In other words, insurance doubles your bet if you are right. Push - the hand is a draw. There will be a total wagering requirement of 40 times the $15 bonus, or more exactly $600. This happens before the dealer's hole card isPlay and win on the go from anywhere you get a connection. In this series he'll take you through basic strategy, card counting, and bankroll management. The bet is equal to half your initial wager. Wait for the dealer to deal everyone's initial cards. What is insurance in blackjack? In blackjack, you can make an insurance bet if the dealer is likely to have a strong hand – namely, blackjack. I update reviews regularly as no deposit bonuses are added. Face cards (J,Q,K) count as 10. If you decide to take Matching search results: Therefore, this means it may only be available to use within certain types of the classic. Everyone knows the games, so my focus is on how a casino handles the graphics and how many variations are offered. The Joker card in blackjack is a special card that can be used as an ace or to complete a straight, flush, straight flush or royal flush. Only Insurance bets are placed after cards are dealt to the players and the dealer. If the dealer has an ace in the hole, he will. If the dealer does not have Blackjack any insurance bets are lost and any players who have Blackjack are paid. Additionally, you will receive your $10 insurance bet wager (making $30 in total for this example). Understanding insurance can help you play the game more effectively and even win big. Insurance on Blackjack is important for two reasons. Check the Blackjack Rules. It is a special stake giving the chance to predict whether the croupier’s outcome is natural 21 and win on 2:1 odds. Naturally, these are tens, jacks, queens, and kings. So, you will protect yourself in case the dealer has blackjack. If the dealer wins, you lose your bet but get paid on the insurance. Free Blackjack Tricks - Tips and tricks for safe and reputable gamble! The most important rule in blackjack game is the card. when it comes to blackjack, insurance is a type of side bet that allows players to protect themselves. It is a side bet that the player can get if the dealer’s up-card turns out to be an Ace. For you to win your insurance bet, the dealer must have a ten or a picture card. Then, you should also check the other aspects. When To Take Insurance In Blackjack - What does blackjack insurance mean? Our experts explain when it's best to rely on it and if it's really worth it!A blackjack guarantee is defined as a side bet that becomes available when the dealer is dealt an ace card. The payout percentage tells you how much of your money bet will be paid out in winnings. This comes into play when the dealer’s top card is an ace, presenting an opportunity for a secondary. A player choosing to stand will not receive any more cards and is not allowed to change his or her bet in any way. In blackjack, insurance is an optional side bet offered to the player when the dealer’s face-up card is an ace. What is blackjack insurance? - blackjack insurance payouts. RSI's insurance FAQ. When you have a soft 16. 0 0 0. discover the best slot machine games, types, jackpots,. Pinnacle A definitive guide on side bets in Blackjack such as Perfect Pairs, 21+3, Lucky Ladies, Insurance, Double Down, etc. Blackjack Rules : A Handy Guide to Upskill Your Game; How Do You Play Blackjack Online : Perks & Exciting Offers; How to Win Online Casino Blackjack & Get Exciting Rewards ? Best Top 5 Tips for Playing Blackjack; Blackjack Strategy Guide : Know About the Top 4 Strategy & Improve Your Skill; How Many Decks in Online. This is called “a peek” and is meant to prevent the player from losing more money in the round. We In Blackjack What Does Insurance Mean get enjoyment in finding the best deals for our readers and listing them in our guide. Should Casinos Be Legal: The question of whether casinos should be legal is a complex and debated topic that encompasses various social, economic, and ethical considerations. 053. When it comes to Aces, its value can be 1 or 11 depending on the combination the card is completing. The common rule is that you should play with no less than 100 betting units over a 3-4 hour period. However, if the dealer does not have a blackjack, then the player will. Therefore, in the above example, the $5 insurance bet would win $10. If you go over 21, then you automatically lose, or bust. The following blackjack abbreviations and acronyms are used throughout this book and are typical of those used in the literature. So, you will protect yourself in case the dealer. Blackjack splitting strategy. The payoff is that depending on the positive running count, you know how much to bet and when to take insurance. Read our guidance to meet out wie he works, the payouts and the lottery. Insurance is a side-bet that dealers offer to players whenever they have an ace showing. Insurance can only be taken if the dealer shows an ace. Blackjack can be beaten using a simple Plus Minus count. Exclusive Grand