Nicely done, Jerry

[StickyBun]

Math, applied. Its really what separates the truly smart people from the rest of us:

https://www.cbsnews.com/news/jerry-and-m...00-10aab7d&linkId=62885669

[Guest]

Saw the show, pretty cool story, only him & a MIT student figured it out! 

[Guest]

@Kentis said:
Saw the show, pretty cool story, only him & a MIT student figured it out! 

probably because most people who are good at math avoid the lottery.

[Guest]

Watched that Sunday night, great story! 

Probably coming to us all again through the eyes of Hollywood, could be a fun movie. 

[Guest]

That's cool. You know the whole MIT card counting thing was kinda funny to me. I guess it was because they were coordinating their efforts that made it wrong. It should never be wrong though to be smarter then who you're betting against. 

[Guest]

@suncoastvike said:
That's cool. You know the whole MIT card counting thing was kinda funny to me. I guess it was because they were coordinating their efforts that made it wrong. It should never be wrong though to be smarter then who you're betting against. 

exaclty,  i never understood how the casinos use odds to fleece the lazy and ignorant out of their money,  but if somebody is able to use their minds to beat those odds... well thats cheating and will get you a beat down or worse.

[Guest]

@greediron said:

@Kentis said:
Saw the show, pretty cool story, only him & a MIT student figured it out! 

probably because most people who are good at math avoid the lottery.

I know, I’m one of them...  B)

[Guest]

@suncoastvike said:
That's cool. You know the whole MIT card counting thing was kinda funny to me. I guess it was because they were coordinating their efforts that made it wrong. It should never be wrong though to be smarter then who you're betting against. 

It's not wrong. It is just that the house can find ways to not take your action. The house is a business and it is about winning long-term against a player. I am a blackjack dealer out of state. In Missouri we can't kick people out for counting cards. But we can make it where it doesn't benefit them ie. shuffle after every hand on double deck. I'd say that of the people that think they can count cards 1% are actually effective and good at it. And honestly it is very difficult to mask it and get a full benefit of a good count. The coodinated efforts is the best way to mask it because you have a person that allows the big player to play during a good count and the house can't really know they are counting the cards because they are not alternating there bet or just alternating it a little bit. But another way to combat that is in high limit games you can do a mid-shoe entry.

[Guest]

@matt4787 said:

@suncoastvike said:
That's cool. You know the whole MIT card counting thing was kinda funny to me. I guess it was because they were coordinating their efforts that made it wrong. It should never be wrong though to be smarter then who you're betting against. 

It's not wrong. It is just that the house can find ways to not take your action. The house is a business and it is about winning long-term against a player. I am a blackjack dealer out of state. In Missouri we can't kick people out for counting cards. But we can make it where it doesn't benefit them ie. shuffle after every hand on double deck. I'd say that of the people that think they can count cards 1% are actually effective and good at it. And honestly it is very difficult to mask it and get a full benefit of a good count. The coodinated efforts is the best way to mask it because you have a person that allows the big player to play during a good count and the house can't really know they are counting the cards because they are not alternating there bet or just alternating it a little bit. But another way to combat that is in high limit games you can do a mid-shoe entry.

I think if I remember right it was the coordinated stuff that got them in trouble. Using several players stationed and that sort of thing. I know next to nothing about gambling or casinos.

[Guest]

@suncoastvike said:

@matt4787 said:

@suncoastvike said:
That's cool. You know the whole MIT card counting thing was kinda funny to me. I guess it was because they were coordinating their efforts that made it wrong. It should never be wrong though to be smarter then who you're betting against. 

It's not wrong. It is just that the house can find ways to not take your action. The house is a business and it is about winning long-term against a player. I am a blackjack dealer out of state. In Missouri we can't kick people out for counting cards. But we can make it where it doesn't benefit them ie. shuffle after every hand on double deck. I'd say that of the people that think they can count cards 1% are actually effective and good at it. And honestly it is very difficult to mask it and get a full benefit of a good count. The coodinated efforts is the best way to mask it because you have a person that allows the big player to play during a good count and the house can't really know they are counting the cards because they are not alternating there bet or just alternating it a little bit. But another way to combat that is in high limit games you can do a mid-shoe entry.

I think if I remember right it was the coordinated stuff that got them in trouble. Using several players stationed and that sort of thing. I know next to nothing about gambling or casinos.

What do you mean by in trouble I suppose? Because it wasn't illegal. There was also an incident where Phil Ivey and another person were edge sorting on Baccarat for an advantage. The backs of cards had a discrepency with the faces and the borders were shorter than the other cards. So they would allow the dealers to deal out the 4 cards and they allowed Phil Ivey and his partner to bet after the cards were out and they were allowed to look at the back of the cards. Apparently the casino won a lawsuit against them on this but it is bullshit. The casino offered them to bet after cards were out and to look at the back of the cards. They allowed this to occur. All Phil Ivey and his partner did was also use there mind to see the slight difference of the back of the cards.