AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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March 4th, 2014 at 12:56:43 PM permalink
The question is not whether you should insure a blackjack against an ace, but what fraction of the bet you should insure.
Kickass
Kickass
Joined: Nov 12, 2013
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March 4th, 2014 at 1:48:38 PM permalink
Quote: AcesAndEights

Minor on-topic gripe, at myself mostly. I had a max bet out and dealer showed an ace. She asked for insurance and gave us about a half second before checking her hole card and yep, face underneath. I hesitated because I didn't have enough chips to insure the full amount of my bet (I had plenty of cash in my pocket). So, I lost the big bet instead of keeping it >:o.

Now, I think it's good protocol to give everyone a chance to take insurance, but it was an obvious play for me to make as the count was sky high. I just hesitated because my chip stack was low. I should have immediately said "Wait!" or "yes, I want insurance" and begun digging into my pocket. Good thing I'm not doing this to pay the rent :/



It happened to me very recently too. I played two hands of max bets and I wanted to check both hands before buying insurance. The dealer said "Insurance?... No insurance" immediately. I did not have enough time to stop her. I did not really want to bring it up to the pit boss at that time because I had crappy hands. The only people who would insure those hands are the counters.

In the different casino, which is Venetian on the other day, I bought in $500 and I put five old $100 on the table. At the same time, the waitress asked to order some drink. I spent few seconds talking to the waitress and I was distracted. The dealer yelled "Check change $400" and the Pit boss said OK far away from the table. The dealer was almost in the motion to drop my money. Luckily, I could stop the dealer at very last millisecond. Those 5 bills are not sticky at all and I have no idea why the dealer could count only four there. The dealer did not apologize. I guess this is how they train them in Venetian.
Leave Katie alone. Rasul: Or what? Or I come back and break your F** legs
JimRockford
JimRockford
Joined: Apr 17, 2012
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March 4th, 2014 at 3:13:55 PM permalink
Quote: rob45

Depends on a lot of things.....

Which game, under which rules?
Which casino, and which supervisor?


S17 6 deck, 0.28% HE and S17 2deck 0.27% HE at the Mirage and occasionally other Strip properties, spreading $50 to $150. I take it that I may be right to be paranoid at the 2 deck game.
"Truth is ever to be found in the simplicity, and not in the multiplicity and confusion of things." - Isaac Newton
hwccdealer
hwccdealer
Joined: Jun 4, 2013
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March 4th, 2014 at 3:47:24 PM permalink
Quote: AxiomOfChoice

The question is not whether you should insure a blackjack against an ace, but what fraction of the bet you should insure.



Sounds a lot like the "even money" option, which is essentially the same math as insurance for the full amount. Of course, I hear people who wouldn't dream of taking insurance call for even money every time, regardless of count.
AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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March 4th, 2014 at 3:49:16 PM permalink
Quote: hwccdealer

Sounds a lot like the "even money" option, which is essentially the same math as insurance for the full amount. Of course, I hear people who wouldn't dream of taking insurance call for even money every time, regardless of count.



As I said, the question is, what fraction should you insure?

There is a choice between the extremes of "no insurance" and "taking even money". You can partially insure.

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