Not only do you change the amount of your bets, you transform your playing strategy: When you know it’s to your advantage, you hit a hand you’d otherwise have decided to stand on.”
Alan, a skilled gambler who asks that his final name not be used, adds, “Even under regular circumstances, the house’s edge is compact against a knowledgeable player. “That is unheard of But if that is accurate, and you’re only losing only $8 out of each $ten you bet, you have currently got an edge if you just keep banging away. How’d he do it? Was it divine intervention, card-counting or an epic run of great luck?
Johnson is not saying. If you’re the CEO, after you lose $1 million, somebody wakes up and says: There’s anything wrong here.”
. In what may turn out to be an unfortunate choice of phrase, he told a reporter for The Press of Atlantic City, “I don’t wear Kevlar. When he knows he has the advantage, he bets larger. “If you can take the swings,” he told the Atlantic City paper, “You happen to be going to win. A second gambler in the span of about two months has won over $five million from the casino.
An unidentified man last week walked away with $five.three million after playing blackjack, craps, and mini-baccarat, and reportedly left a $150,000 tip that was split among the table dealers that evening.
“That’s just how it goes often if you bet additional, you can win more,” Tony Rodio, Tropicana’s president and CEO, told the Related Press. Although he refuses to divulge the system he makes use of, it depends in component on his getting a major sufficient bankroll to sustain losses and maintain appropriate on going. When he knows the benefit has shifted to the residence, he bets reduced. Card counting can turn the edge against the casino, which is why management bans card counters when they are caught.”
Richard speculates that Johnson may perhaps have figured out a way deliberately to randomize specific elements of his play, thereby avoiding detection by casino systems created to recognize and root out counters. Involving December and April, Johnson, playing single blackjack hands of up to $100,000, reportedly walked away from Atlantic City’s tables with a cool $15 million.
From the Tropicana he took $six million from the Borgata, $5 million. If an individual wants to take the shot, we’ll take the action.”
And that’s exactly what Don Johnson, a gambler from Bensalem, Pa., did at Tropicana and other Atlantic City casinos. “We have a tactic of providing the most aggressive and highest table games limits in the Atlantic City market place and we’re not going to adjust that. Currently he’s a skilled gambler of sorts: chief executive officer of Heritage Development LLC, which develops laptop or computer-assisted wagering systems for horseracing. “A 20 percent discount?” Tamburin asks in disbelief. They appear for certain clues that inform them here’s a player exhibiting counting-like behavior, somebody who needs closer scrutiny–players exhibiting a massive variation in bet size, for instance.”
Johnson, who was unavailable for this story, may well have figured out a way to count with no seeming to count–by deliberately making bad plays, for example, but in such a way as to lessen the expense to himself.
Henry Tamburin, author of “Blackjack: Take the Revenue and Run” and editor of Black Jack Insider Newsletter, does not rule out the possibility Johnson’s winnings could have been the outcome of “sheer luck.”
It’s highly unlikely, he says, but not impossible–in particular if, as Johnson told the Press, casinos had been providing him a VIP discount of 20 percent on his losses. I’m not bulletproof.”
The 49-year-old resident of Bensalem, Pa., stated in the similar interview that he started playing blackjack 15 years ago, starting with $25 bets. His prowess in blackjack, he says, has gotten him banned from some casinos.
Johnson insists that he’s no cheater: that all his Atlantic City winnings came to him fair and square. He admits to possessing had to take some losses along the way. The size of the edge depends on the variation of the game that’s becoming played, but it can get down to much less than 1 percent. All you’d have to do it bet at high levels and use standard strategy.”
Alan puts it more bluntly: “I cannot think casino management would be so dumb as to drop its edge completely by escalating the limits to $one hundred,000 and by forgiving 20 percent of the player’s debt.”
But maybe they have been. You also have to understand the math.”
By that he most likely suggests card-counting, which is not illegal: A blackjack player with a trained memory and sufficient acuity can hold track of which cards have been played and which are nevertheless in the deck, thereby maximizing his possibilities for beating the property.
Explains Richard, a former card counter who these days operates on Wall Street (and who asks that his final name not be employed), “As the composition of the cards in the deck fluctuates, the player’s advantage fluctuates. The odds just became more odd at Tropicana Casino and Resort in Atlantic City, N.J. Something’s not ideal right here. It is a continual cat-and-mouse game. As the CEO of the Tropicana mentioned in early May possibly, referring to his casino’s loss of $6 million to an undisclosed player assumed to be Johnson, “We ran very unlucky.”
In fact, Johnson’s run of luck the initially time considering that the casinos opened in Atlantic City in 1978 that a gambling residence lost dollars at the game of blackjack over a specific month, a spokesman for New Jersey’s Casino Manage Commission told The Star Ledger: “It’s extraordinarily uncommon for a casino to shed funds at the game of blackjack in a unique month,” the spokesman told the paper.
Tamburin suspects there must be much more to the story: “To me, it is all a tiny strange. Caesar’s he let off straightforward, taking only $4 million. “Casinos monitor each and every aspect of play, 24/7, applying cameras in the ceiling