Insurance bet

[madhatter]

Ok a recap on basic blackjack strategy. Here's the scenario.

Dealer hands the cards to everyone. When he finishes I get an ace and a jack. Bingo! Blackjack baby. I am smiling to my ears on the sure win. Alright, so the dealer flips one of his cards and out comes an ace. Uh-oh... he stops, turns at me, asks if I want an insurance. Should I take it or not?

[Warren]

Most will say not to take the insurance bet when it is offered to you. The odds the house will not get a blackjack is in your favor by about 69%. So it is wise you do not take it. If the house will get a blackjack, that's a standoff so you get your money back. Nothing is lost. If you win on the other hand, that's a 3:2 payout, considering that is the table rule. Always it is better not to take the insurance bet and many will agree.

[mBordz]

*Agrees to Warren*

Don't take the insurance bet. That's bad play. Read around tips and suggestions about insurance bets and you will find out that most will suggest not to take it.

[Leonidas]

live a little and gamble lots.... hahahaha...

just don't lose the house or the kids' college fund!