Posted by Nicolae on September 3rd, 2008 under Blackjack, Card counting, strategies
Tags: Al Francesco, basic strategy, Beat the Dealer, Blackjack, calculators, card counters, card-counting, Casinos, Darryl Purpose, David Layton, documentary film, Dr. Edward O. Thorp, History, Jess Marcum, Joe Bernstein, Ken Uston, Las Vegas, Massachusetts Institute of Technology, MIT, players, systems, The Greeks, The Hot Shoe, Tommy Hyland •
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American mathematician Dr. Edward O. Thorp is considered the father of card counting. His 1962 book Beat the Dealer (ISBN 0394703103) outlined various betting and playing strategies for optimal blackjack play. Although mathematically sound, some of the techniques described no longer apply as casinos took counter-measures (such as no longer dealing [...]
Posted by Nicolae on August 27th, 2008 under Blackjack, Casinos, Celebrities, Gamblers
Tags: Al Francesco, betting, Blackjack, Blackjack Hall of Fame, Breaking Vegas, card tracking, card-counting, casino games, gamblers, investigators, Johnny Chang, Ken Uston, links, media, methods, Million Dollar Blackjack, MIT Blackjack Team, odds, operation, plan, statistical advantage, story, Strategic Investments, strategy, students, team manager •
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The MIT Blackjack Team, as the name suggests, was a group of students and ex-students from the Massachusetts Institute of Technology who attempted to beat casinos at blackjack worldwide. The team and its successors operated from 1979 through the beginning of the 21st century.
The plan and operation
Blackjack gives the house a low statistical [...]
