer.
You can get a “blackjack” or “natural”. This counts as a win, but it usually features a 3 to 2 payout.
You can tie the dealer, which is called a “push”. When this happens, you keep your bet, but you don’t get any winnings.
Victory Conditions and Points
Even though you’re playing at a table with multiple other gamblers, you’re only playing against the dealer. The other players’ outcomes have no effect on your hand. It’s not an “us versus them” game, either. You have no opportunity to “team up” with the other players in order to beat the dealer.
Your goal is to get a point total that’s greater than the dealer’s, but if you get a point total of 22 or greater, you automatically lose. This is called “going bust” or “busting”.
The point totals for a hand are determined by the cards’ ranks. An ace is worth either 1 or 11 points, depending on which is better for your hand. All of the face cards (the jack, queen, and king) are worth 10 points each. And all of the other cards are worth their rank—for example, a two of spades is worth 2 points, a three of hearts is worth 3 points, and so on. Suits don’t matter for this calculation.
Gameplay and Decisions
A round starts when the players place their bets. The dealer gives each player (and herself) two cards. The dealer gets one card face up and the other card face down. The face down card is called the dealer’s “hole card”.
If a player gets an ace along with a 10 on his first two cards, then he has a “blackjack” or a “natural”. This is an instant win UNLESS the dealer also has a natural. If the dealer and the player both have blackjacks, you have a “push”, in which case the player gets his bet back but no winnings.
The dealer checks for blackjack before any additional action. If she has a blackjack, then all the players at the table who don’t have blackjack automatically lose. They don’t even get a chance to play their hands.
But most of the time, the players will have decisions to make about their hands. Players make all their decisions before the dealer, and players can make any decisions they like. The dealer’s decisions come after the players have all acted, and the dealer has no latitude in deciding how to play her hand. She has to follow the rules for playing her hand set by the house.
The players act one at a time, starting with the first player to the dealer’s left. Players have the following options.
Take Insurance
This is a side bet that’s only available if the dealer has an ace showing. The bet is the same size as your original bet. If the dealer has a 10 in the hole, you get paid even money on this bet and lose your original bet. If the dealer doesn’t have a 10 in the hole, you lose your insurance bet and play the rest of the hand normally.
Surrender
This gives you the option of just giving up half your bet and keeping half your bet. You don’t have to play out the rest of the hand. Different casinos have different rules about when and if surrender is available.
Split
If you’re dealt two cards with the same point value, you can split your hand into two hands by placing a 2nd bet of the same size as your initial bet. Each of the 2 cards you have become the first card in two new hands. (You could split a king and a jack, for example, even though they’re not the same rank. They have the same point value.)
Double Down
This is an option to double the size of your bet and take one—and only one—additional card.
Hit
To hit a blackjack hand means to take an additional card and increase your point total by the corresponding amount.
Stand
To stand means to refuse to take any additional cards and move forward with the total you have.
The dealer doesn’t act until all the players have finished. Any player who busts during his turn loses his bet immediately. When all the players have finished their actions, the dealer flips over her hole card and plays her hand according to the casino’s rules.
The dealer is required to take additional cards on any hand with a point value of 16 or below. She is also required to stand on any hand with a point value of 18 or higher. But if she has a total of 17, she has to make an additional distinction—is she playing a soft hand or a hard hand?
A soft hand is a hand with an ace in it. A soft 17, for example, might be an ace with a six or an ace with a four and a three. A hard hand is a hand without an ace in it or a hand where the ace has to count as 1 to avoid going bust.
In some casinos, and indeed, at some different tables in the same casino, the rules for whether or not a dealer hits a soft 17 differ. At some casinos and tables, she’s required to hit. At others, she’s required to stand. This is one of the rules variations that’s always posted at the blackjack table.
If the dealer winds up with a hand that busts, any player still in action wins even money. If the dealer winds up with any other total, she wins the player’s money if she has a higher total. If she has a lower total, the player wins. Ties result in a push—the player gets his bet back but no additional winnings.
