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The MIT Blackjack Team was a group of students and ex-students. The students were from Massachusetts Institute of Technology, Harvard University, and other leading colleges; they used card counting techniques and more sophisticated strategies to beat casinos at blackjack worldwide.
Colin Jones (blackjack player) Colin Jones is a 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]
Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Thorp is the author of Beat the Dealer, which mathematically proved ...
Design and selection of systems. The primary goal of a card counting system is to assign point values to each card that roughly correlate to the card's "effect of removal" or EOR (that is, the effect a single card has on the house advantage once removed from play), thus enabling the player to gauge the house advantage based on the composition of cards still to be dealt.
Ken Uston. Ken Uston (January 12, 1935 – September 19, 1987) was an American blackjack player, strategist and author, credited with popularizing the concept of team play at blackjack. [2] During the early to mid-1970s he gained widespread notoriety for perfecting techniques to do team card counting in numerous casinos worldwide, earning ...
A card counting system assigns a point score to each card rank (e.g., 1 point for 2–6, 0 points for 7–9, and −1 point for 10–A). When a card is exposed, a counter adds the score of that card to a running total, the 'count'. A card counter uses this count to make betting and playing decisions.
21 is a 2008 American heist drama film directed by Robert Luketic and distributed by Sony Pictures Releasing. The film is inspired by the story of the MIT Blackjack Team as told in Bringing Down the House, the best-selling 2003 book by Ben Mezrich. IMDb offers a brief summary of the film: "21 is about six MIT students who become trained to be ...
2. The best possible hand in the game blackjack, made up of an ace and a card valued at 10 (namely, 10, J, Q, K). bust Having a total over 21. bust card The individual card that brings the hand's total over 21. basic strategy A collection of actions that will offer the best odds off the top of the deck.
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