You're on track, because a max bet is better than $3500, since as Lamar points out, $4300 or more covers a blackjack by Bobby.johng said:Good point Lamar.
This may be a stupid question, but, if Dave needs to win once Bobbie makes bet of $1700 cover low, what makes $3500 a better bet than a max bet? Why not just go max as long as you have enough for a split?
However, if you REALLY want to get picky, anything between Lamar's recommended $4300 and $4950 is ever so slightly better than $5000, because they still allow Dave to split twice if needed. This would only matter in cases like (8,8) vs 6 or something like that, where splitting improves the chances of winning overall. The extra money is meaningless, but being able to resplit 8s increases the chances of netting at least one bet of profit.
tirle_bj is the resident expert on how to optimally play hands after a split. There are some surprisingly complicated scenarios that he has worked out.