All points I agree with. Theoretically any count should improve a flat betting index player's EV as compared to a flat betting basic strategist to at least some degree. As I recall Thorp in Beat the Dealer seemed to suggest that a flat betting Hi-Lo index player could have a pretty decent advantage for a single deck. Of course that was for the old favorable Vegas Strip single deck rules.Mimosine said:Honestly i think the best way to figure this out is to sim it. For some games and some rules it will be much more valuable, like if LS is offered. it will probably make a very small difference depending on how many people are seated, and for sure the number of decks will matter. then the number of indicies used, and the count. I think i read hi/lo + I18 + Fab4. oh yeah the all important pen will also have a huge effect. if pen is 50% you'll never be using index plays to the point where they'll make a difference. negative index plays like 13v2 12v6 etc are in the clear minority, the vast majority of index plays are employed in + counts, so you have to make sure you see those + counts...
From what I recall, i think a house edge of around .15 is what you're looking to trim off, though LS changes things quite a bit. and i can't back this up with any 'official' citation, though in my defense no one else here has been able to offer a more accurate number....
I would also add that I think that a valid index play would require a sufficient number of cards remaining in the shoe. Just how many I don't know.
k_c