good cover, or stupidity?

xxrenegadexx

Well-Known Member
#1
next time im going to a casino im thinking about taking insurance every time and staying on all 16's ...... when i have my big bets out there it will be the correct plays...... what do you guys think?
 

Renzey

Well-Known Member
#2
Way too Costly

xxrenegadexx said:
next time im going to a casino im thinking about taking insurance every time and staying on all 16's ...... when i have my big bets out there it will be the correct plays...... what do you guys think?
Don't want to get into a full blown calculation on this one, but it's evident from just a brief look that this will take far too much EV off your game.

Taking Insurance (for the full amount) at all times will cost 0.30% of your action, not counting the 7% of the time that it will be correct.

Standing on all 16s, including those against 7, 8, 9 and Ace will cost about another about 0.30% at a neutral count.

You'll nearly become the very ploppy you're trying to look like.
 

aslan

Well-Known Member
#3
I'll take a swag at it

I like the "stay on 16" part of your proposition. I don't think the insurance part is quite as good. I can't wait to see how the gurus on here analyze this mathematically.
 

aslan

Well-Known Member
#4
Renzey said:
Standing on all 16s, including those against 7, 8, 9 and Ace will cost about another about 0.30% at a neutral count.

Wow! I didn't realize it was that much. Using the weaker KO system that I do, it would wipe out a large part of my advantage.
 

xxrenegadexx

Well-Known Member
#5
when i said taking insurance every time i meant take insurance for 1 dollar .... until i have the right situation then take it for the full amount
 

ihate17

Well-Known Member
#7
I do not do this but perhaps just the 16 vs 10

Staying on all of your 16's sounds way to expensive to me, perhaps just staying on your 16's vs 10. This is something others have suggested for cover.
The thing about 16 vs 7-A is you are a big underdog no matter what you do, but doing things like not hitting a 16 vs 7 is foolish. You hit anything, A-5 and you have a shot, while 16 vs 10, you hit an A,2, or 3 and there is still a good shot that the dealer will beat you.


One thing to consider is your bet level. My opinion is that both red and light green chip players can not afford to give any EV away and expect to really make money.

ihate17
 

xxrenegadexx

Well-Known Member
#8
why would red and green chip levels have anything to do with it ...... at a higher bet level it will help a lot more to stay on all 16s ( as long as they are "wonging out" on bad counts) my goal is to keep cover.
 

Renzey

Well-Known Member
#9
ihate17 said:
Staying on all of your 16's sounds way to expensive to me, perhaps just staying on your 16's vs 10.
Ya'know, I've always had a problem believing that consistently standing with 16 vs. 10 will bring any real cover, when they'll see you constantly hitting 16 against a 7 or 8 -- and virtually always against a 9 or Ace. I just play my 16s according to the count.
 

Mimosine

Well-Known Member
#10
Renzey said:
Ya'know, I've always had a problem believing that consistently standing with 16 vs. 10 will bring any real cover, when they'll see you constantly hitting 16 against a 7 or 8 -- and virtually always against a 9 or Ace. I just play my 16s according to the count.
I agree completely, and thanks to your book, and a few others - i don't even flinch when i have to hit a 16 v 7 or 8, even in a high count. I just know it is the right play and I do it, even though it means i'm losing money i know i'm losing LESS money than doing nothing.

regarding the initial insurance issue, i don't think it'll make any difference to the the dealers or the pit if you are always pushing out $1 insurance, in fact it might look more suspicious when you finally push out the big insurance bet all of a sudden. I only play insurance when the count calls for it, and you know what when i get it - me and the table usually make comments to the effect of "i/you just had a feeling that the dealer had it, wow i was right for once." blah blah etc. etc. far less costly 'cover' than a stream of $1's down the toilet, jumping to a big insurance bet per the count.
 
Last edited:

RJT

Well-Known Member
#11
I have to agree with you on that one Renzey. Logically you would think it would be more important to hit 16 against 9, 10, A than against 7 or 8, so someone hitting against 7 and 8's but standing against 9, 10, or A is going to look somewhat odd (the reason i mention 9's and A's is due to Ian Anderson's Ultimate Gambit).
As to Insurance, i feel that always insuring a blackjack is low cost cover and as just about every ploppy does, this a good idea. But i would follow the count for all other Insurance decisions.

RJT.
 

ChefJJ

Well-Known Member
#12
I'm not really sure how betting a small amount (say $1) in insurance situations, except in huge counts would look any different to the crew than betting nothing. The $1 cover seems like it would get them looking at you funny...and that just gets the ball rollin'.
 

