The only time you should consider buying blackjack insurance is while card counting and the true count exceeds +3. The chances the dealer’s hole card is a ten is very good. Do not take insurance, even if you have a blackjack unless you are card counting. Non-counting players should always decline it.
The following table shows the house edge on the insurance bet in blackjack depending on the number of decks used.
|
House Edge on Insurance |
|
| Number of Decks |
House Edge |
| 1 | 5.882% |
| 2 | 6.796% |
| 4 | 7.246% |
| 6 | 7.395% |
| 8 | 7.470% |
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short but sweet post, good for me coz im not too familiar with insurance.
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