What is insurance in blackjack

Have you ever been playing blackjack at a casino and the dealer asked if you wanted “insurance”? If you’re new to the game, this might have caught you off guard. What is insurance in blackjack, and should you take it? 

Exploring the intricacies of insurance, examining when it might be a wise choice and when you’re better off steering clear.

By the end, you’ll be well-equipped with blackjack tips to navigate this aspect of the game confidently. 


Before we discuss what insurance in blackjack is, let’s quickly review the game’s fundamentals. Blackjack is played with one or more standard decks of 52 cards. The objective is to get a hand value closer to 21 than the dealer’s hand, without going over 21 (known as “busting”). You can try to play at the casino 하이브카지노

Cards 2 through 10 are worth their face value, face cards (Jacks, Queens, and Kings) are worth 10, and Aces can be counted as 1 or 11. Both you and the dealer receive two cards each, with one of the dealer’s cards exposed (known as the “upcard”).

The Concept of Insurance

Now, what is insurance in blackjack? Insurance is a side bet offered to players when the dealer’s upcard is an Ace. Why is this significant? Because an Ace gives the dealer a chance of having a “natural” blackjack (an Ace and a 10-value card).

If the dealer has a natural blackjack and you don’t, you automatically lose your original bet, unless you’ve taken insurance. Insurance is essentially a wager that the dealer has a natural blackjack. 

If you purchase insurance and the dealer does have blackjack, you’ll be paid 2:1 on your insurance bet, offsetting your original bet’s loss.

In essence, insurance is a way to hedge your bets against the dealer’s potential blackjack. It’s crucial to note that insurance is always offered before the dealer checks for a natural blackjack.

When to Take Insurance

Now that we understand what insurance in blackjack is, the million-dollar question remains: should you take it? The answer, like many blackjack tips, is situational. Here are a few scenarios where taking insurance might be a wise choice:

  1. You have a natural blackjack: If you’re dealt a natural blackjack (an Ace and a 10-value card), taking insurance is a no-brainer. Why? If the dealer also has a natural blackjack, your hand will push (tie), and your original bet will be returned. By taking insurance, you’ll break even instead of losing your entire bet.
  2. You have a hand total of 19 or higher: If you have a strong hand total (19, 20, or 21), taking insurance can be a decent play. The reasoning is that even if the dealer has a blackjack, you still have a decent chance of winning with your strong hand if they don’t.
  3. You’re a seasoned blackjack hunter: If you’re an experienced “blackjack hunter” (someone who employs strategies to gain an edge over the casino) make sure to use coupon 하이브카지노쿠폰 and take insurance can sometimes be part of your overall betting strategy. 

When to Avoid Insurance

While there are situations where taking insurance in blackjack might make sense, more often than not, it’s a bet you should avoid. 

Here are a few reasons why:

  1. The house edge on insurance is high: Insurance carries a significant house edge of around 7.7% (for a single-deck game). This means that for every $100 your insurance wager, you can expect to lose $7.70 on average. Ouch!
  2. The dealer is unlikely to have a natural blackjack: The odds of the dealer having a natural blackjack are relatively low – approximately 1 in 21 (or 4.8%) with a single deck. This makes insurance a statistically unfavourable bet in most cases.
  3. You have a weak hand: If you have a weak hand (say, a total of 15 or lower), taking insurance is generally not advisable. Even if the dealer has a blackjack, your chances of winning with a weak hand are slim to none.

Statistics and Data

To further illustrate the point, let’s look at some relevant statistics and data:

  • According to the Wizard of Odds, taking insurance in blackjack has an expected return of -7.7% for a single-deck game and -7.4% for a six-deck game.
  • A study by the University of Nevada, Las Vegas, found that only 9.66% of players take insurance when offered, indicating that most players understand the unfavourable odds.
  • In a simulation of 10 million hands, insurance was profitable only 4.83% of the time, further emphasizing the rarity of the dealer having a natural blackjack.

Blackjack Tips and Strategies

While insurance is a part of the game, it’s generally not a recommended strategy for most players. Instead, here are some tried-and-true blackjack tips to improve your chances of success:

  1. Learn and employ basic strategy: Mastering basic strategy (the mathematically optimal way to play each hand) is one of the most effective ways to reduce the house edge in blackjack.
  2. Manage your bankroll effectively: Set a strict budget for each session and stick to it. Never chase losses or bet more than you can afford to lose.
  3. Take advantage of favourable rules: Look for tables with favourable rules, such as allowing doubling down after splitting, early surrender, and more decks (which slightly reduce the house edge).
  4. Consider card counting (if allowed): Card counting, while challenging, can give you a legal edge over the casino when done correctly.
  5. Avoid insurance bets: Unless you have a natural blackjack or are an experienced blackjack hunter with a specific strategy, it’s generally best to avoid taking insurance.

Remember, while blackjack is a game of skill, it still favours the house in the long run. By employing sound strategies and bankroll management, you can minimize the house edge and maximize your enjoyment of the game.

Insurance in Blackjack Summarised

What is insurance in blackjack? It’s a side bet offered when the dealer’s upcard is an Ace, allowing you to wager that the dealer has a natural blackjack. 

While taking insurance can sometimes be a wise choice (if you have a natural blackjack or a strong hand), more often than not, it’s a bet you should avoid due to the high house edge.

As a general rule of thumb, focus on mastering basic strategy, managing your bankroll effectively, and finding tables with favourable rules. These blackjack tips and strategies will serve you better in the long run than relying on insurance bets.