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 EVEN MONEY BLACKJACK TERMS DICTIONARY 
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|   EVEN MONEY In the game of Blackjack, the term "even money" may be heard if a player at the table has a blackjack and the dealer has an ace showing and therefore "might" have a blackjack also. In this case "even money" suggests that the player takes "insurance". The way the mathematics works out with both a player and a dealer possible blackjack is that if the player takes insurance then the player will "win" - meaning in this case an even up win. The player would forgo the 3 to 2 blackjack payoff and just take a normal win - but would be guaranteed a win - whether or not the dealer in fact has a blackjack. 
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