The MIT Blackjack Team
This is the story of the rise and fall of an empire created by a group of highly intellectual MIT students who used their brains' prowess to exploit the subtle loophole in gambling. Theoritically, this loophole exists only in the game of Blackjack which, according to experts, has independent outcomes, and most importantly, does not depend on luck, rather, is a game of mathematics. Using a technique labeled "counting", these brilliant MIT students employed this method so effectively, that it ultimately prompted a casino employer to say to one of the MIT Blackjack team pioneers: "You're are too good for us" and subsequently banned all members of the group.
According to the law, the technique that these people used in order to "beat the House" was legal, however, it is considered unethical according to the Casino code. It is considerably ironic of a Casino to speak of morals and ethics, but apparently they do abide by a certain conduct. Read more about the achievements and eventual downfall of the notorious MIT Blackjack team which crumbled due to internal and external conflict. Read more about it here.
2 comments:
You are seen less and less these days. Busy?
pretty interesting.. I was seeing a documentary on Travel-n-Living channel where they said that people have chance of losing more in slot machines and less in blackjack but there you have to use ur mind =P
Las Vegas is so cool because of the ambience and lousy because of the gamblings =S
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