itakeyourmoney
Well-Known Member
I've always played cautiously, taking even money every time I had a BJ with the dealer showing an Ace, is this wrong?
When to take/not take even money (6d, h17)
- Thread starter itakeyourmoney
- Start date
ihate17
Well-Known Member
Do you ever take insurance?
The reason I asked about insurance is that even money is simply taking insurance on your blackjack without putting 1/2 your bet out in front of your original bet.
The indice for taking even money is the same as the indice for insurance. Just about +3 (TC) for a 6D game. Remember, it is not the count in which you placed your original bet but the adjusted count after having seen the hand dealt.
Many players take it all the time and consider it a form of cover and reduced variance. The only time I tend to take even money when the count really does no longer call for it is when there was about a max bet count when I placed my bet but so many big cards came out on the hand that now it falls slightly below the indice line. I call it, "having to get paid on a big bet."
ihate17
The reason I asked about insurance is that even money is simply taking insurance on your blackjack without putting 1/2 your bet out in front of your original bet.
The indice for taking even money is the same as the indice for insurance. Just about +3 (TC) for a 6D game. Remember, it is not the count in which you placed your original bet but the adjusted count after having seen the hand dealt.
Many players take it all the time and consider it a form of cover and reduced variance. The only time I tend to take even money when the count really does no longer call for it is when there was about a max bet count when I placed my bet but so many big cards came out on the hand that now it falls slightly below the indice line. I call it, "having to get paid on a big bet."
ihate17
itakeyourmoney
Well-Known Member
So just to clarify: I should only take even money with a TC of +3 or more?
One problem with taking insurance with a big bet out is it's pretty obvious what's going on.
Yesterday, I had 2 hands with big bets out and pushed out an insurance bet. Just then, the pit manager happened to walk by the table and noticed it. He then stayed to count down the next shoe. I got up and left at that point
Yesterday, I had 2 hands with big bets out and pushed out an insurance bet. Just then, the pit manager happened to walk by the table and noticed it. He then stayed to count down the next shoe. I got up and left at that point
Unshake said:
Yes, there is a theory. It's my own and not backed up by sims. It's based on wanting to win my big bets. I'd rather win $30 than push if I'm betting $10 that day. For the most part, the reason I have a bigger bet than the count would call for is that the pit boss is watching closely. In this case, not only do I have a certain win, but I also show the PB that I'm a ploppie he doesn't need to worry about. Getting a BJ against an Ace with a bigger bet than the count dictates is a pretty rare occasion, perhaps twice a session.
Automatic Monkey
Banned
If you only take insurance on bets larger than your minimum bet, your losses are negligible and it provides practically no information on your skills to an observer.
daddybo
Well-Known Member
itakeyourmoney said:
Yes.. it will cost you money. Only take Even Money at the insurance TC's. Some indexes/counts are better at this than others. I've had dealers scold me for not taking even money after I revealed I had a BlackJack... say dealer had an Ace up and no ten in the hole.. had I taken EM I would have lost 1/3 of my midrange bet winnings.. If she had a ten, there would have been a Push.. of course I knew she didn't have a ten. ;-) Casino's offer it because it saves them money.
Most of the time with a big bet out you will be justified in taking it.
I Also agree with what IHate17 said.
I also agree with AutoMonkey too.. I have been know to do that when I'm paranoid. :eyepatch:
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jack.jackson
Well-Known Member
Since I use a L2 count, I take 1/2 insurance,(1/4 of bet) @+3. Thats usually when playing two-hands, but sometimes happens, w/1-hand only. I suppose someone taking insurance @+3 could insure as follows:
+1=1/6 of bet
+2=1/3 of bet
+3=1/2 of bet(full insure)
Playing Single and Double Deck, playing Ho2, using Ace params, there will be times, where the the count calls for taking insurance with a min bet, splitting XXs with minbet, and Hitting bust hands w/MaxBets out, sometimes all the way as low 14v4, depending on the # of players at the table of course. Of course you probably wont see that in MD.
+1=1/6 of bet
+2=1/3 of bet
+3=1/2 of bet(full insure)
Playing Single and Double Deck, playing Ho2, using Ace params, there will be times, where the the count calls for taking insurance with a min bet, splitting XXs with minbet, and Hitting bust hands w/MaxBets out, sometimes all the way as low 14v4, depending on the # of players at the table of course. Of course you probably wont see that in MD.
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