Monday, March 29, 2010

Josh Axelrad: Gambling Addiction


Many people have a serious problem with gambling. Out of these people, Josh Axelrad is a good example of someone with a problem. He is thirty-five years old and is considered a professional card counter and blackjack player. He was a member of a gambling team called "Mossad" for five years.


All the members in his gambling team had different roles. The positions were spotters, who would keep track of the cards until the odds were titled to benefit the bettor; controllers, who were responsible for odds and strategy; and B.P.'s (big players), who would start placing large bets.


Along with being obsessed with gambling, Axelrad wrote a book about it called "Repeat Until Rich: A Professional Card Counter's Chronicle of Blackjack Wars." In this book, he estimated that he won about $700,000 for Mossad. However, after his five-year career with this team, he became addicted to online poker and went broke. Surprisingly, he gave up gambling for years.


Being a professional card counter, he says counting cards in not illegal and some casinos ENCOURAGE it. The only thing casinos don't like about card counters is if they're good enough to win.


Josh Axelrad was so obsessed with gambling, he went to a casino one time and acted as if he was mentally disfunctional. He has also acted like he was drunk and on drugs. He was won lots of money, and lost lots of money. It is still a big problem and very addicting.

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