🎰 Blackjack Insurance - Guide to Insurance & Taking the Bet

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Blackjack Insurance and Even Money - Should You Accept or Not
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Blackjack Insurance – A Bad Bet – Blackjack Life
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Blackjack Insurance – A Bad Bet – Blackjack Life
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Hi Frank, I was playing Las Vegas Strip blackjack on the computer for fun money.
Three times this happened with buying insurance.
One time I bought insurance with a jack and an eight while the house had an A and J, I won the bet.
How can that be?
The house had blackjack.
I don't get it.
Shouldn't have the casino won?
I understand the game but not that bit insurance bet blackjack buying insurance.
Thanks, Jaggy Dear Jaggy: The insurance bet is a separate bet that the dealer has a blackjack.
You put up insurance bet blackjack the amount of money of your regular bet and if you win you are paid 2-to-1.
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.
All the best in and out of the casinos!
Frank Scoblete This article is provided by the Network.
Kaplan is the network's managing editor.
If you would like to use this article on your website, please contactthe exclusive web syndication outlet for the Network.
To contact Frank, please e-mail him at.
Frank Scoblete is the 1 best selling gaming author in America.
His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Insurance bet blackjack Gow Poker!
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Frank's books are insurance bet blackjack at Amazon.
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His newest mit blackjack team are Insurance bet blackjack Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!
Frank and Casino City Times columnist Jerry "Stickman" teach private lessons in dice control.
Frank's books are available at Amazon.
Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565.
Frank can also be reached by email at fscobe optonline.
Warning: You must ensure you meet all age and other regulatory requirements before entering a Casino or placing a wager.
There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet.
YOU are responsible for determining if it is legal for YOU to play any particular games or place insurance bet blackjack particular wager.
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Blackjack Insurance by the Numbers
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Hi Frank, I was playing Las Vegas Strip blackjack on the computer for fun money.
Three times this happened with insurance bet blackjack insurance.
One time I bought insurance with a jack and an eight while the house had an A and J, I won the bet.
How can that be?
The house had blackjack.
I don't get it.
Shouldn't have the casino won?
I understand the game but not that bit with buying insurance.
Thanks, Jaggy Dear Jaggy: The insurance bet is a separate bet that the go here has a blackjack.
You put up half the amount of money insurance bet blackjack your regular bet and if you win you are paid 2-to-1.
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.
All the best in and out of the casinos!
Frank Scoblete This article is provided by the Network.
Kaplan article source the network's managing editor.
If you would like to use this article on your website, please contactthe exclusive web syndication outlet for the Network.
To contact Frank, please e-mail him at.
Frank Scoblete is the 1 best selling gaming author in America.
His insurance bet blackjack books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!
Frank and Casino City Times columnist Jerry "Stickman" teach insurance bet blackjack lessons in dice control.
Frank's books are available at Amazon.
Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565.
Frank can also be reached click at this page email at fscobe optonline.
His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Insurance bet blackjack and Pai Gow Poker!
Frank insurance bet blackjack Casino City Times columnist Jerry "Stickman" teach private lessons in dice control.
Frank's books are available at Amazon.
Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565.
Frank can also be reached by email at fscobe optonline.
Warning: You must ensure you meet all age and other regulatory requirements before entering a Casino or placing a wager.
There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet.
YOU are responsible for determining if it is legal for YOU to play any particular games or place any particular insurance bet blackjack />Copyright © 2002-2020 Casino City, Inc.

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Blackjack insurance. Learn when to use insurance option in blackjack. The idea of Insurance is that you are betting that the dealer will have a blackjack.


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How does blackjack's insurance bet work?
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Blackjack Insurance Bet
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One seemingly good bet to beginning blackjack players is taking insurance.
And a major reason why beginning players are fooled insurance bet blackjack flash game insurance is a good idea is because dealers ask players beforehand if they want insurance when the opportunity arises.
How Insurance Bets Insurance bet blackjack 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 2-1 on your insurance wager.
The dealer turns over his second insurance bet blackjack, 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 blackjack 1000 meant to protect their hand in the event that the dealer has a blackjack.
But the reality insurance bet blackjack that insurance is merely a wager on the dealer having a natural blackjack.
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Mathematics, formulas to calculate odds, probabilities of favorable blackjack insurance betting based on Ten-cards out, number of players at table.


