Totally agree Magnum - you can see why P* are doing it; in the long run they earn 1% of all cashed out pots. Nice thing is it's totally up to you whether you want to pay for this service or not.
Quote:
Originally Posted by Magnum1111
If you think you are ahead, why would you take the insurance? If you have AA and your opponent has KK, you are an 80% favorite. You are entitled to 80% of that pot. You are selling it for 79%.
True - in the long run you'll win more by not using cashout, everything else being equal. Key question for me here though is does getting tilted when your AA gets cracked one time in five cost you more that 1% in the long run? I think everybody has their own answer to that...
The situation I'm really curious about though is when you have a monster draw with no showdown value but 80% equity on the flop, that you might be forced to fold to a bet on the turn or river if the board blanks. If we could get stacks in on the flop and bank 80% (-1%!) of the pot every time would that be +EV compared to a more conservative line.