Archive for June 30, 2011

One of the most important casino tricks we can utilize as gamblers is to gamble on the best odds. Sure, you may enjoy online casino slots as I do but in reality slots are not going to give you a nice return. I really hate the odds on slots because they are my poison of choice. There’s nothing like great graphics and an even better bonus round. One thing is for sure, there are great odds that you’ll lose if you play slots.

Is there hope for gamblers? In a word, yes! Games like Blackjack offer a 50-50 chance of winning. Those sound like odds I’m willing to bet on. I’ve learned some tricks along the way when it comes to Blackjack. One of those tricks is to never take insurance.

I have been told that insurance is a bet for suckers. It is not really “insurance” is it?  In reality, it is a little side bet we place that the dealer has Blackjack. When playing Blackjack, insurance is offered when the dealer is showing an Ace. If you want to take insurance, you are required to place fifty percent of your bet on the table.

Insurance is not protection for players. Statistically speaking, there are only 4 cards that make Blackjack. Those are not very good odds for an insurance bet and it is more likely that you will lose money in the long run if you take insurance.

With that in mind, insurance could make sense if you have the ability to count cards and you’re good at it. Card counters my benefit from insurance if used in the right scenario. I cannot count cards nor do I want to try. I can’t quite wrap my head around that whole process. I avoid insurance at all costs. I’ll leave insurance bets to the card counting experts.