Handling the Action at the Table
How you handle the cards and signal the dealer vary according to whether or not you’re playing in a game with a shoe. In single deck games, the dealer holds the deck in her hands. You receive both your cards face down and hold them in your hand. In multiple deck games, the dealer keeps the cards in a shoe. You receive both your cards face up, and you’re not allowed to touch them.
You can always just tell the dealer what you’re going to do. If you want to take an additional card, say, “I hit” or “hit me”. If you want to stand, say, “I stand”.
But if you want to look like a seasoned player, learn how to communicate your preference via hand signals. These vary according to whether or not you’re holding the cards in your hand.
In a single deck game where you get to hold the cards in your hand, you signal a hit by scraping the cards gently on the table. To stand, you place the cards underneath your chips.
In a multiple deck game, where the cards are face up in front of you, you signal a hit by pointing at your hand with your finger. To stand, you wave your hand, palm down, over the cards.
You’ll probably have more fun by incorporating the hand gestures into your game. This is one of the aspects of the game that often gets lost in online explanations, because you don’t use hand gestures or words to play your hand on the Internet. You just click on buttons labeled “hit”, “stand”, etc.
Example Blackjack Hands
Below we’ve included several examples of how various blackjack hands might play out. We’ve included several because we wanted to demonstrate how the various rules work in play.
A Player Takes Insurance
A player bets $50 on a hand of blackjack. The player gets a jack and a deuce for a total of 12. The dealer has an ace showing face up.
The player decides to take insurance. He posts another $50. The dealer checks her hole card, and sure enough, she has a 10 in the hole, so the player wins $50 on the insurance bet, but he still loses his initial $50 bet. Any other players at the table also lose their bet unless they have a total of 21, in which case they tie the dealer for a push.
A Player Surrenders
A player bets $50 on a hand of blackjack. The player gets a ten and a six for a total of 16. The dealer has a 10 showing face up.
The player decides to surrender. The dealer takes $25 from the player and the hand is over for that player.
In this case, surrender makes sense, because the player faces a higher than 50% chance of losing with a total of 16 regardless of his move. He figures he’s better off with a 100% chance of losing half his bet than a 54% chance of losing his entire bet.
A Player Splits
A player bets $100 on a hand of blackjack. He gets two aces. He splits his hand, so he puts up an additional $100, and now he has two hands going, with $100 wagered on each hand.
On hand #1, he gets dealt a ten for his additional card, so he wins $150 on that hand.
On hand #2, he gets dealt a nine for his additional card. The dealer winds up with an 18 at the showdown, so the player, with a total of 19, wins even money on this hand: $100.
A Player Doubles Down
A player bets $100 on a hand of blackjack, and he’s dealt a nine and a two for a total of 11. The dealer’s showing a six.
The player announces, “Double down” and adds another $100 to his bet.
He is dealt a ten, for a total of 21. The dealer busts, so the player gets a payoff of $200.
A Player Hits
A player bets $100 on a hand of blackjack, and he’s dealt a nine and a seven for a total of 16.
The dealer has a nine showing as her up card.
The player hits and gets a five. His total is now 21. He stands on this total.
The dealer flips over her hole card to show a ten. Since she has to stand on all totals of 18 or higher, she loses, and the player wins $100.
A Player Stands
A player bets $100 on a hand of blackjack, and he’s dealt a nine and a seven. He has a total of 16. The dealer has a five showing.
The player stands. The dealer flips over hole card and shows a ten, so she has a total of 15. She hits and gets another ten, making her total 25. She busts, and the player wins.
Soft Hands versus Hard Hands
We mentioned the difference between soft hands and hard hands earlier. It’s important to recognize the difference between these hands, because your decisions for how to play these hands will differ based on whether you have a hard total or a soft total.
Remember this:
You always have a hard total if you have no ace in your hand.
You sometimes have a soft total if you have an ace in your hand, but not always.
A soft hand becomes a hard hand when the ace has to be counted as 1 in order to avoid going bust.
Generally speaking, you’ll play soft hands more aggressively than the same value hard hand.
