Insurance and Blackjack Strategy—Some Things Do Not Mix

Have you ever tried to combine oil and water in the same container? It does not work so well does it? Sure, you can shake the container up again and again, but the oil and water will always separate. This is nature’s way of telling you that those two do not go together.

The same can be said about mixing insurance with blackjack strategy.

You might try mixing your blackjack strategy up a bit to take insurance, but the two will always separate. Insurance just does not feel right when playing blackjack. And so the two should always be separate.

The reason for this is you know that insurance is not your friend. It does not help your blackjack odds. For one thing you are putting out money to guard your money. Just say that out loud: Insurance is putting out money to guard your money. Does not sound right does it? That is because it is not right.

More often than not casinos and online casinos will collect either your original wager or your insurance wager. So you are losing money no matter what. If you won the round but lost your insurance wager, you lost money you did not have to.

Oh, and insurance and a natural blackjack—that is a big mistake. See, when you have a natural blackjack and the dealer has an Ace showing he will not offer you insurance. Instead he will offer you even money—which is just another way of losing money. Only this time you are losing it in your payout.

Insurance even money payouts are 1-1 payouts rather than the standard 3-2 payouts. And that hits your blackjack odds for 2.27%.

The point here is that if insurance is so bad for your blackjack odds, why mix it in to your blackjack strategy—which is supposed to increase your odds. Why do something to decrease your odds when you are trying to increase them? Insurance just seems so counterproductive to a strong blackjack strategy.