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Friday 29 March 2019

Never Take Insurance Playing Online Blackjack

Never Take Insurance Playing Online Blackjack
Correct Online Blackjack Means Basic Strategy
It will be very difficult to win at blackjack by playing hunches. In fact, there is pre-determined strategy for every blackjack decision. This strategy is based on the mathematical odds of producing a desirable result.
You can memorize the basic strategy, but you don't have to, especially if you play online. Basic strategy charts are available all over the Internet. Just find your favorite one, open it up and keep it handy for easy reference as you play online blackjack.
Correct Online Blackjack Means Never Take Insurance
The dealer will offer insurance when he has an ace showing. If you take insurance, you are betting that the dealer has blackjack. You put up 1/2 bet at 2-to-1.
If he has blackjack, you break even on the hand. If he does not, you lose an additional half a bet and play proceeds normally. If you have blackjack you win even money either way. This is because if the dealer has blackjack, you win the insurance bet but push the main hand, so 2 (1/2 bet) - 0 =1 bet.
If the dealer does not have blackjack, you lose the 1?2 insurance bet but win 3-to-2 on the blackjack, so (3/2-1/2)=(2/2)=1 bet. While a guaranteed win sounds good, remember that you are playing to win over a whole session. In that context, the odds on insurance are always unfavorable and should be avoided.
Correct Online Blackjack Means Playing Within Your Bankroll
Once you learn how to play blackjack, you should expect to lose a little over half the time in the long run. In the short run, both big winning streaks and big losing streaks are possible. Make sure that you have enough in your bankroll to survive a sustained losing streak so you can get to the winning streak. If you cannot, you may want to switch to lower stakes.

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