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Insurance betting, especially when placed in a blackjack game played with 6-8 decks, increases the house edge to at least 7%. For a player to win an insurance bet, the dealer must have a ten or a picture card and the probability of the same is just 30%. The odds are almost always against the player when he places an insurance bet. If the dealer has a ten or picture card in the hole, which gives him a blackjack, the insurance wager is paid at 2 to 1 odds. Therefore, in the above example, the $5 insurance bet would win $10. The 7, 8, and 9 density directly affects the player’s decision whether to take insurance or not below, at, or above the threshold. In hi lo six-deck blackjack, the threshold is true 3. 0, meanwhile, in a double-deck blackjack, the insurance is true 2. If the dealer had not had blackjack, you would have lost your $5 insurance bet, but you would have received 3 to 2 on your blackjack. That’s $15 minus the $5 for insurance, or a net of $10. How does insurance work in blackjack: an example. Here’s an example to help you understand how insurance in blackjack works. Say you’re in a situation where the dealer has an ace, and your initial bet was $20. These circumstances allow you to make a $10 blackjack insurance bet Insurance provides some protection when the dealer shows an ace — the strongest card in blackjack. The insurance bet is optional and it is only available when the dealer’s upcard is an ace. This bet allows the player to stake half of their original wager as insurance against the dealer making a blackjack when their second card is revealed. The following example shows why, even in a best-case scenario such as the one below, betting blackjack insurance is a losing strategy in the long run. You are playing alone against the dealer. Therefore, taking even money can decrease a player’s overall payout in the long run. As with all forms of gambling, it’s essential to consider the odds and make informed decisions when playing blackjack. Examples of insurance in blackjack. To better understand the insurance rule in blackjack, let’s look at a couple of examples. Examples of blackjack insurance. Here are some examples of how insurance bets work in different scenarios: winning insurance. You find an online casino you want to play, visit the blackjack table and place your initial bet for $10; the dealer deals you a 9 and a queen; the dealer's upcard is an ace; you decide to take out insurance for an extra $5. The 7, 8, and 9 density directly affects the player’s decision whether to take insurance or not below, at, or above the threshold. In hi lo six-deck blackjack, the threshold is true 3. 0, meanwhile, in a double-deck blackjack, the insurance is true 2. Insurance is the most common side bet in blackjack. It’s a widespread option in many blackjack variations and a popular choice among players from all over the world. When placing the insurance bet, you’re essentially betting that the dealer will have a blackjack Your money is completely safe in your casino wallet, blackjack insurance example. Do with it as you please, no limits! We have a host of popular bitcoin slots straight from the top gaming software providers for you to play. This means that a wide variety of BTC slots are available for you to pick from! 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