Prive Bonus Codes, Poker Gra Po Polsku Online, Poker Mtt Quiz, Blackjack Boats Apparel, How To Read The Flop In Texas Holdem, What Does Insurance Mean In Blackjack, Nj. This is the amount you must playthrough to complete the bonus, in blackjack what does insurance mean. If the dealer does have a blackjack, then all wagers (except insurance) will lose, unless the player also has a blackjack, which will result in a push. Speaking generally about the blackjack insurance rules, taking insurance implies making a bet that the dealer will have blackjack. A natural blackjack occurs when the dealer has an Ace and any 10-point card as their initial two cards dealt. The idea behind insurance is to protect your bet just in case the dealer has a blackjack. Blackjack insurance is a side bet that can be taken when the dealer’s up-card is an Ace. Some examples: 5 + 7 + 9 = 21, so this hand has a value of 21. What Does Insurance Mean In Blackjack: Explore the intricacies of blackjack insurance, its probabilities, and strategic implications in this concise overview. This comes into play when the dealer’s top card is an. Taking insurance is a bad bet if the count is negative,. You then have the opportunity to win more money, either through free spins, a minigame, or selecting a hidden prize. It is important to understand the difference between blackjack insurance and regular insurance. Does the linear nature of insurance mean that the mid-shoe. This bet allows players to protect themselves against the possibility of the dealer having a blackjack, which is a hand consisting of an Ace and a. Insurance is a side bet you will find in almost all Blackjack tables. With a blackjack will be offered the option to take even money (1-to-1). When evaluating a game, you should assume Las Vegas Strip rules which include double on any first 2 cards, re-splits to 4 hands, dealer stands on soft-17, insurance allowed and, of course, a natural blackjack pays 3. A sensible strategy will never guarantee a profit since the casino has a small house edge in blackjack. Is blackjack insurance bet a side bet? Insurance is a side bet that protects the player’s hand against the dealer’s blackjack. You. 48% of blackjack games end in a push, leaving the probability of a loss at 49. For a single-deck game with a bet spread of 1-4, the SD is 2. Etymology: From old form. Insurance. Aforementioned blackjack insurance bet is a side stake that is offered if the dealer's upcard is an ace. Jet Setters. The payout is. Then look on the x-axis, or 'dealer card' to find their upcard value. This is different than the double exposure strategy, where the player loses on ties. This side bet is offered to players when the dealer’s up card is an ace, and the player/players in. Hit 12 vs 5 at -3 or lower. ; Bet Amount: The maximum bet for insurance is typically set at half the player’s original wager. However, this does not mean the house wins 57. Translate this into dollars by assuming 13 instances of the situation. The insurance bet is a wager that the dealer has a blackjack. Premium Blackjack has a theoretical RTP of 99. In other words, you get to surrender instead of hitting, standing, splitting, or doubling. An opening hand worth 20 is very strong and can only be beat by a Blackjack or a three-card hand worth 21, and the dealer has just an approximate chance of getting this. Video slots are the most common form of five-reel slots and often feature bonus and free spin features. For a four-deck game with a bet spread of 1-8 units, the SD is 3. Insurance in blackjack refers to a side bet that can be made when the dealer’s upcard is an Ace. Post author: test5886878 Post published: September 8, 2023 Post category: Uncategorized Post comments: 0 CommentsBlackjack Insurance. The value of your hand would be 19 or 9, depending on which total is more favorable to you. and with so. What does the term insurance mean in blackjack Insurance can be a good bet to take in a game with lots of decks. Colin has been counting cards for over 15 years, and ran a multi-million dollar blackjack team. However, when the true count is above 3, it is statistically better to stand a 12 against a 2. Even money insurance is an option for blackjack players that pays out at two to one if the dealer has a blackjack. If the dealer has blackjack, the hand is a push, but the player receives twice the value of the insurance, which is the same as the original bet. PRO TIP:Blackjack Insurance is a side bet offered when the dealer is showing an Ace. Classic table games like blackjack, roulette, and craps are favorites of mine, so I’m always sure to include their availability in my online casino reviews. 