Surrender
In blackjack, to give up half your bet for the privilege of not playing out a hand. In roulette, you effectively lose only half on an even-money bet when the ball lands on 0.
In the context of casino gambling, particularly in the game of blackjack, "surrender" refers to a specific option available to players. When a player chooses to surrender, they forfeit their hand and receive back half of their original bet. This option is typically available after the player has seen their initial two cards and the dealer's upcard.
There are two types of surrender:
Early Surrender: This allows players to surrender before the dealer checks for blackjack. This option is less common and is generally more favorable to the player.
Late Surrender: This option is available after the dealer checks for blackjack. If the dealer has a blackjack, players cannot surrender; they lose their entire bet.
Surrendering can be a strategic move when a player's hand is likely to lose against the dealer's hand, allowing them to minimize their losses.
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