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Johnson's blackjack winnings include more than $15 million at three Atlantic City casinos in By John Katsilometes. Monday, Aug. 19, |.


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WHY SOME BETTING SYSTEMS JUST DON'T WORK. As I mentioned in Chapter , the intent of a progressive betting system is to vary the size of your bets in.


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TIL In , a blackjack gambler, Don Johnson, won over $16M at Atlantic City Casinos over a 6-month period. He played under special conditions owing to his​.


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Don Johnson is a high rolling blackjack player who beat the casinos in Atlantic City for over $15 million. Find out how and decide if you can do.


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Don Johnson is famous for his epic $15 million blackjack win at Atlantic City. We take a look at how he beat the dealer and cleaned out the.


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Johnson's blackjack winnings include more than $15 million at three Atlantic City casinos in By John Katsilometes. Monday, Aug. 19, |.


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Don Johnson won nearly $6 million playing blackjack in one night, single-​handedly decimating the monthly revenue of Atlantic City's Tropicana casino. Not long.


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Well, we found someone on reddit who made a rather succinct. Don Johnson Blackjack - How He Won $15M Without Card Counting Don.


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TIL In , a blackjack gambler, Don Johnson, won over $16M at Atlantic City Casinos over a 6-month period. He played under special conditions owing to his​.


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American actor, producer, and director Don Johnson won close to $6 million playing Blackjack in one night in Atlantic City. To learn more about celebrities who.


