BJA(3d) App C Insurance

Red Green

Red Green

Member
#1
#1
I was just re-reading BJA(3d paperback edition) and was looking at table C1 in App. C - Effect of Rule Variations. I'm a bit confused about the entry on Insurance at the bottom. It shows a negative impact therefore reducing the player's edge. Since Insurance is the most important index play, then surely having insurance increases the players' edge - or conversely, not offering it increases the HE? If that is not a typo I need someone to explain that to me v e r y s l o w l y, please!

As an aside - what a great resource!
 
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BoSox

Well-Known Member
#2
#2
Red Green said:
I was just re-reading BJA(3d paperback edition) and was looking at table C1 in App. C - Effect of Rule Variations. I'm a bit confused about the entry on Insurance at the bottom. It shows a negative impact therefore reducing the player's edge. Since Insurance is the most important index play, then surely having insurance increases the players' edge - or conversely, not offering it increases the HE? If that is not a typo I need someone to explain that to me v e r y s l o w l y, please!

As an aside - what a great resource!
Click to expand...
The reason being, Table C1 is The effect of rule variations on basic strategy expectations. Not for card counters. Basic strategy players have no reason to take insurance.
 
B

BoSox

Well-Known Member
#4
#4
Your welcome. Red Green, a good tip on that same table c, when you look at the numbers for late surrender remember that it is worth about triple the numbers for a card counter of what you are looking at.

Red Green wrote:

"As an aside - what a great resource!"

Wonderful book!
 
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BoSox

Well-Known Member
#6
#6
Red Green, sorry I brought the surrender option up without first asking. I meant well, anyway good cards and positive variance to you.
 
Red Green

Red Green

Member
#7
#7
Gosh - No offence taken at all! I appreciate your (and others) time and effort in responding and adding to my personal knowledge base. Sometimes a relevant tangent is more interesting than the OP. Sometimes wildly off course, but to each his own...this was a beneficial one, to be clear.

I was recently on vacation at a place and came across a small casino which did offer surrender and I’ll be back next year, so it’s all good info to file away. And on that specific game, there is a 7% tax on winnings! So, um, opposite of a rebate? Knowing that extra edge on surrender adds a bit to assessment how negative the tax is...
 
Hell'nBack

Hell'nBack

Well-Known Member
#8
#8
They tax your winnings 7%??? You're at a 1% advantage and they take that plus 6% more? It cannot be beaten.
I pay zero taxes on my winnings annually or otherwise.
 
Red Green

Red Green

Member
#9
#9
It’s 6D S17 DOA RSA RS3 LS play up to 3 spots at table min. Fair to poor penetration depending on the dealer. Not bad as far as 6d rules, but, yah, the tax kills it. I suppose it’s similar to paying an ante but only when you win.

I’m a recreational player and while profit is always a long term goal, on a vacation, for a few hours of fun (no comps - an independent joint) I’m okay maximizing my play and pulling for bit of positive variance.
 
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