Within a year he told me that he earned over $100k playing against LL. In 2003, I shared the specialized count I developed with an AP based in Washington State. This simple tactical approach was both safe and highly profitable. The correct strategy was to play break-even blackjack, track the specialized LL count, and when the trigger count was exceeded, make a maximum bet on LL. Instead, most APs who lived in their “ blackjack card counting”-centered universe brought attention to themselves by their bet spread and play variation. There was plenty of profit available from LL alone.
What most APs missed during these glory days was that if they are playing against the LL bet then they should not be counting cards at blackjack. Few APs understood then, and few understand now, that LL is uniquely vulnerable to a specialized count. The bulk of the effort of early APs was to quantify the profit attainable by using one of the standard card counting systems against LL, like the High-Low system.
This is exactly the same situation the counter wants for the main game of blackjack. Of all the currently available side bets for blackjack, the news that Lucky Ladies (LL) is vulnerable to card counting has been out the longest. The reason is simple: LL pays for any player total of 20, so ten-valued cards are a premium.