In 1993, CBS News did a “48 Hours” segment on three-card monte games in Times Square, which the city of New York was trying to cut down on. Reporter Richard Schlesinger went with a hidden camera to see a few of the many guys pulling the scam, and then got some insight from my friend Jamy Ian Swiss about how it works and how you can never win. Jamy, one of the top sleight-of-hand magicians in the world, knows quite a bit about street cons, and gave Schlesinger both a demonstration and a lesson.

By the way, if you’re in LA and know someone who can get you into the Magic Castle, go this week and see Jamy performing in the Palace of Mystery.