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Run The Numbers
United States
เข้าร่วมเมื่อ 17 เม.ย. 2024
Long-form stories about markets, gambling, and risk.
The Greatest Legal Casino Heist in History
Two gamblers find a manufacturing defect in playing cards and win over $20 million dollars beating an "unbeatable" game.
🎵 MUSIC CREDITS 🎵
KARL CASEY / WHITE BAT AUDIO:
Music: ‘Prey’ by Karl Casey @ White Bat Audio”
Music: ‘Serpico’ by Karl Casey @ White Bat Audio”
Music: ‘The Heist’ by Karl Casey @ White Bat Audio”
Music: ‘Core’ by Karl Casey @ White Bat Audio”
Music: ‘Soul Eater’ by Karl Casey @ White Bat Audio”
Music: ‘Mantra’ by Karl Casey @ White Bat Audio”
Music: ‘New Beginnings’ by Karl Casey @ White Bat Audio”
Music: ‘Tenebrae’ by Karl Casey @ White Bat Audio”
Music: ‘Leaving Earth’ by Karl Casey @ White Bat Audio”
Music: ‘The Wraith’ by Karl Casey @ White Bat Audio”
Music: ‘Atlantis’ by Karl Casey @ White Bat Audio”
KEVIN MACLEOD:
"Equatorial Complex", "Loopster", "Mesmerizing Galaxy"
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
creativecommons.org/licenses/by/3.0/
SASCHA ENDE / FILMMUSIC:
Music (CC BY 4.0): Cry by Sascha Ende
Music (CC BY 4.0): Cool Man by Sascha Ende
Music (CC BY 4.0): Airwaves by Sascha Ende
SHANE IVERS:
Music: Underglow by Shane Ivers - www.silvermansound.com
JAZZHAR:
Phone Call by Jahzzar
www.betterwithmusic.com
Promoted by @RoyaltyFreePlanet royaltyfreeplanet.com
Creative Commons Attribution-ShareAlike 3.0
bit.ly/RFP_CCSAlicense
EVA:
The End by EVA
soundcloud.com/home-2001
Promoted by @RoyaltyFreePlanet - royaltyfreeplanet.com
Creative Commons Attribution-ShareAlike 3.0
bit.ly/RFP_CCSAlicense
🎵 MUSIC CREDITS 🎵
KARL CASEY / WHITE BAT AUDIO:
Music: ‘Prey’ by Karl Casey @ White Bat Audio”
Music: ‘Serpico’ by Karl Casey @ White Bat Audio”
Music: ‘The Heist’ by Karl Casey @ White Bat Audio”
Music: ‘Core’ by Karl Casey @ White Bat Audio”
Music: ‘Soul Eater’ by Karl Casey @ White Bat Audio”
Music: ‘Mantra’ by Karl Casey @ White Bat Audio”
Music: ‘New Beginnings’ by Karl Casey @ White Bat Audio”
Music: ‘Tenebrae’ by Karl Casey @ White Bat Audio”
Music: ‘Leaving Earth’ by Karl Casey @ White Bat Audio”
Music: ‘The Wraith’ by Karl Casey @ White Bat Audio”
Music: ‘Atlantis’ by Karl Casey @ White Bat Audio”
KEVIN MACLEOD:
"Equatorial Complex", "Loopster", "Mesmerizing Galaxy"
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
creativecommons.org/licenses/by/3.0/
SASCHA ENDE / FILMMUSIC:
Music (CC BY 4.0): Cry by Sascha Ende
Music (CC BY 4.0): Cool Man by Sascha Ende
Music (CC BY 4.0): Airwaves by Sascha Ende
SHANE IVERS:
Music: Underglow by Shane Ivers - www.silvermansound.com
JAZZHAR:
Phone Call by Jahzzar
www.betterwithmusic.com
Promoted by @RoyaltyFreePlanet royaltyfreeplanet.com
Creative Commons Attribution-ShareAlike 3.0
bit.ly/RFP_CCSAlicense
EVA:
The End by EVA
soundcloud.com/home-2001
Promoted by @RoyaltyFreePlanet - royaltyfreeplanet.com
Creative Commons Attribution-ShareAlike 3.0
bit.ly/RFP_CCSAlicense
มุมมอง: 2 643 423
So we just gonna make one video?
Why is the video titeled "Legal Casino heist..." if I spent 75minuts watching it being concluded being illegal?
He got greedy. Period.
This card problem would be true also in the trading card game community, except it has been solved bc we're nerds. We protect our cards with 'sleeves' which are plastic pockets that are transparent on the face, but opaque on the back of cards. These days they're mandetory for turnaments (for multiple reasons) and they get inspected before games, where even something like fingermarks or scratches coming off instantly causing the whole deck to be considdered marked.
