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"How is this a bad beat, I don't quite follow? Is 2k a lot for a green chipper?"
Don't be elitist. Starting with an ace vs. a dealer's six, you're a very big favorite to win the hand. You're an even bigger favorite once the dealer has 16. To me, yes, the $4,000 swing is a bad beat for a green chipper.
"Finally, I don't get how the play went from +EV to break even."
He didn't say that. What he wrote implies that, after losing $2,000, he received enough in subsequent comps that he attributed to that play to recoup the full value of the $2,000 loss. Or so it seems to me.
Don
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