Mit Students Counting Cards

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I didn’t know the first thing about card counting but I had to find out more. I learned that the team was a legal entity – a limited partnership called Strategic Investments (SI). SI’s business plan was to recruit MIT students, teach them to count cards and then unleash them on. Learn how the MIT Blackjack Team from the movie 21 beat the casinos for millions. Features World Series of Blackjack Champion, Mike Aponte. You can learn mo.

If you know the MIT blackjack team you should know all strategies and systems they used for winning: card counting was the main of them and it really worked for the team. Edward Thorp explained the concept of card counting to all average players in 1962 when published his book ' Beat the Dealer '. Mike Aponte, leader of the MIT Blackjack Team featured in the movie 21, provides a Card Counting 101 from the Def Con XX conference in Las Vegas.You can lear.

Must Watch: 21 Trailer - Card Counting MIT Students

by Alex Billington
November 16, 2007
Source:Yahoo

I don't know what it is, but I LOVE heist movies. I just can't get enough of them. Ocean's 13 was one of the best movies this entire summer, and I'm in the midst of watching The Italian Job again. Another movie (that is somewhat a heist movie) that has just shot its way to the top of my must see list for 2008 is 21. It has the absolute perfect cast: Across the Universe's Jim Sturgess in the lead, Kevin Spacey as the teacher and leader, the delectable and delicious Kate Bosworth, my new favorite comedic actor Aaron Yoo, and a commanding Laurence Fishburne. Then you throw in cards (and my love for poker), schemes and making money, and Vegas, and I'm hooked.

Watch the trailer for 21:

[flv:21-trailer.flv 502 238]

21 is directed by Robert Luketic, who previously directed Legally Blonde, Win a Date with Tad Hamilton!, and Monster-in-Law. The film is based on a book titled 'Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions' by Ben Mezrich. The script was written by Peter Steinfeld (Analyze That, Be Cool) and Allan Loeb (Things We Lost in the Fire). 21 arrives in theaters next year on March 28th, 2008.

1

Sounds cool. It's Blackjack not Poker though..

mateo on Nov 19, 2007

2

Finally!!! I've been waiting for this since they first reported it a while back. Over a year ago if i'm not mistaken.

c00lburn on Nov 19, 2007

Students

3

Looks really great. But let's remember: this is fiction. I was in the MIT blackjack team for a couple of years, and although the basic premise of this story is true, the details are made up (or greatly exaggerated). No one got beat up, for instance. And the team was not some secret thing - they recruited using posters and met in classrooms. That aside, it looks like a fun flck and I will be the first one in line when it hits the theaters. Just keep in mind it's just a movie.

Mit students counting cards in las vegas

BJPlayer on Nov 20, 2007

4

This movie is based on the story of the MIT Blackjack team: it does not really stick to the facts. Atcually the team was mostly composed in Asian members.

21 trailer on Nov 20, 2007

Mit Card Counters

5

The MIT team has had many incarnations, and I have played in or known people in many of them. I would not say that it was 'mostly composed of' asian students, but a few key members were asian during the time depicted in the movie. Pretty much anyone who had the inclination and could pass the test could join, as far as I know.

BJ21 on Nov 22, 2007

Students

6

I worked on this film as a cocktail waitress at the Riviera Hotel and Casino. From the trailer it looks like it will be a good Blackjack film. See you at the movies!

LasVegasGinger on Mar 6, 2008

7

What are the names of +5, +6, +10 and +18?????????

Dean on Jun 3, 2008

8

I have just watched this trailer. It is amazing!

Custom essay on Sep 17, 2009

9

I agree with BJPlayer. The movie is great, it tells you a true story, but there are some mistakes. For example in the movie, a math professor (Kevin Spacey) leads the team. The 21 true story reveals that the real MIT Blackjack Team was led by three students, none of whom were professors.

