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This can be represented mathematically by the equation: Payout = (Bet x Payout Ratio) – Bet. In the case of a 3:2 payout ratio, the equation would be: Payout = (Bet x 3/2) – Bet. This means that if you bet R10, you will win R15 if you win the hand. Another type of bet you can make in blackjack is insurance.

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