He wouldn't do that. He's playing to win, not to gamble. Streaks aren't a statistical phenomenon in the sense that once you start a streak, you'd be more likely to keep winning. As far as non-card counters are concerned, and as far as all players are concerned if a continuous shuffle machine is in use, each hand of blackjack is an independent event. Once this player wins the casino's money, it becomes "his money," not "their money." By "their money" the article meant if he's up during a game and the odds are still in his favor, he'll continue as long as he feels like it. If the odds are no longer favorable, there's no way an advantage player like him would start gambling $2M for kicks.

Note that I am not calling it a lucky streak, it is a winning streak, where a series of hands has left him with more money won than lost - he keeps on going because he's up on the day. The statistics of probability quite happily support this - all I am saying is that a winning streak is feasible, not that it is probable.

I don't really agree. He was a known player, thus he gambled previously.

It's entirely possible he'd just continue playing because he enjoys the came, and knows that for the time being he's "up".

You might be right. Apparently he "would not divulge his betting strategy" (http://www.pressofatlanticcity.com/news/breaking/meet-the-bl...), which means we won't be able to even know if he is an advantage player or just got really, really lucky. Nevertheless, the article I just linked to says that $100,000 per hand is the highest maximum Johnson has ever heard of, so assuming he is in fact the only person betting this much, and since he claims to have bet that much only because he's using a mathematical strategy that puts the odds in his favor, a liberally applied combination of Occam's Razor and Bayes' Theorem suggests that the positive outcome is likely more than just luck but that the odds really are in his favor.