Can we all just take a second to appreciate that this dude has taken years to make these videos so as not to disturb his practicing of card counting? The most patient man alive if you ask me.
Yeah, complete gamble putting all this effort into documented it all and for sure not being able to count ever again without knowing if he's going to be rewarded enough to make it all worth it. Glad this is is getting the attention it's getting, hopefully he can retire off of the sweet YT adverts on this series.
@@JohnMalindretos sure, but I have a feeling he very much might have gotten everything he wants out of card counting at this point. If not I''d guess he wouldn't have uploaded the videos. Still, I'm glad he made them, they are great entertainment!
@@stevenbridges if you are in the US, I hear sportsbook bonuses are lucrative over there at the moment. As a Brit you will be able to hedge at betfair. Might be worth investigating.
@@user-vl1oz3qy6i if you are saying it's not hard to beat the casinos then I have to question why I should consider you to be a great source of information on the subject. Casinos are designed to win its the whole reason they exist the odds are greatly in their favour unless you are counting or using some other frowned upon system and for you to say any different just makes me wonder if you work at one of these establishments?
Coming from a fellow card counter, I cannot agree more. Card counters go broke all the time. At best you’re usually only a few percentage points ahead. The edge you get over the house is ephemeral and you can still go broke very easily.
That’s just how things work when you have a small edge… you need to play a very very significant amount of time and turnover a hell of a lot of money before you can guarantee profit. There’s going to be very harsh variance when you only have a 1% edge
I love that at the start he said card counting wasn't like the movies and then proceeded to talk about signaling and code phrases for the count. This whole video was like me watching the vlog version of the movie "21".
It would be the morons version of 21 since counting across multiple casinos doesnt improve win rate like he seems to think. A counting team only increases win rate when multiple people take advantage of ONE DECK! All this is a bunch of individuals who each know how to count cards splitting profit. It's actually hilariously dumb!...and he's so confident talking about .....so funny!
@@stevenbridges if you want to be wrong then go ahead but this guy and this team are actually so dumb they don't understand that playing across multiple casinos doesn't increase win rate! It's so ignorant! Lol...they need the team to take advantage of one deck! That is the ONLY benefit to having a team of counters!
@@MrOpinionPod I know jack shit about what you're talking about. But I can tell you're good at logic. Strengths of math and where math goes and how to interop as a team is definitely something where "knowing the field well" comes in handy. However... it's possible his team has a strategy we don't know about. Or perhaps there's a negative factor, like, "one casino outs them too fast", which prevents that strategy, so he's stuck on a less advantaged field. It's good to make assumptions as an engineer. It's also good to allow for changes in initial educated guess and potential variations.
I played poker cash games professionaly for a couple years and know how emotionally testing a huge downswing can be, having that PLUS the negative stress of backoffs and trespasses seems incredibly difficult to handle! Props to all you counters out there grinding!
hope you continue this and do it around the world because i think it’s really amazingly entertaining content. Also, showing the way that you were able to start this with no experience and bringing us along the way is so inspiring. not just for card counting but just to show that with enough time and effort we can accomplish much more than we ever thought
I was the stats guy and BP for Ken Uston's team a few years back ... brings back SO many memories. I was the kid that looked 19 ... was able to avoid being barred in all but 23 casinos.
This is crazy. I was in Vegas at the same time as you, just before COVID hit, on my first ever Vegas trip to count cards. Only one backoff though since I was a low stakes guy. Crazy to now see our paths probably crossed! Great video.
You give off the vibes of someone who is not there to have the usual casino experience. You look well-informed, and too articulate to be knocking around in that environment.
I know I'm late to the party, but another good reason to have a team is that you'll be playing X times more hands and therefore be able to stay closer to your EV over time, any player that has a bad run can have it cancelled out by another player having a heater, so playing as a team is infinitely more valuable than solo
As a former cage cashier in the casinos in Nevada. I can say a few things. The report below the CTRC (Currency tracking report count) is the Multiple Transaction Log or MTL. It was a hassle for me to observe patrons while tracking money for the MTL. In essence, the casinos are de facto banks now. There are other Gaming Board Regulations as well so tracking the money is a big deal.
I'll explain card counting simply Blackjack is a simple game get closer to 21 than the dealer without busting. Blah blah blah This is litterally just a numbers game, and because it's all numbers probability and math. You can make a mathematical best choice for each hand. This is called basic strategy and millions upon millions of hands have been played with this and the numbers all work out theyve used computers to do this also. This is just basic strategy Basic strategy cuts the house edge from around 70% to around 50.5% of winning against you. So you have a 0.5% chance of losing so we need something else to give us an advantage. This is where counting the cards comes, all we do is keep track of the number of low cards that come out of the deck compared to the high cards. Numbers from 2-6 we assign a value of +1 to. Number 7,8,9 have a value of 0. And 10 and A cards have a value of -1. (If you see a game of blackjack the deck isnt shuffled after every hand so until the deck is shuffled the cards that have been played are done) The higher the count gets, the more of an advantage we have. This is because blackjacks are more common plus the dealer is more likley to bust because they HAVE to hit until 17+ When the count gets negative the dealer has the advantage because blackjacks are less common and the dealer is less likley to bust. You may be wondering why blackjacks benefit anyone so I'll give you an example. Let's say were playing a game and we flip a coin, and every time the coin lands on heads I'll give you 3$ every time the coin lands on tails you give me 2$. We can play this game all day and all night over and over as many flips as you want. You playing this game? Probably since in the long run there is a gaurenteed profit. In the short run though you may have 5 tails in a row land and lose 10$. Card counters look at the long run. Also when the count changes we have a thing called playing deviations which bassically say hey the best mathematical choice has changed for what to do here because we have more information about the deck so instead of hitting a 16 vs a dealer 10 stand and you're more likley to win when the count is above 1. There is also a difference between true count and running count. The running count is the count we get from seeing each card, the true count is the current running count ÷ by the number of decks remaining roughly. So let's say we have a running count (RC) of 10. And we are playing with a 6 deck shoe and were 1 deck in. Well since there is 6 decks and 1 deck has been played then we have 5 decks remaining. So 10 (RC)÷ by the decks remaining=2 (TC) which is your true count. This means that on average for every deck left to play there will be 2 more high card than low cards. Variance is where this becomes a problem because it's not every deck is gaurenteed to have 2 more high cards than low cards it's just the average. The team ended up going through a lot of what we call negative variance. So going back to the coin game they flipped a bunch of tails. But it's alright because as they play more the odds are more likley to even out Hope this helps
There is even more easier : Take 2 decks and put them together and watch them everyday ! Next : 2 decks = 3,5 cm Count only High cards ! 1 deck = 20 High cards 2 decks = 40 High cards One essential Rool : Never increase your bets only double down when you count a significant difference beetween High and low cards ! One example : if you size UP 2 decks and count 20 to 30 High cards . Double down With 8 , 9 , 10 , 11 more frequently ! If you count more than 40 High cards With 2 decks ---> double down With 12 and 13 !!!! That's all 👍😉
@@stevenbridges yeah i know how long editing takes man, if you can get a over a week down to 30 minutes, thats mad skill and time man, respect. also ty for the heart
It’s crazy but awesome you can get a team of people together with so much money and trust each other 100%. Having a trustworthy team is almost worth more than the counting skill itself
@@billyhack9673interesting.. I also love rewatching this that you can lose $24,000 to the casino and they’ll get a team to make you leave before you can win it back. That seems illegal but nope! Sad
You need to understand this makes NO SENSE! This team is full of idiots! Lol the only way for a counting team to increase win rate is to take advantage of ONE WEAK DECK! Playing across multiple casinos is hilariously dumb! All they are is individually counting cards and splitting profit....noone is earning more than they would playing alone over time!
