The MIT Card Counting Team

Playing online casinos is not without its drama. There are several individuals who are more than sure they can somehow beat the system and try to take on the best casinos online. Try as they will many if not all, eventually get caught and subsequently get banned for life.

slot online Going back in time to the more popular brick and mortar casinos, there are some who did in fact beat the casinos for a short period of time, leaving them a place in casino history. One such legendary story came from Las Vegas and the MIT card counting team.

This particular story is truly amazing because beating the odds at any popular casino game, in this case Casinos, takes particular skills, major training and quite a bit of patience. Enter the MIT team, a group of university students who obviously were ambitious and incredibly intelligent. Because of their IQ in math and science, the team developed an incredible talent for card counting.

During the 1980’s these university students played Poker and other casino games simply for fun. It wasn’t too long after that they decided to explore just how smart they really were by attempting to beat a casino. Finally, a former MIT professor decided to gather a group of students and put them to the test. After carefully weeding out the weaker players, he eventually formed a group of students with the inept ability to count cards. It was then that the training began, the professor taught them discipline and how to utilize verbal and non-verbal cues to beat the casino.

It was during the 1990’s where the team was playing at peak performance. They would bet tens of thousands of dollars per hand and the casinos as you well know loved the big spenders. These popular casinos had no clue what the heck was really going on…well, not at this point anyway. Although there is no official count of their winnings, some estimate the team milked the casinos for millions of dollars. Amazingly they would perform their card counting tricks on weekends then return to school on Monday and act like average students.

Believe it or not, it wasn’t the casino that caught up with the MIT team, unfortunately they caught up with themselves and eventually it was their enormous egos that would see their demise. The money, free trips and major VIP status went straight to their heads – understandable for a group of kids. Casino security began noticing their mistakes – one in particular was the pattern of friends. The casinos began noticing the team hanging around more often than they should have.

The team was eventually banned from the casinos.

You can watch the fast paced action of their adventures in a movie called “21”. It stars Kevin Spacey as the professor and Kate Bosworth as one of the legendary MIT card counting team. For the real team it didn’t quite end there. They did try to change their identities and get back to the tables, but casino security got way to smart. Some of the team members are rumored to still be playing today in European online casino. Perhaps this time they learned from their mistakes and are raking in the big bucks.

Are you wondering why no one ended up in jail? Unbelievably what they were doing was not illegal. You see, card counting in your own head is almost impossible to prove. Unless the CIA comes out with mind reading technology and sells it to casinos, card counting will go completely un-noticed for eternity.

The same as with the Microgaming, PlayTech is a large company, online casinos software supplier. Perhaps, they rank second after Microgaming in terms of reputation and number of online casinos. The Company was valued 1 billion USD, which speaks about its high reputation and trust level. As far as I could find in the net, there are not so many mobile casinos using PlayTech software so far, but this company has always been distinguished by its active development, that is why I am sure that their quantity will increase sooner than later. Three mobile casinos can be found with the PlayTech software so far: Golden Palace, Tropez Mobile Casino, XXL Club Casino.

XXL Club Casino is the best casino from the point of view of support. One more pleasant detail is that visiting the online casino site I found a pop-up banner, promising 10USD no deposit mobile casino bonus. In a minute I got my bonus but lost it in slots as quickly as received (betting 2USD per spin, so, this is not a wonder). After that, as I usually do in PlayTech casinos, I rejected the bonuses (mobile casino support was happy to handle my request), made a deposit and started playing my favourite mobile casino games. I have to say that the registration and the casino deposit were made via online casino website, though it is possible also via the phone.

Mobile casino wagering results:

I started playing with black jack. The minimum stake, as it is in Microgaming software mobile casinos is rather high – two USD, so I had no choice but to playing this stake. The results were very interesting: 57 gains (!), 38 losses and 5 pushes. A rather obvious distortion in my favor, which gave me the gain of 33 USD. slot online I must note that there were three losses at a time and 8 gains (with the only push deal in the middle). The number of blackjacks was within the norm, it was four. With doubling the results were not very impressive – I won only two out of seven deals (the probability of the gain at doubling is over 50%). Generally, it is an ambiguous result: on one side I have won a lot, on the other side – I have won too much as for testing the casino. There is also something wrong with the doublings (perhaps, it is for compensation?).

Videopoker was the second mobile casino game for the testing. The game was the standard “Jack or better” with a normal payment table 6/9. Playtech mobile casinos have wider the range of stakes than it is in Microgaming mobile casinos – coins from 0.05 USD to 5 USD. I played five coins of USD 0.25. The results were again odd: 14 pairs, 15 – two pairs, 12 treys, not a single street or flash and three fulls. In some fantastic way my pairs turned into treys and full-houses, there is no other way to explain such statistics. With such a cut of cards the gain of 10 USD is not a wonder. The doubles sprawled in equal parts – the half was a gain, the half was a loss. The PlayTech has also one more opportunity to double just a half of the gain in the videopoker.

