FalCoN Posted:

What is ‘Surrender’?

‘Insurance’ would be interesting because Gamble-Bot 5000 is ****ing lame.

WARNING: TL;DR

SOURCE: Http://www.gambleversity.co

Lesson 1: What Is Surrender?

“Surrender” is a lesser-known play option in blackjack, which is not offered in every game. Surrender allows a player to fold their hand at the cost of half the original bet. If you originally bet $10, a surrender would cost you $5 out of that $10. The decision to surrender must be made prior to any other action. Once you draw, split or double down then surrender is no longer available as an option. There are two types of surrender, early and late. The difference between the types is only in the way that a dealer blackjack is handled. In an early surrender, a player may choose to surrender before the dealer checks his hand for a blackjack. The early surrender is rarely offered because is can give the player a nice advantage. In the late surrender, the dealer first checks for blackjack. Surrender is only then available if the dealer does not have a blackjack. Learning to use the surrender option can be very valuable in the right situation.