Mit Card Counting

Posted : admin On 4/3/2022
  1. Mit Card Counting Movie
  2. Mit Card Counting Scheme

Card counting is a system that experienced blackjack players use to get a profitable advantage over the casino. There are many individual “counts” or systems. Many of them are named after colorful professional gamblers from times past.

The 2008 movie “21” bought card counting to the attention of the general public. It followed the true story of members of the MIT blackjack team as they won millions from casinos in LasVegas. This movie also highlighted the key challenge faced by card counters. To make a profit using these systems, you need to bet significantly more when the odds turn in your favor. Casinos are aware of this — and will quickly ban players they believe are counting cards.

MIT blackjack card counting methods. Learn card counting on Championship blackjack.com Movie 21 card counting seminars. So card counting is simply using a system to keep track of the ratio of low cards to high cards. Step 1: Assign A Value To Every Card. With Hi-Lo, the most common card counting system, the card values are as follows: 2-6 = +1; 7-9 = 0; 10-Ace= -1; As each card is dealt, you will either add 1, subtract 1, or do nothing based on each card. TThe MIT card counting team story. How the MIT Blackjack teams started. While Dukach had been in MIT he had been recruited in the MIT team. He was trained and coached to use the card counting techniques and had been made a member of the Strategic Investments team in 1992. Semyon Dukach was an important member of the MIT.

This page has everything you need to know to get started with card counting. Below you will find the basics of how it works. Famoussystems, the ideal games for counters and how online blackjack can help you learn to count are also covered below.

How to count cards in blackjack

Mit

Blackjack is a game of incomplete information. Players act based on their own two cards and the single dealer up-card. Players must risk busting in many situations, even though the decisions are mathematically correct.

Small cards are the enemy of blackjack players. Values of two through six can make for the trickiest decisions. In fact, if you remove any significant number of small cards from the shoe, blackjack not only becomes easier, the player gets a mathematical edge over the house.

This is where card counting comes in.

Counters track the proportion of small cards to face cards and aces. At a certain point, the deck turns “positive.” The higher proportion of face cards means every hand played will generate long term profit for the player — not the house. This is because profit comes from doubling, splitting and hitting blackjack (natural21). All of these are more frequent when there are more high cards in the shoe.

To take advantage of this edge, counting players must boost their bet size. Without this bet size boost, money spent playing while waiting for the deck to turn positive would cancel out any wins.

There are multiple factors that affect whether a specific game is a candidate for card counting. The number of decks of cards in play, the rules on splitting and doubling down, and how the dealer reacts to a soft 17 all come into play. To get the best from counting cards, you need to find the games with the lowest house edge.

Level 3 card counting systems & true count explained

Card counting systems have three levels of complexity. The simplest systems are Hi-LoCounts. You count low cards as +1 and high cards as -1. The higher the count, the bigger the proportion of high cards to low cards.

Advantage players will increase their bets once a specific count is reached. To be sure that they have an advantage, they need to translate the current total into the “true count” first. This involves dividing the count by the number of decks still in play. If the count is +10, with five decks remaining in a six-deck shoe, then the “true count” is 10/5 = 2. This means games like double-deck blackjack are better for counting. Players do not need to play through those first decks in the shoe while waiting for the true count to be positive.

Level two and level three counting systems are more accurate. They assign +2 to some cards and +1 to others. This splits the twos and sevens from cards three throughsix, with some systems also counting nines differently. There are systems with separate counts for aces. Your bet sizes need to increase in line with the positive count — for example adding a unit every time the true count increases by two points.

If you are new to cardcounting, then a simple Hi-Lo Count is the place to start. Once you have mastered keeping track of the count while playing each hand perfectly and chatting with the other players, you will be ready to move to the next level.

Examples of card counting systems

The systems below range from level one to three. These are five of hundreds of possible systems, giving you an overview of how different systems vary in their complexity.

