James Grosjean

Last updated

James Grosjean is a gambling expert and author best known for his 2000 book Beyond Counting: Exploiting Casino Games from Blackjack to Video Poker. He became a professional player while studying as a graduate student at the University of Chicago's Department of Economics. Grosjean's book provides a mathematical treatment of various forms of legal advantage play in casino games. His latest book, Exhibit CAA: Beyond Counting provides information for playing modern casino games with an advantage.

Grosjean is well known in the gambling community for his legal victories over two major casinos and an investigative agency they employ. In 2005 he won a $599,999 jury verdict against the Imperial Palace (now The Linq) for an illegal detention (due to Nevada statute and ongoing appeals, the final amount is still undetermined). He also won jury verdicts including punitive damages against Caesars Palace and Griffin Investigations, the latter declaring bankruptcy as a result of the litigation. [1] Legal action is pending against four agents of the Nevada Gaming Control Board. His attorneys for these matters are Bob Nersesian and Thea Sankiewicz.

Grosjean is the youngest ever person to be inducted into the Blackjack Hall of Fame and continues to play blackjack around the world. He competed in the Ultimate Blackjack Tour, a televised 10-week series that aired on CBS.

Related Research Articles

<span class="mw-page-title-main">Blackjack</span> Gambling card game

Blackjack is a casino banking game. It is 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 family of card games also includes the European games Vingt-et-Un and Pontoon, and the Russian game Ochko. Blackjack players do not compete against each other. The game is a comparing card game where each player competes against the dealer.

<span class="mw-page-title-main">Casino game</span> Types of casino games

Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casino for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.

<span class="mw-page-title-main">Gambling</span> Wagering of money on a game of chance or event with an uncertain outcome

Gambling is the wagering of something of value on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration, risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.

<span class="mw-page-title-main">Card counting</span> Blackjack strategy used to determine advantage in upcoming hands

Card counting is a blackjack strategy used to determine whether the player or the dealer has an advantage on the next hand. Card counters are advantage players who try to overcome the casino house edge by keeping a running count of high and low valued cards dealt. They generally bet more when they have an advantage and less when the dealer has an advantage. They also change playing decisions based on the composition of the deck.

The MIT Blackjack Team was a group of students and ex-students from the Massachusetts Institute of Technology, Harvard University, and other leading colleges who used card counting techniques and more sophisticated strategies to beat casinos at blackjack worldwide. The team and its successors operated successfully from 1979 through the beginning of the 21st century. Many other blackjack teams have been formed around the world with the goal of beating the casinos.

Edward Oakley Thorp is an American mathematics professor, author, hedge fund manager, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain.

<span class="mw-page-title-main">Ken Uston</span>

Ken Uston was an American blackjack player, strategist and author, credited with popularizing the concept of team play at blackjack. During the early to mid-1970s he gained widespread notoriety for perfecting techniques to do team card counting in numerous casinos worldwide, earning millions of dollars from the casinos, with some bets as high as $12,000 on a single hand.

Griffin Investigations was once the most prominent group of private investigators specializing in the United States gambling industry; roughly half of the major casinos in the US once subscribed to Griffin's services. The company was founded in 1967 by Beverly S. Griffin and Robert R. Griffin.

John Ferguson, known by his pen name, Stanford Wong, is a gambling author best known for his book Professional Blackjack, first published in 1975. Wong's computer program "Blackjack Analyzer", initially created for personal use, was one of the first pieces of commercially available blackjack odds analyzing software. Wong has appeared on TV multiple times as a blackjack tournament contestant or as a gambling expert. He owns a publishing house, Pi Yee Press, which has published books by other gambling authors including King Yao.

"Black Book" is the nickname frequently used to refer to a list of people who are unwelcome in casinos. The name comes from the fact that the people listed are essentially blacklisted. The term can refer either to such a list officially maintained by a particular gaming control board or to the Griffin Book, whose information is shared among subscribing casinos. According to technologist Jeff Jonas, "Casinos face legal and financial risk if they let the wrong people play. People with gambling addictions can place themselves on exclusionary lists, and can actually sue casinos if they are allowed to place bets."

