Directed by: Wayne Kramer
Starring: William H. Macy, Maria Bello, Alec Baldwin, Ron Livingston, Paul Sorvino, Shawn Hatosy, Estella Warren, Joey Fatone
Bernie Lootz (Macy) is a "cooler" who works for the Shangri-La Casino in Las Vegas under the watchful eye of Sheldon Kaplow (Baldwin). What is a cooler? He's someone who canvasses the casino floor looking for tables or machines where gamblers are winning. He then inconspicuously touches or brushes up against them and their luck changes for the worse. The mind boggles as to how Sheldon can tell if Bernie's magic is working. One night, the casino loses over $1 million and Sheldon asks Bernie what's wrong with him. Coolers were apparently used by old-school casino moguls like Sheldon, and they must've worked once upon a time, but when new investors buy into Shangri-La and inform Sheldon that changes will be coming, Bernie's future as a cooler is no doubt in jeopardy. The idea of Sheldon relying on superstition as a business plan is quite foolish in theory, but maybe it works better in practice.
Bernie and Sheldon go way back. They were friends, until Bernie incurred a gambling debt and Sheldon hobbled him by breaking his kneecap. Even after, Sheldon hires Bernie to be his cooler because anyone with Bernie's luck could surely be used to Sheldon's advantage. However, waitress Natalie (Bello) enters Bernie's life and they fall in love, or at least Bernie falls hard for Natalie. The nature of this relationship is at the center of The Cooler, while Sheldon panics when Bernie suddenly loses his edge and can no longer put the molloinks on unsuspecting gamblers. Alec Baldwin was nominated for a Best Supporting Actor Oscar for his performance and it's notable for its ruthlessness and its cold gestures masquerading as mercy. Just look how he handles the casino's smack-addicted headliner (Sorvino). Sheldon is a monster with a heart of gold. I don't quite buy Sheldon's changes in the final act, but this ranks among the best of Baldwin's screen performances.
Macy relies heavily on his charm as a sad sack. His relationship with Sheldon is essentially indentured servitude, but Natalie could be his way out, if his and her luck holds out. Complicating matters is the reappearance of Bernie's son Mikey (Hatosy) and his pregnant wife Charlene (Warren). Bernie feels guilty about their estrangement, and Mikey plays right to it. Bernie lives to be taken advantage of and even agrees to pay Mikey's debts well after it is established that Mikey and Charlene are con artists. Sheldon can't believe what a fool he is, and neither can we.
More is discovered about the true nature of Natalie, Bernie, and Sheldon's relationships to each other, and that part of The Cooler feels like formula, but the movie is at its best as we see the contrast between old and new in the casino world. Sheldon invites Larry (Livingston), one of the new young investors in the Shangri-La, to witness how the casino protects its investments...old-school style. There is a payoff to that which Sheldon realizes later, and all too late.