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Professional Gamblers at Work: Blackjack Traveler on Blackjack in Casinos Around the World Professional Gamblers at Work: Interview with the Blackjack Traveler Click here GAMBLERS AT WORK : CONTENTS By Nick Alexander By Jim Taylor By Garry Baldy By Dog- Ass Johnny By Nick Alexander By Bob Jenkins By Nick Alexander By Peter A.
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FROM ET FAN: Blackjack Traveler and Click at this page Around the World By Richard W.
Munchkin is a member of the Blackjack Hall of Fame, and author of the book.
When I read the blackjack message boards I often see players bemoaning the state of blackjack.
Blackjack Traveler would like to visit them all.
Blackjack is alive and well for this professional gambler, and living outside the United States.
Blackjack Traveler spends about 48 weeks a year on the road to get an edge.
Most of the time he finds games that are hardly worth playing.
Still, the trip will provide material for the column he writes in a Taiwanese best blackjack gambler />But every once in a while he will wander into a casino and find that they pay 2-1 on blackjack and have early surrender, and have a joker in the deck that gives you an automatic win, but if the dealer gets the joker they just burn it.
No casino would do that.
In his pursuit of a higher edge, Blackjack Traveler has gone to countries I would consider quite dangerous: Russia, Columbia, Cambodia, Sri Lanka.
Is he not worried carrying 100 years salary for the average person in those countries?
In the end I think I am a risk lover.
RWM: How did you become a professional gambler?
BJT: When I was in my twenties I went to Las Vegas just for fun.
I was afraid of gambling.
I lost 25 cents in a slot machine.
I like to read, so I went to a bookshop and found there was a section about gambling.
I picked up one book, and took it to Taiwan.
BJT: It was the second edition from 1966.
I thought; this counting is very hard.
There are no casinos in Taiwan.
I went abroad to the Philippines, and America.
I went to casinos and played very small.
After several years I could play basic strategy.
My major in college was economics, and I have an MBA from the University of Chicago.
After I graduated I went back to Taiwan.
I worked at some banks and security companies.
When I was 31 years old I became the president of a security brokerage company.
This was a very early success.
Unfortunately, after one year the Taiwan stock market crashed, and I lost about two million dollars.
My income had been good, but it was related to the market, so my income shrank.
I had borrowed a lot of the money I lost.
I needed a way to make money.
When I was working they opened many casinos in Korea on Cheju Island.
Koreans can not play in the Korean casinos.
Only foreigners can play there.
They had to go to Japan and Taiwan for customers.
They had a junket program for Taiwanese and Japanese, and someone invited me to play there.
At that time it was very difficult for them to get players from Taiwan, because the Taiwanese players were afraid they would be cheated.
The casinos said that there was no cheating, I would be treated well, and if I would introduce customers to them they would give me a commission.
The program was to go on Friday and come back on Monday.
Everything was free�hotel, airfare, food�but they wanted you to play 12 hours.
The disadvantage was about 0.
If I best blackjack gambler 12 hours, that is about 1,000 hands.
If you go to the toilet, maybe less.
In Best slots play online free for fun that would be bad, because most people lose.
I went to play, and had small wins, and small losses.
When I lost my job I thought, if I bring six people with me and we all sit at the same table, I can help everybody play basic strategy.
I got some friends.
Everything will be free.
I would put up the money.
Everyone would play under my instructions, and I would take all the wins or losses.
Seven of us went to Korea.
At that time there were about 10 casinos, and all the casinos had similar programs.
The first week we went and played.
Wow, I made money.
The second week I went�I made money.
My friend had a trading company.
I asked him how many employees he had.
Now I had three tables of people.
I made a basic strategy manual, and I gave them to everyone.
When we went on the plane, I was sure many people had not learned basic strategy.
I gave a quiz on the plane.
People who scored best became table leaders.
We had three tables, and I would jump around.
RWM: How long did this go on?
Maybe 30 weekends a year.
RWM: How much did you take out in online casino site uk best three years?
That was from Korean and Philippine casinos.
The Philippine casinos learned from the Korean casinos how to recruit players, so I started bringing my people to the Philippines.
Then I took my people on cruise casinos out of Singapore.
I used over 400 people during that time.
Bringing Card Counting to the Casinos in Asia RWM: When did you finally learn to count cards?
BJT: After a year I bought by Lance Humble, and I learned Hi Opt 1.
After three years the casino found out.
Every week those casinos would have about 30 customers from Taiwan.
Maybe 20 would play baccarat, and 10 would play blackjack.
But I was barred after the first year in Pusan at Paradise Beach.
The Paradise Group is the largest casino company in Korea.
They own six or seven casinos, including Walker Hill in Seoul.
The reason I was barred was not for card counting.
I took a group, and all my people played blackjack.
Most other people play baccarat.
I was worried that if we kept making money the casino would suspect, so I hid chips.
We changed casinos every week.
After two months I went back to that casino.
When I got there I found they had changed all the big chips.
I took out one, and changed it.
If I win money I can not take it to Taiwan.
I know I am coming back anyway so I just kept the chips.
That is why they changed the chips�to find out who had them.
They allowed me to cash my chips, but they now watched me very closely.
By that time I knew how to count cards.
The dealer busted three times in a row.
I had never been barred before, that is why I had just jumped my bet.
I did not use any camouflage.
The interesting thing is that they did not inform any of the other casinos within the Paradise Group.
I played another two years in Korea at the other casinos.
At the casino in Inchon it was very easy to win.
Then they barred me.
This was such a good game, so I still wanted to play there.
I found two friends, both girls.
I took off my glasses, and I bought a fake mustache.
We sat together and I signaled them how much to bet, and how to play.
We stopped and went out to eat at a restaurant outside the hotel.
The casino manager was suspicious, and came to the restaurant and saw us together.
You are not allowed to play.
They play for you.
It did look strange.
He told me to look for him after my meal.
I went to see him.
He asked what I was going to do.
I was afraid they would inform other casinos.
My passport was at Walker Hill in Seoul.
I went to Walker Hill to get the passport, and I realized that I had the right to collect on the receipt for six months.
When I returned to Walker Hill after collecting the money I was stopped at the entrance.
They had received a fax from the casino in Inchon.
After my barrings in Korea I started playing the Singapore cruises.
After the cruise, the cruise manager barred me.
Then I went to the Philippines, and the same cruise manager was running the VIP room at a Philippine casino.
He recognized me and barred me again.
The Philippine casinos are run by a government company, and he informed them so I was on a blacklist in all the casinos there.
I went back to Taiwan and started working.
After several months of working at a securities house a new casino opened in the Philippines.
I went there, and no one recognized me.
At the same time, the job at the securities company was not working out well.
I wanted to leave that best blackjack gambler, and just play in the Philippines.
I went back to the Philippines, and one casino manager recognized me.
He asked me to go to the office with him.
He was very polite.
There were five security cops in the office with us.