@@stevenbridges your idea of splitting makes no sense! Do you not understand that a team only benefits and win rate only increases when the team takes advantage of ONE weak deck!?!?! All your doing is splitting profits with other counters...it's not a team! You don'take any more money the way your doing it...it's shocking you don't see this but you travel all the way to Vegas with people and post videos about it...it's hilariously ignorant! Lol think man!
Hey, use to watch you RELIGIOUSLY when I was much younger. So glad to see you and the channel are still thriving and what an interesting look into the world of counting cards. cheers from Canada
@@stevenbridges Youre completely correct man! Im so glad to see the channel is still going strong and have been catching up on a bunch of your newer content . Hope youre doing well ❤️
I love my casino. They never see counters. I've literally just stood beside the table counting and sat down when true count hits +3 and stood back up when back at zero. They could care less. And less than a deck of penetrarion between shuffles. It's fantastic
A lot of casinos just think of card counting as an overhead cost like keeping the lights on. Its a very bad look to throw people out just for winning. Not to mention its not always worth it financially either, if a casino spends 200,000$ on security to stop counting but only would've lost 100,000$ to counting, it wouldn't be worth stopping the counting.
The $3,000 thing is called an MTL or money transaction log. Basically at $3000 they begin logging you transactions for the gaming day. So if you do reach the 10k mark for the gaming day they can ask for your ID. You can deny your ID for the MTL but theyll still log it and instead if putting in your ID they log a description of you and get a photo of you from surveillance and upload it to the MTL. The pit bosses can also put you into the MTL if you buy in over a certain threshold set by the casino.
@@hillaryclinton2415 not really. when entering most casinos, if you hve a mask on, the guard at the door will ask you to pull it down for a moment so surveil can snap a photo of you if they need it
Maths part explained: The bet spread is what gives you the predicted return on investment. The higher spread = higher return. By pooling the money they each can play in a way that yields a higher return.
If the dealer hands out one card they can't stop it. That is why he said at one point he would try and sneek the bet out when the pit boss wasn't looking so he couldn't stop the hand before the first card was dealt. Before that first card of the hand is dealt they can stop and shuffle.
@@jasonkerekesch5012 Yes and they can't shuffle the deck after cards are dealt either. He slides his chips out to bet big, the pit boss see's what is happening and calls for a shuffle, he can take his bet back. No cards have been dealt.
@@dr.snapplethebadapples1620 I guess you just replied through your notifications and didn't look at the thread. I said everything you said in my first comment to the OP.
Even tho I'm not a card counter and don't think I'll ever get into it you still make these videos so entertaining. You do such great work editing all your footage together
Dude I love how much you care about everything. The quality of the video, your community, the comments and basically everything. Keep up the good work mate.
Thank you so much Dora! Yeah I really appreciate the views/comments and I don't take any of it for-granted. My channel has blown up but that won't last forever. So just very grateful and enjoying the ride. My theory being, the more time that goes into the edit, the better the video. The better the video, the more the audience like it and will watch the next one. Everyone wins 😃
Everything except logic! This team is idiotic...the only benefit or increase in win rate comes from a group isolating and taking advantage of ONE weak deck! Playing across casinos is just people splitting money...the team means nothing
@@stevenbridges way wrong buddy....ur strategy is terrible and you don't understand what you're actually doing! Lol... splitting across multiple casinos does nothing for the team! It's only when you beat one deck do you increase win rate....come on....you have to see this!
I'm so grateful that you have done this series. It's well made, entertaining and you are enjoying the evolution of it. I genuinely feel that this kind of work is what art should aspire to. Nice work Steven.
The video was cool but the strategy is moronic! There is no benefit to people playing other casinos!! Win rate only increases when multiple people take advantage of one weak deck and the fact this guy nor his team see that is hilariously ignorant!
I did BJA, very good. I did double a bankroll from 5k- 10k. Had a small spread, 1% risk. It works. Takes a lot of patience and really have to train. Love the videos man
@@stevenbridges Absolutely, I definitely wasn't commenting on the slow turnaround, just my anticipation and excitement of following your journey! Take your time to tell an engaging story the way you want to, I'll be here ready for it!
First rule of gambling, quit while you’re ahead. Unfortunately much easier said than done. I’ve made the same mistake many times. Fascinating video brother!
Me and my grandfather drilled 2 water wells for the Akwesasne reservation casino in my area and everytime we went there we got the best service. The best meals free drinks and somebody aways asking if there was anything they could do for us. It was like we were part of the family. It was great times a memorable moments made with my gramps.
yes this is real like the fake slot videos and sports video that a gy was betting bricks of money and collecting bricks all for advertising the casino and the bettor is advertising how could anyone believe the bets and wins
There needs to be some kind of way to crowd-source/curate a small list of very high quality (production value + interesting topics) channels such as this one without having to wade through the muck or rely on the algorithms. And yes, I do realize that probably would point to a subscription service such as the sponsors of this video! I agree this is a great channel, and I'd put it up there with maybe only another 5-10 content creators. Thanks Stevens!
Haha...he's actually Ignorant and overeating himself! Playing across multiple casinos DOES NOT INCREASE WIN RATE! the only benefit of a team is having that team take advantage of ONE WEAK DECK! It's so funny....all these guys are is individuals splitting their gambling profits....there is no team benefit! You should know that and not praise this stupidity
Excellent video, you got me into becoming a card counter. I have practiced hundreds of hours and am up 900 bucks since I started playing. I was the guy on the BJA forums who wrote the legal break down you liked “I ENVOKE MY RIGHT OF SILENCE”.
You are incredible. Such dedication to not only the craft of TH-cam but more importantly keeping the world of card counting under the radar and not posting these vids the same week. Mad props. Hope you have more content under your belt and haven’t been blacklisted from every casino everywhere 😂 great job.
Are you kidding!?! Such dedication? For a strategy that completely lacks logic? Win rate only increases when they team beats one weak deck! Playing multiple casinos is completely useless and is just individuals splitting profits and has nothing to do with a team strategy! It's moronic!
