My Guest on the Show…
Colin Jones, founder of Blackjack Apprenticeship, on the show this week to share his crazy story of going from flat broke to generating a very high income by counting cards in Blackjack.
Yes, it sounds absolutely crazy and it was hard for me to digest when I first heard about his story. But, after meeting Colin in person and asking him everything I possibly could, I asked him to share his story.
Colin and I both agree that gambling is dumb. Sure, it’s fun and can be a form of entertainment, but NEVER count on it as a way to provide income.
This is where Colin comes in – he is adamant that he doesn’t gamble.
Instead, he is investing in the game of Blackjack and has an actual advantage over the house. This may also be the reason why he as been asked to leave countless casinos over the past decade for “winning too much”.
I ask Colin a bunch of questions I am sure you’re wondering too.
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Mentioned in this Episode
Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions (book)
Beat the Dealer: A Winning Strategy for the Game of Twenty-One (book)
Show Notes
Why Colin came on a show about saving money [1:11]
Asking his wife to gamble with one month’s earnings [2:32]
Counting cards isn’t gambling, it’s investing [5:22]
Making $300 an hour at the end of year one [6:22]
How casinos combat card counting [11:07]
Colin doesn’t like casinos [12:40]
Card counting isn’t illegal [14:37]
His best run in Topeka, Kansas [17:51]
You don’t have to be a genius to count cards [19:18]
Turning it into a business [22:16]
