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Card mechanics used slight of hand to deal from the bottom of the deck. Players came up with contraptions to hide an extra Ace up their sleeve.
Phil Ivey or Tom Dwan may be used to that kind of run, but this guy was no poker pro. He sat down to a high stakes game at the Crown casino in Melbourne, Australia with a significant leg up on his competition.
The amazing thing is that after authorities found him out, the man was allowed to leave the casino and the country with the money.
Zhenil Ye Gon looks like he came straight out of central casting for the bad guy in a Bond film. No, not to cart you in style to the casino for the night; but for keepsies!
Evidently he sold a crap load of chemicals—used to make meth—on the black market. Walt White would be proud. Transportation giant FedEx employs , people around the globe.
If not for a good run at the Blackjack table, all of this might never have been. It was looking like they might need to liquidate, pay their employees and move on with life.
The rest is history. Floyd Mayweather betting 4. Englishman Ashley Revell did just that. He emptied his savings account, sold every single earthly possession other than the clothes on his back, went to Las Vegas and bet it all on red.
The gambling prowess of poker phenom Phil Ivey is fairly well known. ESPN even did a story on it. He plays poker at the highest stakes but also throws around big bucks when the house has an edge.
While craps is usually his non-poker game of choice, he is just as comfortable at the Baccarat table. Many times in Asian casinos, superstitious Baccarat players ask the dealer to deal the cards in the manner Ivey and his companion requested.
This exchange happened in Cantonese so the other English-speaking employees had no knowledge of the request. The fight is ongoing, as Ivey has countersued the casino for not paying out his winnings.
Maybe there is more to it but if the casino puts out equipment that is faulty and loses because of that equipment, it must stomach the consequences.
Perhaps the World Baccarat Association if it actually exits needs to hold a summit to re-evaluate the implementation of the game because this seems to be where casinos are making their big errors.
The casino was using what they thought were pre-shuffled cards. The players noticed the cards were not pre-shuffled and kept coming out in the same pattern.
Surprise, surprise — if one knows what cards are coming, it is pretty easy to make money. The casino is suing the card manufacturer and the players to get its money back.
Again, the casino made the mistake and needs to pay for it. In , engineer Joseph Jagger thought he could use his engineering know-how and mathematical aptitude to beat the Monte Carlo Beaux-Arts casino in Roulette.
He knew that all man made inventions were imperfect. Figuring that too applied to Roulette wheels, he set out to find a wheel that had a bias.
If the ball landed in one area of the wheel more often than it should, from a probability perspective he could gain a huge edge on the house.
He hired six helpers to meticulously record every outcome at each Roulette table and discovered that one of them had a bias. He never gambled another dollar and went on to be a real estate mogul.
Sucking down free brews while tossing dice or playing cards adds to the gambling ritual. Many think casinos offer it to enable drunken players to make bad decisions.
That actually is not the case. The casinos are trying to attract bodies to the casino and keep them there.
Free booze can make a Saturday night a lot of fun. Remember, the casino does not need bad decisions to make money — the casino always has an edge.
Nevada is the seventh largest of the 50 states, but is one of the most sparsely populated. Carson City, in the western part of the state, is the capital.
One of the original 13 colonies, New Jersey was an important battleground during the American Revolution. Located in the heart of the bustling Atlantic corridor and nestled between New York and Pennsylvania, New Jersey has the highest population density of any U.
Florida, which joined the union as the 27th state in , is nicknamed the Sunshine State and known for its balmy climate and natural beauty.
Originally a Spanish later Mexican mission and pueblo, it was conquered But Wall Street is far more than a location—it has been adopted as a term to describe all U.
It has been portrayed Founded by the French, ruled for 40 years by the Spanish and bought by the United States Philadelphia, a city in Pennsylvania whose name means City of Brotherly Love, was originally settled by Native American tribes, particularly the Lenape hunter gatherers, around B.
By the early s, Dutch, English and Swedish merchants had established trading posts in the Settled by the English in , South Carolina became the eighth state to ratify the U.
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Nevada Nevada is the seventh largest of the 50 states, but is one of the most sparsely populated. New Jersey One of the original 13 colonies, New Jersey was an important battleground during the American Revolution.
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