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<><>I'll never forget that session for as long as I live. Not realizing that most "computerniks" (as they were called at that time borrowing the suffix from the Russian Sputnik satellite) were also inveterate blackjack players, they scheduled the Panel Discussion in one of their smaller meeting rooms. The room filled up and overflowed 45 minutes before the session was scheduled to start! Hundreds of conference attendees were pushing and shoving to get into the room. >p> The crowd, of course, had been drawn by Thorp. They were expecting revelations on the game and anticipated using his imparted wisdom immediately following the session to make a killing at the blackjack tables. Thorp moderated the panel and introduced the speakers one by one.

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In the event the dealer has an ace as the up card he will allow the players to insure their hands against a blackjack. This is much like any insurance policy in which you are betting something bad will happen. The insurance bet in blackjack pays 2:1 if the dealer has a blackjack. If the dealer has an ace showing and a player has a blackjack the dealer may ask "even money?" This is because if the player has a blackjack the net result of both the blackjack and the insurance bet will be an even money win regardless of whether the dealer has a blackjack. After all players have had a chance to accept or decline insurance the dealer will check the hole card.