Insurance in blackjack

Mobile blackjack

Mobile casino & gaming

There are some online casinos which offer mobile games. Blackjack is one of the most popular mobile casino games. It's very easy to begin. Usually you select your country, your phone number and then you download a casino software. Most of the games can be played for free which gives you enough time to get used to it before you place your first bet.

Play mobile blackjack | Download mobile blackjack |  Free mobile blackjack

When playing blackjack either in a land casino or online, there is a situation that can arise where the casino appears to be offering you the hand of friendship or helping you out of a difficult situation. Or trying to rip you off. It all depends on your interpretation of the situation.

This is in the instance when the house offers you “insurance” when the player are holding a blackjack and the dealer has an ace showing. Before the house draws their hole card they will offer player with blackjack the chance of taking “insurance” of the dealer also drawing a face card or a ten and making blackjack. This generous offer entails the player betting a further 50% of their bet as insurance against the bank hitting blackjack. And what does this mean for the player?

It means that if the house draws blackjack, they stand pat on their original bet and get even money on their insurance. In other words, if their original bet was for $20.00 and the paid a further $10.00 insurance, they would be left at the end of the hand with $40.00, of which $30.00 was their total stake, and $10.00 was profit.

If the player decides to take insurance and the dealer draws blackjack, then the player breaks even. All they are left with is their stake money and a feeling of what might have been.

If the player decides not to take insurance and the house draws any other hand than blackjack, the player gets odds of at least 6.4 on their money. In other words, for a stake of $20, the player will be left with $50 or a clear $30 profit Translated into percentages, it means 150%. The best odds you will ever get in blackjack. Why pass up the opportunity?

So when does taking insurance become worthwhile? When a player who has been not necessarily counting cards, but playing close attention to how they have been coming out of the pack has observed that a lot of face cards and tens have been already dealt. That means that it is statistically possible that the remaining cards in the pack will be lower level and that their blackjack is going to pay out to its full value. On the other hand if the bulk of the cards that are being dealt are not tens or faces, then the likelihood of the dealer making their blackjack is almost inevitable. In this scenario, the smart blackjack player will accept the fact that his moment of glory is over, pay the insurance, and like to fight another day with at least some profit.

Players who play blackjack regularly become cynical in time. They have recognized the fact that the offer of insurance is no free gift. Instead it is another attempt by the casino to continue to turn the odds in their favor.