Then let me ask this. Insurance at +3 and up-O.K., I can see even money on the BJ. But what about OTHER hands? Why would one insure a stiff, when you're at a greater chance of losing ANYWAY, why throw more money after a bad hand? And on the reverse-wouldn't it it become (at the very least) a break-even to insure a +3 count pat hand?
Taking insurance on a Blackjack
- Thread starter blck90vette
- Start date
ESP,
Where you are going wrong is that you are considering the insurance as a part of the hand. It's not. It is a totally seperate wager that the dealer has a 10 under his A. It has nothing what-so-ever to do with the hand that you are playing.
As long as you know that the ratio of non-10's to 10's is such that the dealer will have a 10 under his A at least 1 in every 3 times, then the 2:1 payout on insurance makes this a profitable bet. The larger the number of 10s the better the chance of the dealer having blackjack the higher your advantage on this side bet.
RJT.
Where you are going wrong is that you are considering the insurance as a part of the hand. It's not. It is a totally seperate wager that the dealer has a 10 under his A. It has nothing what-so-ever to do with the hand that you are playing.
As long as you know that the ratio of non-10's to 10's is such that the dealer will have a 10 under his A at least 1 in every 3 times, then the 2:1 payout on insurance makes this a profitable bet. The larger the number of 10s the better the chance of the dealer having blackjack the higher your advantage on this side bet.
RJT.
ihate17
Well-Known Member
The real insurance giveaway of a counter and I have done it many a time
The count is high, the dealer shows an ace and you insure your 16 because that is what the indice says to do. The dealer does not have blackjack so now you surrender.
No one does this but a counter.
ihate17
The count is high, the dealer shows an ace and you insure your 16 because that is what the indice says to do. The dealer does not have blackjack so now you surrender.
No one does this but a counter.
ihate17
I am a firm believe that the correct play is to make the correct decision. Your max bet should only be 1% of your bankroll, so you shouldn't be sweating the decision between even money or not, you'd just make the best play according to the count.supercoolmancool said:
If you're betting properly, when will you have 6% of your bankroll out on the table while getting dealt a blackjack? By splitting and doubling you could get there, but not by getting dealt a BJ.
supercoolmancool
Well-Known Member
Right. The only time such a situation would come up where you have a huge bet out and the count is negative is during ace prediction. But still useful knowledge. Even more interesting stuff is in this article:
http://www.blackjackforumonline.com/content/ACEbjfo1.pdf
As it appears, you take even money on bets of 8% and higher and that "when the insurance bet is negative you never take full insurace."
http://www.blackjackforumonline.com/content/ACEbjfo1.pdf
As it appears, you take even money on bets of 8% and higher and that "when the insurance bet is negative you never take full insurace."