Don has such a pleasant voice and friendly way of speaking. He seems like a great guy to just sit down with, have a couple of beers and just chit chat about random gambling topics.
Thank you so much for this interview. Loved the documentary with him awhile ago. Now two of my favorites in one interview is awesome. Keep up the awesome content Colin.
Truly fascinating and honest. Good to hear the gambler is not complaining non stop about the business model. Also Colin, your interview style is perfect, you ask questions and let the interviewee speak. Not like todays average interviewer who seem to feed the interviewee with answers and words.
Mirror some comments, but true, really like Don and his story and actually what Don is doing today, as well as Colin and his team. Thank you for sharing, this is a FANTASTIC interview and another learning tool. Thank you
Hooray for the mentorship program and the work they are doing to give a boost to young people trying to find their way to life and happiness! This is the future we should all be working towards.
I like this guy. Talks about being honest and the impotance of honesty, but not like the mob guys that found a career on podcasts and talk about respect like its their middle name. Great video.
I'm really proud of everything I've learned and how much I've built my bankroll over the course of going on four years. It feels like a lot, but then stories like this humble me. I cannot imagine $1M in a year. $15M in even less time is insane.
Wow, what a stellar interview this guy is a legend, I've always wanted to know what kind of AP was going on at that level, I've seen documentaries about him and I always figured he had some kind of edge figured out. Also what a high note of praise for Colin and everyone at BJA that Don said they're stuff is really on point. Bravo!
Probably got spotted by some veteran employee at Hardrock who used to work at the Trop. Casino management (probably not table games people) just had no idea.
Wow, I didn't know what Don Johnson looked like before this video but I do know I've seen that man playing $500 hands of blackjack at Paris on the strip. He was getting a massage at the table and seemed emotionless about wins or losses.
watched that video with Trish Regan about ten times. Glad to see him on BJA. It was you gamble 2000, Jim Murren said, he can comp you about $80.00 worth of stuff. From my years of playing its more like they have a chart on you, figure if you gamble from $2,000-$3000 you will probably get your room comped and some beverage and food credit. At Don's level, sky's probably the limit, but he's right over the years, corporate has tightened things up quite a bit. Learn so much from BJA and LVA. Dave
The rebate works simply. First he found casinos with good high limit rules (he said he can get as low as 0.2% house edge, so basically a coin flip). Then He negotiated that if he lose 500k, he would be able to get 22.5% of that lost back, for simplicity sake, lets day 100k. But you still lose 400k, how do you make money. But lets say you go 2 days. day 1 you win 500k, day 2 you lose 500k. This is pretty likely, especially if the rules make it a coin flip anyways. Normally you would be even, but with the rebate, you would be 100k up. The key is to play very aggressively. You are a little bit negative on every hand, so you want to win or lose 500k in as few hands as possible. This way, you can maximize the rebate returns.
I was playing blackjack this past summer at Tropicana in AC. During shuffles I realized I was sitting right next to the entrance of the high limit room where he was playing with people watching through the glass .
He has very varied circles of friends, so I hope he had a fun and interesting life in more ways than just the gambling. On the other hand, most of the gamblers I know with interesting friends, pretty much only know them in gambling settings. As he said, you know you're just a gambling buddy when you don't even get invited over when they're flipping burgers in the back yard for their neighbors.
Forget Blackjack playing...you can be the best podcaster on YT...Like Lex Friedman 2.0! I love how genuine your interest to learn something new and you are so charming without being fake. Dan Brazilian drives me crazy. So pretentious and not real..at all.
Interesting, he seems pretty real and straight forward especially after reading his book and seeing all the people give their version of the story told.
The bankroll is less important than the knowledge. Small bankrolls can grow with the right choices, but even a large one will go bust if they don't understand how to manage it or how to AP correctly. That said, very few people have the bankroll to do exactly what Don did here.
@@Blackjackapprenticeship No kidding, with all the built in advantages Johnson had in his game, a positive EV was definitely in play here, I'm surprised the casino ever went for his action and that 20% return on losses didn't hurt either. Where are the best BJ games now, any favorites?
Gotta love dealer errors, I've seen EZ Bac forget that 3 card 7 dealer is a push because no commission (is that a 5% player benefit?) Another good one was dealer paying the ante when he didn't qualify in UTH. For blackjack, mispays and being willing to cut off only half a deck in 8 deck were about it; but other dealers would lecture you for accepting a mispay (weeks after, I haven't been to a casino in years.)
Hey Collin. I don’t know if you have ever talked about this but are there any bet progressions for a super negative count? I feel like when the count gets really bad I tend to win since I know little numbers are ahead. I was thinking about starting to increase my bet during these times to take advantage if there is any. I hate having to count 4-5 hrs and wait for that good count. Please let me know if anyone has ever figured this out completely.
