Biggest Blackjack Winning Streak

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  2. This strategy follows the belief that winning occurs in streaks. The number sequence represents the betting pattern after winning a blackjack hand, for instance, $10, $30, $20, $60. If your first bet was $20, then your subsequent bets should be $20, $60, $40, $120.
  3. Streaks are common in blackjack—in fact, they're common in all gambling games. If you play long enough, you'll have winning streaks and losing streaks. Your best bet is to stick with basic strategy, regardless of your short term results. When a streak does occur, there is no way to tell how long it.

Whether you are playing blackjack for $10 per hand or firing it up and risking $10,000, the feeling of being on a heater at the 21 table ranks among the greatest in gambling. The hits just keep coming and you can do no wrong. Splitting 8s against a 10? This mathematically correct play, which is invariably fraught with danger, just keeps going your way. Double down with a thin margin – say your 11 against the dealer’s King? You manage to snake through with a victory as if it is ordained to happen. The chips pile up and you break for daylight – enjoying the positive outcomes for as long as they can possibly last.

Blackjack Neo trailed by six lengths in his heat before overpowering a front-running Barooga Brett to win in 34.55sec. “Blackjack Neo has won his past three, all in the city, so he’s in form, and he just needs a clear run going into the first turn tonight,” Neocleous said.

Here are five players who each hit a run (or two), bet big and headed home with pockets bulging.

PUTTING A CASINO IN THE RED

Hear the name Don Johnson and you either think of a pretty good actor or a bank-busting gambler with a stomach of steel. Right now we are talking about the latter Don. He had made a lot of money at horse racing and found out about alluring deals being offered to whales in Atlantic City. They were centered on games that featured favorable rules, large discounts (these are rebates on losses paid to big-money gamblers) and high stakes.

Being the kind of guy who takes a shot only when he has a legal edge,Johnson put together a crew of talented advantage players who could assist himwith things like card counting, hole carding and shuffle tracking. They gangedup on the tables and helped turn Johnson into a legend, transforming from DonJohnson to Don Fucking Johnson, as he likes to be called. “Beating Caesars [inAtlantic City] out of $4.23 million in 12- or 13-hours kicked things off,”Johnson tells me. “I ran really lucky, controlled the pace of the game and hadgreat circumstances.”

Soonafter, at the Tropicana, he won some $6 million and impacted the casino’sbottom line for that quarter. How do youcelebrate such a score? Johnson says that you don’t: “I go to my room and go tosleep. I’m usually tired.”

MAKING THE PALMS TAP OUT

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Dana White may be best known as the president of Ultimate Fighting Championship (the mixed martial arts league commonly called UFC), but, among pit-bosses and casino managers, he is regarded as a fearsome blackjack player with knock-out skills. So much so that that Palms in Las Vegas wants absolutely nothing to do with him at the tables. He won $2 million from the casino and was asked to stop playing there. Then, somehow, the welcome mat was rolled out for him again. Finally, though, after taking down another $2 million, he’s been backed off for a second time.

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Acknowledging that this sort of heave-ho is the kind of thing usually unleashedon seasoned advantage players, White insists that looks are deceiving. “A lotof people are going to think I am a card counter…,” he told Las Vegas ReviewJournal. “I’m the farthest thing from acard counter.”

SOMETIMES IT PAYS TO NOT KNOW WHAT YOU ARE DOING

Michael Geismer is president of Quantitative Investment Management, a finance firm that uses complex algorithms in order to profitably manage billions of dollars for its well-heeled clients. While in Las Vegas for a business conference, he decided to try his luck at blackjack.

Geismer took out a marker for $10,000 and began to bet. Following therules of a basic-strategy card – sold in casino gift shops, they providecorrect plays for every blackjack situation; most amateurs cannot bear tofollow them – he ran his 10 grand up to $460,000 by night’s end. A few morefortuitous sessions got him up to $710,000 in winnings – and that’s afterleaving tens of thousands of dollars in tips. “I was definitely planning onplaying.” Geismer told the Wall Street Journal. “I certainly was not planningon winning anything near that much.”

STAR-STUDDED STREAK

Casinos usually court and coddle celebrities who happen to be high rollers. Stars tend to lose money, often bring free publicity and attract the non-famous. Such is not the case for Ben Affleck at the Hard Rock Casino in Las Vegas. He was asked to stop playing blackjack there. The request surely has everything to do with a winning streak that reportedly brought him $140,000 in one session and, one year later, another $800,000.

Surveillanceallegedly caught the actor card counting and was unimpressed that, followinghis first big win, he gave away most of his winnings by heavily tippingeveryone from the dealers to the doormen. A bit disgruntled by the coldshoulder, Affleck told Details magazine, “Once I became decent, the casinoasked me not to play blackjack. The fact that being good at the game is againstthe rules at the casinos should tell you something about casinos.”

THE BILLIONAIRE WHO LOVED TO PLAY (AND DIDN’T CARE WHAT ANYONE ELSE THOUGHT ABOUT IT)

The Australian media mogul Kerry Packer was know for making sky-high wagers at the blackjack tables – and recognizing when to quit. Casino bosses disparaged him as a hit-and-run player. But that did not seem to faze the late Packer, who passed away in 2005 and kept right on doing it until the end. In the process, he played as many as six hands simultaneously and wagered as much as $250,000 per hand.

His jaw-dropping wins were rivaled only by his extreme generosity. Word has it that he once managed to relievethe MGM Grand of some $20 million. Happy to share the wealth, Packer – who wassupposedly worth in the neighborhood of $6.5 billion – reportedly gave outaround $7 million in tips that night and slipped a cocktail waitress $85,000,which she promptly spent on a house.

Onanother occasion, the high-rolling Aussie – nicknamed the Goanna, which is ajumbo-sized lizard from his homeland – managed to win 20 hands in a row withbets as high as $250,000 each. While an unnamed casino source once told methat, during the last 15 years of his life (from 1991 until 2006), Packer haddropped in excess of $20 million on the Vegas Strip, it did not make bossescomfortable with taking giant action from a man who accepted losses – includinga $16.5 million hit at Crockfords in London – better than the casinos did.“Everyone finally said, ‘To hell with this guy,’” casino host Steve Cyr tellsme. “They decided to keep him at 25 grand per bet.”

Vegas executives were not the only ones who had trouble stomaching the mogul’s high rolling ways. An Australian politician criticized Packer for his unbridled gambling. Unimpressed, Packer fired back, “This is my money. I am entitled to spend it in any way.”

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ABOUT MICHAEL KAPLAN

With four books (and more on the way) plus hundreds articles, Michael Kaplan is one of the most experienced writer in gambling related subjects.

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He have covered big stories including famous gamblers such as Phil Ivey and Phil Hellmuth for publications including Wired, Playboy, Cigar Aficionado, New York Post and New York Times. Based in New York, where he regularly writes for the Post.

Read more about Michael Kaplan on his author profile.