Age, Biography and Wiki

Al Francesco ((Frank Schipani)) was born on 2 December, 1933 in Gary, Indiana,U.S., is an Al Francesco is blackjack player. Discover Al Francesco's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 90 years old?

Popular As (Frank Schipani)
Occupation Professional gambler
Age 90 years old
Zodiac Sign Sagittarius
Born 2 December 1933
Birthday 2 December
Birthplace Gary, Indiana,U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 2 December. He is a member of famous Professional with the age 90 years old group.

Al Francesco Height, Weight & Measurements

At 90 years old, Al Francesco height not available right now. We will update Al Francesco's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Al Francesco Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Al Francesco worth at the age of 90 years old? Al Francesco’s income source is mostly from being a successful Professional. He is from United States. We have estimated Al Francesco's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Professional

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Timeline

1933

Al Francesco (born Frank Schipani; December 2, 1933) is an American blackjack player and gambling strategist.

Considered to be “The Godfather of Blackjack”, Francesco is recognized as the creator of the team play concept, the “big player” strategy, and the drop card method.

1963

In 1963, Al Francesco moved to California.

That same year, Edward O. Thorp’s book, ‘’Beat the Dealer” was published.

The book demonstrated with mathematical proof that card counting could overcome the casinos’ advantage in blackjack, and laid out the details of Thorpe's 10 Count System for card counting.

After significant study and practice, Al Francesco found consistent success at the blackjack tables.

In fact, he was winning so frequently that multiple casinos began banning him from their blackjack tables.

Once open gambling opportunities proved too difficult, Francesco stopped playing for nearly 8 years.

During that time, casinos began to evolve to lower the advantage card counters were able to achieve at their tables.

They stopped playing blackjack with a single deck and began dealing with four deck shoes.

1969

Al Francesco was introduced to the Revere Advance Count method when another mathematician turned author, Lawrence Revere, published a new card counting method in his 1969 book, “Playing Blackjack as a Business.” The new Revere strategy proved to be a winning one for Francesco, and ultimately brought him back to the casinos to exploit his advantage once again.

But just as happened before, the more Francesco won, the fewer casino floors on which he was allowed to gamble.

Success for a card counter was not only in the strategy and discipline of their counting method, but in evading detection by the dealers, the pit bosses, and casino security.

And one day, while playing blackjack with his brother in Lake Tahoe, Al Francisco devised an ingenious new approach to his decades old problem.

While casinos were vigilant against single players who would fluctuate their betting habits throughout the game, indicating a card counter, they hadn't considered several individuals betting in a coordinated way.

Francesco's brother, also a skilled card counter, was playing blackjack and betting $1 per hand and upping his bet to $5 when he felt the remaining deck held an advantaged count for him.

Al Francesco, standing nearby, would watch for his brother's signal, and then join mid-game by backing his brother's bet with an even larger wager of his own.

To the casino, Francesco was simply a fortunate passerby who played a lucky hand.

But Francesco knew he was onto something bigger.

1970

Throughout the 1970s, Francesco recruited, interviewed, tested, and trained dozens of card counters, utilizing the Revere Advanced Point Count System.

He determined the optimal team size was seven members; six card counters, and one "big player" to step in with large wagers when the odds favored him.

1971

Beginning in 1971, Francesco personally recruited and trained disciplined card counters to work together in teams to beat the casinos.

Franceso's teams of blackjack players would station themselves at various blackjack tables to count the decks, and when the mathematical odds turned in their favor, the counters would signal a “Big Player” to come to the table and place large wagers until the edge was lost and once again favored the dealer.

While most card counters would eventually be discovered by casinos through their betting patterns and banned from further play, Francesco's unique team concept helped his players evade detection and continue winning.

At its peak, Al Francesco's team was taking casino trips with up to 22 members, including three “Big Players”: Ken Uston, Bill Erb, and Blair Hull.

From 1971 to 1977, Francesco's teams traveled to casinos all over the world: Las Vegas, France, the Bahamas, Panama, Korea, Monte Carlo, and more, and won millions.

“Al Francesco” is the most well known pseudonym used by Frank Schipani during his gaming exploits; other aliases used throughout his gambling career include "Frank Salerno" and "Frank Fisano."

Frank Schipani resides in Richmond, California, and remains active in the gaming world.

While largely retired from the blackjack tables, Schipani manages a large banking operation throughout California's many card rooms to facilitate private betting.

He is also an avid horse racing fan, and continues to seek a data-driven edge in the sport.

1977

In 1977, after team member Ken Uston published a book called “The Big Player” which exposed the group and their methods, Francesco and his associates were largely barred from casinos, and the team fell apart.

Even though he personally retired from professional play, Al Francesco's system of team blackjack play lived on.

It was adopted and replicated with great success by the MIT blackjack team, the Czech team, the Hyland team, and the Greeks team.

2002

In 2002, because of his long and lasting influence on the game, Francesco was inducted into The Blackjack Hall of Fame as an inaugural member.

Born in Gary, Indiana, Al Francesco was drawn to gambling and card games early in life.

By his late teens, he was already honing his skills in neighborhood games of Greek Rummy, and before long, Francesco was winning regularly.

Eventually, he was earning $5,000 per year – then the equivalent to an average annual salary.

2008

Francesco's methods were featured in the book Bringing Down the House, and in the 2008 Hollywood film 21.