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Renowned MIT card counters return to Vegas — this time as gaming panelists - VEGAS INC

They used math to beat casinos for a living. Their exploits have been immortalized on the silver screen — in films like "21" — and before that between bindings on the best-seller list. Educated at the prestigious Massachusetts Institute of Technology, the MIT Card Counting Team hauled millions of dollars out of casinos from coast to coast throughout the '80s and '90s. Now, the team is long gone, but a few of its former members made an appearance at the 15th International Gambling and Risk Taking Conference at Caesars Palace this week to look back at their time counting cards for big cash. You might recognize Andy Bloch, a self-proclaimed inventor and frequent player at the World Series of...

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MIT Blackjack Team

MIT Blackjack Team The MIT Blackjack Team was a group of students and ex-students from Massachusetts Institute of Technology, Harvard Business School, Harvard University, and other leading colleges who used card counting techniques and more sophisticated strategies to beat casinos at blackjack worldwide. The team and its successors operated successfully from 1979 through the beginning of the 21st century. Many other blackjack teams have been formed around the world with the goal of beating the casinos. Blackjack and card counting Blackjack can be legally beaten by a skilled player. Beyond the basic strategy of when to hit and when to stand, individual players can use card counting, shuffle...

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MIT Blackjack Team - Wikipedia

MIT Blackjack Team The MIT Blackjack Team was a group of students and ex-students from Massachusetts Institute of Technology, Harvard Business School, Harvard University, and other leading colleges who used card counting techniques and more sophisticated strategies to beat casinos at blackjack worldwide. The team and its successors operated successfully from 1979 through the beginning of the 21st century. Many other blackjack teams have been formed around the world with the goal of beating the casinos. Blackjack and card counting [ edit ] Blackjack can be legally beaten by a skilled player. Beyond the basic strategy of when to hit and when to stand, individual players can use card...

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MIT Blackjack Team, PlayBlackjackOnline21

MIT Blackjack Team Beginnings Perhaps the biggest break for the MIT Blackjack Team occurred in 1979 when New Jersey's Casino Commission legalized card counting. Thus, the MIT Blackjack Team could go gamble in Atlantic City and use their magic strategies. A Blackjack player known simply as "Dave" was the leader of the foursome; the other three were MIT grads. Their first run on Atlantic City was pretty much a failure, and Dave was removed from his position. He was replaced by Bill Kaplan, someone "Mr. M," one of the other team members, knew. Under his tutelage, the MIT Blackjack Team began to succeed on a large scale. Big Money The team's initial investment had been $5,000, and they soon...

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Full Info on MIT Blackjack Team - Read, Learn and Explore

MIT Blackjack Team - Best Blackjack Team Ever A man can hardly find a blackjack-related person who had never heard about MIT blackjack team. Since 1979 and till the beginning of 21st century MIT became a legendary crew which earned millions of dollars from casinos and could not be caught because of their high professionalism and skills. The Beginning The MIT team itself began with a blackjack course in Massachusetts Institute of Technologies which was taught during Independent Activities Period in January 1979. A few MIT students which were fond of poker attended the abovementioned course and learned the ways of counting cards and basic strategies used in blackjack. In spring, 1979 the...

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MIT Blackjack Team - 21 Movie - MIT Card Counting Team

The MIT Blackjack Team The Basis for the 21 Movie The MIT blackjack team, formed in the early 1990's, was a group of collegiate MIT gamblers that used mathematics to beat the house at the game of blackjack. A campus club turned serious underground blackjack ring comprised of MIT students, the MIT blackjack team formed a quick-witted crusade to pinpoint and take advantage of casino vulnerability. No card scam has been as infamous and calculated as the MIT card counting heist that the MIT blackjack team employed in a high stakes bamboozle at which they bilked Vegas circuits for millions of dollars in smart and daring card playing. Based on keeping a running tally of cards dealt, a sharp...

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The MIT Blackjack Team - Casino Blackjack

The MIT Blackjack Team Although card counting is a well known blackjack strategy, most of the successful card counters are completely unknown. They either purposely keep a low profile, or they are caught and kicked out of the casinos for life. It wasn’t until a team of MIT students and Harvard Business school graduates went on a multi-million dollar winning streak, that anyone in popular culture took notice. 1979 – Massachusetts At the prestigious Massachusetts Institute of Technology (MIT), there was a very unique course called “How To Gamble: If You Must“. A handful of classmates decided to take their knowledge, along with $5,000, to Atlantic City to win big. In...

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MIT Blackjack Team, Bill Kaplan, Card Counting, Shuffle Tracking

MIT Blackjack Team - An Incredible Story of Success As far as the game of blackjack is considered, both individual players and versatile teams have tried to win large sums of money in the casinos, though the latter have succeeded in it more. In this respect, the most successful gamblers within the whole blackjack history may, perhaps, be named the members of MIT Blackjack Team, who have, in fact, managed to take advantage over gambling establishments not taking into account the gambling legality. How it All Began The story of MIT Blackjack Team is dating back to the 20th century and is known to be mainly connected with the former students of Massachusetts Institute of Technology (MIT),...

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MIT Blackjack Whiz Jeff Ma Publishes 'The House Advantage', Hyphen Magazine

I don’t know how he knows because we’ve never met, but as soon as he turns the corner Jeffrey Ma heads straight for me, says ‘Hi, I’m Jeff’ while extending his hand, and immediately suggests that we conduct the interview outside. Apart from quickly adding, "Unless you’re too cold…" he makes no small talk nor attempts any pleasantries, and he doesn’t smile. Ma’s right-down-to-business attitude helps to explain his many successes. While recently selling his sports media company Citizen Sports to Yahoo!, Ma is best known as the blackjack whiz who inspired the book Bringing Down the House by Ben Mezrich and later the blockbuster Hollywood movie 21 . The movie, adapted from the book, tells...

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The Return of the Card Counters - MIT Technology Review

The movie 21 earned little praise from critics, and it disappointed alumni who’d hoped for a less Hollywoodized adaptation of Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions. But the week before the movie’s March release, MIT students crowded into 26-100 to hear Michael Aponte ‘92 and David Irvine ‘95 talk about their adventures on the MIT blackjack team, whose exploits Ben Mezrich retold in his best-selling 2002 book. The house always wins? Hah! Jeff Ma ’94, who helped the MIT blackjack team beat Vegas at one of its signature games, appears in a cameo role as a blackjack dealer in Columbia Pictures’ 21. Other members of the team also found their...

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