Blackjack

The blackjack MIT team was a group formed by students from the world’s top universities such as Massachusetts Institute of Technology, Harvard University and Harvard Business School.  This group specialized in creating and implementing card counting or card reading techniques.  The team then used these techniques to take advantage in the game of blackjack at the casinos throughout the world.  MIT team and its successors dominated the gambling scenario from 1979 till the start of 2000.

Even today there are many societies and groups which are following the trend set up by the MIT team.  The most important and foremost aim of these groups is to find ways to beat the undue advantage shared by the casinos all over the world.

First Blackjack MIT Team

In the late winter of 1979, J.P. Massar, who at that time was providing the blackjack course, was contacted by a professional gambler to create a group of card counting students.  The main objective behind the conception of this team was to take advantage of the new law passed by New Jersey Casino Control Commission which prohibited the casinos under its jurisdiction to ban card counters.  Under this new ruling, casinos were allowed only to ban card counters individually.

In the due course of time, a group comprising of four card readers, a professional player and a financier formed the original team.  This team then selected Atlantic City as their operating area and started recruiting more students from Massachusetts Institute of Technology to execute their operations.  This team worked on the casinos of the Atlantic City for a year and was able to create a fourfold increase in their basic bankroll.

Post 90s Blackjack MIT Team

By the start of 90s, this team became unbeatable with more members included into the original team.   The members of this team became regular visitors at Las Vegas casinos.  It is also stated that this team was so successful that they mopped more than $400,000 in just one weekend.  The team used card counting in order to predict the outcome of the game.  The players were trained to read cards and to memorize those cards which have been dealt along with the ones which remained in the shoe.  They used their memory to work out how many high cards could be dealt in their favour thus increasing the chances of their win.

The Modus Operandi

This team visited Las Vegas casinos on every weekend. After selecting a particular casino, a card counter was deployed to sit on the blackjack table to count the cards.  Once he or she was assured that the high cards are to be dealt by the dealer, a signal was given to the other players of the team to join in the game.  The other players acted as high rollers and wagered with big amount of monies.  These big bettors kept on wagering till the card counter signalled them to get out of the game.

End of Good Times

The Blackjack MIT team successfully used their techniques to win millions of dollars from the casinos for a period of time.  It was a matter of time that the casinos became suspicious of their activities.  Investigation agencies also got involved in this case and they started tracking the MIT kids.  Soon their modus operandi was out in the open and the members of the team got blacklisted from the casinos.

Blackjack

Being one of the most popular casino games, Blackjack is played by millions of people both in land based and online casinos.  The most attractive thing about this game is that a player is required to take instant decision for each hand dealt.  This is only possible if you are a skilful player otherwise your decisions can have negative impact on the outcome of the game.  So it will be not wrong if we perceive that blackjack requires more skill and strategies as compared to other forms of card games including poker.

In blackjack nobody else except for the player, including the dealer, can take decisions which can sway the game to one side.  It is the player who can make decisions that can be either positive or negative for his or her game.  All the advanced and sensible players opt to follow the blackjack strategy which is also known as “Basic Strategy”.  There are many other strategies and theories related for getting advantage in the game of blackjack, but in reality most of these cannot provide real edge except for the one which requires card counting.  Some of the strategies which can be used by a player to increase chances of hitting more wins involve the following.

Learning Blackjack Basic Strategy

The first step for being a successful blackjack player starts with learning how to play the game itself.   Most of the players are overconfident of their skills and believe that there is nothing more to learn from the basic strategy.  Even the experienced players sometimes scoff at the idea of learning about such strategy.  Basically the basic strategy is nothing but a set of rules which helps the player to play an optimal hand.  So learning about this stuff can help you to maximize the size of your wins while minimizing the losses.

Splitting the Aces

Majority of the professional blackjack players prefer to split their aces.  After the split, the player will get only one more card, even then it makes more sense as 11 is a very strong number to start with.  In same way you can also split 8-8.  While implementing this strategy, one must keep in mind the fact that the number of decks used in the game also guides the splitting strategy.  The other thing is the playing rules of the casino.  If a casino is liberal with double after split you can opt for splitting more hands as compared to a situation where casino rules states no double after split.

Avoiding the Insurance

Buying insurance for life and property is a good decision but in case of blackjack it should be avoided.  The reason behind this strategy is the fact that losing your initial stake in the game is more worthwhile for a long run rather than protecting it by betting more money by buying insurance.  The Blackjack insurance is not insurance but a side bet which does not decrease or increase the chances of hitting a win.  When a player takes the insurance he is betting on the assumption that dealer got a ten or a picture card.

