Blackjack insurance is offered to the players in casinos and other online games that are related to blackjack. When you have been playing blackjack, the dealer might make you an offer for insurance in the instance that he or she has pulled an Ace. The idea is simple: you pay extra in order not to be deprived of your full stake.
But does paying for insurance make any difference for Blackjack? Product features often pose this question to many players: do they increase their chances of winning or is it an additional cost? On this guide, we will be explaining how Blackjack insurance works and whether or not it will be a good decision.
How Blackjack Insurance Works
Insurance is a side bet that you can place on any blackjack table when the dealer has an Ace. It is designed for the insurance of your prime wager in case the dealer is holding a natural. If you want to take it, then you have to put in fifty percent of your starting bet. If the dealer does have blackjack, the insurance pays 2:1.
Nevertheless, the majority of players do not risk or ‘take’ Blackjack insurance. Why? They do this because the probability of the dealer having a blackjack is lower. You spend more than you are able to earn, and you lose all your money.
It should be mentioned that Blackjack is very popular in Europe and especially in Poland. Here people are able to play this game both in traditional brick and mortar and online casinos. Beside, in Poland, there are many people who like to play blackjack in casinos that accept Paysafecard. Such casinos allow you to play without having to enter your bank account or credit card number. And what’s important, according to this website there are many online casinos with PaySafecard options that provide gamblers with additional bonuses, like deposit bonuses and free spins. It is easy to understand and is considered safe to use, which makes Paysafecard popular amongst those people. You may find this option when you are playing in these online casinos; correct, you can get it in Blackjack. Although similar to any gambling, whether on the net or off the internet, it is crucial to find out whether blackjack insurance is advantageous or not.
However, before you play and make that decision over to take this “risk”, you must know that of the two options, taking insurance in Blackjack is not always a good move. The main reason behind this is that it might be risky. This means you should always know when to take that risk and when it is worth it to make such deals. It’s important to know, how technically this insurance works. Also consider that playing at online casinos with safe payment methods will increase the chances to make wiser choices, since you don’t need to worry about your money and winnings. That’s why it’s recommended to visit the casinos that embrace secure payment options like Paysafecard.
Main advantages and disadvantages to consider
Insurance is an option bet that is available if the dealer is showing an Ace card. Despite the fact that it appears to be more secure, the ROI must be considered with its benefits and drawbacks.
Benefits of taking insurance in game
- Protects Your Bet: That is why the main advantage is that it can save your full bet if the dealer has a winning combination.
- Gives You Peace of Mind: Others take this bet because they want to be safe knowing that they cannot lose all of their winnings.
- Helpful in Advantage Play: For the blackjack strategy players, including card counting, the insurance bet is a good one in certain circumstances on the progressive jackpot.
Downsides of insurance
- Low Odds of Winning: The game’s probability reveals that the dealer will not have a blackjack most of the time. This makes the insurance bet unsafe.
- Increases House Edge: This bet raises the house edge in the game, making it even more beneficial to the casino in the long run.
- Not Part of Basic Blackjack Strategy: There are tons of game strategies, but most of them discourage insurance betting because it doesn’t make you a winner.
Is Insurance Worth It in Blackjack?
Almost all players have one question in their minds: Is insurance worth it in blackjack? Knowing when to take it in game is important, but insuring is really a strategy for advanced rule players.
Situations Where Insurance Might Be Worth It
Taking insurance in game many times is not advised, but there are some exceptional situations for taking it. Now let’s consider the circumstances when the insurance bet might be reasonable.
Advantage Play in Blackjack
When using advantage play in game, including card counting, then insurance should be taken. When the deck is loaded with 10-value cards, it brings the winning odds into your side.
Expert Blackjack Strategy
There are those who have argued that should you be very experienced and you understand the rules of blackjack very well, then you might know when to take insurance in blackjack. But this possible only with a perfect understanding of the probability of blackjack.
Conclusion
In conclusion, it is possible to state that Blackjack insurance looks quite tempting to be taken as a safeguard for the player, but it actually turns into a much better prospect for the casino rather than the player. Even though this one can be helpful in some cases, many gamers have reported that it isn’t worth the investment. In casino games and online betting as well, you will often stand to lose when you take this particular bet.
Every gambler must assess the odds of the Blackjack insurance before it’s time to play any game. For the majority of players, it is advisable to stay away from this type of side bet and just keep playing as per basic strategy. Just to remind everybody, the only way to win is to think and to choose the best tactic.