Kit Chellel

speaker
486 appearances 2 recordings 2 series first heard Apr 2026 last heard 13 May

Kit Chellel’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in May 2026 with 1.

Appearances

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Yeah, you could draw intersecting lines on a chart about the prominence of advantage play and casinos' tolerance of them.
These guys, they're fundamentally motivated by winning.
It's not so much money, and I guess you get this in the financial markets too.
It's being the best.
They want to be the smartest guy in the room.
They want to be the first one to beat roulette, to have a sustainable model for beating roulette.
So there they see themselves as pioneers and the casino for them is the enemy.
Now casinos have said for a long time, the best thing that ever happened to the casino industry in the United States was card counting.
Because for every one card counter that can actually keep a running count in their head and execute and manage their bankroll, there are roughly 999 others who think they can do it, but they can't.
So all these people come through the door and spend their money thinking they can beat the game.
Only a handful can.
And for a long time, casinos tolerated that as a cost of doing business.
And they didn't seem to care that much.
I mean, they made half-hearted attempts to throw out advantage gamblers.
The security was a bit lax, though.
But then the scene got too big.
At one point, there were like 500, 600 card counters making a living in Vegas.
And they were making really good money.
And when it started hurting the bottom line, the casinos cracked down on it.
Yeah, I often talk to these guys because they have such a weird job.
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