Take insurance

**Lion96** · 02-23-2018, 01:40 PM

I took all of the experts advices by never take insurance. At one point, I lost to insurance 80% of the time. I am tired of keep on losing hundreds of dollars to insurance. So now I’m going against all of the experts advices & take insurance every time and now I win insurance bets 80% of the time. If I had kept on listening to experts, I would have lost hundreds of dollars more given that I bet big. Don’t get me wrong, I love all of the experts advices except when it comes to insurance.

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**Sonny** · 02-23-2018, 01:43 PM

I've never met an expert who told me never to take insurance.

**ZenMaster_Flash** · 02-23-2018, 02:55 PM

Originally Posted by Three

" ... still better than most casinos."

Then take Insurance, by "Insuring for Less"
........ m u c h less.

**ZenMaster_Flash** · 02-23-2018, 07:21 PM

Originally Posted by Three

"Just taking it at all gets immediate heat and has your play reviewed."

If you are buying Insurance only when it is "correct" to do so,
(as is the case with >95% of all Card Counters) it deserves no
commentary from me. BUT if I say Partial Insurance" it is often
a correct play. Most Pit Critters and Pit Bosses will see you as an
asshole when taking insurance EVERY time. Obviously, they know
that taking Insurance EVERY time is play that is clearly anathema to Card Counters. Taking random tiny amounts of insurance like 10% or 15% of the amount of the main bets will be "low-cost" those that are betting wider in their spreads because they have bought a bit of longevity with this ploy. If they have moved their shoe game spread from 8~1 to 10~1 they will have gained more from their aggressive betting than they will have lost from betting (partial) insurance. Naturally, you can bet the full amount allotted when your Insurance Index has been reached. There are a few silly retorts you can bring up when your action is questioned. I just crow some nonsense about
"my hunches."

**Freightman** · 02-23-2018, 09:26 PM

Originally Posted by ZenMaster_Flash

If you are buying Insurance only when it is "correct" to do so,
(as is the case with >95% of all Card Counters) it deserves no
commentary from me. BUT if I say Partial Insurance" it is often
a correct play. Most Pit Critters and Pit Bosses will see you as an
asshole when taking insurance EVERY time. Obviously, they know
that taking Insurance EVERY time is play that is clearly anathema to Card Counters. Taking random tiny amounts of insurance like 10% or 15% of the amount of the main bets will be "low-cost" those that are betting wider in their spreads because they have bought a bit of longevity with this ploy. If they have moved their shoe game spread from 8~1 to 10~1 they will have gained more from their aggressive betting than they will have lost from betting (partial) insurance. Naturally, you can bet the full amount allotted when your Insurance Index has been reached. There are a few silly retorts you can bring up when your action is questioned. I just crow some nonsense about
"my hunches."

Some good shit here. Just for the hell if it, I'll try some if this "substandard" insurance for less.

**Red Green** · 02-23-2018, 10:04 PM

Originally Posted by Three

Just taking it at all gets immediate heat and has your play reviewed. If you value longevity there then you must give up insurance. It has a reputation of being a real sweat shop. If you take insurance it definitely is. I find them quite tolerant. They let you count within their comfort zone and make it clear when you have overstayed your welcome. If you let them train you as to what is acceptable then you can play there a long time. If you don't you are toast in no time at all.

I’m curious what tells you might see from the house to telegraph their tolerance? I’m guessing the cocktail waitress isn’t slipping you a note from the critter, slipped under your Perrier, telling you to reduce the spread, mix up your index plays at negative counts and to order a bourbon with a beer chaser!

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**hypercube** · 02-23-2018, 10:17 PM

well cool bosses will start hinting at you to leave and if you keep playing you may give it back. other signd ia when a pit boss starts jotting down notes of your physical appearance, gets on the phone after you did something like spreading and catching ace, and position s themselves in a place to watch your play where they think you are not aware, if ever asked dor an id leave immediately which prevents them from being able to trespassing you, do not go to cage!

**Freightman** · 02-24-2018, 08:38 AM

Originally Posted by moses

I don't worry so much my act. What you see is what you get. But I have a keen awareness to everyones act around me. When people start changing I start asking myself why? Consistency and self control are mine.

Yup

**Freightman** · 02-23-2018, 01:52 PM

Insurance is the biggest moneymaker in the blackjack house, I think around 8% if you always take it. There's a strike point, where you reduce house edge on insurance to zero. Thereafter, you make money.

If you're not a counter, never take insurance. If you are a counter, you would be well advised to learn when to take insurance.

**Meistro123** · 02-23-2018, 02:02 PM

Winning 80% of insurance bets is pretty good because you are only expected to win around 30% of the time.

**Lion96** · 02-23-2018, 02:24 PM

Originally Posted by Meistro123

Winning 80% of insurance bets is pretty good because you are only expected to win around 30% of the time.

I am not a counter but I was tired of kept on losing to insurance so I decided to take note of how many times I won insurance. Out of ten insurance bets, I lost the first insurance bet, then won the next 4, then lost the 5th bet, but won the next 4 insurance bets. I guess I consider myself very lucky that I won 80%. I think to win consistently, you need skills and lots of luck given the long and cold streaks in the game of Blackjack plus the games can get choppy with constant win/lost sequences. Good luck everyone!

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**Freightman** · 02-23-2018, 02:40 PM

Originally Posted by Meistro123

Winning 80% of insurance bets is pretty good because you are only expected to win around 30% of the time.

Could be selective memory as well.

**Ustonzen** · 02-23-2018, 02:06 PM

Originally Posted by Freightman

Insurance is the biggest moneymaker in the blackjack house, I think around 8% if you always take it. There's a strike point, where you reduce house edge on insurance to zero. Thereafter, you make money.

If you're not a counter, never take insurance. If you are a counter, you would be well advised to learn when to take insurance.

SOME people have advised not to take it because correlating you taking insurance with having bigger bets out is easy to spot.
However - most of the thought has leaned away from cover plays (except not splitting tens) and gravitated towards either better act or mostly just keeping your session short.
Use superstition - Ive had more than a few dealers tell me insurance was a sucker bet - you can get away with a lot at less sophisticated stores with a good act