Is Insurance Good in Blackjack?

One of the common questions that blackjack players ask is whether insurance is a good bet. The answer to this question is not as simple as a yes or no answer.

There are a few things that you need to take into account before you can make a decision about whether insurance is a good bet for you.

The first thing that you need to understand is what insurance actually is. Insurance is a side bet that you can make when the dealer is showing an Ace as their upcard.

The insurance bet is worth half of your original bet and it pays 2 to 1 if the dealer has blackjack.

The second thing that you need to understand is the odds of the dealer having blackjack when they show an Ace as their upcard. The odds are actually quite low, about 9%, which means that the casino has a big advantage on this bet.

So, when you take all of this into account, is insurance a good bet? For most players, the answer is going to be no. The odds are just too stacked against you for this to be a wise bet.

However, there are some players who swear by insurance and always take it when offered. If you’re one of those players, then go ahead and make the bet, but just know that the odds are not in your favor.