The only useful thing you can do during a negative count is not play. The more you bet with a disadvantage the more you will lose in the long run. You can't create an advantage by changing your betting.
Simply the math that if you're going to lose more than you win, you will not win in the long run - which makes sense. You don't begin to win more than you lose until +1TC in most games. Thats why bet spreads start increasing at +1 and continue as the count rises to take advantage of larger edges.
@@Blackjackapprenticeship gotcha thanks. Do you know if this has been a thought across many counters in the past? I’m sure it has been can’t find much online
We're a little biased towards our own app if you're trying to train and learn strategy and deviations. If you're just looking to play for fun then ours won't be what you're looking for.
I find it funny that he’s finally admitting he’s an AP when year after year he never brought up card counting. He always said winning at Bj is way more than just card counting. Colin you know better there’s no such thing in math as positive variance, it’s still considered variance which is the distance from true mean that you will eventually hit.
AP is simply an advantage player, there are APs all over for all types of games and methods to gain advantages. Don just took advantage of the massive loss rebates casinos offered to get him in the door.
Back when the coin shortage was going on the casino was offering to pay you 20 percent free play on change you brought in with no limit for any us coins so I was bringing in $4000 per day of Susan b Anthony coins and 50 cent pieces ,so I was getting $800 of free play per day ,I was just retired and the wife said no your not going to do that so I started giving her a $100 per day out of my winnings ,I was averaging about $600 per day ,this lasted for 6 weeks ,man I loved betting on their money
INteresting story- but until I see his I.R.S. tax forms showing the winnings, I reserve judgement. He would have had a wopper of a tax bill. Would love to see his 1040.
Don has such a pleasant voice and friendly way of speaking. He seems like a great guy to just sit down with, have a couple of beers and just chit chat about random gambling topics.
I’ve always been curious about this guy’s story and how he made his 15 million. Finally a long interview, thanks Colin!
Yeah, its about time we see the full story.
I would like 15 million that’s for sure! lol
Yeah Colin, this is a great contribution to the blackjack community. Thanks!
Thank you so much for this interview. Loved the documentary with him awhile ago. Now two of my favorites in one interview is awesome. Keep up the awesome content Colin.
Thanks!!!
Truly fascinating and honest. Good to hear the gambler is not complaining non stop about the business model. Also Colin, your interview style is perfect, you ask questions and let the interviewee speak. Not like todays average interviewer who seem to feed the interviewee with answers and words.
I love the fact he knew something was up when he saw who phil was with and just yolo'd in.
The legend, so awesome to have this length of an interview, thank you both! Fantastic insight!
Wow, this guy has so much charisma and is a clear communicator. He could succeed at most professions.
Mirror some comments, but true, really like Don and his story and actually what Don is doing today, as well as Colin and his team. Thank you for sharing, this is a FANTASTIC interview and another learning tool. Thank you
Thanks Colin, guys a true stud !
Great interview! I could listen to Don talk all day. Please do more of these interviews :)
Thanks for this episode! The production and quality is excellent.
Glad you enjoy it!
Hooray for the mentorship program and the work they are doing to give a boost to young people trying to find their way to life and happiness! This is the future we should all be working towards.
This has been the best video on this channel IMO
I like this guy. Talks about being honest and the impotance of honesty, but not like the mob guys that found a career on podcasts and talk about respect like its their middle name. Great video.
Great stuff guys. I had heard his name and story before, but this is the first good interview I have seen with Don.
I'm really proud of everything I've learned and how much I've built my bankroll over the course of going on four years. It feels like a lot, but then stories like this humble me. I cannot imagine $1M in a year. $15M in even less time is insane.
Me either!
always love listening to Don Johnson - so impressive in many ways! thanks for bringing him to us!
Wow, what a stellar interview this guy is a legend, I've always wanted to know what kind of AP was going on at that level, I've seen documentaries about him and I always figured he had some kind of edge figured out. Also what a high note of praise for Colin and everyone at BJA that Don said they're stuff is really on point. Bravo!
I admire this guy Johnson! Sounds fair & pretty honest. I hope one one day I get to be just as lucky. GREAT SHOW
Great interview! Love his connection to Ivey.
Thanks Don, an agreement for you is worth more than money and the absence of arrogance makes your story even more interesting, my respect!
Great learnings
1. Find the edge
2. Keep a stoploss when things don't go your way
3. Go for the kill when things are going your way.
Nice podcast 👌
Great interview! Enjoyed it very much. ♠️♥️♣️♦️
Probably got spotted by some veteran employee at Hardrock who used to work at the Trop. Casino management (probably not table games people) just had no idea.
