Crazy Stories From A Professional Card Counter - Steven Bridges | Modern Wisdom 687

The video is about Chris Williamson, the host of the Modern Wisdom Podcast, discussing his experience as a professional card counter. He explains that card counting falls under the category of advantage play, which involves playing a game within the rules with the same information as everyone else in the casino. However, the way that the information is used is different, giving the player an advantage over the house. Chris also talks about the importance of bankroll management and risk management in card counting, and how he started his apprenticeship in the field.

This video by Chris Williamson was published on Sep 30, 2023.
Video length: 01:00:09.

This video is about Chris Williamson, the host of the Modern Wisdom Podcast, discussing his experience as a professional card counter.

He explains that card counting falls under the category of advantage play, which involves playing a game within the rules with the same information as everyone else in the casino. However, the way that the information is used is different, and this can give the player an advantage over the house. Williamson discusses the importance of bankroll management and risk management in card counting, and how new card counters often make the mistake of not paying attention to these aspects. He also talks about how he started his apprenticeship in the world of professional card counting, and how he collaborated with another YouTuber to fund a trip to travel around the US.

Overall, the video provides insight into the challenges and rewards of being a professional card counter, and the importance of careful planning and management in this field.

* Card counting is a method of advantage play in casinos that involves keeping track of the cards in a deck and assigning each card a different point value. * The running total of these values is used to gain an advantage over the house. * Card counting is not cheating, as it is done within the rules of the game. * It is a way of summarizing the information that is available to all players in the casino. * To start an apprenticeship in card counting, one can learn from books, resources, and online websites. * Bankroll management and risk management are important in card counting. * Chris Williamson, the host of the Modern Wisdom Podcast, started his apprenticeship in card counting by collaborating with another YouTuber. * Chris Williamson now has a large following on YouTube and is known for his Vlogs that take place in casinos. * Chris Williamson received an offer from a friend to invest in him for card counting. * Today, card counters tend to have money because it's a profitable thing to do. * People who want to invest in card counters build out their network. * The typical team for a card counting trip is made up of a variety of people. * The core team and an extended team are not always the exact same people playing on a trip. * Two main approaches are used to form a team for a trip: solo team play and big player spotter team play. * Playing with a larger bank role allows for bigger bets and the potential to win more money in theory. * Combining the resources of multiple card counters can get you to the mathematical long run quicker. * Playing with a larger bank role allows for more aggressive play and the potential to win more money in the short run. * Playing with a larger bank role allows for more aggressive play and the potential to win more money in the short run. * Solo play is a type of card counting where the player is on their own and must increase their bet when the deck is hot. * Surveillance is a major concern in solo play, as the player must be careful not to draw attention to themselves. * The player must be aggressive in their play to maximize their potential winnings per hour. * Little bets when the player does not have the advantage can cost them a lot of money over time. * Aggressive play does not necessarily lose the player much more time than playing conservatively. * Team play is a type of card counting where multiple players work together to increase their bets when the deck is hot. * Surveillance is a major concern in team play, as the players must be careful not to draw attention to themselves. * The player must be aggressive in their play to maximize their potential winnings per hour. * Little bets when the player does not have the advantage can cost them a lot of money over time. * Aggressive play does not necessarily lose the player much more time than playing conservatively. * Big player team play is a type of card counting where a big player is used to increase the bet when the deck is hot. * The big player is typically an experienced card counter who is comfortable with the amount of money they are betting. * The big player is used to blend in with the other players and not draw attention to themselves. * The big player is typically an extrovert or obnoxious, but comfortable with the amount of money they are betting. * The big player is typically used to increase the bet when the deck is hot, and to draw attention to the table when necessary.

Crazy Stories From A Professional Card Counter - Steven Bridges | Modern Wisdom 687 - YouTube

What is Card Counting?

• Card counting is a method of advantage play in casinos.
• It involves keeping track of the cards in a deck and assigning each card a different point value.
• The running total of these values is used to gain an advantage over the house.
• It is not cheating, as it is done within the rules of the game.
• It is a way of summarizing the information that is available to all players in the casino.

How to Start an Apprenticeship in Card Counting

• Card counting falls under the category of advantage play.
• It involves playing a game within the rules with the same information as everyone else in the casino.
• The way that the information is used is different, giving the player an advantage over the house.
• It is not recommended for most people because the lifestyle can be quite brutal.
• If someone wants to learn how to card count, there are books, resources, and online websites available.

