Okay, guys and gals,
here is the first teaser for this year.
One person advances. Bets 10 min, 500 max, no surrender.
BR1 bankrol ...535 ...bets 40
BR2 bankrol ...510 ...bets ?
What would you bet as BR2
S. Yama
Nice to see the very first teaser in 2010.

Let me contribute to this post as well.
The bottomline for BR2 is never allowing BR1 to take both the high and the low against him. He simply needs to bet in one direction or another.
Personally I think taking the high here is a better choice, as besides winning the hand to advance, BR2 also advances if BR1 loses while he pushes (though the chance is so low that I would rather not consider.

.
The only thing is if BR2 decides to go for the high, make sure he bets large enough to cover BR1's possible double, split, blackjack win, or simply bet the max ($500).
Since BR1 lead was $25 and he bet $40, he “overbet” his lead by $15.
I think it is not that BR1 "overbet" his lead. If there is a problem with his bet, probably it is that the bet of $40 allows BR2 to take the high while being able to cover his double/split/blackjack. BR1 should have bet the min to take the pure low, or bet the max to prevent BR2 from taking the pure high.
Having said that, I think a better bet for BR1 could be $250. With this bet he offers BR2 a little more confusion: should he take the high or take the low? It seems like both are ok. However, if BR2 decides to go for the high, then it opens up the door for BR1 to double/split to retake the high if needed. That's why betting $250 is slightly better than either $10 or $500.
I have a question: if House Edge does play a role in every hand, does it mean we'd better take the pure low than the high, when both are acceptable?