The Counting Game.

The Counting Game

Alan Berg, CPA

Barricade Books, Inc.

185 Bridge Plaza North, Suite 308-A, Fort Lee, NJ 07024

9781569803349, $14.95 www.barricadebooks.com, 1-800-592-6657

The Counting Game: An Accountant Reveals How to Win at Blackjack is different from an ordinary "how-to" gambling guide in that author Alan Berg is not only a skilled professional gambler (so good at winning money through card counting he's been banned in casinos across America), but also a certified public accountant. The Counting Game teaches the reader about the mechanics of card counting, the savvy acting skills needed not to get caught doing it, and especially about tax law, including how to take the government's due into account when calculating one's gambling profits. In particular, Berg notes that tax law is brutally regressive to recreational gamblers, effectively amounting to double taxation (and it's not much nicer to professional gamblers, who must adhere to stringent criteria to be considered such by the IRS). Taking the hypothetical example of a female recreational gambler who wins a $7000 casino jackpot and then amasses $7000 of losses in subsequent plays: "Her preparer explains that the $7000 win, even though wiped out by aggregate losses of roughly an equal amount, reduce her refund to the tune of $1475!" Although The Counting Game is the "must-have" blackjack counting book for anyone seeking to make money at casino tables, it effectively (and unintentionally?) is also one of the strongest exhortations not to gamble at all, simply because it spells out the unvarnished truth about what gambling for a living is really like, the severity of its risks, and the demands it makes upon a player. Highly recommended.