While most famous blackjack players accumulate their wealth on the tables and through books, Kerry Packer is an exception to the norm. Packer built a media empire over his lifetime, and became the richest man in Australia ($A6.5 billion) before his death in 2005. Beyond his extravagant wealth and media empire, the Aussie was known for his high stakes gambling ventures into blackjack, poker, baccarat and other games. Of course, what we’re most interested in here is the blackjack, and how Packer became a legend for his play.

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Additionally, I have some of the latest blackjack software on the market, including John Auston’s Blackjack Risk Manager and Karel Janecek’s Statistical Blackjack Analyzer. Finally, in order to create real life casino conditions, I purchased a felt blackjack layout, complete with a. 290,000 People Should Be Thankful for FedEx Founder Fred Smith’s Blackjack Skills. Transportation giant FedEx employs 290,000 people around the globe. The company has a market capitalization of $32 billion. According to Forbes, Founder and CEO Fred Smith has a net worth of $2.1 billion. I have a good story. When the palms had their blackjack/slot rebate I would sign my friends up for cards and lose 1000 at bj or slots. For slots I would quit if they got up 600 and for BJ I would quit if they won a 4000 bet (7k profit). However, this system is really effective that is why many casinos changed the rules of the game to defeat it. They introduced table limits, with a table limit of a thousand times the table minimum, a player who uses the Martingale won’t be able to recover his losses after losing ten times in a row.

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While the house holds a small edge over the average blackjack player, they still feared Kerry Packer. At the stakes the media mogul played, he could either make or break a casino’s profits for the entire year. But he wasn’t always breaking casinos, which is why many establishments allowed him to bet whatever he desired.

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On one occasion, Packer reportedly lost $20 million while at the Bellagio Casino in Las Vegas. Another story had the billionaire dropping $19 million at the Ritz Club in Vegas. However, he also experienced plenty of success too such as the time he reportedly forced London’s Aspinalls Club to shut down after winning so much money in blackjack. Another time saw him winning somewhere between $24 and $33 million from the MGM Grand while playing both blackjack and baccarat. Amazingly, it’s said that Packer almost broke the MGM Grand, which resulted in the firing of several prominent employees who let him make huge bets.

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Packer’s Blackjack Legacy

There is perhaps no blackjack player – nor gambler of any kind – who can boast of wins and losses the size of Kerry Packer’s. After all, few billionaires are big gamblers, much less to the extent that Packer was. He made blackjack bets worth $300,000 or more on a single hand, and never sulked after a multi-million dollar losing session.

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It’s often been said of the Aussie that he played blackjack when he was bored, and he was bored quite often. Seeing as how he gambled so frequently, Packer was able to accumulate quite a collection of interesting stories. One of the most-told stories was when a Texas oil tycoon was mouthing off to him and said, “You know who I am partner? I’m worth $60 million!” Packer then pulled out a coin and said, “I’ll flip you for it.” As you can tell by this story, Kerry Packer was quite the spectacle at casinos, and it’s no reason why he became such a legend.

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I had to quit bj for a few years due to location changes, but now conditions have allowed me to start up again. Had no problem picking everything right back up again after a little reading. Anyways, first time back I had two really good capitalizations on awesome counts.
The first time I had a raw count of +13 at the very end of the shoe. Bet the max on my hand, got two aces, split, got another ace, and split. Got 3 blackjacks
The second time, I had a raw count of +15 at the very end of the shoe. I bet the max on the max number of hands. Dealer had a 6 up…and things really got crazy…almost every hand was either a double down, split, or blackjack. This hand took like 10 minutes to play out, because by this time there were like 4 pit bosses/floor managers and the casino owner crowded around the table, and the dealer starting doing things wrong from all the pressure…and the pit boss was clearly getting anxious…scrutinizing almost everything the dealer did (improper splashes, etc.). I was making a huge scene, trying to act drunk and such for cover. Made some serious bank on that hand Surprisingly, I didn’t catch any direct heat at all despite being under the microscope of literally the entire upper-level casino staff. It seemed like they were more interested in watching out for cheating or dealer mistakes with all the money that was out on the table.
Left that night with 24x my bankroll. Yet it’s not the money I really care about (I realize there was still some amount of luck involved with those results)…it’s just the experience of cleaning out all those chips right in front of the casino managements’ face while acting like I didn’t really know what I was doing which was so great. This is what makes blackjack fun
Anyways it’s nice to be back to my favorite blackjack site!