Should I Take Insurance if I Have a Blackjack?

There are a few things to factor in when deciding whether or not to take insurance when you have a blackjack. The first is the probability of the dealer having a natural blackjack. This is roughly 4.8% if they are showing an ace, and slightly less if they are showing a ten.

PRO TIP:If you have a blackjack (21 points total) it usually pays off to take insurance. Even though the payout for insurance is normally only 2:1, statistically speaking, your chances of winning are higher if you take the insurance bet.

The second factor is the size of your bet. If you have a large bet, then it may be worth taking insurance to protect yourself in case the dealer does have a blackjack. The third factor is the payout for insurance. Insurance pays out at 2 to 1, so you would need to be paid 3 to 2 on your blackjack in order for it to be worth taking insurance.

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In conclusion, whether or not you should take insurance when you have a blackjack depends on the probability of the dealer having a blackjack, the size of your bet, and the payout for insurance. If the dealer has a high probability of having a blackjack, if your bet is large, or if the insurance pays out well, then it may be worth taking insurance.