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Calculating blackjack odds requires simple maths. We will start by calculating the probability of losing blackjack 5 times in a row, using basic strategy and operating on the idea that you have a 49.1% chance of losing the hand. So, how you would calculate it is: 0.491 x 0.491 x 0.491 x 0.491 x 0.491= 0.028 = 2.8%.

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