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Originally posted by rowan
I saw an interesting doco the other day about a bunch of MIT students who developed/refined a system which over time almost guaranteed a profit when playing blackjack at a casino. Eventually it all fell apart because the casinos figured out their deal and banned them. They were not doing anything illegal, but obviously their system was costing the casino. At one stage they were up nearly $900k in profit.
So, if a mathematical system can be applied to blackjack... what do the online casinos do to detect/prevent it?
I'm just curious, I know stuff all about blackjack...
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There has been a few MIT blackjack teams. I read a book about them a few years ago. Also, there is a Discovery Channel program about them.
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what do the online casinos do to detect/prevent it?
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how do they detect it? - people who win consistently and particularly in groups are up to something.
how do they prevent it?
they tell the groups of people that are obviously working together and winning consistently from casino to casino to fuck off or limp for the rest of their lives and blacklist them from all the casinos.