How the insurance bet works in Blackjack

How the insurance bet works in Blackjack

By paying 2/1, the insurance bet offers the player a little protection in case the dealer is dealt a strong card. But does it pay to take this bet?

How does blackjack insurance work?

Blackjack is a simple game: you need to approach 21 with your hand without “busting”. But sometimes you just have to beat the house total to win. When playing online casino online blackjack, the player always makes the first move. What if you could cover your bet against the dealer by beating your total? That’s where the insurance comes in. Insurance is a special side bet that allows the player to bet half of his original bet against the dealer hitting a natural blackjack (a hand containing an ace and a face for a total of 21).

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Advantages and disadvantages of insurance bets

The more decks are used, the more cards with a value of 10 there are in the shoe. And with so many 10 cards to draw, the better the dealer’s chance of hitting blackjack. You’re in a bad position to still win the hand, so save. Either way, taking insurance is usually a long-term losing bet for players. The 2/1 price isn’t big enough to warrant the bet.

Finding alternative bets for online blackjack

Many variations of Microgaming feature a bonus bet of one kind or another. In most cases, you can also take out insurance on any side bet.

Multi-hand Blackjack Bonus:

Microgaming’s variation of European blackjack allows players to play four hands in one game. In addition to insurance, you can place side bets to earn 50/1 (Jack and Ace of Spades), 25/1 (Jack and Ace of Diamonds, Clubs or Hearts) or 5/2 (two cards of the same suit).

Atlantic City Blackjack Gold Series:

This is a unique blackjack variation allows players to “give up” half of their bet if they feel they are going to lose to the dealer.

High Streak Blackjack Gold Series:

High Streak Blackjack offers an accurate side bet that rewards players who win two consecutive hands. With the insurance bet that protects against a dealer blackjack, experienced players can make the odds in their favor by backing both bets.

Try the insurance betting system in blackjack

Insurance is a way to get back some of your bet if the dealer appears to be winning. But a better bet for players is to find a version of blackjack with the Surrender feature.…

A Beginner’s Guide to the Fitzroy System in Roulette

The Fitzroy betting system has been used to great effect in real life. Notably, a British roulette gang made millions in Nice in the 1950s and 1960s using the Fitzroy system, among others. The leader of the gang, Norman Leigh, later turned the story into a book. When playing online roulette, the way it works is simple: bets are increased after a loss and decreased after a win. The theory is that any big roulette loss will be canceled once a win comes. But does the Fitzroy work in practice?

Eventually, however, the Fitzroy was defeated when it was put into practice at the Monte Carlo casino. In fact, the Fitzroy works a bit like the d’Alembert progression system. In the betting plan, one unit is added to your bet after a loss and one unit is removed following a win. Think of it as a more conservative version of the Martingale.

The Fitzroy System in Practice: Placing Bets

In Fitzroy, all bets are made on a European roulette table that contains a single zero slot. Only even money outside bets are covered (red / black, even / odd, 1-18 / 19-36). Let’s start with a £ 1 base unit for this system. If our bet loses, we increase it to £ 2. If it wins, we reduce it by £ 1 or start over at £ 1, whichever is greater. In the table shown, we are aiming for £ 1 red bets at 1/1. After three lost spins, we get a win and our stake is reduced by one. After eight laps we are divided: four wins and four defeats. Our total winnings, however, are £ 5.

Advantages and disadvantages of the Fitzroy system

While nearly identical to the d’Alembert system, the Fitzroy plan can be used on a variety of numbers, not just outside areas. But the main advantage of the Fitzroy over other progression systems like the Martingale is the flatter betting plan. As the stake is increased by only one unit after a losing spin, players can manage their bankroll better. In our example, after three losses we only have three fewer units. Compare it to the four units we would have lost using the Martingale. The big problem with Fitzroy, however, is that roulette is always pitted against the player. The house advantage means that, in the long run, roulette players will always lose money at the casino. Sure, players can do long “hot” streaks, but the statistical house advantage (2.7% in European roulette, 5.26% in American roulette) makes it difficult to turn over those losers. It is useful to test other fake money systems and see which ones work best for you. With small stakes, the Fitzroy won’t cost you much, but it won’t win much either. Would you instead increase your bankroll to look for something like the Fibonacci system, which has a more interesting range of bets?

Try the Fitzroy system today

All online roulette betting systems have their flaws, but all of them are fun to try with play money. Systems like Fitzroy can also help you practice sensible bankroll management.…