What does LSR mean in Blackjack?

Answer 1

LSR in blackjack stands for "late surrender". If a blackjack table allows late surrendering, that means the player is allowed to give up half of his bet and keep half of his bet instead of playing out his hand. An example would be if you had a 16 versus a dealer's facecard showing. You are likely to lose the hand whether you hit or stand, so you might consider surrendering and getting half of your bet back. Unless you're counting cards, the only hands you should surrender are as follows: 16 versus dealer's 9, 10 or ace 15 versus dealer's 10 BlackjackClassroom.com has lists of casinos where late surrendering is offered.