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Feb 22

Max Rubin’s 21 st Blackjack Ball and Ed Thorp

Posted by THEPOGG in Blog.

Contributed by Nicholas G. Colon

On a cool Saturday evening in late January, in the shadows of the most well-known Casinos in the world with the distant glow of the neon lights of the Las Vegas Strip in the background, the most elite professional gamblers in the world gather to attend the super secretive Blackjack Ball. The gala is hosted by long time organizer and advantage gaming legend Max Rubin. Max spends countless hours in preparation, creating a magnificent soirée so that this profession’s elite can have a fantastic evening. Year after year Max’s efforts do not disappoint.

The evening starts with drinks and hors d’oeuvres and this gives the guests-many whom have known each other and played together – time to converse and about the past years happenings. Players in the calibre of Bill Benter, James Grosjean and illusive sports better Zeljko Ranogaje are all in attendance. And this year world class poker icon Phil Ivey even made an appearance. Many of these players have known each other for decades and way before their success lead to international recognition. The blackjack ball brings together exceptionally talented people with extraordinary abilities. This reiterates the idea that great success in one field will lead to great success in another field.

After dinner, voting for the 2017 Blackjack Hall of fame inductee commenced. To no one’s great surprise Don Johnson was voted into one of the most exclusive groups in all of gaming, the Blackjack Hall of Fame. Don is arguably the most famous blackjack player in the world. And his exploits reached legendary status when several years ago he whacked a few Atlantic City casinos for $15 million over a few week period while utilising their loss rebate programs. This historic win elevated Don to the top tier of advantage players, prompting all who learned about it to ask what would a person do with such a large win?

Next, the task of crowning the 2017 world’s greatest blackjack player commenced. A series of 21 questions are given to the field of attendees. They are a combination of gaming probability theory questions and general gaming knowledge questions, and they are tough. The top 5 high scores proceed to the final table where a skills test determines the ultimate winner. The 2017 Grojean Cup took the form of a 15 litre bottle of Luc Belaire Rare Rose Champagne and was awarded to Anthony Curtis, publisher and owner of the Las Vegas Advisor website and president and CEO of the Huntington Press publishing house, which is the largest publisher in casino gaming related books in the world. Anthony is also the proprietor of the Gambling with an Edge website. It was fitting considering that Curtis has taken 2nd Place in 6 of the 20 previous competitions.

Anthony Curtis at the Ultimate Blackjack Tournament photo courtesy Anthony Curtis

Anthony Curtis with the 2017 Grosjean Cup

Close up of the 2016 Grosjean Cup

The 2017 Ball orbited largely around arguably the most influential man in advantage gaming, Edward O. Thorp. In 1962 Thorp published the classic text Beat the Dealer. It was the first book made widely available to the public that showed a firm mathematical approach to beating the game of 21. After this Thorp went on to make noteworthy contributions in Stock Market Analysis, where his original research helped launch the derivatives market.

Ed Thorp in 2015 photo courtesy of Ed Thorp

Ed Thorp at the 2017 Blackjack Ball photo courtesy of Nicholas Colon

In his new book A Man For All Markets, Thorp discusses his whirlwind life and gives a full and complete answer to the question: How did you do it? It’s a must read for anyone who wants a look into the mind of an out of the box thinker that has made a significant impacts on the world in so many areas.

The importance of Thorps contributions can’t be ignored. And his original thesis provided the foundation for much of the work that followed. I was able to speak to a few of gaming’s most influential personalities about Thorps contributions. Mike Shackelford is the creator of the Wizard of Odds website, the quintessential gaming probability site. He is currently the chief mathematical consultant for Latest Casino Bonuses and he stated:

“It would be hard to understate the impact Ed Thorp had on the game of blackjack. He was the first to publish both a basic strategy*, to get the odds almost break even, and how to beat the game by card counting. His book “Beat the Dealer“, will go down as in history as the quintessential book that changed the game.”

*In a mainstream book. Roger Baldwin, Wilbert Cantey, Herbert Maisel, and James McDermott first published Basic Strategy in the Journal of the American Statistical Association in September 1956.

The black tie setting of the Blackjack ball is only one-half of the weekend events. The second part is the after party held at the home of Blackjack Hall of Famer and author of the classic book Gambling Wizards, Richard Munchkin, published by Huntington Press. Food, fun and friends come together on the Sunday after the Ball to discuss game strategy, new tactics and techniques and most importantly to trade war stories of this unique profession. The Munchkin after-party extends the opportunity for this elite field of players, all of whom are usually spread out all over world, to get together and share stories of the past years exploits.

The Munchkin after party gives Advantage Gaming’s most influential player’s time to get together in a relaxed setting, away from the Blackjack Ball’s black formal setting. It also extends the time that these players get to mingle with people who understand their unique mind set and those that share their unique drive to reverse engineer casino games for profit.

Munchkin’s party is in its second year, and is fast becoming been a part of the Balls weekend’s events. The game’s elites trade their slacks, blazers and patent leather shoes for jeans and sneakers. The open house event extends from the Sunday’s early afternoon to the late evening. There is a copious amount of respect for each other’s abilities. And a conversation with any one of these people is a once in a lifetime opportunity, but having all of them together at one time is something very special.

Kudos to Max and Munchkin for having the foresight to put together this most awesome event so many years ago, and more importantly to keep it going. What started as gathering of a dozen friends so many years ago, and has grown into a widely anticipated event where the gaming elite come together for a single weekend. It is a truly awesome affair.

Author Nicholas G. Colon is a long time friend of the founder of ThePOGG.com and exceptionally talented Advantage Player. We are proud to be associated with him and many within the industry could learn great deal by taking account of his experience and guidance. He runs the Alea Consulting Group.

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