@@MrOpinionPod can you read in english? “Dedication to not only the craft of youtube and keeping the world of card counting under the radar by not posting these vids the same week.” I said nothing about their profits, logic, or strategy. Read a book and have a good day.
It's also called the Matthew principle, from Matthew 25:29 - "to those that have everything, more will be given; from those that have nothing, everything will be taken."
I used to count cards at the local amusement park when I was younger and they still had black jack there. Every Friday i'd go with a bit of cash, multiplying the cash enough to afford a really crazy drunken night afterwards. Worked like a charm since the amusement park dealers were just summer workers who dealt extremely slow. That place paid for so many weekends. :)
I learned and memorized Edward Thorpe's Beat the Dealer Card Counting book and the charts he included back in the early 90s. I lived 2.5 hours from Vegas. Me and my buddy would go every other week with about $300 each and make anywhere from $500 to $2000 on a 2 day trip. Worst case we'd break even and have a blast. But then later around 1997 they started changing all the rules, and raising minimum table bets, and the little advantages started disappearing. It was such a blast while it lasted for the little guy and the system worked! I remember showering the hotel bed with $20s and $100s. Now my $100 goes in 15 minutes unless I get on a positive count streak. Definitely need big bank rolls to play and expect to lose for a while as well.
12:17 Shows how much the team was earning per hour. Approximately 30 hours = $15,000 = $500 per hour for the team = approximately $125 per hour per team player if there are 4 players.
As a former surveillance officer and a more recent semi pro baccarat player. I think you're a cool dude and I really like your videos. Also they do have facial recognition. It takes about 20 seconds to look you up.
there are some fairly easy thing you folks could do to delay the ID. I am surprised you didn't try them. That said, I do this video ! ! Especially since you show that it isn't all boxes of gold winnings :)
There might be but to us it was just like taking a picture with a camera phone. We would put the gamer ID and how much we saw them buy in for and what they cashed out with. Then that data was shared in the network with all the casinos in the country
So stoked to see you’re killing it on TH-cam, despite the fact that for some reason I don’t recognize your videos when they pop up, despite eagerly awaiting them. I always catch them a day or two late 🤷♂️ Love them though! Keep up the great work brother!
What is the general attitude when someone looses money in a team? Is the blame put on the individual? I understand card counting has it's ups and downs, but would the other team mates feel let down if they have to pick up someone else's slack to meet the EV at the end or is there more of a "whatever happens, happens" mindset?
Great question! You can kind of get an idea of that when I'm showing the graphs and people are laughing. I'm actively blaming team mates for not doing well and they're laughing because they know it's not their fault. But yeah, no one get's a hard time for losing. It's all about the EV not the AV. Sometimes there's minor arguments about expenses. For example, one of our team mates missed his flight back so their was a debate about whether or not it should be a team expense to pay for the new one. Basically, don't blame people for things they can't control. We do, perhaps hypocritically, tend to really celebrate wins as if it's the players doing. "YEAH MATE YOU DID IT!!!!!!!" when they win $30k or something.
Another reason to team up is the dispersion of heat - three people doing $1000 bets, especially if it's across three different casinos, will raise less flags than one person doing $3k bets in one spot.
@@stevenbridges had a thought while listening. Do you ever play online blackjack? and do you play think the 3 card poker hands are a good way to play as a casual blackjack player
I would always recommend all blackjack players avoid: any side bet & blackjack games that only pay 6:5 for blackjack. Online blackjack is a video in itself 😃
LMFAO the fact that you didn't get a safety razor and just take the whole beard off. That's like saying, 'I've got blonde hair so i'm going to dye it for my disguise", then opting to dye it strawberry blonde.
Always compliment the security guards! In my experience, they will not do or say anything bad, but they can really help you(especially downtown) if you get in a sketch situation with that much money. Have tipped them previously as well if I didn’t feel comfortable and asked for a short escort
My general rule in life and in these situations is to treat everyone with respect and be friendly. There's never any benefit in being rude to security 😃
I would love to see a Blackjack game that pits card counters against each other to see who can win the most at the same table using the same decks/dealers.
Enough decks and counting over . Ask New Jersey counting is completely legal but so is adding decks and does 8 or 10 deck show frequent shuffling destroys counters advantage again just the facts.
Yeah I get all that @user-hm4wg6sh8c but I would love to see a Blackjack game that pits card counters against each other to see who can win the most at the same table using the same decks/dealers.
They started implementing continuous card shuffling machines during mid shoe at JACK in Cleveland. Pretty annoying if you ask me. They also lowered the blackjack payouts from 3:2 to 6:5. Unfortunately it's the only casino in town offering table games so they have consistently high table limits.
Basically what you see in this video is that you can be as good a card counter as you want, you still are guaranteed to often lose against the casino's odds. And you can lose insane amounts of money. So, unless you have unlimited money to start with, just don't gamble for a living.
Maybe you don't know this, but the casinos that ask for ID at $3000, are only doing that based on policy. You don't have to show them ID. You can decline and then they will pay you anyway, but put your description in their computer.
Because like it or not, they are only playing with a 1% margin at best. The casino wants them to stay until they have a dip, then they kick them out. In other words, remember when people were going negative 10-20k in his video... That's why the casino gives you a free $200 meal. They chose when you get kicked out. You cannot choose if you are negative or positive. It changes the odds into the casinos favor.
Hey Steven! Love this series and your documentation of these experiences! I have a question though, you mention at the start that this Vegas trip was a couple of years ago, do you still actively count or have you moved on to other hobbies?
How do you think face recognition technology will/ or does already affect you guys sneaking in casinos exchanging data? They will stop you before you open the door with a high accuracy and nearly no effort from their security
I would have liked to set a target. Only because, even though it's mathematically best to just keep playing... we only had a finite amount of time. So at $100k I would have been happy to stop. But at the time, as you'll see in the video, our upswing was so fast that it felt silly to end the trip so soon. So we kept going.
If you ever did that how would you decide when to get back in? If you 'override' the model you're essentially no longer 'trading' the model and start getting into really dangerous territory. I used to run some systematic trading models in an investment bank and it's remarkable how similar this is. You have to trust the card strategy and run with it. I guess the team play concept introduces a portfolio benefit where you improve your sharpe ratio because you're running more parallel games. Your theoretical max loss will be the same but the likelihood a lot lower and you can afford to either bet bigger or just have a smoother p&l..(.in theory 🤪🤪🤪)
@@ChrisLee-yr7tz it all depends on A) how much time the team of counters has to play at the tables. B) the amount of casinos they can hit, eventually you are known almost everywhere especially if you're forced to show ID to cash out for example. C) the risk tolerance of the investors D) absolute cost of the $$$. What can that money buy for you? A house, a vacation, retirement? If you can retire 20 years earlier if you stop at a highswing it's probably smart to back out at that point. D) opportunity cost. You or investors might have other ways to get great returns on money.
