Blackjack Insurance

Blackjack Insurance
Blackjack Insurance

Comprehensive Guide on Blackjack Insurance

Currently, there are various types of insurance that you can buy, it can probably be car insurance, health insurance, property insurance, liability insurance, and travel insurance.

There are some insurance that you can even get on some of the gambling establishments.

The gambling insurance is the blackjack proposition that has become a very hot and crucial state of affairs. Only a few have the boldness to argue for this, but the experts in blackjack are with the recommendation that you should stay away from this.

How it works

Players on blackjack are always given an insurance anytime an Ace is being exposed by the dealers. This is a wager whose proposition is optional and it can be treated on a separate base. Any time you get insurance, what you are doing is that you are betting on the fact that your dealer has a card with value 10.

Two cards can be insured against the blackjack of the dealer as you try to bet up half of the wager made originally. There are some chips for the bets that are insured within the stripes that are semi-circular stripes that run on the tables saying that insurance pays 2 to 1. The moment you take insurance, the likelihood of things that can happen can be grouped into two.

When it happens that the dealer has a blackjack and you don’t have that, your original stake will be gone but the insurance bet can be won. With the fact that the dealer does not have a card with ten-value, the insurance bet will be lost.

Is taking insurance worth it?

Some players support the view that the insurance should be ensured going by the fact that you will lose your first bet if proper insurance is not put in place.

What the casino operators want you to believe is that they are doing you a favor by giving you the chance to make an insurance. Some dealers even go to the extent of especially advising the players. To be realistic about this, nothing is being insured. It does not correlate with the boosting of your original bets and odds, but then it can decrease the expected vale you have been waiting for a long time.

Let assume you are playing on a game that is of six-deck, the ten-valued card is ratio to be 216 to 96. What has just been done is that the reshuffling of the six-deck has taken place, the exposure of an Ace will be made in the first round.

With this, if your hand is insured for a dollar about 311 times, the loss that you are certain to incur is $215 because the hole card of the dealer will not have a ten-value 215 times. For the 96 times, the dealer can then have a ten-value card which can make you win $192.

The players are certain to be at a massive disadvantage going by the mathematical approach of (-$23?$311) *100 which is an indication that there is a house edge that nears 7.40%

Are there exceptions to the rule?

When you take your time to look deeply into the basic strategy, there is a strange phenomenon that you will notice. The ones that are correct plays for hitting, doubling, standing, surrendering, and splitting against the dealers.

The very reason behind this is quite simple, the basic strategy players are not meant to take to use the insurance going by the fact that it will later yield a negative result in the long run. The chances that players are going to win on this slot are quite slim. Although there is no rule without an exception, as there are techniques that supersedes the insurance rule.

There are card counter that tracks the value of the card ten that remain in the deck or shoe. With this they will be able to identify the situation as the insurance becomes a better expectations that they can place their bet on. Any time the non-ten value cards outnumber the ones that are with the ten-value card, a card-counter will most likely come up with the idea to insure their hands against a dealer.

The Blackjack Even-Money Payout

Anytime the players get a blackjack and an ace is being exposed by the dealer, and even money payout will be offered to the players. Players that are not that experienced can get confused and end up asking some other players for advice. They are not very sure whether they are to accept the even money payout. The dealer will always be with the recommendation that they should accept money as they are not to lose money in the round.

It is completely a bad idea and we will advise our people against it. The eve money payout can be said to be the same and there are few differences as well. This option is only possible when the dealer has an Ace and the player has a blackjack

The Even-Money Payout is Insurance in Disguise

One thing is that the even money and the insurance can be said to be the coin of the same size. Now let us look at some examples to know why. Let us take for instance that you insure blackjack for $10, and there are two blackjacks push making you ens up with $20.

Another scenario is that insurance is accepted, but then it turns out that some dealers do not have a natural. There is every possibility that you can lose the insured $10 and you can as well earn up to $30. This is going to be 1.5 of the $20 invested initially.

Another scenario that can happen is that you find yourself in a situation whereby the insurance is declined, but the dealers end up having a natural. Again the two blackjack be pushed and nothing will be gained or lost.

Lastly is the situation where you decline the ten-value and the dealer doesn’t have the ten-value card. In this kind of situation, the amount earned will be $30 as the net profit which is to the inclusion of your initial stake as $20. With this if you decide to get insurance on the blackjack, what is likely to happen is that you will be winning an even money, even though the dealer has a natural or not.

Soft Hard Count Rooms

Soft Hard Count Rooms

The Detailed Review on Soft Hard Count Rooms The casino always has soft and hard count rooms. Soft deal with paper and hard deal with coin. Any time a worker is performing the hard count, what they do is to … Read more

Random numbers

Random Number Generator with Online Blackjack

Emergence of Random Number Generator with Online Blackjack A review which presents information’s on Random Number Generator, mechanics behind its operation, application of RNG systems to other casino games, exclusive distinction with Pseudo-Random Number Generators & True Random Number Generator, … Read more


Double Deck Blackjack

OVERVIEW OF DOUBLE DECK BLACKJACK Double Deck Blackjack is another variant of the blackjack games. Read this review to know all the rules and payout scheme of this variant of blackjack. About Double Deck Blackjack Blackjack is a popular game … Read more


Blackjack Odds and Probabilities

OVERVIEW OF BLACKJACK ODDS AND PROBABILITY Blackjack is a deceptive game that employs the use of mathematical approach to determine the likelihood of winning or losing. This strategy was published in 1932 by Edward Thorp in a book called “Beat … Read more

Double Down Option

Double Down Option

Detailed Analysis on Double Down Option Many players that are not that experienced will start to wonder how possible it is for them to win on a blackjack when the chances of them winning in a fair game is approximated … Read more