Episode 76: Earning Over $600K Counting Cards with Colin Jones

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My Guest on the Show…

Colin Jones, founder of Blackjack Apprenticeship, on the show this week to share his crazy story of going from flat broke to generating a very high income by counting cards in Blackjack.

Yes, it sounds absolutely crazy and it was hard for me to digest when I first heard about his story. But, after meeting Colin in person and asking him everything I possibly could, I asked him to share his story.

Colin and I both agree that gambling is dumb. Sure, it’s fun and can be a form of entertainment, but NEVER count on it as a way to provide income.

This is where Colin comes in – he is adamant that he doesn’t gamble.

Instead, he is investing in the game of Blackjack and has an actual advantage over the house. This may also be the reason why he as been asked to leave countless casinos over the past decade for “winning too much”.

I ask Colin a bunch of questions I am sure you’re wondering too.

 

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Mentioned in this Episode


 

Blackjack Apprenticeship

Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions (book)

Beat the Dealer: A Winning Strategy for the Game of Twenty-One (book)

The Blackjack Life (book)

Awesome Money Course

 

Show Notes


Why Colin came on a show about saving money [1:11]

Asking his wife to gamble with one month’s earnings [2:32]

Counting cards isn’t gambling, it’s investing [5:22]

Making $300 an hour at the end of year one [6:22]

How casinos combat card counting [11:07]

Colin doesn’t like casinos [12:40]

Card counting isn’t illegal [14:37]

His best run in Topeka, Kansas [17:51]

You don’t have to be a genius to count cards [19:18]

Turning it into a business [22:16]


 

Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

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