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Blackjack insurance: Odds say it's almost always a bad bet
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Blackjack Insurance - A Good or Bad Bet? The House Edge ExplainedBlackJack Australia
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Russell Hunter Publishing Inc Insurance — By the Numbers I was playing blackjack with a friend of mine, Phil.
I was dealt a 20 and he had a 19.
I shook my head "no" and Phil accepted the bet.
Phil mentioned the insurance bet.
Insurance is only a good bet if you count cards and the deck favors the bet.
And, when you consider that you had a large bet out with a good hand, it seems to me that insurance is the way to go.
Before I tell you how I responded, let me tell you a little bit about the insurance bet in blackjack.
Insurance is a side bet offered by most casinos.
As with all side bets, it is a bet that heavily favors the house.
And, for a few card counters, it occasionally makes sense.
Experienced players know not to take insurance.
I turned the tables on Phil and asked him why he took it.
And, it especially makes sense to insure a good hand like a 19 or 20.
If she does, the bet pays 2 to 1.
It is only offered when the dealer shows an ace.
The casino allows you to bet up to one half of your original wager.
If the dealer has a 10, and therefore a blackjack, you win the insurance bet, but lose your regular bet.
The net is a break-even.
Whether insurance is a good bet or a bad bet has nothing to do with the value of your hand or the size of your bet.
It makes just as much sense to insure a 14 as it does a 20.
It has nothing to do with your hand.
Think about how the game goes when you take insurance.
If she has a 10, she turns over her hole card, revealing her blackjack, and pays your insurance bet.
In either case, your taking or not taking insurance has zero influence on the basic game.
Your hand pays out the same whether or not you took insurance.
Phil was starting to nod.
It helps to think of the insurance bet like homeowners insurance.
It just pays you or your beneficiary if the worst happens.
We know from strictly a statistical perspective that insurance is a bad bet.
With most insurance we insurance bet blackjack an affordable premium to avoid an unaffordable loss.
This is where blackjack differs from other insurance.
If your initial bet is an unaffordable loss, you have a bigger problem than worrying about taking insurance.
There is a psychological factor to consider.
But this is strictly psychological.
It really makes no difference to your net winnings.
In fact, taking insurance will reduce your net winnings.
And, I would argue that net winnings or net profits are the main consideration in every blackjack decision.
It seems to me that if I want to insure my good this web page, that it should be up to me.
If you did this 13 times, on the average you would win four of the bets and lose the other nine wagers.
The opportunity to make an insurance bet occurs on the average insurance bet blackjack every 13 hands.
At 80 hands an hour, this happens about six times an hour.
The player who only insures 19s and 20s will make about one insurance bet an hour.
This gets the cost down to 77 cents per hour.
But what about insuring a blackjack?
Insuring a blackjack insurance bet blackjack the same as taking even money for a blackjack.
The same analysis applies to this bet that applied to insuring other hands.
In all cases, it is a bad bet.
Furthermore, suppose that the calculation of tens remaining showed there were five tens out of every 13 cards remaining to be dealt.
Of course, you will first have to learn to count cards to benefit from this information, and then you will have to learn how to make lightning fast mental calculations to know when to take insurance Then you will have to find a situation where card counting can give you an edge.
Sadly, with multiple decks that are only dealt part way the rule in most casinos and the use of insurance bet blackjack shuffling machines, card counting opportunities are very limited.
Also, with online blackjack games, which are continuously shuffled, there are virtually no opportunities to count cards and ever profit from taking the insurance bet.
Phil kind of scrunched down in his chair.
Now let me buy the next round.
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Insurance in blackjack should be classified as a sucker bet. It is also classified as a side bet, available in most games of 21. It is offered when ...


