BJA(3d) App C Insurance

[Red Green]

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!

 

[BoSox]

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!

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.

 

[Red Green]

Thanks BoSox.

 

[BoSox]

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!

 

[Red Green]

Good to know...

the place I play is NS...I think that math is 0.000 x 3 = 00.000

 

[BoSox]

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]

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]

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]

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.