BLACKJACK INSURANCE BET
The blackjack insurance bet is an important part of a game of blackjack and every player needs to know what the blackjack insurance is and how he can use it. A lot of players underestimate the opportunity to use the insurance bet but that's a mistake because once you learn what the blackjack insurance bet is and how to use it, you will be able to lower the advantage of the casino during the game.
Blackjack players may place insurance bets only when the dealer's face-up card is an Ace. The idea is to insure your bet against the blackjack of the dealer and then you only get paid for your insurance bet if the dealer has got a blackjack hand. If the dealer hasn't got a blackjack hand, then you lose your insurance bet. In both cases the game continues until either the player or the dealer wins, loses or there is a draw.
For example, let's say that you place a bet of $10 and the dealer's face-up card comes out to be an Ace, then you will have the opportunity to place a blackjack insurance bet of $5. If you decide to place the insurance bet, you will have bet $15 in all. If it comes out that the dealer has got a blackjack hand, then you will get $15 after you have bet $15 which means that you will be even. If you do not place the insurance bet and the dealer gets a blackjack hand, then you will have lost $10.
Some players take a look the all the players' cards on the blackjack table and if there are a lot of 10s, Jacks, Queens and Kings then they decide not to place the blackjack insurance bet. Anyway, we always recommend placing the blackjack insurance bet every time the face-up card of the dealer is an Ace.
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