Blackjack Insurance Bet - A Great Strategy
The entire world right now is covered with insurance. From house contents to buildings and cars, everything is insured. Thus, it is not surprising when you discover there is "insurance" in the game of blackjack. As one of the most popular card games in the casino all over the world, players flock on a blackjack table to challenge their fortune. The sharp-eyed experts and the greenhorns convene to try their luck.
Since it is gambling, it clearly is a game of chance. That is, you win some and you lose some. But it is always advisable to take charge of your game and do some studying. Experts believe that it is possible to keep track of the cards dealt. They are considered card counters. It takes a lot of practice and exacting concentration to take into account the cards dealt. With diligence a novice blackjack player will eventually feel like it is second nature to count cards.
This is when insurance comes in. An insurance bet in blackjack is applicable only when the dealer's open card, the face-up card, turns out to be an Ace. The dealer then gives the players an option to make an insurance bet before he opens his hole card, the one facing down. Although, it is not a rule, experts believe it is best to take an insurance bet only when you are counting cards. Since you are keeping tab of the cards, you, at least, have an idea of the number of 10-point-value cards left un-dealt or vice versa. We all know that if the hole card turns out to be a ten or any of the face cards, the dealer has dealt a natural, a blackjack.
An insurance bet will cost players half of the original bet. It is then secured in a place within the table labeled 'Insurance Pays 2:1.' That means your insurance bet pays 2 to 1 in cases when the dealer gets a blackjack. If your original bet is 10 dollars, your hand is 17 and the dealer has an Ace; you pay an insurance bet of 5 dollars. The dealer opens the hole card and it turns out to be a ten-value card. You lose the original bet of 10 dollars but win the insurance bet. You get back your 5-dollar bet plus the 5 dollars you just won. That makes it even. If the dealer's hole card turns out to be less than ten, you lose your 5-dollar bet and proceed with the game through normal game play. |
