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EVEN MONEY

BLACKJACK TERMS DICTIONARY

 

 
   

EVEN MONEY

In the game of Blackjack, the term "even money" may be heard if a player at the table has a blackjack and the dealer has an ace showing and therefore "might" have a blackjack also.  In this case "even money" suggests that the player takes "insurance".  The way the mathematics works out with both a player and a dealer possible blackjack is that if the player takes insurance then the player will "win" - meaning in this case an even up win.  The player would forgo the 3 to 2 blackjack payoff and just take a normal win - but would be guaranteed a win - whether or not the dealer in fact has a blackjack.

 

 
   

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