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The best Atlantic City casinos are the places to go for gambling.. and high payouts (Caesars has toasted two $1 million winners already).
Casinos' Blackjack Payouts Drop From 3-to-2 Rate to Just 6-to-5. Atlantic City Casino Heist Nets 2 Fleeing Robbers $180K in Cash.
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blackjack payout atlantic city He set them up perfectly.
As if sitting in a basement poker game, Don Johnson played the pigeon, hoping to lull his competitor into a false confidence and a bad beat.
He was up against a billion-dollar Atlantic City casino.
The game was blackjack.
And the stakes were huge.
Wearing his humble hoodie and a baseball cap, the Bensalem, Pa.
He had called ahead to make sure they would reserve a table just for him.
Ambling into the elegant private enclave reserved for big bettors, Johnson settled in to play the patsy in front of sharp-eyed pit bosses.
Over the course of 12 hours, he took advantage of all the freebies the casinos ply their gamblers with, especially alcohol.
When the cocktail waitresses made their rounds — clad in sleek, black link outfits, dark stockings and high heels — Johnson drank, and did it liberally, insiders said.
He played alone, surrounded by casino guards.
Gawkers were shooed away.
Johnson faced off against the black-vested dealer, who shuffled from a shoe of eight 213 blackjack />He had from one to three running most of the time, depending on the flow of the cards.
He also knew that if he wound up in the red when he finally called it quits, the casino would knock 20 percent off his blackjack payout atlantic city — an astounding perk he had negotiated with the Tropicana before making the trip there.
Johnson had set the hook.
THE marathon session lasted 12 hours and contained all the ebb and flow of a typical blackjack game.
Until, that is, Johnson was able to string together a streak of astronomical odds — taking more than 40 hands in row, according to a source.
The chance of winning that many consecutive blackjack hands are 1 in 47,217,280,736,393,700, said Michael Shackleford, a Las Vegas gaming expert who runs the Wizard of Odds Web site.
But the damage was done — that month, April, the casino posted a loss in its blackjack earnings.
In the 33 years that gambling has been legal in Atlantic City, it was only the sixth time any hotel reported a monthly blackjack loss.
The Tropicana should have known to be wary of Johnson.
It was the place to stay in the 1920s, and Harry Houdini and Sir Arthur Conan Doyle once famously shared a séance there.
Monthly revenue figures released Friday had all 11 casinos reporting revenue declines compared with May 2010.
When Pennsylvania began allowing slot machines there, we saw an immediate drop in our slots revenues.
An anemic industry even halted work on the Revel Casino, a billion-dollar project started in 2007 that was meant to revitalize a tired blackjack payout atlantic city of boardwalk the same way the Borgata resurrected the Marina District 10 years ago.
Instead, the project floundered, and construction stopped altogether in 2009, when financing dried up.
In February, New Jersey Gov.
THE double-whammy has left Atlantic City casinos — and the Continue reading in particular — ripe for a drubbing at the blackjack dasmehdi of an experienced player like Johnson, who negotiated for rebates and conditions that gave him enough of an edge to take down the house.
A beginner blackjack player has blackjack payout atlantic city a 46 percent chance of winning any given hand, Shackleford said.
He would have had a very good sense of what cards were played.
Not long after taking that second hit, the Tropicana announced a new strategy for bringing in crowds — female blackjack dealers donning bustier-like outfits that reveal deep cleavage.


Atlantic City Blackjack


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New Jersey is a state very flexible with blackjack rules. The state. As previously mentioned, the state allows both 3:2 and 6:5 payouts when dealt a natural blackjack. Here are. The first casino to deal blackjack in Atlantic City was Resorts.


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Total 9 comments.