Modern Wisdom #687 - Steven Bridges - The Most Dangerous Stories From A Professional Card Counter
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Sep 30, 2023 Professional gambler Steven Bridges, part of a card counting team, discusses strategies and experiences in taking on casinos. Topics include choosing casinos, best/worst places to play in Vegas, money made and lost, dealing with losses, difficulty of card counting, team dynamics, avoiding detection, and confrontations with casino staff. They also share suspenseful adventures in the Bahamas, maintaining disguises as a card counter with a YouTube channel, and the network of fans and enemies in the casino world.
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Initial Funding
- Steven Bridges recounts how he initially secured funding for card counting through a friend's mortgage.
- This reckless approach, though successful, highlighted the financial risks involved in professional gambling.
Team Structure and Payment
- Card counting teams often operate like temporary companies, distributing winnings among investors and players.
- Players are typically paid based on playing time, not individual winnings, to account for the inherent variance in gambling.
Big Player Team Strategy
- Bridges describes different team setups for card counting, including solo play and big player teams.
- The big player team involves spotters signaling a big player to join a table with a favorable count, minimizing betting discrepancies.