It considerably decreased the advantage of the house, so much so that it led to a significant drop in the profits Atlantic City casinos generated from their blackjack tables for the first five months of 1981 when early surrender was originally introduced.
This meant the players could forfeit their hand and get half of their wager back before the dealer had checked for a blackjack when starting with a ten-value card or an ace. Originally, when this play was introduced in the early 1980s in Atlantic City, casinos offered early surrender. This is the reason why it is advisable to always seek a casino that offers this option. It gives gamblers the chance to get some of their money back in cases when they are bound to lose. Gamblers can greatly benefit from this move when they know they are doomed to lose the hand. Players are done with that hand and do not play it. When gamblers surrender, they get half of their bet and the casino keeps the other half. Surrender is a term in blackjack whose meaning players can guess very easily.