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In Blackjack, Taking Insurance Is Usually A Waste of Money How can the answer be improved? In Blackjack, Taking Insurance Is Usually A Waste of Money In Blackjack, Taking Insurance Is Usually A Waste of Money. To simplify the math, say that in a year, you take $5 in insurance 1300 times. If the cards are distributed statistically, you'd win 400 of these bets, raking in 400 x $10 = $4000. But you'd lose 900 bets, giving up 900 x $5 = $4500. You'd be $500 behind.
Just like the lottery, isn't going to the casino a waste of money. it seems most of the people their are losers. And whetehr you play blackjack, or whatever, you're almost certain to lose everything if you stay a couple hours. I'd estimate over 99% of people end up leaving with LESS money than they came with. Am I wrong?
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Feb 27, 2014 ... The mission to teach casinos that they should not fear blackjack ... Second, that there is a lot of money to be made from card counting. .... I believe that card counting does give the player a huge edge and it is not a waste of ... Where do the people at the casinos get all the money to waste ...
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