@@ChrisLee-yr7tz i like the comparison with trading models. But just like with counting cards (eventually recognized everywhere, or can't live in the US forever due to personal life) the model will not stay optimal forever. Any (active) trading model eventually needs changing as factors in the world are changing.
@@SQERDOMOONLIGHT I think all your points are valid considerations but I don’t think that was the thrust of the original question. They asked if there was a mathematical maximum and I can only guess from that that they were asking more on the basis of how the model was performing. I was really just getting at the fact that the cards have no memory of what’s already gone before, so whether you’ve an unusual losing streak or winning streak, it’s not really relevant. So trying to take decisions based on how recent performance has played out is a very bad way of looking at it.
Man this reminds me trading. I’ve been doing that for almost 6 years and you’re right on the money about being a professional loser. It’s a mental fight only few really experience when it’s your life’s work.
They can spot a cricket on the streets of their casinos but my nan who has dementia walked around an entire city over night couldn't be found after leaving the nursing home.
I always thought about using my math skills card counting. I’ve gravitated toward no limit hold em to calculate odds bc as long as you’re playing advantageously with regard to the math, you’re guaranteed to win in the long run.
Really enjoying the videos. I normally watch / play poker, but this has made me a lot more interested in blackjack. I'm pretty confident in saything that there is zero chance I'd be skilled enough to card count :P
@@kenbagwell8551 - Then let him explain it. No need to butt in where you are not wanted or needed. This holds true in real life as well. Do you ever hear your 'friends' humming Bob Dylan as you approach? (...."what a drag it is to see you"....)
For those who don't understand why the casino gave them free meals and such. The counters are playing with extremely slim margins that are volatile. Let's say a the margin is 1% with a 50% chance of going positive and you kick out a counter as soon as you see them. This means on average the casino would lose 0.5% to counters. However, you can mitigate this, you stop those that are negative instantly, and you let those who are positive play. The volatility will make some who were positive go negative (just like they only broke even after 6 days). With the casino choosing when to kick you out, it makes the odds in their favor and they will not lose money over long periods of time. Therefore the game is more around tricking the security rather than counting the cards. If you can let security to play while you are negative or losing you are more likely to win.
damn dude this is amazing. I'm in an embarrassing amount of debt and it's incredible you can just go count cards and make this much money in a couple of days. unreal
Can we all just take a second to appreciate that this dude has taken years to make these videos so as not to disturb his practicing of card counting? The most patient man alive if you ask me.
Unfortunately he probably can’t count anymore
Yeah, complete gamble putting all this effort into documented it all and for sure not being able to count ever again without knowing if he's going to be rewarded enough to make it all worth it. Glad this is is getting the attention it's getting, hopefully he can retire off of the sweet YT adverts on this series.
@@JohnMalindretos sure, but I have a feeling he very much might have gotten everything he wants out of card counting at this point.
If not I''d guess he wouldn't have uploaded the videos. Still, I'm glad he made them, they are great entertainment!
+JohnMalindretos, we're about to find out ;)
@@stevenbridges if you are in the US, I hear sportsbook bonuses are lucrative over there at the moment. As a Brit you will be able to hedge at betfair. Might be worth investigating.
The fact that 4 card counters can lose 50 thousand in one sitting shows just how hard it is to beat the casinos
@@user-vl1oz3qy6i if you are saying it's not hard to beat the casinos then I have to question why I should consider you to be a great source of information on the subject. Casinos are designed to win its the whole reason they exist the odds are greatly in their favour unless you are counting or using some other frowned upon system and for you to say any different just makes me wonder if you work at one of these establishments?
Coming from a fellow card counter, I cannot agree more. Card counters go broke all the time. At best you’re usually only a few percentage points ahead. The edge you get over the house is ephemeral and you can still go broke very easily.
@@chipsthedog1 Logic clearly escapes you. You should work on parsing statements of implication and then move on to math.
@@joelwillis2043 yawn
That’s just how things work when you have a small edge… you need to play a very very significant amount of time and turnover a hell of a lot of money before you can guarantee profit. There’s going to be very harsh variance when you only have a 1% edge
I love that at the start he said card counting wasn't like the movies and then proceeded to talk about signaling and code phrases for the count. This whole video was like me watching the vlog version of the movie "21".
“Like watching the vlog version of the movie 21” 😂 😂 😂 can I use that line?
It would be the morons version of 21 since counting across multiple casinos doesnt improve win rate like he seems to think. A counting team only increases win rate when multiple people take advantage of ONE DECK! All this is a bunch of individuals who each know how to count cards splitting profit. It's actually hilariously dumb!...and he's so confident talking about .....so funny!
@@stevenbridges if you want to be wrong then go ahead but this guy and this team are actually so dumb they don't understand that playing across multiple casinos doesn't increase win rate! It's so ignorant! Lol...they need the team to take advantage of one deck! That is the ONLY benefit to having a team of counters!
@@MrOpinionPod I know jack shit about what you're talking about. But I can tell you're good at logic. Strengths of math and where math goes and how to interop as a team is definitely something where "knowing the field well" comes in handy. However... it's possible his team has a strategy we don't know about. Or perhaps there's a negative factor, like, "one casino outs them too fast", which prevents that strategy, so he's stuck on a less advantaged field.
It's good to make assumptions as an engineer. It's also good to allow for changes in initial educated guess and potential variations.
@@feitingschatten1 8
I played poker cash games professionaly for a couple years and know how emotionally testing a huge downswing can be, having that PLUS the negative stress of backoffs and trespasses seems incredibly difficult to handle! Props to all you counters out there grinding!
the single casinos i saw are more aware and back off and ask for id in this series
So you were backed off at a poker table?
@@JWick-tm6eh ? no, im saying it hard enough having to deal with downswings without the added stress of backoffs.
@@JWick-tm6ehI think he's referring to blackjack as poker
hope you continue this and do it around the world because i think it’s really amazingly entertaining content.
Also, showing the way that you were able to start this with no experience and bringing us along the way is so inspiring. not just for card counting but just to show that with enough time and effort we can accomplish much more than we ever thought
I was the stats guy and BP for Ken Uston's team a few years back ... brings back SO many memories. I was the kid that looked 19 ... was able to avoid being barred in all but 23 casinos.
If you "looked 19" you should have been carded in every casino...not exactly a great way to disguise your identity...
You look 70 now how many years ago was this lmao
@@雪底下 well ken uston was active 50 years ago
@@雪底下 I'm 75 ... Played with Uston in the early 70's. The casino's did not like card counters ... I was only beaten up twice!
I am using Uston APC. What did Uston use cause he never used his APC. Kinda baffles me.
This is crazy. I was in Vegas at the same time as you, just before COVID hit, on my first ever Vegas trip to count cards. Only one backoff though since I was a low stakes guy. Crazy to now see our paths probably crossed! Great video.
