Blackjack Insurance

Blackjack is a fun game. It’s played all around the world and there are many variations, rules, and methods in this game. Let’s look at the one involving insurance.

The casino offers a lure for the new player, bait if you will, in the form of insurance. It is kind of like a safety net, like car or home owners insurance. When the dealer’s up card is an ace you have the option of taking insurance. Ask yourself this question, “What gambling establishment, whose very existence is designed to get money from you, would offer a way to safeguard you from losing money in their establishment?”

Here’s how insurance works. At the beginning of the hand when the first two cards are dealt, the player is offered insurance if the dealer’s up card is an ace. Those who take the bet are automatically losers in the long run because it only pays half of the original bet. The odds of getting that much are 2:1 against the player. If the player does not need the insurance the player loses the insurance bet, which is not really insurance in the since the real world understands insurance, but a very stupid side bet, also known as a sucker bet. Never take insurance in blackjack.

When it comes to insurance in blackjack just remember this old cliché: “There is no such thing as a sure thing.”