Is Surrender the Same as Insurance in Blackjack?

There is a common misconception that insurance in blackjack is the same as surrender. This is not the case.

While both options can provide the player with a way to get out of a hand with minimal losses, the two are very different.

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Surrendering a hand in blackjack means that you give up your hand and lose half your bet. It is only available as an option before you take any action on your hand.

PRO TIP:In Blackjack, surrendering is not the same as taking insurance. When you surrender, you give up your hand and receive half your bet back, while taking insurance will pay out 2:1 if the dealer has Blackjack. Surrendering is usually only an option when the dealer is showing an Ace, and should be used when you have a poor hand and believe that the dealer’s chances of winning are high.

Insurance, on the other hand, is a side bet that is available after the dealer has checked for blackjack. If the dealer has blackjack, you will win 2-1 on your insurance bet and push on your main bet.

So, while surrender and insurance both provide ways to limit your losses in a bad situation, they are not the same thing. Surrender is only available at the beginning of a hand, while insurance can be purchased at any time.

Insurance pays 2-1 if the dealer has blackjack, while surrender just returns half of your bet.