The only card counters I have ever crossed paths with, are other casino personnel.
Which casino ?
@@freedaguyz6011 California
Did you make a profit on the trip? And how long did you practice counting card
@Paul Cooper that’s why they got a team and not a random individual
You give off the vibes of someone who is not there to have the usual casino experience. You look well-informed, and too articulate to be knocking around in that environment.
Ya they don't like smart people
yea he needs to show up in a 5XL eagles cunningham jersey gnome sayin? CLICK!
I know I'm late to the party, but another good reason to have a team is that you'll be playing X times more hands and therefore be able to stay closer to your EV over time, any player that has a bad run can have it cancelled out by another player having a heater, so playing as a team is infinitely more valuable than solo
As a former cage cashier in the casinos in Nevada. I can say a few things. The report below the CTRC (Currency tracking report count) is the Multiple Transaction Log or MTL. It was a hassle for me to observe patrons while tracking money for the MTL. In essence, the casinos are de facto banks now. There are other Gaming Board Regulations as well so tracking the money is a big deal.
Yeah but no one offering to show people how to gamble ever talk about how casinos tend to notice stuff....
This series has been extremely entertaining for months now, I admire your positive attitude. Keep up the good stuff :D
Thank you very much! 😃
I can’t find it on nebula ☹️ what am I doing wrong
I dont understand card counting but your energy just makes the video so fun to watch
haha thank you! There's a video on my channel that explains exactly how it works. 😃
I'll explain card counting simply
Blackjack is a simple game get closer to 21 than the dealer without busting. Blah blah blah
This is litterally just a numbers game, and because it's all numbers probability and math. You can make a mathematical best choice for each hand. This is called basic strategy and millions upon millions of hands have been played with this and the numbers all work out theyve used computers to do this also. This is just basic strategy
Basic strategy cuts the house edge from around 70% to around 50.5% of winning against you. So you have a 0.5% chance of losing so we need something else to give us an advantage.
This is where counting the cards comes, all we do is keep track of the number of low cards that come out of the deck compared to the high cards. Numbers from 2-6 we assign a value of +1 to. Number 7,8,9 have a value of 0. And 10 and A cards have a value of -1. (If you see a game of blackjack the deck isnt shuffled after every hand so until the deck is shuffled the cards that have been played are done)
The higher the count gets, the more of an advantage we have. This is because blackjacks are more common plus the dealer is more likley to bust because they HAVE to hit until 17+
When the count gets negative the dealer has the advantage because blackjacks are less common and the dealer is less likley to bust.
You may be wondering why blackjacks benefit anyone so I'll give you an example. Let's say were playing a game and we flip a coin, and every time the coin lands on heads I'll give you 3$ every time the coin lands on tails you give me 2$. We can play this game all day and all night over and over as many flips as you want. You playing this game? Probably since in the long run there is a gaurenteed profit. In the short run though you may have 5 tails in a row land and lose 10$. Card counters look at the long run.
Also when the count changes we have a thing called playing deviations which bassically say hey the best mathematical choice has changed for what to do here because we have more information about the deck so instead of hitting a 16 vs a dealer 10 stand and you're more likley to win when the count is above 1.
There is also a difference between true count and running count. The running count is the count we get from seeing each card, the true count is the current running count ÷ by the number of decks remaining roughly. So let's say we have a running count (RC) of 10. And we are playing with a 6 deck shoe and were 1 deck in.
Well since there is 6 decks and 1 deck has been played then we have 5 decks remaining. So 10 (RC)÷ by the decks remaining=2 (TC) which is your true count. This means that on average for every deck left to play there will be 2 more high card than low cards.
Variance is where this becomes a problem because it's not every deck is gaurenteed to have 2 more high cards than low cards it's just the average. The team ended up going through a lot of what we call negative variance. So going back to the coin game they flipped a bunch of tails. But it's alright because as they play more the odds are more likley to even out
Hope this helps
There is even more easier :
Take 2 decks and put them together and watch them everyday !
Next : 2 decks = 3,5 cm
Count only High cards !
1 deck = 20 High cards
2 decks = 40 High cards
One essential Rool :
Never increase your bets only double down when you count a significant difference beetween High and low cards !
One example : if you size UP 2 decks and count 20 to 30 High cards . Double down With 8 , 9 , 10 , 11 more frequently !
If you count more than 40 High cards With 2 decks ---> double down With 12 and 13 !!!! That's all 👍😉
No such a thing, its all luck, you never know the next card. Cards will be mixed after each game, so what are you counting.
@@stevensteven3417 They don't shuffle the shoe after every hand.
you can tell how much work goes into these videos, i love this series!
Thank you! I think that it's really important to respect the viewers time so I spend ages on the edit!
@@stevenbridges yeah i know how long editing takes man, if you can get a over a week down to 30 minutes, thats mad skill and time man, respect. also ty for the heart
It’s crazy but awesome you can get a team of people together with so much money and trust each other 100%. Having a trustworthy team is almost worth more than the counting skill itself
Actually you can’t. For some people the temptation to pocket chips is just too great.
@@billyhack9673interesting..
I also love rewatching this that you can lose $24,000 to the casino and they’ll get a team to make you leave before you can win it back. That seems illegal but nope! Sad
Stealing from someone who knows your name, has videos of you, and has half a million subscribers is a terrible idea
Exactly why you pick trustworthy people you know.
“You need a lot of money to afford to bet big.”
Thanks Steve, very cool.
Please get this man some more subscribers, high quality videos ALWAYS and he waited 2 years for this lmao
Your comments and likes help push the vids out so thank you!
I hope you know how happy you have made everyone's day by posting! This series is absolutely bonkers and we love you. Thank you
I really appreciate the support and comments! 😃
You need to understand this makes NO SENSE! This team is full of idiots! Lol the only way for a counting team to increase win rate is to take advantage of ONE WEAK DECK! Playing across multiple casinos is hilariously dumb! All they are is individually counting cards and splitting profit....noone is earning more than they would playing alone over time!
@@stevenbridges your idea of splitting makes no sense! Do you not understand that a team only benefits and win rate only increases when the team takes advantage of ONE weak deck!?!?! All your doing is splitting profits with other counters...it's not a team! You don'take any more money the way your doing it...it's shocking you don't see this but you travel all the way to Vegas with people and post videos about it...it's hilariously ignorant! Lol think man!
@@MrOpinionPod ok autist
Hey, use to watch you RELIGIOUSLY when I was much younger. So glad to see you and the channel are still thriving and what an interesting look into the world of counting cards. cheers from Canada
Dude I totally recognise your username!
I swear you were like one of my first 100 subscribers?
@@stevenbridges Youre completely correct man! Im so glad to see the channel is still going strong and have been catching up on a bunch of your newer content . Hope youre doing well ❤️
I can almost hear the casinos saying "Excuse me, we're here to rob you. If you can defend yourself, please leave."
