Wednesday, October 08, 2014

Will there ever be another Don Johnson Blackjack "Cheating" Incident in the history of casinos?

Johnson with a few extra benefits
Afraid not. 

First of all, Don Johnson, a longtime professional gambler did not actually cheat Atlantic City casinos out of $15 million back in 2008 and 2009. What he did is turn the casinos`desperation for business during the downward economic spiral of 2008 and 2009 against them. They offered him extremely foolish rebates on his losses as well as other casino-detrimental incentives. Johnson took full advantage and added a perfect blackjack count-strategy to walk away with $15 million, mostly in Atlantic City. 

I get asked this question a lot, especially after the Bloomberg channel airs their special about Johnson's massacre of Atlantic City`s casinos. For this to happen again, an almost impossible set of circumstances would have to reoccurr. First, we would need another economic disaster, and then some upper-level casino executives even stupider than those who granted Johnson's special rules and privileges. 

The first prerequisite might happen...but the second? Well, there are some idiots working in important positions for American casinos, but I doubt any of those would fall into this type of trap again.

All I can say is, hail to Don Johnson. He will go dwon in history as pulling off the greatest casino "scam" of all time...all with the casino`s own planning!