He showed me the memo, which said that when I played, the casino was at a disadvantage.
Therefore they had barred me, and they recommended that all casinos bar me.
The Pavilion Casino had issued the memo, and I was at the Silahis casino.
I asked if I could have a copy of the memo.
Then he used the casino chop, and signed it.
There was a picture of me attached to the memo, but it is very dark because it was taken from the eye in the sky.
Now will you please teach us how to count cards?
BJT: After the first three years I was barred in Korea and the Philippines.
At that time I thought that Las Vegas must be difficult.
Card counting had been seen there for too many years.
I went back to work at a securities company.
I thought the fun was over.
At that time I bought many books from Las Vegas, and one of them was The International Casino Guide.
I thought in other countries I could still play and profit.
I thought that maybe there are some other casinos that will not be as sophisticated as American casinos.
RWM: I would think that the most natural place for you to go would be Macao.
BJT: Yes, I went to Macao many times.
But Macao did not have a good game, or a good rebate program.
I looked in the book to go here which countries I should try my luck.
I wanted to find article source city with more than ten casinos.
I also wanted it to be a country with medium economic development.
I found Egypt and Turkey.
I decided I would try the casinos in Cairo and Istanbul.
If I could win money there, then I would try France and Britain.
If I could not make money in Egypt and Turkey, then I would forget France and England.
BJT: Because online blackjack bonus more developed the country, the more experience the casino has.
If they are earning well they can afford to lose to you.
BJT: At that time I thought if the country was well developed, the casino would have more experience and be able to recognize card counters.
I went to Egypt and Turkey.
It was okay, but it was not so easy.
In Cairo the casinos were very small.
There were not many players, so they watched very closely.
In Turkey there were too many players.
RWM: Did you have any problems taking money in and out of those countries?
I did not win much there.
Then I went to Budapest to play.
A German company ran the casinos, so the game was not good.
Then I read a newspaper that said there were 200 casinos in Moscow.
I went back to Taiwan, prepared the paperwork, and went back to Russia in 1997.
I lived there in Moscow for a year, and played every day.
RWM: Did you feel it was dangerous when you were there?
BJT: Gypsies robbed me several times.
I lived at the Kosmos hotel.
Now they knew I had money.
Every time I would walk out of the hotel they would follow me.
I recognized them one time, and as soon as I saw them I went into a metro station.
It was winter, so I was wearing a big coat.
I I was waiting for the train, and when the train came, and the door opened.
Two people grabbed my left arm, two people grabbed my right arm.
I struggled, and finally they released me.
I went into the train, and I saw eight or nine gypsy girls.
They were all about 15 see more old, and every one of them was carrying a baby.
They got into the next car, but just before the doors shut they all got out.
Then I realized my wallet was gone.
BJT: Yes, but it was hidden under my clothes.
RWM: Did you feel in danger in Moscow?
In 1997 the casinos were not so alert at that time.
I felt a bit protected because the Russian Mafia owned the casinos.
Maybe they protect their customers.
Did you eventually get barred?
BJT: I was barred by 12 casinos in Moscow.
RWM: Your goal is to play in 100 countries.
How many have you countries have you played in?
BJT: 32 so far.
The reason for not playing more already is that when I find a good place I stay.
It is easy to go to 30 countries in one year if you want.
When I left Moscow I planned to go back, but I wanted to spend some time in Taiwan with my son.
At the same time my father had a friend whose company was going public.
He asked me to help him finance the company, so I went back to work.
Also, my father hates that I have become a professional gambler.
You are quite successful.
BJT: Kind of� still.
He feels that a well-educated person should be doing something that would benefit society.
My father is very uncomfortable with this profession.
When he first recognized that I was a professional gambler he did not talk to me for one year.
My father never went on a trip with me, but my mother went maybe 100 times.
He did not approve of what I was doing.
So I went back to Taiwan to work for two years.
I worked for the largest Cable Company in Taiwan.
After two years I really did not like the job.
Because I had been living freely it was very difficult for me to adapt, though many people thought I adapted remarkably well.
After two years I decided to go back to the gambling life.
I went to live in Las Vegas for three years.
I found that I could play hit and run.
I formed a small team.
I had given a speech in Taiwan, and two of the guys who heard that speech came to Las Vegas and asked if they could play with me.
I said okay, and arranged for them to stay at my apartment.
Every day we would go out, and they would watch me play.
RWM: Were they spotters for you?
After several months of them learning, they were counting well.
Then I formed a small team.
We got a girl to be our big player.
We would sit at three different tables and signal her to jump in.
RWM: How much was she betting?
We had no problems the first month.
She was young, pretty, and Chinese.
I thought we should give Las Vegas a rest.
Then we went to New Orleans, Biloxi, and Tunica.
She had to go to classes.
One day, before playing I checked their money, and it was gone.
They lost it all playing roulette.
You can count cards now.
That is the end of my team story.
We went back to Las Vegas, and I was trying to get my money back from these two guys.
The problem was that they started as gamblers.
Good card counters are not gamblers.
I went back to Taiwan for a vacation for a week.
When I returned one of the guys told me that the other guy had broken into my room and stolen my money.
He was afraid what would happen when I found out, so he called his sister in Taiwan.
He told her that he had a car accident, and the guy he hit threatened him with a gun.
She sent him the money, and he replaced what he took.
Blackjack in South America RWM: Last year you toured South America.
BJT: I went to Columbia, Peru, Ecuador, and Venezuela.
I have been to Columbia seven times.
I first went there in 1996.
I will do anything for money.
The higher the risk, the better the profit.
RWM: I guess so.
Did you go to Panama, and Honduras?
BJT: I went to Panama, but the game is not good.
BJT: Yes, but they had very good rules.
They had early surrender, and some casinos have a joker.
I have a friend that one time found a game on a small island.
On the second or third day I got very dizzy.
The altitude is very high so I had a problem with a lack of oxygen.
I canceled my Ecuador trip because Quito is even higher than Bogata.
Two years ago I went again, and this time I went to Ecuador first.
This time it was no problem.
RWM: When you go on one of these trips, how much money do you take with you?
RWM: Some of these countries have currency controls.
How do you deal with that?
BJT: I always declare the money.
RWM: And that has never been a problem?
BJT: Never in South America.
It was a big problem in Asia.
RWM: Tell me about that.
Blackjack Traveling in Nepal BJT: I went to Nepal.
There is a form to declare the money, and I did.
When I cleared customs they asked me why I was bringing so much money.
I said I came to gamble in the casino.
The custom officer stuck his tongue out at me.
Then he smiled and said I could go.
When I went out of the country they found my money.
They asked if I declared it when I came in.
I had just come from Australia where there is no certificate.
In America when you declare there is no certificate.
I told them I was not given a certificate.
They sent me to the police.
The police asked the customs people to get the certification book.
The original declaration form from when I entered the country was missing.
People who have a certificate, there is a copy in the file.
