Blackjack insurance: Explanation and payout - Is it worth it?
Blackjack insurance: Explanation and payout - Is it worth it?

Blackjack insurance: Explanation and payout - Is it worth it?

Here you can find out everything you need to know about the blackjack insurance you need to know. You will receive a simple explanation and valuable Tipshow you use them.

What is blackjack insurance? 🤔

Black Jack Insurance - Insurance versus Dealer Hand

Black Jack insurance is a Side betthat you can complete when the dealer's face-up card is a Ace is. It is offered to you before the dealer checks his face-down card. The idea behind this is that you protect yourself against the possibility of the dealer making a blackjack (a total score of 21 with two Cards) has.

Important points:

  • Insert: The insurance costs half the price of your original Use.
  • PayoutIf the dealer actually has a blackjack, the insurance is paid out 2:1.
  • LossIf the dealer does not have a blackjack, you lose your insurance bet.

Interesting statistics

According to a study by the MIT Blackjack Team, the average house edge in blackjack is 0.5%. With insurance, this rises to over 2%.

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Insurance myths and misunderstandings 🃏

Blackjack insurance: explanation and payout - is it worth it? - June 5, 2024

Many players believe that insurance gives them a big advantage, but this is a common misconception. Some also think that insurance helps them minimize their losses, but in the long run it costs more than it earns.

Common misunderstandings:

  • It's a safe betNo, she has a high house advantage.
  • It protects against lossesNo, you often lose more through insurance.

Tips from experts 🎓

Blackjack insurance: explanation and payout - is it worth it? - June 5, 2024

Renowned blackjack experts such as Arnold Snyder and Stanford Wong recommend only using insurance under certain conditions. For example, if you are an experienced card counter and can use the distribution of cards in the deck to your advantage.

Expert advice:

  • Arnold Snyder: Avoid the insurance if you do not have more professional card counter.
  • Stanford Wong: Only use the insurance if the Decks are rich in 10-value cards.

When should you use the insurance? 🕵️‍♂️

Strategically, insurance is often a bad bet. The probability of the dealer having a blackjack is about 30.8 %. This means that most players lose more in the long run than they winif they are constantly taking out insurance.

Expert tips:

  • For professionals only: If you count cards and know that there are a lot of 10-value cards in the deck, it might make sense to use the insurance.
  • Casual player: For most players, it is better to avoid insurance.

The math behind the insurance 📊

To understand why insurance is usually not a good idea, let's take a look at the math. If the dealer shows an ace, there are 16 cards in the deck that are worth 10 (10, J, Q, K) and 36 cards that are not. This means that the probability of a blackjack is about 4:9.


  • Probability of a blackjack4/13 (30.8 %)
  • House advantage with insurance: Over 7 %

The effect of insurance on the total stake 🎲💸

Suppose you play 100 hands of blackjack with a stake of 10 euros each. You decide to take out insurance every time the dealer shows an ace. The insurance costs you half your stake, i.e. 5 euros per hand.

Profit calculation with insurance

  • Insured hands (30% of cases):
    • Use per hand: 10 Euro
    • Insurance per hand: 5 Euro
    • Insurance payoutRatio 2:1
    • Total gains from insurance: 30 x 15 Euro = 450 Euro
    • Total stake (insurance): 30 x 5 Euro = 150 Euro
  • Uninsured hands (70% of cases):
    • Hands won (34)34 x 10 Euro = 340 Euro
    • Lost hands (36): 36 x 10 Euro = 360 Euro
    • Insurance costs: 70 x 5 Euro = 350 Euro

Overall result

  • Total profit (insured hands)450 Euro - 150 Euro = 300 Euro
  • Total loss (uninsured hands)360 Euro - 340 Euro - 350 Euro = -370 Euro
  • Final result after 100 hands300 Euro - 370 Euro = -70 Euro

Example 2: Comparison without insurance 🃏💼

Now let's look at how your profits change if you forgo the insurance.

Profit calculation without insurance

  • Use per hand: 10 Euro
  • Total stake (100 hands): 100 x 10 Euro = 1000 Euro
  • Hands won (34)34 x 10 Euro = 340 Euro
  • Lost hands (36): 36 x 10 Euro = 360 Euro

Overall result

  • Final result after 100 hands340 Euro - 360 Euro = -20 Euro


Without the insurance, you will only lose 20 euros after 100 hands, compared to the 70 euros lost due to the additional insurance stake.


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Example 3: Long-term effects and strategies 📊🧠

The calculation shows that the insurance may appear attractive in the short term, but leads to losses in the long term. The house advantage is increased by the additional costs of the insurance.

Strategies for maximizing profits

  1. Waive the insuranceStatistically speaking, insurance leads to more losses than gains.
  2. Use the Basic StrategyThis optimizes your decisions based on the dealer's face-up card.
  3. Bet on card countingExperienced players use this technique to optimize their bets and decisions.

🃏 Frequently asked questions

What is a blackjack insurance bet?

A bet you place when the dealer has an ace as a face-up card to cover yourself in case the dealer has a blackjack.

How does the Blackjack insurance bet work?

You bet that the dealer has a blackjack. If so, you win 2:1; if not, you lose the stake.

When should I place an insurance bet?

Only in certain situations, e.g. with a high true count or if you have a blackjack yourself.

Are there strategies for the insurance bet?

Yes, like counting cards and using strategy tables.

Are there alternatives to insurance bets?

Yes, e.g. other casino games such as Roulette or Baccarat.

How can I improve my blackjack skills?

Learn Strategy tables, manage your Bankroll and keep your emotions under control. There are many books and online resources for improvement.

Conclusion: Should you take the insurance? 🏁

In most cases, the answer is no. Insurance is not a worthwhile bet for most players. It is expensive and brings no long-term benefits. Stick to the basics instead Strategy and improve your game without betting on side bets such as insurance.

Further topics to delve into 📚

  1. Basic blackjack strategies
  2. How to count cards
  3. Progressive betting systems in blackjack
  4. How to use the House edge in blackjack minimized
  5. Differences between online and offline blackjack

Blackjack insurance can seem tempting, but with the right information and strategies, you can make smarter decisions and improve your game. Happy playing and good luck on Table! 🃏✨