Blackjack

This tool is a useful guide to help calculate the long-term cost of playing blackjack by breaking down how much you might spend over time.

This cost of play is determined by several factors:

• HOUSE ADVANTAGE – Understanding the cost breakdown will help players get a practical view of the long-term cost of gambling.
  *Note: The house edge for blackjack will range from 0.5% to 6.0% depending on the house rules and the player’s skill level.
• AMOUNT PER BET
  *Note: The amount bet can range from $1 to $100.
• SPEED OF PLAY – How fast a player gambles.
  *Note: The default speed on the calculator is set to the slowest speed of play. Most people play much faster than this.
• FREQUENCY OF PLAY– How often a player gambles. Assessing the cost of play isn’t fully possible in the short term, as results can vary widely due to the randomness of the game.

Breaking down the numbers to identify the cost of play over time will help players get a practical view of the long-term cost of gambling.

Assessing the cost of play isn’t fully possible in the short term, as results can vary widely due to the randomness of the game. Over a longer period however, the cost of play becomes more predictable.

The calculator shows the average amount per hour, per month, and per year that players will spend based on their pattern of play. This cost includes all wins and losses.

If you choose to gamble, here are some tips to minimize risk:

• Only gamble with money you can afford to lose.
• Never borrow money to gamble.
• Don’t try to win back what’s been lost.
• Set money and time limits and stick to them.