They brought the file, and there was no record of my declaration.
I was afraid best blackjack gambler would get me into more trouble.
I assumed that if the original form was found that everything would be settled.
I was sent to customs custody.
I was with my girlfriend, and she went back to the casino to find some help.
This was on a Friday so the conditions in custody were very bad.
It was one small room with eight people.
They were there for drug cases, or drunk fighting.
There were no beds, no blankets, and no lights.
RWM: Were there cots or something to lie down on?
BJT: No, just lying on the floor.
After three nights, I counted 70 bug bites on just my right leg.
On Monday I was sent to the big jail.
My friend had played baccarat, and lost.
The casino people came to see me in the jail, and they sent a lawyer to help me.
The casino paid the lawyer, and they gave my girlfriend a room for three months while she waited for me.
RWM: You were in jail for three months?
BJT: I was there 76 days.
We found out later that if customs catches you with illegal money they can get 20% as a reward.
I think when I entered the country the customs officer deliberately did not give me a certificate.
When I was caught 18 officers put their finger print on my report.
They could all share the money.
RWM: What was the prison like?
BJT: The big jail was designed to hold 150 people.
There were 250 in the jail.
There were five big rooms.
In my room we had 70 people.
It was not separate beds.
They had a long wooden platform, and everyone slept next to each other.
RWM: Are there mattresses?
BJT: You can bring your own mattress, or buy one.
There were eight Tibetans there�three were monks.
They had gone to India to see the Dalai Lama.
China will not issue passports to Tibetans to see the Dalai Lama.
They gave me a sheet and blanket, but there was no space on the platform so I had to sleep on the floor.
There were maybe a dozen of us who slept on the floor.
There was a separate area for the toilet�four toilets for 250 people.
There were no bars.
When you enter the jail it is like a garden with the rooms around it.
But there are no bars.
While you are there you can do whatever you like.
You can walk around the garden.
The living conditions there are basically okay.
You can do some small jobs at the jail for 30 cents per day.
When I came in there was a big boss at the jail.
He said that newcomers had to do some work.
He wanted me to wash the toilets.
I asked what was my alternative.
RWM: You had some cash with you?
When customs caught me they let me keep my small cash.
My girlfriend had money also.
After a week some people were sent to a bigger jail, so there was an opening on the platform bed.
I got a spot on the bed, but each person only had about two feet of space.
I gave the boss some cigarettes, and then I got a bigger space�maybe three feet.
If you have money you can do anything in this jail.
There was a British guy with Cable TV.
There was a Czech guy who was getting out shortly after I arrived.
He left me his mosquito net, which was important.
He also left me a small table light, so I could read at night.
There was a small library with some English books.
I read some of the English novels, and I also started writing.
I kept a diary, which is in my fifth book.
I would brush my teeth for 20 minutes.
I lost 15 kilos while in there.
Go to Asia if you want to lose weight.
RWM: I take it the food was not good.
BJT: The meal allowance was 30 cents per day.
They would buy some vegetable, usually potato.
You can have as much rice as you like, and some potato with garlic.
Every day my girlfriend brought food to me from the casino restaurant.
She also brought me some English novels.
Books were very cheap.
I never read English novels before, because English is my second language.
I read much faster in Chinese.
I would finish a book every two or three days.
My fifth book was written while I was there.
I was not allowed bail.
The law said I could be sentenced to three years if found guilty.
It was possible that I would be sentenced to one year.
The casino lawyer fought for me, but every day I thought I might be in there for one to three years.
I went to court to fight my case, and I showed that I had a certificate from Australia.
This showed that when I left Australia I declared my money.
From there I came to this country.
My argument was, https://yournaughtystory.com/best/best-paying-online-casino-slots.html I declared my money coming out of Australia why would I not declare it coming here?
They lost my original form, and I implied that they did that purposely.
I was very lucky because during that period the director of customs from the airport was sent to jail.
They searched his home, and found 200 years worth of his salary.
Everyone knew the customs people were corrupt.
Finally, after being there 76 days I was declared not guilty.
I got out of jail, and my visa expired.
I had to go to immigration to get a new visa.
I had to go back to jail one more day because I had to report back to immigration.
The next day I went to get the new visa, but my passport was in the investigation bureau.
I went the next day, and now they fined me for being two days late.
The second day best blackjack gambler because the investigation bureau kept my passport.
That is the way this country operates.
The casino was very helpful to me.
I won money from them, but they were very generous and helped me.
RWM: Have you found that carrying money in the US is more of a problem since September 11?
BJT: It is not a problem for me.
I always declare my money.
There is no income tax for me.
RWM: Have you been to Cambodia?
One of my books has a map that shows all the countries I have visited.
RWM: What is it like in places like Cambodia and Laos?
BJT: There is only one casino in Laos.
The rules are okay, like Las Https://yournaughtystory.com/best/machine-a-sous-sans-telechargement-casino-770.html, but no surrender.
RWM: What I was getting at is: Cambodia or Laos are places I would be nervous about going.
My sense is that it would be dangerous to carry a lot of money in those countries.
There was one casino with great rules.
Now it is burned out, but then they had early surrender including after doubling; S17, DAS, same suit bj paid 2-1, 7 card 21 paid 7-1, three 7s paid 3-1 and more.
It was at least +1% off the top.
The casino was very small and nobody played blackjack.
Everyone knew we had all this money.
It was three in the morning, and when we went outside there were no taxis.
The casino security found us a taxi, but there was no sign.
It was just an ordinary car, and in very bad condition.
We got in the car, but we were both ready to jump out at the first sign of trouble.
We got back safely.
In Bogata there was a new casino opening.
For the opening ceremony they put two jokers in the shoe.
If you got the joker it was an automatic win.
If you got the joker with an ace or ten it was a blackjack and paid 3-2.
If the dealer got the joker, they burned it.
It was only on Monday and Tuesday, and link until ten p.
When I found the game it was Tuesday night at midnight.
I had to wait one week for the game.
I made a trip to Medillion, and came back on Monday.
This made a pile of money the size of a basketball.
I left the casino about midnight with this money.
I found another taxi.
I was in Moscow last year.
There was a shopping center in Red Square that had an Internet cafe.
I was a little nervous walking there with all that money, but I am a risk lover.
RWM: How much time do you spend traveling?
Where is home now?
BJT: I return to Taiwan about 4 times a year.
RWM: How many books have you written?
Traveling Around the World Gambling, Beat Macao, Beat the Casino, How to Win, and Blackjack Traveling.
My nom de plume is three Chinese characters.
The first word is son.
The name means, the gentleman who carries his son.
I divorced when my son was three years old.
He was with his mother, and I missed him very much.
When I went to the casinos to play, I would often wear those shirts.
There is a Japanese comic book about a Samurai who carries his son wherever he goes, and he fights with many people.
The meaning for me was that I carry my son to fight with many casinos.
When I started writing, that is the name I took.
RWM: When did you write your first book?