  • Hi-Lo Count: This is a balanced count and is the first system that new counters use. You add one to the total for each card value from two through six — and subtract one for 10s through aces. Seven, eight and nine are neutral. You then divide this count by the number of undealt decks and round up as needed. You should increase your bets when the count is positive — betting more the larger the positive number that you count. The advantage of the Hi-Lo system is simplicity. Compared with other blackjack counts, Hi Lo card counting does lackprecision.
  • Hi-Opt1 and 2: These systems were developed by LanceHumble, though they can be traced back to the 1960s. There are many more“neutral”cards compared to the Hi-Lo Count. Hi-Opt 1 uses aces, twos, sevens, eights and nines as zero for the count. Three, four, five and six are +1, and 10s through kings are -1. This system works best for single deckgames. Hi-Opt 2 makes 10s through kings -2 on the count, with +2 for fours and fives, +1 for twos, threes, sixes and sevens. Aces, eights and nines are neutral. These are accurate systems, though with single deck games rare (and closely watched), it can be difficult to find a suitable game to use them.
  • Ace-Five System: You will need to double your bet repeatedly as the count increases to make the Ace-Five System work. This is a simple count, involving only aces andfives. Every time a five is dealt, you add one, and every ace you see removes one. When the count is +2, you double your bet. Increasing it again for every +2 that gets added. If the count reverts to +1 or less, you go back to your initial bet size. The key advantage of this system is the simplicity. The always-changing bet size is likely to attract the attention of casino pit bosses.
  • Uston Advanced Count: Ken Uston was a famous card counter, known for his flamboyant lifestyle. His most complex system is the “Uston Advanced Count.” Aces count as zero in this system. Fives are +3; 10s through kings are -3; nines are -1; twos and eights are +1; and threes, fours, sixes and sevens are +2. As with the other systems, you increase your bets in line with how positive the count gets — keeping the number of decks in mind. This system is designed to work best with a separate count of theaces. The complexity means that it is for experienced card counters only.
  • KO Counting System: This system works like Hi-Lo, with an extra feature involving the insurance against dealer blackjack bet. It counts cards two through seven as +1, eight and nine as neutral and 10 through ace as -1. You should increase your bet at +2 or more (based on the true count). At +3 or greater, the insurance side bet becomes profitable and should be taken.

Which blackjack games are best for card counting?

Big casino resorts in Las Vegas, AtlanticCity, downtown Detroit and elsewhere run a wide selection of blackjack games. At the lowest buy-ins (typically $5 and up per hand), the rules give the casino a huge edge over theplayers. Examples include paying 6:5 instead of 3:2 for blackjack, limiting doubles after splits and having the dealer hit on soft 17. These unfavorable rules can easily boost the house edge to 3% or even more. With six or eight decks, getting a true count can be difficult.

Contrast this with the best games. An ideal setup is a single deck game, with liberal splitting/doubling rules, dealer standing on soft 17, late surrender and 3:2 for blackjack. With a house edge of 0.5% orless, these games are restricted to the high-limit rooms. This type of game is most likely to be closely monitored. Suddenly increasing your bet would be an instant trigger for experienced casino staff to watch closely.

Successful counters look for games with the lowest natural houseedge. They know the basic blackjack card counting strategy perfectly, so as not to give any edge back to the casino in the form of mistakes. If you do not know how to adapt blackjack strategy to subtle differences in the rules, then you are not yet ready to learn card counting techniques.

Is counting cards illegal in the US?

Counting cards is legal, unless you are using a mechanical or electronic device to help you keep track of the cards. Casinos do not want card counters in their games. People who are suspected of counting will be asked to leave the casino. Repeat offenses can see players banned — with trespass laws coming into effect if they attempt to return.

In 1979, Ken Uston took a casino in Atlantic City to court, challenging its right to ban “skilled” players. The court found in his favor. Rather than banning players, AC casinos now implement measures to stop card counting from working. They include regularshuffling, limiting players to flat bet sizes on each shoe and not allowing players to join a game mid-shoe.

Elsewhere, casinos will quickly ban players caught counting. This was the reason that the MIT team played in pairs. One player (betting small) would keep count, then signal to the big bet player when the count was positive. This player could then join the table, betting big amounts, while the original counter continued with smaller bets.

Card counting in other casino games

Very few casino games use a shoe containing several decks of cards. Casino poker variations like Caribbean stud or Ultimate Texas Hold ’em have a continual shuffle system, where a fresh shuffled deck is used for each hand. Baccarat does use a shoe, though it is not suitable for counting due to the complex scoring rules. Edge sorting is used in baccarat, though it is considered illegal in many jurisdictions.

