πŸ’ Blackjack - Wikipedia

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Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said. Plus, you are playing against only the.


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Between December and April, a gambler named Don Johnson, playing single blackjack hands of up to $, reportedly walked away from.


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Don Johnson won nearly $6 million playing blackjack in one night, His winning run had been picked up by the casino's watchful overhead.


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Between December and April, a gambler named Don Johnson, playing single blackjack hands of up to $, reportedly walked away from.


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Edward O. Thorp published "Beat the Dealer" in and gave us tips for optimal play at casino blackjack tables. Yet, like all games, the more.


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Blackjack, formerly also Black Jack and Vingt-Un, is the American member of a global family of At a casino blackjack table, the dealer faces five to seven playing positions from behind a semicircular table. Between order): bets on losing hands are forfeited, the bet on a push is left on the table, and winners are paid out.


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Taking insurance when you have a blackjack is also a bad bet, despite the wellintentioned advice of dealers and other players to always insure a blackjack.


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The industry pays close attention to high-level players; once a player earns a reputation for winning, the courtship ends. Little interferes with his concentration. But even though he has been around the gambling industry for all of his 49 years, Johnson snuck up on Atlantic City. As another skyscraper of chips was pushed into his skyline, he signaled for the next hand. He was just getting started. About a decade ago, he founded a business that does computer-assisted wagering on horses. Almost everyone knows them.

D on Johnson finds it hard to remember the exact cards. But he was not considered good enough to discourage or avoid.

Card counters seek to gain a strong advantage by keeping a mental tally of every card blackjack casino winners, and then adjusting the wager according to the value of the cards that remain in the deck.

Hard times do not favor the house. When revenues slump, casinos must rely more heavily on their most prized customers, the high rollers who wager huge amountsβ€”tens of thousands or even hundreds of thousands of dollars a hand.

Johnson says he was once dealt six consecutive aces at the Mohegan Sun casino in Connecticut. Compared with horse racing, the odds in blackjack are fairly blackjack casino winners to calculate. Word spreads when the betting is that big. His body quickly assumed more normal proportions, and he went to work helping manage racetracks, a career that brought him to Philadelphia when he was about He was hired to manage Philadelphia Park, the track that evolved into the Parx casino, blackjack casino winners Bensalem, where he lives today.

High rollers are lured with free meals and drinks, free luxury suites, free rides on private jets, and … more. Fifteen million dollars in winnings from three different casinos? He had been trying to figure out its blackjack game for years but had never been able to win big.

Johnson won all four hands. The wagering of card counters assumes a clearly recognizable pattern over time, and Johnson was being watched very carefully. They negotiate. All of these gambling houses were already hurting, what with the spread of legalized gambling in surrounding states.

More useful, for his purposes, is running a smaller number of hands and paying attention to variation. With their table-game revenues tanking and the number of whales diminishing, casino marketers began to compete more aggressively for the big spenders. When casinos started getting desperate, Johnson was perfectly poised to take advantage blackjack casino winners them.

Who could? The last thing a skilled player wants is a big reputation. It hurt. A tlantic City did know who Johnson was. The basics of blackjack are simple. He was neither nervous nor excited. The first and most obvious suspicion was card counting.

Caesars had cut him off, he says, and then effectively banned him from its casinos worldwide. A session of, say, hands will display wider swings, with steeper winning and losing streaks, than the standard casino charts. The software his company employs analyzes more data than an ordinary handicapper will see in a blackjack casino winners lifetimes, and defines risk to a degree that was impossible just five years ago.

To look at him, over six feet tall and thickly built, you would never guess that he was once a jockey. The towers of chips stacked blackjack casino winners front of him formed a colorful miniature skyline.

But two years ago, Johnson says, the casinos started getting desperate. D espite his pedestrian attireDon Johnson is no click at this page Joe. By latethe discounts at some of the strapped Atlantic City casinos began creeping upward, as high as 20 percent.

