Insurance - 2 to 1 or just a push

Hello Black Jack experts. I am confused about Insurance. Let me outline two scenarios and please let me know which outcome is correct. Scenario A or Scenario B.


A.) You are playing Black Jack at a casino and you have bet $50. The dealers up card shows an Ace, and so you decide to insure your bet by half your original bet, so your insurance side bet is $25.

Result : The dealer does in fact have a black jack and so you lose your original bet of $50, however you win your insurance bet. You are paid $25 by the Dealer,
There is now $50 worth of chips on the insurance line meaning you won $50 worth of chips.


B.) You are playing Black Jack at a casino and you have bet $50. The dealers up card shows an Ace, and so you decide to insure your bet by half your original bet, so your insurance side bet is $25.

Result : The dealer does in fact have a black jack and so you lose your original bet of $50, however you win your insurance bet. You are paid $50 by the dealer,
There is now $75 worth of chips on the insurance line meaning that you won a total of $75.

2:1 means that a $25 bet wins $50, your 1 green chip is paid 2 green chips.

Thanks bigfoot66, so scenario B is correct and I have a total of $75 worth of chips on the insurance line.

I thought so. Yet I have seen some contrary posts on Yahoo forums which is obviously the wrong place to look. If anyone begs to differ with the conclusion, please speak up. Thanks.

Quote: SnapBack

Thanks bigfoot66, so scenario B is correct and I have a total of $75 worth of chips on the insurance line.

I think the "problem" is, you didn't "win" $75; you "won" $50. The $75 on the insurance line is the $25 you bet plus the $50 you won on the bet. It sounds like some people are being confused by your definition of the amount "won".

Yes, I "do" tend to "overuse" "quotes" on occasion, don't I? (You should see what I do with parentheses.)

Yes, true. Thanks DonGuy.

Bigfoot is correct. Insurance Pay 2-1. You should have 2 additional green chips on your insurance wager, meaning 3 total green chips after losing your main bet.


ZCore13