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When the dealer shows an ace and the player has a blackjack, the player can opt for even money and get paid immediately at 1:1. This is a version of insurance rather than a different bet. If the dealer has blackjack, the hand is a push, but the player receives twice the value of the insurance, which is the same as the original bet.
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If the dealer shows an ace, an "insurance" bet is allowed. Insurance is a side bet that the dealer has a blackjack. The dealer asks for insurance bets before the first player plays. Insurance bets of up to half the player's current bet are placed on the "insurance bar" above the player's cards. If the dealer has a blackjack, insurance pays 2 to 1.
Kevin Blackwood is a professional blackjack player, card counter and gambling author. He is best known for his novel, The Counter, and his instructional book, Play Blackjack Like the Pros. Blackwood has played in the World Series of Blackjack [2] [3] and the Ultimate Blackjack Tour, a televised 10-week blackjack tournament airing on CBS. [4] [5]
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John Ferguson (born 1943), known by his pen name, Stanford Wong, is a gambling author best known for his book Professional Blackjack, first published in 1975. Wong's computer program "Blackjack Analyzer", initially created for personal use, was one of the first pieces of commercially available blackjack odds analyzing software. Wong has ...
Michael Dalton (born 1955) is a gambling author, publisher and founder of the Blackjack Review Network. He is best known for his Encyclopedia of Casino Twenty-One (formerly titled Blackjack: A Professional Reference) and Blackjack Review Magazine, which was published from 1992 through 1998.
In blackjack, even money bet is a side bet offered to a player that has a blackjack (an Ace and a ten-valued card) in case the dealer has an Ace as a face-up card. This bet costs half the size of the original bet. Even money bet protects the player from a push if the dealer has a blackjack.