Commenting to help u
I don’t get why they admitted that they were edge sorting if the casino didn’t pay ok go do it somewhere else why admit that you were edge sorting
how was their list of accomodations not sketchy
Casinos are scum
Amazing production. Well done.
This is an even more degenerate version of speedrunning video, with higher stakes, love it.
Clips from God of Gamblers 👌
Phil almost looks like a black guy
so, anyone know which massage parlor Sun is working at? maybe she love me long time?
i've done quite well counting cards over the years.. of course, i'm small scale.. so it flies under the radar.. few thousand a session when the count finally gets right.. not enough for them to notice.. but enough for me to have fun and put a few bucks in my pocket.. auto-shufflers really put a kink in my fun tho.. finding a decent game is difficult.. and then being allowed to use the advantage is even harder.. they really gotta jack with the little guy too..
that's a damn shame..
CLICKBAIT TITLE I WATCHED THE WHOLE VIDEO AND YOU BREAK MY HEART💔
Her friend runs out of money, needs to borrow some, but has to pay it back by the end of the night. How does _that_ work? You cannot be assured you will have that money at the end - You are gambling afterall and just lost a million. And you don't have access to your own money, which is why you had to borrow. How are you going to assuredly re-pay your loan? Someone's telling porky pies, or the video creator has the story wrong because that don't make no sense.
Greedy.
Why don't Casinos print plain cards so you can't do that trick ?
They should make a movie with actors out of this video. You mate are amazing. So happy yt actually recommend this to me randomly! Congratulations for your amazing script and narration. Great editing too!
I’m a professional gambler (all online), and I say this as someone who has had their winnings withheld, been asked for extra ID and personal info, and has been asked to explain their play pattern: Ivy WAS cheating. I have a lot of respect for the story, the grandeur of it. I’ve had big hits, and I know the feeling of striking something that no one else sees yet. And in general, any dollar stolen back from the casino is wholesome work. But that said, I think it’s a little silly that so many people can’t understand why Ivy didn’t keep his wins. He RIGGED the game. That was the whole point. He could not have made the money unless the game had been rigged. That’s why they didn’t want to get found out. I can say all this because I too have cheated before. Even online it’s possible. A glitch that isn’t caught. Extra accounts in other names. Playing both sides in a game that doesn’t normally allow it. When I do advantage play, it’s usually playing a generous offer over many safe bets. I don’t hide it since it doesn’t need to be hidden. Eventually some casinos cut me off for playing too well. But when I cheat, I do hide it. I do it infrequently, I do it methodically, I do it in a way that can be plausibly denied. I know that if I get caught, I’m in the wrong. All said, I would’ve still paid Ivy. The London casino probably closed because they had a reputation for “not paying their VIPs”. But I think it’s silly for a scammer to swindle someone and pretend “they let me do it” is a valid legal defense. I don’t blame Ivy for trying, but I hope he didn’t think he was actually in the right. Never believe your own con.
Cheung Yin Sun- Did she write this rubbish - funded by Daddys money another addicted gambler .Sounds like another daughter of the CCP
You didn’t mention that the online games were rigged for select pros. Baccarat wasn’t the first time he cheated. Stealing from a casino is one thing but cheating old ladies on the internet makes him a scum bag.
Excellent work
It's amazing, I started this video pretty neutral on the subject and now I kinda wish these two hucksters were in jail. Just because the casino employs social engineering doesn't mean you are required to partake in them, and it certainly doesn't justify cheating to get back at them. Ivey spent how many years flying all across the world, getting treated like a king among peasants by these casinos, and I'm supposed to feel sorry for him that he got caught abusing an undiscovered exploit? It's also pretty wild to use a Short Squeeze on Nickel as an example of "finding any edge possible". Sorry, but short positions on physical materials is pretty devious and probably should be considered market manipulation. But because these hotshot investors can't be held personally accountable for their contempt of risk analysis, the best thing regulators could do was temporarily stop trading on this completely artificial market swing. That action cost these already rich traders a lot of potential gains, sure, but it likely saved the global nickel economy, let alone their dependant industries. Ridiculous, childish, and downright scummy behavior by gambling addicts, and this video wants me to think the regulators are stealing money from traders, like it's not the very same traders artificially lowering the value of an actually useful product so they can go play God-King on their yachts and jets. Great video though, thanks.
wdym legal casino heist it was deemed illegal
we just learned about this in our law class last month! Ivey v Gentings Casino (2017). i thought it was very interesting. now i've got some extra knowledge to flex on my classmates XD
All this proves is that the UK courts are corrupt and take bribes
Music is too loud and unnecessary with
The BGM is f****g painful
Excellent job!
