Payout Limit on Lucky Ladies

[NotEnoughHeat]

Hi, this is my first post. I know this question might take a bit of work to answer but it would be really appreciated if someone took the time to answer.

I've exhausted most of the good info you can find on the subject through APHeat.net and blackjackinfo.com so I'm pretty sure this is a new question.

Lucky Ladies is a blackjack side bet with a few different payout tables. The one at my local casino uses this one:
First two cards Payout
QhQh (dealer BJ) 1000:1
QhQh 200:1
Matched 20 25:1 Matched 20s are Xs with the same rank, same suit
Suited 20 10:1
any 20 4:1

On a 6 deck shoe, with this payout using a hi-lo one should bet on the sidebet w/ a TC of 5 or above

However, my casino has a $15000 limit on the bet payout, effectively getting rid of the 1000:1 payout for any amount bet over $15

I'd imagine with a high enough count the bet would still be beatable. So I would like to ask, at what hi-low TC would you start betting more than $15?

Thanks in advance!

[hitthat16]

I believe it's hi-lo +7 when the bet becomes profitable.

[NotEnoughHeat]

That's for the payout table w/ 1000/125/19/9/4. However for the above payout table its 6 for DD and 5 for 6 shoe. http://www.blackjackinfo.com/bb/showthread.php?t=20896

[hitthat16]

Ah that's right. I stand corrected.

[Dieter]

I think that you'll hit the 4:1 and 10:1 so many more times than the 1000:1 that you may not mind only getting 600:1 if you're betting quarters.

[Nyne]

I don't have any number for you, but I'd analyze it as if there were no payoff for QhQh vs. dealer BJ and figure out what it takes for the proper bet size to exceed $15, because on any incremental bet above $15, QhQh vs. BJ doesn't pay you a dime more than you get from the $15 bet. Similarly, above $75, you should analyze it as if QhQh pays nothing. Often times you'll find info online about what true count makes these bets +EV, with the idea that you then bet the max at that TC. That's really not a good approach for some high variance side bets. You really should spread your bets with the count just like on your main bet. In some cases, the edge grows so fast relative to the count, and the max is low enough, that just max betting at any edge isn't horrible, but you should use caution with that approach if you haven't simmed it.