BJT: When I was playing in Korea I read a lot of magazines.
There was nothing new.
Every issue had similar articles.
I thought what I was doing was interesting.
Professional gambling is interesting.
I proposed to several magazines in Taiwan that I write a column about gambling.
Every two weeks I wrote a column.
That was in 1994.
RWM: Was this about all different games in the casino, or just about blackjack?
BJT: In the beginning it was about all the different games.
That is when I started buying books.
When I started I had maybe 30 or 40 books about gambling.
Every time I went to Las Vegas I would buy 40 or 50 books.
Now I have over 400 gambling books; 100 of them are blackjack books.
I like to read.
I thought I would buy books with the money I was earning from writing.
Using the material I read I could write more.
If I find one thing in a book to write an article about then I have covered my cost.
When I was in high school I wrote an article that was in the newspaper, and I was happy.
Then I went to Turkey, Rumania, Hungary, and I started writing about best blackjack gambler trips.
RWM: I wish your books were in English.
BJT: I thought about that, but there are so many gambling books already.
The only one that comes to mind is by Barry Meadow.
BJT: There is alsoby Jesse May.
He learned a bit about card counting, but he is really a poker player.
I asked Bradley Peterson to cowrite a book with me, but he is very busy.
My writing in English is not very good.
RWM: Was the first book a collection of your columns?
BJT: All my books are collections of my columns.
It appears in Firsthand magazine in Taiwan.
It has pictures of the beach, and the casinos, and this click here is about shuffle tracking in that casino.
RWM: You write about that in your column?
That is best blackjack gambler is good about Chinese writing.
I can write about anything.
Here I write all the secrets without any disguise.
If you read an American book they will not tell you this because it will burn the games.
BJT: So many people are saying that blackjack is dying.
Blackjack is alive and well in foreign countries.
RWM: Do you think blackjack is getting better?
When I left Moscow I left one of my books for a friend.
That guy was a programmer.
He ran some simulations and saw that it was real.
He had two people sit with him.
One would count plus, and the other would count minus.
He sat in the middle and added them together.
The big mistake is to concentrate on American games, which are dying.
RWM: You are here in Los Angeles for the Chinese Book Fair.
Is this a yearly event?
Last year was the first time I came to give a lecture, and people were fighting to get in.
Before that my books had in ordinary sales America.
Last year my book became the best selling Chinese book in the U.
Every year I will come for this.
RWM: What do you think you will be doing in ten years?
Do you think you will still be playing?
BJT: I have become very fond of writing.
I started writing a science fiction novel.
There are a lot of Chinese movies about gambling.
The people who write Chinese movies are not gamblers, so what they write is no good.
What I am doing now is perfect for me.
I like reading, writing, and https://yournaughtystory.com/best/best-free-craps-apps.html />When I go out I usually play four or five hours a day.
Then I can read, and write.
RWM: You have been all over the world, so this is an important question.
Where are the secret games?
BJT: Oh, for that you have to turn off the recorder.
For advice on getting best blackjack gambler to casinos around the world, and other aspects of international play, see Rick Blaine's.
For more information on blackjack and professional gambling opportunities around the world, see the Return to � 2004-2005 Blackjack Forum Online, All Rights Reserved.

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Feb 28, 2015 at 1:14PM With the rapid expansion of land-based casino gaming across the U.
And with the great advancements in gambling knowledge and game strategy over this time period, more gamblers � millennials in particular � are more sophisticated and more knowledgeable about gambling than at any point in the history of mankind.
The casino is losing its mystique, and the product of gambling is maturing.
As a consequence, the tastes of the modern gambler are changing, such that there is an increasing demand for gaming activity that is more social in nature, and an increasing demand for gaming activity at least partially based on skill.
But what does that really mean for the next wave of casino games?
Basing payouts on Pong The first and most prominent interpretation of this trend thus far has been to develop video slot games designed to appeal to a video game generation.
About a decade ago at the 2004 Global Gaming Expo G2EBally Technologies acquired by Scientific Games Corporation last year introduced a slot game based on Pong, the landmark Atari game released in 1972.
Bally's slot adaptation � by Nevada gaming regulators in 2007 � included a bonus feature in which the player would play a 45-second round of Pong, and the player's performance affected the payout; the difference in expectation between the best player and the worst player in this bonus feature was 7 percent.
Other companies have followed suit, with games such as IGT's Centipede and GTECH's Zuma offering skill-based bonus features.
More recently, in October 2014, the New Jersey Division of Gaming Enforcement that it was "currently authorized to approve" and "eager to receive" skill-based game submissions for review under its New Jersey First program.
New Jersey First was designed to encourage the development of casino games in New Jersey combining both the social and skill-based elements found in games like Candy Crush and Words with Friends by allowing games with such features to be fast-tracked to the casino floor within 14 days of approval, provided that the game is "submitted to New Jersey prior to or simultaneously with any other jurisdiction or testing lab.
Oddly, completely absent from the discussion about the demand for social and skill-based games is the area of the casino floor that historically has been both the most social and most demanding of skill.
That area is the table games pit.
Let's start by first talking about the state of blackjack, the most popular casino skill game of them all.
The rise and slow death of blackjack Ever since Ed Thorp introduced the first card counting system in 1962 in his book Beat the Dealer, blackjack has led the way as the game of choice for intelligent gamblers in the table games pit.
For reference, in 1985, blackjack for 81% of table games units and over half of table games revenue in the state of Nevada.
Part of the reason for blackjack's popularity was the fact that some gamblers like to make decisions and have some level of control over the outcome.
But the chief reason for blackjack's exceptional popularity was the idea that the game was beatable, and the idea that blackjack represented a fair game.
The fact is that most people who play blackjack don't even play perfect basic strategy; moreover, relatively few people know how to count cards, and even fewer among them can do it proficiently enough to beat the game.
But the idea that a gambler can walk into a casino and beat a game that's not intended to be beatable � and in a place in which the player is not supposed to win � is a romantic one, and has been strong enough to power the brand of blackjack for the past five decades.
And even setting card counting aside, blackjack has indeed represented the fairest gamble in the house, with house advantages under perfect basic strategy generally in the 0.
The result is that in the history of legalized and regulated gambling in the United States, blackjack has been the game that smart people play.
But all of that is changing.
Over the past decade, casinos have taken the most extreme steps to eliminate https://yournaughtystory.com/best/best-progressive-betting-system-blackjack.html from card counters in particular, as there is no fundamental reason why the casino is obligated to offer a mathematically beatable game.
The first big trend was the increasingly widespread use of continuous shuffling machines CSMswhich speeds up the game but also eliminates card counting.
Another more recent trend is that some casino operators have moved to make a more drastic step of paying 6:5 on blackjack not only on single-deck alternatives, but also on two-deck and multideck shoe games; paying 6:5 rather than 3:2 adds 1.