077. What does it mean in the game, and how does it work? The insurance bet in Blackjack works this way: The dealer is showing an Ace. Neither you nor the dealer has a blackjack, and the hand is a push (tie). One of the original blackjack side bets is the insurance wager. that is, in fact, referred to as a blackjack and. When it comes to blackjack, insurance is a side bet that you can make that will protect you in the event that the dealer has a blackjack. You may not take a path of the same color twice in a row. What Does It Mean Insurance In Blackjack : NEW! Real Money Slots on Mobile Devices. Blackjack insurance is one element of the game of Blackjack that is frequently misunderstood. In Blackjack What Does Insurance Mean : twitter; Wild Wolf. Starting from their left, the dealer gives one upcard to each player and themselves. In the second scenario, your cards will add up to 21 whereas the dealer cards would not. The company pools. If you wager $10, you’ll win $10 even if the dealer also has a blackjack. However, if the dealer does not have a blackjack, the insurance bet is lost, and the game continues as usual. You can make this insurance bet before the dealer checks their hole card, which is the second card. jackpots, free games. . Casinos have known this for years, books have even been written to train people how to do it. The payoff is that depending on the positive running count, you know how much to bet and when to take insurance. Blackjack insurance is defined as a bet on the odds of probability. The cards from 2 through 9 are valued at their face value. Step 1: You take an insurance bet equal to half of your original bet. Deductibles and coverage limits may also increase the cost of insurance. Although the beginners would think that the dealer is the only. noleksa90@gmail. Stand with 12 vs 3 at +1 or higher. Blackjack insurance is a side bet offered to the player if the dealer’s up-card is an ace, as insurance against the dealer’s hand being ‘blackjack’. You would break even and win 20$ from your insurance bet. Tables usually hold 2-7 players max. The odds of winning at blackjack can be as high as 42. You both have. What does insurance in blackjack mean Blackjack do’s & don’ts: never split 10s. It’s also known as a sucker bet because it costs half of the original wager. When playing slot machines for real money, make sure to check for popular welcome bonuses, free spin offers, and other free options. The player can make a bet on a blackjack insurance bet when the dealer’s up card is an ace. You may not take a path of the same color twice in a row. You may bet up to one. discover the. We want to. When it comes to blackjack, insurance is a type of side bet that allows players to protect themselves against the dealer having a natural blackjack. Outcome: If the dealer’s hole card is worth 10 points (10, Jack, Queen, King), resulting in. Keep in mind that doesn’t mean you can play only 100 hands, necessarily. PRO TIP:When playing blackjack, even money is not the same as insurance. What does insurance mean in blackjack Stacked vs unstacked insurance - say insurance. Moreover, the maximum bet allowed is usually half of your main bet. They are a type of side bet that act as a safety. depending on card. The face cards, or big cards, 10, jack, queen, king, and ace are all given a -1 value. If you’re wondering what does insurance mean in blackjack, you are not alone. This is because you have a fantastic chance to hit 21, and even if you don’t, you’re likely to get a score close to that magic number. At the same time, the dealer’s odds mean that they are likely to have natural blackjack 30. If the dealer does indeed have Blackjack, the insurance bet pays out at 2:1. What Does Insurance In Blackjack Mean. If the dealer has a ten or picture card in the hole, which gives him a blackjack, the insurance wager is paid at 2 to 1 odds. The option is available only after all the initial cards have been dealt, and only if the dealer shows an ace. This side bet pays out at 2-1 odds if the dealer does, in fact, have a blackjack. 3D slots are the same, except they use 3D animation and graphics whereas video slots use 2D. What does insurance mean? Information and translations of insurance in the most comprehensive dictionary definitions resource on the web. [House edge 0. Surrender is simply an optional rule in blackjack that allows you to give up half your bet after you have seen your first two cards and the dealer up card. So, what is insurance in blackjack? Technically speaking, it’s a type of bet that ensures you’ll get your money back in a specific situation — when the dealer has the. The following are the choices available to the player: Stand: Player stands pat with his. Push 22. Three Card Poker. Insurance In this instance, if the dealer has blackjack, you will lose your $20 main bet but receive a 2:1 payout on your insurance bet, thereby breaking even. However, surrendering at blackjack can sometimes be a good option. Players who want to make an insurance bet will place a $5 chip on the insurance line. Vote Up0Vote Down Reply3 years agoKen SmithThe shoe game will be easier for a visually impaired player, because both the in blackjack what does insurance mean other players and the dealer have. Stand with 12 vs 2 at +3 or higher. Many players are unaware of the concept of blackjack insurance casinoWhat Does “Insurance” Mean in Blackjack? “Insurance” is an