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🖐 Side Bets, Insurance, and Even Money - Blackjack - Gambling - Page 1 - Forums - Wizard of Vegas

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Insurance would be an even bet if the dealer (when showing an ace) completed a blackjack one-third of the time. However, only 30.8 percent of cards have a value of 10 in blackjack. Over time, you will lose money if you continually take insurance because the casino is only paying out 2-1 on an event with 9-4 odds.


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How to Win Blackjack Every Time REVEALED

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The player's blackjack pushes against the dealer's blackjack. The net is 1:1 of the player's initial bet, but it is not a bet that pays 1:1 (after all,the player is betting additional money) and so the shorthand used by dealers and players is "Even money". The additional bet pays 2:1, just like insurance on every other hand.


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blackjack insurance even money

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As far as I know, even money is offered when Player has blackjack showing and Dealer shows an Ace. If accepted, player gets a 2 to 1 payout....


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WHAT IS BLACKJACK INSURANCE

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If he does, your insurance is paid 2 to 1 but your original bet is lost (meaning you break even for the hand). If he does not have Blackjack, you lose your insurance. Even Money. If you have Blackjack and the dealer has an ace showing, the dealer will offer you even money for your Blackjack (instead of 3 to 2).


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blackjack insurance even money

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The player's blackjack pushes against the dealer's blackjack. The net is 1:1 of the player's initial bet, but it is not a bet that pays 1:1 (after all,the player is betting additional money) and so the shorthand used by dealers and players is "Even money". The additional bet pays 2:1, just like insurance on every other hand.


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Taking Even Money is exactly like making an Insurance bet on your blackjack hand. Let's assume you could place an Insurance bet on your $100 blackjack hand. You'd place $50 on the Insurance line and the dealer does not get blackjack - he'll take your $50 and pay you $150 for your blackjack hand, for a net profit of $100 for you.


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Fully insuring a blackjack against blackjack is thus referred to as "taking even money", and paid out immediately, before the dealer's hand is resolved; the players do not need to place more chips for the insurance wager.


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Is it a good idea to do side bets e.
Perfect Pairs - Blackjack, Pot of Gold - Free Bet Blackjack ever?
Is it a good idea to ever take insurance or even money during the course of play?
I'm asking this based on using Perfect Basic Strategy throughout the course of play.
Quote: ryanp Is it a good idea to do side bets e.
Perfect Pairs - Blackjack, Pot of Gold - Free Bet Blackjack ever?
Is it a good idea to ever take insurance or even money during the course of play?
I'm asking this based on using Perfect Basic Strategy throughout the course of play.
Only one that's worked for me IRL blackjack insurance even money the wheel spin of various structures they have on some BJ tables e.
The bet depends on getting at least one Ace dealt even money and getting a BJ gets you a spin.
If you side-count the Aces in the shoe, there is a +EV point sometimes.
I say that as a seldom-BJ player.
There are others, blackjack insurance even money go here who know lots more than I do, but that's one example.
One caveat would be to always blackjack insurance even money even money if it is offered at a 6-5 table.
Note the only place I have seen this is on a cruise ship.
But, other than that, all side bets and insurance blackjack insurance even money carry a higher sometimes obscenely higher house edge than the base game.
I have heard the some side bets and insurance can favor the player in certain counts, but Blackjack insurance even money not a counter.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood?
Religion is nothing more than organized superstition.
Whenever Blackjack insurance even money play Blackjack and don't play the side bets, I usually get grief from either the dealer or one or more of the players.
The dealer wants you to play the side bets so that the casino can make more money from you.
The players want you to play because they think that you will make up for your losses on your regular bets.
The house edge on side bets are much, much higher than the regular bets.
I think it is 10.
In the end, you actually lose way, way more!
Quote: Joeman One caveat would be to always take even money if it is offered at a 6-5 table.
Note the only place I have seen this is on a cruise ship.
But, other than that, all side bets and insurance will carry a higher sometimes obscenely higher house edge than the base game.
By my calculation taking even money would reduce house edge by about 6 basis points, which is a very small dent in the 6-5 edge.
Incidentally, taking even money in a 3:2 game increases house edge by about 1 bip.
It would probably take a few lifetimes of playing for those few bips to make any discernible difference.

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Even money is usually blackjack insurance even money the cumulative effect of gambling near daytona beach more than one bet. Casinos have fooled players into believing this is a good bet because it “insures” or “protects” their main bet from losing against a dealer’s blackjack.


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Statistically speaking, there are 9 cards that do not make Blackjack for the dealer, and only 4 cards that make Blackjack. The casino is paying out 8:4 (or 2:1) on a 9:4 event. You will lose money over time if you take insurance. I have on occasion taken even money, but only when I have a large bet on the table that will make a significant.


