How does insurance blackjack work
If the dealer does have Blackjack, you receive on your insurance bet. You are essentially winning your initial bet back when the dealer has Blackjack, for a net of 0 dollars on the hand and the insurance bet. If the dealer does not have Blackjack, you lose your insurance bet and continue on with the hand. Sep 05, · The insurance bet is a separate bet that the dealer has a blackjack. You put up half the amount of money of your regular bet and if you win you are paid 2-to So you win your insurance bet but you also lose your regular bet to the dealer's blackjack. Thus, in that round you break even. You win, yes, and you lose. The insurance bet is a bad bet. Insurance is a side-bet that dealers offer to players whenever they have an ace showing. The idea behind insurance is to protect your bet just in case the dealer has a blackjack. How Does Insurance in Blackjack Work? When a dealer has an ace showing they’ll ask you if you want insurance. This is before they check for a (natural) If you.
How Does Insurance Blackjack Work
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Blackjack Insurance – A Bad Bet
One seemingly good bet to beginning blackjack players is taking insurance. And a major reason why beginning players are fooled into thinking insurance is a good idea is because dealers ask players beforehand if they want insurance when the opportunity arises. The opportunity for insurance wagers arise when the dealer draws a face-up ace; at this point, the dealer will go around the table and ask everybody if they want to take insurance.
The insurance is in case the dealer receives a blackjack, and you put out half of your original bet as the insurance. Assuming the dealer does have a blackjack, you win on your insurance wager. The dealer turns over his second card, which is a king, thus giving him a blackjack. And the first thing you have to understand with this concept is exactly what insurance entails. Most players mistakenly assume that insurance is meant to protect their hand in the event that the dealer has a blackjack.
But the reality is that insurance is merely a wager on the dealer having a natural blackjack. You must be logged in to post a comment. Skip to content One seemingly good bet to beginning blackjack players is taking insurance. How Insurance Bets Work The opportunity for insurance wagers arise when the dealer draws a face-up ace; at this point, the dealer will go around the table and ask everybody if they want to take insurance.
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You probably know this already, but when you have a two-card 21 in blackjack, it is the best hand you can have. In cases like that, it is a tie. The same thing can happen when the dealer has a ten-value card showing a 10, Jack, Queen or King because an Ace underneath will also create a two-card This decision comes before the dealer plays out the rest of the hand, or peeks underneath.
An amount equal to one-half of your original bet is placed in front of the hand you are playing. After that is done, the hole card is checked. The insurance bet pays off at 2-to-1 odds, which means that you break even on the hand. If the dealer checks and there is not a card underneath that completes a two-card 21, you will LOSE the insurance bet and both sides will play out the rest of the hand as normal.
Is insurance a beneficial option for the player to use? Well, that is indeed a good question. On the surface it would seem so, as the disappointment of getting stopped before you even get started is mitigated a bit. However, you should take note that the odds against winning an insurance bet are 2.
The Insurance Rule in Blackjack You probably know this already, but when you have a two-card 21 in blackjack, it is the best hand you can have. Play Bovegas Casino. Play Cafe Casino. Play Irish luck Casino. Play Old Havana. Play All Star Slots.
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