optional side bet offered when the dealer’s face-up card is an Ace. In other words, you are betting that the dealer will have a Blackjack. Your task is to get from square 0 to square 19. Essentially, blackjack insurance allows the player the option to lessen their wager after the dealer exposes their cards and reveals. Blackjack insurance is a side bet and it can be taken only if the dealer’s up card is an ace. Insurance Mean In Blackjack; What Does Insurance Mean In Blackjack; What insurance is, is a side bet that the dealer has a 10 point card in the hole. if the dealer's first card is an ace, players may insure their bets against the dealer receiving blackjack. this side bet pays 2-to-1 whenever the dealer's hole card is a ten-valued. Three Card Poker. If you bet $10, you win $10 from the dealer (plus you keep your original bet, of course. While this may sound like a tempting offer, it’s important to note that taking out insurance can increase. Você pode jogar jogos de cassino como caça-níqueis, blackjack, roleta, poker e mais. The house odds in blackjack are lower than in other games; with some advanced strategies, you could win big playing this popular card game. What does double mean blackjack What […]Many blackjack variants implement the soft 17 rule, which forces the dealer to either stand or hit on this exact hand total. One of the most important things to understand about blackjack is the concept of insurance. USA Players. Hit — Hit is the exact opposite of stand. One of the most important things to understand about blackjack is the concept of insurance. This article tells this testimony and gives advice on whether you should do it or not. But it will. Note that the dealer does not have the option of splitting or doubling down. Insurance pays two to one. In fact, there are only certain situations when taking. For online blackjack click 'bet', or 're-bet' if you want to duplicate your last wager. Some examples: 5 + 7 + 9 = 21, so this hand has a value of 21. Insurance in blackjack is a side bet that players can make when the dealer’s face-up card is an Ace. There is a betting option available to blackjack players known as even money. Your task is to get from square 0 to square 19. Insurance is the most common side bet in blackjack. Hit 12 vs 4 at -1 or lower. this side bet pays 2-to-1 whenever the dealer's hole card is a ten-valued. The pay in insurance is a major incentive. Cons: Insurance is generally considered a sucker bet due to its negative expected value. Blackjack insurance odds payout at 2:1 and the maximum bet that the player can place is usually half of the player's primary bet. Blackjack splitting strategy. By following this blackjack strategy you will be playing in an optimum fashion. The dealer will resolve insurance wagers at this time. All winning bets are paid even money except for. This article takes the mystery out of this bet and offers advice on whetherWhat Does Insurance Mean In Blackjack; Uninsured Motorist Stacked Vs Unstacked; Insurance in Blackjack. Insurers provide a safety net for casinos and their players, in the event that something bad happens. The house edge increases accordingly. Blackjack even money bet of $1: EV of $1. Likewise, a pair consisting of an Ace and a seven is called the. Meaning of insurance. You take even money if you believe the dealer also has a. In blackjack, the house edge is 3:2, so you will earn $150 on your primary wager and lose $50 on your insurance bet if you hit a blackjack. The effect of surrender for an accurate basic strategy player is to reduce the house edge by somewhere between 0. In this article, we will discuss what insurance in blackjack is and how it works. If you are a $10 bettor, you should save about 50 cents an hour over the long run. A player can surrender a round of Blackjack after each player’s opening two cards and the dealer’s face up card have been dealt. Blackjack is one of the most popular casino games around the world. com Published Date: 07/03/2022 Review: 4. If the dealer has a natural blackjack, the insurance bet pays out at 2:1, providing some compensation for the player’s losses on their original wager. Insurance bets are only available when the dealer shows an ace upcard is an ace and will pay 2:1 if the dealer gets 21 with their hole card. Card Counter - a skilled player who keeps track of the cards as they are dealt. The blackjack insurance means a payment solution allowing you to stay immune in the case the dealer wins, especially in the case of an Ace-Jack hand, which is a strong hand. time:2023-10-14 10:49:23. See moreInsurance is a side bet in blackjack that allows you to bet on the dealer having blackjack. In blackjack, what Does Insurance Mean? When to Use It and How. Insurance . 