Some countermeasures casinos are just salivating to implement are 6:5 for player blackjack and dealer ties the table with a total of 22.
I love my casino. They never see counters. I've literally just stood beside the table counting and sat down when true count hits +3 and stood back up when back at zero. They could care less. And less than a deck of penetrarion between shuffles. It's fantastic
A lot of casinos just think of card counting as an overhead cost like keeping the lights on. Its a very bad look to throw people out just for winning. Not to mention its not always worth it financially either, if a casino spends 200,000$ on security to stop counting but only would've lost 100,000$ to counting, it wouldn't be worth stopping the counting.
The $3,000 thing is called an MTL or money transaction log. Basically at $3000 they begin logging you transactions for the gaming day. So if you do reach the 10k mark for the gaming day they can ask for your ID. You can deny your ID for the MTL but theyll still log it and instead if putting in your ID they log a description of you and get a photo of you from surveillance and upload it to the MTL. The pit bosses can also put you into the MTL if you buy in over a certain threshold set by the casino.
Thanks for the info! I did not know that!
Thank god for covid masks, yes?
@@hillaryclinton2415 not really. when entering most casinos, if you hve a mask on, the guard at the door will ask you to pull it down for a moment so surveil can snap a photo of you if they need it
@@hillaryclinton2415 ɴᴏᴡ ᴘʟᴀʏɪɴɢ: Who asked (Feat: No one) ───────────⚪────── ◄◄⠀▐▐ ⠀►► 5:12/ 7:𝟻𝟼 ───○
@@stevenbridges You're a "professional" counter and you didn't know that? 😆
“As a counter your a professional loser” as a trader, I feel ya brother 😂 but someone’s gotta do it right.
Nope your job contributes nothing to society
Maths part explained:
The bet spread is what gives you the predicted return on investment. The higher spread = higher return. By pooling the money they each can play in a way that yields a higher return.
Surely it must be illegal for the pit boss to have the dealer shuffle the decks and reset the sleeve after you've already placed your bets?
You can pull your bet back
If the dealer hands out one card they can't stop it. That is why he said at one point he would try and sneek the bet out when the pit boss wasn't looking so he couldn't stop the hand before the first card was dealt. Before that first card of the hand is dealt they can stop and shuffle.
@@dr.snapplethebadapples1620 Once cards are dealt you cannot pull back your bet. Only before the first card is dealt of that hand.
@@jasonkerekesch5012 Yes and they can't shuffle the deck after cards are dealt either. He slides his chips out to bet big, the pit boss see's what is happening and calls for a shuffle, he can take his bet back. No cards have been dealt.
@@dr.snapplethebadapples1620 I guess you just replied through your notifications and didn't look at the thread. I said everything you said in my first comment to the OP.
Even tho I'm not a card counter and don't think I'll ever get into it you still make these videos so entertaining. You do such great work editing all your footage together
Imagine being part of a high stakes card counting group and one guy wants to vlog it 😂
Dude I love how much you care about everything. The quality of the video, your community, the comments and basically everything. Keep up the good work mate.
Thank you so much Dora! Yeah I really appreciate the views/comments and I don't take any of it for-granted. My channel has blown up but that won't last forever. So just very grateful and enjoying the ride.
My theory being, the more time that goes into the edit, the better the video. The better the video, the more the audience like it and will watch the next one. Everyone wins 😃
Everything except logic! This team is idiotic...the only benefit or increase in win rate comes from a group isolating and taking advantage of ONE weak deck! Playing across casinos is just people splitting money...the team means nothing
@@stevenbridges way wrong buddy....ur strategy is terrible and you don't understand what you're actually doing! Lol... splitting across multiple casinos does nothing for the team! It's only when you beat one deck do you increase win rate....come on....you have to see this!
Sounds like the book bringing down the house which i believe the movie 21 is based off of
I'm so grateful that you have done this series. It's well made, entertaining and you are enjoying the evolution of it. I genuinely feel that this kind of work is what art should aspire to. Nice work Steven.
The video was cool but the strategy is moronic! There is no benefit to people playing other casinos!! Win rate only increases when multiple people take advantage of one weak deck and the fact this guy nor his team see that is hilariously ignorant!
I did BJA, very good. I did double a bankroll from 5k- 10k. Had a small spread, 1% risk. It works. Takes a lot of patience and really have to train. Love the videos man
How is the Bankroll going ?
also, with this series, you're pretty much literally making yourself the posterboy for cardcounting
Yup, the price I pay for making vids unfortunately
@@stevenbridges will pay off 100%. You're one of the only ones outside of movies to actually show the story of card counting.
I was literally just checking on your channel and wondering "Hm, it's been about a month, I wonder when his next video is coming out?" Made my day!
Yeah sorry it takes me so long. I just wanna make sure the videos are as close to perfect as I can. Don't wanna waste the viewers time. 😃
@@stevenbridges no worries bro! That’s why we love the content. Thanks for continuing to post your journey.
@@stevenbridges Absolutely, I definitely wasn't commenting on the slow turnaround, just my anticipation and excitement of following your journey! Take your time to tell an engaging story the way you want to, I'll be here ready for it!
Same lol
@@stevenbridges You're a good man for that.
This video has inspired me to learn card counting god bless you and all your hard work you are my new hero for 2022
Tell me how it went. I just started learning yesterday
2:02 That's Mike Boyd I luv it! Top TH-camr
I couldn´t care less about card counting, but i could listen to this man for houres.
First rule of gambling, quit while you’re ahead.
Unfortunately much easier said than done. I’ve made the same mistake many times.
Fascinating video brother!
First rule is never gamble more than you can afford to lose.
@@rapid13 First rule is never gamble. Second rule is if you do, then never more than you can afford to lose.
@@SergeantExtreme Sure thing, Captain Mediocrity.
I am so beyond excited for this! Been checking everyday for updates
That's dedication!
Me and my grandfather drilled 2 water wells for the Akwesasne reservation casino in my area and everytime we went there we got the best service. The best meals free drinks and somebody aways asking if there was anything they could do for us. It was like we were part of the family. It was great times a memorable moments made with my gramps.
really appreciate all that had to of gone into making this film. Thanks for sharing.
Love this series, thank you so much for letting everybody take a peek into this fascinating world of counting cards.
yes this is real like the fake slot videos and sports video that a gy was betting bricks of money and collecting bricks all for advertising the casino and the bettor is advertising how could anyone believe the bets and wins
This is the best series going on YT right now
That's real nice of you! Thank you 😃
This series and Brad Owen's poker vlogs give me so much joy
There needs to be some kind of way to crowd-source/curate a small list of very high quality (production value + interesting topics) channels such as this one without having to wade through the muck or rely on the algorithms. And yes, I do realize that probably would point to a subscription service such as the sponsors of this video! I agree this is a great channel, and I'd put it up there with maybe only another 5-10 content creators. Thanks Stevens!
