A player can pick what to do from 4 options (split, double, stand, or hit). Before making the decision, an insurance bet is an option that is available. The condition for placing an insurance occurs when the dealer has an ace as the first card. In this scenario, the dealer has the opportunity for going for blackjack, because the second card that is facing down can have a 10-point value. To insure yourself from the dealer’s blackjack, bet a value that is half the amount of the original bet. These chips are often placed in an area on the table that is labelled “insurance 2:1”.

The insurance bet can disappear if the blackjack is not on the dealer’s hand. Players will resume the play as usual. If the dealer has blackjack, the hand and the initial bet is lost. But you will have a payout of 2:1 once you win your insurance bet.