How Does Blackjack Deal With Insurance?

When it comes to insurance, blackjack is a game of probability. The house always has an edge, so the odds are against the player winning.

However, there are certain situations where taking out insurance can be beneficial to the player.

If the dealer is showing an Ace, players have the option to take out insurance. This side bet pays out 2-1 if the dealer has a blackjack.

While the odds of the dealer having a blackjack are slim (roughly 1 in 3), it’s still a possible outcome. Taking out insurance protects the player in case of a blackjack, and also gives them a chance to win some money back.

There are also times when insurance can be used as a tool to help manage your bankroll. Let’s say you have a $100 bankroll and you’re playing $5 blackjack. You’re down to your last $20 and the dealer is showing an Ace. In this case, you might want to take out insurance because you can’t afford to lose any more money.

If the dealer does have a blackjack, you’ll get your $20 back and can continue playing. If not, you can just move on with your day.

Overall, insurance is a decision that each player has to make based on their own risk tolerance and bankroll management strategy. There’s no right or wrong answer, but it’s important to understand how insurance works before making any decisions at the table.