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There are two reasons. First, blackjacks will appear more often when there is a higher proportion of aces in the deck, and as you know blackjack pays the player 3 to 2. Second, the dealer will bust more when he has a "stiff" (12 through 16). The player, given the same opportunity, would stand on stiffs, whereas the dealer is forced by the rules of the game to hit away and hopefully bust.
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