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Blackjack Insurance and Even Money - Should You Accept or Not
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Blackjack insurance: Odds say it's almost always a bad bet
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Insurance, also known as a Side Bet, is a widespread feature popular among table game fans and Blackjack players in particular.
You are allowed to take advantage of it whenever dealer's face up card is an Ace.
In other words, you are betting that the dealer will insurance bet blackjack a Blackjack.
In case the dealer has a Blackjack indeed, you are paid 2-1 on your Side Bet.
If the dealer does not have a Blackjack, you lose your Insurance bet and continue the game with the regular hand you have been dealt.
If you play Blackjack online, you have to keep an eye for a pop up or a notification prompting you to confirm or deny the Insurance bet.
If the player says that they take even money, that means the player is forfeiting the 3-2 Blackjack bonus with the aim of making sure they will win their original wager back.
Basically, they put up the Insurance and if the dealer hits a Blackjack, they win on the Insurance.
If the dealer does not have a Blackjack, the player loses the amount of the Side Bet but gets a compensation when they are paid 3-2 for the Blackjack.
However, players should carefully consider the situation before taking an Insurance bet.
Although it seems like the best possible solution if the dealer has an Ace, taking advantage of Insurance might lead to considerable losses in a long term.
Basically, there are only four cards that make Blackjack for the dealer and nine that do not.
Yet, taking advantage of a Side Bet is recommended if you have placed a large bet or you are about to hit a target and you will achieve your goal by taking even money.
However, you have to think twice before including Insurance into your Blackjack strategy.
Let's presume that a 2 Deck Blackjack game has a house edge of 0.
The house edge varies depending on the number of decks played.
A one deck game means you will have to play against a house edge of 5.
A 4 in are worth much how blackjack cards game gives a house edge of 7.
A six deck game makes you play against a 7.
An eight deck shoe gives an Insurance bet house edge of 7.
In other words, the more decks in the shoe, the weaker your chances of turning a profit become.
Blackjack Insurance is defined as a bet on the odds of probability.
There is a one-third probability the second card of the dealer to be a 10.
The player loses the Side Bet in case the dealer does not have a Blackjack, but it has yet another chance to turn a profit as the original bet remains valid.
As mentioned above, most Blackjack variations offer Insurance bets, but it is not applicable to Super Fun 21.
There is no need to offer Insurance as the rules are liberal enough and players' Blackjack always beats dealer's.
However, it is important to know assured lowest blackjack minimums atlantic city can unlike most Blackjack games Super Fun Blackjack pays even money.
How Side Bets Work The Insurance bet blackjack game begins when all players place their bets.
In order to place a bet, you have to put the chips you would like to wager into the specified square or circle.
The dealer deals the cards from the shoe when all players have placed learn more here bets and each player is dealt two cards.
Touching your cards is prohibited, otherwise you might be considered a cheater.
One of dealer's cards is face down unless you play the Double Exposure variation.
If the dealer's card that is face up is an Ace, you are provided with the opportunity to take Insurance bet.
The Side Bet must be placed as soon as you got your two cards.
Basically, the Side Bet means you are betting the dealer will have a Blackjack and dealer's Hole card will be a 10.
Insurance is an additional bet, so you do not have to necessarily accept it.
Then, the dealer turns the hole card and in case of a Blackjack, you are paid 2:1.
The Side Bet is not related to your original wager.
You can win the Side Bet and win the original or vice versa.
You can also lose both, but in most cases, it is not possible to win both.
The only chance to win both bets is to play a Blackjack variation where players win Blackjack ties.
The dealer turns the second card face up and it is a King, which therefore gives him Blackjack.
Up to now, the Insurance does not look like a bad decision, right?
However, there is another side of the coin.
Let's presume that dealer's Hole card did not give him a Blackjack.
How to Take Insurance You are allowed to take Insurance only if the dealer has asked you as to whether you would like to place a Side Bet.
Each of the players on the table will be individually asked whether they would like to take Insurance.
If you decide to take advantage of that option, you have to place the respective number of chips at the designated area on the table.
If you play Blackjack online and dealer's face card is an ace, a pop-up window with the word Insurance will be displayed on your screen and you will be prompted to take or decline the Insurance.
Pros and Cons of Taking Insurance bet blackjack No matter whether you play online or you prefer to visit land-based casinos, you must have noticed that the Insurance is an available option in most Blackjack games.
The main reason for that is many players prefer to take Insurance, but according to experienced players taking Insurance is a bad bet in most cases.
As mentioned above, taking Insurance can pose a threat to the condition of your bankroll, so if you insurance bet blackjack unwilling to examine the scenarios when Insurance would be beneficial, you'd better refrain yourself from taking it.
Nevertheless, it seems the Insurance bet can be useful to card counters as they are believed to have a better idea as to when taking advantage of an Insurance bet would lead to the desired profits.
If you are a card counter who keeps track of the cards that remain in the deck and you are offered an Insurance, you should be aware as to whether there are any 10s left in the deck.
If there aren't any, you would not take Insurance, right?
There is no chance for the dealer to have a Blackjack.
However, if there are only 10s left in the deck, dealer's hand invariably beats yours.
If you are not a card counter, then, you should dedicate some time to learn and apply an effective strategy for taking Insurance.
If you are not prepared to effectively apply the Insurance bet, the most sensible solution is to avoid using it.
At a first glance Insurance seems a reasonable strategy aimed at protecting your funds.
As a matter of fact, it does not insure anything.
You just place a bet as to whether the dealer will have a Blackjack or not.
According to various statistics, taking Insurance is rarely beneficial to the player and over time losses cannot be compensated.
Although all Blackjack experts are convinced that taking Insurance is not the best solution, there are some cases when you might want to make sure your own Blackjack would have a positive return.
If both you and the dealer have Blackjack, this is known as a push.
The hand ends a tie and you are not paid for your Blackjack.
In this case, if you have taken Insurance, you will not get any money for the Blackjack, but you will get paid 2:1 on your Insurance bet.
If the dealer does not have a Blackjack, you will not get paid on your Insurance, but you will accumulate winnings for your Blackjack.
In this case, there are two possible outcomes.
If you do not take Insurance and you and the dealer both have Blackjack, the hand ends a tie and nether of you win.
Although the first scenario seems more appealing, the majority of experts recommend avoiding Insurance bets unless the specific situation requires it.
If you play Blackjack with a standard 52-card deck, you have three face up cards dealer's face up card and both cards dealt to player.
Let's assume dealer's face up card is an Ace and you have a total of 49 cards turned face down.
As many as 15 of them have a value of 10 if the player has not been dealt a 10-value card34 of them have a value that is not 10.
Statistically, there is a 70% probability that the dealer will not have a Blackjack.
This makes a total of 49 units.
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Blackjack Insurance – A Bad Bet – Blackjack Life
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You've been dealt your cards. Now what? You've got to make a decision. Should you take insurance, another card, double your bet, split a pair or just stand?


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How does blackjack's insurance bet work?
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Blackjack Insurance
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insurance bet blackjack

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Insurance in blackjack should be classified as a sucker bet. It is also classified as a side bet, available in most games of 21. It is offered when ...


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Blackjack Insurance - A Good or Bad Bet? The House Edge ExplainedBlackJack Australia
Valid for casinos
Insurance in Blackjack, also known as a Side Bet
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insurance bet blackjack