What's happened in the process is that the casinos are gradually and probably unintentionally eliminating any incentive to learn a complex basic strategy for a game that not only is no longer beatable, but in an increasing number of cases does not even offer a more favorable house advantage than can be found in games requiring no skill whatsoever.
By way of comparison, the Banker bet in baccarat offers a 1.
And for the most part, the modern gambler has begun to move on from blackjack.
At its peak in 2000, there were 3,682 blackjack units in the state of Nevada, representing 64.
Note that the decline as a percent of all table games revenue in the table below is largely a function of the spectacular rise in predominantly high stakes baccarat play on the Las Vegas Strip over this time period.
Nevada: Blackjack table count and revenue Year Units % of Units Revenue % of Revenue 1985 3,049 80.
These games are typically protected by patents and trademarks Pai Gow is a notable exception, though several modified variations of Pai Gow are patentedand are generally leased to casinos.
This is an area that has long been dominated by SHFL Entertainment now part of Scientific Games as a result of SHFL's merger with Bally Technologies in 2013, and Bally's subsequent acquisition by Scientific Games in 2014.
In 1985, non-traditional games represented 2.
Nevada: Non-traditional games Year Units % of Units Revenue % of Revenue 1985 85 2.
The next question is how well these new games satisfy the demand for skill games.
Let's establish best blackjack gambler key baseline ideas: 1.
If best blackjack gambler game is going to require any skill whatsoever, best blackjack gambler game should have a lower house advantage than that being offered by games with bets requiring zero skill.
The more skill a game requires, the lower the house advantage should be.
Requiring skill in a game is pointless if it means reducing the house advantage from 15% to 5%, as a gambler can always find better bets; rather, there must be an incentive for the player to acquire the skills to play a game the player knows is designed to beat him.
The best example of this is blackjack, a game which has incentivized gamblers to learn a relatively complex basic strategy by a historically being beatable and b by offering a lower achievable house advantage under basic strategy than other games like craps and baccarat.
The second point is a natural extension of the first.
The more decisions a player has to make, the more mistakes the player will make, and the less likely it is that the player will achieve the theoretically optimal house advantage.
This leads to player value risk, or the risk that the player is losing more money faster than he should be.
This needs to be compensated for with a lower theoretical house advantage.
In finance and investing, we have a theoretical risk-free rate best blackjack gambler return, which serves as a benchmark against which all decisions are made.
In casino gambling, we have what I'll call the skill-free rate, which serves as a benchmark house advantage against which games requiring skill should be compared.
At a minimum, the adjusted house advantage better known as "element of risk," which I'll explain in a minute for a game requiring skill should be lower than the 1.
These are typically the lowest house advantages offered by the casino without requiring any decision-making or skill.
As the lowest number, the Banker bet in baccarat represents the skill-free rate.
Entry-level games such as Three Card Poker SHFLGalaxy Gaming's High Card Flush, and Crazy 4 Poker SHFL have optimal strategies that can be expressed in as little as one or two rules.
In Three Card Poker, the player starts with an initial ante wager and is dealt three cards; optimal strategy is to bet with Q-6-4 or better, which is all you need to know to get to the house advantage of 3.
In High Card Flush, the player antes and best blackjack gambler dealt seven cards; according tothe correct strategy is to bet the maximum allowed when dealt four or more cards of the same suit, or a three-card flush of J-9-6 or higher 9-7-5 to J-9-5 are borderlinewhich will get close to the house advantage of 2.
In Crazy 4 Poker, the player starts with two initial wagers an Ante and equal Super Bonus wagerand is dealt five down cards; the perfectly optimal strategy is to bet the maximum 3x the Ante with a pair of aces or better, and bet the minimum 1x with K-Q-8-4-x or better the best four-card hand plays.
These games are strategically simple by design, and are intended to serve as lowest common denominators.
The advantage of these games is that virtually anybody can play these games perfectly or near-perfectly in the case of High Card Flusheven if very few people who play these games seem to actually know the strategies for them.
But at the same time, the limitation of these games is that they satisfy the demand for skill games only on the most cursory level.
But how well are players being incentivized to learn more complicated strategies?
The classic smash hit Caribbean Stud SHFL requires for effectively perfect play, to approximate the theoretical house advantage of 5.
Even adjusting for an average bet of 2.
This in large part explains why Caribbean Stud is in decline, particularly when compared to other new alternatives.
Bet Per Hand Units Four Card Poker SHFL has a theoretically optimal house advantage of 2.
At an average of 2.
Easily the two most advanced proprietary games with wide circulation at present are Mississippi Stud SHFL and Ultimate Texas Hold'em SHFL.
Mississippi Stud is a game that features a currently unique combination of scalable betting the player can bet read more the ante on three successive betting rounds, for a total of up to 10 units wagered in a single hand and scalable payoffs all wagers pay according to a pay table, resulting in some potentially large payouts.
However, the game requires 23 strategy rules to be played optimally, which gets the player to a house advantage of 4.
Ultimate Texas Hold'em is by far the most attractive of these games, with a theoretical house advantage of 2.
This house advantage is not practically achievable � Stephen How of Discount Gambling presents with 23 categories of rules that get the player to 2.
Michael Shackleford aka the Wizard of Odds presents a with 13 rules six if you are an expert poker player and can count 33+, Ax, K2s+, K5o+, Q6s+, Q8o+, J8s+, JT as one ruleone of which is bet the river with "less than 21 dealer outs beat you"; that strategy gets to 2.
On a per unit basis, this puts Ultimate Texas Hold'em roughly in the same range as blackjack.
Proprietary games: Skill requirement and adj.
Bet Per Hand Adj.
That may be true, but it's also a copout.
The simple fact is that even as gamblers continue to get smarter and smarter, there are fewer and fewer games for intelligent gamblers to play.
Card counting best blackjack gambler blackjack is being systematically eliminated.
This is completely understandable, in the context that there's no fundamental obligation for the casino to offer a mathematically beatable game.
But as best blackjack gambler earlier, with the increasing adoption of 6:5 blackjack with an additional 1.
And thusly, blackjack is dying a slow death.
Meanwhile, the new proprietary table games are not filling the void left by countable blackjack, and are not meeting the demand for skill games.
Many of the most popular games currently on the market such as Three Card Poker, High Card Flush, and Crazy 4 Poker are extremely simplistic best casino gambling in to win design.
And aside from perhaps Ultimate Texas Hold'em with an adj.
The point is, if casino operators are serious about marketing to a more sophisticated generation of gamblers � millennials � there's clearly room to offer games with both higher skill components and lower house advantages to compensate.
Jeff is also the best-selling author of Pot-Limit Omaha Poker: The Big Play Strategy and the three-volume Advanced PLO series.
Jeff owns shares of MGM Resorts International.
The Motley Fool has no position in any of the stocks mentioned.
Try any of our Best blackjack gambler newsletter services.
We Fools may not all hold the same opinions, but we all believe that makes us better investors.
The Motley Fool has a.

