The Player Secret Of A Vegas Whale
The Player Secrets Of A Vegas Whale Netflix
Las Vegas Whales
The Player Secrets Of A Vegas Whale

The Player: Secrets of a Las Vegas Whale (2014) - Find out how one blackjack player found a whole new way to beat the system. The Player: Secrets of a Las Vegas Whale (2014) - Find out how one blackjack player found a whole new way to beat the system.

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The Player: Secrets of a Vegas Whale Be the first to review this item 5.6 46min 2014 7+ Trish Regan takes you inside the secret world of a Las Vegas high roller who wins millions at the casinos - and reveals how the gambling industry may be more beatable than you think. In this interview we talk with a Casino Host who works in one of the main casino on the Las Vegas strip about her job & her relationship with patrons.

HotBlonde

Has anybody seen this? It's about Don Johnson, who's been mentioned here in the forum before. He gives his 'secrets' for how he turns the house edge upside down without counting cards. Pretty simple stuff but I didn't understand the 20% discount part. Plus he said they give him $50,000 in free money to gamble with up front? I want to watch it again.

OFFICIALLY and justifiably reclaimed my title as SuperHotBlonde!

Venthus

Pretty simple stuff but I didn't understand the 20% discount part.

He negotiated a loss rebate.
Hardly an authoritative site, but it has a handy excerpt: http://boingboing.net/2012/03/30/how-a-high-roller-took-million.html
(Edit: Slightly more specific question-- at least in terms of BJ, how would a loss rebate affect the edge? A straight reduction of the edge by the percentage of the rebate doesn't seem right.)

AxelWolf

. Pretty simple stuff but I didn't understand the 20% discount part.

The Player Secret Of A Vegas Whale

It seems like simple stuff because if you don't understand that part then you really don't understand at all. All the other stuff is mostly meaningless. The 20% is really the only key to everything he was able to do.

♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

HotBlonde

The Player Secrets Of A Vegas Whale Netflix

How was he able to negotiate that? Can anybody do that? It's funny cause in the video he says his 'secrets' and all they are are typical liberal double deck rules.

OFFICIALLY and justifiably reclaimed my title as SuperHotBlonde!

AxelWolf

Establish yourself as a sucker and have a nice line of credit. Its harder to get any deals like this nowadays but it is possible.

AxiomOfChoice

There was a long thread about this. Eliot wrote a good paper about it -- I think it's available on his site somewhere. It assumes normal distribution or results but that is probably close enough for blackjack. It also assumes that you can play arbitrarily long (DJs discounts were daily, so he had a limited amount of time in which he had to quit) so Eliot's numbers are probably a slight over-estimate, but that's not going to make a huge difference.
In short, it's a non-trivial problem to solve.

AxiomOfChoice

Establish yourself as a sucker and have a nice line of credit. Its harder to get any deals like this nowadays but it is possible.

The player secrets of a vegas whale netflix

You don't really need to establish yourself as a sucker. Loss rebates are pretty typical. They are downright easy to get on machines (though not 20%; that is ridiculous)
I think front money is generally preferred to credit.

AxelWolf

I was talking about someone trying to AP, I assumed we were talking 20%. Whales often have lines of credit. If you can get a line of credit and negotiate the same deal your better off whit the line of credit. This way, if the casino tries to renege or pull any stunts you have the upper hand.

HughJass

Las Vegas Whales

There's a casino that refused to pay me over $13,000 that they owed me because the casino's owner reneged on an agreement which we had. Don't make a verbal agreement with any casino representative unless it's witnessed.

AxelWolf

that's why phones have a video recorder.and a line of ctedit could come into play.

♪♪Now you swear and kick and beg us That you're not a gamblin' man