This leaves blackjack variations like Spanish 21 and Free Bet Blackjack as the only candidates for card counting systems. Many variations of blackjack have a higher house edge than the main game. Spanish 21 removes 10s from the deck — starting the count on a negative.

Experienced advantage players use card counting to beat optional side bets. This requires a separate understanding of how each side bet works, with a counting system developed separately. Separate aces counts in blackjack can determine when the insurance against dealer blackjack bet becomes profitable.

Is it possible to count cards online?

Online casinos in regulated states have both live dealer and software-based blackjack options. They also have a range of games with different rules and side bets. Add in the game variations based on the 21 concept — and you will find a wide array of choices.

Advantage play through card counting is not possible at online casinos. Software based games use random number generator software to shuffle the cards for every hand. This means no count is possible. Live dealer games that are dealt in real time use eight deck shoes. What they do differently from brick and mortar casinos is reshuffle after around half of the cards are dealt. This makes it hard to spot situations where there is a positive true count. Add to this software that will instantly detect the bet sizing changes associated with counting.

What you can effectively do online is practice your counting skills. There are live dealer rooms at many of the biggest online casino brands, including Golden Nugget and BetMGM. You can enjoy a game and learn to keep score of the count while you play. Starting with simple systems like Ace-Five and Hi-Lo is ideal — you can move on to the more advanced systems as you gain experience.

If you live in a state with legal online casinos, make sure you keep a close eye on the casino bonus and promotion offers. You never know when a bonus aimed at blackjack players will become available.

Wrapping up: Card counting in blackjack

Card counting has been a part of blackjack since the1960s. Famous players including Humble and Uston published books on beating the house. Many of them are now considered among the classics of gambling literature.

Counting cards in blackjack gives you an edge over the house when there are relatively more high cards in the deck. This takes advantage of the player’s option to split, double down and to take insurance against dealer blackjack. Counting systems are graded into three levels, depending on their complexity. More complex systems are more accurate — though harder to use.

There is an Achilles’ heel for card counters. To make your knowledge of the count profitable, you need to significantly boost your bet sizes when the odds are in your favor. These bet size increases are a flag to casino staff to watch your play closely — which leads to card counters being banned. Card counting is not illegal, unless you use a device to help you keep track.

Online casinos are the perfect place to practice your card counting skills. You will not be able to get an advantage from them — as safeguards are in place. Live dealer casinos show a real table, making this the ideal way to find the right card counting system for you ahead of your next visit to a brick and mortar casino.

Bringing Down the House
AuthorBen Mezrich
CountryUnited States
LanguageEnglish
SubjectBlackjack
GenreNon-fiction
PublisherFree Press
9 September 2003
Media typePrint, e-book
Pages257 pp
ISBN1-4176-6563-7
Followed byBusting Vegas

Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions is a 2003 book by Ben Mezrich about a group of MITcard counters commonly known as the MIT Blackjack Team. Though the book is classified as non-fiction, the Boston Globe alleges that the book contains significant fictional elements, that many of the key events propelling the drama did not occur in real life, and that others were exaggerated greatly.[1]The book was adapted into the movies 21 and The Last Casino.

Synopsis[edit]

The book's main character is Kevin Lewis, an MIT graduate who was invited to join the MIT Blackjack Team in 1993. Lewis was recruited by two of the team's top players, Jason Fisher and Andre Martinez. The team was financed by a colorful character named Micky Rosa, who had organized at least one other team to play the Vegas strip. This new team was the most profitable yet. Personality conflicts and card counting deterrent efforts at the casinos eventually ended this incarnation of the MIT Blackjack Team.

Characters[edit]

Kevin Lewis[edit]

Although not revealed in the book, Kevin Lewis's real name is Jeff Ma, an MIT student who graduated with a degree in Mechanical Engineering in 1994. Ma has since gone on to found a fantasy sports company called Citizen Sports (a stock market simulation game).[2]

Mezrich acknowledges that Lewis is the sole major character based on a single, real-life individual; other characters are composites. Nonetheless, Lewis does things in the book that Ma himself says did not occur.[1]

Jason Fisher[edit]

One of the leaders of the team, Jason Fisher, is modeled in part after Mike Aponte. After his professional card counting career, Aponte went on to win the 2004 World Series of Blackjack, and started a company called the Blackjack Institute. Mike also has his own blog.

