Lucky Devils: The True Story of Three Rebel Gamblers Who Beat the Odds and Changed the Game by Kit Chellel
My rating: 5 of 5 stars

Publisher Site — Simon & Schuster

Release Date: April 14, 2026

This book provides a fascinating look at the field of “advantage gambling” from the 1970’s through the 1990’s / early 2000’s. Advantage gambling is the use of applied mathematics and computing to snatch up part of the advantage in odds that normally accrues to “the house” (i.e. the casino / gambling establishment) to make gambling not so much a sucker’s game. Card counting is a specific variety of this undertaking. This story is largely told through the life stories of three prominent advantage gamblers, Bill Benter, Bill Nelson, and Rob Reitzen. While the book starts with card counting in blackjack, it broadens beyond that — and even beyond the casino — into horse races and online poker.

As one reads about the activities of these gamblers, one also learns about intriguing, related subjects such as the mafia’s hand in Vegas, the development of computing technology (as it applied to gaining advantage,) and even how a younger Trump managed the challenging task of losing money through casino ownership.

If you’re interested in how smart people have tried to beat the house, and the risks that that entails, I’d highly recommend this book. I found the book compelling from start to finish.

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