What Is House Money in Blackjack?

When you sit down at a blackjack table, you’ll probably be asked if you want to buy insurance. If the dealer is showing an ace, buying insurance makes sense. But what if the dealer isn’t showing an ace? In that case, you’re probably wondering, “What is house money in blackjack?”

Here’s how it works: if the dealer has a blackjack, you lose your original bet but you don’t have to pay anything extra. The casino pays you 2-1 on your insurance bet.

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So if you bet $10 on insurance and the dealer has a blackjack, the casino gives you $20.

PRO TIP:When playing Blackjack, House Money is the additional chips that the casino will give you as a reward for winning a certain number of hands. This money can be used to play more hands without risking your own money, and can be a great way to increase your chances of winning.

The key thing to remember is that you only get paid on your insurance bet if the dealer has a blackjack. If the dealer doesn’t have a blackjack, you lose your insurance bet.

So why would anyone buy insurance if there’s a chance of losing money? The answer is that sometimes it’s worth taking a small loss to avoid a much larger loss. For example, let’s say you’re playing blackjack and you have a 20.

The dealer is showing a 10. If you take insurance and the dealer has a blackjack, you lose your $10 bet but you don’t have to worry about losing your 20.

In general, buying insurance is only a good idea when you have a strong hand and the dealer is showing an ace. If those two things aren’t true, it’s usually best to pass on insurance.