Insurance?

Sucker's Bet ?

In fact if as the Casinos offer the insurance Bet should every one use it properly, the Casinos would promptly halt it's offering.

  1. The Insurance Count How to do it.
  2. Little Cards A - 9 [36/52] = {+1}
  3. Big Cards X,J,Q,K [16/52] = {-2}

And so it goes all the way through the deck when the Insurance count Goes higher than {+4}, we have the information that the hidden dealer's card is more likely a large card than it was before the deal, hence more likely make a blackjack. The Odds are still less than 1 to 2which is. compare to the payoff 2 to 1, a good bet. If the Player's gets a good deck, (WIN), it is likely that the Tens came out, favoring the player's that one would expect the insurance count to be negative. Hence you would be disinclined to take the Insurance Bet. Just remember the Tens count as -2. A through 9 +1. As in any Counting System, you must change from the Basic Strategy to win money. The Same is true here. The change in strategy in this instance is to take the insurance bet.

How it works is so simple. Let's just consider 1 suit It's amazing, if the dealer shows an ACE there are 8 cards that won't give the dealer a Blackjack and four that will right. but the pay off is 2 to 1 so if you know more than are two little cards that you have, and hence can't be under the Ace, you also know that there are more likely, more than 1 to 2, to be a big card under, so it is a good bet. Let's practice with one suit, 13 cards. Deal up Two Hands one up in the Dealer's Hand. As the Cards come out you will count +1 for the Ace through 9 and -2 for the tens, jacks, queens and kings. 4 big cards = -8 and 9 little cards = +9 so start your count at 0,(in the consideration presently of one suit). The count may well go over+1, and then you know the ratio of big cards to small cards is less than 1:2 but the pay off is 2:1 so place that insure bet.

  1. This will make it really easy:
  2. Firstcard, Four, is a little card, {+1}
  3. Second a Jack a big card, {-2}
  4. Running Count is {-1}.
  5. Next little card, {+1}
  6. Running Count is {0}.
  7. Next big card, {-2}
  8. Running Count is {-2}.
  9. Next little card, {+1}
  10. Running Count is {-1}.
  11. Next big card, {-2}
  12. Running Count is {-3}.

Let's Review Again

No matter how good your hand is it only matters so much as it impacts the Insurance Count. So a couple of little cards make more sense to Insure than the Twenty composed of two tens. Since only the count matters. You could have any hand and at this juncture you must make the decision, either risk yet another half bet, or not. The pay off is Two to One. This mechanism allows you to make the best possible decision to maximize your gain long term. Does this mean you should only insure hands without a Ten or Picture, No You don't have enough information. Yet !

 

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