CasinoAlpha's Take on Baccarat Insurance: Useful or Casino Trap?
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Are you curious about how the Baccarat insurance bet has evolved to keep Irish players engaged in online casinos? Our casino author, Adela Mariuta, will present key details about this feature that has sparked debate among players and experts alike. You will see how this bet can impact your gameplay and understand whether it is a strategic advantage or a wager scam.
- Baccarat Insurance Explained
- Player vs. Casino: Who Can Win With the Baccarat Insurance Bet?
- Other Games That Have Insurance
- Specialists’ Verdicts on the Baccarat Insurance Bet
Baccarat Insurance Explained
Baccarat insurance is a side bet available in some live online casinos. This extra wager doesn’t gain the popularity of the other bets because only some casino providers include it, and people find out about it by chance.
Before continuing to read and understand this complicated bet, ensure you know the basic baccarat rules, house edge, and table layout.
Increased protection
This side bet can offer you protection again, a more substantial hand than yours. Casinos allow you to take advantage of this stake at the beginning of the game, so you don’t need to try to seek it.
However, you’ll see that you can use it during the playing. You have two types of insurance: a Player’s and a Banker’s. They do the same thing at their core, but you need to know that you must place a Banker’s Insurance when the dealer is losing, not vice versa.
Baccarat insurance protects your losing bet when the opposing hand gets a substantial early advantage. For example, if the Banker shows a natural win, they have a significant edge to start.
A natural win is when one of the two parts has a total number of points, either 8 or 9, with only two cards.
But you can recoup some losses if this situation happens by betting insurance on the player’s hand.
Are The Bets Changed During a Match With Baccarat Insurance?
The Baccarat insurance does not alter the core rules and payouts. The Banker, player, or tie outcomes remain identical whether an insurance bet is placed or not.
You can’t choose to bet insurance only on certain hands or at specific times after the game starts.
Another rule you should know, especially in American casinos, is that, on some hands, dealers may reveal cards in a reversed order from the standard sequence when insurance is in play. However, regardless of that change, the end results of winning and losing hands would still match the traditional game.
Ultimately, insurance gives players additional betting options and protects particular wagers. However, the presence or absence of insurance side bets does not alter Baccarat’s fundamental probabilities and payouts.
Player vs. Casino: Who Can Win With the Baccarat Insurance Bet?
Insurance bets typically pay a fair amount when the hand you are insuring wins. You can read the following table with every outcome to better understand the odds.
Payouts after the 3rd card has been turned
- Banker Insurance Payout Odds if the Banker Loses
| Player Points | Banker Points | Insurance Odds |
|---|---|---|
| 1 | 1 | 6 to 1 |
| 1 | 2-6 | 7 to 1 |
| 2 | 3-6 | 4 to 1 |
| 3 | 4 | 1.2 to 1 |
- Player Insurance Payout Odds if the Player Loses
| Player Points | Banker Points | Insurance Odds |
|---|---|---|
| 5 | Under or equal to 4 | 2 to 1 |
| 6 | Under or equal to 5 | 3 to 1 |
| 7 | Under or equal to 6 | 4 to 1 |
| 8 | Under or equal to 6 | 7 to 1 |
| 9 | Under 7 | 8 to 1 |
Payouts after the 4th card has been turned
- Player Insurance Payout Odds if the Player Loses
| Player Points | Banker Points | Insurance Odds |
|---|---|---|
| 5 | 4 | 2 to 1 |
| 6 | Under or equal to 5 | 3 to 1 |
| 7 | Under or equal to 5 | 4 to 1 |
- Banker Insurance Payout Odds if the Banker Loses
| Player Points | Banker Points | Insurance Odds |
|---|---|---|
| Under or equal to 4 | 5 | 2 to 1 |
| Under or equal to 5 | 6 | 3 to 1 |
| Under 6 | 7 | 4 to 1 |
The tables above explain how you can get paid according to the number of cards, bets, and insurance. The calculations are easy. So if you bet €10 on insurance for the player after the third card has been turned, and the player hand beats the favoured banker, you could win up to 70 euros.
However, there is a special rule you should never forget.
If you place a stake on the players with a Player Insurance Bet at 9 points after the 3rd card rule, and the Banker subsequently obtains 9 points, it will be considered a tie.
Other Games That Have Insurance
Casino insurance bets are not new in live casinos; almost all table games have it. Thus, these present slight differences.
Blackjack Insurance
As with the Baccarat side bet, this one offers relative protection against the dealer having a natural blackjack when their upcard is an Ace. Insurance pays 2-to-1 on your original bet if the dealer has blackjack. You can find out more about blackjack insurance in our detailed article.
Pai Gow Insurance
Some casinos allow you to insure a high-ranking hand like a straight, flush, or full house in Pai Gow Poker. This pays 2-to-1 if your hand gets beaten by an even higher-ranked one.
Three Card Poker Insurance and Caribbean Stud Insurance
Players can guarantee an Ante bet when the dealer’s upcard is an Ace (for both games) or King (only for Three-Card Poker).
Texas Hold’em Bonus Insurance
This optional bet pays if your starting hand loses to a better one, like four of a kind or better. It protects starting hands like high pairs. However, it is uncommon in casinos, and the payout is 2-to-1.
Specialists’ Verdicts on the Baccarat Insurance Bet
The Baccarat Insurance bet is a nice wager for pro players. If you already know the rules, the tricks, and all the Baccarat secrets, you can try following the tables above and placing insurance wagers.
Insurance is never mandatory, even if the game allows the bet, so if you are uncertain, ignore it. As a new player, you should get a grip on the casino guides and try this complex bet. You can win real money by following simpler strategies on Baccarat. Lastly, no matter if you choose to use this insurance bet or not, we advise players to always stick to responsible gambling practices.
