What Is the House Edge in Blackjack With Basic Strategy?

An important question to ask when playing blackjack is what the house edge is. The house edge is the percentage of the bet that the casino retains.

It can be thought of as a player’s “profit” or “loss.”.

Theoretically, with perfect strategy, the house edge should be zero. However, in reality, casinos usually maintain a house edge of around 2 percent.

This means that for every 100 hands played, the casino will keep 22 chips (or $22) on average.

So, if you bet $10 on a hand of blackjack and play perfectly (i.e., no mistakes), you’ll lose $1.22 on average. However, if you make a mistake (e.g.

, hit on an Ace instead of a two), you’ll lose $2.72 on average. So, even with perfect strategy, it’s still worth playing blackjack at a casino if the house edge is less than 2 percent!.

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