Arnold Snyder is a professional gambler and gambling author. He was elected by professional blackjack players as one of the seven original inductees into the Blackjack Hall of Fame which is hosted at Barona Casino for his record as a blackjack player and his innovations in professional gambling techniques. He was the first blackjack authority to publish the importance of deck penetration in card counting, in his 1980 book The Blackjack Formula. He was also the first blackjack researcher to publish that radical simplification of blackjack card counting systems did not hurt earnings.

Thomas Hyland is an American professional blackjack player and a 2002 inductee to the Blackjack Hall of Fame. Hyland studied political science at Wittenberg University in Springfield, Ohio. Since 1979, he has been recognized for his role in forming and managing two blackjack teams. Hyland is also a card counting expert.

Donald Schlesinger is a gaming mathematician, author, lecturer, player, and member of the Blackjack Hall of Fame who specializes in the casino game of blackjack. His work in the field has spanned almost five decades. He is the author of the book Blackjack Attack - Playing the Pros' Way, currently in its third edition, which is considered one of the most sophisticated theoretical and practical studies of the game ever written. In 2023 he and Dave Brolley coauthored, The Hi-Lo Card Counting System: A Complete Guide to Index Play.

<span class="mw-page-title-main">Blackjack Hall of Fame</span>

The Blackjack Hall of Fame honors the greatest blackjack experts, authors, and professional players in history. It was launched in 2002, and its physical premises are in San Diego, California.

Blackjack Forum was a trade journal for professional blackjack players, founded in 1981 and published by Arnold Snyder. Originally a 100-page quarterly journal, it expanded into an online forum which is frequented by professional gamblers, attorneys, industry people, mathematicians, and other aficionados. Along with Stanford Wong's Current Blackjack News, it was considered one of the major newsletters for the blackjack market.

Peter A. Griffin was a mathematician, author, and blackjack expert and is one of the original seven members of the Blackjack Hall of Fame. He authored The Theory of Blackjack, considered a classic analysis of the mathematics behind the game of casino 21.

Advantage gambling, or advantage play, refers to legal methods used to gain an advantage while gambling, in contrast to cheating. The term usually refers to house-banked casino games, but can also refer to games played against other players, such as poker. Someone who practises advantage gambling is often referred to as an advantage player, or AP. Unlike cheating, which is by definition illegal, advantage play exploits innate characteristics of a particular game to give the player an advantage relative to the house or other players. While not illegal, advantage play is often discouraged and some advantage players may be banned by certain casinos.

In card games, hole carding is the obtaining of knowledge of cards that are supposed to be hidden from view. The term is usually applied to blackjack but can apply to other games with hidden hole cards, like three card poker and Caribbean stud poker. So long as it does not involve the use of a device like a mirror or actions like touching the dealer's cards, in most jurisdictions hole carding is a legal form of advantage gambling. In some games, like stud poker, casinos normally have rules against rubbernecking or having a confederate stand behind an opponent to signal hole cards.

Shuffle tracking is an advantage gambling technique where a player tracks certain cards or sequences of cards through a series of shuffles. Shuffle tracking is typically done in blackjack games, although it can be done in other card games. Games with simple shuffles are generally easier to shuffle track than games with complicated shuffles. Thus, shuffle tracking is usually done in 6 or 8 deck shoe-dealt blackjack games, as these tend to have simpler shuffles compared to pitch games, due to the time required to accomplish a complicated shuffle on 6 or 8 decks of cards.

Al Francesco is an American blackjack player and gambling strategist. Considered to be “The Godfather of Blackjack”, Francesco is recognized as the creator of the team play concept, the “big player” strategy, and the drop card method. Beginning in 1971, Francesco personally recruited and trained disciplined card counters to work together in teams to beat the casinos. Franceso's teams of blackjack players would station themselves at various blackjack tables to count the decks, and when the mathematical odds turned in their favor, the counters would signal a “Big Player” to come to the table and place large wagers until the edge was lost and once again favored the dealer. While most card counters would eventually be discovered by casinos through their betting patterns and banned from further play, Francesco's unique team concept helped his players evade detection and continue winning.

References

  1. https://lasvegassun.com/news/2005/sep/13/griffin-book-producer-files-for-chapter-11-citing-/ Griffin book producer files for Chapter 11, citing suit