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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.
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 ...
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 ...
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When the dealer shows an ace and the player has a blackjack, the player can opt for even money and get paid immediately at 1:1. This is a version of insurance rather than a different bet. If the dealer has blackjack, the hand is a push, but the player receives twice the value of the insurance, which is the same as the original bet.
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] Jones is featured prominently in the 2011 award-winning ...
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.
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 ...
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