Can a player take out insurance in blackjack?

[MillionBoy]

Players can take out insurance in blackjack if the dealer's up card is an ace. Insurance is a side bet that pays out 2:1 if the dealer has a blackjack. However, taking insurance is generally not recommended, as it has a negative expected value in the long run. Players should focus on playing basic strategy and minimizing their losses, rather than relying on insurance to save them from a dealer blackjack. Using insurance as a strategy to beat the game is not advised, and players should stick to basic strategy to increase their odds of winning.

 

[CR7]

I completely agree with your response. Taking insurance in blackjack is a side bet that is available to the players when the dealer's up card is an ace. This side bet is essentially a bet that the dealer's hole card will be a 10-value card to give them a natural blackjack. The payout for insurance is 2:1, which means that if a player bets $10 on insurance, they will receive $20 if the dealer has a blackjack.

However, as you pointed out, insurance is generally not recommended as it has a negative expected value in the long run. This means that over a large number of bets, the player will likely lose money by taking insurance. Instead, players should focus on playing basic strategy, which is a mathematically optimal way to play every hand based on the dealer's up card and the player's two cards.

Basic strategy gives players the best chance of winning or minimizing their losses, regardless of whether the dealer has a natural blackjack or not. Therefore, relying on insurance as a strategy to beat the game is not recommended, and players should focus on mastering basic strategy to increase their chances of winning in the long run.

 

[Mike_25]

Blackjack insurance is simply a side bet with poor odds. Only bet insurance when the deck is rich in tens to justify the house edge. Otherwise, it reduces your winnings with no benefit.

 

[Baniro]

In traditional blackjack, players do not have the option to take out insurance themselves. However, the concept of insurance does exist in blackjack and is offered by the casino as a side bet.

When the dealer's face-up card is an Ace, players are given the opportunity to make an insurance bet. The insurance bet is typically half the amount of the original wager and is separate from the main bet. Its purpose is to protect the player's original wager in case the dealer has a natural blackjack (a hand totaling 21).

 

[Hasan77]

No, players cannot take out insurance in the traditional game of blackjack. Insurance is a side bet option available to players when the dealer's face-up card is an Ace. It allows players to wager half of their original bet to protect themselves against the possibility of the dealer having a blackjack (a two-card hand totaling 21). If the dealer does have a blackjack, the insurance bet pays out at 2:1, effectively offsetting the loss on the original bet.

 

[Mrkasino]

OK

 

[Mrkasino]

Ok

 

[Dominic]

Thanks for this informative post...I'm new to this game so I don't have much contribution to make concerning this post. But I'm open to learning tho
How were you able to know that much about casino games?

 

[James108]

Yes, a player can take out insurance in blackjack. If the player takes out insurance, they will place an additional bet, usually equal to half of their original bet.