This man is bloody underrated. Great videos, Steven. Looking forward to watch more, my man.
hahah thank you! Taking the time to comment, like etc is really appreciated as it helps push the videos out to more people. So thank you! 😃
Haha...he's actually Ignorant and overeating himself! Playing across multiple casinos DOES NOT INCREASE WIN RATE! the only benefit of a team is having that team take advantage of ONE WEAK DECK! It's so funny....all these guys are is individuals splitting their gambling profits....there is no team benefit! You should know that and not praise this stupidity
This whole video is just playing with fire, hahaha. It feels like I'm watching a heist.
21 Irl, the dedication is on another level, damnnn👏
Excellent video, you got me into becoming a card counter. I have practiced hundreds of hours and am up 900 bucks since I started playing. I was the guy on the BJA forums who wrote the legal break down you liked “I ENVOKE MY RIGHT OF SILENCE”.
Oh dude thanks for your great input in the forum!
that's sooo cool, its like gearing up for a bank robbery but 100% legal lmao
You are incredible. Such dedication to not only the craft of TH-cam but more importantly keeping the world of card counting under the radar and not posting these vids the same week. Mad props. Hope you have more content under your belt and haven’t been blacklisted from every casino everywhere 😂 great job.
Are you kidding!?! Such dedication? For a strategy that completely lacks logic? Win rate only increases when they team beats one weak deck! Playing multiple casinos is completely useless and is just individuals splitting profits and has nothing to do with a team strategy! It's moronic!
@@MrOpinionPod can you read in english? “Dedication to not only the craft of youtube and keeping the world of card counting under the radar by not posting these vids the same week.” I said nothing about their profits, logic, or strategy. Read a book and have a good day.
Watching videos about the beginning of Covid and watching people react to the beginning of Covid is always so crazy and scary
It's also called the Matthew principle, from Matthew 25:29 - "to those that have everything, more will be given; from those that have nothing, everything will be taken."
I used to count cards at the local amusement park when I was younger and they still had black jack there. Every Friday i'd go with a bit of cash, multiplying the cash enough to afford a really crazy drunken night afterwards. Worked like a charm since the amusement park dealers were just summer workers who dealt extremely slow. That place paid for so many weekends. :)
I used to play poker 2 times a week and basically supported my cocaine/crack habit for many years. I don’t miss the late nights and paranoia.😂
DO MORE CARD COUNTING 🙏🏼 I LOVE THIS
I learned and memorized Edward Thorpe's Beat the Dealer Card Counting book and the charts he included back in the early 90s. I lived 2.5 hours from Vegas. Me and my buddy would go every other week with about $300 each and make anywhere from $500 to $2000 on a 2 day trip. Worst case we'd break even and have a blast. But then later around 1997 they started changing all the rules, and raising minimum table bets, and the little advantages started disappearing. It was such a blast while it lasted for the little guy and the system worked! I remember showering the hotel bed with $20s and $100s. Now my $100 goes in 15 minutes unless I get on a positive count streak. Definitely need big bank rolls to play and expect to lose for a while as well.
I recognize that casino at 22 min in! You're definitely going to stick out like a sore thumb there 🤣
Steven, I have watched many similar vlogs about this subject, yours are a true art form, Keep them coming!
12:17 Shows how much the team was earning per hour. Approximately 30 hours = $15,000 = $500 per hour for the team = approximately $125 per hour per team player if there are 4 players.
I was in Vegas right before covid, maybe I saw you at the tables lol. Great video!
haahha you really could have!
As a former surveillance officer and a more recent semi pro baccarat player. I think you're a cool dude and I really like your videos. Also they do have facial recognition. It takes about 20 seconds to look you up.
there are some fairly easy thing you folks could do to delay the ID. I am surprised you didn't try them. That said, I do this video ! ! Especially since you show that it isn't all boxes of gold winnings :)
Isn’t there t shirts that help confuse the ai fit facial recognition???
There might be but to us it was just like taking a picture with a camera phone. We would put the gamer ID and how much we saw them buy in for and what they cashed out with. Then that data was shared in the network with all the casinos in the country
semi pro baccarat? that sounds interesting
That was the best ad for Nebula I've ever seen!
only my second video on your channel, and i love it. big fan here!
So stoked to see you’re killing it on TH-cam, despite the fact that for some reason I don’t recognize your videos when they pop up, despite eagerly awaiting them. I always catch them a day or two late 🤷♂️ Love them though! Keep up the great work brother!
Damn I rly love these videos. Thanks for making great content>
Thank you for watching and commenting!
What is the general attitude when someone looses money in a team? Is the blame put on the individual? I understand card counting has it's ups and downs, but would the other team mates feel let down if they have to pick up someone else's slack to meet the EV at the end or is there more of a "whatever happens, happens" mindset?
Great question! You can kind of get an idea of that when I'm showing the graphs and people are laughing. I'm actively blaming team mates for not doing well and they're laughing because they know it's not their fault.
But yeah, no one get's a hard time for losing. It's all about the EV not the AV.
Sometimes there's minor arguments about expenses. For example, one of our team mates missed his flight back so their was a debate about whether or not it should be a team expense to pay for the new one.
Basically, don't blame people for things they can't control. We do, perhaps hypocritically, tend to really celebrate wins as if it's the players doing. "YEAH MATE YOU DID IT!!!!!!!" when they win $30k or something.
Great vid man! Keep up the good work!
The stereotype of a cardcounter:
Chill dude, handsome af, knows his rights
Another reason to team up is the dispersion of heat - three people doing $1000 bets, especially if it's across three different casinos, will raise less flags than one person doing $3k bets in one spot.
Here from the jaackmate pod. Loved it
Thanks dude! 😃
@@stevenbridges had a thought while listening. Do you ever play online blackjack? and do you play think the 3 card poker hands are a good way to play as a casual blackjack player
I would always recommend all blackjack players avoid: any side bet & blackjack games that only pay 6:5 for blackjack.
Online blackjack is a video in itself 😃
love this series Steven!
Thanks so much Dougie!
LMFAO the fact that you didn't get a safety razor and just take the whole beard off. That's like saying, 'I've got blonde hair so i'm going to dye it for my disguise", then opting to dye it strawberry blonde.
Rewatching these videos. The best card counting videos on the internet.
Such enjoyable content, I really admire your commitment and dedication, keep up the good work!
Always compliment the security guards! In my experience, they will not do or say anything bad, but they can really help you(especially downtown) if you get in a sketch situation with that much money. Have tipped them previously as well if I didn’t feel comfortable and asked for a short escort
My general rule in life and in these situations is to treat everyone with respect and be friendly. There's never any benefit in being rude to security 😃
I would love to see a Blackjack game that pits card counters against each other to see who can win the most at the same table using the same decks/dealers.
