De Niro's character, Sam 'Ace' Rothstein, is based on Frank "Lefty" Rosenthal, who was a hell of a handicapper
He was so great that Any time he bets, he could change the odds For each and every bookmaker within the state
Genius at what he was accomplishing with numbers, he proved to a great deal of men inside the Chicago Mob that he was an incredible earner that he could make lots of money for them
Because of this, he was in a position to accomplish no matter what bookmaking, handicapping, he wished to do, Together with the umbrella of protection from those guys
'Ace' runs the casino with the iron fist refusing any outside the house men and women cheating at his tables
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