The quality of this world is off the fucking charts man! Not only did you share a story that I had never heard of, it was also over something I know basically nothing about and yet thanks to your words I was able to keep up perfectly fine with everything they were doing. And even still you kept the story exciting on top of that! This is truly incredible and I wish you all the subscribers. I'm sure your 2.5 MILLION views are more ecidence than my words, but i wanted to share them still.
Phil Ivey has the same drive in him for gambling that Michael Jordan had, and they were both lucky to be extremely good at what they do to be able to cover the amount of degenerate gambling they do.
This is not a heist. Heist cant be legal
11:39 - 11:59 well that was awkward😂😅
Great story! I heard about this advantage but never knew how it got played!
Bro baccarat is not an impossible game to win. It's not the easiest but it's definitely not the hardest
bro i fucking love nerds what the fuck do you mean you memorized edge designs
The best thieves know they can't win too much. You gotta give some back to ease suspicion
Wait, how can you call it a legal heist when 2 separate courts deemed their tactics illegal? I get it tho.. it's a dig at the rigged system, but still
I hope everyone realizes that essentially all UK based casinos can withhold money or steal your chips for any reason they want. There is almost never any legal recourse because the courts unanimously side with them. They are way worse than Native run casinos in the states, so gamble in the UK at your own risk.
The music is really annoying.
It was t cheating ..the casino agreed to all the conditions.. If you ask for a wall of mirrors to be set up on other side.. and it allows you to see the cards if others.... That's not cheating.... It's taking advantage of the set rules and conditions that are agreed upon. Other players will fell cheated but the casino set the rules and conditions and are liable as much as the other players who should have requested those mirrors be removed or a equal wall of mirrors be installed behind Ivy . Card cou ting is not cheating.... Edge sorting also is not cheating.. The rulling of those courts is direct results of political corruption of a pointing judges who ideology are bias in favor of corporate profiteering gardeners . OTHERWISE KNOWN AS: " STACKING THE DECK" IN FAVOR OF THE CASINOS WHICH BUILD IN AN UNFAIR ADVANTAGE FOR THEMSELVES IN THEIR GAMBLING GAMES....YOU CERTAINLY DIDN'T HEAR ANY MENTION OF THAT WHEN POINTING A TO FAIRNESS IN GAMBLING ACT .. What exactly is fair???.... It's rigged...to take more money out of customer locks then out of their.... And if you win ...the casinos go out if their way to keep you from leaving so you continue playing the rigged games that ...unless you create or discover anean to created an advantage over the proven rigged and therefore UNFAIR GAMING ... COARD COUNTERS WOULD NOT FACE DISCRIMANATION IF THE CASINOS HAD ANY FAIRNESS.... THE SOLUTION TO BLACKJACK CARD COUNTING ...IS SUPER SIMPLE.....STOP RUNNING BLACKJACK TABLES... .. EDGE SORTING.... BLANCK CARDS...No design...no pattern.....no SORTING
What a fantastic video bro
Hey, use this as proof that you, "the little guy", will NEVER get ahead. I mean, come on! This guy literally found a method to MANIPULATE casinos to win money. This is their entire business model used against their patrons. He didn't cheat, he socially engineered the casinos to advocate his strategy. What he did is a gray area of immorality, but is LEGAL. I can't speak to his violation of the contract(s) as I don't know exactly what was written (and that could very well be the reasoning and justification for the courts ruling against him). However, I can say, in my opinion, what he did was fair. The Borgata profited $729.7 million in 2023. And they cried about the 1%. Since casinos base their income ENTIRELY on statistical advantage as well as social manipulations of their patrons, it is illogical to gamble, EVER. Those that do are being preyed upon because if they were aware of these statistics and not impulsively urged to gamble, they would not. The practice of facilitating gambling activities, because of these facts, is inherently predatorial, and thus, highly unethical and immoral. Gambling, at its roots, was used in developing societies as a promise to quick wealth, often used and facilitated by illegal groups, gangs, mafioso, etc. It was and still is a predatorial practice to drain the money of its patrons through statistical advantage and manipulation.
Since the word heist by definition means a robbery, and robbery by definition is the unlawful gaining of property, there's no such thing as a legal heist, it is by definition illegal you dumbass.
Included a track from Max Payne 3, based
It's very obviously cheating to anyone with a functioning moral compass, however, it would be hard to argue that the Casinos don't deserve it. Wish they had gotten away with it.