Exploiting Loss Rebates on Single Zero Roulette
Casinos use loss rebates as an incentive to draw high-limit play. The player who wins gets to keep 100% of his winnings. The losing player is given back a certain percentage of his losses as a direct cash rebate. Typical rebates range from 5% up to 20%, depending on the player’s bankroll and average bet.
Fact-Checking an Article on Donald Johnson in CHANCE Magazine
This post concerns significant errors in the article “Examining a Gambler’s Claims: Probabilistic Fact-Checking and Don Johnson’s Extraordinary Blackjack Winning Streak,” written by W.J. Hurley, Jack Brimberg and Richard Kohar [HBK].
The Mathematics of Baccarat Non-Negotiable Chip Programs
Baccarat is an interesting casino game, yet it’s still relatively unknown within the U.S. However, the game attracts high rollers and one sure way of keeping the big money playing at the tables is through Non-negotiable chip programs.
Revel Casino Loss Rebate Promotion Update
As you may recall, Revel Casino had a 100% loss rebate promotion throughout the month of July. I wrote about beating it in this blog post. The question if this promotion was a good idea is still open.
The Second Loss Rebate Theorem
Loss rebate analysis has been a common topic in this blog. There's a good reason: it is one of the top advantage play opportunities worldwide. Exploiting loss rebates is how Don Johnson crushed Atlantic City.
The Challenges of Match Play
Match play has been around for years as a staple of marketing used to attract table game play. Nevertheless, there are still a number of misunderstandings and misconceptions about its value, its use, and its vulnerabilities. In light of the explosion of free play for slots, there is pressure to issue more match play to keep up.
Don Johnson #2: How He Beat Blackjack
When I heard Don Johnson (DJ) speak at the World Game Protection Conference last Tuesday, I expected him to dismiss his blackjack winnings as the result of a little bit of advantage play and a lot of luck. That’s how he portrayed events in this article in Atlantic Magazine.
Card Counting Analysis, 101
“The fourth way differs in that it is not a permanent way. It has no specific forms or institutions and comes and goes controlled by some particular laws of its own." – G.I. Gurdjieff
Don Johnson: How He Did It
The "Holy Rollers" were a Church-based blackjack card counting team operating out of the Pacific Northwest. Recently, a documentary was released describing their remarkable success.
Modified Baccarat: United States Patent 05362064
U.S. patents expire 20 years from the date of filing. At G2E (2013), I learned about the expiration of the following patent on September 8, 2013: Patent 05362064