John Ferguson (born 1943), 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.
Wong began playing blackjack in 1964 [1] while teaching finance courses at San Francisco State University and getting his Ph.D. in finance from Stanford University in California. Not content with the teaching life, Wong agreed to be paid a salary of $1 for his last term of teaching at the school in order to not attend faculty meetings and to pursue his gambling career.
The term "wong" (v.) or "wonging" has come to mean a specific advantage technique in blackjack, which Wong made popular in the 1980s.[ citation needed ] It involves watching the play of cards in a game without actually wagering your own money, until the count becomes advantageous, and then stepping in and playing only while the count remains in the player's favor, and then stepping out again. "Wonging" is the reason that some casinos have signs on some blackjack tables saying, "No Mid-Shoe Entry", meaning that a new player must wait until exactly the first hand after a shuffle to begin playing.
He has reviewed or acted as a consultant for blackjack writers and researchers, including Don Schlesinger and Ian Andersen.
Wong is known to have been the principal operator of a team of advantage players that targeted casino tournaments including Blackjack, Craps and Video Poker in and around Las Vegas. At the beginning of the team's operation Wong was the primary financier providing the travelling expenses and buy in stakes for the other players. [2] The current owner of the Las Vegas Advisor Anthony Curtis was among the members of this team.
Wong is a member of the Blackjack Hall of Fame.
In 1979, Wong began publishing monthly newsletters on the subject of blackjack. [3] These grew into one of the major journals for professional blackjack players, Wong's Current Blackjack News, ranking with Arnold Snyder's Blackjack Forum . As of 2007, Wong's newsletter is published via Wong's official website.
The journal contains information about rules and conditions of blackjack games in casinos in the United States and some other countries.
Stanford Wong's BJ21 has been online since 1997. It contains a free area and a restricted, subscribers-only area, called Green Chip. Every month, one message from the restricted area is selected by Wong as Post of the Month and its author wins a prize of $100. [4]
The record holder for most Post of the Month awards won is the blackjack expert known as MathProf, with a total of 16 wins. [5]
Wong wrote Wong on Dice which purports to show how the game of casino craps can be beaten through controlled dice throwing. Many blackjack experts are skeptical of Wong's craps claims, and this is a hotly disputed issue—unlike card counting in blackjack, which can be mathematically proven. Wong himself was initially skeptical of the proposition that dice can be controlled in craps.
The name "Stanford Wong" is a pseudonym; the author's real name is John Ferguson. His first choice for a pen name was "Nevada Smith," but that name had been taken. "Stanford Wong" was selected by a friend in the PhD program by taking his alma mater as his first name and an Asian last name to provide the "mystique of the Orient". [6] [7]
Stanford Wong Video Poker was published in 1990 by Villa Crespo Software. [8]
Wong lives in La Jolla, California with his wife. They have two grown children who are both college graduates and married. Wong's company Pi Yee Press is now based in Las Vegas. [9]
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 of casinos for entertainment purposes, like in parties or in school competitions, on machines that simulate gambling.
Pai gow poker is a version of pai gow that is played with playing cards, instead of traditional pai gow's Chinese dominoes. The game of pai gow poker was created in 1985 in the United States by Sam Torosian, owner of the Bell Card Club.
Casino chips are small discs used as currency in casinos. Larger, rectangular gaming plaques may be used for high-stakes games. Poker chips are also widely used as play money in casual or tournament games, are of numismatic value to casino chip collectors, or may be kept as souvenirs.
Card counting is a blackjack strategy used to determine whether the player or the dealer has an advantage on the next hand.
Stuart Errol Ungar was an American professional poker, blackjack, and gin rummy player, widely regarded to have been the greatest gin player of all time and one of the best Texas hold 'em players.
Russ Hamilton is an American poker player. He was the 1994 World Series of Poker main event champion, defeating Hugh Vincent in heads-up play to win $1 million in first-prize money as well as his body weight in silver. Following his World Series win, Hamilton served as a consultant for Ultimate Bet, an online poker server. In 2008, the Kahnawake Gaming Commission found Hamilton largely responsible for cheating players on Ultimate Bet out of $6.1 million through software that allowed access to opponents' hole cards. In 2009, Kahnawake increased the $6.1 million estimate to $22,100,000.
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. Borgata opened in July 2003 and is the top-grossing casino in Atlantic City.
Breaking Vegas is a television series that premiered on The History Channel in the United States in 2004. The series covers the great lengths people have gone to make money, sometimes illegally, from casinos.
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.
Frank Scoblete is an American author who has written both under his own name and King Scobe about casino gambling. Referred to by The Washington Post as "a widely published authority on casino games," his books include Beat the Craps out of the Casinos, Golden Touch Blackjack Revolution, and Beat the One-Armed Bandits. He has written and appeared in television documentaries such as the "What Would You Do If ...?" program on The Travel Channel, written numerous columns for gambling magazines and websites, and produced a series of videotapes and DVDs, with most of his work being about the games of craps and blackjack.
BARGE, the Big August Rec.Gambling Excursion, is a yearly convention held in Las Vegas during the summer, usually a weekend in late July or the first weekend of August. It consists of a series of tournaments both of poker and other gambling games, as well as a banquet and a host of informal social and gambling activities organized by attendees. Some of the well-known poker players who have participated either as speakers or players in the no limit holdem tournament include: Howard Lederer, Chris Ferguson, Phil Hellmuth Jr, Greg Raymer, Mason Malmuth, David Sklansky, Mike Caro, Matt Matros, Linda Johnson, Phil Gordon, Paul Phillips, Andy Bloch, William Chen, Doyle Brunson and many others.
King of Vegas was a gambling series that first aired on Spike TV in the United States on January 17, 2006. It was hosted by boxing commentator Max Kellerman and co-hosted by handicapper Wayne Allyn Root, who gave color commentary and his odds-on favorites for each game. The tournament director was Matt Savage, who has also directed tournaments at the World Series of Poker.
The table limit is the minimum and maximum bet that a gambler can make at a gaming table. It is a form of yield management in that the limits can be changed to optimize the profit from a gaming table. Gaming tables have a limited resource to sell: the seats used by the players.
Henry Tamburin is a gambling author with a background in mathematics and a doctorate in chemistry. He is best known for his book Blackjack: Take the Money and Run which explains basic blackjack strategy, managing a bankroll, side bets and advanced tactics like card counting.
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.
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 practices 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 may result in players being banned by certain casinos.
Anargyros Nicholas Karabourniotis, commonly known as Archie Karas, is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he drove to Las Vegas with $50 in December 1992 and then turned a $10,000 loan into more than $40 million by the beginning of 1995, only to lose it all later that year. Karas himself claims to have gambled with more money in casinos than anyone else in history and has often been compared to Nick the Greek, another high-stakes gambler of Greek origin.
Mike Goodman was an American professional gambler, a pit boss for a Las Vegas casino, and an author of books that gave advice on gambling and told stories of gamblers and their escapades. He is most known for his 1963 book How to Win: At Cards, Dice, Races, Roulette, which went through many printings and sold over a million copies.
Four Horsemen of the Apocalypse is the name given by gambling authors to the four U.S. Army engineers who first discovered in the 1950s the best playing strategy in the casino game of Blackjack that can be formulated on the basis of the player's and the dealer's cards. The so-called Basic Strategy, which was subsequently refined through the use of computers and combinatorial analysis, loses the least money to the casino in the long term.