After playing at MIT for almost two years, the Blackjack team was able to win $136,000. This money was put towards tuition, room, and board for the team members.
The team also used this money to travel to tournaments around the country. Overall, the Blackjack team was able to be very successful in their short time at MIT.
4 Related Question Answers Found
How Much Money Did MIT Blackjack Team Win?
The MIT Blackjack team won a total of $113,000 in the 2008 Campus Blackjack Tournament. This was the largest prize ever awarded in a Campus Blackjack Tournament. The team consisted of four students, and they played for four days straight to win the money.
How Much Did MIT Blackjack Team Win?
The MIT blackjack team won $2,000,000 in the World Series of Blackjack in May 2013. The team consisted of Noah Goldstein, Alex Kravitz, and Nick Schlosser. Goldstein is a former professional blackjack player who helped teach the team how to play the game.
How Much Did the MIT Blackjack Team Earn?
In the MIT Blackjack team’s first ever tournament, they placed fifth out of eleven teams. They earned a total of $2,564. In their second tournament, they placed third out of thirteen teams and earned a total of $6,116.
Was the MIT Blackjack Team Caught?
The MIT Blackjack Team was caught by the FBI on April 26th, 2015. The team was found guilty of card counting, and wire fraud. The team was estimated to have made over $2 million from their illegal gambling activities.