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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 ...
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 ...
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.
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.
Mode (s) Single-player, multi-player. Blackjack is a video game simulation of blackjack designed by Bob Whitehead for Atari, Inc. for its Video Computer System (later known as the Atari 2600). The game allows up to three players to play a variation on the traditional card game of blackjack. Each player is give 200 chips where they can bet 1 to ...
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.
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 ...
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 ...