🍒 The Man Who Broke Atlantic City - The Atlantic

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"Ken Uston Ruined Atlantic City"�Discuss. - Gambling With An Edge
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Blackjack player who took Atlantic City casinos for $15 million says rules put the math on his side | Casinos & Tourism | juegoenelmundo.com
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Apparently, he was right.
Even with some losing sessions scattered among the big scores, he netted millions.
In phone interviews for my column in the Pittsburgh Tribune-Review, Johnson said he negotiated playing rules that cut the house edge to 0.
He atlantic city blackjack card counting specify all the rules, but said they included a hand-shuffled six-deck shoe, s17 soft 17, or a hand of a total of 17 in which an ace is counted as 11and resplitting to at least four hands.
I just think somebody at the casinos missed the math when they did the numbers on it.
Johnson, 49, who lives outside Philadelphia, is chief executive officer of Heritage Development LLC, a company that offers computer-assisted wagering in horseracing.
He once managed Philadelphia Park racetrack, atlantic city blackjack card counting before it became Parx Casino.
check this out said his blackjack arrangement was "like going to the horse races and betting an even-money shot and only having to spend 80 cents on the dollar to get that shot.
Johnson said his Atlantic City deal made it advantageous to play only one spot.
One or the other.
It could have happened in the first five hands.
I would have left, came back the next day, and started over.
I would have gotten the discount starting over again.
Under those rules, long term they can't win," he said.
They've corrected their error, and I've got to think about it now.
The game isn't nearly as good as it was.
You have to play a larger sample size of hands, so the negative edge that the house has over you has a bigger chance of catching hold.
He won all four.
Two other hands in that session were similar, with multiple splits and doubles, he said.
Johnson said the key for casinos offering loss discounts is spreading out the house risk over enough big players.
Johnson atlantic city blackjack card counting he played with his own money and that he occasionally placed a bet for the dealer.
If they didn't win - well - they've got no risk.
He said he's atlantic city blackjack card counting told to pay New Jersey income taxes on his winnings even though he has never lived, owned property or done business there.
It becomes a nightmare for a player who wins big and plays in multiple states.
You lost money for the year, but the state of New Jersey may still come atlantic city blackjack card counting you to try to require you to pay for what you won from them.
That's where this doesn't work.
The math doesn't work on that.
He said he went atlantic city blackjack card counting after revenue figures showed the casinos had multi-million dollar blackjack losses and a professor expressed suspicions.
To him, it's "an adjustment in the betting odds.
By my calculation, you actually wind up with a positive edge.
You're not even spending any time up in the room," he said.
The article prompted other media outlets to follow the story, including the Blackjack Blackjack multiple hands eNewsletter bjinsider.
This interview with Johnson by Mark Gruetze and atlantic city blackjack card counting with the permission of the eNewsletter analyzes the gambler's strategy and how Johnson took advantage of casinos' eagerness to reward his high-rolling ways with generous discounts that improved his odds greatly.

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"Ken Uston Ruined Atlantic City"�Discuss. - Gambling With An Edge
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Blackjack player who took Atlantic City casinos for $15 million says rules put the math on his side | Casinos & Tourism | juegoenelmundo.com
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For those of you who have been sleeping under a rock, Ken Uston was a notorious card counter who, decades ago, sued Atlantic city blackjack card counting City casinos.
The end result was a ruling that AC casinos could not bar players for being skillful.
The card counters all rejoiced�or did they?
The theory is flawed in its premise, logic, and data.
Why would they do visit web page />Maximizing profit does not atlantic city blackjack card counting making a game so that no one on earth can beat it.
Take full-pay Double Bonus Video Poker as an click the following article />A sharp player could earn a 100.
Nevertheless, they offer the game due to its popularity with the masses, competitive factors with other casinos, and the proven profitability of such games.
The casino atlantic city blackjack card counting cut the shoe in half.
Heck, the casino can shuffle after every round.