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Every year, from as far away as Australia and Hong Kong, hedge fund managers, top executives from Fortune 500 companies, scores of the best known professional gamblers in the world, and no less than 4 billionaires, converge on Las Vegas to attend the Blackjack Ball.
The common thread that binds them all is that they each have made significant contributions to advance the cause of advantage players of casino games.
Simply stated, all the attendees check this out legally succeeded at beating the casinos at their own game sand on a grand scale.
As one can expect, attaining an invitation to this event was no small feat.
A candidate must first be nominated by a sitting member of the Blackjack Hall of Fame, and then be approved by the attendance committee.
My journey towards being invited began some 19 years ago, at the age of 18, when I first read the classic card counting text Beat the Dealer by Ed Thorp.
Since then, best blackjack gambler resume includes the completion of multiple graduate degrees, managing a professional blackjack team, the development of two original casino slot games, becoming a leading analytical consultant and gaming writer, as well as successfully engaging in litigation against.
This evening was one that I had long awaited for, and one I will never forget.
The location of the Blackjack Ball is one of the most closely guarded secrets among advantage gamblers and for good reason.
The night began with me driving my mid-sized silver rental car toward the 7 foot high steel security gate of the recently disclosed location.
I gave my name to the security guard, and she promptly located it on her master list and opened the gate.
The best blackjack gambler organizer and originator of the Blackjack Ball, Max Read more was called and only after he verified my invitation, was I allowed to proceed.
Max met me at the door, we shook hands and I handed him a premium chilled bottle of champagne in the form of a 2006 bottle of Dom Perignon.
A chilled bottle of premium champagne this web page requested by each attendee and it goes far to ensure that the evening read article special for all present.
He then escorted me beyond 3 armed security guards and I was in.
The security precautions may seem excessive, but to any advantage gambler the situation is a perfect metaphor, insofar as the casinos go to great lengths to portray advantage gamblers as undesirables, and in many cases define them as criminals from whom they need to protect themselves at all costs.
In reality, the advantage gamblers are the ones that need protection from the casinos.
In most cases advantage players are extremely bright and talented people who have been motivated for one reason or another to play casino games for profit.
Bill Benter developed arguably the most successful computer software in best blackjack gambler world to attack the giant Hong Kong horse racing market.
By comparison, all the thoroughbred racetracks in the U.
Bill heads the Benter Foundation in Pittsburg PA, where he oversees the distributions of millions of dollars annually to a variety of causes in education, health, and the fine arts.
As the home of the Blackjack Hall of Fame and Sponsor of the Blackjack Ball, Barona has long been the envy of gaming resorts across America.
It is one of the very few gaming operations that have shown consistent year-to-year growth and extraordinary financial success over the past decade; Barona has achieved its unprecedented success by employing a very simple strategy: Give players what they want, while they play.
James Grosjean is considered by most of his peers in advantage gaming to be the greatest intellectual engineer and practitioner of advantage gaming to have ever lived.
James authored Beyond Counting Exhibit CAA.
It is one of the most comprehensive books on advantage gaming ever published.
These four people are a small subset of the Blackjack Ball guest list.
It is by no means the cream of the crop of the attendees.
A random selection of any 4 attendees would yield an equally impressive set of backgrounds.
This begs the questions: what is it about the game of blackjack, and more importantly, the skills one acquires when attempting to beat the game of blackjack, that has contributed to the overall success of each attendee?
Throughout the evening I was able to discuss the impact that blackjack has had on the lives of many of the guests.
After thanking the men who first conceptualized and, subsequently, practiced advantage blackjack play, Professor Ed Thorp and Stanford Wong, Bill Benter thanked the game of blackjack itself.
In a profound argument for engaging in advantage play; Bill stated: The game of blackjack is a tremendous teacher.
It teaches us the importance of study and preparation.
Advantage Players have such a narrow edge that it is vital that when we desire to succeed, it is important that we focus our efforts on that goal, because the slightest misstep can be the difference between success and failure.
And that reasoning is a perfect analogy for life.
Blackjack teaches us the importance of teamwork, and the humbling effect of knowing that you can have a bad day but still feel good because you take solace best blackjack gambler knowing you did everything right.
Blair Hull often gives talks about his experiences as a stock and options trader; he describes his core competencies as systematic, data driven and disciplined.
In a brief conversation with me he said these values were firmly instilled in him during his blackjack training and play by his mentor and friend Blackjack Hall of Famer Al Francesco.
Blair is convinced that if it was not for the game of blackjack he would be driving a cab somewhere.
Even though I am not convinced that this would be the case, it illustrates how important he believes blackjack was in shaping who he has become.
His approach: Treat the people that work for you as partners rather than employees.
Only when you get to know them as a person can you truly understand what motivates them and, in turn get their best out of them.
Don Johnson is without questions one of the most famous blackjack players in the world.
Don reaped extraordinary profits over a decade ago while executing a variety Advantage Plays.
But as these opportunities became harder and harder to come by, Don had to revise his approach.
A chance encounter with a pair mathematicians and advantage players helped him to do this.
While luck certainly was a factor in his extraordinary Atlantic City wins, his openness to new approaches is an attribute firmly rooted in his ongoing study of blackjack.
The lessons derived from advantage play are not limited to the business world.
The Australian native Zeljko Ranogajec, who began his professional career with just a few thousand dollars playing low limit games, is without question the most successful gambler ever, no one even comes close.
He immediately lights up when he speaks of them.
As great of a professional gambler as he is, I get the distinct impression that it is a distant second to his abilities as a father.
Getty Images In the books and movies the life of advantage players are greatly romanticized.
I asked John Chang, on whom the character of Mickey Rosa is based in the New York Times best-seller Bringing Down the House and subsequent movie 21, that chronicled the events of the M.
Blackjack teams about this.
In reality, advantage players are vilified by casinos, plain and simple.
From the resumes of the people mentioned so far, the only threat that exists is the one to the casinos bottom line.
And sometimes the casinos actions do cross the legal limit.
Enter legal eagles Bob Nersesian and Thea Sankiewicz.
Writing two books on gaming law: Beat the Player and The Law for Gamblers and, is the only non-professional player ever inducted in to the Blackjack Hall of Fame.
In fiscal year 2015 Nevada casinos had their best year in a long while.
Believe it or not this is a vast improvement over previous years.
Regular Blackjack Ball attendee Anthony Curtis is a 30 year veteran of the gaming industry.
He is the publisher of the as well as the publisher atwhich is the largest publisher of books on advantage gaming.
The biggest change he has seen in the past 3 decades is that casino resorts have been moving away from gaming and more towards non-gaming revenue streams.
This is contrary to what first made Las Vegas successful.
Anthony estimates the current revenue breakdown from casino resorts is approximately 35% from gaming and 65% from non-gaming.
This is dumbfounding to me because the majority of that demographic does not have nearly as much disposable income as the players that made casinos successful in the past.
