MIT | great poker player
One For Bad, Two For Good
by
American Way StaffCan you, personally, bet
in those casinos now?I would definitely be
kicked out if I tried to bet big. But I don't. I go back to
Vegas every few months, and I still like to play, but just
normal bets -- $25 a hand or whatever. I'm more into poker now.
But I'm not a great poker player. I'm not a gambler. I'm a
storyteller.
Do you think the movie will
spur folks to give blackjack and card counting a
try?Movies are so much bigger than books, so I'm
sure it will. I see people reading my book on the flight to Vegas.
I see it all the time. That's the worst thing you could
do. The MIT blackjack team practiced for six months for hours a day
before trying it. And they had a team. And they were MIT students.
But everyone has a dream when they go to Vegas.
Card Counting the MIT Way
Blackjack is the only casino game with a memory. When
you play craps, your last roll has no effect on the dice on your
next roll. But in blackjack, when a low card -- six or lower -- is
dealt, there is one less low card in the deck, even when the
dealing is done from a stack that is six decks deep. That changes
the odds that another similar card will come. Slightly.
In 1963, an MIT professor named Edward Thorp ran
simulations which showed that the more low cards remaining in the
deck or decks, the more the outcome favors the dealer. The more
high cards remaining, the more it favors the player. (That's over
the long run, anyway.)
Related Topics:
Print this Article |