If the dealer is dealt an ace face up, you may buy insurance. Buy Insurance and if the Dealer has blackjack you are paid back your original bet. If the dealer does not have blackjack, you lose your insurance bet, but retain your original bet and continue to play.
…at what would happen both ways if the player has a blackjack and takes insurance. If the dealer ends up getting that blackjack, the main bet will push, so it wins nothing, but the insurance but will win one unit because the player bets half a unit on insurance. The insurance …
9) I take insurance when the dealer is running hot. 10) I take insurance when I have a hunch the dealer’s gonna pull a blackjack. Answers 5) through 10) are bettors’ balderdash while 3) and 4) raise issues beyond simply insuring blackjacks.
Insurance is the act of protecting your hand against the possibility that the dealer has blackjack. In a game of 21, a blackjack by the dealer means an immediate loss for the player. Whenever a dealer shows a 10, the first thing he will do after dealing the cards is check his hand for a blackjack.
The insurance is in case the dealer receives a blackjack, and you put out half of your original bet as the insurance. Assuming the dealer does have a blackjack, you win 2-1 on your insurance wager. To illustrate how this works, let’s say that you make a $10 bet, and the dealer shows an ace.
If the dealer has a 2 face up, he or she will bust about 35% of the time. If your only known card is a 2, you will bust about 35% of the time. Still, the perception is there that the deuce is a dealer’s best friend, a card that hurts players and helps dealers.
If the dealer does have Blackjack, you receive 2-1 on your insurance bet. You are essentially winning your initial bet back when the dealer has Blackjack, for a …
Jun 01, 2006 · When you take insurance against the dealer’s ace he is just as likely to have another ace in the hole as a ten, but because of the 2:1 payoff the bet is lucrative. It is the same with this. [As a side note, that is why ace-neutral systems often have a higher IC than ace-reckoned systems].
May 28, 2014 · The ace has a value of either 1 point or 11 points, depending on its usage in your hand. The advanced rules of blackjack, however, are a little bit different. Since dealers are responsible for paying out bets, they obviously can’t take insurance.
Author: Nick Gibson
Dec 10, 2014 · Some casinos may postpone paying the blackjack until after the hand is over if the dealer has a 10 card up and has not checked for a dealer blackjack. Other casinos check under both 10 and Ace dealer upcards, and would therefore pay the blackjack immediately.
Another insurance-like situation you may find yourself in is if you have a natural blackjack and the dealer has an ace showing. The dealer will offer you even money on your bet. In other words, if you bet the maximum of $5 insurance on a $10 bet and the dealer has a 21, you’ll push on the blackjack, but win 2-1 on your insurance.
In casino play, the dealer has no options. He always has to hit values below 16/17 (the exact number varies by casino), and has to stay when his cards are higher. In non-casino play, often the dealer is just another player and has the same options as you. This is not really blackjack and will not use the same strategies as casino blackjack.
The insurance in blackjack: what is it? The first point that there’s nothing like a real ‘insurance’ in blackjack – as what we usually refer to as an ‘insurance’ is actually a side bet. When you ‘take the insurance’, you bet on whether or not the dealer has a 10-value card on the hole when holding an Ace.
If the player has placed the Insurance bet and the dealer has Blackjack, the player’s hand loses but the Insurance bet is paid out at 2:1. So if the player had bet $10 on the hand and $5 on the Insurance bet, they would lose the $10 and be paid a total of $15 – their $5 Insurance bet returned and $10 winnings.
Blackjack Insurance is defined as a bet on the odds of probability. There is a one-third probability the second card of the dealer to be a 10. The player loses the Side Bet in case the dealer does not have a Blackjack, but it has yet another chance to turn a profit as the original bet remains valid.