🖐 Don Johnson (gambler) - Wikipedia

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Don Johnson, playing single blackjack hands of up to $,, reportedly walked away from Atlantic City's tables with a cool $15 million.


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Blackjack player Don Johnson revealed in a magazine interview how he won $15 million from three Atlantic City's casinos in about five months.


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Blackjack player Don Johnson revealed in a magazine interview how he won $15 million from three Atlantic City's casinos in about five months.


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Don Johnson (born ) is a professional gambler, blackjack player, and former corporate executive, who beat Atlantic City casinos for over $15 million during.


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ATLANTIC CITY — The man who beat several of the resort's casinos for about $15 million at their blackjack tables returned to town Friday, but.


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Don Johnson (born ) is a professional gambler, blackjack player, and former corporate executive, who beat Atlantic City casinos for over $15 million during.


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Blackjack player who took Atlantic City casinos for $15 million says rules put the math on his side. By MARK GRUETZE, Blackjack Insider; Jul


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The Strategy Of Don Johnson – A Legend Who Won Over $15 Million On The unfavorable environment in the gambling sector of Atlantic city.


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The Strategy Of Don Johnson – A Legend Who Won Over $15 Million On The unfavorable environment in the gambling sector of Atlantic city.


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Don Johnson, playing single blackjack hands of up to $,, reportedly walked away from Atlantic City's tables with a cool $15 million.


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One comment on this page: This man is a genius and a living legend! Why Blackjack? The tactic that most sophisticated gamblers and high rollers do. He developed his own system that allowed him to beat the house in its own game. Baccarat — Comes with the house edge of 1. After taking down Atlantic City casinos , he has become a local legend and an inspiration for many gamblers. Johnson used his experience and keen intellect to serve as a state regulator in Texas, Oregon, and Wyoming , before making enough capital to found the company that develops custom-made software which defines risks and odds on horse wagering. Got It! Leave a Reply Cancel reply Your email address will not be published. In his opinion, playing casino games in Atlantic city was like throwing money away, as the rules of the game are set to give the house a significant advantage. Booming Games Teams up with Twin July 7, {/INSERTKEYS}{/PARAGRAPH} Related News. {PARAGRAPH}{INSERTKEYS}Every casino enthusiast knows the name, Don Johnson — the Atlantic City legend that won millions of dollars playing blackjack. It is the largest sum ever won in consecutive wins in blackjack , which put Johnson into the casino history books. Aside from his skills and intimate gambling industry knowledge, Johnson is also an avid horse racing bettor and has been involved in equestrian performance sports for years. When it comes to this, no other game can stand toe-to-toe with It is clearly shown by comparing the odds of other games. For instance, Johnson had a lifetime discount at Borgata casino. When it comes to blackjack , this means: Sticking to the strategy Playing the perfect game Looking for the best odds Aside from his skills and intimate gambling industry knowledge, Johnson is also an avid horse racing bettor and has been involved in equestrian performance sports for years. It all comes down to math and negotiating better terms with casinos. Yet, Johnson pulled it off. By using his rather large bankroll as a hook , Johnson continued playing blackjack via similar negotiation deals at Borgata and Caesars venues. His goal was to change the odds. During play, Johnson was closely monitored by video cameras to see if he was using card counting strategies or cheating in any way. The Simplicity of His Strategy After taking down Atlantic City casinos , he has become a local legend and an inspiration for many gamblers. It is exactly the reason why he negotiated the rules so wisely before taking a seat at the tables. Accepting a greater risk for the possibility of a larger return was the game plan for casinos at the time. Hence, the player needs to find a way to improve the odds in order to start to win. Over the next 12 hours, he managed to work the odds in his favor, rolling with the punches and cashing in on the big wins. However, with the proper strategy executed to perfection, the house edge is close to zero. Surely, it might not work with average players, but casino management is usually very keen to negotiate a deal with players with a large enough bankroll. Desperate might be the better word since casino marketers were offering deals that no one in the New Jersey gambling industry had ever seen before. Johnson himself explained that there is no point in risking your cash and playing a casino game where the odds are never going to be in your favor. Players with a taste for huge wins and high risks were eager to find out its secret. Johnson opted for blackjack because of the house edge and the idea that knowledge, intelligence, and discipline are needed when relying on skills and math to beat the house. As the industry insider and a professional blackjack player, Johnson was utterly aware. At the time Johnson began his winning streak, AC casinos were seeing a significant drop in revenue and were keen to attract high rollers. The unfavorable environment in the gambling sector of Atlantic city after the financial crisis of , made casinos desperate for customers, so they offered very beneficial deals for layers. It turned out that he was winning fair and square , simply by using the basic blackjack strategy to ensure that every hand was played according to its merits. When he realized such rules were skewed against him, he took a break on visiting until the most convenient chance opened up — which it did, since the gambling sector was struck hard by the economic crises in Looking to solicit Johnson with more enticing inducements to return to Borgata, the casino executive offered him a historic deal by changing a lifetime discount into a trip-to-trip basis just to make it more appealing. Johnson knew exactly how to take advantage of such a climate. While everybody thought he was counting cards or executing some kind of elaborate scam, the truth is actually much more interesting than that. Perfect Timing At the time Johnson began his winning streak, AC casinos were seeing a significant drop in revenue and were keen to attract high rollers. Caribbean Stud Poker — Is at 5. If Johnson was into making a lot of money, he could have used such background, and his obviously excellent negotiating skills to monetize on it. Craps — Even the closest companion of blackjack, lags with 1. It is why he will remain as the legend who only by his own wisdom has conquered the toughest opponent — the house itself.