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Navigation Path: Spin Palace Casino >> Casino Games >> Blackjack >> Card Counting >> MIT Students Card Counting

 

MIT Students Card Counting System

Card counting professionals are famous for being barred from casinos, having taken hundreds of thousands of pounds in pure profit – however the most famous big time card counting coup emanated from a team of American students in 1996.

This team of MIT students were so successful in rinsing money from land based casinos that they even wrote a book called ‘Bringing Down the House’ – but exactly how did they clear all their student debts the fun way?

The basic foundation of the system was obviously card counting – in fact they used counting systems that you can copy fairly easily yourself and use online!

The students used a range of card counting systems to hugely raise bets during positive counts and equally rapidly reduce them during negative counts. By using a team of players with varied counting systems, the students were able to consistently beat the house.

Spotters and Big Players – the casino’s worst nightmare……..

The MIT student team didn’t just consist of multiple card counters – it used the ultimate way of fooling the casinos – Spotters and Big Players.

Essentially, Spotters are players positioned on multiple casino tables with the purpose of informing Big Players when the count has turned positive – at this point Spotters use secret signals to lure Big Players to the table. The Big Players then place huge bets while the count remains positive – because Spotters never change their stakes, casinos are unable to frequently identify card counters.

This genius but simple system even made use of everyday language to identify the exact count and therefore the bet value to place!

Leverage – the key to card counting millions……..

The MIT team consisted of a large number of skilled blackjack players – backed by another team of investors. The leverage of winnings enabled the team to massively multiply what a single player would earn alone.

You might be thinking it all sounds straight forward – however the plan was a high-risk operation, demanding nerves of steel. The MIT team encountered periods of very large losses which could have crippled less organised and financed organisations – however the team structure enabled the long-term profit to run into millions of dollars!

It certainly isn’t advised that you run along to the nearest casino and start card counting like the MIT students – however the fact that card counting offers you a proven method of beating the dealer should make you seriously consider learning  a system and trying it online.

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