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Insure Blackjack only - Some casinos in Europe, in particular England, allow insurance bets only when the player has a Blackjack. This is not really Insurance but Even Money. Insurance for full amount - This unusual Blackjack rule allows an Insurance bet equal to the value of the original bet. It is a good bet for card counters.


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Blackjack Insurance Insurance is a word that most people are familiar with.
You buy insurance just in case you get in a car accident with an uninsured driver, just in case you die and just in case you break your arm after falling off your ladder while hanging Christmas lights.
You pay a premium up front and if or when the inevitable happens, the insurance companies takes care of most of the cost.
With traditional insurance in mind, I think a lot of players confuse what insurance is as a side-bet in blackjack.
Insurance in blackjack is not as good as it appears.
My goal for this article is to explain exactly what blackjack insurance is, and why you should avoid it like the plague.
Insurance is a side-bet that dealers offer to players whenever they have an ace showing.
The idea behind insurance is to protect your bet just in case the dealer has a blackjack.
How Does Insurance in Blackjack Work?
This is before they check for a natural blackjack insurance even money />If you take the insurance you can wager as much as half of your original bet.
Once the insurance bet has been placed the dealer will then check for a blackjack.
However, unless you have a blackjack, too, you will still lose your original bet, breaking even overall.
Another insurance-like situation you may find yourself in is if you have a natural blackjack and blackjack insurance even money dealer has an ace showing.
The dealer will offer you even money on your bet.
Either way, you walk away with an even money win.
So… Should You Take Insurance or Even Money Side-Bets?
Experts recommend that you pass on insurance bets.
The reason why passing on blackjack insurance even money in blackjack is recommended is because the dealer will only show up with a blackjack 30.
However, to breakeven on the insurance bet you need a 10-point card to show up 1 out of 3 blackjack for free or real money 33%.
There are exceptions, blackjack insurance even money course.
So if the deck is rich with 10-point cards it would make sense to take the insurance bet.
https://us-park.info/blackjack/play-blackjack-play-money.html, or vice versa.
At the end of the day, though, taking insurance is going to https://us-park.info/blackjack/how-to-play-online-blackjack-for-money.html a -EV bet for the majority of players.
So unless you know how to count cards you should avoid taking the insurance bet in blackjack like blackjack insurance even money plague.
Unless you like losing, of course.

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Even money bet protects the player from a push if the dealer has a blackjack. In case the dealer does have a blackjack, the player will push on the original bet and get a 2 to 1 payout on the even money side bet. However if the dealer does not have a blackjack, the player will be paid 3 to 2 on the original bet and lose the even money bet.


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If the player has a blackjack and takes insurance, he wins one unit either way and what the dealer is essentially saying is, "Look, if you take insurance, you're going to win one to one regardless if I have a blackjack. I may as well just pay you now before I even check what I have.”


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Why You Should Never Make the Blackjack Insurance Bet with Blackjack Expert Henry Tamburin

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Blackjack Insurance and Even Money. Insurance is a pretty well-known concept in blackjack, put simply, with insurance a player would insure themselves against losing their bet to a dealers blackjack. As well-known as it is it is not very well understood.


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If he does, your insurance is paid 2 to 1 but your original bet is lost (meaning you break even for the hand). If he does not have Blackjack, you lose your insurance. Even Money. If you have Blackjack and the dealer has an ace showing, the dealer will offer you even money for your Blackjack (instead of 3 to 2).


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blackjack insurance even money

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Blackjack Insurance and Even Money. Insurance is a pretty well-known concept in blackjack, put simply, with insurance a player would insure themselves against losing their bet to a dealers blackjack. As well-known as it is it is not very well understood.


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One caveat would be to always take even money if it is offered at a 6-5 table. Note the only place I have seen this is on a cruise ship. But, other than that, all side bets and insurance will carry a higher (sometimes obscenely higher) house edge than the base game.


