I often wonder why casinos don't offer Insurance at 100% of the original bet. Or - just offer it right up to the table limit. Would be a giant money maker for casinos. It would also be an opportunity for us.
I�ve played games where insurance is offered versus anything from 7 thru Ace, but at the usual 50% of the original bet. With big spread and good pen, I think, it improves player�s expectation by up to 0.4%.
How do you win or lose the bet??? If your hand loses??? I dunno nuttin!!!
We could call it the "suicide bet". Make it once and you've hung yourself. Who's that tapping on my shoulder???
Cobbson
All the more reason why casinos should offer it.
I played blackjack with 100% insurance and you could insure any or all other player's hands at the table if they didn't want to take it themselves. No problems.
I just have noticed a Game in Europe with no limits for the insurance bet other than table limits. How should one best tackle it? What is a good strategy?
Thanks for any help.
It was ENHC game. Player is offered insurance every time dealer�s first card is 7, 8, 9, 10 or Ace. By taking insurance one is betting dealer�s second card is a ten. Odds are the usual 2 to 1. Like in the classic insurance one wins the bet when dealer�s second card is a ten. The bet is paid after the dealer has finished her/his hand.
With the Ten Count could make a decent living from this insurance side bet.
I did run into a game where they offered even money when the dealer has a ten up. At first I thought it was just a newer dealer just making a mistake when they asked me. After the second dealer asked me the same thing, I asked why they offer even money on a ten. The floor person told me that they do it to be nice to the players. I was thinking your screwing the players over, but I guess some people want that guaranteed money.