Micky Rosa[edit]

The team's principal leader, Micky Rosa is a composite character based primarily on Bill Kaplan, JP Massar, and John Chang.[1] 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.[3][4] Chang has questioned the book's veracity, telling The Boston Globe, 'I don't even know if you want to call the things in there exaggerations, because they're so exaggerated they're basically untrue.'[1] Whether the MIT Blackjack Team was 'founded ... in the 1980s' is in dispute. An article in The Tech, January 16, 1980, suggests that Roger Demaree and JP Massar were already running the team and teaching a hundred MIT students to play blackjack by the third week of the 1980s, implying that the team had been founded in the late 1970s, before Kaplan joined, although Demaree and Massar have mostly avoided publicity.[5]

Controversy[edit]

Boston Magazine and Boston Globe articles[edit]

In its March 2008 edition, Boston magazine ran an article investigating long-lingering claims that the book was substantially fictional.[6]The Boston Globe followed up with a more detailed story on April 6, 2008.[1]

Though published as a factual account and originally categorized under 'Current Events' in the hardcover Free Press edition, Bringing Down the House 'is not a work of 'nonfiction' in any meaningful sense of the word,' according to Globe reporter Drake Bennett. Mezrich not only exaggerated freely, according to sources for both articles, but invented whole parts of the story, including some pivotal events in the book that never happened to anyone.

Disclaimer and leeway[edit]

The book contains the following disclaimer:

The names of many of the characters and locations in this book have been changed, as have certain physical characteristics and other descriptive details. Some of the events and characters are also composites of several individual events or persons.[7]

This disclaimer allows broad leeway to take real events and real people and alter them in any way the author sees fit. But Mezrich went further, both articles say.

Counting

Historical inaccuracies[edit]

The following events described in Bringing Down the House did not occur:

Mit card counting team members
  • Underground Chinatown Casino. The underground casino used for Kevin's final test (pp. 55–59) is entirely imaginary, according to Mike Aponte and Dave Irvine.[6]
  • Use of Strippers to Cash Out Chips. Also according to Aponte and Irvine,[6]strippers were never recruited to cash out the team's chips, as described on pp. 149–153.
  • Shadowy Investors. The 'shadowy investors' first referenced on p. 3 are a major source of intrigue for Mezrich's story, but did not exist, according to Aponte and Irvine.[6] The investors in the team included the players, one of Kaplan's college roommates, a few of Kaplan's Harvard Business School section mates, and Kaplan's friends and family members.
  • Physical Assault. The scene in which Fisher is beaten up (pp. 221–225) is imaginary. 'No one was ever beaten up,'[6] according to Aponte and Irvine. Moreover, Jeff Ma claims they have never been roughed up by the casinos they played in. Still there were times when casino employees had tried to intimidate the members of the team.
  • Player Forced to Swallow Chip. In a scene on pp. 215–218, Micky Rosa recounts a story in which Vincent Cole—a private investigator for Plymouth Investigations—forces a member of a count team to swallow a purple casino chip while detaining the player in a back room. Sources in the Globe described the story as 'implausible,' and none recalled having heard it.[1]
  • Theft of $75,000. One MIT player, Kyle Schaffer, did lose $20,000 when it was stolen from a desk drawer.[1] Mezrich inflates the amount of the theft by 275% and turns the desk drawer into a safe pried dramatically from a wall. Moreover, the robbery scene (pp. 240–244) creates the impression that a team member or Vincent Cole was the likely culprit. Schaffer says the theft was likely unrelated to blackjack, noting that $100,000 or more in casino chips also inside the drawer was left untouched ('strongly suggesting that the thieves had no idea of their worth'[1]).
  • Forcible Entry to Kevin Lewis's Apartment. Kevin hurries from the scene of the robbery to his own apartment (pp. 244–245) to make sure all is well. Nothing has been stolen, but Kevin finds 'a single purple casino chip sitting on his kitchen table.' The implication is that the chip is a calling card left by Vincent Cole as a warning to Kevin. This scene again asks readers to accept that the chip-swallowing story is factual (or at least was actually in circulation among MIT counters as a myth).[citation needed]