Opting for Surrender

Even though the word ‘surrender’ gives out negative connotation but in the game of blackjack it can be quite positive for a player.  In other words properly using the surrender option can be a smart bet in cases where hitting or standing can result in a loss.  After considering the two card hand and the dealer’s card you can opt for this option to ensure that you only lose half the amount of your initial wager rather than parting with the whole amount.

Blackjack

If you have been playing blackjack for a period of time then there are more than enough chances that you may be quite familiar with common blackjack myths.  Most of these misconceptions about this game are taken as Gospel’s truth by majority of the players.   All of these blackjack myths are based on personal experience of some players which are now followed by all of us.  These beliefs range from scientific mumbo jumbo to totally foolish notions of luck being affected by another person on the table.

The actual fact is that these myths have no whatsoever impact on your game and most of them are quite false.   If you want to be a successful blackjack player then you should be able to differentiate between logic and absurdity pandered by nincompoops.  In this article we will go through some of the common blackjack myths and reality associated with them.

Winning Streak of Dealer

This myth relates to the concept of hot and cold blackjack dealers.  This results in players avoiding the tables where a dealer is continuously winning for a period of time.  These players will like to join a table where a dealer is going through a losing streak.  The reality is that you can note the winning or losing streak of a dealer but you cannot predict what is in store for the coming time.  The cards of deck are oblivious to the number of wins or loses made by a dealer and they remain so throughout the due course of the game.  No one can foresee what will be the outcome of the next hand as past results never predicts the future results.

Illegality Associated with Card Counting

There is a common belief that card counting is not illegal but a casino can ban a player if he or she gets caught counting cards.  The reality is that even though this famous technique is not illegal but casinos do not want to give out their money so easily.  So casinos make sure that players continue to believe in such notions and avoid using this strategy for their game.  You can use this technique without any fear of being doing something illegal. The actual fact is that once you learn the art of card counting you can significantly decrease the house edge associated with this game thus increasing your chances of hitting more wins.

Always Opt for Insurance

There is misconception that buying insurance for every instance is foolproof strategy. In reality it is one of the worst moves which can be made by a player.  Whenever a player opts for the insurance he or she is giving up thirteen percent of the profit which can be made from a single game of blackjack.  This action drastically cuts down your winning margins and it is always better to avoid this trap.

A Win is Due after Subsequent Losses

There are many players who believe that a win is due after subsequent losses.  In other words, they start betting more heavily in the hope of hitting a win.  The reality is that game of blackjack comes with a probability of 48 percent of winning.  So if you have already lost six or seven hands in a row then it does not make you eligible for impending win in the next game. It is better to avoid playing when you are certain that you are going through a negative variance rather than increasing your losses.

Blackjack, Roulette

Once you are at a land based casino or logged in into your online casino, a huge array of games is there at your disposal. Some of these games are the classic casino games, while other being some new variants or new games all together. Out of the classic casino games, Blackjack and Roulette are considered as the two most popular games favored by millions of people from all over the world.

If you ask other players regarding their interest in both of these games, then you will find that some of them will vouch for Roulette being the best game while other will favor Blackjack as the most popular one. The most common reason given for Roulette as the best game includes its being one of the oldest games and the simple game play involved in it.  On the other hand Blackjack is favored by players for the best odds presented by this game.

Roulette vs. Blackjack for the Least House Edge

Playing Blackjack involves making correct decisions based on the open cards dealt by the dealer.  While doing so, a player has to balance the risk and calculate the probability of receiving the best possible combination of cards which can beat the dealer’s hand.

Playing Roulette is probably the first choice for those people who have just ventured into the world of gambling.  The rules and gaming instruction for this game are quite simple.  The game play includes picking up a number or a combination of numbers from the Roulette board; spin the wheel and if the ball lands on your selected number/numbers or color you win the bet.

It is a general notion that more complex the game will be, lower casino edge it will have.  As per the data available, Blackjack usually has a house edge of 0.5 percent.  Roulette, depending upon the variant you are interested in, has a house edge ranging from 1.35 to 5.26 %.  This difference in the house edge for both games can be attributed to the fact that Roulette is a much simpler game to play as compared to Blackjack.

Roulette vs. Blackjack War of Odds

Whatever happens during the game of Roulette, Odds always remain same.  This can be ascribed to the fact that each spin of the roulette wheel is an independent event.  Even if you are betting on “Black” the odds will always remain in the range of 18/38 or 18/37.  Previous roll of the wheel does not have any effect on the next one.

In contrast, game play of Blackjack on a large extent depends upon the cards which get dealt during the game.  Once a card hits the table, it’s gone thus affecting the composition of the deck till it again gets shuffled.  This means that once a card is dealt, there is no chance that you will receive that card again.  This theory is used as the base for the strategies related with card counting.  Card counters by using “heuristic system” calculate the favorability of the deck and bet accordingly.