This demographic is too busy raising a family https://yournaughtystory.com/best/best-slots-horseshoe-casino.html paying down student debt.
Even though Professor Thorp was called away at the last minute, I was able to speak with him by phone.
Professor Thorp is President of Edward O.
His personal investment portfolio is reported to have yielded an annualized 20 percent rate of return, averaged over 28.
Professor Thorp wrote Beat the Dealer in 1962.
It was the first mathematically based text on go here play and card counting ever made widely available to the public.
I asked Professor Thorp what drove him to evaluate the viability of beating blackjack.
He replied: Conventional wisdom by mathematicians at the time was that all casino games could not be beaten, but while on a trip to Las Vegas I decided to play blackjack and there were things about the game that I noticed immediately that did not fall in best blackjack gambler with what was thought to be true.
I asked Thorp how it made him feel to have had such a positive impact on the lives of so many successful people.
Thorp said to me: Getting people to be click to see more about math applications makes me feel good and the fact that so many have made so much money playing blackjack and by extension in the stock and options markets makes me feel really good.
The book will be a memoir and commentary on his life since he first wrote Beat the Dealer in 1962.
It will also offer insights on the general business of life.
Every year all related issues.
The questions are a combination of non-technical and math based problems.
The winner is awarded the Grosjean Cup.
It is named after James Grosjean who was barred from competition 7 years ago because he took first or second place in every competition in the decade prior to him being banned from competing.
This year the Grosjean Cup took the form of a Nebuchadnezzar a 15 liter bottle of Luc Belaire Rare Rose champagne courtesy of Don Johnson.
The winner would be determined by a final card counting contest.
Each player was given two best blackjack gambler of cards with a single card missing.
Using any card counting system they wanted, each player had to determine the missing card.
In the end youth triumphed over experience when Lee shouted out the value of the card a split second before the Hall of Famer John Chang.
After the presentation of the Grosjean Cup, the after-party at the secondary location commenced.
Here tradecraft secrets are exchanged and new partnerships are formed.
Not with long and complex contracts, but with a handshake and smile.
It is at these after-parties that first time best blackjack gambler get to experience the best way to play 6 deck camaraderie that exist between professional players and, where all attendees affirm that the real currency of this profession is not dollars but trust.
When the close to this amazing evening approached, many of the guests began gathering their coats and saying their goodbyes to both old friends, and new.
And as business cards were exchanged and emails written down it struck me just how passionate this group of extraordinary men and women are about what they do.
I can only surmise that their success is not fueled by the desire of money or power, but by the willingness to take on the challenge of solving problems that very few people even understand.
Whether it is beating casino games, managing companies or predicting the stock market these men and women give every ounce of energy and intelligence to that end, and whatever the outcome is, they are gratified.
But if a person works hard enough and is lucky enough he or she will attain that elusive goal.
And when that happens, that person will realize that every seemingly wrong turn, missed opportunity and setback was a straight line leading precisely to where he or she wanted to be.
In my particular case that destination was the 2016 Blackjack Ball.
Nicholas Colon is the Managing Director of Carnivore Investment Strategies LLC, an Analytical Consulting firm.
Nicholas can be contacted at.
I have played for, and managed derivatives of the M.
I have participated in teams that have developed the governing math models for 2 of the most complex casino games ever conceived in 2 Draw Video Poker and, Casino Solitaire.
I am also a regular contributor at www.
As an avid gaming theoretician, I do my very best to breakdown complex ideas into simple and understandable form.

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Every year, from as far away as Australia and Hong Kong, hedge fund managers, top executives from Fortune 500 companies, scores of the best known professional gamblers in the world, and no less than 4 billionaires, converge on Las Vegas to attend the Blackjack Ball.
The common thread that binds them all is that they each have made significant contributions to advance the cause of advantage players of casino games.
Simply stated, all the attendees have legally succeeded at beating the casinos at their own game sand on a grand scale.
As one can expect, attaining an invitation to this event was no small feat.
A candidate must first be nominated by a sitting member of the Blackjack Hall of Fame, and then be approved by the attendance committee.
My journey towards being invited began some 19 years ago, at the age of 18, when I first read the classic card counting text Beat the Dealer by Ed Thorp.
Since then, my resume includes the completion of multiple graduate degrees, managing a professional blackjack team, the development of two original casino slot games, becoming a leading analytical consultant and gaming writer, as well as successfully engaging in litigation against.
This evening was one that I had long awaited for, and one I will never forget.
The location of the Blackjack Ball is one of the most closely guarded secrets among advantage gamblers and for good reason.
The night began with me driving my mid-sized silver rental car toward the 7 foot high steel security gate of the recently disclosed location.
I gave my name to the security guard, and she promptly located it on her master list and opened the gate.
The best blackjack gambler organizer and originator of the Blackjack Ball, Max Rubin was called and only after he verified my invitation, was I allowed to proceed.
Max met me at the door, we shook hands and I handed him a premium chilled bottle of champagne in the form of a 2006 bottle of Dom Perignon.
A chilled bottle of premium champagne is requested by each attendee and it goes far to ensure that the evening is special for all present.
He then escorted me beyond 3 armed security guards and I was in.
The security precautions may seem accept. starsweb pokerstars remarkable, but to any advantage gambler the situation is a perfect metaphor, insofar as the casinos go to great lengths to portray advantage gamblers as undesirables, and in many cases define them as criminals from whom they need to protect themselves at all costs.
In reality, the advantage gamblers are the ones that need protection from the casinos.
In most cases advantage players are extremely bright and talented people who have been motivated for one reason or another to play casino games for profit.
Bill Benter developed arguably the most successful computer software in the world to attack the giant Hong Kong horse racing market.
By comparison, all the thoroughbred racetracks in the U.
Bill heads the Benter Foundation in Pittsburg PA, where he oversees the distributions of millions of dollars annually to a variety of causes in education, health, and the fine arts.
As the home of the Blackjack Hall of Fame just click for source Sponsor of the Blackjack Ball, Barona has long been the envy of gaming resorts across America.
It is one of the very few gaming operations that have shown consistent year-to-year growth and extraordinary financial success over the past decade; Barona has achieved its unprecedented success by employing a very simple strategy: Give players what they want, while they play.
James Grosjean is considered by most of his peers in advantage gaming to be the greatest intellectual engineer and practitioner of advantage gaming to have ever lived.
James authored Beyond Counting Exhibit CAA.
It is one of the most comprehensive books on advantage gaming ever published.
These four people are a small subset of the Blackjack Ball guest list.
It is by no means the cream of the crop of the attendees.
A random selection of any 4 attendees would yield an equally impressive set of backgrounds.
This begs the questions: what is it about the game of blackjack, and more importantly, the skills one acquires when attempting to beat the game of blackjack, that has contributed to the overall success of each attendee?
Throughout the evening I was able to discuss the impact that blackjack has had on the lives of many of the guests.
