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Yes, there ARE a few gambling secrets that can help you beat the casino. In the nine years I worked at the Leelanau Sands Casino near Suttons Bay, Michigan, I saw a lot of hopeful schemes and ideas. Some of them even worked. Here are a couple examples.

Card Counting Secrets

Card counting is a technique for beating the house at the blackjack tables. If the deck is “rich” enough in face cards (10,J,Q,K), the odds tilt slightly in favor of the player. This has been proven statistically. The idea then, is to monitor the cards as they come out, and when the deck has many face cards left in it, bet more. If you bet less when the house has the edge, and more when you do, you can make money in the long run.

This is a simple explanation, and you need to study a good counting book (and practice) to make this work. Your play needs to be precise to really have the edge. One gentleman I dealt to for years would sit at the table for hours, almost always betting the $2 minimum. I watched as he shifted chips from one hand to another, his way of tracking the “plus or minus count.” Then, when the shoe (five decks of cards) happened to be rich enough in face cards, he would suddenly be betting two hands at $20 each.

I am fairly certain that he made money, but not much. Depending on how well you do it, and how many decks are used, you may only get a 1.5% edge on the casino overall. If between your minimum bets and the others you average $8 per hand, and the dealer deals 75 hands per hour, you’ll make about $9 per hour. That assumes you can tolerate alternating losing and winning days and hours of concentration. Betting more brings that hourly rate up, of course, along with the risk of bigger losing days.

Roulette Secrets

For years I watched people foolishly writing down the numbers that came up on the roulette wheel. I say foolishly, because their their theories were mostly nonsense. Most casinos will always welcome these players and even hand them the pen and paper.

There was one player, however, who was actually scientific about it. He found a bias in the wheel, after “charting” it for 5,000 spins. This means he simply wrote down every number that came up during that time.

Once he identified the bias, he made thousands betting on just one or two numbers. When a number comes up (the ball lands in that pocket), it pays 35 to 1. In this case, one of the numbers, because of manufacturing imperfections or whatever, was coming up 1 in 27 spins, instead of the average 1 in 38 spins (There are 38 numbers on most American wheels).

This guy bet $10 a spin, and he profited $90 for every 27 spins of the wheel in the long run (a $350 win minus 26 losing bets of $10 each). When I ran the wheel, I often was doing over 50 spins per hour, so if you can do the math you can see he was doing well. The ups and downs are dramatic though, so this isn’t for the faint-hearted. I watched this player lose $700 some nights, but he later confided that he profited over $80,000 before the casino changed the wheel.

Promotional Gambling Secrets

Learn to figure the odds. Casinos often give the edge away for various promotional reasons. If you know when the odds are in your favor, you can take advantage of these promotions. For example, one man made thousands betting the “money wheel,” which is normally the worst bet in the house. However, in this case the casino was selling $20 in tokens for $10, with no limit on purchases. The man played the tokens once each as required, then repeatedly cashed in the real chips he was paid with, and bought another $20 for $10. When the odds are in your favor, it’s investing, not gambling, and that may be the most important of these gambling secrets.

There have been many casino players throughout history who became famous as a result of gambling. Although the following persons did not necessarily achieve fame through gambling, they did nevertheless attract a significant degree public attention as a result of their gambling activities.

One of the first famous gamblers in the world was John Montagu, the Earl of Sandwich. He led a scandalous private life and was addicted to gambling. In 1762, he sat for over 24 hours at a gaming table in his home, refusing to attend meals. In desperation, a servant offered the Earl a piece of salted beef as food; the Earl suggested that the beef be encased between two slices of bread so that he could eat it in his hand at the table. This is where the sandwich got its name.

One of the West’s most famous gamblers was “Doc” Holliday, who maintained a fierce reputation as a hard drinker, tough fighter and ruthless killer. He is chiefly remembered for fighting alongside Wyatt Earp at the famous gunfight at the O.K. Corral.

“Wild Bill” Hickok was another American legend, renowned throughout the world for the tall tales surrounding his violent life. He’s chiefly remembered for taming two of the most lawless towns in Kansas. Unfortunately, Hickok made many enemies and his day of judgment came at a poker table. He was shot in the back of the head by an assassin and died clutching a pair of aces and a pair of eights; ever since, this particular hand has been known as the ‘Dead Man’s’ hand for obvious reasons!

Benny Binion was born in 1904 and lived his life as a bootlegger and conman. At the age of 43, he gave up his life of crime and moved to Las Vegas, where he later opened his own casino. Binion was the gambler’s gambler, and in the 1970s he bought and marketed the World Series of Poker tournament, which has grown over time to be the biggest in the world.

Magazine owner Kerry Packer made his name through his family’s media empire, which owns 60% of all magazines in Australia. Packer became known as a high-stakes gambler when he won $26 million playing blackjack at the MGM Grand in Las Vegas. However, Packer has not always been successful; he lost $16.5 million at the Crockfords casino in London, although this barely dented his $8 billion fortune.

The World Series of Poker tournament has created many famous gamblers of today. One such example is Johnny Chan, nicknamed “The Great Wall of China” after his amazing success winning the World Championships in 1987 and 1988 consecutively. He’s played in all the major games of the last two decades and is also known as a genuinely nice guy.

Although gambling is primarily a recreational activity, many people have approached it with a different mindset, and as a result, made and lost vast fortunes with it, while becoming famous along the way.