As blackjack becomes more popular, so too does the number of casinos that offer the game. One of the most popular variations is blackjack21, which features a 21 deck.
Because the odds of getting a blackjack are much greater than those of any other card game, it’s no surprise that insurance pays more on blackjack than any other game.
In order to calculate how much insurance pays on blackjack, one must first understand how the game is played. The dealer deals two cards face down to each player, one face up. The player then either hits or stands. If the player hits, they receive another card and add it to their hand.
If they stand, they draw one card and keep the original two. If the player gets a 21 (a natural), they win the hand and receive all their original chips back as well as any additional chips that were bet on that hand.
If the player doesn’t hit or stand, they lose whatever chips were bet on that hand. For example, if a player bets $10 and gets an 8 (a losing hand), they would lose $8 plus whatever else was bet on that hand (in this case, it would be $10).
So, if a player bets $5 and gets a 10 (a winning hand), they would win $15 ($10 plus $5).
So how much insurance pays on blackjack? Let’s take a look at some real world examples:
Aces Up: Insurance pays 2-1 regardless of whether or not you hit or stand. So if you bet $5 and get an ace (a winning hand), you would receive $10 back from your insurance policy ($5 plus $2).
Two Pair: Insurance pays 3-2 in both cases – for hitting or standing – so long as your hands contain two pair or better. For example, if you bet $5 and get two pairs (a winning hand), you would receive $15 back from your insurance policy ($10 plus $5).
