Consult any source of blackjack strategy and theyll tell you that insurance is bad.
One seemingly good bet to beginning blackjack players is taking insurance.
Its placed for half the value of your main bet, and what youre betting on is the chance of the dealer having a natural blackjack.
In this event, you receive win 5 on your insurance bet (10 total but lose 10 since the dealer had a blackjack.If the dealer then has a 10 face-down, youll lose the 10 main bet but insurance will pay out 10 as well as giving you the 5 back, meaning theres no money lost.As you can see, this leaves you 50 in the hole, thus making it a bad bet overall.However, this is a very poor wager, and well get into the specifics of why after explaining more about this bet.But insurance has a higher house edge than in a normal game of blackjack, making insurance a bad bet.Your 10 main bet is returned to you, and your 5 insurance also gives you a nice little 10 profit.Access Denied your access has been blocked due to possible malicious activity originating from your IP address.But in reality, there are 4 cards out of 13 which could complete that hand, giving odds of 9 to 4.8.In a perfectly average world, youll win 40 bets insurance bets and lose 90; if there was actually a 1-in-3 chance of winning, youd win 43 and lose.Insurance is paid out at 2 to 1, implying there is a 1 in 3 chance of the dealer getting a blackjack from a face-up ace.In the first hand, if both the player and the dealer have 21 value, then theyll tie but no money is won or lost but if you take out the insurance bet, youll turn a profit.A 10 or a face card).If youve played more than a couple of rounds of blackjack, you are probably familiar with the concept of insurance.
So the next time the dealer offers you insurance, your best bet is to politely decline.
How Insurance Bets Work, the opportunity for insurance wagers arise when the dealer draws a face-up ace; at this point, the dealer will go around the table and ask everybody if they want to take insurance.
Play as best you can with the cards you have, and understand that luck is just part of the game if your dealer does have a natural blackjack, hopefully it wont be long before you get one too!Most players mistakenly assume that insurance is meant to protect their hand in the event that the dealer has a blackjack.The discrepancy between actual odds and the odds of something happening is, of course, where the casino gets its house edge to ensure it turns a profit.Name: (required email Address: (required phone: (optional).So whats wrong with it?Dealers will also often suggest that players who are themselves holding blackjack should place an insurance bet on the dealer.Note: If casino de oporto you want your access restored then you must provide a valid email address where we can communicate with a human.The insurance is in case the dealer receives a blackjack, and you put out half of your original bet as the insurance.You then take the offered insurance bet by laying another 5 out on the table.The dealer turns over his second card, which is a king, thus giving him a blackjack.Why the Insurance Bet is Bad.But the reality is that insurance is merely a wager on the dealer having a natural blackjack.If youve wagered 10 on your blackjack hand and the dealer has a face-up ace on the table, you can take out insurance for.To show this in action, lets say you make 130 bono the edge happy birthday insurance bets.
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