Insurance can only be taken if the dealer shows an ace. When this happens, the table will flash on your computer screen and give you the option to place your bet. If the dealer does reveal 21, the insurance bet is paid out at 2/1. In a game of blackjack, the player simply has to beat the dealer's hand to win.
Just, what does buying insurance in blackjack mean?
How it works: Essentially, insurance is a side bet that the dealer has blackjack. Like any side bet, it plays out independently of your original wager. The option is available only after all the initial cards have been dealt, and only if the dealer shows an ace. To take it, you must put up half your wager.
For all that, should I take even money in blackjack? Taking the even money guarantees that you will get some sort of payout for your blackjack, while not taking the even money can result in a push with the dealer. ... The answer is: NEVER TAKE THE EVEN MONEY ON YOUR BLACKJACK.
Anyhow, do you hit on 12?
Many players don't hit 12 because they believe the dealer has a ten in the hole and, therefore, they won't risk busting when the dealer has a weak upcard. However, when you hold a 12, only four cards will bust you ... any 10, Jack, Queen, and King, meaning you have a 65% chance of surviving a hit.
Who wins in blackjack if there is a tie?
If both the player and the dealer have a tie—including with a blackjack—the bet is a tie or “push” and money is neither lost, nor paid. 4. All other winning hands pay even money, 1:1.