Roulette vs. Blackjack Wagers per Hour

If you are interested in both of these games to make money rather than playing for fun then it becomes very important to know about how many wagers can be made in each of these games for the same hours of play.  If you are playing Roulette with five other players then chances are that you will be betting 35 times in an hour.  The number of spins per hour in Roulette is inversely proportional to the number of players involved in the game.

Blackjack to some extent is faster paced in comparison to the Roulette. In the same set of circumstances mentioned above, Blackjack tends to provide up to 60 hands per hour.  This means that you can make more wagers in the game of Blackjack as compared to Roulette.

Does this mean that Roulette loses its crown to the Blackjack? Certainly not.  All depends upon the personality of a player.  If a player wants to play a leisurely elegant game then Roulette is the best game.  Then again if the choice of a player involves card games and he or she likes to make decision based on common logic then Blackjack is a much suitable game.

Blackjack

The game of blackjack is over 150 years old and yet you still find the same old, outdated, inaccurate and, frankly, stupid tips on how to win at blackjack.You will hear players saying they have a system or they can sell you their product that will guarantee riches in a matter of hours when using this sure fire method. But the truth is, if your not a card counter (and even that is not 100%) all you have is common sense plus your own gut feeling when gambling at any casino games. The purpose of this blackjack tips article is to make the blackjack player think and use his or her head when taking on the house at any casino.

Here are 5 must know tips that will help you enjoy your time at the blackjack tables

Tip #1 ” Know when to stand

The standard version of casino blackjack means that the dealer can only stand on 17 or above. So, unless the dealer busts, you are unlikely to win a hand where your cards are lower than 17.So, when the dealer shows eight or above for his card, you should take the hit. The chances of the dealer busting out are low. However, if the dealer shows a 6 or lower and you have 11 or more, you should stand. In this situation, the dealer has a 40% or more chance of going bust.

Tip #2 – When to Double Down

When you have two cards with a total of 10 or 11 and that total is more than the dealer’s up card, you should double down. Otherwise, just take a hit.You receive an additional card when you double down. You must do this everytime you think you are going to beat the dealer by doing so. There is a solid benefit to playing at tables that allow doubling down, so look out for that both online and offline.

Tip #3 – Know when to Hit
If the dealer’s card is a seven or higher, and you have from 12 to 16, you will have to take a hit. However, if the dealer has lower than a seven, you must stand. The odds are that the dealer will bust out. The most he can get is 16 and he will have to take a hit, meaning he is likely to bust.

 

Blackjack

Like most card games, Blackjack has a long and varied history. Unfortunately, the full history has not been discovered, even to this day. It is commonly believed that the early beginnings of blackjack originated in France during the 17th century. It was then known as Vingt en Un, which means “21.” The goal of the Vingt en Un player was to get a “natural,” or a hand of 21. While the goal of a hand of “21” was the same as the goal in blackjack, other parts of the game were quite different.

Blackjack was brought to the United States in the early 1800s. Initially, the game was not very popular. To get more players, gambling houses tried bonus payouts that were given to the player if he got the Jack of Spades and the Ace of Spades as his first two cards. This resulted in the game being called “blackjack.” There were no laws at the time prohibiting card games, so blackjack soon became very popular.

Blackjack professional appear

Professional gamblers noticed right away the great potential of the game, and soon they developed a basic strategy for improving their odds of winning.

Early in the 19th century, blackjack went underground as the U.S. government decided that gambling corrupted society and led to organized crime, so it banned and outlawed gambling activities. However, instead of interest in the game decreasing, it increased and the game became even more popular. In 1931, Nevada decided to legalize gambling, and Las Vegas was born.

As blackjack interest increased, the fields of science and math began to investigate. While Roger Baldwin was the first person to study blackjack and come up with strategies to win the game, the person who is considered to have written the first card-counting system is Edward O. Thorp. He used new machines and calculating systems and in 1962 published a book entitled “Beat the Dealer” in which the first actual blackjack card counting system was written. It became a huge success and took first place on the New York Times bestseller list.

Casinos were terrified. They quickly devised plans to minimize the damage and soon after modified the blackjack rules. Because Thorpe’s book was too hard to understand, all it really did was increase the popularity of the game. After realizing that Thorpe’s book was not a threat to them, casinos went back to the use of traditional blackjack.

Unfortunately, the threat returned in the mid 1970s in a man named Ken Uston. He and his colleagues inserted computers in their shoes and used them to count cards, winning thousands of dollars every month playing blackjack in Nevada. The threat returned again in the 1990s, when a group known as The MIT Blackjack Team made millions of dollars using card-counting techniques.
While no one really knows the complete history of the game of blackjack, it has become one of the most popular casino card games in American history. While it has had a past full of ups and downs, it still remains one of the most played casino card games. Its newest evolution has moved it into the online genre, where today it is played by millions of people all over the world.