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Kerry Packer

Introducing the Media Tycoon and Gambler

Kerry Francis Bullmore Packer, an Australian media tycoon, born was born on 17 December 1937 in Sydney. He became one of the world’s greatest gamblers, and his legacy was gambling away up to $200 million during his gambling career. He was well-known for his generosity and humbleness because, unlike many high rollers, he did not expect casino bosses to be at his beck and call. Furthermore, his requests were minimal, which were nice rooms for himself and his entourage and an empty table.

Packers Gambling career

Packer not only gambled in casinos but with his marriage. He had several extramarital affairs, including one with Carol Lopes, who reportedly committed suicide after being shunned by him.

Packer was known as a Whale as he gambled for stakes that kick-started the adrenal glands of even the most jaded casino executives. Gambling was Packer’s passion, and he wagered very high stakes. Terry Packer once lost 28.2 million in Blackjack losses to a London Casino, the most significant reported gambling loss in British History. He also had some huge wins like the $33 million he won at the MGM Grand Casino in Las Vegas and often won as much as $7 million a year during his annual holidays in the UK.

His Generosity

Amidst his losses and wins, Terry Packer was known for his generosity and would often give his entourage $100 000 bankrolls before turning free-spending night on the casino employees doling out six-figure gratuities. On another occasion, he paid off a waitress’s mortgage highlighting his generosity amidst his sometimes volcanic temper and perennial contempt for journalists.

Terry Packer passed away on the 26 December 2005 from kidney failure nine days after his 68th birthday. His memorial was attended by big names like Russell Crowe, Prime Minister John Howard, Richie Benaud, Tom Cruise, and the Australian Cricket Team. Terry Packer lived a short life, but he certainly made it count.

August 5, 2023 by People 0

MIT Blackjack Team

Students from the well-known Massachusetts Institute of Technology (MIT) and other top colleges made up the MIT Blackjack Team.

Bill Kaplan led the Group

After reading books about card counting, Bill Kaplan, a Harvard graduate with an interest in Blackjack, led the Group.

Although he was not the original founder of MIT’s Blackjack Team, he helped turn it into a profitable venture.

JP Massar

Massar (also known as Mr M ) attended the Massachusetts Institute of Technology as a mathematics student. He became interested in gambling after reading the book ” How to Gamble if you must “. He and a few classmates formed the first MIT Blackjack team. While they had a few wins, they were not incredibly successful.

Teaming up

A restaurant was where JP Massar and Bill Kaplan first met, and JP Massar asked Bill Kaplan to join his team to observe its mistakes. Bill Kaplan joined them after spending a weekend in Las Vegas observing the mistakes the team made.

A formal card counting system and betting system were put in place to become a serious business. On 1 August 1980, the brand new MIT Blackjack team began operating.

For ten years, this team was successful, and investors received excellent returns. But eventually, Bill Kaplan’s management of the team was indefinitely suspended because he was banned from most casinos in Vegas.

A second Blackjack card-counting team, formed by JP Massar and Johnny Chang, was successful for two years, but they too were also forced to shut down as the casinos on the Las Vegas strip and other towns became aware of their tactics and banned them.

What are they doing now?

While JP Massar still plays professional poker online and offline, Bill Kaplan now operates a Real Estate business and runs an emailing solution company.

June 9, 2023 by People 0

Casino Etiquette

We have brought you some things you should not do when you are at a casino. Of course, these don’ts apply at any land-based casino and not the online ones. Not doing some things would let you enjoy gambling even more as you would be following the etiquette.

Let’s hear these don’ts or things you should not do at a casino-

Don’t Act Like a Noob

While you can be a fresher and a new player at gambling, you don’t need to show it to others. Just focus on your own game and don’t ask anyone for tips about games. If you ask anyone, you just embarrass yourself.

Don’t Play with Your Phone

Gambling is fun, but it’s not the kind of fun you have in a public space or a tourist spot. So stop taking selfies; using the phone is unethical as it works as a distraction. Keep it off all the time when you are in there.

Don’t Be a Loud Person

Stay calm even if you are winning continuously. Do not have a loud conversation while you are at the table. Do not yell at the dealer or any player. However, once you leave the table, you can do all the fun things.

Don’t Touch Chips

Once the chips are on the table, you should not touch them. Chips are only placed on the table when you have made your decision, and the decision can’t be changed after that. Similarly, do not touch the cards as in some games, they play with cards.

Don’t Interrupt

As long as you are on the table, you should respect the players. Do not say out anyone’s strategy or ask questions. Do not interrupt in any way that is not considered unethical.

Don’t Join the Table Just for Observation

Those chairs surrounding the table are only for the players and not for anyone who is not going to play. Even if you come with your friend, stay behind his chair while following the above-mentioned etiquettes.

Don’t Borrow Money

It is not nice to ask for money from other players. You should enter a casino when you have planned the budget already and have enough money accordingly.

Wrapping Up

While following these don’ts, always know the rules of the table you are going to play on. It is advised that you learn the skills first instead of depending on your luck entirely. At last, even if you are losing, don’t show aggression to any player; take your time and calm your mind, only then return to play again.

May 15, 2023 by Casino 0

Casino Clothing – The Ideal Outfit

Dressing is a way to express yourself; your clothes leave the first impression even before you speak. Hence you must give significance to clothing while going to any setting such as a casino parlor.

You may have watched people entering a casino all dressed up in those tuxedoes. However, that is not always the case, and it also depends on which kind of casino you enter.

Today we bring you a simple guide about what to wear and not to wear to a casino.

What to Wear to a Casino?

Generally, casinos have their dress code, so it is always a good idea to have a look at their website and check their dress code. This way, you can save yourself from being embarrassed after entering the place.

However, blue jeans or khaki pants with a button-down shirt always work. Don’t forget to pair it with loafers.

Some casinos have different sections, such as for the general public and VIPs. As long as you are not getting into the VIP section, it is fine to wear any casual clothes. VIP sections of casinos require a special type of clothing.

However, you should never go for a t-shirt if you are a man; choose a button-down shirt instead. Women can wear their cocktail dresses with some nice shoes that complement the dress. It is always a good idea to choose semi-formal clothing as you won’t either be casual or fully formal.

What Not to Wear to a Casino?

You should not wear torn clothes even if they are in fashion, such as the torn t-shirts. Do not enter with flip-flops; wearing shoes is like a must in casinos. If it is evening, you should never enter wearing shorts.

Always have an idea about the casino first; if it is a high-class place, do not enter without wearing formals.

You should also avoid revealing clothes or clothes with offensive images and too big slogans. However, if you are planning to play online, you can dress the way you want; even loungewear works!

In case the clothing theme is Black Tie, it means men should come wearing tuxedos and women should wear floor-length gowns. It might also need men to wear a black bow tie, a white dress shirt, a waistcoat, a tuxedo, and complementing patent leather shoes.

For women, cocktail dresses always remain the safe option; however, they should be worn with enough sparkling jewels or accessories.

February 10, 2023 by Casino 0

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