Blackjack Insurance: To Buy or Not To Buy

If you wonder whether you should buy insurance or not, you are not alone! A lot of blackjack players face this dilemma when it comes to buy insurance. Luckily, you will find enough information in this article that will help you decide whether you should go for it or not.

You can buy insurance when the dealer's up card is an Ace. The dealer offers you insurance before checking the "hole card." To buy insurance, you need to place an insurance bet equal to half your original bet. If the dealer comes up with a blackjack, you are paid 2 to 1 on your insurance bet. Otherwise, you lose your insurance bet. The game continues regardless of the outcome of the insurance bet and may end up in a win, lose, or draw for you. The following example will simplify the concept of insurance.

Let's say you place a $100 bet and are dealt a hand worth 17 points. The dealer shows an Ace and you go for insurance, which means you have placed another $50 insurance bet. All in all, you have wagered $150 on this game. If the dealer comes up with a blackjack, you win $100 ($50 x 2) on your insurance bet. You get $150 ($100 win + $50 insurance bet). But you lose your original bet since the dealer's blackjack beats your hand. So, you end up breaking even.

On the other hand, if the dealer does not come up with a blackjack, you lose your $50 insurance bet. The game will still continue and may end in a win, lose, or draw for you, and if it does, you will have a $50 net gain, $150 net loss, or $50 net loss, respectively.

You may begin to believe that insurance is a waste of money. Usually, it is. But, it won't be correct to say that insurance is a bad bet altogether. According to the blackjack experts, if you can count cards and get a "true count" of +3 or more, you can go for insurance since +3 indicates favorable circumstances for you.

But remember, blackjack card counting is an advanced technique and requires a lot of practice and focus. So, unless you can count cards perfectly, buying insurance is not a good choice and most blackjack experts suggest so.

Myself Andy, an author from a reliable and very secure online casino games offering
website - http://www.coolcat-casino.com , that offers upto 100+ free casino games and games for
real money. You also get huge bonuses on all the casino games.

Article Source: Blackjack Insurance: To Buy or Not To Buy