Knowledge - TV

Knowledge - TV
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Wednesday, January 24, 2007

Blackjack - Defeating the Casinos

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In mid 1990s, a team of American science students took on the might of the Las Vegas casinos, and came home with millions of dollars. Hardworking engineering students during the week, they became high-rolling gamblers by the weekend and proved that, in one game at least, the house doesn't always win.

The game was BLACKJACK, and the students were from the world-renowned Massachusetts Institute of Technology (MIT). Their audacious winnings marked the climax of an arms race between casino and player that began 40 years earlier with maths professor Edward Thorp. He realised that the one feature of blackjack that made it different from other casino games also made it possible to beat.


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2 comments:

Anonymous said...

good clip and good blog

frm

Jerry
Texas

Anonymous said...

its casions and i loved to watch nice clips and info

Ed
frm NY