EasyRhino

Well-Known Member
#13
16v10 is so close (since standing is the move in any positive count) that it doesn't cost much at all for cover.

Taking (full) insurance every time gets damn expensive, although I don't have the specific numbers. But it's too expensive.

The idea of using less cover at lower betting levels is twofold:

1) Scrutiny is lower
2) Your EV, in terms of $ per hour, is going to be pretty tiny. Throwing in expensive cover in here could make your EV unnoticeable.
 

halcyon1234

Well-Known Member
#14
Modify it slightly:

1) Take insurance on small hands but only if the previous two dealer Aces were NOT blackjacks. Rational: It'll make you look like a ploppy by calling upon the Something Is Due fallacy, but it'll only cost you about 1/3 of the cost of taking insurance all the time. Also, taking insurance all the time is A Sound And Thought Out Plan. Ploppies don't have those. They play hand-by-hand, and by gut. You don't want to go in always taking insurance. You want to go in with a quasi-mystic, incomprehensible reasoning for doing something one time and not another.

2) Rather than stand on all your 16s-- agonize over the decision, and then make a random choice. Base it on anything you desire-- gut, coin flip, if the waitress in on your left or right side, what the previous 16's results were. Or interact with other people. Ask the dealer for his advice. Ask 3rd base what he'd prefer in order to maximize the potential of the flow. If you're going to act like an indecisive, knowledgless helpless ploppy, then damn well ACT like it.

Both these techniques employ the wrong decision, but in such a way that it allows you to make the correct decision as well without looking suspicious.

Oh, and ramp up the act doubletime when the pit is actually watching. That's your audience.
 

ChefJJ

Well-Known Member
#15
halcyon1234 said:
1) Take insurance on small hands but only if the previous two dealer Aces were NOT blackjacks. Rational: It'll make you look like a ploppy by calling upon the Something Is Due fallacy, but it'll only cost you about 1/3 of the cost of taking insurance all the time. Also, taking insurance all the time is A Sound And Thought Out Plan. Ploppies don't have those. They play hand-by-hand, and by gut. You don't want to go in always taking insurance. You want to go in with a quasi-mystic, incomprehensible reasoning for doing something one time and not another.
Good stuff. I like that call...especially with some verbal "she's gotta have it this time" sort of thing.
 

ihate17

Well-Known Member
#16
Red and green

xxrenegadexx said:
why would red and green chip levels have anything to do with it ...... at a higher bet level it will help a lot more to stay on all 16s ( as long as they are "wonging out" on bad counts) my goal is to keep cover.
Red and green chip players can not afford to give up any dollars for cover, but that is my opinion. Chunky green yes, black and higher yes. The red chip player is making so little per hour that every minus EV play and every toke given eats away at too much of his potential profit.

At the higher level, you can afford to pay for this cover, but it actually costs you more in pure dollars.

If you really find (I do not know what your bet level is) that you need cover as a red chip player, you really need to either not play in casinos that sweat the smallest action or have to look in the mirror and try to see what the casino sees when it looks at you. A decent act, something like the talkitive good time guy on vacation, is all most red chip players need as cover and that will not cost you a dime. If you look like a counter, if your head keeps turning like you are watching a tennis match, if you spend more than a second to scan a table and adjust your count, or if someone can read your lips when you are counting, you can fix all of this and it will not cost you a cent of EV.

ihate17
 

EasyRhino

Well-Known Member
#17
What's the cutoff between green and chunky green?

If you are going to throw out the occasional cover insurance, I'd recommend doing it when you have a crappy hand and everyone can see it. That way it won't look so strange in a high count when you insure a hand, only to surrender it.
 

Cardcounter

Well-Known Member
#18
Bad plays

People who stay on 16 vs a 7 are losers. The casino counts on players to make mistakes of that very nature. By the way the cost of staying on 16 vs a 7 on a $100 bet is $12 to put that into prospective the advantage gained by betting a $100 on a plus 8 count is about $2-$3. That one play alone would give up 400% of your advantage from counting correctly.
 

shadroch

Well-Known Member
#19
Renegade claims he plays at the $5 tables in AC. As they exist only at Borgota,I'll assume thats where he plays.They are not known for sweating red chippers.
 

ihate17

Well-Known Member
#20
My point

shadroch said:
Renegade claims he plays at the $5 tables in AC. As they exist only at Borgota,I'll assume thats where he plays.They are not known for sweating red chippers.
If you are playing red chips in AC, why in the world would you bother with this kind of cover.

ihate17
 
Top