Question 1

What is poker insurance?

Accepted Answer

In an all-in pot, the player who is ahead can pay a small amount to insure the pot against the next card. If one of the other players' outs comes, the insurer pays them the amount they bought times the odds for that number of outs. If no out comes, they keep the pot but lose what they paid.

Question 2

How much insurance can I buy?

Accepted Answer

At most the pot divided by the odds. With a 1,000 pot and 2 outs at odds of 15, the most you can buy is 66.66.

Question 3

What happens if I buy insurance and win?

Accepted Answer

You keep the pot, minus what you paid for the insurance. Buying 50 on a 1,000 pot leaves you 950.

Question 4

Does insurance work with side pots?

Accepted Answer

Yes. Enter what each player put in and the main pot and side pots are worked out (A 100, B 80, C 30 gives a main pot of 30 × 3 and a side pot of 50 × 2, with A's uncalled 20 returned). Each pot is insured on its own: the player ahead among the players in that pot can insure it against their outs.

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