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What does insurance mean in blackjack?


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If you are wondering what insurance means in Blackjack, we have a guide that might be able to help you, check it out below. 

Blackjack Insurance: A Great Strategy or a Bad Bet?

We would love to hear your feedback on the blog and let us know if you have ever used or considered insurance. 

Anyone who interacts will receive admin points. 

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cocopop3011
This post was recognized by cocopop3011!

Flatzem was awarded the badge 'Great Content' and 10 points.

I would rarely use insurance but I recall one time I was playing at a casino and these two Asian women were sitting next to me and then I had placed a larger bet than usual (cause the count said so, well the women next to me noticed I was changing bet sizes so they knew something was going on) and the dealer was dealt an Ace, so she asked if anyone wants insurance? I was kind of reluctant to take it cause it's almost never a good idea..but there can be exceptions,  but the two Asian women kept telling me to take insurance come on it's going to be good to take it, if you take insurance you get paid even money, I don't know how but somehow I took insurance without fully being commited to it but it was the right decision at that point cause the dealer ended up having a blackjack too. Since I had blackjack and the dealer had blackjack and cause I took insurance I got even money so it's a win instead of just a push.

There was another time (not insurance related but) where I was dealt a blackjack and the dealer had a 10 card and he paid me without waiting to see what his final total would be, well I could have taken the money and gone (it was a $50 bet) but this time I said ok wait you got a 10 you shouldn't pay me yet.. he agreed (these dealer errors happen from time to time but sometimes people say nothing),  there were other people at the table too but anyway he didn't get blackjack so it was fine. Got paid and left, it was my last bet for the day.

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11 hours ago, Flatzem said:

I would rarely use insurance but I recall one time I was playing at a casino and these two Asian women were sitting next to me and then I had placed a larger bet than usual (cause the count said so, well the women next to me noticed I was changing bet sizes so they knew something was going on) and the dealer was dealt an Ace, so she asked if anyone wants insurance? I was kind of reluctant to take it cause it's almost never a good idea..but there can be exceptions,  but the two Asian women kept telling me to take insurance come on it's going to be good to take it, if you take insurance you get paid even money, I don't know how but somehow I took insurance without fully being commited to it but it was the right decision at that point cause the dealer ended up having a blackjack too. Since I had blackjack and the dealer had blackjack and cause I took insurance I got even money so it's a win instead of just a push.

There was another time (not insurance related but) where I was dealt a blackjack and the dealer had a 10 card and he paid me without waiting to see what his final total would be, well I could have taken the money and gone (it was a $50 bet) but this time I said ok wait you got a 10 you shouldn't pay me yet.. he agreed (these dealer errors happen from time to time but sometimes people say nothing),  there were other people at the table too but anyway he didn't get blackjack so it was fine. Got paid and left, it was my last bet for the day.

What portion of the bet is for insurance or does it depend on how much your bet is?

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1 minute ago, cocopop3011 said:

What portion of the bet is for insurance or does it depend on how much your bet is?

half of the original bet but when you take even money in the case where you had been dealt a blackjack and the dealer has an ace, and you take even money then they just pay you straight away without you even having to put an additional half amount of your original bet. but if you don't have a blackjack and the dealer has ace then you gotta put another half amount of your original bet. Online though things can be different though, as when you have a blackjack they won't give you option to take insurance.. might depend on the casino though.

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  • 3 weeks later...

I have seen it many times but never took it. I guess I did not see the benefit

However I have been playing live games alot lately but it gets boring at times.

I tried Lighting Blackjack by evolution gaming but lost mostly, as those multipliers stayed low.

I Prefer roulette but now I understand the insurance better!

 

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