However, you should take note that the odds against winning an insurance bet are 2.18-to-1, so with a payoff of 2-to-1, you are certainly getting “the worst of it.” Check our other recommended blackjack guides: How to Play Blackjack Surrender Rule in Blackjack.
Insurance would be an even bet if the dealer (when showing an ace) completed a blackjack one-third of the time. However, only 30.8 percent of cards have a value of 10 in blackjack. Over time, you will lose money if you continually take insurance because the casino is only paying out 2-1 on an event with 9-4 odds.
While Blackjack Insurance is never a good idea - there are plenty of more entertaining Blackjack side bets you can accept. And some of these can really increase the tension of a game. Extra payout opportunities or even jackpots - there are a number of options you can choose to enhance your gameplay.
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If the dealer has blackjack, the insurance bet pays 2:1, and you will lose the initial hand bet. If the dealer does not have blackjack, you will lose the insurance bet and the game will continue for the initial hand bet. You will not be offered insurance if you have blackjack.
The following terms apply to all bonuses Blackjack Insurance Odds offered on 777.com (including the Welcome Bonus): Currencies: 777.com offers play in one of the five following currencies in accordance Blackjack Insurance Odds with the member's personal preference: US Dollars, Canadian Dollars, GBP, SEK or Euros. Whenever a currency is mentioned (in connection with bonuses, deposit eligibility.
In general, taking blackjack insurance is not considered as a sensible bet, since the casino dealer's odds of obtaining 'blackjack' are relatively low. Information About Additional Bets Many casinos and gambling outlets now allow additional betting, although in general, it is best to concentrate on playing and learning the card game itself, as additional blackjack betting does not offer.
If the dealer’s face up card is an Ace, and you don’t hold a blackjack, then you will be offered to place insurance bet, which can be worth up to half of your original bet. Then, if the dealer reveals a blackjack, you lose your original bet, but paid 2 to 1 on the side bet.