The latter method involves placing bets before the hand is dealt, which allows making the best possible decision regarding the number of cards the player would like to receive. The player can play blackjack using two different methods – classic or modern. If the player busts (goes over 21), then he or she loses whatever they had bet plus half their wager. Rules differ slightly depending on whether or not the dealer stands on soft 17 (standard for the Vegas Strip Blackjack), soft 18, or hard 16. Blackjack is also known as twenty-one when played with a single deck.