What Is Buying Insurance 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.

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 Is Buying Insurance In Blackjack Without

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.

Blackjack Insurance Bet

Insurance in Blackjack, also known as a Side Bet. Insurance is one of the many options offered to a blackjack player, but it is an option which is most often exercised incorrectly in live play. Insurance is a side bet which is considered independently of the main wager made by the player. All casinos offer insurance as a standard option. The profit margin on blackjack tables is often very low. Casinos try to gain advantage over the players by offering insurance, which gives them the upper hand. The chances of two players holding blackjack at the same time are over 1666/1. Many casinos will allow blackjack. What Is Blackjack Insurance and Know About It Many insurance forms can also be bought – life insurance, insurance for cars, travel insurance, insurance, home insurance and liability insurance. Whenever you are on one of their blackjack tables, you can even buy insurance in casino institutions. The latter is a form of blackjack proposition bet that for decades has been fiercely debated.