# Blackjack Insurance

Discover the world of blackjack insurance at the top 7 live online casinos in the USA. This article explores its definition, strategies, and house edge.

Plus, find the best live dealer sites for an immersive blackjack experience. Up your game and dive into the excitement of playing with a live dealer!

## What Is Blackjack Insurance

Blackjack insurance is a side bet in which you wager that the dealer will have a blackjack hand. Many players have different strategies when it comes to blackjack insurance.

Some believe that taking insurance can protect them from losing their initial bet if the dealer has a blackjack. However, this is a common misconception about blackjack insurance. In reality, the odds aren’t in your favor when it comes to taking insurance. The house edge for insurance can be over 7%, making it a risky bet.

It’s generally recommended for beginners to avoid side bets like insurance. Advanced players with strategic skills, such as card counters, may consider insurance, but it’s important to note that finding a variant with fewer decks can be beneficial for card counting purposes.

## Pros and Cons of Blackjack Insurance

There are both advantages and disadvantages to considering blackjack insurance. One advantage of blackjack insurance is the potential for a higher payout rate of 2 to 1 if the dealer has a blackjack. This can be enticing for players who want to protect their initial bet.

However, the disadvantages of blackjack insurance outweigh the benefits. The house edge for insurance can be over 7%, making it a risky proposition. Additionally, basic strategy charts don’t recommend taking the insurance bet, as statistically, it’s never a good time to do so. Experienced players often advise against taking insurance, as it increases the likelihood of losing the extra 50%.

## How to Calculate the House Edge for Blackjack Insurance

To calculate the house edge for blackjack insurance, you need to consider the number of card decks in play and the likelihood of the dealer having a blackjack. Here’s how you can calculate it:

1. Determine the number of card decks in the game.
2. Find the number of winning cards for the insurance bet. This is the number of 10-value cards in the remaining decks.
3. Calculate the probability of the dealer having a blackjack by dividing the number of winning cards by the total number of remaining cards.
4. Multiply the probability by the payout rate of 2 to 1 to get the expected value for winning the insurance bet.
5. Subtract the expected value from 1 to find the house edge.

It’s important to note that card counting can have an impact on the insurance bet. Skilled card counters can adjust their strategy based on the count and make more accurate predictions about the likelihood of the dealer having a blackjack. This can increase their chances of winning the insurance bet and lower the house edge.

## Top 7 Live Dealer Sites for Blackjack Insurance in the USA (2023)

You can find the top 7 live dealer sites for blackjack insurance in the USA in 2023.

When it comes to playing blackjack insurance, it’s important to choose the best live dealer platforms that offer a seamless and immersive gaming experience. These sites provide a realistic environment where you can interact with professional dealers and other players in real-time.

As for strategies for playing blackjack insurance, it’s generally recommended to avoid taking this side bet, as it increases the likelihood of losing money in the long run. Experienced players advise against insurance at all times, as statistically there’s never a good time to take it.

Therefore, it’s crucial to make informed decisions and prioritize your bankroll management while playing blackjack.

Rank
Casino
Bonus
Payout %
Visit
1
150% up to \$750
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##### Tuah bin Razak

Tuah is an experienced writer and casino enthusiast with 12 years of industry knowledge. With a degree in Journalism, he delivers objective and comprehensive casino reviews, covering game variety, user experience, security, and customer support. From slots to blackjack, roulette to poker, Tuah's expertise guides both beginners and experienced players in making informed decisions. Expect engaging articles providing valuable insights for an enhanced online gambling experience.