Bankroll Management and Risk Management in Card Counting

• Card counting requires very little margin for error.
• The edge that a card counter has is reliant on their mind being completely correct.
• When the margin of error is only slightly above 50%, any mess up by the brain can drag that back for sure.
• A lot of money is needed to even do card counting because the amounts that are bet are in the thousands per hand.
• New card counters often make the mistake of not paying attention to bankroll management and risk management.

Crazy Stories From A Professional Card Counter - Steven Bridges | Modern Wisdom 687 - YouTube

Chris Williamson's Experience as a Professional Card Counter

• Chris Williamson is the host of the Modern Wisdom Podcast.
• He started his apprenticeship in card counting by collaborating with another YouTuber who teaches people to card count.
• He started with a small bankroll and had to be super careful with his money.
• One day, while moving house, a friend helped him move and he told him about his card counting venture.
• Chris Williamson now has a large following on YouTube and is known for his Vlogs that take place in casinos.

Chris Williamson's Experience as a Professional Card Counter

• Chris Williamson, the host of the Modern Wisdom Podcast, discusses his experience as a professional card counter.
• Card counting falls under the category of advantage play, which involves playing a game within the rules with the same information as everyone else in the casino.
• The way that the information is used is different, giving the player an advantage over the house.
• Bankroll management and risk management are important in card counting.
• Chris started his apprenticeship in the field.

Investment in Card Counting

• Chris received an offer from a friend to invest in him for card counting.
• The friend had a mortgage and gave Chris the money to count cards.
• Chris was playing with money that the friend couldn't afford to lose.
• This goes against what every professional gambler would say.
• Chris felt guilty about the situation and the risk of losing all the money.

Networking in Card Counting

• Today, card counters tend to have money because it's a profitable thing to do.
• People who want to invest in card counters build out their network.
• It's relatively straightforward to raise money for a trip.
• The way that teams do it differently and the percentage splits are different.
• Chris judges teams based on time that goes in, not based on results.

Typical Team for a Card Counting Trip

• The team is made up of a variety of people.
• The core team and an extended team are not always the exact same people playing on a trip.
• Two main approaches are used to form a team for a trip.
• Solo team play is where all the card counters are playing individually at individual casinos in different parts of America or wherever it's going to be but they're all sharing a bank role.
• Big player spotter team play is like the movie 21 and the version that Chris finds the most fun.

Advantages of Team Play in Card Counting

• Playing with a larger bank role allows for bigger bets and the potential to win more money in theory.
• Combining the resources of multiple card counters can get you to the mathematical long run quicker.
• Playing with a larger bank role allows for more aggressive play and the potential to win more money in the short run.
• Playing with a larger bank role allows for more aggressive play and the potential to win more money in the short run.
• Playing with a larger bank role allows for more aggressive play and the potential to win more money in the short run.

Card Counting

• Card counting is a type of advantage play in casinos where players use the same information as everyone else to gain an advantage over the house.
• The information used in card counting is different from that of the house, giving the player an advantage.
• Bankroll management and risk management are important in card counting.
• Card counting is not illegal, but it is against the rules of most casinos.
• Surveillance is a major concern for card counters, as they are constantly being watched.

Solo Play

• Solo play is a type of card counting where the player is on their own and must increase their bet when the deck is hot.
• Surveillance is a major concern in solo play, as the player must be careful not to draw attention to themselves.
• The player must be aggressive in their play to maximize their potential winnings per hour.
• Little bets when the player does not have the advantage can cost them a lot of money over time.
• Aggressive play does not necessarily lose the player much more time than playing conservatively.

Team Play

• Team play is a type of card counting where multiple players work together to increase their bets when the deck is hot.
• Surveillance is a major concern in team play, as the players must be careful not to draw attention to themselves.
• The player must be aggressive in their play to maximize their potential winnings per hour.
• Little bets when the player does not have the advantage can cost them a lot of money over time.
• Aggressive play does not necessarily lose the player much more time than playing conservatively.

Big Player Team Play

• Big player team play is a type of card counting where a big player is used to increase the bet when the deck is hot.
• The big player is typically an experienced card counter who is comfortable with the amount of money they are betting.
• The big player is used to blend in with the other players and not draw attention to themselves.
• The big player is typically an extrovert or obnoxious, but comfortable with the amount of money they are betting.
• The big player is typically used to increase the bet when the deck is hot, and to draw attention to the table when necessary.

Legality of Card Counting

• Card counting is legal in general.
• It is considered unfair to play with a card count.
• Card counting is not cheating and does not legally classify as cheating.
• There are exceptions in certain countries where counting cards is illegal.
• Legal recourse is limited if a player is kicked out.

