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BJI Newsletter, July 2011, #138

Read this issue as a single web page

A WORD FROM HENRY

By now, you probably heard of the amazing story of Don Johnson, the fellow who recently beat three Atlantic City casinos out of $15 million dollars playing blackjack. Until now, there was a lot of speculation on how he accomplished this amazing feat (was he card counting, was he using a progressive betting system, was he conspiring with someone, was it just dumb luck, etc.). It turns out that Johnson had a big edge over the casino (without card counting), and in this issue you'll read the fascinating details on how he did it. We begin with an exclusive interview of Johnson by Mark Gruetze. The second ground-breaking article by Alan Krigman shows how the loss-rebate that Johnson negotiated with the casinos was the key to his edge. In the third article, Dan Pronovost took Krigman's initial studies one-step further to prove how Johnson turned the loss-discount offer from the casino into a positive edge game (and the secret to how it worked). In the fourth article, Frank Scoblete and Golden Touch Craps math expert "Skinny" take a more simplistic look at how Johnson beat the casinos. This issue also contains blackjack reports on the downtown Vegas casinos (by Stu D. Hoss), casinos in Laughlin, NV (by KC Brooks), and the Mississippi Gulf Coast and Tunica casinos (by Riverboat Flyer). The N.J. Division of Gaming Enforcement recently approved new regulations that allow A.C. casinos to reduce the number of table-game supervisors. Read what Vinny DeCarlo has to say about this (and it ain't pretty). Basil Nestor has an interesting article about a fish that could play blackjack (no, I'm not kidding ... read the article for the details). Our casino answer man John Grochowski answers three questions from players; one on craps, another dealing with video poker, and a third having to do with using a progressive betting system at blackjack when the cards are dealt from a Continuous Shuffling Machine. Ken Smith played in a recent blackjack tournament at IP casino (Biloxi) and he describes a last-hand scenario that allowed him to get a lock, win his table, and advance (great betting advice in this article from an expert). On the video poker front. Frank Kneeland explains break-points, and provides a strategy chart for playing the Super Double Bonus Poker progressive game at the M casino in Las Vegas. Last, but not least, we have our schedule of major blackjack tournaments across the country. (Note: Ken Smith and I will be playing in the $100,000 IP Blackjack Tournament in July).

On October 21 in Las Vegas, I will be presenting two seminars at the one-day Golden Touch Advantage-Play Friday event. My first seminar will cover how to get the advantage in blackjack, and the second is on how to get the edge in video poker. If you want to gain the advantage over the casino at either game, consider attending this great event. For details, click here.

In the Article Spotlight
BLACKJACK COVER STRATEGIES by The JPB.

This month's great "insider" article appeared in issue #54 of the BJI. JPB summarizes some great "cover strategies" to keep you under the casino radar when you are card counting.

Enjoy the issue.

Henry Tamburin
Editor

If you come across an unfamiliar blackjack term in one of our articles or reports, see our Blackjack Glossary: www.bjinsider.com/questions_glossary.shtml.

Did you know we have all past newsletter issues available in our archives, with online search?

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    E-mail subscribers can also read each month's issue online at our web site: BJI Issue #138, July 2011.

    BJI Newsletter, July 2011, #138
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    INTERVIEW WITH DON JOHNSON by Mark Gruetze

    "Before Don Johnson sat down to play blackjack at $100,000 a hand, he figured he - not the house - had the advantage in the game. Apparently, he was right..."

    Read Gruetze's complete article.

    A REBATE ON LOSSES GIVES PLAYERS AN EDGE ... UP TO A POINT by Alan Krigman

    "The promise of 20-percent rebate on losses undoubtedly moderated his (Johnson's) setbacks on the losing forays. However, this type of deal has broader implications..."

    Read Krigman's complete article.

    THE INCREDIBLE LOSS DISCOUNT: BEATING THE CASINOS AT THEIR OWN GAME Dan Pronovost

    "However, the amazing thing is... you can beat the casino in a game where they have an edge, simply by taking advantage of their loss-discount offer! This article explores this concept more closely; explaining it both in layman and in detailed technical terms, why this is true, and how to take advantage of it..."

    Read Pronovost's complete article.

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    ATLANTIC CITY BLACKJACK REPORT by Frank Scoblete and Alene Paone

    "The key variable in Johnson's play had to do with a deal he made with the Tropicana; namely, they would give him back 20 percent of his losses. Now let's take a really simple, simple look at how this win could accomplished..."

    Read Scoblete's complete article.

    LAS VEGAS BLACKJACK REPORT: LV DOWNTOWN CASINOS-PART 1 by Stu D. Hoss

    "It was a warm Friday night in June as I tossed my suitcase into my vehicle and climbed in to begin my descent upon downtown Las Vegas. I'd be spending the weekend on a three-night comp at one of the hotels overlooking Fremont Street. My goal was to check on the blackjack playing conditions for all the casinos located downtown..."

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    LAUGHLIN BLACKJACK REPORT by KC Brooks

    "South of Las Vegas where Nevada, California, and Arizona collide lays an oasis, bordered by rugged desert, and the mighty Colorado River. Roughly, an hour and a half drive from Vegas, you'll find eleven casinos in the city of Laughlin, NV..."

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    MISSISSIPI GULF COAST AND TUNICA TRIP REPORT by Riverboat Flyer

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    THE FIX IS IN by Vinny DeCarlo

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    THE FISH WHO COULD PLAY BLACKJACK by Basil Nestor

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    Read Nestor's complete article.

    TOURNAMENT TRAIL: IT'S NOT ALL ABOUT THE MATH by Kenneth Smith

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    Read Grochowski's complete article.

    PROGRESSIVE VIDEO POKER-PART 9: BREAK POINTS MADE PAINLESS by Frank Kneeland

    "I was sitting at a progressive machine once and had the amusing pleasure of watching a player pull out a stack of twenty strategies that she had printed for a single game. She had generated a different strategy for each $100 of meter progression between $10,000 and the $12,000 that she expected might occur during her play..."

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    BLACKJACK TOURNAMENT SCHEDULE by blackjacktournaments.com

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