Don�t Dismiss it out of hand.
It sounds to me like you are dismissing it out of hand ?
The rule that allows you to Press the better of your two hands is very favorable. It more than offsets the even money BJ rules. Early in September, when the Press bet first came out, SW and I went back and forth trying to analyze the BS advantage. For a while, there was some thought that it was even off the top.
Some of my notes on this were destroyed when my old laptop melted down later this fall. I still have the code and could re-run it if necessary.
Looking at what output I have , it looks like the raw Press bet, if you could apply it every hand, adds about 18% to your EV. However, they throw in this rule about losing 1/8 of the time, which lowers it to about 3% . This is not enough to overcome the even money BJs on two hands.
It depends a little on whether you use a simple Press strategy that is the same against all up-cards, or if you vary your press decisions by up-cards.
I did not do a card-counting analysis, but it seems reasonable that the bet would be favorable in high counts. Maybe sometime I will get around to doing that. If I do, I would not post my results on the Free Pages.