Blackjack is a game of chance but it also has a lot of skill and strategy involved. Players must understand the rules and the different terms in order to play successfully. Failing to know these terms will hinder your ability to effectively communicate with other players and make informed decisions at the table.

When playing blackjack, the goal is to get a total value of your cards that is higher than the dealer’s without going over 21. This is accomplished by hitting (asking for another card) and standing (not asking for any more cards).

Whether to hit or stand depends on the value of your hand and what cards the dealer has in front of him. A good time to hit is when your initial two cards have a value of 11 or less. This will give you the best chance of improving your hand and giving yourself a better shot at beating the dealer’s hand.

It is generally a good idea to stand when you have a hard 17 or higher in your hand. This will give you a good chance of making a strong hand that beats the dealer’s and will improve your chances of winning more hands overall. It is important to be consistent with your betting, as it will help you keep track of how much money you are winning or losing. This will give you the opportunity to manage your bankroll more effectively and avoid emotional decisions that could lead to big losses or big wins.

The player can choose to double down after receiving their initial two cards if they are confident that they will beat the dealer’s hand. This is done by doubling your original bet and receiving one more card in your hand. This will increase your payout if you win the hand, as it pays 3 to 2 compared to the standard 1:1 payout for blackjack.

Insurance is a side bet that the player can place when the dealer shows an ace. It is a wager that the dealer has blackjack and pays out even money on the original bet if they do. It is not recommended to take insurance, as it will lower your payout and increase the house edge.

There are many secondary bets that can increase your payoff and odds of winning in blackjack. A popular choice is doubling down. This is done when you are confident that your initial two cards will beat the dealer’s hand and can be increased by as much as 2 times your original bet. However, you must remember that the more you double down, the more you will lose if you do not receive a blackjack. It is also a good idea to have a “win limit” at which point you will stop playing, as this will prevent compulsive gambling. You should never bet more than one to two percent of your total bankroll per hand. This will reduce the risk of losing your entire bankroll quickly and give you a much better chance of being successful.