An "Even Money" bet is the same as an "Insurance" bet but is named differently when a player has a Blackjack. Simply speaking if a player has a Blackjack, and the dealer has a Ace showing and the player wants to insure against a dealer Blackjack this bet would be called a "Even Money" bet. Lets assume a player makes a $20 wager and has a Blackjack, if the dealer does not have a Blackjack this bet would pay $30. Now lets assume a player has a Blackjack and wagers the same amount but the dealer has an Ace showing, and the player elects to insure against a dealer Blackjack for the full amount of $10. Now one of two different outcomes will occur. • The dealer does not have a Blackjack therefor the player would loose the $10 insurance bet but would win $30 for the Blackjack.

• The dealer does have a Blackjack therefor the player would win the $10 dollar insurance bet and the original wager would tie.

Although this bet sounds good, the player guaranteed a profit even if the dealer has a Blackjack we do not recommend that a beginner makes this wager. The "Even Money" bet is no different than the "Insurance" bet, the odds are in the casinos favor. This bet is only recommended for advanced players that incorporate card counting techniques.