One of the things that adds constant variety to the game of blackjack is the endless supply of side bets. Though I advise against playing any side bet, it is good to know what they are. Lucky Ladies is a popular side bet that can be found in many casinos, both on land and online.
With the Lucky Ladies side bet, you win if you draw a 20-point hand. That means any hand where the total adds up to 20 will win you something. How much you win depends on what specific cards you have.
There are a number of possible pay tables that you might see for Lucky Ladies blackjack. If you insist on playing this side bet, be sure you know what the pay table is. Here I will cover the most common pay table. In that pay table, any unsuited 20 pays out 4:1. A suited 20, meaning all cards in the hand are the same suit and add up to a total of 20, pays out 9:1. A matched 20, which is cards of the same rank and suit, pays out 19:1. If you have a pair of a Queen of hearts, the casino pays out 125:1. The biggest money is if you have a pair of Queen of hearts and the dealer has a blackjack. In that case, you win a payout of 1,000:1.
Those payouts sound pretty good, but remember that when it comes to casino games, the general rule is the higher the payout, the less likely the outcome is to happen. That rule applies here as well. With the pay table I described, the house edge ranges from 24.05% for an eight-deck game to 38.16% for a single-deck game.
When you compare that to the house edge for the regular game of blackjack, which can be reduced to 0.5% by using blackjack basic strategy, it is clear that this side bet is not a good deal. If you do play and get that 1,000 to 1 payout, though, you’ll be pretty happy. That is the appeal of side bets. You will most likely come out a loser, but there is that slim chance you could get a big payout.