SircOlman,

Are you sure this casino uses 55% penetration? I thought that online casinos shuffled after every round.

The game you described is pretty bad, but you can beat it if you have a very aggressive bet spread. (Do online casinos have "heat"? Will they kick you out for using an aggressive bet spread? I don't know.)

Here is the simulation I ran.

8 decks
55% penetration
double-down after split allowed
splitting aces allowed
split up to four hands allowed
double down on any first two cards
play two spots always
bet ramp is $5, $100, $200, $300, $400, $500, $500, $500, etc.
for a count of <=0, 1, 2, 3, 4, 5, 6, 7, etc.
Hi-Lo count
I simulated 10 hours at 70 rounds per hour (700 rounds).

Average profit: $270
Standard deviation of profit: $4,308

bw929