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Imprinted on the green felt surface of practically all casino Online Blackjack Games tables in America is the legend: "Insurance pays two to one." This insurance bet is a difficult one for many players to comprehend, and few players really know how to calculate the odds on the insurance wager.

The name of the wager is misleading. This bet is concerned with the probability of a dealer having a Online Blackjack Games when his upcard is an ace. If the dealer has a Online Blackjack Games, the insurance bet wins; if he doesn't have one, the insurance bet loses. In effect, the player, by making this bet, is hoping the dealer has a Online Blackjack Games. If the dealer doesn't have that 10-value card as his hole card, the player will lose this bet.

The insurance bet can be made only when the dealer shows an ace. When the ace is his upcard, the dealer must ask the players if they want insurance. He must wait a couple of moments for everyone to make a decision about the insurance bet. After all the insurance bets are made, the dealer peeks at his hole card, except in Atlantic City casinos, where the dealer pays off or collects on the insurance bet only after all the players' hands have been acted on. If it's a 10-value card, he turns over his cards immediately, showing his Online Blackjack Games, and pays off the players who made the insurance bet at 2-1. If he doesn't have a 10 in the hole, the dealer collects the losing insurance bets, keeps his hole card concealed, and the games goes on.

An insurance bet is limited to half the original bet and is made by placing the chips in front of the player's cards. Additional chips must be used; you can't use half your originally waged chips for this bet, but must place additional chips equal to half your original Online Blackjack Games bet. For example, if your original bet was $10 and the dealer shows an ace as his upcard, you make an additional $5 bet as your insurance bet. If the dealer doesn't have a 10 in the hole, the $5 bet is immediately lost, and you must act on your hand to try to win your original $10 bet.

Other Ways to Judge Your Play
As you can see, someone who approaches poker with an "I bet when I have a good hand" approach has far too few weapons in his arsenal. He might be able to beat other amateurs, or he might be able to beat good players for a short time if he gets hit with the deck, but over the long run, this simplistic approach is hopeless.

There are a host of other reasons to bet and raise, just as many to check, and even more to fold. If you do not have a specific, valid reason for each and every action you take (or fail to take), you have considerable room to improve, no matter your short-term results.
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