Insuring your bet in blackjack means that you are willing to risk a predetermined amount of money on the table in order to win. There are a few different types of insurance, but the most common form is called “pot insurance.
” This means that you are willing to risk all of your winnings – up to the value of the pot – in order to avoid losing any money.
Pot insurance is a good way to play if you’re confident that you can beat the dealer. If you lose your pot, you’ll still come out ahead because you’ll have saved your original bet plus any additional winnings from later rounds.
But if you win your pot, your original bet becomes lost forever and you won’t get any additional winnings from later rounds.
Some people choose not to insure their bets because they’re afraid they might lose too much money if they lose their pot. But if you’re confident that you can beat the dealer, taking pot insurance is a smart decision.
In fact, it’s often recommended for new players because it gives them some protection against losing their initial bet.