The basic strategy page on this site provides more details about how to play hard hands versus soft hands.
Some Final Advice
Blackjack is one of the easiest and most straightforward casino card games available. It’s also a lot of fun and offers some of the best odds in any casino. Learning how to play is just a matter of studying the rules and maybe playing a few practice hands at home.
We recommend playing some of the free games online to get a feel for how everything works. You can also play with some friends at the kitchen table. If you learn the proper hand signals for the different decisions, you can look like an old pro at the casino in no time.
Recommended Reading
Your next step after learning the rules is to memorize basic strategy. Please read our introduction to basic blackjack strategy to find out how to do this.
What is the difference between investing and speculation. It’s an easy mistake because not enough people think it through, and the terms are used interchangeably in our culture.This information may be just enough to help predict future behavior.Taylor went even further, identifying a distinction between gambling, speculation, and investment.
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199 Views · Answer requested by Jack Smith Related Questions More Answers Below What's the difference between a gamble and speculation?
Is there any difference between betting and gambling?
If the odds are favorable, the player is more likely to 'call' the bet.
However, venture funds typically yield higher returns than stocks because a small percentage of the firm's investments are home runs, more than making up for complete losses on other investments.
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Poker is the exception, because you just need to beat other players and overcome the ‘rake’, to show profit.
From above chart it is very clear that investor and speculators have different approaches towards different asset classes like equity, bonds etc.While speculators generally rely on the flow of the wind without analysing any fundamentals.
Also, some people invest more aggressively than they should, which is virtually identical to gamblers who bet more money than they can afford to lose.
It is a legally permissible activity because it is a valuable economic service.
Gambling may be a lot more exciting than long-term investing, but only one provides the positive returns you’ll need to help you meet your financial goals.
Options are generally classified as investing rather than gambling, and rightly so, but they do not represent ownership of anything tangible.This article originally appeared on Small Cap Asia’s blog.
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Investing is a continuous process of deployment of capital in search of continually increasing net worth.However, venture funds typically yield higher returns than stocks because a small percentage of the firm's investments are home runs, more than making up for complete losses on other investments.
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Schwab Alliance » Login to view your Schwab account and add or update your e-delivery preferences.By speculating, you may be able to raise your chances of earning bigger profits.
An Individual who invests with proper fundamental analysis for longer period of duration can be defined as investor.
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Undo Mark Duffy , I have been playing poker difference between hard and soft 17 in blackjack and blackjack how many levels does zynga poker have over than 5 years.But when you start wagering on — well, on stock index futures, I think that gambling instincts are very strong in humans. Batavia Casino Rochester Ny It's best treated as pure entertainment, and the average loss should be considered the cost of that entertainment.
People often compare stocks to gambling, but how close are they really?
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Blackjack, also known as twenty-one, is a comparing card game between usually several Otherwise, the hand is 'hard'. For example, they might mention “placing their bets” on particular stocks, bonds, mutual funds, “letting it ride” or even “doubling down” to increase their exposure to a certain investment. Slots Spelen Online
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Gamblers must also carefully weigh the amount of capital they want to put 'in play.' Pot odds are a way of assessing your risk capital versus your risk reward: Related Articles: Twin Peaks Poker Run
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Many speculators lose, but many win.* knowing that some of those imply risk * but could bring benefits (*) In that sense of projection into the future and behaving accordingly, speculation is a trait that makes human beings differ from lettuces. Peppermill Reno Poker Room Review 24 Jul 2007 In this article we'll be looking at the difference between 'soft' and 'hard' Blackjack hands and the different strategies available to you for each.
Distinctions between an insurance contract and a wagering contract. If you have an A-5 it is 6 OR 16, right.No similar problem is generally thought to Free Casino Buffet Biloxi Ms exist in investing.
Similarly, investors who are making decisions based on emotions (especially greed and fear), rather than remaining emotionally detached difference between hard and soft 17 in blackjack and sticking with their strategy, bingo lone butte casino chandler az are to some extent gambling. There are similarities too The greatest similarity between investing and gambling is the assumption of risk, which is intrinsic to both. Please spread the word.