Congrats Colin on reaching 500k 💥Subscribers ‼️👍🏼
Colin, thanks.. this was a really nice piece of content.. I thoroughly enjoyed it.. he seems like a classy guy.
Glad you enjoyed it!
So interesting. Thank you Colin.
Casinos are your friend when you are losing to them 🤣🤣 nice friendship 👍🤣
I'm just a good typical player, and would love to play with this guy. Seems like a good guy that loves the game.
Wow, I didn't know what Don Johnson looked like before this video but I do know I've seen that man playing $500 hands of blackjack at Paris on the strip. He was getting a massage at the table and seemed emotionless about wins or losses.
Wow! What awesome stories and game play talk!
What an incredible guest
Awesome interview!
Thanks!
watched that video with Trish Regan about ten times. Glad to see him on BJA. It was you gamble 2000, Jim Murren said, he can comp you about $80.00 worth of stuff. From my years of playing its more like they have a chart on you, figure if you gamble from $2,000-$3000 you will probably get your room comped and some beverage and food credit. At Don's level, sky's probably the limit, but he's right over the years, corporate has tightened things up quite a bit. Learn so much from BJA and LVA.
Dave
Really good interview. Just wish he described more about how the rebates work
The rebate works simply. First he found casinos with good high limit rules (he said he can get as low as 0.2% house edge, so basically a coin flip). Then He negotiated that if he lose 500k, he would be able to get 22.5% of that lost back, for simplicity sake, lets day 100k. But you still lose 400k, how do you make money.
But lets say you go 2 days. day 1 you win 500k, day 2 you lose 500k. This is pretty likely, especially if the rules make it a coin flip anyways. Normally you would be even, but with the rebate, you would be 100k up. The key is to play very aggressively. You are a little bit negative on every hand, so you want to win or lose 500k in as few hands as possible. This way, you can maximize the rebate returns.
I think we have a SUPER old video about them and a blogpost maybe.
@@yeungxthis is what Phil did with craps. Great explanation
Great video very interesting . Fantastic interview with a great guest.
Thanks!
What a Fascinating man. Great interview.
Notice the night and day difference between this guys true story and Mikki Mase’s absolute fabrications.
This man is a legend
Another great interview
I was playing blackjack this past summer at Tropicana in AC. During shuffles I realized I was sitting right next to the entrance of the high limit room where he was playing with people watching through the glass .
The dig at Kelly Sun lol
Great interview great video
Glad you enjoyed it
He is absolutely right!
That rebate situation is crazy!!!! 😮
Great interview jonzee!!!
Great 👍 interview
He has very varied circles of friends, so I hope he had a fun and interesting life in more ways than just the gambling. On the other hand, most of the gamblers I know with interesting friends, pretty much only know them in gambling settings. As he said, you know you're just a gambling buddy when you don't even get invited over when they're flipping burgers in the back yard for their neighbors.
Great interview 👍
Forget Blackjack playing...you can be the best podcaster on YT...Like Lex Friedman 2.0! I love how genuine your interest to learn something new and you are so charming without being fake. Dan Brazilian drives me crazy. So pretentious and not real..at all.
Interesting, he seems pretty real and straight forward especially after reading his book and seeing all the people give their version of the story told.
Awesome interview
That was a good interview
I loved this!
Thanks for the interview. Has Don Johnson ever written a book about his experience?
This dude is what I picture DB Cooper looking like .
What a G 🏅
excellent video!
Don mentions 'we'll get back to that' about craps ability but you never do. Show him talking about that! :)
This type of story has been told a 1000 times.........like Sales, 100 people sell mud, 1 makes it big 99 lose it all.
lmfao so like anything in the world?
"Okay okay sure sure." That was the best deflection of the fact they fu8& Phil!! 😂😂😂😂😂😂😂😅❤❤❤❤❤❤❤❤❤❤🎉🎉🎉🎉🎉🎉🎉
A fascinating life
Great interview, so realistically, how much money does it take to become an advantaged player?
The bankroll is less important than the knowledge. Small bankrolls can grow with the right choices, but even a large one will go bust if they don't understand how to manage it or how to AP correctly. That said, very few people have the bankroll to do exactly what Don did here.
@@Blackjackapprenticeship No kidding, with all the built in advantages Johnson had in his game, a positive EV was definitely in play here, I'm surprised the casino ever went for his action and that 20% return on losses didn't hurt either. Where are the best BJ games now, any favorites?
Fantastic
How do i joint your apprenticeship? im in Jersey 😒
"1.5 to 0.2 - How I reduced the odds" I would love to read his book, should he write it.
