[Ikaros]

[ QUOTE ]


Then look at the time he was at the FT during this years WSOP. He lost every insurance bet, placed in like 3rd or 4th, and broke even because of all his insurance losses.

Or are you just saying in cash games it makes sense for PH?

[/ QUOTE ]

I think Phil's belief that those insurance bets are actually +ev to him is the only explanation for his insistence on making them that makes sense. I mean, he can't be actually afraid of losing his stack, can he? Haven't we all lost our stacks more times than we care to count. I am sure Phil has, as well.

I haven't really watched the WSOP, and I had no idea he was doing it there too. I don't know how he would calculate the insurance ev in tournament setting.