Plugging
f=1 into our first formula we see that the contemplation
of insuring at least a portion of the bet should begin
with values of p just above 1/3(1 + 1) = 1/6, or when
just more than one out of six remaining cards is a
ten. if it's a choice betien all or nothing, the critical
fraction of
=. tens is, from our last formula, 1- log(1+1) 1 =
2435 or just
log (1+3/2)
less than one ten out of four cards.
Unfortunately
our newly converted gambler has no money left to insure
with. Will the casino accept his blackjack as security
and mark it? is the pit boss the devil ?
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