Blackjack Tips Information & Video Source:
Hedge you blackjack bets like a true gambler! Learn about insurance in blackjack with this free video clip about becoming a blackjack card dealer.
Expert: Melissa Powell
Bio: Melissa Powell works with the Dealer Dolls located in Los Angeles CA, and she has been dealing Blackjack and delighting her clientelle for for over two years.
Filmmaker: Louis Nathan
Source: YouTube
You've explained it wrong, if a player places and insurance bet and the dealer hits a natural they get 2:1 odds, so they only lose half the bet.
Example, players inital bet was $10, they placer an insurance bet of half ($5) and the dealer turns over the natural, the player gets $10 from the insurance but loses their original stake, meaning they ar $5 down as they bet $15 in total but got $10 back. If the dealer didn't have a natural then they lose the insurance, meaning the only win $5 as they're total bet was $15 but they only get $20 back.
Er… So, according to her explanation, if I place an insurance bet, the best possible outcome is that I get my stake back. What kind of guy makes a bet on which they can't possibly make a profit?!?
I challenge the presenter of this video to the following little game. You put twenty bucks on the table and roll a die. If you roll a one, I take your money. Otherwise, you get to keep it. Wanna play? The odds for you are twice as good as the odds for the player in your version of insurance bets!
So let me get it straight
So dealer has an ace
The player pays insurance;
If the dealer has a blackjack the dealer takes the insurance which is half.
If the dealer has a 20 (exemple) and wins (s)he takes the normal bet and let the player keep the insurance
Right?
Insurance is useless.
You bet 100.
Bet 50 for insurance.
Lose to a blackjack.
Only get insurance back.
You still lost as much as you would have without the insurance bet. What a waste of effort. And if you win, you still lose insurance. Note to self: don't make an insurance bet.
she didn't explain this right. insurance pays two to one if they have a black jack, which means you lose your bet but make up for it with your insurance. essentially a push
@TheCalimbaKing actually not. if the dealer has a natural blackjack, and you did not pay insurance, (s)he'll get another half of your bet + your bet. this is how I understand it.
Shes wrong, when you put the 50 insurance if she does have a blackjack you get your 50 and another 50 for making the right move so basicly you get your orginal bet back.
SHE IS COMPLETELY WRONG! INSURANCE PAYS 2 TO 1. THAT PLAYER WOULD HAVE RECEIVED $100 FOR THE INSURANCE BET, NOT $50. THESE VIDEOS FROM EXPERT VILLAGE ARE MOSTLY BULLbad. THEY ARE NOT TEACHING PROPER TECHNIQUE, RULES OR STRATEGY. AVOID AT ALL COSTS! —a professional Casino Blackjack dealer