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Thread: Insurance.

  1. #1
    Senior Member BigJer's Avatar
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    Insurance.

    BC: ExCAA mentions that taking insurance at below designated TC is an even money bet.

    "Insure when the count is exactly zero, insurance is an even bet , so you may wish to
    good hands for cover or variance-reduction purposes (insure soft hands, and 8- 11, 18-21)."

    I'm fairly sure that only applies to SD. However, does that also apply to 6D/8D?

    TIA.
    My Ability in Blackjack is a Gift from God!!

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    Insurance is not an even money bet when the count is zero, regardless of the number of decks used, at least if you are talking about hi-lo. Now insuring strong hands slightly below the index for insurance is definitely something that I can get behind.

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    Senior Member BigJer's Avatar
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    Quote Originally Posted by Meistro123 View Post
    Insurance is not an even money bet when the count is zero, regardless of the number of decks used, at least if you are talking about hi-lo. Now insuring strong hands slightly below the index for insurance is definitely something that I can get behind.
    OK. He was talking about a Level 2 unbalanced count. So it's not HiLo. I was kinda close.
    Last edited by BigJer; 11-07-2019 at 12:52 PM.
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    BigJer, do you still have your blackjack web site?

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    Senior Member BigJer's Avatar
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    Quote Originally Posted by Midwest Player View Post
    BigJer, do you still have your blackjack web site?
    I closed it. But, thanks for asking.
    My Ability in Blackjack is a Gift from God!!

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    OK. He was talking about a Level 2 unbalanced count.
    Yes, insuring strong hands slightly before the index can make sense, as it reduces variance and can be good cover. It's more important if you are betting aggressively (say using a 100 max bet bankroll), because if you are playing cautiously in the first place reducing variance is not a huge concern.

    Likewise you can also refrain from insuring weak hands slightly after the index, again to reduce variance.

    Yes, this applies to multi deck games as well.

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    Personaly I always wait, when dealer's upcard gets into an ace to take an insurance

  8. #8
    Senior Member BigJer's Avatar
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    Quote Originally Posted by gambling_insider View Post
    Personaly I always wait, when dealer's upcard gets into an ace to take an insurance
    Excellent!

    @Everyone. But there's also something else. When the first dealers card is dealt should you note the count at that time to take insurance? I think it's minimal EV.
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    Quote Originally Posted by BigJer View Post
    Excellent!

    @Everyone. But there's also something else. When the first dealers card is dealt should you note the count at that time to take insurance? I think it's minimal EV.
    Another good reason for heads up play. More accurate info on your most valuable index.

  10. #10
    Senior Member Gramazeka's Avatar
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    Quote Originally Posted by BigJer View Post
    BC: ExCAA mentions that taking insurance at below designated TC is an even money bet.

    "Insure when the count is exactly zero, insurance is an even bet , so you may wish to
    good hands for cover or variance-reduction purposes (insure soft hands, and 8- 11, 18-21)."

    I'm fairly sure that only applies to SD. However, does that also apply to 6D/8D?

    TIA.
    https://www.blackjacktheforum.com/sh...0-10-Insurance
    "Don't Cast Your Pearls Before Swine" (Jesus)

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