What gives Johnson his edge is his knowledge of the gaming industry. When his second hand was dealt a two, he doubled down on that, too. So it was no longer worth his while to play there.

The headline in The Press of Atlantic City was enough to gladden the heart of anyone who has ever made a wager or rooted for the underdog:. Scanning the cards on the table before him, the player can either stand or keep taking cards in an effort to approach His next two cards, surprisingly, were also both eights, so he split each again. He stood 6 foot 1 and weighed only pounds. Dozens of spectators pressed against the glass of the high-roller pit. He is a veteran player. When you add gaming tables or slots at a fancy new venue like Revel, or like the Borgata, which opened in , the novelty may initially draw crowds, but adding gaming supply without enlarging the number of customers ultimately hurts everyone. For the casino, the art is in telling the skilled whales from the unskilled ones, then discouraging the former and seducing the latter. How did he do it? Arrayed on the table before him were the four eights. When this happened to Johnson, he knew the ground rules had skewed against him. At the height of his hour blitz of the Tropicana casino in Atlantic City, New Jersey, last April, he was playing a hand of blackjack nearly every minute. By April, combined monthly gaming revenue had been declining on a year-over-year basis for 32 months. Whenever the racily clad cocktail waitress wandered in with a fresh whiskey and Diet Coke, he took it from the tray. Made famous in books and movies, card counting is considered cheating, at least by casinos. He started to learn a lot about gambling. It seemed a fantasy come true, the very dream that draws suckers to the gaming tables. He has served as a state regulator in Oregon, Idaho, Texas, and Wyoming. The regimen was so demanding that he eventually had to give it up. He drew a 10, so the two cards he was showing totaled This was a good bet: since all face cards are worth 10, the deck holds more high cards than low. The new Parx racetrack and casino in Bensalem, Pennsylvania, a gigantic gambling complex, is less than 80 miles away from the Atlantic City boardwalk. The player still loses. For Johnson, the game began before he ever set foot in the casino. In his best years as a professional jockey, he was practically skeletal. He worked with a physician to keep weight off, fighting his natural growth rate with thyroid medication that amped up his metabolism and subsisting on vitamin supplements. He had beaten the casinos fair and square. He does not just walk into a casino and start playing, which is what roughly 99 percent of customers do. He had the money to wager big, he had the skill to win, and he did not have enough of a reputation for the casinos to be wary of him. The way averages work, the larger the sample, the narrower the range of variation. Pennsylvania is likely to supplant New Jersey this year as the second-largest gaming state in the nation. Beyond the usual high-roller perks, the casino might also sweeten the deal by staking the player a significant amount up front, offering thousands of dollars in free chips, just to get the ball rolling. An ordinary guy in a red cap and black hoodie had struck it rich, had beaten the casinos black-and-blue. The tactic requires both great memory and superior math skills. Two cards are placed faceup before the player, and two more cards, one down, one up, before the dealer. As good as he is at playing cards, he turns out to be even better at playing the casinos. Because the casino values high rollers more than the average customer, it is willing to lessen its edge for them. You play against the house. The goal is to get to 21, or as close to it as possible without going over. Johnson had not played a game at the Borgata in more than a year. Johnson was on an amazing streak. For one thing, he is an extraordinarily skilled blackjack player. For most people, though, the newspaper headline told a happy story. The way any discount works, you have to lose a certain amount to capitalize on it. In most states but not New Jersey , known practitioners are banned. But the vast majority of players lose, and the longer they play, the more they lose. Johnson was in charge of day-to-day operations, including the betting operation. Many casinos sell laminated charts in their guest shops that reveal the optimal strategy for any situation the game presents. The marketers present casinos as glamorous playgrounds where workaday worries and things like morality, sobriety, and prudence are on holiday. It was a growth industry. Some wear disguises when they play. Nobody gets that lucky. He was the only Atlantic City casino executive who agreed to talk to me about Johnson. But the story was even bigger than that.