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Learn about the group of students and ex-students from MIT, Harvard, and other colleges who used card counting and other strategies to beat casinos at blackjack worldwide. The team operated from 1979 to the 21st century and faced various challenges and countermeasures from the casinos.
Card counting is a way to determine whether the player or the dealer has an advantage on the next hand by keeping a running count of high and low valued cards dealt. Learn about the basics, systems, and card strategy of card counting in this article.
Edward O. Thorp is an American professor, author, and hedge fund manager who pioneered the applications of probability theory in blackjack, finance, and computing. He wrote the book Beat the Dealer, invented the first wearable computer for gambling, and discovered the Kelly criterion for optimal betting.
Card counting in bridge is considered a very difficult practice to learn, with speedier progress possible through concentration upon one or two suits for every deal played, regardless of the potential influence of the respective hand; through this process, the brain becomes adept at remembering cards.
A book by Ben Mezrich about a group of MIT card counters who took millions from Vegas casinos is challenged for its accuracy and veracity. The book contains significant fictional elements, exaggerations, and inventions, according to sources and critics.
Colin Jones is an American blackjack card-counting expert, teacher, and entrepreneur. He was a founder and manager of The Church Team, a successful blackjack card-counting team based in Seattle, Washington, which won approximately 3.2 million dollars from casinos between 2006 and 2011. [1]
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