Recent content by gronbog

Yes, except that they get paid $2 each on the insurance because insurance pays 2:1.

Player 1 and player 2 both lose their hands ($2 each) and both win insurance (2 x $1 = $2 each). I think you may be confusing yourself unnecessarily by thinking of the payouts for insurance and your hand as one combined payout. It may be easier if you realize that insurance is a side bet and is...

If the dealer does not have blackjack, then that's all they will tell you. They do not reveal their hand at this time. You lose your insurance bet, if you took insurance, and the hand continues. If the dealer does have blackjack, then they reveal it and the hand is over. You win your insurance...

The insurance bet is half of your original bet and pays 2 to 1 if the dealer has a blackjack. If the dealer does not have a blackjack, then you lose the insurance bet. Never take insurance when playing basic strategy.