Blackjack 2:1 Payouts Guide
In a standard Blackjack game, every time you beat the dealer, you bag a 1:1 payout, whilst winning with natural blackjack nets you a 3:2 payout. But some casinos and games go further with a 2 to 1 blackjack payout.
To find these 2:1 returns, you need to know where to look at what types of bets you need to place. That’s where we come in, we’ve compiled all the information you need to seek out these epic blackjack 2 to 1 payouts.
What Does a 2:1 Payout Mean in Blackjack?
Blackjack returns are usually expressed as a ratio where the first number tells you how much you win for a bet the size of the number on the right. So a standard 1:1 payout would yield a return of £1 for every £1 you bet. On top of that, you get your original stake returned if you win, so a £1 bet would actually return you £2.
For 3:2 payouts, you’d win £3 for every £2 bet, giving you a total payout of £5. For ease of comparison, a £1 bet at this ratio would return £1.50 of winnings plus your £1 stake.
2:1, on the other hand, means you win £2 for every £1 wagered, with £3 returned in total.
When Can You Get a 2:1 Payout in Blackjack?
You won’t find this generous return everywhere. It’s much less common than the standard payouts of 1:1 and 3:2. You’re most likely to find a blackjack payout of 2 to 1 on side bets, promotions, and for special house rules.
These different circumstances can make the 2:1 payout more or less attractive; the odds of winning in a standard blackjack bet is greater than most side bets. Therefore, it’s not just knowing where you can find a 2:1 blackjack payout, but also where the best ones are.
How Does a 2:1 Payout Compare to Other Blackjack Payouts?
2:1 is, naturally, more favourable than 3:2 or 1:1 because it means you get more in winnings for every £1 you bet. However, this bigger return comes at a cost of lower odds.
For example, your odds of winning any standard blackjack hand is 42%. However, in an insurance side bet (the most common form of 2:1 payouts in the game), your odds of winning drop to 31.5%.
This is why, when following basic or perfect blackjack strategy, players are advised against ever taking the insurance bet.
2:1 Payouts and the House Edge
In the standard game of blackjack, the house edge is variable. The better you play, the more favourable the game becomes. If you can follow the perfect blackjack strategy, you can get the house edge to around 0.5%, making it one of the most favourable games in a casino.
If you can find 2:1 payouts offered on a standard blackjack game, this would turn the house edge negative, making it profitable for the player. This is why such scenarios are reserved for special promotions and usually come with limitations on the size and quantity of bets you can place.
In contrast, 2:1 payouts will increase the house edge for side bets like insurance, making it a less favourable wager than the standard 1:1 or 3:2 payouts.
Which Blackjack Variants Offer 2:1 Payouts?
You can find 2:1 payouts offered on many epic BetMGM UK blackjack games, including on popular versions like Exclusive Blackjack and Super Boost Blackjack. These games offer this higher 2:1 return on insurance side bets whenever the dealer has an ace up card.