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Surrender
The option to surrender was introduced
in 1958 by the Continental Casino in Manila. This gave
the player the option to throw in his hand after confirmation
that the dealer did not have a Blackjack. In such cases
the player would lose only half their stake providing
they were not bust (holding a hand with a higher value
than 21).
In 1978, the Resorts International in Atlantic City
twisted the option slightly by offering players the
opportunity to surrender before the dealer “peeked.”
The two versions became respectively known as “late”
surrender and “early” surrender. The “early”
option proved to be highly lucrative for knowledgeable
players and lasted only a short period before being
abolished. Late surrender remains a popular playing
option throughout the world, particularly in Las Vegas
and in online versions of Las Vegas Blackjack or Las
Vegas Downtown Blackjack.
Another variation is the option of “five-card
surrender”. If the player draws five (low valued)
cards with out going bust, they are permitted to relinquish
their hand and receive their original wager plus one
half of it. In such a case the player sacrifices a potential
full win for the guarantee of a half win.
If after viewing the dealers up-card as well as their
own, the player decides the odds are against them and
chooses to discontinue with their hand, many casinos
at this point will offer the late surrender option.
This insures the player will lose only half of their
original bet.
In single or double deck games that are dealt face
down, if the player throws down his two cards face-up,
he has expressed his intention to surrender. In a shoe
game consisting of more decks the player simply says
aloud, “I surrender”. As with all other
playing decisions in an online casino, the option of
surrender is selected by clicking a button when lit
to indicate that it is possible.
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