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Is it a good idea to do side bets e.
Perfect Pairs - Blackjack, Pot of Gold - Free Bet Blackjack insurance even money ever?
Is it a good idea to ever take insurance or even money during the course of play?
I'm asking this based on using Perfect Basic Strategy throughout the course of play.
Quote: ryanp Is it a good idea to do side bets e.
Perfect Pairs - Blackjack, Pot of Gold - Free Bet Blackjack ever?
Is it a good idea to ever take insurance or even money during the course of play?
I'm asking this based on using Perfect Basic Strategy throughout the course of play.
Only one that's worked for me IRL is the wheel spin of various structures they have on some BJ tables e.
The bet depends on getting at least one Ace dealt even money and getting a BJ gets you a spin.
If you side-count the Aces in the shoe, there is a +EV point sometimes.
I say that as a seldom-BJ player.
There are others, and people who know lots more than I do, but that's one example.
One caveat would be to always take even money if it is offered at a 6-5 table.
Note the only place I have seen this is on a cruise ship.
But, other than that, all side bets and insurance will carry a higher sometimes obscenely higher house edge than the base game.
I have heard the some side bets and insurance blackjack insurance even money favor the player in certain counts, but I'm not a counter.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood?
Religion is nothing more than organized superstition.
Whenever I play Blackjack and don't play the side bets, I usually get grief from either the dealer or one or more of the players.
The dealer wants you to play the side bets so that the casino can make more money from you.
The players want you to play because they think that you will make up for your losses on your regular bets.
The house edge link side bets are much, much higher than the regular bets.
I think it is 10.
In the end, you actually lose way, way more!
Quote: Joeman One caveat would be to always take even money if it is offered at a 6-5 table.
Note the only place I have seen this is on a cruise ship.
But, other than that, all side bets and insurance will carry a higher sometimes obscenely higher house edge than the base game.
By my calculation taking even money would reduce house edge by about 6 basis points, which is a very small dent in the 6-5 edge.
Incidentally, taking even money in blackjack insurance even money 3:2 game blackjack insurance even money house edge by about 1 bip.
It would probably take a few lifetimes of playing for those few bips to make any discernible difference.

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First, the concept of insurance and even money are mathematically identical. When you play the insurance side bet when you have a blackjack, the name of the side bet changes from “insurance” to “even money”. Rose by any other name,... The insurance is an independent side bet that has nothing to do with your hand.


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Taking even money on a blackjack when dealer shows an A.
Why is it that the basic strategy says to hit on 16 vs.
In blackjack the strategy for 16 vs.
For those readers who may not understand the blackjack insurance even money question, a "Charlie" is a rule in which the player automatically wins if he hits to some number of cards, usually five to seven, blackjack insurance even money online casino slots downloads without busting.
Then I guess they just like the extra work of placing and removing additional bets.
If the player were to double, the expected value of that error would be -0.
This blackjack insurance even money costs half the size of the original bet.
When it comes to bs, i am aware that even money is the same thing as insurance.
PS No, i wasnt blackjack insurance even money of ctr+z tx Did you say this fixes the problem or most likely caused it?
If you have a blackjack and try to place an insurance bet, especially if it for less, the dealer often has no idea what to do.
Don't Take Even Money on Your Blackjacks 6:5 or even money?
This can be one of the more profitable options in blackjack, but don't let overconfidence get the best of you.
All of the other splits and doubles work out.
So the expected value of your hand is 69.
This means they have a blackjack, and you should absolutely insure.
I stated in the explanation to that appendix that I already assume the dealer does not have a blackjack.
For standing on 12 against a 2 or 3 I did not include a player 6,6.
Brett from Richland, USA I took download 99 domino poker android great pains to create my blackjack appendices 9A-9H to answer these kinds blackjack insurance even money of questions.
Las vegas, gambling, forum, discussionThat number blackjack insurance even money jumps to almost 7.
Should I take the even money or In case the dealer does have a blackjack, the player will push on the original bet and get a 2 to 1 payout on the even money side bet.
Win: Blackjack Take the Even Money — Or Not?
Even money on blackjack Even money is nothing but a blackjack insurance in disguise, which in the long run will lead to giving up 4% of your winnings.
Even money is usually blackjack insurance even money insurance even money the cumulative effect of gambling near daytona beach more than one bet.
This is far from the truth because the insurance bet neither increases nor decreases your chance of winning the original bet.
I have taken even money while using Ace coupons but mainly because I can quickly move on If you can't, you're better off keeping it.
My friend I were playing in blackjack insurance even money graz casino austria LV.
I always take it if I have a 3X my betting unit on the table.
Blackjack Featured Game Calculator Blackjack Last Updated: Edit: Oh and +.
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This means that you will blackjack insurance even money reclaim half of your bet and the dealer will keep the other half of your bet.
Both in gambling and in life one must sometimes take cash creek casino jobs short term risks for long term gain.
Isn't how to make poker chips in illustrator that a common blackjack insurance even money fallacy?
From a pure perspective, refuse even money if true count is below +3.
The Wizard of Odds answers readers' questions about Blackjack Thread: Assuming the player https://us-park.info/blackjack/blackjack-code-visual-basic.html put down a £100 chip from his £500 chip stack leaving him with £100 on the table and £400 in the stack.
SilentBob420BMFJ Banned i know at +3 or greater, you take insurance, but what about even money?
This is the first time that has ever happened since I have been playing blackjack.
If you needed a guaranteed winner that badly, you opinion blackjack gameplay logically overbet your bankroll.
First off, the underlying assumption before this question is that hitting on a soft 17 is an advantage to the dealer.
Mimic source dealer: 21formeJun 12, 2009 14 You must log in or sign up to reply free or real money />Since you are not playing infinite number of decks, the actual edge depends on the number of decks and the count.
This game must be simmed.
But it is important to remember that you are only playing against the dealer.
Then, the player may hit, stand, or double normally.
After all, the goal is to maximize your overall return i.
Remember the insurance bet is simply a side bet as to whether the dealer has blackjack Blackjack Insurance: You can follow any responses to this entry through the RSS 2.
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I should only take even money with a TC of +3 or more?
First off, the underlying assumption before this question is that hitting on a soft 17 is an advantage to the dealer.
For example, in a single deck game, if you know that one 10 value-card is out, vs.
The more tens and face-cards in the deck, the more likely it is for the dealer to hit a blackjack.
I assume you would hit more if you were one card away from a Charlie against an ace, since it is so unlikely for the dealer to bust, but I would love to see specific instructions.
Take The Money and Run.
To get around the glaring visual of not taking even money, I sometimes take Insurance for less 10% to 20% of the bet when I have blackjack at a non-qualifying count.
Your original bet is being pushed and you therefore only receive that stake back.
I follow your 4+ deck Blackjack basic strategy 100% of the time and I always get dirty looks whenever I hit my 12 against a dealer 2 and especially a 3.
You should do this is you think the dealer has a blackjack as well " Thou shalt not hedge thy bets.
Privacy policy About Wikipedia Disclaimers Contact Wikipedia Developers Cookie statement Mobile view Neither even money nor insurance bets are good bets.
Pin It Tags: You have far and away the best gambling site on the 'net.
Archived from the original on March 17, blackjack insurance even money 2016.
However, when splitting aces, each ace gets only one card.
Ever since my book was published it has bothered me that the cost in errors to my Simple Strategy was too high.
Therefore this option is not a part of basic strategy, which is the optimal blackjack strategy to use based on the most profitable mathematical decisions.
I was the BJ guy of our group and so my friends started to ask me about that.
You lose nothing, you gain nothing.
EV of taking Even Money is 1 unit.
Your specific hand makes check this out no difference to the insurance bet because it is not involved.
Wiz, this is a spliting 8's against a dealer's 10 question.
When blackjack mobile codes dealer hits a soft 17 he busts more often, making doubling a little safer in this example.

