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Not only was he successful using it in real-world situations, he was the one who invented the original system. Thorpe was introduced to Blackjack in the 60s by a friend, Claude Shannon and after playing a few hands in Vegas he became convinced that there was a mathematical way in which the player could gain an advantage.
He started to systematically study an examine each and every facet of he game and in the end he came up with a system that is the basis of pretty much every card counting methods even today.
Thorp delved into the life of a professional gambler. After making piles of money as a professional gambler, Thorp applied his mathematical genius to the stock market and made a huge fortune in securities and hedge funds.
Due to his dominance over the casinos and revolutionary thinking, Thorp was one of the first seven inducted into the Blackjack Hall of Fame. Shuffle tracking is an advanced advantage gambling technique used in conjunction with card counting.
As the name suggest it is all about keeping track of certain cards or series of cards through subsequent shuffles. Advantages of shuffle tracking.
Disadvantages of shuffle tracking. Additional information, how to and tutorial. A real professional gambler that used shuffle tracking.
Arnold Snyder is a professional gambler and gambling author. He was elected by professional Blackjack players as one of the seven original inductees into the Blackjack Hall of Fame which is hosted at Barona Casino in California.
He received the nomination for his record as a Blackjack player and his innovations in professional gambling techniques. However, shuffle tracking is widely recognised as a too-hard-to master and too error-prone method for any professional gambler to exploit systematically and profitably in the long run.
Snyder is still authoring and still gambling to this date, however, whether he actually uses shuffle tracking is unknown.
Dice control also called controlled shooting and dice setting is an advantage gambling method used in casino craps games.
Proponents of dice control claim that by using a variety of techniques, one can influence the outcome of a dice toss, and one can overcome the house advantage.
Advantages of dice control. Disadvantages of dice control. A real professional gambler that used dice control. Professional Gambler Dominic LoRiggio.
The method involves setting the dice a certain way, gripping them precisely, tossing them so they stay together in the air, then having them land as gently as possible against the back wall of the craps table.
He began professional gambling with fellow dice control aficionados in the team known as Rosebud, and together they were the first to attack the Vegas strip with their specialised way of shooting.
LoRiggio eventually left the group because he felt their steadfast adherence to conservative betting was restraining him from making serious money.
He teamed up with famous professional gambler and writer Frank Scoblete, and using controlled shooting they have claimed to have won thousands of dollars at various casinos.
Although nothing LoRiggio has ever done is illegal, thanks in large part to him many casinos now identify controlled shooters and will force them to shoot the dice using different mechanics.
However, its months — perhaps years — of practice to master dice control. Every roulette table is manufactured to precise and strict standards.
However, in reality each roulette table is unique and there are slight differences between them. Older roulette tables can have a bias towards a certain number or zone.
Finding and exploiting this bias is called wheel bias. Advantages of wheel bias. Disadvantages of wheel bias. A real professional gambler that used wheel bias.
Gonzalo Garcia Pelayo — the inventor of the wheel bias advantage gambling method. In the early s, Gonzalo Garcia-Pelayo, who, was at that time a record producer, and certainly not a professional gambler hunched, that casino roulette wheels were not perfectly random.
He was not the first one to suspect, but he was the first one to actually prove, that small differences between roulette wheels can be taken advantage of.
By recording the results and analysing them with a computer, he could gain an edge on the house by predicting that certain numbers were more likely to occur next than the 1-in odds offered by the house.
He used this method at the Casino de Madrid in Madrid, Spain, winning , euros in a single day, and around one million euros in total.