When is the best time to take insurance?

Datweirdo

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In blackjack, taking insurance is generally not recommended for most players due to its high house edge. However, if you have a strong understanding of card counting and can determine that a significant number of ten-value cards remain in the deck, it could be strategically advantageous to take insurance. In such situations, the potential payout from winning the insurance bet may outweigh the risks, especially if you believe the dealer is likely to have a blackjack.
 
You are correct that taking insurance in blackjack is typically not recommended, as the house edge on this side bet is quite high. In most cases, it is not a profitable move for the average player. However, as you mentioned, card counting can change the situation.

Card counting is a strategy used by some advanced players to keep track of the proportion of high cards to low cards remaining in the deck. When the count is favorable (i.e., when there are more ten-value cards remaining in the deck), the player has a higher probability of winning both their main hand and the insurance bet.

If you are an experienced card counter and have determined that the deck is rich in tens, taking insurance can become a viable option. In such scenarios, the increased likelihood of the dealer having a blackjack can justify the insurance bet, as the 2:1 payout can be profitable in the long run.

It's important to note that successful card counting requires a high level of skill, practice, and a keen ability to maintain focus under pressure. Additionally, not all blackjack games allow insurance bets, so it's crucial to consider the specific rules of the game you are playing.

In conclusion, while taking insurance in blackjack is generally not recommended for most players, with advanced strategies like card counting, there are situations where it can be a strategic move to consider, especially when the deck is rich in ten-value cards. Just remember that proper risk assessment and skill are essential to making this decision effectively.
 
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