- If the dealer is showing an Ace, the player is offered a supplemental bet called insurance. A wager of exactly half of the original bet is placed on the table. If the dealer has blackjack, the house pays the insurance bet 2 to 1. If the dealer does not have blackjack, the player loses the insurance bet, and the player's initial bet is then settled by comparing his cards with the dealer's. If the dealer and the player both have blackjack, the game is pushed and the player gets the amount won by taking insurance, called even money.