2. Discover the thrill without the hassle! You no longer have to pay to be entertained! Play for free today to win the ultimate Jackpot! Caesars Slots Playtika Rewards is the ultimate loyalty program that continuously rewards you for playing! “. Mathematically, requesting "even money" on a natural on a table that pays 3:2 for a natural is the same as an insurance bet since the 50% bonus is being used to buy the insurance. You can make this insurance bet before the dealer checks their hole card, which is the second card. Insurance is a type of side bet that you can make in blackjack. You can only play an insurance bet if the dealer's upcard is an Ace and the insurance period ends when their second card is revealed. Neither you nor the dealer has a blackjack, and you go on to win the hand. All winning bets are paid even money except for. Blackjack insurance - casino news daily. Colin is the founder of Blackjack Apprenticeship. One term that you may have heard before is “Insurance pays 2 to 1”. This is a version of insurance rather than a different bet. A Push in the game of blackjack means that a player and dealer have the same value in their hand. 👉 What does insurance mean blackjack What does insurance mean blackjack Also visit my webpage :: high paying jobs in the uk, I did your trick and hey, what does insurance mean blackjack. The insurance bet is worth half of your original bet and it pays 2 to 1 if the dealer has blackjack. Starting with the player sitting furthest to dealer's. What Does Insurance Mean In Blackjack For Real Blackjack insurance is a term that confuses a lot of people, especially novice players. If you’re wondering what does insurance mean in blackjack, you are not alone. When your cards total 11. Play Now. Under no circumstances should you split on a pair of 10s. Clearly. To take it, you must put up half your wager. That means that the insurance bet odds would have to be closer to 3:1 to be worth it. Assuming the dealer does have a blackjack, you win 2-1 on your insurance wager. Blackjack dealers have no options for the in-game decisions of whether to hit or stay; they follow a strict algorithm that will depend on the casino. What Does Insurance Mean In Blackjack Casino Cruise West Palm Beach Fl Www Mass Lottery Slot Of King Mirrorball Slots Free Coins Bonus Cool Cat No Deposit Promo Codes 2018 Casino Near St Pete Beach Fl Joker Slot Machine Riverwind Casino Comedian Free Printable Birthday Bingo. During a blackjack game, players can buy blackjack insurance if the dealer’s up-card is an ace. The following basic strategy tables show when to surrender (Y=yes, N=no). The 3:2 payout has a proportional term that is difficult to understand for British players accustomed to blackjack game slang. I update reviews regularly as no deposit bonuses are added. — John Doe. First, it is never a good idea to take insurance when the dealer is showing an ace. Search. When your cards total 11. What does Insurance mean in blackjack? If the dealer is showing an Ace, and you believe they have Blackjack, you may place an Insurance side bet. If you go over 21, then you automatically lose, or bust. This is a side bet, separate from the main wager, that pays out if the dealer goes on to have a natural blackjack. this means that the player can place. The odds would be heavily stacked against the house if this was the case. Blackjack. But why would anyone bet on the dealers hand being Blackjack? Insurance is often seen, mostly because of the name,. And now, look at those same indexes shown in the traditional way (this is the same table shown earlier): 12 vs 2: +3. How Does the Insurance Bet Work in Blackjack: The Detailed. In many ways, the cage resembles a bank. What Does It Mean To Insure In Blackjack? - The insurance bet in blackjack seems to confuse most players. In Blackjack What Does Insurance Mean - 02 Aug “Yes – most online casinos offer bettors apps or instant-play through mobile web browsers. Subscribe to Updates Get the latest creative news from FooBar about art, design and business. Under no circumstances should you split on a pair of 10s. If you have a winning blackjack hand, you get paid 3 dollars for every 2 that you bet, or 1. Blackjack Insurance: What Is It? It is a special side stake, half of the initial stake value, which helps to protect you from losses if the dealer hits. Below are our top three favorite bonuses you can use to play slots for real money online with extra bankroll. Doubling down is a thrill move, and one of the best known bets in blackjack. CageArea of casino where cashier is based and chip buying and selling takes place. 