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Splitting 8’s against a dealer 10, by the way, is also a slightly better play then surrendering. Suppose you are dealt a 10-6 and the dealer shows a 7 upcard. With a 2 upcard, the dealer has a 35% chance of busting and a 65% chance of making a 17 though 21.
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If it wins, the total return from that first leg is used as the stake for the second leg. If the second leg wins, the total return is used as the stake for the third leg. Now let’s look at if a bettor wagered $100 on each favorite individually. Their payouts would be $10, $4, $28.57, $16.66 and $23.80 respectively for a total of $83.03.
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