So the card counters are whining that conditions are bad.
Are those conditions so bad in AC?
AC mostly hits soft 17, but H17 is now the default rule nationwide, even in Las Vegas, where they can and do bar players.
I think when I started out, the Trump Plaza and Trop World let you hit out after splitting Aces, but one card to split Aces is now the national standard.
Surrender is also a dying player option.
AC has lots of 8-deck games, but so do casino blackjack shuffle Las Vegas Strip properties, such as the Venetian.
Mandalay Bay has CSMs, the bane of counters, and Mandalay Bay manhandles skilled players!
The deteriorating rules have nothing to do with card counters.
The 100 card counters a month have nothing to do with it.
But who cares if technical conditions in AC are as poor as they are in lots of other venues?
Any serious player cares little about penetration, and even less about rules.
When I scout casinos, I barely notice those things.
I notice the games offered, the max bet, and the most important condition of all�the heat.
Top players can always beat the cards.
Sometimes that aspect is trivial.
AC has had all kinds of attractive games�hole-carding, tracking, cutting, machine plays, comp plays, tournaments, loss rebates, to name some.
There is one more benefit to serious APs.
These backroomings lead to violent encounters, illegal searches, and illegal detentions.
Many players, myself included, are afraid to go to certain casinos, due to the possible ugly confrontation that https://juegoenelmundo.com/blackjack/european-blackjack-gold-reviews.html occur.
You miss the point in saying that there is a middle ground between offering unbeatable games and barring players.
Just make every game total crap and you drive away the very few skilled players without antagonizing the morons in the least.
Yet, the ploppies flock to such games and keep the casinos happy.
So your elaboration shows that my video poker analogy is in fact perfect: the casinos put it in at the beginning with decent rules�as were the AC games years ago�because they were marketing to the masses, not trying to beat every single player.
As read article realized you could give the masses garbage and they would still eat it up, the casinos tightened up on rules and payoffs.
This was a nationwide deterioration having nothing to do with pros or the ability to bar atlantic city blackjack card counting />AC has to compete with Pennsylvania.
Every casino in Pennsylvania has the same blackjack rules by law, and they are very player friendly.
You are right, the casinos in AC have much better rules than you will find in most places on the Strip.
For hobbyist counters, the Uston lawsuits had no impact whatsoever on technical conditions, but were somewhat favorable due to the reduction in major heat backroomings, etc.
For pro APs, the Uston lawsuits were awesome.
From the way you summed it up it seems being identified and known is how a pro AP loses in AC.
What was it like on the ground in AC 2 days or a week after the decision Mr.
Grosjean, you are my hero!
When I scout casinos, I barely notice those things.
Every AP and blackjack author knows incontrovertibly that penetration is the single most important factor affecting SCORE for any particular blackjack game!
Basically, heat prevents the AP from playing optimally � from making atlantic city blackjack card counting plays to outright barrings.
Every AP and blackjack author knows incontrovertibly that penetration is the single most important factor affecting SCORE for any particular blackjack game!
I know quite a few APs, and several authors.
Penetration is barely on our list.
SCORE is a narrow measure designed largely for counting games.
You really think hole-carders or sequencers care about penetration?
I cannot remember rules ever entering into our game selection.
The shuffle procedure on every table game is of much greater interest to us.
We atlantic city blackjack card counting logged blackjack strategy hours on every major table game.
In fact, 6:5 was a huge benefit to many pros, because it reduced heat on games that were vulnerable to beyond-counting methods.
I get what you are saying.
It was just a matter of me comparing apples counting to oranges other AP methods.
Keep up the fight!
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The Man Who Broke Atlantic City - The Atlantic
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The Man Who Broke Atlantic City - The Atlantic
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Blackjack player who took Atlantic City casinos for $15 million says rules put the math on his side | Casinos & Tourism | juegoenelmundo.com
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Card counting - Wikipedia
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The Man Who Broke Atlantic City - The Atlantic
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