MIT blackjack team

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  • SleazyDream
    I'm here for SPORT
    • Jul 2001
    • 41470

    #1

    MIT blackjack team

    ok, watching discovery and something doesn't add up.

    they BRAGGED about 60 people making $4,000,000 over 2 years playing blackjack counting cards.

    ok, that's 2 million a year - cool - BUT 60 PEOPLE!!!!

    that's $33,000 a year PER PERSON. WHY BOTHER?
    This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

    Now read without the word dog.
  • Easton
    Too lazy to set a custom title
    • Sep 2002
    • 9825

    #2
    maybe it was $4mill each they meant to say? *shrug*
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    • stocktrader23
      Let's do some business.
      • Jan 2003
      • 18781

      #3
      Originally posted by Easton
      maybe it was $4mill each they meant to say? *shrug*
      Don't think so.


      Hands Free Adult - Join Once, Earn For Life

      "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

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      • SleazyDream
        I'm here for SPORT
        • Jul 2001
        • 41470

        #4
        Originally posted by Easton
        maybe it was $4mill each they meant to say? *shrug*
        nope.
        This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

        Now read without the word dog.

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        • sternyduke
          Confirmed User
          • Jun 2001
          • 1082

          #5
          certain players made more than others...

          Comment

          • stocktrader23
            Let's do some business.
            • Jan 2003
            • 18781

            #6
            Maybe it's like porn. They accept mediocre pay to be able to say "I coun't cards for a living".


            Hands Free Adult - Join Once, Earn For Life

            "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

            Comment

            • MissEve
              Confirmed User
              • Aug 2002
              • 583

              #7
              The main players were definitely making way more than that. I will have to dig out the book.

              Comment

              • Captain Canada
                Confirmed User
                • Jun 2002
                • 469

                #8
                The main players made way more than that after the initial MIT team were forced to split up. What the show didnt show was the amount of paranoia inside the group - at the end when they were all well know and their faces and identities were included in the Griffin book, they refused to recruit new players, an obvious solution to their problem.

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                • Captain Canada
                  Confirmed User
                  • Jun 2002
                  • 469

                  #9
                  Also the amoount the inital group made was skewed thanks to a tremendous loosing streak near the end - they had no time to recover due to the fact they were now banned all over the world.

                  Comment

                  • MissEve
                    Confirmed User
                    • Aug 2002
                    • 583

                    #10
                    Many of them were on scholarship so Im sure an extra $10k or whatever was totally worth it to them since they werent doing anything illegal.

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                    • rowan
                      Too lazy to set a custom title
                      • Mar 2002
                      • 17393

                      #11
                      If I remember correctly they only played on the weekends. Don't forget the players also had the casinos sucking their dicks.

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                      • eroswebmaster
                        March 1st, 2003
                        • Jul 2001
                        • 20295

                        #12
                        I thought the ones who played were only given a cut..it was those who "invested" on the back end that made the money.
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                        • SleazyDream
                          I'm here for SPORT
                          • Jul 2001
                          • 41470

                          #13
                          Originally posted by rowan
                          If I remember correctly they only played on the weekends. Don't forget the players also had the casinos sucking their dicks.
                          yeah for a poor student the comps alone would be worth it
                          This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                          Now read without the word dog.

                          Comment

                          • FlyingIguana
                            aspiring banker
                            • Mar 2002
                            • 10870

                            #14
                            beats working at taco bell to buy textbooks

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                            • quiet
                              we'll miss you our friend. RIP
                              • Sep 2001
                              • 25115

                              #15
                              breakdown:

                              45% management
                              45% investors
                              10% players
                              we'll miss you our friend. RIP

                              Comment

                              • Mike Panic
                                Confirmed User
                                • Aug 2004
                                • 425

                                #16
                                ^^^

                                saw it the first time it aired as well... good program
                                hire me

                                Comment

                                • stocktrader23
                                  Let's do some business.
                                  • Jan 2003
                                  • 18781

                                  #17
                                  Originally posted by quiet
                                  breakdown:

                                  45% management
                                  45% investors
                                  10% players
                                  Wow. Get banned from every cardroom for a measly 10%. How much did they stake them with?


