πŸ– High rollers, in casino lingo -- Crossword clue | Crossword Nexus

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This clue you are looking the solution for was last seen on Premier Sunday Crossword May 3 Rugs between casino high rollers?


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Genting has found the UK casino market an awkward place. It bought Crockfords in and, encouraged by Tony Blair's Labour government.


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This time we are looking on the crossword puzzle clue for: Rugs between casino high rollers?. it's A 33 letters crossword definition. Next time.


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The crossword clue 'Rugs between casino high rollers?' published 1 time⁄s and has 1 unique answer⁄s on our system. Check out 'Premier.


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At our site you will find all Rugs between casino high rollers? crossword clue crossword clue answers and solutions. All LA Times Daily.


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It hurt. When you add gaming tables or slots at a fancy new venue like Revel, or like the Borgata, which opened in , the novelty may initially draw crowds, but adding gaming supply without enlarging the number of customers ultimately hurts everyone. By late , the discounts at some of the strapped Atlantic City casinos began creeping upward, as high as 20 percent. He started to learn a lot about gambling. Johnson was in charge of day-to-day operations, including the betting operation. Who could? He had beaten the casinos fair and square. But the story was even bigger than that. Pennsylvania is likely to supplant New Jersey this year as the second-largest gaming state in the nation. In his best years as a professional jockey, he was practically skeletal. A tlantic City did know who Johnson was. The wagering of card counters assumes a clearly recognizable pattern over time, and Johnson was being watched very carefully. Whenever the racily clad cocktail waitress wandered in with a fresh whiskey and Diet Coke, he took it from the tray. He was the only Atlantic City casino executive who agreed to talk to me about Johnson. When revenues slump, casinos must rely more heavily on their most prized customers, the high rollers who wager huge amountsβ€”tens of thousands or even hundreds of thousands of dollars a hand. D espite his pedestrian attire , Don Johnson is no average Joe. He drew a 10, so the two cards he was showing totaled This was a good bet: since all face cards are worth 10, the deck holds more high cards than low. Because the casino values high rollers more than the average customer, it is willing to lessen its edge for them. Two cards are placed faceup before the player, and two more cards, one down, one up, before the dealer. They negotiate. When his second hand was dealt a two, he doubled down on that, too. Card counters seek to gain a strong advantage by keeping a mental tally of every card dealt, and then adjusting the wager according to the value of the cards that remain in the deck. He was just getting started. More useful, for his purposes, is running a smaller number of hands and paying attention to variation. He has served as a state regulator in Oregon, Idaho, Texas, and Wyoming. Dozens of spectators pressed against the glass of the high-roller pit. For the casino, the art is in telling the skilled whales from the unskilled ones, then discouraging the former and seducing the latter. He stood 6 foot 1 and weighed only pounds. An ordinary guy in a red cap and black hoodie had struck it rich, had beaten the casinos black-and-blue. A session of, say, hands will display wider swings, with steeper winning and losing streaks, than the standard casino charts. At the height of his hour blitz of the Tropicana casino in Atlantic City, New Jersey, last April, he was playing a hand of blackjack nearly every minute. Johnson had not played a game at the Borgata in more than a year. Little interferes with his concentration. What gives Johnson his edge is his knowledge of the gaming industry. His body quickly assumed more normal proportions, and he went to work helping manage racetracks, a career that brought him to Philadelphia when he was about He was hired to manage Philadelphia Park, the track that evolved into the Parx casino, in Bensalem, where he lives today. He had been trying to figure out its blackjack game for years but had never been able to win big. Fifteen million dollars in winnings from three different casinos? It seemed a fantasy come true, the very dream that draws suckers to the gaming tables. For most people, though, the newspaper headline told a happy story. You play against the house. The software his company employs analyzes more data than an ordinary handicapper will see in a thousand lifetimes, and defines risk to a degree that was impossible just five years ago. But he was not considered good enough to discourage or avoid. How did he do it? By April, combined monthly gaming revenue had been declining on a year-over-year basis for 32 months. He worked with a physician to keep weight off, fighting his natural growth rate with thyroid medication that amped up his metabolism and subsisting on vitamin supplements. The first and most obvious suspicion was card counting. He was neither nervous nor excited. He does not just walk into a casino and start playing, which is what roughly 99 percent of customers do. The tactic requires both great memory and superior math skills. The towers of chips stacked in front of him formed a colorful miniature skyline. When this happened to Johnson, he knew the ground rules had skewed against him. The regimen was so demanding that he eventually had to give it up. But the vast majority of players lose, and the longer they play, the more they lose. So it was no longer worth his while to play there.{/INSERTKEYS}{/PARAGRAPH} In most states but not New Jersey , known practitioners are banned. Johnson says he was once dealt six consecutive aces at the Mohegan Sun casino in Connecticut. The way any discount works, you have to lose a certain amount to capitalize on it. {PARAGRAPH}{INSERTKEYS}D on Johnson finds it hard to remember the exact cards. As another skyscraper of chips was pushed into his skyline, he signaled for the next hand. It was a growth industry. Made famous in books and movies, card counting is considered cheating, at least by casinos. Many casinos sell laminated charts in their guest shops that reveal the optimal strategy for any situation the game presents. Beyond the usual high-roller perks, the casino might also sweeten the deal by staking the player a significant amount up front, offering thousands of dollars in free chips, just to get the ball rolling. To look at him, over six feet tall and thickly built, you would never guess that he was once a jockey. The player still loses. For one thing, he is an extraordinarily skilled blackjack player. Almost everyone knows them. But even though he has been around the gambling industry for all of his 49 years, Johnson snuck up on Atlantic City. When casinos started getting desperate, Johnson was perfectly poised to take advantage of them. The basics of blackjack are simple. High rollers are lured with free meals and drinks, free luxury suites, free rides on private jets, and … more. Arrayed on the table before him were the four eights. He had the money to wager big, he had the skill to win, and he did not have enough of a reputation for the casinos to be wary of him. The headline in The Press of Atlantic City was enough to gladden the heart of anyone who has ever made a wager or rooted for the underdog:. The goal is to get to 21, or as close to it as possible without going over. As good as he is at playing cards, he turns out to be even better at playing the casinos. But two years ago, Johnson says, the casinos started getting desperate. The way averages work, the larger the sample, the narrower the range of variation. All of these gambling houses were already hurting, what with the spread of legalized gambling in surrounding states. The industry pays close attention to high-level players; once a player earns a reputation for winning, the courtship ends. Nobody gets that lucky. Johnson was on an amazing streak. With their table-game revenues tanking and the number of whales diminishing, casino marketers began to compete more aggressively for the big spenders. For Johnson, the game began before he ever set foot in the casino. The new Parx racetrack and casino in Bensalem, Pennsylvania, a gigantic gambling complex, is less than 80 miles away from the Atlantic City boardwalk. Compared with horse racing, the odds in blackjack are fairly straightforward to calculate. Scanning the cards on the table before him, the player can either stand or keep taking cards in an effort to approach His next two cards, surprisingly, were also both eights, so he split each again. The last thing a skilled player wants is a big reputation. About a decade ago, he founded a business that does computer-assisted wagering on horses. He is a veteran player. Johnson won all four hands. Hard times do not favor the house. Word spreads when the betting is that big. Caesars had cut him off, he says, and then effectively banned him from its casinos worldwide. The marketers present casinos as glamorous playgrounds where workaday worries and things like morality, sobriety, and prudence are on holiday. Some wear disguises when they play.