Taking Insurance In Blackjack

A question I get asked quite frequently by casino players is whether they should take insurance in blackjack. It seems to be something that confuses a lot of people, even among those that fullyunderstand basic strategy and the role that math has to play in blackjack.

• If the dealer draws ace-up, you can 'take insurance' after the deal, before any hands are played. Bet up to half your original wager and win 2-to-1 if the dealer has blackjack. Six situations can occur when you 'hedge' a $10 bet with $5 insurance.
• When you take insurance, you are betting that the dealer is going to hit a blackjack (a hand that consists of a ten-value card and an ace after the initial deal). Insurance is offered to players each time the dealer draws an ace as their upcard with the presumption they can protect their hands against a potential dealer blackjack.
• Simply, taking insurance means betting that the dealer will have blackjack. In blackjack, when the dealer is showing an Ace and before they show their hole card, a side-bet called insurance becomes.
• When playing casino blackjack, players should understand that the insurance plan bet is decided round the special area of the table, which regularly will get the language “Insurance Pays 2:1”. Some card sharks are weary about using insurance since it offers the home a substantial advantage.

When I’m asked this question I usually just give a simple answer (no), but I sometimes feel inclined to expand on this and explain why. I recently did this with a player who asked the question,and for one reason or another he just couldn’t seem to accept what I was saying. He was absolutely convinced that the insurance bet is always the right way to go.

Do You Take Insurance In Blackjack

My initial reaction was to wonder why he asked me the question in the first place, as he was so sure he knew the correct answer himself. My second reaction was to think that I should write a blogpost about taking insurance in blackjack. So here it is! I’ll explain exactly what the insurance bet is for any of you who are not familiar with it, and then use some basic math to explain whyit’s a bad bet.

Why Never Take Insurance In Blackjack

Insurance in Blackjack, also known as a Side Bet Insurance is one of the many options offered to a blackjack player, but it is an option which is most often exercised incorrectly in live play. Insurance is a side bet which is considered independently of the main wager made by the player. All casinos offer insurance as a standard option.