What Does Insurance Mean in Blackjack?

When it comes to blackjack, insurance is a type of side bet that allows players to protect themselves against the dealer having a natural blackjack. If the dealer does in fact have a blackjack, then the player will be paid out at 2-1 odds on their insurance bet.

However, if the dealer does not have a blackjack, then the player will simply lose their insurance bet.

So, what does insurance mean in blackjack? Well, it essentially allows players to hedge their bets against the possibility of the dealer having a natural blackjack. While it may seem like a good idea to take out insurance all the time, it’s actually not a very wise move from a mathematical standpoint.

This is because the odds of the dealer having a natural blackjack are only about 1 in 10, so you’re essentially paying 10-to-1 odds just to break even on your bet.

In conclusion, insurance in blackjack is nothing more than a side bet that allows players to protect themselves against the dealer having a natural blackjack.