Some wear disguises when they play. But even though he has been around the gambling industry for all of his 49 years, Johnson snuck up on Atlantic City.

To look at him, over six feet tall and thickly built, you would never guess that he was once a jockey. In his best years as a professional jockey, he was practically skeletal.

He stood 6 foot 1 and weighed only pounds. He worked with a physician to keep weight off, fighting his natural growth rate with thyroid medication that amped up his metabolism and subsisting on vitamin supplements.

The regimen was so demanding that he eventually had to give it up. His body quickly assumed more normal proportions, and he went to work helping manage racetracks, a career that brought him to Philadelphia when he was about He was hired to manage Philadelphia Park, the track that evolved into the Parx casino, in Bensalem, where he lives today.

Johnson was in charge of day-to-day operations, including the betting operation. He started to learn a lot about gambling.

It was a growth industry. bettors in He has served as a state regulator in Oregon, Idaho, Texas, and Wyoming. About a decade ago, he founded a business that does computer-assisted wagering on horses. The software his company employs analyzes more data than an ordinary handicapper will see in a thousand lifetimes, and defines risk to a degree that was impossible just five years ago.

Compared with horse racing, the odds in blackjack are fairly straightforward to calculate. Many casinos sell laminated charts in their guest shops that reveal the optimal strategy for any situation the game presents. More useful, for his purposes, is running a smaller number of hands and paying attention to variation.

The way averages work, the larger the sample, the narrower the range of variation. A session of, say, hands will display wider swings, with steeper winning and losing streaks, than the standard casino charts.

He does not just walk into a casino and start playing, which is what roughly 99 percent of customers do. But the vast majority of players lose, and the longer they play, the more they lose.

They negotiate. Because the casino values high rollers more than the average customer, it is willing to lessen its edge for them. Beyond the usual high-roller perks, the casino might also sweeten the deal by staking the player a significant amount up front, offering thousands of dollars in free chips, just to get the ball rolling.

The player still loses. But two years ago, Johnson says, the casinos started getting desperate. With their table-game revenues tanking and the number of whales diminishing, casino marketers began to compete more aggressively for the big spenders.

By late , the discounts at some of the strapped Atlantic City casinos began creeping upward, as high as 20 percent. When casinos started getting desperate, Johnson was perfectly poised to take advantage of them. He had the money to wager big, he had the skill to win, and he did not have enough of a reputation for the casinos to be wary of him.

For Johnson, the game began before he ever set foot in the casino. A tlantic City did know who Johnson was. But he was not considered good enough to discourage or avoid. In fact, in late , he says, they called him. Johnson had not played a game at the Borgata in more than a year.

He had been trying to figure out its blackjack game for years but had never been able to win big. The way any discount works, you have to lose a certain amount to capitalize on it.

When this happened to Johnson, he knew the ground rules had skewed against him. So it was no longer worth his while to play there. He explained this when the Borgata tried to entice him back. The casinos use computer models that calculate the odds down to the last penny so they can craft terms to entice high rollers without forfeiting the house advantage.

And then from that, we can make a determination of what is the appropriate [discount] we can make for the person, based on their skill level. Johnson did not miss the math. Johnson could calculate exactly how much of an advantage he would gain with each small adjustment in the rules of play.

When Johnson and the Trop finally agreed, he had whittled the house edge down to one-fourth of 1 percent, by his figuring. In effect, he was playing a game against the house, and with the discount, he was risking only 80 cents of every dollar he played. So when Johnson got far enough ahead in his winning sprees, he reasoned that he might as well keep playing.

So Caesars, too, pulled the plug. When Johnson insisted that he wanted to keep playing, he says, the pit boss pointed out of the high-roller pit to the general betting floor, where the game was governed by normal house rules.

Johnson went upstairs and fell asleep. These winning streaks have made Johnson one of the best-known gamblers in the world. He was shocked when his story made the front page of The Press of Atlantic City. Donald Wittkowski, a reporter at the newspaper, landed the story when the casinos filed their monthly revenue reports.

But because he is so far in front of us, we have modified his discounts. He is enjoying his fame in gambling circles, and has gotten used to flying around the world on comped jets. Everybody wants to play against the most famous blackjack player in the world.