Just for fun I loaded a European roulette of this mobile casino. I played just a few spins – just to have a look. First, you are running with the joystick across the stakes field to place the bets. Then you pressing the spin button you would see the wheel and then when the ball landed you would see the results. It is clear that the bets are made longer than in the offline mode, especially if they are several. The advantage of this mobile casino roulette game is that there is an option to make blank spins, but disadvantage is that the minimum bet amount of 2 USD even betting on the numbers. I have not being playing too many deals of this funny mobile casino game keeping in mined Albert Einstein conclusion: “You cannot beat a roulette table unless you steal money from it”.

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Where do you go when you want to have some fun with Slot Machines Games? For some people,Beat The Slots Poker Course Critical Overview Articles getting started with poker does it for them, or perhaps they head to the roulette wheel or the craps table. For others though, the best form of gambling and the most fun are the Best Slot Machines! Working with a slots machine is something that can go a long way towards letting you enjoy gambling on your own, and you will soon discover that there is a lot to be said for watching those numbers and symbols rack up next to each other!

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It’s extremely enjoyable, but now that we have a Red Casino Grade Wool Blend Speed Cloth on each table people have been commenting on it like crazy. Our last get together my brother’s wife came up and asked where we got the cloth because she wanted to buy some for his tables (he has two). It was funny because she didn’t believe me when I told her we purchased them online. However, once I showed her the site she understood why.

Listen, none of us are professionals when it comes to poker. Most of the time we all play Texas Holdem and the cards people stay in on including myself is unbelievable at times. Sometimes we even joke about getting a game of Go Fish together because we would probably be a lot better at it. Well, the games would probably be more competitive. Then of course others break out with oldies like Old Maid, Crazy Eights, and even UNO.

However, it’s all in good fun and we definitely have plenty of that throughout the evening. One thing we can tell you is that everyone loves the look. My wife went to the last PTA meeting and had the leaders ask if we would donate the use of the tables for a local church fundraiser. The first thought that came to mind was no, but in the end we did it anyways for the good of the community.

Most likely after it’s over we’ll have to go back and purchase another Red Casino Grade Wool Blend Speed Cloth for each one. The good news is they are so inexpensive it’s not like it will hurt us financially by any means. The bad news? Well, I really don’t have any at this point except if things go well the first time around, they’ll want to use them every year. I’m not too sure if either one of us is up for that at all.

Then again, we could just direct them to the same place we went to online. Heck, someone we know may be reading this right now and getting ready to head over to the website. If that’s the case good luck. We hope you find everything you need to have tables like we do.

Partners buying white label casinos are always found. In this situation they take all the risk in promoting the casino and return of their expenses. On the other hand, this scheme is convenient for them too. They can get good software for a small percent of its full cost, their organizational expenses are minimal – they do not have to get license, organize processing and support service, solve problems with servers etc. Thus, with minimal investments a partner gets a good casino and begins to promote his own brand. Certainly, he gets only 50% per cent, but in partnership programs he would get only 30-40%, promoting somebody else’s brand. This scheme, in case of successful promotion, gives an opportunity of buying software out completely or selling a popular brand with its gamblers. It seems to be a good variant for businessmen – beginners ready to invest tens of thousands dollars, but not millions dollars in their casino.

All the owners of white label casinos feel comfortable (although they take smaller or bigger risks). And what about gamblers? It is not so convenient for them. Firstly, user is usually allowed to have an account and get bonuses only in one of the casinos, a parent or a white label one. The later does not want to mention parent casino or other competitors, that is why gamblers usually get to know that they have spent time and traffic down the drain, only after they have registered or even made a deposit. Secondly, the risk in gambling is increased, as the new member of interrelations appears – white label casino owner. It means, that a chain of problem solution becomes longer, and risks for gamblers in case of parent-partner casino problems arise.

How can one recognize a white label casino? slot It is not easy, because there is usually no information about a parent casino (although some casinos leave the parent casino indications in the site text or picture, for example, in the statement of payments). White label can be identified through its support telephone number – it is the same as for a parent casino (although the casinos of one group often use the same number). The poorest casinos may leave the standard site design. Besides, one can go to the software producer’s site – white label casinos are not mentioned there. One may also simply use search option, most of the sites contain the list of casinos with definite software and usually do not list white label.

Thus, it turns out, that white label casinos (as well as poker rooms or bookmakers) give good opportunities to businessmen-beginners, who want to have their own respectable casinos, but are not ready to invest much. For gamblers such casino is not the best gambling house to play – the risks are higher, so it is better to gamble in a parent casino.