Don Johnson (born 1962) is a professional

blackjack Blackjack (formerly Black Jack and Vingt-Un) is a casino banking game. The most widely played casino banking game in the world, it uses decks of 52 cards and descends from a global family of casino banking games known as Twenty-One. This fami ...

hustler and former corporate executive who beat

Atlantic City Atlantic City, often known by its initials A.C., is a coastal resort city in Atlantic County, New Jersey, United States. The city is known for its casinos, Boardwalk (entertainment district), boardwalk, and beaches. In 2020 United States censu ...

casinos for over $15 million during a six-month period in 2011.

Gambling

At age 30, Johnson was hired to manage Philadelphia Park, a racetrack that evolved into the

Parx Casino Parx Casino and Racing (formerly Philadelphia Park Racetrack and Casino) is a Thoroughbred racing, thoroughbred horse racing venue and the largest casino gaming complex in Pennsylvania. Parx is located in Bensalem Township, Pennsylvania, Bensalem ...

. After managing that and other racetracks, he served as a state regulator in Oregon, Idaho, Texas, and Wyoming. In the early 2000s, he founded Heritage Development, a Wyoming-based company that uses computer-assisted wagering programs for horse racing. During the

financial crisis of 2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

, casinos became desperate to entice

high roller A high roller, also referred to as a whale or cheetah, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish " comps" from casinos to lure them onto the gambling floors, such as free private jet transfers ...

s. In 2010, Johnson was made offers to play at the highest stakes. He negotiated several changes to standard casino blackjack in order to gain a mathematical edge. These changes included dealers being forced to stay on soft 17, a 20% rebate where casino would refund 20% of his losses (20 cents to every dollar) for losses exceeding $500,000, six decks, re-split aces, and others. During a 12-hour marathon at the

Tropicana Tropicana may refer to: Companies *Tropicana Entertainment, a former casino company that owned several Tropicana-branded casinos *Tropicana Products, a Chicago-based food company known for orange juice Hotels and nightclubs *Tropicana Casino & Re ...

, Johnson recalls three consecutive hands where he won $1.2 million, including one hand where he profited $800,000. Johnson bet $100,000 and was dealt two eights, which he split. Surprisingly, another two eights came, and he split again, wagering a total of $400,000. He was then dealt a three, a two, another three, and another two on the four hands, allowing him to double down on each hand. He was now wagering a total of $800,000. The dealer busted and Johnson ended up winning $800,000 in profit. Under these conditions Johnson was able to beat Tropicana out of nearly $6 million,

Borgata Borgata Hotel Casino & Spa is a hotel, casino, and spa in Atlantic City, New Jersey. It is owned by Vici Properties and operated by MGM Resorts International. The casino hotel features 2,798 rooms and is the largest hotel in New Jersey. Borga ...

out of $5 million, and Caesars out of $4 million. His total profits neared $15.1 million and seriously hurt casino profits. Though not banned from Tropicana and Borgata, the two casinos stopped Johnson from playing under those conditions and limits, while Caesars effectively banned him from playing.

References

{{DEFAULTSORT:Johnson, Don 1962 births American gamblers American blackjack players Living people People from Salem, Oregon