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Meet Niko Tosa, the enigmatic figure known as the most successful professional gambler. How exactly did he beat the casinos, and do gambling systems really work? Let’s find out!
Who is Niko Tosa?
Niko Tosa is a recluse, a man who seeks no publicity, in fact, he doesn’t like his photograph taken at all! Why would he? After all, he is the most successful of professional gamblers, and a man, who knows how to win and keep his identity under wraps, which is why you (unfortunately) won’t find his name in our Top 10 of the richest gamblers in the world.
With two trusted confidantes who went under the guises of a Serbian Businessman and a blonde Hungarian female while using false identities, Tosa sprung to public prominence when on March 15th, 2004, the thin-framed Croat took the Ritz Casino in London for $1.4million. At the time, he had become a regular during the two weeks prior, confounding staff with small wins on the nights he played roulette. With his rimless glasses scanning the tables like a hawk he was already getting a reputation as a sharp customer.
The manager of the Ritz said in a written statement for Law Enforcement that he was the most successful player in his 25 years of employment at the Casino. He admitted they checked the wheel for tampering, but no evidence was found.
Don’t believe the Croatian rested on his laurels, since he’s raided Casinos in Romania, Poland, Slovakia and Kenya where the countries wanted him arrested. Therefore, it was a scoop and a rare event when Bloomberg senior writer Kit Chellel tracked Tosa down for an interview where he admitted being adept at “cerebral clocking”.
How He Beat the Casino
The myth or the man Niko Tosa will have you believe that he can read certain roulette wheels and accurately predict where the ball will land.
In his rare interview, he detailed how he was adept at cerebral clocking and that splits opinion in the wagering community. On one hand, I have seen cerebral clocking firsthand back in the 1990s in underground casinos in Amsterdam, so I know it is possible. The Roulette wheel was shined up between throws and there was a bias created and an element of skill involved for many who participated.
If you are good enough to beat the House and you know it, you do prepare thoroughly and that appears the way with Tosa, who leaves no stone unturned in his pursuit of profit. That use of false identities is legendary but true, suggesting he was going to the Ritz in London and the other countries he visited with the one intention!
What is known from his final night at the Ritz, where he made his reputation, was as a team they would wait five or six seconds from the ball being launched on the roulette wheel until moving in harmoniously with their bets in a synchronized precision. The two other players would be seen covering five numbers in a bet known as “neighbors bets” which took in one number plus two on each side.
Mystery still surrounds Niko Tosa’s success in the game of roulette, nothing is nailed down as the reasons, only he and his confidantes will ever know. Either way, they were hugely profitable on that, and many other occasions and that sort of coincidence is impossible.
Why Most Gambling Systems Don’t Work
It can be a myth that there are many gambling systems that work but most systems don’t work!
The reason for this is that beating the game with a system of play alone is impossible long-term because they are mathematically set up to make a percentage yield for the house.
A staking plan is a slightly different scenario when used within a system.
The best-known system is the Martingale System – The strategy for the Martingale System is simple in theory, asking the player to double his stake after each losing bet. Sounds easy doesn’t it but Casinos have safeguards in place as regards player stakes. Say a player starts at $1, then $2, then $4 onwards, by the time you have had 9 losing bets in succession and staked $1023 after the $512 stake on bet #9 a problem is created as most house rules dictate, they will not take bets over $1000 but the system dictates you wager $1,024 next.
Keep in mind that house rules change from casino to casino – table to table, with some having a lower maximum bet of $50 or $100 bringing a negative equity position much sooner.
Stearn System is a modified Martingale, but both rely on the old gambling fallacy, and neither is a sure-fire system due to house staking limits.
We advise that if you know a gambling system and want to try it, check out the house rules over maximum staking to avoid being caught in the negative equity trap that many have before.