What Does Insure The Bet Mean 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.

From one blackjack enthusiast to another, steer clear of insurance bets: it’s almost always a wasteful bet. We are going to explain to you what insurance bets really are, show you the odds behind the bet, and analyse a typical game of 21 to illustrate why it is a sucker’s bet. Insurance: If the dealer has an ace as their up card, each player will be offered insurance for half the price of their initial bet. If the dealer has a blackjack, the insurance bets pay off at 2-1 odds, meaning that players who have made the insurance bets will break even (since they still lose their initial bet).

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.

What Does Insure Bet Mean In Blackjack Winnings

What Does It Mean To Insure Bet 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.