5 times the bet. The value of a hand is simply the sum of the point counts of each card in the hand. The only time you can make such a bet is if the dealer gets an Ace as their upcard. Card suits have no meaning in blackjack. . Star Citizen - Package & Upgrade FAQ. Follow the two lines until you reach the cell where they meet. Stand with 12 vs 3 at +1 or higher. Insurance Last Updated on December 12, 2022 by Chief Editor Jayson Peter Fact checked by Sadonna Price Blackjack Insurance: What Is It, How It Work and. 78% of the time. But it will. With a career spanning two decades, Mathieu Blake knows his way around a blackjack table. The cards from 2 through 9 are valued at their face value. The short answer is no – in most cases, the insurance bet is not a good option to take. Many people think that the insurance bet has nothing to do with the current blackjack game but they are wrong. Step 2: The dealer’s second card is dealt and he receives a 10 (or other face card), which means the dealer has blackjack. Blackjack insurance is a type of bet that is available to players when the dealer is showing an Ace as their upcard. Many blackjack variants implement the soft 17 rule, which forces the dealer to either stand or hit on this exact hand total. After doing so, the dealer will check his face-down card to see whether it completes a Blackjack. The insurance is basically against the dealer getting a natural blackjack. Before playing blackjack, learn about insurance bets and how they work. It is offered when the dealer's up card is an Ace and costs 50% of your original bet. If your third card is a nine, the ace in your hand will count as one so the total of your 3-card hand would be 18. 87% tens (based on a six-deck game), making insurance a bad bet. 24% if he shows a ten. An opening hand worth 20 is very strong and can only be beat by a Blackjack or a three-card hand worth 21, and the dealer has just an approximate chance of getting this. Surrender can prove to be an effective blackjack strategy to prolong your bankroll and limit losses. If the second card is a king, joker, queen or ten, the dealer makes a blackjack, which means you win the bet. When a player surrenders his hand, the house will collect 50% of your bet. There is a dealer, who deals cards from a special device called a 'dealer's shoe' or a 'shuffling machine '. When there are one or two decks, the dealer usually holds the decks. With payouts, odds, rules, etc. - The complete guide to blackjack. This Blackjack Card Counting method tells the player what cards are predominantly remaining in the deck, High cards or Low cards. The player may place a separate bet equal to half of the original wager on the insurance line. Insurance is the act of protecting your hand against the possibility that the dealer has blackjack. This Blackjack Card Counting method tells the player what cards are predominantly remaining in the deck, High cards or Low cards. There are six possible scenarios when you have placed an insurance bet. How To Work Out The Next Number In Roulette, Split Blackjack Definition, Point System For. It’s a good idea to look online for a blackjack betting chart and print it out. - Blackjack insurance - always a bad bet. When should you buy insurance in…The blackjack insurance bet is a side bet that is offered when the dealer's upcard is an ace. ’ Insurance odds in blackjack are 2/1, and the maximum bet is usually half of the player’s primary bet. It is offered when the dealer’s top card is an ace. This is a new concept in online casino gaming and is a truly social experience. Let’s say your original bet is $10. Blackjack insurance is a payment to reduce losses on the card game, and it is a type of side bet that a player can make in a blackjack game. It pays 2-1 if the dealer has a natural blackjack (21). To illustrate how this works, let's say that you make a $10 bet, and the dealer. A push is essentially a tie and when it happens neither the bank nor the players wins. Taking insurance is a bad bet if the count is negative,. Being insured means purchasing an insurance policy to protect against specified risks. The difference is that in the 3:2 payout, the player gets paid $3 for every $2 that he bets on a winning blackjack hand whereas, in the 6:5 payout, the payment is $6 for every $5 bet, which makes the odds 1. 500%. Suppose you bet $20. Blackjack games usually offer a side bet called insurance, which may be placed when the dealer's face-up card is an ace. In blackjack, insurance is an optional side bet offered to the player when the dealer’s face-up card is an ace. While most casinos only let you double down after you’re dealt your first 2 cards, some casinos may let you place a double down bet after you split a pair into 2 separate hands. This bet can be a life-saver in some situations, but it can also become a slippery slope if used improperly. When engaging in this classic casino card game , players may encounter the option to take insurance during specific circumstances, such as when the dealer’s upcard is an Ace. Sep 08, 2015 It is a side bet in Blackjack when the dealer has an Ace showing to predict if the dealer has a Blackjack (Natural) or not. The game of Blackjack becomes more interesting thanks to the exciting and thrilling option of Blackjack side bets or simply called, side bets. Essentially, it’s a bet you place to protect yourself in case the dealer has blackjack. When playing blackjack, it is important to understand the concept of insurance. Introduction. What Does Insurance Mean in Blackjack? Insurance bets are simple to understand but can be tricky to get right. What Does Insurance Mean in Blackjack? What makes blackjack the most popular casino card game is the fact that it comes in different shapes and sizes.