Blackjack player wins $15 mill in AC
January 22nd, 2014 at 11:07:07 AM
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January 22nd, 2014 at 11:21:35 AM
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Should be dated May, 2011
January 22nd, 2014 at 12:38:37 PM
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Breaking: Pope Catholic.
January 22nd, 2014 at 12:51:59 PM
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So, unless I'm missing something, after setting up good rules, this guy claims his strategy is "distract the dealer into making mistakes"?
Really? If that much money is on the table, isn't there usually a crowd watching the action from both sides of the table?
You guys who play professionally or high stakes, what did you think of this video, please?
Really? If that much money is on the table, isn't there usually a crowd watching the action from both sides of the table?
You guys who play professionally or high stakes, what did you think of this video, please?
If the House lost every hand, they wouldn't deal the game.
January 22nd, 2014 at 12:56:40 PM
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If that's what you got from the video (which I didn't watch), then it was misleading. Don Johnson won money through loss rebates, with a little help from negotiated good rules. He exploited the loss rebates, took big 'risks', and got lucky. It was a great +EV play for someone who already has lots of money.
The math of what he did:
beating loss rebate programs the biggest advantage play
There are well written articles about him out there, but I can't find any.
The math of what he did:
beating loss rebate programs the biggest advantage play
There are well written articles about him out there, but I can't find any.
Last edited by: unnamed administrator on Aug 6, 2024
Wisdom is the quality that keeps you out of situations where you would otherwise need it
January 22nd, 2014 at 12:57:45 PM
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There are at least 15 threads here that discuss Don Johnson. They are from two years ago or longer.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
January 22nd, 2014 at 1:03:48 PM
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Quote: sodawaterBreaking: Pope Catholic.
Great investigative journalism!
January 22nd, 2014 at 1:19:47 PM
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Then how come he missed that the pope is gay ?
Shed not for her
the bitter tear
Nor give the heart
to vain regret
Tis but the casket
that lies here,
The gem that filled it
Sparkles yet
January 22nd, 2014 at 1:45:49 PM
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There is a great fluctuation in the Blackjack game. I am a recreational/part-time counter and I had seven months of losing streaks in 2013 playing with slightly less than 1% edge. Luckily, I still could make some profits by the end of 2013. They made a big deal about DJ winning 15 Mil. but there are many whales losing much bigger than that without any reports. I think the casinos just want to use it as a selling point. Similarly, the casinos pretend to be afraid of the counters. But in fact they love the counters because most of them either don't have the skills or are inexperienced.
Leave Katie alone.
Rasul: Or what?
Or I come back and break your F** legs
January 22nd, 2014 at 1:54:55 PM
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Quote: KickassThere is a great fluctuation in the Blackjack game. I am a recreational/part-time counter and I had seven months of losing streaks in 2013 playing with slightly less than 1% edge. Luckily, I still could make some profits by the end of 2013. They made a big deal about DJ winning 15 Mil. but there are many whales losing much bigger than that without any reports. I think the casinos just want to use it as a selling point. Similarly, the casinos pretend to be afraid of the counters. But in fact they love the counters because most of them either don't have the skills or are inexperienced.
Fluctuation is a good thing for taking advantage of loss rebates!
January 22nd, 2014 at 3:29:18 PM
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Are loss rebates only for whales? Do casinos sometimes offer them to non high rollers?
Part of it went on gambling, and part of it went on women. The rest I spent foolishly.
-George Raft
January 22nd, 2014 at 3:38:31 PM
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Quote: TranscendAre loss rebates only for whales? Do casinos sometimes offer them to non high rollers?
There are apparently promotions sometimes. Like the (in)famous Revel one. Or that $100 thing at Cosmo. I remember Palms had something for new members (not sure if they do)
Speaking of the $100 thing at Cosmo, are the losses for machines only, or table games too? It's not really worth a special trip there for it, but, hey, a hundred bucks is a hundred bucks if I happen to be in the area. If I can make a $100 drive-by bet and get it back in freeplay if I lose it... seems like a good plan to me!
I don't think that they are going to give you a personalized one unless you are gambling with a 7-figure bankroll though. Let's face it, if you are betting thousands per hand, they can afford a lower house edge than if you are betting red chips!
January 22nd, 2014 at 4:37:18 PM
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Quote: TranscendAre loss rebates only for whales? Do casinos sometimes offer them to non high rollers?
Yeah..they're called comps.
January 22nd, 2014 at 5:12:19 PM
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Quote: ewjones080Yeah..they're called comps.
Pretty sure there is a difference
Part of it went on gambling, and part of it went on women. The rest I spent foolishly.
-George Raft
January 22nd, 2014 at 5:22:14 PM
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Quote: TranscendPretty sure there is a difference
In particular, comps are based on your action, while loss rebates are based on your losses. BIG difference, especially if the loss rebate program is not well-designed, since variance matters for these.
