Repeat Until Rich - Josh Axelrad Reveals All About Blackjack Wars
Josh Axelrad has published a new and exciting book on card counting at Blackjack called “Repeat Until Rich: A Professional Card Counter’s Chronicle of the Blackjack Wars.” The book is a true account of his life at the Blackjack tables.
When he was 23 in 1999 Axelrad was working for the Swiss Bank Corporation and felt that he was missing out on many aspects of life. He became acquainted with Garry Knowles who had once been a member of the famous Blackjack card counting team from the Massachusetts Institute of Technology (MIT). In conversation Knowles revealed some of the techniques of card counting and explained how they provided the player with an edge over the casino.
The original hero of card counting was Edward O. Thorp who revealed in his book “Beat the Dealer” which was published in 1962 how it was done. This let to the MIT team hitting the tables in Las Vegas in the 1970s and initially making a killing. Axelrad studies Thorp’s book and one year later he joined another card counting team.
The team played a cat and mouse game with the casinos and the book reveals many funny tales relating to some of the characters he came across.
He also tells stories of how at the tables he cleaned up. In one ten minute session he won $18,000 and in total he won $700,000 for the team which provided him with a steady income of $120,000 for several years.
Ironically, the additional airport security measures imposed after 9/11 made it difficult to transport large amounts of cash and this led to a drop off in business; this provided the impetus to author the book.
Axelrad fell out or love with Blackjack and instead replaced it with online poker but currently he is struggling with the game though he dreams of one day nailing it.
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