It's the stuff that gamblers' dreams are made of. In an interview with The AtlanticJohnson described how the casinos gave him a 20 percent discount on his losses and slightly more favorable house rules that let him break the bank.

Perks for high rollers, like free hotel stays and trips on jets, are not new to gambling houses. But two years ago with revenues tanking in an unstable market, casinos became desperate to attract big spenders, to the point that they began calling to invite Johnson, a known player, to play in late with special deals.

Johnson admitted to The Press of Atlantic Citytaking some losses along the way. The year-old resident of Bensalem, Pa. His profession is gambling-related as chief executive officer of Heritage Development LLC, which develops computer-assisted wagering systems for horseracing. His prowess in blackjack, he says, has gotten him banned from some casinos. Johnson said he did not count cards, which is considered cheating and will get you banned from some casinos, but not illegal.

Blackjack players with a trained memory and enough acuity can keep track of which cards have been played and which are still in the deck, thereby maximizing their chances for beating the house. Explains Richard, a former card counter who today works on Wall Street and who asks that his last name not be used"As the composition of the cards in the deck fluctuates, the player's advantage fluctuates.

When he knows he has the advantage, he bets higher. When he knows the advantage has shifted to the house, he bets lower.

Not only do you change the amount of your bets, you change your playing strategy: When you know it's to your advantage, you hit a hand you'd otherwise have decided to stand on. Alan, a professional gambler who asks that his last name not be used, adds, "Even under normal circumstances, the house's edge is small against a knowledgeable player. The size of the edge depends on the variation of the game that's being played, but it can get down to less than 1 percent.

Card counting can turn the edge against the casino, which is why management bans card counters when they're caught. Henry Tamburin, author of "Blackjack: Take the Money and Run" and editor of Black Jack Insider Newslettersaid it was "unheard of" but not impossible that he was getting a discount of 20 percent national australia bank watergardens opening hours his losses.

All you'd have to do it bet at high levels foreign penny stock trading platforms use basic strategy. Alan puts it more bluntly: But perhaps they were. In fact, it was the first time since the casinos opened in Atlantic City in that a gambling house lost money at the game of blackjack over a particular month, a spokesman for New Jersey's Casino Control Commission told The Star Ledger: Sections Sections Top Stories Watch U.

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