What is the mandatory insurance for the River card?

What is the mandatory insurance for the River card?

  • A mandatory insurance for the River card is required to ensure you when one of your insured outs does not appear on the Turn but does appear on the River.
  • The purpose of the mandatory insurance is done to ensure you in the case the River card forces you to lose, and to cover the Premium you paid for on the Turn.
  • Therefore, in the situation you had applied for insurance of a River card when purchasing the insurance for the Turn card on the Flop, the Premium that guarantees the insured amount will be set to the minimum amount and the claim will be adjusted according to it.
  • If the number of outs increases to at least 15 outs after the Turn card is displayed and thus it is no longer possible for you to apply for insurance (for more details, click here), the claim will be automatically set to the Premium for the Turn card and you will be automatically opted-in to the insurance for the River card.
  • At this time, the Mandatory Premium will be calculated as follows:
    Mandatory Premium for the River card = (Premium for Turn card) / (Odds for expected outs on the River)

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