

One of his best nights enjoying his favourite pastime came in 1995 when Packer entered the MGM Grand with a desire to play some blackjack.

His influence and wealth aside, Packer also boasted a notorious reputation as a compulsive gambler with a rich history of suffering multiple jaw-dropping wins and losses. His family possessed a controlling interest in nine Australian TV networks and the Australian Consolidated Press. Kerry Packer was an Australian media mogul worth A$6.5 billion, ranked as one of his country’s most affluent media proprietors of all time.

Their story got detailed in the book Bringing Down the House, which served as the foundation for the movies the Last Casino, and the more famous adaptation titled 21, starring Kevin Spacey, Kate Bosworth, and Laurence Fishburne.Īlso Read: The Vast World Of Online Gambling Kerry Packer – $40 Million Estimates claim that this ensemble of card-counters managed to win between $50-$100 million at a wide variety of blackjack casinos in Las Vegas and Atlantic City. The MIT blackjack team was a group of current and ex-students from Harvard University and the Massachusetts Institute of Technology that operated throughout the late 1970s and entire 1980s under the guidance of member Bill Kaplan. The MIT Blackjack Team- Up to $100 Million Below, we list the recorded five most notable individual or series of wins at casino tables of twenty-one. It is also a gambling genre that usually features more sizeable max wager limits than most other table games, and its many variations offer many different side bets. Still, blackjack is a highly strategic game where decision-making plays a massive role in all outcomes. Sadly, the latter is not accurate because unless a player resorts to card counting, the casino will always have a slight advantage over him. It is the preferred gaming option for many high rollers due to its low house edge and the perception that its mastery can lead to guaranteed long-term profits. Aside from slots, blackjack is by far the most popular game found on casino floors.
