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Basics. [edit] Card counting is based on statistical evidence that high cards (aces, 10s, and 9s) benefit the player, while low cards, (2s, 3s, 4s, 5s, 6s, and 7s) benefit the dealer. High cards benefit the player in the following ways: They increase the player's probability of hitting a Blackjack, which often pays out at 3 to 2 odds (although ...
Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions is a 2003 book by Ben Mezrich about a group of MIT card counters commonly known as the MIT Blackjack Team. Though the book is classified as non-fiction, The Boston Globe alleges that the book contains significant fictional elements, that many of the key ...
The newly capitalized "bank" of the MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000, with both outside investors and players putting up the capital. Ten players, including Kaplan, Massar, Jonathan, Goose, and "Big Dave" (aka "coach", to distinguish from the other Dave from the first round) played on this bank.
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. [1]
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] Jones is featured prominently in the 2011 award-winning ...
Stones Gambling Hall Cheating Scandal. In late September 2019, Stones Gambling Hall, located in Citrus Heights, near Sacramento, California, came to prominence due to a cheating scandal that became known as Postlegate. Mike Postle was publicly accused of cheating in poker games he participated in during livestream events hosted at Stones ...
The Church Team was a card counting blackjack team that operated from 2005 to 2011. It was started and managed by Ben Crawford and Colin Jones. Over the years the team included approximately 30 investors, 40 players, and various levels of managers and trainers. The team was primarily based out of the Seattle area but had almost 15 players from ...
The robbery crew's brash smash-and-grab approach caught the attention of police in Long Beach, who contacted Beverly Hills to say they had a possible suspect — Tharpe, prosecutors said.