What Is Insurance Mean In Blackjack, ruidoso casino resort, roulette records mafia, poker offline para galaxy y. In Blackjack, the dealer will always offer you Insurance when her up card is an Ace, since that is the strongest possible hand against you: a 21 if the dealer’s next card is a 10. Insurance means that you switch strategy and take a 2-to-1 bet that the dealer will win with a Blackjack against you.

There are many interesting strategies available for players with online blackjack, one of those being insurance. Insurance allows players to double their money if the dealer hits jackpot which usually leads to a complete loss for all players. This can only be achieved if the dealer's exposed card is an ace. When insurance is taken, the player can win 2:1, which is a good way to still collect even when dealt a poor hand. There are many strategies in blackjack for players to win big with but insurance is one that many players implement when available.

This is still a risk, as it is possible for the dealer to not hit blackjack. This would mean the player loses the bet. If the player has a lower hand then the dealer and the dealer doesn’t hit blackjack, the player would have lost twice. Players should be aware that all strategies in blackjack is a form of risk/reward and there are no sure things or guaranteed wins. Insurance is another way to play to win big in blackjack and is available in online blackjack games as well.

What Does Taking Insurance Mean In Blackjack

What Is The Insurance Bet in Blackjack?

Insurance in blackjack is a strategy available to players only when the dealer's exposed card is an ace. With this option, players can make a side bet that the dealer will hit blackjack and if the dealer does, then the player doubles their bet. This is a strategy many players take advantage of when they feel they are dealt a bad hand and are confident that the dealer is going to hit jackpot.

When Should I Take Insurance In Blackjack?

If you feel like you have a bad hand and the dealer's exposed card is an ace, then you should implement an insurance. That way the player can still win in the round where the dealer has blackjack. This is a risk, however, so be aware that taking insurance is no guarantee for a win. They pay from insurance is 2:1 so it is a good way to double your bet if the dealer hits blackjack.

Is It Worth It To Take Insurance In Blackjack?

It depends. If you truly believe the dealer will hit blackjack or are feeling lucky, then yes. If not, then it is a bad bet. It is all risk/reward like any other aspect of blackjack and players should go into every situation understanding that. Blackjack is a game of chance as a concept therefore if placing a side bet with insurance is worth it is up to the player.

Insurance Payouts In Blackjack

In legal blackjack, insurance pays the player 2:1 (the player receives two dollars for every one dollar bet). In other words, insurance doubles your bet if you are right. The goal of insurance is to make money if the dealer hits blackjack, where I other situations that would mean a loss for all players. The pay in insurance is a major incentive however, so many players take insurance when the opportunity arises.

Blackjack Insurance: Is it a Sucker Bet?

What Does Insurance Mean In Blackjack

Question from a Player: My problem is that I have this feeling that I’m taking insurance far too often. I lose this bet a lot, even though I only take insurance when my true count is +3 or more. (I’m playing mostly in six-deck games in Mississippi and Louisiana.)
On my last trip, I put in 19 hours at the tables over a three day period. I kept track of all my insurance bets. I took insurance 14 times, won 5 times and lost 9 times. I realize this is a very short test from the statistical point of view (I’ve been reading your column for years!), but my experience on all of my trips is similar to this. I lose the insurance bet way more than I win it. This is just the one trip where I kept track of my results.
What’s worse, when I win the bet, I don’t really win anything, I just break even on my hand. Winning is actually more like pushing. When I lose the insurance bet, however, I not only lose the insurance, but I still have to play the hand against a dealer ace, which also often loses. I’m starting to think this insurance bet is just a sucker bet for card counters.

Blackjack Insurance: A Side Bet, Nothing More

Answer: Many players are confused about the way insurance works because, in casino jargon, you are “insuring your hand.” Insurance is a side bet, and has nothing to do with the results of your blackjack hand.You are simply betting that the dealer has a ten in the hole. If he does, you win 2-to-1. It is not a “push” for your hand.
For example, you have a $100 bet on the table. You have a 16 vs. a dealer ace. Let’s say the insurance bet does not exist. The dealer peeks at his hole card, flips over a ten, and you lose your $100.
Now, assume insurance is offered. You have a true count of +5, so you put out $50 for insurance. Now, when the dealer flips over his ten, he pays your $50 insurance bet at 2-to-1 ($100), but you still lose your hand, so you break even.
Since, without the insurance bet, you would have been minus $100, this $50 bet gained you $100.
The actual result on your blackjack hand will be exactly the same regardless of whether or not you take insurance. If, for example, the dealer has a blackjack, you lose; if not, then you have to play out your hand vs. whatever he does have.
Also, your analysis of your blackjack insurance results indicates that you did pretty close to what you would expect as a card counter. For the sake of simplicity, let’s say all of your insurance bets were $50 each. Since you lost 9 times, this is a $450 loss; since you won 5 times (at 2-to-1), this is a $500 win. So, you’re $50 ahead of where you would have been had you never taken insurance.

Technically, your fourteen $50 insurance bets would total $700 in action. A $50 win total on $700 action would mean that insurance has paid you at the rate of 6.67% — which is more likely a positive fluctuation in your favor than a negative one.
Remember, if you win your insurance bet just half as often as you lose it, you break even. So, it will always seem like you lose this bet more than you win it, even when you are making money on it. ♠

When To Take Insurance Blackjack

For more card counting and blackjack analysis, see the Professional Gambling Library.
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