A method of playing a game (e.g., blackjack or other wagering game), where the user is provided with the option of purchasing bet insurance by paying an additional fee at the time the time he/she pays the subscription fee. At a predetermined time during the course of the subscription period, and if the player is below a predetermined number of total points or other standing, the player's bet protection is automatically applied, and the player is refunded his initial subscription fee with the gaming operator keeping the insurance fee. Further, the player is eliminated from the plurality of game sessions for the remaining time of that subscription period.