Betting Correlation and Betting Efficiency
As ML suggested, Betting Correlations are simply computed by taking Effects of Removal and correlating them with count tags. There is a very simple formula for computing the correlation between two variables (which has applications far outside of BJ) ; I can post it if you want. You may find it described explicitly in Griffin. Griffin tended to work with balanced counts, which gives an simpler formula in which one of the terms is 0. He may have only listed he simpler formula, I am not sure.
Now BC only gives us an approximation of a count's power. Griffin defined "Betting Efficiency" as the Betting gain of a count system divided by the gain available from a perfect count system. There is a theorem that if your game is approximately even off the top, and your plan is to bet 1 unit when you have an advantage, and 0 otherwise, then your betting efficiency is approximately proportional to your betting correlation.
In single deck game, betting is not that far from a model of "Max Bet at any advantage" and these ideas can give good approximations. But if your betting proportionally, then the square of the Betting Correlation is a better predictor of Betting Efficiency. I believe that Shoe play more closely fits into this model.
You could do your own sim of betting efficiency by doing Sims with your favorite count system, and doing another sim with a "perfect system". Your efficiency would depend somewhat on the game you were playing. This itself would be just an approximation, because your "perfect" system wouldn't be perfect, it would simply the best Linear count system available. Another idea would be to use CA to determine "perfect betting", and compare your count system(s) to that.
There are a lot of subtle issues that I have swept under the rug here, in order to try to keep this a bit brief. I can elaborate on them if needed.