| Posted by: Clayman at July 16, 2003, 6:02 pm | | Topic: Casinos with loss insurance Forum: Winner Online |
Quote: Originally Posted by hhcfreebie:
Some of the hand might be different than BS such as 16 s dealer's 10.
Most hands should still be the same as BS though.
I don't think there is a single hand where BS would change, no matter what the loss-insurance rate is as long as it's less than 100%. Certainly, doubling 17 or 18 s 2 would be suicide. What is your reasoning here?
Take 9,7 s 10 with a 20% loss rebate (multi-deck, standard rules), a ery close play. EV of hitting is -.535,EV of standing is -.537.
If you stand on this hand 1000 times betting $1/hand, you lose $537 and get a rebate of $107.40 for a net loss of $429.60. If you hit 1000 times, you lose $535 and get a rebate of $107.00 for a net loss of $428.00. You still lose less by hitting - same as BS. You only succeed in reducing your losses by 20% ($1.60 s $2)
There is no case where BS would change, no matter how close the plays are. I think all you are really doing overall is reducing the HA by the loss-rebate %.
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