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Online Blackjack News - The crashing myth of Blackjack Insurance Bet

What is blackjack insurance? This is a side bet offered to the player when the dealer gets an ace. Essentially, its purpose is to protect your hand against the dealer’s possible blackjack.

When one plays blackjack in an online casino, the casino will make an automatic offer for insurance bet, if such would be available. The decision to accept or decline it is up to the player. Once accepted, a player stakes half his initial bet. If the blackjack is drawn by the dealer, the profit would be 2-1, with no remnants from the original bet. Otherwise, the player’s insurance bet is lost and the game proceeds in a traditional manner.

Taking insurance bet while playing a land based blackjack can only be worthwhile if one wishes to track down the aces. That way, its counting is greatly facilitated, since you’d normally remember how many insurance bets you’ve taken. In online blackjack game, counting aces is a senseless venture, as all the cards are drawn by a random number generator.

At the end, insurance bet would not give you an edge over the casino, but enrich the casino, instead. No matter whether you win or lose on this bet, the casino would earn its share anyway.


Source: Blackjack2002 News Staff

Monday, 30 May 2005

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