Hedge you blackjack bets like a true gambler! Learn about insurance in blackjack with this free video clip about becoming a blackjack card dealer. Expert: Melissa Powell Bio: Melissa Powell works with the Dealer Dolls located in Los Angeles CA, and she has been dealing Blackjack and delighting her clientelle for for over two years. Filmmaker: Louis Nathan
7 Responses to “How to Be a Blackjack Dealer : What is Insurance in Blackjack?”
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April 24th, 2010 at 6:34 pm
So let me get it straight
So dealer has an ace
The player pays insurance;
If the dealer has a blackjack the dealer takes the insurance which is half.
If the dealer has a 20 (exemple) and wins (s)he takes the normal bet and let the player keep the insurance
Right?
April 24th, 2010 at 6:48 pm
Er… So, according to her explanation, if I place an insurance bet, the best possible outcome is that I get my stake back. What kind of idiot makes a bet on which they can’t possibly make a profit?!?
I challenge the presenter of this video to the following little game. You put twenty bucks on the table and roll a die. If you roll a one, I take your money. Otherwise, you get to keep it. Wanna play? The odds for you are twice as good as the odds for the player in your version of insurance bets!
April 24th, 2010 at 7:36 pm
the chance is 20 out of 52. 20 cards are worth 10 32 are worth less
April 24th, 2010 at 8:13 pm
Insurance is a sucker bet! The casinos almost never offer a bet to the player unless it has a house edge. The house edge in taking insurance is 5.8% in 1 deck games and over 7% in multiple deck games. An exception can be made to card counters. They know for sure when to take insurance. As for the casual player with basic strategy at best, don’t you dare take insurance!
April 24th, 2010 at 9:08 pm
Example, players inital bet was $10, they placer an insurance bet of half ($5) and the dealer turns over the natural, the player gets $10 from the insurance but loses their original stake, meaning they ar $5 down as they bet $15 in total but got $10 back. If the dealer didn’t have a natural then they lose the insurance, meaning the only win $5 as they’re total bet was $15 but they only get $20 back.
April 24th, 2010 at 9:59 pm
You’ve explained it wrong, if a player places and insurance bet and the dealer hits a natural they get 2:1 odds, so they only lose half the bet.
April 24th, 2010 at 10:31 pm
i was wondering when the player wants an insurance does he loses only the insurance money instead of his whole bet if the dealer does get a blackjack?