Why Insurance is Never a Good Bet in Blackjack?

Blackjack insurance is never considered a good bet because it doesn’t provide huge returns in the long run. Mainly, you need to understand that the house’s edge in Blackjack isn’t fixed and fluctuates depending on the bets you make and the strategy executed. An insurance bet plays a crucial role in increasing the house edge of your game.

Before you find out the main reasons why to avoid Blackjack insurance, it is important to understand when you should try it out. However, gaining knowledge about the basics of Blackjack insurance forms the main essence of this guide.

What is meant by Blackjack insurance?

Insurance is referred to as balanced money in Blackjack, known as the side bet, offered to a player when the dealer’s card shows up as an ace. Interestingly, the bet is half the money of the initial bet for the deck. You will get paid in the ratio of 2:1, if the dealer has a high chance of getting a natural Blackjack (21 from their first two cards). It means that the money which you have lost on your main bet will be covered by the payout from the insurance bet. Also, the game is available in several variations usually offering payouts of 200+ odds.

As a player, you can lose the insurance bet if the dealer doesn’t have any Blackjack, which results in the game continuing as usual.

Frequently, the house edge on insurance varies from 5.88% for single decks to 7.47% for eight decks. Especially, players who are good at counting cards can take advantage to make better decisions on whether to take insurance or not.

For instance, a dealer’s probability of having a Blackjack with an Ace card is 31.5% and if you make an insurance bet, you can expect a loss of -48.7% and a profit of 31.5%. This means that you will lose more often rather than win the game.

When Should you prefer for Blackjack Insurance?

Although taking insurance in Blackjack can be risky, it can be the best way to protect your position against the dealer’s Blackjack. To make the best decisions, you need to be familiar with when and why to take insurance in Blackjack:

Dealer Showing an Ace:

There are higher chances of having a Blackjack if the dealer’s card shows an ace. You can increase your winning chances by taking insurance, no matter if the dealer has Blackjack. However, you will still have a chance to win the hand, even if the dealer doesn’t have any Blackjack, but you will certainly lose the insurance bet.

Low Hand Bets:

If you have a low hand (total of your two cards less than 16), then you need to opt for insurance bets. By failing to do so, you are likely to lose more money by drawing another card and taking insurance can be the best promising option to diminish your losses.

21+3 Side Bet:

Typically, the 21+3 side bet in Blackjack focuses on the side bet based on the concept of a poker hand. This is like a mini-game that allows you to wager on the dealer’s first card and the first two cards to form a good 3-card poker hand. You can bet 10,000 times your bet to grab the best payout.

Super 7 Side Bet:

The Super 7 side bet concept encourages you to grab one or two 7s of a similar colour or suit. The payout odds vary from +300 for a single 7, +5,000 for double 7s and a special range of +10,000 if both the 7s are of the identical colour.

The K-Q Pairing:

This is another type of side bet known as the “Royal Match Blackjack Side Bet”, where you can benefit from the best outcome through the K-Q pairing. You can receive the highest possible payout with +2,500 odds. Although it is similar to the side bet concept of 21+3, you need to place the amount before the round commences.

Why Should You Avoid Insurance in Blackjack? Main Reasons Revealed!

One of the main reasons why you should avoid insurance in Blackjack games is because of the lower success rates of the odds. Since the dealer’s chances are upto 30% of getting a Blackjack, your losing rate is higher than winning. On the other hand, this bet might favour you only in rare situations. However, it is a poor strategy to implement continuously for multiple bets.

If you’re playing Blackjack due to its lower house edge, the insurance betting might be an obstacle, particularly in games with greater than six decks, which can increase the house edge from 2% to 7%. Whereas, in the online version of Blackjack, every game possesses six and eight decks. 


Overall, insurance in Blackjack is considered a bad bet since the dealer’s odds have a slight chance of having a natural Blackjack. Consequently, there are higher chances of losing more money than winning through the insurance bet. At the same time, there is an added advantage of including some extra funds if you’re playing consistently or planning to expand your bankroll more broadly. If you’re planning to take insurance in Blackjack, it is recommended not to prefer if the house edge is too high (8.5% or greater).

Conclusively, it is recommended to skip taking insurance if you doubt that the dealer doesn’t have a Blackjack.

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