As Sonny pointed out, chapter 18 in Uston's Million Dollar Blackjack is about being the house (and also about caddy blackjack). To give you an idea, with a $12,000 bankroll, he chose a $50 table maximum for a 5% ROR. And that was assuming the players were not very skilled and played at a 2.5% disadvantage.
Step 1: Using
Shackleford's house edge calculator, the game you described will have a 1.5% to 2% edge over perfect basic strategy players (you didn't indicate if you allowed RSA, HSA, or LS). You'll have to decide if you want to adjust your theoretical advantage based on the anticipated skill level of the players.
Step 2: Head over to
Norm's CVCX Online Calculators - Risk and plug in some numbers. Using the 1.5% house edge from above I used a 130 unit BR, WR per 100 hands of 1.5, and Std Dev per 100 hands of 11.5 (although this might not be the correct Std Dev for a 6:5 game) to get a ROR of 5.15%.
Step 3: Calculate table max (and min). If you had a $15,000 bankroll you could handle (15,000 / 130) $115 of betting action per round. Now divide that by the number of players per round to get the table max, so if you had 6 players the max should be $19.17, just say $20. But with six hands your risk is dispersed. Uston used a multiplier of .7 for 6 spots (I don't know the formula used for that but it's the same one that shows you can bet 1.5x your bet on 2 hands and have the same risk as 1x your bet on 1 hand), so $15,000/130/.7/6 gives a table max of $27.47, just call it $25. But are all the players going to be betting the max each hand? Your actual max per round is $164.84. If you think most players are only going to play $5-$10/hand then you may want to set the max to $50 to allow a player to occasionally throw out a big bet... unless they're counting, in which case you need to go back to step 1 and re-asses your edge
The minimum is pretty arbitrary. Set it to whatever you want, or base it on a desired spread. If you wanted to allow players to spread 1 to 10 and the max was 50 then set the min to 5.
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