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GAMING, RACING AND BETTING ACT
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19. Insurance wagers
2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

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19.   Insurance wagers

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    (1)   Whenever the first card dealt to the dealer is an ace, each player shall have the right to make an insurance wager which shall win if the dealer's second card is a king, queen, jack or 10 and shall lose if the dealer's second card is an ace, 2, 3, 4, 5, 6, 7, 8 or 9.

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    (2)   An insurance wager may be made by placing on the insurance line of the layout of the blackjack table an amount not more than 1/2 the amount staked on the player's initial wager which shall be accomplished immediately after the second card is dealt to each player and prior to any additional cards being dealt to them.

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    (3)   All winning insurance wagers shall be paid at odds of 2 to 1.

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    (4)   All losing insurance wagers shall be collected by the dealer immediately after he or she discloses his or her second or hole card, and before he or she draws any additional card.

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