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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.
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.
Blackjack is a comparing card game where players compete against the dealer, rather than each other. It uses decks of 52 cards and descends from a global family of casino banking games known as "twenty-one".
Ken Uston (1935-1987) was a professional gambler who popularized team card counting at blackjack and won millions of dollars from casinos. He also wrote books on video games and computers, and was the subject of a 60 Minutes segment and a documentary.
[citation needed] One way to get an advantage at a casino is "hole carding" where a player tries to look at the dealer's hole card in blackjack and then uses that information to play their hand differently. [10] This clearly gives an advantage to the player since knowing your opponent's cards reduces the risks involved in the game.
Learn about the four U.S. Army engineers who discovered the best playing strategy in Blackjack in the 1950s, based on the player's and dealer's cards. Find out how their work influenced gambling research, card counting systems, and the Blackjack Hall of Fame.
Learn the basic definitions and meanings of terms used in the card game blackjack, such as blackjack, bust, double, insurance, and more. This is not a formal dictionary, but a concise guide for beginners and enthusiasts.
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