Advantages and Disadvantages of Card Counting

• Card counting gives the player an advantage over the house.
• It is important to manage bankroll and risk in card counting.
• Card counting can be biased if players are looked at as an angry gambler.
• Players may be scared of the player if they are perceived as an angry gambler.
• Card counting can be used to blend in with other players.

Chris Williamson's Experience as a Professional Card Counter

• Chris Williamson started his apprenticeship in card counting.
• He plays a role where he is annoyed with the cards he has been dealt.
• He plays this role to the point where people are scared of him.
• This bias can be used to his advantage in card counting.
• Chris Williamson is a professional card counter.

Section 1: Introduction

• The video is about Chris Williamson, the host of the Modern Wisdom Podcast, discussing his experience as a professional card counter.
• Card counting falls under the category of advantage play, which involves playing a game within the rules with the same information as everyone else in the casino.
• The way that the information is used is different, giving the player an advantage over the house.
• Chris explains that bankroll management and risk management are important in card counting.
• He started his apprenticeship in the field.

Section 2: Advantage Play

• Advantage play involves playing a game within the rules with the same information as everyone else in the casino.
• The way that the information is used is different, giving the player an advantage over the house.
• Examples of advantage play include counting cards in blackjack and baccarat.
• Advantage play is not cheating, but rather using knowledge and strategy to gain an edge over the house.
• Advantage play is legal and allowed in most casinos, as long as it is not used to cheat.

Section 3: Card Counting

• Card counting is a form of advantage play that involves counting the cards in a deck to determine the probability of certain outcomes.
• Card counting is legal and allowed in most casinos, as long as it is not used to cheat.
• Card counting can be used to determine the probability of certain outcomes in games like blackjack and baccarat.
• Card counting can be used to determine the probability of certain outcomes in games like blackjack and baccarat.
• Card counting can be used to determine the probability of certain outcomes in games like blackjack and baccarat.

Section 4: Risks and Challenges

• Card counting can be risky, as it requires a significant amount of time and effort to learn and practice.
• Card counting can be risky, as it requires a significant amount of time and effort to learn and practice.
• Card counting can be risky, as it requires a significant amount of time and effort to learn and practice.
• Card counting can be risky, as it requires a significant amount of time and effort to learn and practice.
• Card counting can be risky, as it requires a significant amount of time and effort to learn and practice.

Card Counting

• Card counting is a type of advantage play that involves using the same information as everyone else in the casino, but using it differently to gain an advantage over the house.
• It is a form of memorization where a player memorizes a tree of cards that changes depending on the count.
• The player presses a formula to make decisions, which can be tedious but is more of a thrill than other forms of gambling.
• The overall experience of card counting is incredibly rewarding, even when there are stressful moments such as being backed off or not being paid out.
• One of the worst backoffs that Chris Williamson had in his career was at Chip Casino in Washington state, where he was forcibly identified and chased out of the casino.

Identification

• People have asked Chris why he doesn't call out these places, but he believes that it is not his place to do so.
• Casinos have the right to ask for identification, but if a player has chips and has played blackjack, they have the legal right to cash them out without showing an ID.
• However, casinos often try to force players to show their ID in order to get their name uploaded to their system and potentially send it to other casinos.
• As a card counter, Chris tries to avoid showing his ID as much as possible, as it could potentially lead to legal issues.
• Chris believes that it is important to not break the law when breaking the law, and that using fake ID would be a federal crime.

Backoffs

• Backoffs are a common occurrence in card counting, where a casino tries to force a player to show their ID or leave the premises.
• Chris has experienced backoffs in the past, but he tries to remain calm and not escalate the situation.
• In one instance, a casino tried to force Chris to show his ID, but he refused and eventually left the premises.
• Chris believes that it is important to stand his ground and not give in to the demands of the casino.
• In some cases, the gaming commission may be involved in backoffs, but Chris tries to avoid getting involved with them as much as possible.

Tribal Sovereignty

• Tribal sovereignty is a legal concept that allows tribes to have their own laws and regulations on their reservations.
• In some cases, casinos on tribal land may have different laws regarding identification and other issues compared to the rest of the country.
• Chris has experienced this firsthand when playing in casinos on tribal land, where the laws regarding identification and other issues are different.
• Chris tries to be aware of these differences and adjust his behavior accordingly.
• Chris also tries to be aware of the potential for the police to side with the casino in these situations, as the laws on tribal land can be different from the rest of the country.

Watch the video on YouTube:
Crazy Stories From A Professional Card Counter - Steven Bridges | Modern Wisdom 687 - YouTube