That said, it contributes nothing to the economy, and is controversial because many gamblers find it addictive and can't stop.
Written by Rob Fezekas, CFA Most investors instinctively know that investing and gambling are not the same thing.
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You can only improve the hand. That is why there are always highs and lows in the stock Investing generally involves putting the original investment at risk with the hope of higher returns than savings.
Gambling would work just as well as investing for financial event planning if gambling games were in your favor. How is a gambler different from a stock trader since both risk capital based on speculation? Black Jack Ver Pelicula Online
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What is the difference between gambling and trading? A CDS is a bilateral contract like any other swap, involving an exchange of cashflows between two parties, one of which is typically a market maker, usually a bank.
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If you invest with a very short horizon, without looking at fundamental aspects and have a very high return expectation then actually you are a Poker Sites for Mobile Phones speculator and not an investor. Based on the above characterizations, it is clear that the appropriate classification isn't wholly dependent on the activity, but also on the way in which the activity is conducted.
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In gambling, are you not committing money?The pot of sub-prime mortgages is and was fixed but it was and is possible for an unlimited number of trades to be created that are linked to the value of those mortgages.
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In stock investing, more is usually better The more you gamble, the more likely you are to lose more money because gambling gives you no chance to stop loses, and you don’t have the chance to revive your money once the odds are against you. What Are Hard and Soft Hands? Ukash Online Casinos Ask Related Questions What's the difference between hard and soft 17 in blackjack difference gambling rehab centers california between a gamble and speculation?
Investment v/s Speculation Basis Investment Speculation Time Horizon Long term – beyond 12 months Short term – holding assets from one day up to one year Risk Limited High Source of income Earnings of enterprise Change in market price Stability of income Very Stable Uncertain and Use of funds Own funds Own Funds , borrowed funds Type of contract Creditor Ownership Psychological attitude of participants Cautious and conservative Aggressive and daring 5.
Difference between insurance speculation and gambling“Gambling” and “Speculating,” Here’s The Difference By Matt Phillips Jun 3, 2010 2:29 pm ET Associated Press Wednesday’s theatrics between a somewhat-crankier-than-usual Warren Buffett and the Financial Crisis Inquiry Commission resulted in a decent share of memorable moments.
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While investing and gambling do share one major feature in common, namely risk , the similarities pretty much end there:
It feels right to call such behavior gambling
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Professional investors like Prudential conduct extensive analysis to determine whether they will receive the appropriate compensation for the amount of risk they assume when they invest, whereas gamblers often take on short-term risk which they mostly can’t afford. You May Also Like Buffett Invests Like a Girl?
Whereas in case if you adopt an approach of investor, you may make reasonable returns but relatively you are in much safer position. Whether this is a sufficient moral justification, I leave to others to consider, but it seems to have some substance.
The amount of money to call a bet compared to what is already in the pot. Investment can be defined as “The employment of funds to acquire certain assets after due diligence for mid to long period of time, with the objective of wealth creation and additional income in future” Speculative investment can be defined as “The employment of funds to acquire assets for shorter duration of time to take advantage of fluctuations in prices of underlying assets” However, Gambling can be defined as “The employment of funds for entertainment/fun with the chances of return depends upon probability of certain situation or events”. Roulette Three Number Bet
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What about venture capital investments, you say?
As a final example, there's a big difference between buying a government bond in order to collect the interest it earns and buying the same bond in the belief that interest rates are about to drop and the bond's value will skyrocket.
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Now identify yourself whether spring loaded mail slots you are Investor or Speculator?, from your difference between hard and soft 17 in blackjack approach towards investments. So, the gambling analogy is deeply flawed as applied to the art of true investing, but fortunately there is a much better analogy to help us understand why investing works, and one which also reveals the source of positive expected returns in financial markets. After the house has taken its share, it couldn’t care less how the rest of the money is redistributed among the players. Geant Casino Annemasse Lundi De Paques