Winning blackjack using a system... online...
 

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...

Online casinos probably have an ever ending card shoe, thus you can't figure out the shoe count.

werd

Is the card shoe the box they grab cards from? I guess you're saying that online each card is purely random, not pulled from a diminishing stack.

rules have changed since then

Plus, you won't stand a chance using the tactics they used now.

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.

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.

but in the end they lost it all.

and you have to remember they had about $2,000,000 to START
with from corporate sponsors.

their plan back fired, people started getting addicted to the
shit, lost focus, and dropped out.

in the end, the lost all of their sponsor's money.

they were better off putting the $2,000,000 on black. not even
a bunch of smart ass MIT kids can beat the casino.

The book is called "bringing down the house" I believe...

i never played games online, always took it to the casino to play

here is the url:
http://www.amazon.com/exec/obidos/tg...41503?v=glance

read bringing down the house couple of weeks ago.. nice book, but you can't count cards online as the shuffle each time before dealing..

I played with card counting 20 years ago, made some money but its brutally hard and tiresome - worse job I ever had in my life. Read Kenny Ustin (sic) book - Million Dollar Blackjack for an overview.

You can make money because the cards are not always random - a few times a night the remaining deck is ace and 10 rich and you can move in for the kill.

With random decks played by online though, its not possible to beat.

i watched that last night
something like Breaking vegas or something on the history channel