The Truth About Buying Insurance as a Card Counting Blackjack Player

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Blackjack Apprenticeship answers the question “Should you buy insurance when counting cards?” Learn the rules, when to follow them, and when not to follow them as a card counter. Having a winning blackjack strategy involves playing perfectly all the time. Learn how card counting can make you a winning blackjack player.

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The Truth About Buying Insurance as a Card Counting Blackjack Player

10 thoughts on “The Truth About Buying Insurance as a Card Counting Blackjack Player

  1. Thank you for this vid. Fred Renzeys' Blackjack Bluebook II explains in excellent detail how the insurance bet works. Good cards!

  2. I've been taking insurance when my hand is 20, and its been working in my favor. I'll either win the insurance bet, or I'll lose the insurance bet but win the hand. It pretty much replaces surrendering, which is not allowed at the houses I play at.

  3. Hey Ben. Grosjean says that you should take insurance at the right TC, it's actually worse to insure insure a 20 or 21 than a bad hand. I think this is due to the edge you do get with a good hand.
    Anyways, wait until the TC is gt or = to TC3.

  4. feigning ignorance is my favorite weapon against suspicious pit bosses (very good at playing stupid)….and the more intelligence you display at the table the more likely you are to gain the attention of the pit. i'm not saying be loud and obnoxious to make them think you're a drunken fool.
    well….maybe for a minute…but then calm the love down.

  5. Ben, there are certain insurance plays you can use for cover. Taking insurance from TC0 to the standard TC3 produces no edge for the player or the house.

  6. so what i took away from this is, to only take insurance if you have a BJ and the card counting would tell u there is a high chance for a 10 value card to come up….
    did i get this right?

  7. Yep, I totally agree. Even money is the exact same as insurance. Hence: if insurance is a sucker bet then so is even money. One loses a little periodically, not taking even money, but in the scheme you come out ahead. Slightly less than a 1 in 3 chance that the dealer has a 10 in the hole. The word "slightly' is the house advantage to insurance (regardless of the players cards are) or even money against the players blackjack. If there were only 12 cards as opposed to 13 then even money would be a 50% odds wager. Again, "that 13th card is the house advantage on the insurance offer".

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