This guy is a fraud.
His story is being pushed by the casino industry in order to attract other whales.
I'll give you guys a reality check. I have been a blackjack card counter since 2000, and have watched the game tighten up immensely. In the 1990s and even the early 2000s, it was possible to make a living as a blackjack card counter. I got into it too late, as everything was getting much tougher right as I had learned how to do it.
Keep in mind, I was never a huge bettor. My bets at the table ranged from $25-$150 per hand to, at most, $300-$1500 per hand (but the latter was unusual). This might sound like a lot, but it's small compared to whales like this Don Johnson guy.
My point is that the casinos have been EXTREMELY wise (to the point of over-paranoia) about advantage blackjack play for the past decade or so.
You think they're paranoid when I sit down and spread $100-$500 per hand? Imagine how closely a guy like Don Johnson is watched, who can take them for millions if they're not careful.
That by itself is why this guy is BS. There is no way a major casino, let alone multiple casinos, would let some whale come in and beat them with a winning strategy in this day and age. There is no such thing as "distracting" anyone, because there are so many eyes on a guy like that, you will never succeed in any form of distraction.
Of course, the guy had to come up with an explanation as to why he was "winning".
He said he wasn't card counting. Clearly the casino would catch that and change the game to where he could no longer advantageously count, so he had to come up with another story.
He can't just say that he was playing perfect basic strategy, because that's a losing game, and it would equate to him simply getting lucky. Nobody is going to admire you for "beating Vegas" for simply getting lucky, just as nobody envies the skill of lottery winners.
He can't say that he cheated, because that would get him arrested (and money confiscated).
So he had to come up with an explanation that would make sense to the average person, even if it fails when scrutinized by experts.
First, as cmoney pointed out, this wasn't a guy who grinded out big winnings by betting big and exploiting small edges over time. By his own admission, his "winnings" came from some monster win sessions that were clearly the result of an amazingly good run of cards.
His explanations as to "edges" he got himself would only give him a small amount of additional winnings over time in the best case, rather than cause staggering wins in a short period of time.
Second, let's analyze the "edges" he negotiated. Here is a cliffs of the video from a 2+2 poster:
1-50k of free chips when he walked in the casino
2-20% discount on his losses (did not give details on when he would get the discount)
3-Change of rules:
-Bigger bets allowed, 25k on 3 hands, 75k total
-dealer stands of soft 17
-double up allowed on any two cards
-split allowed up to 4 times
4-He agreed on some non-standards (seems to me, I'm no expert) hand signal for some actions, hit, stand, surrender. If the dealer missed the signal and made a mistake, it would result in a free win for him.
I'll analyze these 1-by-1.
1) $50,000 freeplay sounds amazing, but if you're betting tens of thousands per hand, it means very little. It would only be meaningful if he ran the $50,000 freeplay, played very little more, and left. He played for a long time each session, so the $50k was relatively meaningless. That's why the casino agreed ot it.
2) 20% discount on losses doesn't mean much if you are paid after a long period of time. This is often wrongly assumed to mean he's getting himself a 20% edge or 20% bonus on all bets, but that's far from the truth. 20% of losses means 20% of OVERALL losses, not 20% back on each hand he loses. If you're playing a game like blackjack without counting cards, it is almost a mathematical certainty that you will lose after a certain number of hands. So if they give him 20% losses back only after a certain large number of hours played, it is meaningless, if those hours are likely to produce losses far greater than 20%.
Believe it or not, if I could get someone to play a million hands of blackjack in my casino, and be guaranteed they weren't cheating or card counting, I would give them back 99% losses and still win!
3) The "change of rules" are not what they appear to be. These are very standard rules for high stakes games. Go into Bellagio and look at their high-limit shoe games, and you will see those exact rules already in place.
4) They agreed to the change in hand signals just to pacify a whale. So he thought he was clever because the casino had to pay him if they misunderstood him and made a mistake. However, this clearly happened very infrequently, again resulting in not much edge overall for Johnson. If a dealer had a chronic problem with misunderstanding the new signals, they would put a dealer in place who could do it better. It's not rocket science. Even if he gained a few hundred K in this overall (and that would be best-case), it wouldn't offset expected losses in the millions.
Bottom line is that this guy is just a typical basic strategy whale who got lucky for a few big sessions, but no doubt is an overall loser in blackjack. He won't even disclose how big his losing sessions were, nor will he present proof that he's up overall.
The casinos are promoting this whale as a success story, and he is enjoying it because it makes him look like a genius.