Hi there! If you guys could help me here, just to make sure I understand insurance right:


Say my initial bet is $10 and the count is high, the dealer has an ace showing. Before anything else, he offers insurance to all players and I take this option for $5. Then:

- Case 1: The dealer has blackjack and I don't so I break even on the hand [($5 x 2) - $10] = $0

- Case 2: Both the dealer and I have blackjacks so we push on the hand but I win $10 thanks to my insurance bet. +$10

- Case 3: The dealer doesn't have blackjack so I lose my $5 insurance bet and we continue to play the hand. -$5 + ?


Am I missing something?