|
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. |