To follow up, that is what I’d look for on such a bet ($2k+ in that example).
Yes, some folks will play this game looser than I’m recommending. One such guy I know plays with $80 banked for every 80 cents rather than $100. Could I be leaving a little meat on the bone? Perhaps.
In general, I tend to be on the conservative side with these swingy type of games. If you wanted to show action somewhere and found something in that $80 banked per 80 cents range on a higher denom, I could think of worse plays out there.