What is the slight difference? zg[/QUOT,
Lets go over 13 hands at $100 each.
Your bet is $100.You have BJ,dealer shows an ACE. You take even money,you win $100. 13hands,$1300 bet,$1300 won.A 1-1 return on your money bet
You bet is 100. You have BJ. You take insurance. Out of 13 hands,dealer won't have BJ 9 of them,and you win $1350,but lose 9 bets of $50 each($450 total). dealer will have BJ 4 times so you will win a total of 200 while pushing on $400 worth of bets 13 hands played. You have wagered 1950 and won 1300. A return of less than 1-1 on your wagers.
Same amount won,different amount bet. So they can't be considered exactly the same thing.Very similar,but a slight difference.
If you find a casino that gives comps on the total amount bet,not just the initial bet,then taking insurance is the better play.
Or am I mistaken here?