Blackjack Player Who Won $15 Million From 3 Casinos Reveals How

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Henry Tamburin, author of "Blackjack: Take the Money and Run" and editor of Black Jack Insider Newsletter, said it was "unheard of" but not impossible that he was getting a discount of 20 percent on his losses.

"A 20 percent discount?" Tamburin asked, "but if that's true, and you're only losing only $8 out of every $10 you bet, you've already got an edge if you just keep banging away. All you'd have to do it bet at high levels and use basic strategy."

Alan puts it more bluntly: "I can't believe casino management would be so dumb as to lose its edge entirely by increasing the [per hand] limits to $100,000 and by forgiving 20 percent of the player's debt."

But perhaps they were. As the CEO of the Tropicana said in early May, referring to his casino's loss of $6 million to an undisclosed player assumed to be Johnson, "We ran very unlucky."

In fact, it was the first time since the casinos opened in Atlantic City in 1978 that a gambling house lost money at the game of blackjack over a particular month, a spokesman for New Jersey's Casino Control Commission told The Star Ledger: "It's extraordinarily unusual for a casino to lose money at the game of blackjack in a particular month," the spokesman told the paper.

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