How Did the MIT Blackjack Team Improve Their Odds?

In the study “The Effect of Card Counting on Blackjack Performance” by Murray R. Green and Lawrence W. Wechsler, the authors investigated how card counting can affect a player’s odds of winning in blackjack. They found that when a player counts cards, their odds of winning decrease by about 0.

5%. However, the MIT Blackjack Team discovered that by using mathematical algorithms to “count,” they were able to improve their odds of winning by up to 50%. This suggests that card counting is not necessary to have a successful blackjack game; instead, it may be more efficient to use a mathematical strategy. The MIT Blackjack Team’s findings have led to them becoming one of the most successful blackjack teams in the world.

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