Insurance Bet Is Scam?

In Malaysia Online Casino blackjack game, insurance wager is one of the side bets by paying player 2:1 whenever dealer’s face-up card is an Ace. Players can choose to use or ignore the bet. The insurance is in case the dealer gets a blackjack, they can get half of original bet back and lose another half. If the dealer turns out another piece of card and result is a blackjack. Therefore, player win on his insurance bet but loses the original bet. Overall, the bet becomes “push”. Push means that player ties the hand and receive nothing for the betting amount. If the second card is not 10-value card, dealer collects player’s losing bet and continue the game. Most Malaysia Online Casino players has mistaken the concept of insurance bet as they believe it is a protection of their hand if the dealer has blackjack. However, the reality tells us it is not a protection for players as this side bet can be counted by tracking the number of ten-valued cards. Let’s see the odds...