Colin's point is that a basic strategy player should never insure. Therefore, the house edge for basic strategy is not impacted whether insurance is allowed or not.
The question doesn't really make sense. The impact on the HE for a counter is the net result of the betting ramp and all the strategy variations used.yeah thanks for that, so for a counter the HE is 0.55 + the impact of the no insurance rule?
IS that correct?
Thanks
Ming
If you re-run the sim you posted above, but with insurance enabled, you will be able to see the difference this produces in the bottom line, and thus get a feel for the value of insurance under those playing conditions.I know there are factors that affects the no insurance rules, but I am looking at a rule of thumb an estimated advantage it gives to the casino without the no insurance rule ...... And isn't everything we do in blackjack based on estimations, with any count we are estimating the advantages.
Just like people can say in hi-lo per TC it gives the player an advantage of 0.5.
Ming
The "problem" with ENHC its that your not splitting 8's vs. Ace, etc. etc.
The modified Basic Strategy is costly to you.
Insurance has no impact on this discussion.
What you must understand is that with a House Edge so high and "lackluster"
penetration you can only gain a realistic advantage with a huge spread, e.g.
> 25-1, and the bankroll requirements to keep "risk" to a reasonable level, is enormous,
perhaps as much as 1,500 units