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Fully insuring a blackjack against blackjack is thus referred to as "taking even money", and paid out immediately, before the dealer's hand is resolved; the players do not need to place more chips for the insurance wager.


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These two bets are practically the same, their purpose is to insure yourself against dealer having a blackjack.
The only difference is your hand value in each blackjack insurance even money situation: if you have a natural meaning blackjack then you are offered even money, in all other cases — insurance.
Then, if the dealer reveals a blackjack, you lose your original bet, but paid 2 to 1 on the side bet.
Insurance Rules and Odds 1.
Similar to all side bets, it carries higher house edge than the basic game.
Second, whether insurance is a good or a bad blackjack insurance even money nothing to do with the blackjack insurance even money of your hand.
Furthermore, you know the dealer will get blackjack around 4 out of 13 times, which is 31%.
Are there any exceptions: if you are counting cards then yes.
See the last chapter.
Even Money If the player has blackjack and the dealer is showing an ace, then the player will be offered even money, which means getting paid 1 to 1 on blackjack rather than the usual 3 to 2.
Even money is basically insurance against a push when you have blackjack.
Taking this bet guarantees that you will get a payout, read article after a quick check, you will find that even money is a horrible bet.
The probability of the dealer getting a Ten, Jack, Queen, or King can be counted by seeing how many of these cards are in the shoe.
Even with more decks in the shoe, the probability remains pretty much the same, which is a bit less than 31%.
We will ignore those minor differences in order not to complicate things.
Thus, your chances click at this page winning and getting a payout of 3 to 2 are 69% of the time actually a bit more than that.
So the expected value of your hand is 69.
The only way you can spot this opportunity is by.
For example, in a single deck game, if you know that one 10 value-card blackjack insurance even money out, vs.
In that case insurance and even money are beneficial.
We state that just to complete the picture, but unless you are a card counter, never take insurance in Blackjack.

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Winning the insurance bet while losing the main hand means the player still wins even money. If the dealer does not have blackjack, the insurance bet is lost and play continues normally.


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What To Do with Insurance and Even Money