Blackjack Insurance Bet: How it Works and When to Use It

As you continue to bet on blackjack, one common term you’ve always heard is “insurance” bet. Its main goal is to protect players against the dealer having blackjack. But then, it also begs the question: Is it really worth it? Can beginners opt for this bet? And most importantly, how does it even work in the first place?

In this another article at Tisportal, we’ll cover all of that. Discover a promising online blackjack Singapore today, and who knows, it might be the best way to test your strategy and start winning real money!

What Does Insurance Mean in Online Blackjack?

In the game of online blackjack, insurance refers to a side bet offered when the dealer’s upcard is activated, when the dealer has an Ace. 

It can be referred to as a safety net for players who think that the dealer has claimed a blackjack—a hand with a total of 21 by combining an Ace and a card of ten or any card valued at ten. Players taking insurance are placing a bet on the dealer’s down card being a ten-point value.

The idea of an insurance bet is simple: If you want insurance, you will place a second bet that is as much as half your first bet. If the dealer has a blackjack, the insurance bet is paid at 2 to 1; in other words, you will get back the amount of your original bet.

On the other hand, if the dealer does not have the blackjack, you will lose the insurance bet, and the game will go on as usual.

While it may appear alluring to cushion your losses, it is crucial to use it cautiously. Knowing when to take insurance is what separates playing it safe from taking a gamble.

How Does Insurance Work When Betting in Blackjack?

We hate to break it to you, but an insurance bet isn’t something that you can just opt for without having a proper grasp of its concept. So, if you’re planning to use this strategy as you bet on blackjack or trusted online casino games in general, this section of the article will dive into its basics for your better understanding.

If you are playing blackjack online and the dealer displays an Ace, the insurance option will be offered to you quite frequently. This is a side bet that guarantees you in case the dealer's covered card is a ten-value card, which results in a natural blackjack for him/her. 

The insurance bet is generally half of your original stake, and in case the dealer has blackjack, you get paid out 2 to 1. In a nutshell, it’s a way of limiting your losses when the odds are against you.

To make it even clearer, we present here a step-by-step guide on how insurance works in blackjack betting:

1. Dealer Shows an Ace: The moment the dealer’s upcard is an Ace, players at the table will be allowed to take insurance before any other actions are taken.
2. Place the Insurance Bet: If you decide to take it, you will place an extra bet equal to half of your primary bet.
3. Dealer Checks for Blackjack: The dealer will look at his/her face-down card.
4. If the Dealer Has Blackjack: Your insurance bet pays 2 to 1, which implies that you will get back your initial bet even though the round is officially lost.
5. If the Dealer Doesn’t Have Blackjack: You lose the insurance bet and the game proceeds normally with your main hand.

Pros and Cons of Taking Insurance in Blackjack

Regardless of the strategy you opt for, as long as you bet in a casino online, it always comes along with certain risk. So, before you finally decide whether to consider an insurance bet, let’s first explore the pros and cons that you may encounter in this online blackjack Singapore. 

Rewards of Blackjack Insurance

• Protects against the dealer’s blackjack
• It can give you an additional payout
• Peace of mind for strong hands

Risk of Blackjack Insurance

• It can increase the house edge
• Distraction from basic strategy
• Only wins when the dealer has blackjack

Should You Take Insurance in Blackjack? 

While this sounds like a promising blackjack strategy, it’s not something that you must opt for mindlessly. The common misconception is that once you decide to go for an insurance bet, it can protect you from losing. Because that couldn’t be further from the truth. 

In the end, it does not impact the outcome of the main bet. Its main purpose is to lessen the potential losses if the dealer has a blackjack, but not entirely. 

Especially, since insurance can increase the house edge, you must only use this under certain circumstances, including the following:

• Suppose you’re an experienced blackjack punter and are not a beginner.
• Suppose you understand the current odds, there’s a higher chance of many ten-value cards remaining in the deck.
• Suppose  you have blackjack yourself
• Suppose you want to increase the level of excitement for your gameplay.

Where to Start with an Insurance Bet in Blackjack?

If you ever do decide to try an insurance bet, let’s make sure that you can do this in the top online casino Singapore. 

Here at Tipsportal, as your betting tips website, rest assured that we also have your back for the best platform for you to get started. Whether you want to apply what you learn in insurance bets or just bet in blackjack and other casino games, here’s the list of casinos online that you can consider!

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