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The newly capitalized "bank" of the MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000, with both outside investors and players putting up the capital. Ten players, including Kaplan, Massar, Jonathan, Goose, and "Big Dave" (aka "coach", to distinguish from the other Dave from the first round) played on this bank.
The team's principal leader, Micky Rosa is a composite character based primarily on Bill Kaplan, JP Massar, and John Chang. Bill Kaplan founded and led the MIT Blackjack Team in the 1980s and co-managed the team with Massar and Chang from 1992 to 1993, during which time Jeff Ma joined the then nearly 80 person team.
Four Horsemen of the Apocalypse is the name given by gambling authors [1] [2] to the four U.S. Army engineers who first discovered in the 1950s the best playing strategy in the casino game of Blackjack that can be formulated on the basis of the player's and the dealer's cards. The so-called Basic Strategy, which was subsequently refined through ...
The Last Casino draws heavily from the story of the MIT Blackjack Team. The MIT Blackjack Team was a group of students from Massachusetts Institute of Technology who were trained by Bill Kaplan. [4] Kaplan delayed his entrance to Harvard University because he believed he could create a mathematics model that would assist him in being successful ...
21. (2008 film) 21 is a 2008 American heist drama film directed by Robert Luketic and distributed by Sony Pictures Releasing. The film is inspired by the story of the MIT Blackjack Team as told in Bringing Down the House, the best-selling 2003 book by Ben Mezrich. IMDb offers a brief summary of the film: "21 is about six MIT students who become ...
Design and selection of systems. The primary goal of a card counting system is to assign point values to each card that roughly correlate to the card's "effect of removal" or EOR (that is, the effect a single card has on the house advantage once removed from play), thus enabling the player to gauge the house advantage based on the composition of cards still to be dealt.
Blackjack Hall of Fame. Coordinates: 32°56′12″N 116°52′35″W. The Blackjack Hall of Fame at the Barona Casino. The Blackjack Hall of Fame honors the greatest blackjack experts, authors, and professional players in history. It was launched in 2002, and its physical premises are in San Diego, California .
Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Thorp is the author of Beat the Dealer, which mathematically proved ...
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