In the standard form of progressive blackjack, the side bet involves a $ 1 bet in addition to your main bet. The paytable is based on receiving at least one ace or better. An ace pays $ 3, while other payouts include a pair of aces of the same suit, a pair of aces, 3 aces of the same suit, 3 aces of the same suit, 4 aces and 4 aces of the same color. So if you get 4 black aces or 4 red aces, you win the progressive jackpot.
Players should be warned that the house edge in this game tends to be outrageous. In the payout schedule mentioned above, the jackpot would need to be over $ 200,000 to be a flat money bet. The jackpot will not increase to that amount most of the time. At the lower ranges, the house edge is more than 40 percent, which is roughly the house edge when buying a lottery ticket. At the same time, spending $ 1 is only a small part of the overall house edge when you combine the main bet with the side bet. In that context, you receive the usual 0.50 percent house edge of blackjack along with the possibility of a jackpot paying five or six figures.
That makes progressive blackjack a favorite game for many players, who may not like the ground-up style of cheap blackjack. For example, if you bet $ 10 per hand on blackjack and only $ 1 on the side bet, a 40 percent house edge is more manageable in the 3-4 percent range. If the jackpot has reached $ 75,000 or more, then your expected return is in a respectable range. If you want to know what the expected return on the side bet is at any given time, start with 47 percent if the starting place is $ 25,000 and add an additional 2.6 percent for every $ 10,000 the pot has grown.
This should give you a rough estimate of where you are. The average jackpot in progressive blackjack has been said to be between $ 124,000 and $ 125,000. Those interested in knowing should note that roughly 28 percent of your side bet goes to building the jackpot, but your bet not only contributes to the current side bet, but the next one as well. Progressive blackjack is a form of blackjack with an additional bet that involves a progressive jackpot. Everyone knows that blackjack has great odds for players, but card players sometimes complain that blackjack is a tough style of play, because the payouts are 1 to 1 or 3 to 2, in the Best of cases.