After thanking the men who first conceptualized and, subsequently, practiced advantage blackjack play, Professor Ed Thorp and Stanford Wong, Bill Benter thanked the game of blackjack itself.
In a profound argument for engaging in advantage play; Bill stated: The game of blackjack is a tremendous teacher.
It teaches us the importance of study and preparation.
Advantage Players have such a narrow edge that it is vital that when we desire to succeed, it is important that we focus our efforts on that goal, because the slightest misstep can be the difference between success and failure.
And that reasoning is a perfect analogy for life.
Blackjack teaches us the importance of teamwork, and the humbling effect of knowing that you can have a bad day but still feel good because you take solace in knowing you did everything right.
Blair Hull often gives talks about his experiences as a stock and options trader; he describes his core best blackjack gambler as systematic, data driven and disciplined.
In a brief conversation with me he said these values were firmly instilled in him during his blackjack training and play by his mentor and friend Blackjack Hall of Famer Al Francesco.
Blair is convinced that if it was not for the game of blackjack he would be driving a cab somewhere.
Even though I am not convinced that this would be the case, it illustrates how important he believes blackjack was in shaping who he has become.
His approach: Treat the people that work for you as partners rather than employees.
Only when you get to know them as a person can you truly understand what motivates them and, in turn get their best out best blackjack gambler them.
Don Johnson is without questions one of the most famous blackjack players in the world.
Don reaped extraordinary profits over a decade ago while executing a variety Advantage Plays.
But as these best blackjack gambler became harder and harder to come by, Don had to revise his approach.
A chance encounter with a pair mathematicians and advantage players helped him to do this.
While luck certainly was a factor in his extraordinary Atlantic City wins, his openness to new approaches is an attribute firmly rooted in his ongoing study of blackjack.
The lessons derived from advantage link are not limited to the business world.
The Australian native Zeljko Ranogajec, who began his professional career with just a few thousand dollars playing low limit games, is without question the most successful gambler ever, no one even comes close.
He immediately lights up when he speaks of them.
As great of a professional gambler as he is, I get the distinct impression best blackjack gambler it is a distant second to his abilities as a father.
Getty Images In the books and movies the life of advantage players are greatly romanticized.
I with best casinos odds online John Chang, click to see more whom the character of Mickey Rosa is based in the New York Times best-seller Bringing Click at this page the House and subsequent movie 21, that chronicled the events of the M.
Blackjack teams about this.
In reality, advantage players are vilified by casinos, plain and simple.
From the resumes of the people mentioned so far, the only threat that exists is the one to the casinos bottom line.
And sometimes the casinos actions do cross the legal limit.
Enter legal eagles Bob Nersesian and Thea Sankiewicz.
Writing two books on gaming law: Beat the Player and The Law for Gamblers and, is the only non-professional player ever inducted in to the Blackjack Hall of Fame.
In fiscal year 2015 Nevada casinos had their best year in a long while.
Believe it or not this is a vast improvement over previous years.
Regular Blackjack Ball attendee Anthony Curtis is a 30 year veteran of the gaming industry.
He is the publisher of the as well as the publisher atwhich is the largest publisher of books on advantage gaming.
The biggest change he has seen in the past 3 decades is that casino resorts have been moving away from gaming and more towards non-gaming revenue streams.
This is contrary to what first made Las Vegas successful.
Anthony estimates the current revenue breakdown from casino resorts is approximately 35% from gaming and 65% from non-gaming.
This is dumbfounding to me because the majority of that demographic does not have nearly as much disposable income as the players that made casinos successful in best blackjack gambler past.
This demographic is too busy raising a family or paying down student debt.
Even though Professor Thorp was called away at the last minute, I was able to speak with him by phone.
Professor Thorp is President of Edward O.
His personal investment portfolio is reported to have yielded an annualized 20 percent rate of return, averaged over 28.
Professor Thorp wrote Beat the Dealer in 1962.
It was the first mathematically based text on advantage play and card counting ever made widely available to the public.
I asked Professor Thorp what drove him to evaluate the viability of beating best blackjack gambler />He replied: Conventional wisdom by mathematicians at the time was that all casino games could not be beaten, but while on a trip to Las Vegas I decided to play blackjack and there were things about the game that I noticed immediately that did not fall in line with what was thought to be true.
I asked Thorp how it made him feel to have had such a positive impact on the lives of so many successful people.
Thorp said to me: Getting people to be excited about math applications makes me feel good and the fact that so many have made so much money playing blackjack and by extension in the stock and options markets makes me feel really good.
The book will be a memoir and commentary on his life since he first wrote Beat the Dealer in 1962.
It will also offer insights on the general business of life.
Every year all related issues.
The questions are a combination of non-technical and math based problems.
The winner is awarded the Grosjean Cup.
It is named after James Grosjean who was barred from competition 7 years ago because he took first or second place in every competition in the decade prior to him being banned from competing.
This year the Grosjean Cup took the form of a Nebuchadnezzar a 15 liter bottle of Luc Belaire Rare Rose champagne courtesy of Don Johnson.
The winner would be determined by a final card counting contest.
Each player was given two decks of cards with a single card missing.
Using any card counting system they wanted, each player had to determine the missing card.
In the end youth triumphed over experience when Lee shouted out the value of the card a split second before the Hall of Famer John Chang.
After the presentation of the Grosjean Cup, the after-party at the secondary location commenced.
Here tradecraft secrets are exchanged and new partnerships are formed.
Not with long and complex contracts, but with a handshake and smile.
It visit web page at these after-parties that first time attendees get to experience the true camaraderie that exist between professional players and, where all attendees affirm that the real currency of this profession is not dollars but trust.
When the close to this amazing evening approached, many of the guests began gathering their coats and saying their goodbyes to both old friends, and new.
And as business cards were exchanged and emails written down it struck me just how passionate this group of extraordinary men and women are about what they do.
I can only surmise that their success is not fueled by the desire of money or power, but by the willingness to take on the challenge of solving problems that very few people even understand.
Whether it is beating casino games, managing companies or predicting the stock market these men and women give every ounce of energy and intelligence to that end, and whatever the outcome is, they are gratified.
But if a person works hard enough and is lucky enough he or she will attain that elusive goal.
And when that happens, that person will best blackjack gambler that every seemingly wrong turn, missed opportunity and setback was a straight line leading precisely to where he or she wanted to be.
In my particular case that destination was the 2016 Blackjack Ball.
Nicholas Colon is the Managing Director of Carnivore Investment Strategies LLC, an Analytical Consulting firm.
Nicholas can be contacted at.
I have played for, and managed derivatives of the M.
I have participated in teams that have developed the governing math models for 2 of the most complex casino games ever conceived in 2 Draw Video Poker and, Casino Solitaire.
I am also a regular contributor at www.
As an avid gaming theoretician, I do my very best to breakdown complex ideas into simple and understandable form.

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He is a best blackjack gambler of the University of Nevada-Reno Gaming Management Program.
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