Insurance in Blackjack
Insurance in Blackjack Insurance in blackjack is a side bet that wins if the dealer has a blackjack. It costs half the player’s original wager and pays two to one if it wins. This bet increases the house edge and is never a good idea for players. However, there are some situations where it is worth considering. READ MORE >>> Payouts When playing blackjack, you can make additional payouts by betting on insurance. The casino offers this bet in order to offset the loss of your initial bet if the dealer has blackjack. However, it is generally considered a sucker’s bet. Unless you are counting cards and have determined that the count shows more 10 point cards than lower ones, it is not a good idea to place an insurance bet. It has a negative expected value, which means that it will lose you money over time. It also increases the house edge, which is detrimental to your profits. This is one of the reasons that many experts recommend against taking insurance. Variations Blackjack rul...