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Blackjack Terms: Insurance
What does it mean to buy "Insurance" at the Blackjack tables? Buying insurance is a side bet which is available when the dealer's up card is an Ace. When you are buying insurance you placing a bet that the dealer has an face card in the hole, giving the dealer a Blackjack. The bet is equal to half your initial wager. The dealer will pay out the insurance bets once the dealer has checked his hole card to see if he has a Blackjack. If the dealer doesn't have a Blackjack all the insurance bets will be collected and the game will proceed like a normal hand. There is a house advantage in buying insurance so it is recommended to not buy insurance at the Blackjack tables.
Buying insurance
You decide to buy insurance
Dealers Up Card
The dealer has a BJ, you win the insurance bet, but lose your wager!
Dealers Up Card
