even money option for blackjack

halcyon1234

Well-Known Member
Has anyone ever tried to do both? Lay down an insurance bet AND take even money on your blackjack? I mean, since the hand and the insurance bet are two unrelated things, you should be able to do that, right?

Of course, you probably aren't allowed to (since you're basically being paid twice), but I bet a good fast talker could get a less-than-good dealer to allow them.
 

Mimosine

Well-Known Member
halcyon1234 said:
Has anyone ever tried to do both? Lay down an insurance bet AND take even money on your blackjack? I mean, since the hand and the insurance bet are two unrelated things, you should be able to do that, right?
wrong. even money is the same thing as insurance. the end result is the same whether you win or lose the hand if you play your insurance bet. it is just settled in a different order than if you have a non-natural.

i couldn't imagine any casino letting you take even money and place an insurance bet, when you take even money your bet is resolved, you are paid, your cards are taken away before the dealer checks her hole card, thus when she checks, you no longer have a bet/hand to insure.

you could however, insure someone else's hand.
 

xxrenegadexx

Well-Known Member
halcyon1234 said:
Has anyone ever tried to do both? Lay down an insurance bet AND take even money on your blackjack? I mean, since the hand and the insurance bet are two unrelated things, you should be able to do that, right?

Of course, you probably aren't allowed to (since you're basically being paid twice), but I bet a good fast talker could get a less-than-good dealer to allow them.
funny you ask.... i took even money on a huge bet(for me) the tc was at +5.... after taking my even money i asked if i could take the insurance bet... they werent having it ....... looking back i may have drawn unnesessary attention
 

ColorMeUp

Well-Known Member
Mimosine said:
wrong. even money is the same thing as insurance. the end result is the same whether you win or lose the hand if you play your insurance bet. it is just settled in a different order than if you have a non-natural.

i couldn't imagine any casino letting you take even money and place an insurance bet, when you take even money your bet is resolved, you are paid, your cards are taken away before the dealer checks her hole card, thus when she checks, you no longer have a bet/hand to insure.

you could however, insure someone else's hand.
Exactly, when you have a natural and place an insurance bet, two things can happen: a) the dealer has blackjack. you push your original bet but get paid 2 to 1 on the insurance bet. So if you had bet $10 on the hand and took $5 for insurance, you get paid $10. or b) the dealer does not have blackjack. you lose your $5 insurance bet but get paid 3:2 on the natural, for a net win of $10.

So when taking even money you are just taking insurance but they can pay you before even checking since the outcome will be the same.
 

EasyRhino

Well-Known Member
halcyon1234 said:
Has anyone ever tried to do both? Lay down an insurance bet AND take even money on your blackjack?
Last two times I went to one place, I've ended up playing with a dealer who was having his first day at the casino. I've decided I like ****ing with new dealers. I'll have to add this to my repetoire:

1) Double for more
2) Split for less
3) Double down after drawing a third card
4) Surrender before holecard peek
5) When offered the cut, cut a single card thick
6) Place insurance bet after taking even money
7) Etc.

I think if you quickly and confidently took even money, and then after the dealer paid you, and re-asks the table "Insurance?", and then quickly and confidently placed an insurance bet, it would at least panic a new dealer for a half a second when you place an insurance bet and have no cards left on the felt. And if it actually got the the point where he started paying it... it would be great!
 

shadroch

Well-Known Member
What happens in this situation?

You have a $10 bet out,and a dollar chip out as a dealer tip. Dealer has an Ace,so you take insurance for $5. Dealer has BJ. Do they take the dollar tip for the house or let it ride?I don't recall running into this situation before,although I'm sure I have.
 

EasyRhino

Well-Known Member
The tip generally gets collected, because the hand loses. Just like your main bet gets collected, even if the insurance bet pays.

You could probably take insurance for $5.50 if you really wanted.
 

shadroch

Well-Known Member
EasyRhino said:
The tip generally gets collected, because the hand loses. Just like your main bet gets collected, even if the insurance bet pays.

You could probably take insurance for $5.50 if you really wanted.
But quite a few dealers in the games I play simply push the bet,rather than collect and pay.
 

QFIT

Well-Known Member
Quiz: Where is Insurance more valuable than even money?





Answer: London. There is no Insurance. But there is even money.
 

Sonny

Well-Known Member
EasyRhino said:
1) Double for more
2) Split for less
3) Double down after drawing a third card
4) Surrender before holecard peek
5) When offered the cut, cut a single card thick
6) Place insurance bet after taking even money
7) Etc.
Also try to surrender after you've taken a hit.

-Sonny-
 

halcyon1234

Well-Known Member
EasyRhino said:
I think if you quickly and confidently took even money, and then after the dealer paid you, and re-asks the table "Insurance?", and then quickly and confidently placed an insurance bet, it would at least panic a new dealer for a half a second when you place an insurance bet and have no cards left on the felt. And if it actually got the the point where he started paying it... it would be great!
It would be even better if he paid it for a blackjack, and ignored it otherwise, thinking that it's just your next hand's bet. I guess you'd have to place it about halfway on the insurance/bet border. If you pull this off of a big enough bet, you could just pack it up for the evening and walk away with profit. (Or stick around and abuse the dealer more, if the pit doesn't get involved)
 

ColorMeUp

Well-Known Member
halcyon1234 said:
It would be even better if he paid it for a blackjack, and ignored it otherwise, thinking that it's just your next hand's bet. I guess you'd have to place it about halfway on the insurance/bet border. If you pull this off of a big enough bet, you could just pack it up for the evening and walk away with profit. (Or stick around and abuse the dealer more, if the pit doesn't get involved)
Speaking of getting paid for a blackjack.....

I was at a $10 table at Planet Hollywood a couple weeks ago, and pulled a blackjack with a $10 bet out. Dealer paid me my $15 and I collected my winnings, leaving the original $10 for the next hand. Everyone else played their hands and the dealer played his, and ended up busting. As he went around the table paying everyone, he paid me again! Not sure how he could make that mistake as he had already swept my cards, but I'll take a $25 payoff for a blackjack with a $10 bet any day!
 

halcyon1234

Well-Known Member
ColorMeUp said:
Speaking of getting paid for a blackjack.....

I was at a $10 table at Planet Hollywood a couple weeks ago, and pulled a blackjack with a $10 bet out. Dealer paid me my $15 and I collected my winnings, leaving the original $10 for the next hand. Everyone else played their hands and the dealer played his, and ended up busting. As he went around the table paying everyone, he paid me again! Not sure how he could make that mistake as he had already swept my cards, but I'll take a $25 payoff for a blackjack with a $10 bet any day!
I don't know what the proper procedure is for playing blackjacks, but I have a feeling it varies based on the dealer's upcard. Normally, they'd pay out right away. If they have a ten, they check first. If they have an ace, they offer insurance, then check. One would think that the dealer should pay before playing 1st bases' hand, and after they've done all their checking. But what most likely happens is the dealer checks, forgets about you, then pays you when they get to your spot. And if a dealer does that, then that's bad (for them) if they can't remember if they paid your bj yet or not.

You'd think that scooping up the cards would be a good indicator, but if the dealer's on autopilot, not really paying attention, he probably remembered that you had a blackjack, and there's chips. His brain experienced a discontinuity, and ran the PayBlackjack() subroutine. =)
 
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