Enough decks and counting over . Ask New Jersey counting is completely legal but so is adding decks and does 8 or 10 deck show frequent shuffling destroys counters advantage again just the facts.
Yeah I get all that @user-hm4wg6sh8c but I would love to see a Blackjack game that pits card counters against each other to see who can win the most at the same table using the same decks/dealers.
They started implementing continuous card shuffling machines during mid shoe at JACK in Cleveland. Pretty annoying if you ask me. They also lowered the blackjack payouts from 3:2 to 6:5. Unfortunately it's the only casino in town offering table games so they have consistently high table limits.
Hey steven thanks for posting these just had myself a loss of 220 at the casino and this makes it better and easier to handle
Basically what you see in this video is that you can be as good a card counter as you want, you still are guaranteed to often lose against the casino's odds. And you can lose insane amounts of money. So, unless you have unlimited money to start with, just don't gamble for a living.
Amazing series! I've binge watched it twice already. Eager for the next. :D
That's such an amazing experience. I mean, being in a casino when they're telling customers to finish their purchases.
Good video such a fine line between profit and loss even with a slight edge
My favorite video so far. Crazy drama!
Maybe you don't know this, but the casinos that ask for ID at $3000, are only doing that based on policy. You don't have to show them ID. You can decline and then they will pay you anyway, but put your description in their computer.
That's good to know, that rule confused me quite a bit.
This is so good. Hope to see more.
Maybe in person?
Well worth the month wait. Can definitely tell a lot of time went into making this video *perfect*
Thank you! I really try and respect the viewers time
Hide as many trade secrets as possible. Great videos and I like watching you beat "The Man" so keep on trucking!
Awesome video! Appreciate all the work you put into this!
The part that confuses me is how do you get comps and free stuff when most casinos seem to catch on quickly?
Because like it or not, they are only playing with a 1% margin at best.
The casino wants them to stay until they have a dip, then they kick them out.
In other words, remember when people were going negative 10-20k in his video... That's why the casino gives you a free $200 meal. They chose when you get kicked out. You cannot choose if you are negative or positive.
It changes the odds into the casinos favor.
Not saying your stupid but you act like it.
Great series tbf
Thank you dude!
Hey Steven! Love this series and your documentation of these experiences! I have a question though, you mention at the start that this Vegas trip was a couple of years ago, do you still actively count or have you moved on to other hobbies?
This guy is such a badass, like a movie character irl
How do you think face recognition technology will/ or does already affect you guys sneaking in casinos exchanging data?
They will stop you before you open the door with a high accuracy and nearly no effort from their security
Was there a mathematical “maximum” where you and the team would say “okay these profits are unprecedented lets stop here” ?
I would have liked to set a target. Only because, even though it's mathematically best to just keep playing... we only had a finite amount of time. So at $100k I would have been happy to stop.
But at the time, as you'll see in the video, our upswing was so fast that it felt silly to end the trip so soon. So we kept going.
If you ever did that how would you decide when to get back in? If you 'override' the model you're essentially no longer 'trading' the model and start getting into really dangerous territory.
I used to run some systematic trading models in an investment bank and it's remarkable how similar this is.
You have to trust the card strategy and run with it.
I guess the team play concept introduces a portfolio benefit where you improve your sharpe ratio because you're running more parallel games. Your theoretical max loss will be the same but the likelihood a lot lower and you can afford to either bet bigger or just have a smoother p&l..(.in theory 🤪🤪🤪)
@@ChrisLee-yr7tz it all depends on A) how much time the team of counters has to play at the tables. B) the amount of casinos they can hit, eventually you are known almost everywhere especially if you're forced to show ID to cash out for example.
C) the risk tolerance of the investors
D) absolute cost of the $$$. What can that money buy for you? A house, a vacation, retirement? If you can retire 20 years earlier if you stop at a highswing it's probably smart to back out at that point.
D) opportunity cost. You or investors might have other ways to get great returns on money.
@@ChrisLee-yr7tz i like the comparison with trading models. But just like with counting cards (eventually recognized everywhere, or can't live in the US forever due to personal life) the model will not stay optimal forever. Any (active) trading model eventually needs changing as factors in the world are changing.
@@SQERDOMOONLIGHT
I think all your points are valid considerations but I don’t think that was the thrust of the original question. They asked if there was a mathematical maximum and I can only guess from that that they were asking more on the basis of how the model was performing. I was really just getting at the fact that the cards have no memory of what’s already gone before, so whether you’ve an unusual losing streak or winning streak, it’s not really relevant. So trying to take decisions based on how recent performance has played out is a very bad way of looking at it.
Man this reminds me trading. I’ve been doing that for almost 6 years and you’re right on the money about being a professional loser. It’s a mental fight only few really experience when it’s your life’s work.
Nobody is more proud of being a card counter than Steven, seems weird to make a public TH-cam channel in your field of work, but to each their own.
Agreed like being a Drug dealer and putting all your drops on TH-cam 😂
They can spot a cricket on the streets of their casinos but my nan who has dementia walked around an entire city over night couldn't be found after leaving the nursing home.
I always thought about using my math skills card counting. I’ve gravitated toward no limit hold em to calculate odds bc as long as you’re playing advantageously with regard to the math, you’re guaranteed to win in the long run.
Really enjoying the videos. I normally watch / play poker, but this has made me a lot more interested in blackjack. I'm pretty confident in saything that there is zero chance I'd be skilled enough to card count :P
What is the meaning of saything?
@@skinovtheperineum1208 He meant to say 'saying' but probably his phone misinterpreted his voice.
@@kenbagwell8551 - Then let him explain it. No need to butt in where you are not wanted or needed. This holds true in real life as well. Do you ever hear your 'friends' humming Bob Dylan as you approach? (...."what a drag it is to see you"....)
@@skinovtheperineum1208 he meant to help explain the situation
@@markxv2267 - Then let him mind his own business. And you as well.
For those who don't understand why the casino gave them free meals and such.
The counters are playing with extremely slim margins that are volatile.
Let's say a the margin is 1% with a 50% chance of going positive and you kick out a counter as soon as you see them. This means on average the casino would lose 0.5% to counters.
However, you can mitigate this, you stop those that are negative instantly, and you let those who are positive play. The volatility will make some who were positive go negative (just like they only broke even after 6 days).
With the casino choosing when to kick you out, it makes the odds in their favor and they will not lose money over long periods of time.
Therefore the game is more around tricking the security rather than counting the cards. If you can let security to play while you are negative or losing you are more likely to win.
Great video Steven! Thank you for showing us the realities of card counting and that you don’t always win even with an edge over the house.
If you're not greedy you can clearly make bank but this video proves what greed can do!
damn dude this is amazing. I'm in an embarrassing amount of debt and it's incredible you can just go count cards and make this much money in a couple of days. unreal