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Tran Organization. The Tran Organization was a criminal gang of casino cheats in the 2000s. The group targeted at least 28 casinos across the United States and one in Canada. The casinos lost around $7,000,000 to the organization. As of 2011, 47 people were indicted, of which 42 had already pleaded guilty in relation to the conspiracy.
The Blackjack Hall of Fame is housed at the Barona Casino, in San Diego, California. The Barona Casino awards to each inductee a permanent lifetime comp for full room, food, and beverage, in exchange for each member’s agreement never to play on Barona’s tables. In winter 2002, a diverse selection of 21 blackjack experts, authors, and ...
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 ...
Died February 3, 2024. Age 90. Al Francesco (born Frank Schipani; December 2, 1933) is an American blackjack player and gambling strategist. Considered to be “The Godfather of Blackjack”, [1] Francesco is recognized as the creator of the team play concept, the “big player” strategy, and the drop card method. [2]
Card counter. Card counters are advantage players who try to overcome the casino house edge by keeping a running count of high and low valued cards dealt. They generally bet more when they have an advantage and less when the dealer has an advantage. They also change playing decisions based on the composition of the deck.
If the dealer shows an ace, an "insurance" bet is allowed. Insurance is a side bet that the dealer has a blackjack. The dealer asks for insurance bets before the first player plays. Insurance bets of up to half the player's current bet are placed on the "insurance bar" above the player's cards. If the dealer has a blackjack, insurance pays 2 to 1.
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. The team and its successors operated successfully from 1979 ...
Barona is located between Lakeside and Ramona, 30 miles northeast of downtown San Diego. The minimum gambling age at Barona Casino is 18. While the legal age for gambling in California is also 18, many tribal casinos in California set an age limit of 21 in order to comply with their alcohol license.
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