Wonderful and fair post Boz.
What Mdawg claimed there, with the $100-$5000 spread for 10 hours, isn't just NOT the way Las Vegas works, but someone would have been fired that allowed what he claimed. And what he claims does put that claim into Alan's 18 y.o.'s in a row category. That is not hyperbole.
I will also answer the question about does he win all his largest (Max) bets? I think most people know the answer is unequivocally NO. If a card counter won even a majority of their largest bets, the advantage he would be playing would be far greater than a lousy 1%. The real answer is that a player doesn't even win half of his largest bets, even when the count is very high. Less than half.
The reason the advantage flips...ever so slightly, is because of the slight increase in blackjack at the 3:2 payoff. There are other much less important reasons like some of the double downs hit a bit more, but most of that advantage gained that allows the edge to flip ever so slightly is from a very small increase in blackjack.
But anyone who reads Mdawgs reports will have seen him say many, many times that he won the vast majority of his largest or Max bets. Again, that is just not how it work.
