Blackjack

I live in the UK where online gambling is legal. I recently joined a casino and have just cashed out for nearly $30,000 US all from a starting bankroll of just over $200 US. I won 95% on BJ and 5% on slots.

However, I am not here to boast. I am here to ask a question about odds. In normal BJ when you take insurance and the dealer does indeed have a BJ you get paid 2/1 on your BJ bet and lose your original stake money. Let's assume that this did not happen. Let's assume that you got paid 2/1 on your entire bet including both your insurance bet and the original stake. So when you bet $100 and take insurance of $50 your total return on a dealer BJ would be $300 and if the dealer did not get BJ, you would lose you insurance bet as normal. How would this affect the house edge? Since my win, the game has been disabled. Thank you.

Ha ha, I wonder why it was disabled! Nice win.

Quote:

So when you bet $100 and take insurance of $50 your total return on a dealer BJ would be $300

I don't quite get this.

Assuming a six-deck shoe, and not considering the player's cards, if insurance pays 3-to-1 on a six-deck game, taking insurance against every dealer Ace adds 0.557% to the player side of the game.

Assuming a six-deck shoe, and not considering the player's cards, if insurance pays 6-to-1 on a six-deck game, taking insurance against every dealer Ace adds 2.756% to the player side of the game.

Quote: BJPlayerUK

I live in the UK where online gambling is legal. I recently joined a casino and have just cashed out for nearly $30,000 US all from a starting bankroll of just over $200 US. I won 95% on BJ and 5% on slots.

We believe you. Really. We do. Now go back to the pub and have another.

Quote: teliot

Quote:

So when you bet $100 and take insurance of $50 your total return on a dealer BJ would be $300

I don't quite get this.

I think the OP is saying that the 2-1 is being paid on both the original bet and the insurance bet.

Quote: ThatDonGuy

Quote: teliot

Quote:

So when you bet $100 and take insurance of $50 your total return on a dealer BJ would be $300

I don't quite get this.

I think the OP is saying that the 2-1 is being paid on both the original bet and the insurance bet.

Simplified, it would be 8:1 on the insurance wager, since the insurance wager itself pays 6:1 and you also get to keep the original bet (if I'm reading this correctly) when the dealer has a BJ, effectively paying an additional two bets by way of not taking the original bets. If the original bet is taken but the insurance bet still pays 2:1 on the value of both bets, then it's 6:1 for the insurance wager.

Quote: FleaStiff

We believe you. Really. We do. Now go back to the pub and have another.

Don't worry I will be and it won't be beer! Honest this really did happen and I should be getting my bank wire transfer by Friday.

It is very simple really. I got paid 2/1 on the insurance bet and even money on the original wager. So $50 insurance bet becomes $100 and original wager becomes $200. One small thing I forgot to mention was that when I had an Ace and it offered me even money, I would just skip this step and it paid me even money anyway!

So was this normal rules for the game they offered and now those rules can not be found?
I think not. A program error most likely.
You say the game is disabled.

I would have waited to spill the beans until after you had your money in your hands.
Many have counted their chickens before they hatched.

Good Luck

More reason for others that play at that casino after you to get ripped off by that casino.
All is fair in love and gambling.

Quote: guido111

So was this normal rules for the game they offered and now those rules can not be found?
I think not. A program error most likely.
You say the game is disabled.
I would have waited to spill the beans until after you had your money in your hands.
Many have counted their chickens before they hatched.
Good Luck
More reason for others that play at that casino after you to get ripped off by that casino.
All is fair in love and gambling.

You are absolutely correct in everything you say! I just never wanted to admit it on this forum. What I am trying to find out is how much did this affect the house advantage or did I just get incredibly lucky? My gut feeling is it dramatically helped me. Considering the casino caters more to bingo than BJ as a side game, I don't think many people play.

As far as counting my chickens, I actually had won $10,000 from a $2,000 deposit at the same site two weeks earlier but got greedy and lost the lot playing all night. I believe in Karma so wrote to the management of the site explaining exactly what had happened and told them of the error. My closing sentence was that
"I remain a loyal and honest player. Hopefully Karma will be kind and you will credit my account!" Thought they might give me a credit for my honestly. In reality they did nothing and didn't even bother writing to me thanking me for bringing this to their attention. So Karma did work but in a completely different way. I will post when the money is in my account. It now says allocated on banking and I have supplied all necessary ID. Fingers crossed. In the event of a program error, does anyone know what the legal implications of paying winnngs? I know punters in A.C. got paid on Punto-Banco when the cards weren't shuffled correctly.

Am I correct n understanding that you have not been paid yet
But you are on a popular gambling website
talking about errors in payoff amounts in the game?
And that the website has now shut down the game?
And that you think you are getting paid?

Website operates from Guernsey. Don't forget I told them about the situation nearly 2 weeks ago and they did nothing. They might have shut the game down just as a security check. Yes, I firmly believe I will get paid tomorrow. Then I will enquire more about why I can't play the game. They haven't locked my account and I am free to play other games.

I would be extremely surprised if you receive payment, but I really hope that you do. To answer your initial question, yes, this rule provided you with a player advantage. In fact, the correct play is to take insurance every time it's offered. You probably got lucky, but you had an edge as well.

deleted

Dear Axxxxxxx

Thank you for your e-mail.

Please be advised that your withdrawal was processed directly to your bank on 27th September.

Please allow 5-7 working days for the funds to reflect in your account.

Have a lovely weekend.

Kind Regards,

Nexxxx

xxxx xxxxxxx Accounts

CHEERS!! ANYONE FOR CHAMPAGNE?

Let us know when it's cash in hand. cheers!

You may want to wait to pop the cork until you verify the funds are in your account.

Quote: MidwestAP

You may want to wait to pop the cork until you verify the funds are in your account.

Money in bank, Champagne in belly! Now, when are they going to enable the game again?

So which is this site you said? :)

Quote: WongBo

Am I correct n understanding that you have not been paid yet
But you are on a popular gambling website
talking about errors in payoff amounts in the game?
And that the website has now shut down the game?
And that you think you are getting paid?

I'm with WongBo on this one, i'm really doubting you're getting paid. Hope you do, but seriously doubt it.

Wow!! you got paid....really...ahhh I'm thinking that assuming everything you said is correct. That the game in question will be turned back on the day after never.

Well you've already committed the cardinal sin of bragging about a mistaken payout before getting cash in hand. That might come back to haunt you financially.