What is Insurance in Blackjack

Should you not know what blackjack is, it is an exciting card game that has caught the hearts of many casino fanatics. While the game itself is quite easy, there are a few extra features that can add an element of complexity.

But what exactly is insurance in blackjack? How does it work, and it is a smart move to use this option? This post will shed light on it.

What is Blackjack Insurance?

In the game of blackjack, players are often faced with tactical decisions that can significantly influence their chances of victory –  and that is where insurance comes in. 

Insurance in blackjack can be defined as a side bet whereby players have the choice to decide when the dealer’s face-up card is an Ace. This extra bet is a wager on whether the dealer’s hidden card is a ten-value card (i.e. 10, J, Q, or K), which results in a blackjack for the dealer. And if it plays out that the dealer has a blackjack, then the insurance bet pays out at a ratio of 2 to 1.

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Advantages of This Insurance

The main significance of insurance in blackjack is to offer players protection against losing their main bet when the dealer possibly has a blackjack. It is meant to provide some form of security and mitigate possible losses. However, just like any bet, it comes with its risks and conditions.

How Does it Work?

When the dealer’s face-up card is an Ace, players are given the choice to place an insurance bet. This bet is usually half the price of the original wager. Moreover, in a situation where the dealer has a blackjack, the insurance bet will pay out at the ratio of 2 to 1 odd, completely covering the losses on the main bet.

Calculation and Payout

As emphasized earlier, if the player chooses to take insurance and the dealer has a blackjack, the insurance bet will pay out at 2:1. This implies that in an event when you placed a $10 insurance bet, you would get $20 in return. But, if the dealer has no blackjack, the insurance bet is lost, and the main bet is settled as usual.

Risks of Taking Insurance in Blackjack

Since insurance is a way of protecting yourself against setbacks. And the game of blackjack comes with numerous risks which the player needs to take note of before taking the dip.

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Below are some of the risks involved:

  • Taking this insurance bet will cost you extra money. This can only be profitable when you are sure that the dealer has Blackjack and you are willing to pay the additional fee.
  • This policy is only protecting you from losses on one hand – not all hands at the table.  That is, even if you manage to make a little profit, it is not worth it in the long run.
  • You don’t have control over this policy – whether or not the dealer has a Blackjack. It is more or less like a gamble rather than a surefire way of making a return.


1. Is Insurance in Blackjack a Surefire Way to Protect You Against Dealer Blackjack?

No, insurance in blackjack is not a surefire means to give you security against dealer blackjack. It is a different side bet that comes with its oddities and risks. Although it may give some security, it is vital to carefully weigh the entire game situation and analyze the possible turnout before choosing to take out insurance.

2. Are There Different Strategies for Insurance in Blackjack?

Yes, there are alternative tactics to it. One such tactic is identifying the ideal time to split pairs or double down, which can be more beneficial in some situations. 

3. Are There Any Common Misconceptions About Insurance in Blackjack?

There are various mistaken beliefs about insurance in blackjack. One of which is; that insurance is a surefire way to break even or make a profit. 

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