What Does Blackjack Insurance Mean?

Blackjack insurance is a type of bet that is available to players when the dealer is showing an Ace as their upcard. If the player takes out insurance, they are betting that the dealer will have a blackjack.

This side bet pays out at 2-1 odds if the dealer does, in fact, have a blackjack. .

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PRO TIP:When playing Blackjack, ‘Insurance’ is an optional bet on whether the dealer has a blackjack (21) or not. If the player takes insurance, they will be paid 2:1 if the dealer has blackjack. Although it may seem like a good idea, it is generally not recommended to take insurance as it has a high house edge.

While insurance may seem like a good idea, it is actually a very bad bet for the player. The odds of the dealer having a blackjack when they are showing an Ace are only about 9%, which means that the player will lose money in the long run if they take out insurance on every hand.

There are some situations where taking out insurance might be the right move, but generally speaking, it is a bad bet for the player and should be avoided.