But from now on, the casinos will make sure the odds remain comfortably stacked against him. Skip to content Site Navigation The Atlantic. Popular Latest Newsletters. Sections Politics Ideas Fiction Technology Science Photo Business Culture Planet Global Books Podcasts Health Education Projects Features Family Events Washington Week Progress Newsletters.

Explore The Atlantic Archive Play The Atlantic crossword. The Print Edition Latest Issue Past Issues. Search The Atlantic. Quick Links. Sign In Subscribe. April Issue. How Ben Bernanke saved the economy, Rahm Emanuel's big plans, the triumph of HBO's Game of Thrones , Philip Roth's not-quite-autobiographical fiction, and more View Magazine.

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But two years ago, Johnson says, the casinos started getting desperate. With their table-game revenues tanking and the number of whales diminishing, casino marketers began to compete more aggressively for the big spenders.

By late , the discounts at some of the strapped Atlantic City casinos began creeping upward, as high as 20 percent. When casinos started getting desperate, Johnson was perfectly poised to take advantage of them. He had the money to wager big, he had the skill to win, and he did not have enough of a reputation for the casinos to be wary of him.

For Johnson, the game began before he ever set foot in the casino. A tlantic City did know who Johnson was. But he was not considered good enough to discourage or avoid. In fact, in late , he says, they called him.

Johnson had not played a game at the Borgata in more than a year. He had been trying to figure out its blackjack game for years but had never been able to win big. The way any discount works, you have to lose a certain amount to capitalize on it.

When this happened to Johnson, he knew the ground rules had skewed against him. So it was no longer worth his while to play there. He explained this when the Borgata tried to entice him back. The casinos use computer models that calculate the odds down to the last penny so they can craft terms to entice high rollers without forfeiting the house advantage.

And then from that, we can make a determination of what is the appropriate [discount] we can make for the person, based on their skill level. Johnson did not miss the math. Johnson could calculate exactly how much of an advantage he would gain with each small adjustment in the rules of play.

When Johnson and the Trop finally agreed, he had whittled the house edge down to one-fourth of 1 percent, by his figuring. In effect, he was playing a game against the house, and with the discount, he was risking only 80 cents of every dollar he played.

So when Johnson got far enough ahead in his winning sprees, he reasoned that he might as well keep playing. So Caesars, too, pulled the plug. When Johnson insisted that he wanted to keep playing, he says, the pit boss pointed out of the high-roller pit to the general betting floor, where the game was governed by normal house rules.

Johnson went upstairs and fell asleep. These winning streaks have made Johnson one of the best-known gamblers in the world.

He was shocked when his story made the front page of The Press of Atlantic City. Donald Wittkowski, a reporter at the newspaper, landed the story when the casinos filed their monthly revenue reports.

But because he is so far in front of us, we have modified his discounts. He is enjoying his fame in gambling circles, and has gotten used to flying around the world on comped jets.

Everybody wants to play against the most famous blackjack player in the world. But from now on, the casinos will make sure the odds remain comfortably stacked against him. Skip to content Site Navigation The Atlantic. Popular Latest Newsletters. Sections Politics Ideas Fiction Technology Science Photo Business Culture Planet Global Books Podcasts Health Education Projects Features Family Events Washington Week Progress Newsletters.

Explore The Atlantic Archive Play The Atlantic crossword. The Print Edition Latest Issue Past Issues. Search The Atlantic. Quick Links. Sign In Subscribe. April Issue. How Ben Bernanke saved the economy, Rahm Emanuel's big plans, the triumph of HBO's Game of Thrones , Philip Roth's not-quite-autobiographical fiction, and more View Magazine.

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Phone ahead if you want specific time for first round, but walkups were taken. Play begins on Friday at 6 pm. Round two is 10 am Saturday with the championship round at pm. Rounds are 25 hands. There are actually three rounds plus final table.

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Best not to play very first time in first round. Pick a later round. Tables would be less full in later rounds and dealers are inexperienced in dealing tournaments, but by later times they were making less mistakes.

No counts during play. No time limit given, but dealer and players are not used to betting in order, so often the dealer would just say "place your bets" and everyone would tend to push bets out immediately.

The rules state that you have to keep your chips visible, but it didn't stipulate stacking separately by denomination. TOTAL POOL WILL DEPEND ON NUMBER OF ENTRIES. Your username or email address: Do you already have an account?