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.
The team consisted of six people, all of whom are now in prison. Their sentencing is scheduled for December 14th, 2016.
The MIT Blackjack Team’s actions have had a significant impact on the game of blackjack. Their methods of card counting and cheating have made it much harder for honest players to compete.
This has caused blackjack casinos to tighten their rules and regulations, making it more difficult for teams like the MIT Blackjack Team to operate undetected.
