Magician re-creates how he lost bet after bet with a clever gambler. Two red spot and one blue spot cards are shown. Trying to locate the blue card becomes impossible when magician shows that all cards are now red. It should now be easy to find a red card, but not so, since all the cards change to blue. After several amazing changes magician explains that the gambler offered him a chance to get even after losing $7.00. Two cards are placed face up on the table, one red and one blue. Name the color of the third card and were even said the gambler. Ask the audience what they would say - but no matter the response turn the card over which says "YOU OWE ME $14.00".
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I have used the color monte for over 15 years and it never, ever fails to get the reaction that evey magician hopes for. - Joe