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When you discuss risk in play for profit, you have to realize that even if the odds are on your side, you have to be able to keep playing when there are dips. Usually that goes more for poker against actual players, but blackjack with discounts can obviously approach that sort of profit. There are 3 such games: Craps, Blackjack and Baccarat. But just like the scientist doesn't fire a single particle down the collider, this guy didn't play a single hand. They want you playing "perfect cards" because it's just a steady continuous stream into their pockets and you feel like you're doing everything correctly as it happens. What an atom or subatomic particle does at any particular moment is as much subject to chance as what card is dealt next. The article seems to indicate that he always like gambling ie. He turned it into a sustainable business, and kept extremely close records of every wager placed. You might want to research card counting as well as the Kelly coefficient. I really needed work. But you're absolutely correct that people should not for a moment believe that this is something you can do under most circumstances. That is per hand. Mind you, he did have to play perfect cards, because the odds require that.{/INSERTKEYS}{/PARAGRAPH} Anyway, I've known a number of "strategy" morons and there's nothing you can do to convince them that luck doesn't exist and that odds don't change after a run. He didnt do anything special here except play really high limits There's a word Im thinking of, let's see if yo can guess it? Despite the chance for being cleaned out, this is the exact play you have to make to make a profit over time. The word "discount" must be in the story a hundred times. Only Wynn's properties The Mirage and later Bellagio were trying to use poker with the casual as opposed to townie crowd. Gambling is an entertainment expense like any other. Just calculation of reall odds and risk. Conversely, I can't help but feel like this article is just designed to put the idea into millions of readers' heads that you can go into a casino with a strategy or method or system and take home millions at the blackjack table. I saw a minutes special on a sports gambler who hired people to do full-time research for him. Nothing could be further from the truth, this guy reaches in his pocket and hands out a million dollars to play a game. Slots will make more money in the same space, but I don't know that you're more profitable overall dropping poker in the long run. While house odds are in their favor, they're not wildly in their favor, so to make money they need lots of people playing a lot of lot of rounds. Well, there's always opening a brown envelope and briefcase store in Washington DC during lobbying season. We had poker at both Council Bluffs properties. Plus, they said that he wasn't card counting, but they didn't mention whether or not he was shuffle tracking. When attendance drops, their operating costs can't be cut as quickly, they do have unionized employees. At that point you try to induce an all-in and go all in yourself. I can't help but feel like this article is just designed to put the idea into millions of readers' heads that you can go into a casino with a strategy or method or system and take home millions at the blackjack table. What's more, their numbers guys checked out his play patterns and they actually found no evidence that he was using a system, counting cards, or anything like that. People focus on the stories when people win big, but that usually isn't sustained long term. I don't partake in it, but I don't believe it is ultimately evil. The whole article they make him sound like Joe the Plumber that just played one day and won millions. The evidence that he took enough from 3 chains to be banned is anecdotal evidence only. Because while the first casino wouldn't count his newfound winnings as part of the loss stuff, the new casino would. Unless they use continuous shuffle machines, the odds for the next hand change with each card dealt because you know the proportion of low to high cards that remain in the deck. Atlantic City in general has not been doing well over the past few years due to the recession. As a poker player from before the poker boom, I can assure you the house doesn't make a ton of money on it. Only if you have an infinite amount of time and an infinite loss tolerance or if you cheat can you avoid the impact of luck. He could have won big a few places and been thrown out, and lost just as much at other casinos, and the article would still have been written. I worked for Harrahs which has two casinos in Council Bluffs. I was sure glad to see that change, but I don't kid myself that it could easily swing back. That is the function of the bankroll. You need enough money to not be wiped out by a few correctly played hands where the luck did not come out on your side. If the casinos gave up their statistical advantage, that is foolish and they'll revise those decisions. The only sure-fire get-rich-quick scheme is selling get-rich-quick schemes. Clue: it rhymes with fullshit. When there are a lot of high cards left in the deck, that favors the player quite a bit. So being "prepared" to lose K meant that his bankroll was set to that much and he could absorb that much bad luck to keep himself playing long enough to realize a profit on correct play. I worked for Harrahs. On the other hand, in his games, he was able to negotiate it to where they only had a 0. I don't see any evidence that Don Johnson has done the same thing. The only special thing he did was know how to negotiate these high-roller deals with the casino management. Hey, I used to know a great place like that. Caesar's Palace had even closed the poker room on their main floor about 18 months before the poker boom started with Chris Moneymaker's win. Just skim the article and you'll see your feeling is dead wrong. I won't work for a company I see as evil. Certainly it makes less money directly than other table games, and less money than slots. I want to contradict you, but after reading the entire article, there's no claim that he had actually proved a way to beat the house, even with his custom rule changes. It might help if you read the article, then you'd lose that feeling. Not a game - or entertainment or luck. Poker was seen by most casinos as only being there to bring in players who wouldn't otherwise come in. It was right next to the place that sold signs with catchy, grossly one-sided messages to protesters. So it was located next to the sportsbook if it was there at all. There is a competing casino in town. Since they were hand shuffling the decks, I would assume that he was. And while my experiences working for Harrah's weren't great, at no point did I feel like they were out to get people. For some, having poker allows a couple to come and have both partners play something they enjoy. They also like things that are cheap to run automated systems like slots and poker isn't one of those either. We had a customer take us for a few million between our two properties in a month. Like Pittsburgh Phil is alleged to have said, "If you could beat the ponies they wouldn't be racing them. He just got lucky, plus took advantage of the casinos' wi. He ended up losing the millions back to the third casino. I can assure you that neither the Tropicana nor Borgata nor Caesars will be closing its doors anytime soon despite losing millions to this guy. Well to put this in perspective, while Tropicana AC's a. Only if it ends with a guy trying to sell just such a "system". {PARAGRAPH}{INSERTKEYS}Slashdot is powered by your submissions , so send in your scoop. For what it is worth, I did seriously consider turning down the job over moral objections. If they do, it will be just to demolish the building to build an even bigger more expensive casino on top of the site. When I was offered the job working for Harrah's, my wife had just been laid off, she was pregnant and we were a broke couple. That's why poker rooms were disappearing all up and down the strip before the boom. Poker is promoted so heavily, because it makes the Casinos so much lucre. It made it abundantly clear that he made deals that reduced his losses and gave him better odds. The company tried to detect people with gambling problems and banned them from their properties. The odds do change after a run in blackjack. Going to Atlantic City is a mistake, putting any real money down on a blackjack table is a bigger one. Because the house loves high take games, and poker isn't one of them. You need to make sure you have enough money to cover the hands that you are going to lose despite correct play. The casinos I've been to actually promote handing out these little cards that tell you statistically what to do given your two cards and what the dealer is showing. Often men don't enjoy slots as much as women. With a proper size bankroll, and correct play, you can profit. Since he hadn't played big before, he wasn't known at the time, and that gave him the opportunity to get in and out fast. But Harrahs owning the World Series of Poker creates a lot of visibility for the company and gets people in the door. I guarantee you whatever "loss" is on paper, is exactly that, only on paper. Casinos actually prefer to take from the rich. He also benefited from the fact that casinos are more willing to wheel and deal now because of the economic situation and the increased competition among casinos in the USA.