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Insurance in blackjack meaning

Jul 23,  · Insurance is basically a bet that states you think the Dealer has blackjack. It is usually a bad idea to take insurance unless you count cards and are sure the Dealer has blackjack. After all, if Insurance wins, you lost out on your initial bet. If Insurance loses, you lost out on your Insurance bet (and maybe more if you lose on your hand). Apr 01,  · blackjack insurance meaning you need to know. There are speed tournaments that enable you to achieve all the excitement in half the time. In addition to basic strategy information, you will find a complete card counting school curriculum with tests and quizzes, /10(). Blackjack definition is - a card game the object of which is to be dealt cards having a higher count than those of the dealer up to but not exceeding 21 —called also .

Blackjack Insurance – A Bad Bet

Furthermore, the insurance bet is susceptible to advantage play. The eye in the sky usually makes a video recording of the table, which helps in resolving disputes and identifying dealer mistakes, and is also used to protect the casino against dealers who steal chips or players who cheat. It is attractive although not necessarily wise for the player to insure against the possibility of a dealer blackjack by making a maximum "insurance" bet, in which case the "insurance proceeds" will make up for the concomitant loss on the original bet. Blackjack's precursor was twenty-one , a game of unknown origin. Video and online blackjack games generally deal each round from a fresh shoe, rendering card counting ineffective in most situations. The count starts at 0 for a freshly shuffled deck for "balanced" counting systems. Main article: Blackjack Hall of Fame.

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what does insurance mean in blackjack?

Blackjack is the American version of a popular global banking game known as Twenty-One , whose relatives include Pontoon and Vingt-et-Un. Players do not compete against each other. It is played with one or more decks of 52 cards, and is the most widely played casino banking game in the world.

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Players are each dealt two cards, face up or down depending on the casino and the table. In the U. In most other countries, the dealer only receives one card face up. The value of cards two through ten is their pip value 2 through Face cards Jack, Queen, and King are all worth ten. Aces can be worth one or eleven. A hand's value is the sum of the card values.

Players are allowed to draw additional cards to improve their hands. A hand with an ace valued as 11 is called "soft", meaning that the hand will not bust by taking an additional card. The value of the ace will become one to prevent the hand from exceeding Otherwise, the hand is called "hard". Once all the players have completed their hands, it is the dealer's turn.

The dealer hand will not be completed if all players have either busted or received blackjacks. The dealer then reveals the hidden card and must hit until the cards total up to 17 points. At 17 points or higher the dealer must stay.

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Insurance is basically a bet that states you think the Dealer has blackjack. It is usually a bad idea to take insurance unless you count cards and are sure the Dealer has blackjack. After all, if Insurance wins, you lost out on your initial bet. If Insurance loses, you lost out on your Insurance bet and maybe more if you lose on your hand.

Surrender is when you literally just give up and take back half your bet. Only some places allow it, and it varies when you are allowed to surrender. All of the above answerers have given you good advice. Think about it this way. If the dealer has an Ace, and you are NOT counting cards, how many cards out of 13 will give him a blackjack? Only 4 right, because there are only 10, Jack, Queen, and King cards.

When they dealer's up card is an ace, he will offer the players insurance. The players then have the option to bet up to half their original bet. If it wins, it pays 2 to 1, so the player ends up breaking even on the play. Insurance should not ever be taken unless you are counting cards, at which point it can actually become statistically one of the best play adjustments you can make. Surrender is only offered in some casinos, and is an option for the player to give up half his bet after being dealt his first two cards.

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Surrendering can actually be the correct play without counting cards. If your casino offers surrender, make sure to use a basic strategy card that tells you when to make the play. Insurance is only available when the dealer's visible card is an Ace. Before the dealer checks the other card, insurance is made available.

You are allowed to insure up to half of your original bet that the dealer has BlackJack. If the dealer does not have 21, you loose the insurance bet. Most people say that insurance is a sucker bet and you should never take it. I disagree but only if you have 20 showing in your hand. If the dealer does not have 21, the odds are in your favour that you'll win that hand.

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