Sequel[edit]

Mit Card Counting Movie

Though not originally intended to have a sequel, Mezrich followed this book with Busting Vegas (ISBN0060575123). Busting Vegas is about another splinter group from the MIT Blackjack Team. The events depicted in Busting Vegas actually took place before Bringing Down the House. Despite heavy marketing, Busting Vegas did not do as well as Bringing Down the House. It did, however, briefly appear on The New York TimesBest Seller list. Despite again being listed as non-fictionBusting Vegas showed similar inaccuracies in recounting the facts with the main character Semyon Dukach contesting several of the events depicted in the book.[8]

Film adaptation[edit]

A film adaptation of the book, titled 21 (so as not to cause confusion with the unrelated 2003 Queen Latifah vehicle Bringing Down the House), was released in theaters on March 28, 2008.[9] The film is from Columbia Pictures and was directed by Robert Luketic.

Kevin Spacey produced the film, and also portrays the character of Micky Rosa. Other cast members include Laurence Fishburne, Kate Bosworth, Jim Sturgess, Jacob Pitts, Liza Lapira, Aaron Yoo, and Sam Golzari.[10][11]Jeff Ma, Bill Kaplan, and Henry Houh, another team player from the 1990s, have brief cameo roles in the movie. 21 was filmed outside the buildings of MIT, in Boston University classrooms and dorms, throughout Cambridge and Boston, and in Las Vegas.

Says Mezrich, '...Kevin Spacey came to me about making a movie. He read the Wired adaptation[12] of the book and became interested... The funny thing is filming may take place in casinos such as The Mirage and Caesar's Palace, where the real thing happened.'[13]

See also[edit]

Notes[edit]

Mit Card Counting Scheme

  1. ^ abcdefghBennett, Drake (2008-04-06). 'House of cards'. Boston Globe. The New York Times Company. Retrieved 2008-05-06.
  2. ^'About Us / The Protrade Team'(English). Citizen Sports Network. 2008. Retrieved 2008-05-06.
  3. ^'Archived copy'. Archived from the original on 2008-04-15. Retrieved 2008-04-12.CS1 maint: archived copy as title (link) The Allston-Brighton Tab: Kaplan Inspires Hollywood Film '21.' Retrieved April 12, 2008.
  4. ^'Archived copy'. Archived from the original on 2012-02-16. Retrieved 2012-02-17.CS1 maint: archived copy as title (link) MickeyRosa.com 'House of Cards' Retrieved July 31, 2008.
  5. ^http://tech.mit.edu/archives/VOL_099/TECH_V099_S0589_P002.pdf
  6. ^ abcdeGonzalez, John (March 2008). 'Ben Mezrich: Based on a True Story'. Boston magazine. Metrocorp, Inc. Archived from the original on 2008-12-18. Retrieved 2008-05-06.
  7. ^Mezrich, Ben, Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions (New York: Free Press, 2002), p. iv.
  8. ^'ThePOGG Interviews - Semyon Dukach - MIT Card Counting Team Captain'. Retrieved 10 November 2012.
  9. ^Production Weekly: Luketic Hacking Las Vegas. Retrieved March 6, 2007.Archived January 11, 2007, at the Wayback Machine
  10. ^benmezrich.com. Retrieved March 6, 2007Archived May 15, 2007, at the Wayback Machine
  11. ^Kevin Der (2005-09-30). 'MIT Alumnus and 'Busting Vegas' Author Describe Experience of Beating the House'. The Tech. Retrieved 2008-03-29.
  12. ^Mezrich, Ben (September 2002). 'Wired 10.09: Hacking Las Vegas'. Wired. Retrieved 2008-05-14.
  13. ^Zhang, Jenny (2002-10-25). 'Card Counting Gig Nets Students Millions'. The Tech, MIT Newspaper (Issue 50 ed.). Retrieved 2008-05-14.

External links[edit]

  • Adaptation of the book in Wired issue 10.09
  • Luck is for Losers INC Magazine August 2008
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