Risk of Ruin

From Blackjack to Black Monday

Feb 8, 2023
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ANECDOTE

Joining Francesco's Big Player Team

  • Blair joined Al Francesco's blackjack team and borrowed money to buy into the bank for his first trip.
  • The team used counters and 'big players' with hand signals to hide advantage play and maximize bets.
INSIGHT

Drawdowns Are Inevitable

  • Losing streaks are inevitable even with an edge, so bankroll sizing and bet scaling are critical.
  • Discipline to cut bets after big drawdowns separates successful players and traders.
ANECDOTE

Early Blackjack Tech And Principles

  • Blair knew Keith Taft and used one of the Tafts' early blackjack computers in shoe games, signaling via a buzzer.
  • He disliked whole-card play and preferred shuffle tracking and counting as 'honest' techniques.
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