Blackjack Insurance: All You Need to Know

Blackjack Insurance

Blackjack insurance is among the most popular. Side bets like these might help you keep your losses under control. However, you may lose more money if you take the risk. We’ve got all the information you need regarding blackjack insurance.

Understanding when and how to place a Blackjack Insurance bet is essential, so read on to learn more about this interesting wager.

What is Blackjack Insurance?

In blackjack, insurance is a kind of side wager made when the dealer’s up-card is an ace. This is a wager that the dealer’s cards will total 21 after unveiling the hole card. It is a separate wager from the primary bet. The odds are 2:1.

This implies that if the dealer’s second hand is a 10 or a face card with a value of ten, you will earn $2 for every $1 you bet.

As the name implies, insurance gives you a second chance to win. It doesn’t matter if your primary bet fails; you may still win money.

Alternatively, if the dealer’s card does not total 21, you will just lose the insurance stake and the game will continue as normal.

Six things may happen if you put an insurance wager on blackjack. We’ll go through what may happen in each of the below-listed situations.

Here, we assume that your insurance bet is $50 and that your primary bet is $100.

  1. The dealer’s cards will add up to 21, whilst your cards will not. You win the insurance bet, but you lose the primary bet because of the insurance bet. There is no such thing as a loss or a gain here.
  2. In the second scenario, your cards will add up to 21 whereas the dealer cards would not. In blackjack, the house edge is 3:2, so you will earn $150 on your primary wager and lose $50 on your insurance bet if you hit a blackjack. Despite this, you will get $100 in compensation.
  3. Both you and the dealer will have 21 points on your cards. We’ll refund the amount of your original wager. Here, you have won your insurance wager. 100 dollars is the net profit.
  4. Both you and the dealer do not have a blackjack, and it declared the game a tie. Here, it returns the original waiver. There is no way to recover from the loss of the insurance wager. The result is that you will incur a total loss of $50.
  5. Both you and the dealer do not have a blackjack, therefore your hand is the winning one. You win the first wager, but you lose the insurance bet, so you are out of pocket. The total amount of money won in this situation is $50.
  6. Here, both you and the dealer do not have blackjack, and the dealer is the winner. You will lose both your original bet and your insurance bet if you do not take action. This is the worst-case situation, since it implies that you will lose $150.

When should you take blackjack insurance?

You should be familiar with the blackjack insurance regulations before placing this sort of wager. One of the most critical aspects of the game is that the dealer’s initial card must be an ace. 

In taking out insurance, it is preferable to do so only if you are an expert at card counting. This is a talent best left to the professionals. Increasing your odds of winning is much simpler if you know how to count cards.

When you’re winning, it’s also a good idea to take insurance. As a result, your resources have grown. As a result, you’ll be able to bravely accept an insurance bet even if you know the casino has an advantage.

What are the odds of blackjack insurance?

Let’s look at the odds to have a better idea of what insurance is in blackjack. As the name implies, odds are a way of expressing the likelihood of a certain outcome occurring. You can decide whether it’s worth it to incur the risk if you take this into account.

Chances of winning vary widely from one person to the next. Even the house edge (the casino’s advantage over its customers) is a factor in determining the chances of a certain game.

In a single-deck game, the casino may have a house edge of up to 5.8%. When there are additional decks in play, this number might go up dramatically.

At this moment, the dealer’s odds of blackjack are 9:4. On average, you’ll lose more than half of your bets in this situation. I do not recommend insurance because of this.

Some players justify gaining insurance by claiming that they have a “strong hand” of 20 points.

There is a glaring flaw in this logic: since it makes insurance wagers on the assumption that the dealer has a 10 hidden, gaining insurance on the 20 is really a disadvantage.

According to Michael Shackleford, often known as “the Wizard of Odds,” an insurance bet has a better chance of winning if the 10-to-1 odds are greater. 

For example, if you have two tens in your hand, you do not want to gamble that the dealer’s ace is hiding an extra ten somewhere on the deck.

What are the advantages and disadvantages of blackjack insurance?

If you put money into an insurance bet, your odds of winning rise even if you do not win your original bet. Keep in mind, though, that this only applies if you’re playing a game that requires the usage of many decks for playing cards.

If you use more decks, the number of tens will become more widespread, increasing the likelihood of obtaining a natural blackjack when playing the blackjack bet.

Despite this, insurance suffers from the most fundamental flaw: practically all professionals believe it is a poor investment plan.

According to the mathematical assumptions, a win is very improbable to be achieved.

Why should I avoid bluejack insurance?

Even in the best-case scenario, such as the one shown here, blackjack insurance is a recipe for failure in blackjack.

  1. When playing against the dealer in a single-deck game, none of your opening hands has a pair of tens.
  2. Your £10 insurance bet has the highest chance of winning, since 16 of the remaining 49 cards have a 10 value on them.
  3. That your position is unsustainable in the near term does not imply that it is viable in the long term.
  4. A £10 insurance bet pays off 14 times out of every 100 times, but it cannot pay out on 33 instances. Each game pays out £20 for £320 in prizes, with each game paying out £20.
  5. If you subtract the 33 losses at a rate of £10 per loss, you’ll end up with a net loss of £10.
  6. Because no one else has a 10-value card in their first hands, this is the best hand you could have. It is possible that the dealer may get a 10-value hole card, in which case the likelihood of your insurance bet winning will reduce significantly.

Read More: Online Blackjack Offers

Final Verdict

We’re hoping you’ve figured out the role of insurance in blackjack by now, but if not, you need to read it again. You want to offer yourself the best possible chance of winning, even if your first investment is a failure.

There is a risk involved. Because of the possibility of losing both your initial bet and your insurance, continue with caution at this point.

Whatever your belief in your ability to see into the future, placing insurance bets is not a good idea. Depending on how many decks are in the shoe, it is conceivable for the dealer to have blackjack less than one-third of the time.

Even if you win one of these bets now and then, you will end up losing money in the long run if you continue to make them. Blackjack may be the only game in which gaining insurance is almost always a terrible decision, and this may be the case.

The only positive outcome of 6 to 5 blackjack may be a resurgence of the debate about eliminating insurance altogether. Hands per hour are how casinos make money.

Taking only a few seconds to trace the layout and ask for insurance when almost no one ever takes, it may have a significant impact on the bottom line across hundreds of thousands of hands.


Insurance is never a good idea for an inexperienced blackjack player, regardless of the well-meaning intentions of your fairly rowdy new blackjack table colleagues or, in certain cases, an ignorant dealer.

There is a lot of ambiguity about taking even money because of the rise of tables that pay 6 to 5.

The math doesn’t work the same on a 3 to 2 table. Thus, casinos don’t provide this shortcut, but you may still take insurance on your blackjack.

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