If you ever had a chance to play Blackjack, you have surely noticed that the main rules of this exciting game were written on the table. In addition to these, the writing also describes regular payouts as well as those awarded by the insurance bet.
It does seem a bit odd that casino would offer a bet whose aim was not only to protect players but also increases their chances of scoring a win, as usually, casinos tend to promote activities that benefit them. And the reason is simple: the insurance bet may not be as beneficial for players as it appears.
What is the Insurance Bet
The very name of this bet can give players the wrong idea. It does lead them to think bet they are making is related to the Blackjack hand they’re playing. The reality is different, as insurance is one of the available side bets, offered only when the dealer’s upcard is an ace.
If such a scenario occurs, the dealer will ask punters if they want to place the insurance bet. Doing so will offer protection against the dealer getting a natural blackjack. Players can opt to buy insurance, but they are not obliged to place the bet if they don’t want to.