Why am I passionate about this?
I was a mailman when I became obsessed with card counting at blackjack. Not having enough money to play at a pro level, I decided to sell a mathematical formula I’d devised for evaluating games and systems. I offered it for sale through gambling newsletters at $100. I immediately had big sales because no one had ever seen a method for estimating card counters’ win rates. I got letters from college math professors asking me how I’d come up with the math. So, I started my own blackjack newsletter where I published my discoveries. I was inducted into the Blackjack Hall of Fame in 2002 and soon had big investors funding my play.
Arnold's book list on those contemplating gambling as a profession
Why did Arnold love this book?
Really fun true stories about six gambling legends. Titanic Thompson never entered an official PGA event, yet made more money playing golf than most of the top pros in his era, often by beating the famous pros at their own game. Minnesota Fats never won a major pool tournament, but made so much money traveling from city to city to hustle the local pool sharks he became a legend in the Midwest pool halls. Johnny Moss cut his gambling teeth in illegal poker games in Texas and Oklahoma, then went on to win the first two World Series of Poker championships in 1970 and 1971, winning nine WSOP bracelets in total, his last one in 1988 at the age of 81, making him the oldest WSOP bracelet winner ever.
1 author picked Fast Company as one of their favorite books, and they share why you should read it.
In this classic book, Jon Bradshaw singled out from the world of full-time gamblers six men who consistently win - the men who year after year, deal after deal and proposition after proposition come away with their pockets filled and their sense of infallibility intact.
Bradshaw follows three legendary poker players - Johnny Moss, Pug Pearson, and Titanic Thompson; tennis player Bobby Riggs; pool player Minnesota Fats and backgammon player Tim Holland. His evocation of ambience and his dramatic description of the games themselves are fascinating but Bradshaw also deftly probes their minds and hearts as he attempts to define…
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