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THE HOUSE OF PANE

TAKING INSURANCE IN TOURNAMENTS

By Joe Pane

Joe Pane is a skilled advantage blackjack player and an experienced tournament player who has won over half a million dollars in blackjack tournaments including his recent first place finish at the IP in Biloxi. Besides competing in tournaments around the country and on the Internet, Joe was recently hired by the Ultimate Blackjack Tour (UBT) as the Assistant Director of Tour Operations, as well as the Team UBT Coordinator. His peers consider him to be one of the strongest blackjack tournament players on the circuit.

 

First, I would like to thank Henry Tamburin for inviting "The House of Pane" column to become a monthly feature in the Blackjack Insider Newsletter.

With the recent demise of the blackjack side of All In Magazine, my "The House of Pane" column needed a new home. I hope that I can continue to bring you excellent blackjack tournament tips and other news related to blackjack, including playing conditions, right here at Blackjack Insider Newsletter.

This month’s column actually was born out of a tournament round that I recently played with Henry at the Tropicana in Las Vegas during Rick Jensen’s TBJPA tournament. Henry was a spectator at the table after he lost a key bet with just a few hands to go. He was observing the final hand when this insurance situation came up, and he thought it would make for an interesting article.

Insurance wagers during blackjack tournaments.

Now if you are a pure basic strategy player and not a card counter, you know there are three cardinal rules for playing...

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