Anytime I was assigned to this guys table it was FMLA time. Lol
With black apprentice me and my family were able to have the time we lost while I had a gambling addiction (it’s court ordered)
Best video ever
He not a regular player. He aint about to get backed off. They actually are begging him to play and giving him edge. Big difference
You should try and interview dom the dominator from golden touch craps talk to him about dice control
Can you do an audio version of your book
Gotta love dealer errors, I've seen EZ Bac forget that 3 card 7 dealer is a push because no commission (is that a 5% player benefit?) Another good one was dealer paying the ante when he didn't qualify in UTH. For blackjack, mispays and being willing to cut off only half a deck in 8 deck were about it; but other dealers would lecture you for accepting a mispay (weeks after, I haven't been to a casino in years.)
The (real) most interesting man in the world
You should ask him why he never paid Deadmau5 the $200,000 he agreed to for playing Living on a Prayer at XS!
he did, deadmau just didnt get it from his team.
Hey Collin. I don’t know if you have ever talked about this but are there any bet progressions for a super negative count? I feel like when the count gets really bad I tend to win since I know little numbers are ahead. I was thinking about starting to increase my bet during these times to take advantage if there is any. I hate having to count 4-5 hrs and wait for that good count. Please let me know if anyone has ever figured this out completely.
The only useful thing you can do during a negative count is not play. The more you bet with a disadvantage the more you will lose in the long run. You can't create an advantage by changing your betting.
@@Blackjackapprenticeship okay. Is there any math to back this up. I believe you just would like to see simulations or something.
Simply the math that if you're going to lose more than you win, you will not win in the long run - which makes sense. You don't begin to win more than you lose until +1TC in most games. Thats why bet spreads start increasing at +1 and continue as the count rises to take advantage of larger edges.
@@Blackjackapprenticeship gotcha thanks. Do you know if this has been a thought across many counters in the past? I’m sure it has been can’t find much online
Dealer: Blackjack congratulations
Brice Willis: Yippee kai yay, motherf....
Who is Brice Willis 💀
How are you gonna have an ad 1:30 into the video 🤦🏻♂️
UA-cam does that
The true value of each card
..... not the simple +-1
Hey, what’s the best app to play blackjack online?
We're a little biased towards our own app if you're trying to train and learn strategy and deviations. If you're just looking to play for fun then ours won't be what you're looking for.
@@Blackjackapprenticeship I was actually talking about playing with real money online. Do you have any recommendations?
We recommend not to do that for a few reasons, we discuss it in another video here: ua-cam.com/video/aQDrzJF82k0/v-deo.htmlsi=MJchTfd9L2nbF-Dg
Dude is a legend and freaking gentlemen!
Who's the Colin of the UK or London?
Seems like a really cool guy - looks like he has very sound morals ...
I find it funny that he’s finally admitting he’s an AP when year after year he never brought up card counting. He always said winning at Bj is way more than just card counting. Colin you know better there’s no such thing in math as positive variance, it’s still considered variance which is the distance from true mean that you will eventually hit.
AP is simply an advantage player, there are APs all over for all types of games and methods to gain advantages. Don just took advantage of the massive loss rebates casinos offered to get him in the door.
What does C.T.R mean?
Currency transaction report
Heyy......Wheres Tubbs?
How much time did it take for him to earn 1.5million? Since the start?
Back when the coin shortage was going on the casino was offering to pay you 20 percent free play on change you brought in with no limit for any us coins so I was bringing in $4000 per day of Susan b Anthony coins and 50 cent pieces ,so I was getting $800 of free play per day ,I was just retired and the wife said no your not going to do that so I started giving her a $100 per day out of my winnings ,I was averaging about $600 per day ,this lasted for 6 weeks ,man I loved betting on their money
That Phil Ivey story 😂
3:56 techniques like intimidating the dealers?
In the beginning AC had early surrender. A gift for card counters.
Does Don still allowed to play blackjack n America
20 percent back on losses 😱
Crocket went to Vegas after beating Miami?
He looks like the tv show jack reacher aged 20 years
how much do you recomend to read a book of blackjack to leanrd how to play? I bought the blackjack for blood book but I didn't started yet.👀
Blackjack for blood is pretty dated. It's an entertaining reason but not much is applicable today.
Blackjack attack is an excellent book.
This guys interesting
I thought it was Grant Cardonne when I saw the thumbnail. lol. Needless to say, I’m happy that it isn’t Grant. lol
INteresting story- but until I see his I.R.S. tax forms showing the winnings, I reserve judgement. He would have had a wopper of a tax bill. Would love to see his 1040.
Hes banned from all casinos they did a netflix doc on him years ago. Its very interesting. Hes legit
I think the only realm remaining for professional gamblers is poker.
Would they let you card count?