Don Johnson

Don Johnson is a professional American gambler, Blackjack player and former corporate executive born in Salem. He rose to fame when he beat Atlantic City Casinos and walked away with over $15 million over six months in 2011.

Don Johnson is one of the most famous names in modern advantage playing and not because he was some lucky high roller player. He used his PhD in Mathematicians to help develop a strategy. Furthermore, he gained an insurmountable amount of knowledge running a profitable Horse racing syndicate in Philadelphia Park which evolved into Parx Casino. This alone was enough to make him the success story he has become.

Don Johnsons Gambling Career

In the early 2000s, Johnson founded Heritage Development, a company that uses computer-assisted wagering programmes for horse racing. In 2010 he was invited to play at a high stakes Blackjack game. However, before accepting, he negotiated several changes to the standard game of Blackjack to gain the mathematical edge. Some of the changes included a 20% rebate on his losses, six decks and re-split of aces.

He also beat Tropicana out of close on $6 000 000, Borgata out of $5 000 000 and Caesars out of $4 000 000. His totals winnings were on $15.1 million, and the casinos felt the losses. Tropicana and Borgata didn’t ban him, but they stopped him from playing under specific conditions and limits, while Caesars banned him with immediate effect.

Conclusion

Don Johnson is what is referred to in the casino industry as a whale. Casinos earn 80% of their profits from these high rolling gamblers. However, Johnson did buck the loser’s trend and never cheated. Instead, he used mathematical elements and strategy. However, he has been penalized by many casinos due to his profitable strategy.

Phillip Jerome Hellmuth

Phil Hellmuth is a Professional Poker player from the USA. His rants and tirades like “I can dodge a bullet baby” and “If it weren’t for luck I’d win them all” are well-known, and earned him his nickname the Poker Brat.

He was born in Madison, Wisconsin on July 16, 1964, and had a troubled adolescence. He battled through school, and his friends were tough on him and said he was the “ugly duckling” of his family. After High School, he studied at the University of Wisconsin and finally dropped out after three years to pursue his Poker career.

He has never looked back and is the winner of fifteen World Series of Poker Bracelets.

Poker Career

In 1988, at the WSOP ( World Series of Poker ) Hellmuth came 33rd. He then became the youngest player to win the Main Event of WSOP at the age of 24 by beating the two-time defending champion Johnny Chan in heads-up play.

Thirteen of Hellmuth’s fifteen bracelets have been in Texas Hold ’em, and at the 1993 World Series of Poker Phil became the second player in WSOP history to win three bracelets in one WSOP. One of those bracelets were for winning the main event. Hellmuth’s live tournament winnings exceed $23 million, and as of January 2020, he is ranked 22nd on the All-Time Money List. Hellmuth is also the holder of the record for the most WSOP Tables as well as the most WSOP clashes overtaking TJ Cloutier.

Conclusion

Hellmuth is known for his Brat personality, especially after bad beats and is said to take his seat at Poker Tournaments a while after they have begun. All said and done he adds a whole lot of drama to the Poker game and has achieved incredible wins placing him amongst the best in the world of poker players.

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Alan Woods

Alan Woods

Alan Woods was a legend in the gambling Industry. He gambled professionally in Australia and Hong Kong and was considered by mathematicians to be the biggest gambler in the world.

He mainly focused on Blackjack and Horse Racing and worked with Bill Benter and Zeljko Ranogajec during his gambling career. He pioneered quantitive gambling by betting on Hong Kong horse races and gave Bill Benter the idea to bet on Horse Racing in Hong Kong.

Alan Woods Gambling Career

It’s by no means an overstatement to say Alan Woods was the gambler who started the horse racing betting. He did not place bets on gut feelings; instead, he decided to use the same algorithms that were successful in financial markets and made a fortune on horse racing. He did not develop this unbeatable strategy by himself, he had a team of advantage gamblers who collected data, and one of his partners was Bill Benter.

Their first year was catastrophic; the gambling duo lost more than $120 000, and it was one of the reasons the duo split. After the split, both gamblers went on to make hundreds of millions in the years to follow. He is known for his tremendous wins in betting on horse races but initially reached legendary status through card counting. He retired in 1982 to focus on horse betting in Hong Kong.

At the time of his death, his estimated net worth was AU$670 million. What many do not know is he used his gambling money for the greater good by investing in mental health research. Moreover, he donated millions of dollars to the Philippines to build orphanages, hospitals and schools.

Conclusion

Alan Woods left a considerable gap in the gambling world with his passing in 2008 from appendiceal cancer. He will always be known as the mathematical genius from Australia who used his super IQ and principles of quantitive gambling to win millions on Horse Racing.