Hellmuth's insurance ideology

[ConspirEDD]

I guess not the best forum, but...

Why does he do this?

Pros:
1. He wants to eleminae his potential loss.
2. His elongated bickering pontentially (and actually) often adds to his camera-time.

Cons:

1. He is losing HUGE EV, this is obviously to anyone (including Phil)
2. To anyone that knows anything about poker OR math, he is dropping $K's into a storm drain


Undecideds (???'s):

1. Sacrificing $10k's of EV is worth minutes of camera time
2. The obvious idiocy of paying 10-15% insurance will make semi-aware gamblers realize that he doesn't know the difference b/w slots & poker.