It takes a special type of person
October 5th, 2010 by CarlWhat does it take to become a card counter? Or to put that another way, what does it take to win considerable amounts of money from a casino without it being down to luck? Well I think that it takes a special type of person and one that is different than most other people. Like Billy Walters for example who won $2 million from a casino in Atlantic City in 1986. It wasn’t the amount that he won that was the issue but how he did it. To find a biased wheel and then exploit that wheel takes an awful amount of determination.
You must really want to beat the casinos badly in a certain way and this is what I mean by special type of person. There are numerous people down the years who have done similar things but in my mind this really separates them from other successful gamblers in other fields. In poker it is really accepted that a good player will make money and there are many people who do so in the modern online game.
In blackjack in years gone by then there were people that made money from that game but even that game wasn’t difficult when compared to games like roulette or even sports betting for that matter. Roulette is a game where the player is supposed to not be ever able to get an edge due to the in built house edge that can never change. This is true to a certain extent but biased wheels change the equation considerably. Let us say that for instance long run analysis showed that a certain number was arriving once every 33 spins instead of once every 37 spins.
This creates actual odds of 32-1 for this event happening but yet you are being paid 35-1 when it does. So if you bet $10 per spin and saw 33 spins an hour then you would make a good hourly rate exploiting this wheel. You would lose $320 on average on the 32 losing spins but win $350 for the winning spin thus making $30/hour.







