2 gamblers take NJ casino for more than $11M

[Doomsday101]

Same here. I look at it the same way as going to dinner or other form of entertainment, I am there to have fun and only bring with me what I wiling to lose. Expecting to win when luck is such a big factor is just moronic in my opinion.

Exactly. I have gone to the tables and won, in Tahoe I was ended up with 900bucks in winnings in the end it paid for most of my vacation but the object was not to strike it big it was to go out and have fun.

Play what your willing to lose and have a fun time that is what it is about.

 

[gmoney112]

That's a great publicity stunt. What better way to attract high stakes gamblers than to make it seem like the the games are beatable?

 

[Doomsday101]

That's a great publicity stunt. What better way to attract high stakes gamblers than to make it seem like the the games are beatable?

The games are beatable

In Las Vegas, the house always wins — unless you're a math whiz from MIT.
A group of MIT students found out how to break the bank in Las Vegas — and did so throughout the 1990s, to the tune of millions of dollars.

Through the years, a group of math students at the world-famous Massachusetts Institute of Technology has focused their considerable brain power on a very extracurricular activity: gambling — specifically blackjack.

The students realized that blackjack was the only beatable game in casino gambling — and beat it they did. By the 1990s, the team — whose membership rotated over the years — was making regular trips to Las Vegas and winning big.

 

[gmoney112]

The games are beatable

In Las Vegas, the house always wins — unless you're a math whiz from MIT.
A group of MIT students found out how to break the bank in Las Vegas — and did so throughout the 1990s, to the tune of millions of dollars.

Through the years, a group of math students at the world-famous Massachusetts Institute of Technology has focused their considerable brain power on a very extracurricular activity: gambling — specifically blackjack.

The students realized that blackjack was the only beatable game in casino gambling — and beat it they did. By the 1990s, the team — whose membership rotated over the years — was making regular trips to Las Vegas and winning big.

You are about 15 years late. Blackjack has been completely reformed since then because anyone with a basic understanding of Stats could have crushed the game with their simple counting system. Odds, shufflers, and MIT counters have all contributed to give the house an edge.

The smallest house edge you'll find in a casino is Craps barring you know how to play. Poker can yield positive equity variance depending on your skill and the amount of alcohol your opponents have ingested.

 

[Hoofbite]

You are about 15 years late. Blackjack has been completely reformed since then because anyone with a basic understanding of Stats could have crushed the game with their simple counting system. Odds, shufflers, and MIT counters have all contributed to give the house an edge.

The smallest house edge you'll find in a casino is Craps barring you know how to play. Poker can yield positive equity variance depending on your skill and the amount of alcohol your opponents have ingested.

I wouldn't call it simple.

Maybe the actual counting itself but developing a system that is statistically sound probably took years and years.

And that's the genius part of it. They spend more brain power than any of us ever could creating a system that most of could probably master if given enough time.

 

[Doomsday101]

You are about 15 years late. Blackjack has been completely reformed since then because anyone with a basic understanding of Stats could have crushed the game with their simple counting system. Odds, shufflers, and MIT counters have all contributed to give the house an edge.

The smallest house edge you'll find in a casino is Craps barring you know how to play. Poker can yield positive equity variance depending on your skill and the amount of alcohol your opponents have ingested.

Blackjack has not changed at all I have no clue as to what your talking about.

I do agree that Craps is a game where your odds are fairly decent.

 

[YosemiteSam]

I only play Poker and I only play with friends. We mainly just have a cheap $20 buy in and play with coins. The money is solely to keep you honest as we don't allow anyone to re-buy in if they lose all their money. If we do, it has to be a unanimous vote.

 

[gmoney112]

Blackjack has not changed at all I have no clue as to what your talking about.

I don't even feel like getting into this. If you think casino's are living in the stone age with technology and did not change the game after the most famous counters in recent history took them to the bank, you are completely and utterly ignorant. The shufflers alone are being programmed by IT professionals to maximize profits.

That's all I'm going to say about that.

 

[Doomsday101]

I don't even feel like getting into this. If you think casino's are living in the stone age with technology and did not change the game after the most famous counters in recent history took them to the bank, you are completely and utterly ignorant. The shufflers alone are being programmed by IT professionals to maximize profits.

That's all I'm going to say about that.

There are still 52 cards in a deck there are still up to 8 decks of cards in a chute depending on the casino you are at. How the cards get shuffled does not change anything.