South Bend, Indiana (PressExposure) January 20, 2012 -- Blackjack authority Ace Ten has made a list of the most earning blackjack players of 2011 and the man on top of the list was Don Johnson. Johnson won a huge amount of money, over $15.1 million, from three different Atlantic City casinos last summer.
The world's leading black site added that Johnson won an extra $2 million last month, when he decided to pay one of the three casinos, Tropicana Casino, another visit. He showed once again that he was not just an amateur that got lucky. He put his grand total at $171 million and he put the casino in misery again.
Johnson said in a reaction that his goal was to bring down all Atlantic Casinos and show people that the Atlantic City Assassin was no man to mess with. He said he was certain he'd be back sometime soon, so he recommended everyone to keep an eye on blackjack news. Johnson appeared to be very confident, but that's quite normal when you with over $17 million in a year playing blackjack.
Johnson's winning adventure started in December 2010, when he beat Tropicana Casino, Borgata Casino and Tropicana Casino for a grand total of $15.1 million. Including the $2 million he won in October 2011 the grand total is $17.1 million.
Meanwhile, Jonson's success has made people start a discussion on whether high stakes blackjack is actually a good thing for casinos. Since all Atlantic Casinos offer high stakes blackjack, their short term risk of losing money is higher than that of normal casinos. All casinos make use of a long term strategy, i.e. the house odds are better but not that much better. If you play a few games, you might win them all. If you play thousands of games it's highly unlikely you will win more than the casino. In high stakes games, this is a bit more dangerous though.
Because the volume of games is lower, it's harder for casinos to get to play a very high number of hands and thus they can't make sure they win. Many people believe the casinos are taking a huge risk, so players like Johnson have a good chance to win money if they hit a lucky streak.
Blackjack experts at Ace Ten think it's not a problem though; the casinos should have enough reserves to cover the losses. And if they do, it's just a matter of time. In the long run enough games will be played and statistics should be on their side, unless someone has truly managed to beat the system.