                                  Hands Free Adult - Join Once, Earn For Life

                                  "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                  Comment

                                  • eroswebmaster
                                    March 1st, 2003
                                    • Jul 2001
                                    • 20295

                                    #18
                                    Originally posted by Mike Panic
                                    ^^^

                                    saw it the first time it aired as well... good program
                                    they are supposed to turn it into a series.
                                    For rent - ICQ 127-027-910
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                                    • SleazyDream
                                      I'm here for SPORT
                                      • Jul 2001
                                      • 41470

                                      #19
                                      Originally posted by quiet
                                      breakdown:

                                      45% management
                                      45% investors
                                      10% players
                                      i laughed at that too. I'd take the training and QUIT the second it become profitable and form my own team for 10%. Even if i DIDN'T have money - it's too fucking easy to get it
                                      This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                                      Now read without the word dog.

                                      Comment

                                      • Peaches
                                        Old broad
                                        • Oct 2002
                                        • 13933

                                        #20
                                        In the book "Bringing down the house" they didn't have anywhere near 60 people.

                                        Comment

                                        • Wiggles
                                          Too lazy to set a custom title
                                          • May 2004
                                          • 14423

                                          #21
                                          Neverthless, its an awesome piece that was done on them. I saw it like 5 years ago, wish I could see it again.
                                          no sig

                                          Comment

                                          • NinjaSteve
                                            Too lazy to set a custom title
                                            • Dec 2003
                                            • 11089

                                            #22
                                            It sure beats working at McDonalds. Oh, and did they include all the free beverages they were able to get at the casino?
                                            ...

                                            Comment

                                            • cfU
                                              Confirmed User
                                              • Jan 2003
                                              • 933

                                              #23
                                              I'm in the middle of that book now, "Bringing Down the House"
                                              - is a very easy read, and good book.

                                              Comment

                                              • Peaches
                                                Old broad
                                                • Oct 2002
                                                • 13933

                                                #24
                                                Originally posted by cfU
                                                I'm in the middle of that book now, "Bringing Down the House"
                                                - is a very easy read, and good book.
                                                I just sent it to my son who's a math genius and living a few blocks away from several casinos

                                                Comment

                                                • steve90
                                                  Confirmed User
                                                  • Oct 2003
                                                  • 2397

                                                  #25
                                                  that was a pretty awsome show. i think they made more after the mit team was broken up and a group of them started a new team

                                                  Comment

                                                  • MichaelP
                                                    Registered User
                                                    • Aug 2003
                                                    • 7123

                                                    #26
                                                    I just don't get why it is "ILLEGAL" to count cards...

                                                    In my mind it is not cheating, it is not like you'd have Xray glasses, your laptop on even a note pad on the table where you are taking notes... everything is in the head of the player. ..

                                                    They just have to shuffle the packs more often or whatever...

                                                    If a guy is able to keep tracking of what's happening on the table.. good for him

                                                    Comment

                                                    • vapewiz
                                                      Confirmed User
                                                      • Nov 2002
                                                      • 1530

                                                      #27
                                                      Originally posted by qwebecexpo
                                                      I just don't get why it is "ILLEGAL" to count cards...

                                                      In my mind it is not cheating, it is not like you'd have Xray glasses, your laptop on even a note pad on the table where you are taking notes... everything is in the head of the player. ..

                                                      They just have to shuffle the packs more often or whatever...

                                                      If a guy is able to keep tracking of what's happening on the table.. good for him
                                                      It's not illegal but once you start winning all the time the casinos ban you.

                                                      Comment

                                                      • eroswebmaster
                                                        March 1st, 2003
                                                        • Jul 2001
                                                        • 20295

                                                        #28
                                                        Originally posted by qwebecexpo
                                                        I just don't get why it is "ILLEGAL" to count cards...

                                                        In my mind it is not cheating, it is not like you'd have Xray glasses, your laptop on even a note pad on the table where you are taking notes... everything is in the head of the player. ..

                                                        They just have to shuffle the packs more often or whatever...

                                                        If a guy is able to keep tracking of what's happening on the table.. good for him
                                                        It is not illegal to count cards...it's just casinos exercising their right to refuse service to whoever they want to.

                                                        People here in Nevada have even started suing some of the casinos for false arrest etc because of how security has been handling this issue along with the metro police department and have won.

                                                        But once again being that they are a private business they can choose who they want in their casinos.
                                                        For rent - ICQ 127-027-910
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