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ATLANTIC CITY - He took Caesars for more than $4 million, burned. They also agreed to discount 20 percent of his blackjack losses as an. His winning exploits at the blackjack tables have recently made the casinos wary.

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How'd he do it?
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Today he's a professional gambler of sorts: chief executive officer of Heritage Development LLC, which develops computer-assisted wagering click the following article for horseracing.
His prowess in blackjack, he here, has gotten him banned from some casinos.
Johnson insists that he's no cheater: that all his Atlantic City winnings came to him fair and square.
Though he refuses to divulge the system he uses, it depends in part on his having a big enough bankroll to sustain losses and keep right on going.
You also have to understand the math.
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Not only do you change the amount of your bets, you change your playing strategy: When you know it's to your advantage, you hit a hand you'd otherwise have decided to stand on.
The size of the edge depends on the variation of the game that's being played, but it can get down to less than 1 percent.
Card counting can turn the edge against the casino, which is why management bans card counters when they're caught.
It's a constant cat-and-mouse game.
They look for certain clues that tell them here's a player exhibiting counting-like behavior, somebody who needs closer scrutiny--players exhibiting a large variation in bet size, for instance.
Henry Cheap blackjack tables ac, author of "Blackjack: Take the Money and Run" and editor of, doesn't rule out cheap blackjack tables ac possibility Johnson's winnings could have been the result of "sheer luck.
All you'd have to do it bet at high levels and use basic strategy.
Tamburin suspects there must be more to the story: "To me, it's all a little strange.
Something's not right here.


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