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million. Johnson had reportedly negotiated terms with the
Tropicana that included a hand-shuffled six-deck shoe; the right to split and double down on up to four hands at once; and a “soft 17" whittling the house edge down to one-fourth of 1 percent so in effect, Johnson was playing a 50–50 game against the house, and with the 20% "loss rebate", Johnson was risking only 80 cents of every dollar he played.
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5 million and
Caesars for $ 4 million. The Tropicana refused to continue playing with Johnson on the terms the casino had negotiated after Johnson won $ 5.8 million, the Borgata cut Johnson off at $ 5 million, and the dealer at Caesars refused to fill Johnson's chip tray once his earnings topped $ 4
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Breaking the bank occurs only if the house fails to cap the total amount payable on a winning bet in a way that bears some reasonable relationship to the total amount of money in play. In contrast,
57:. The literal, extremely rare, situation of breaking the bank, is winning more than the house has on hand. The term can also be used for the act of winning more
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broke the bank in 2011 winning nearly $ 6 million at
Atlantic City's Tropicana casino after previously taking the Borgata for
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by its very nature does impose such a cap, and hence the bank cannot be broken.
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150:"A Textbook Case MIT Students Break the Bank in Las Vegas"
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112:'s Genting Casino Star City, where he won
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16:Winning more than a gambling house has
195:"Rich List 2017: No.20 - Paul Newey"
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178:Bowden, Mark (February 27, 2012).
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180:"The Man Who Broke Atlantic City"
80:that eventually breaks the bank.
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193:Strachan, Ian (2017-01-26).
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148:Noah Goldman (2003-09-15).
116:3 million and forced owner
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104:In 2005, British investor
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108:nearly broke the bank at
92:that blackjack player
61:than there are at the
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225:Gambling terminology
19:For other uses, see
129:parimutuel betting
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26:For the film, see
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120:to issue a
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135:References
110:Birmingham
106:Paul Newey
70:blackjack
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219:Category
154:ABC News
47:gambling
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63:table
59:chips
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