you could bet more than TC X 1 unit on the LL
Mayor,
I used a bet size of TC X 1 U for both the blackjack bet and the LL bet based on the rule that you cannot bet more on the LL bet than on the blackjack bet, and wishing to optimize he blackjack Ev. I think, though, that you could bet more on the LL bet, but I'm not sure how to figure out what the optimal bet size would be, because when you bet more on the LL bet, then you have to be the same amount on the blackjack bet and you will be overbetting the blackjack bet. I'm not sure how to calculate the effect of betting optimal bet size on the LL bet while overbetting the blackjack bet.
Since the Ev gets very high at very high TC for the LL bet, the overall Ev for the LL bet could be increased by betting an optimal bet size for the LL bet. Then, of course you would have to deduct the negative impact of overbetting the blackjack bet.
Any ideas, anyone?
Thanks,
Steve