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Blackjack Blackjack insurance

Chandeler

New Member
Messages
24
What is and when should you buy insurance in Blackjack? I've seen people do this before at the table, but I just don't understand when it is a good time to use it. Most of the people I've seen play this bet never end up winning. Is this even a good bet to make?
 

shaqque

Member
Messages
53
Well, we may call this a kind of bet on the odds of probability. It is basically a side bet and happens when the dealer's face-up is an ace. In this case, a player has an option of 'taking insurance' so to speak, before the dealer checks the card in the hole.

I have heard people say that this bet (as is with all side-bets) highly favors the house and so most experienced players do not like using it (leaving it mostly to the novices and the faint-hearted).
 

edmond

New Member
Messages
77
Players tend to avoid this kind of bet because as shaqque has mentioned, such bets tend to be in favor of the house rather than the player. I haven't heard any of my friends use it but I cannot quickly say that it is unpopular.
 

BJPenn

New Member
Messages
19
Going with insurance is really just a judgement call and really depends on how you feel the night is going. It can make sense when done once or twice, but over the course of a night's betting it's often better to just take the risk and go without insurance. Though the higher your hand the better your chances.
 

Breeze

New Member
Messages
3
I once saw a player with a blackjack also took an insurance. By taking the maximum insurance, they got a winning amount equal to the main wager. It happened regardless of the dealer's outcome and the player got paid out immediately. That's an interesting new approach to the 'insurance' system.
 

Stealth

Member
Messages
150
Insurance is a very bad bet unless you are counting cards and have deck composition information. Counters take insurance at a True Count of +3 and higher. This indicates that the deck is rich in high cards enough that the probability of the dealer having a blackjack is much higher than him not having a blackjack. It is a strong advantage play partially because the AP bet amount at risk will likely be high at this True Count so there is a lot of money in play. And it is an awful play for amateurs.
 
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