Forum 21 on Oct 8, 2009

10

Igot news for you people who believe this nonsense. I have counted cards. I have played progressive. One day I won a solid seven hours I never busted six in a row in that time. The next day I went three hours before I busted six in a row. Then over the course of the next couple days I busted six in a row three times in an hour nad a half. I know from experience these MIT students are lying. You can only win millions if you are betting serious money. Even if they had people take cards before them and bow out it still doesn't mean they won big. For one thing if they played progressive they would have to bet big.When I played progressive I won religiously $350 an hour. That is starting at $10. So if there was a table you could start at minimum bet of $100 you could win $3,500 an hour if you could double five times after your first bet and usually you can't. On the bigger tables you start at $500 and only go to $2,500.I say the MIT students are a bunch of liars and now way they won even a million. Because if you're at a table betting $1,000 and then you throw down $5,000 for one thing how many will you win? No guarantee. If you win 2 out of three it would take you along time. THen you luck changes and you lose 2 out of 3.I know this for a fact. If you play according to how you should play like double and split what you are suppose to you will win nothing. The only time I ever won was when I didn't double or split anything. Or when I played progressive. When you double and split you might go ahead $1,000 and then an hour later you will be even. When these MIT kids laid down $10,000 and lost the next win means they are even. Black jack is an even game, except for one little thing. You play to increase your hand and you bust then the dealer wins. They say Black jack you can even put the odds in your favor and this is total bullshit. All games are in their favor. Sure you hear of people winning all the time. But you never hear when they lose. You go to a Casino 10 times and you will never win. It is a waste of time. You can't beat them. Big deal you sit there and play black jack for $5 for 3 hours and only lose $2000. You still threw your money away. So MIT students you are lying you might have made $100,000 or a few more, but just like everyone else you would never admit you lost. It was a good story. You Asian bastards love to gamble and so do the Swamp Guineas, but Germans, Swedes, Finns ad Norwegians aren't into the gambling thing. People should not allow the Casinos to be anymore than an even bet. If you play a bet on roulette wheel and let's say you bet $10. IN 100 rolls you will lose at least 56 out of 100 and this is why they win. Black Jack seven players play and 5 bust trying to get better hands. Then one wins and the other is a push. This is why they win. Don't go and get the bug. Why ever give the Casinos any of your money. For one thing say you travel four hours by car to get to the Casinos. That means 8 hours wasted. You'll burn $100 in gas. So you are already down before you start. Leave the Casinos alone. Because if you win you will go back and then lose and then you are out two days. If you lose you'll want to go back and win what you lost. I have played black jack at least 200 hours and I think I know the game.

Joe.Bassett on Feb 7, 2012

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Card counting has been in use since decades, but it got much publicity recently when the movie '21' was released. MIT blackjack team's play had been based on card counting techniques, so we can talk here about MIT card counting.

Card counting is a strategy used to determine when the player has advantage at the game. Card counting is used mainly in blackjack and its other forms like Spanish 21.

How It All Began

With the card counting theory, players can determine their probability ratios of their advantages and disadvantages during the game. Using this they can then determine whether to play or not and how much to bid which increases their levels of earning.

When players use only basic strategy in blackjack, even if it is perfect, they only have an edge of around 0.5%. A player who uses card counting techniques and uses it to his advantage will have an advantage of 1% approximately against the casinos. It is even possible to have an advantage of around 2.5% in certain games like Spanish 21.

However, this would depend on the skill levels of the player as well as various other factors like the penetration level, number of hands played per hour and several others. Blackjack has a high level of variance so even those who are skilled card counters would generally have to put in hours of play for making a sizeable amount of profit.

Also, the amount of profit generated by a card counter would also depend on the average bets he makes. If a player having a 1% advantage makes an average $50 bet then he would win around $0.5 per hand. This would mean that if he plays 50 hands every hour he would win $25. If he bets more he would win more.

A player who uses card counting techniques would generally try to increase the levels of profits by betting more. This would mean that a card counter would need a sizeable bankroll to make most of it. By calculating the odds of winning the player can then make the most of it by betting large amounts on hands where he/she has a higher probability of winning and not betting on hands where there is low probability of winning.

In the earlier days, card counting used to be done with the mind solely. Individuals good at math and those with a knack of quick calculations in the mind used to have an edge over the other. In the recent years, with the advancement in technology, there are plenty of devices available, which are used for card counting.

However, using devices for card counting is illegal in all casinos. Devices like applications for iPhones and other hand held devices were declared to be illegal for card counting by the Nevada Gaming Control Board in 2009. However, counting with your mind is still legal and according to many serious card counters it is even more effective.

MIT Books

Bringing Down the House

by Ben Mezrich

Price on Amazon: $11.21

Busting Vegas

by Ben Mezrich

Price on Amazon: $11.21

Million Dollar Blackjack

by Ken Uston

Mit Students Counting Cards Vegas

Price on Amazon: $11.21