Hand #10

You WIN!
Don't Insure is correct.

Insurance is a sucker bet that the casino will win 69% of the time.

Here's the arithmetic over one hundred hands:

You will win two units on the insurance bet thirty-one times and the casino will win one unit sixty-nine times. They'll be ahead by seven units after one hundred wagers. That a juicy 7% edge!

Casinos want you to think that insurance somehow "saves" your blackjack against a push, but don't be fooled. Insurance is a separate bet AGAINST your hand. It's a BAD bet because the odds favor your ace and ten. You'll earn more money in the long run (69% of the time) skipping the insurance and taking the 3:2 payment.

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Blackjack Basic Strategy: The Winning Way

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