Re:How MIT Students Won $8M in the Massachusetts Lottery (2012)
by baldfat on Monday June 08, 2015 @09:17AM
(#9678789)
While it is a myth that Card Counting is illegal it is also true that no one has the right to gamble and casinos can just refuse to allow a person to participate in their own gambling floors. http://en.wikipedia.org/wiki/Card_counting
MIT students and former students did make it a practice to beat the casinos around the world. http://en.wikipedia.org/wiki/MIT_Blackjack_Team It is at least strongly controversial that they made millions by turning the tables on casinos. Unlike casinos who ask winners to keep coming back and playing as long as possible since odds are they will lose their winnings if they continue to play.
My dad had a friend who had won tens of thousands of dollars in Las Vegas. I still remember my dad talking with him in the 1980s on the phone while he was at the table. My dad told him to take the money and run. My dad's friend lost all of it in the 40 minutes and didn't listen to his advice.
MIT students and former students did make it a practice to beat the casinos around the world. http://en.wikipedia.org/wiki/MIT_Blackjack_Team It is at least strongly controversial that they made millions by turning the tables on casinos. Unlike casinos who ask winners to keep coming back and playing as long as possible since odds are they will lose their winnings if they continue to play.
My dad had a friend who had won tens of thousands of dollars in Las Vegas. I still remember my dad talking with him in the 1980s on the phone while he was at the table. My dad told him to take the money and run. My dad's friend lost all of it in the 40 minutes and didn't listen to his advice.