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*Mit Blackjack Team Basic Strategy Chart Printable
*Mit Blackjack Team Basic Strategy Chart Template
*Mit Blackjack Team Basic Strategy Charts
*Mit Blackjack Team
*Mit Blackjack Team Basic Strategy Chart Pdf
*Mit Blackjack Team Basic Strategy Chart
The Blackjack Basic Strategy Engine above provides a simple way to memorize a variety of different profitable decisions, such as when to split, double, surrender, hit, or stand. A standard basic strategy chart can only provide you with the strategy for one set of rules, such as dealer hits on soft 17, limiting your mastery to just one game.
*Appendices
*Miscellaneous
*External LinksOn This Page
*The well-known fact is that MIT blackjack team used the strategy of card counting for playing and winning really big money: Hi-Lo system was their favorite one and it usually worked for them. Nevertheless, this system could not be called the only one used by these clever and outstanding people.
*Want to count cards like the MIT blackjack team? Learn basic strategy first, then read a couple of the better books on card counting. Then get a reasonably sized bankroll together and hit the casinos. Keep the basics of money management in mind, and you too might be able to make a killing at the tables.
*MIT Blackjack Team; Bringing Down The House; Movie 21; Griffin Investigations. Basic strategy is the set of optimal playing decisions that will maximize the expected result of your playing strategy. Basic strategy is the foundation of professional blackjack and is the first step that must be mastered. Basic Strategy Chart.Introduction

The Hi-Lo Count is the most widely written about, and in my judgment, the most commonly used card counting strategy. The High-Low was first introduced in 1963 by Harvey Dubner1. It has since been discussed by just about all the major blackjack writers. In my opinion, the best introductory treatment is in Professional Blackjack by Stanford Wong, and the most detailed coverage is in Blackjack Attack by Don Schlesinger. How it Works
Following is a brief explanation of how to use the Hi-Lo.
Step 1: Assign a point value to each rank, as follows.High-Low Point Values
Step 2: Start with a ’Running Count’ of zero at the start of the deck/shoe. As cards are revealed, keep adding or subtracting from the Running Count, according to the point system in step 1. For example, if the first ten cards to come out of the shoe were 3, 5, K, 7, Q, A, 8, 5, 4, 2, then the running count would be 1 +1 -1 +0 -1 -1 +0 +1 +1 +1 = +2.
Step 3: Divide the running count by the number of decks remaining, to get what is known as the ’True Count.’ This is the part that beginning counters hate. You don?t need to be exact. A rough estimate will do, in my opinion. Let’s look at example. The running count is +7 and there are about 4 decks left. The true count would be 7/4 = 1.75. Round that up to 2, to keep it simple. The more you play the more you will be comfortable eyeballing this adjustment, without doing any real division in your head. Usually the right play is obvious. In borderline cases only will you need to do this True Count conversion.
Step 4: The greater the true count, the more you should bet. This is where card counting becomes more art than science. Some blackjack books give rigid rules on how this should be done. However, the casino managers have read these books too, and the patterns recommended in earlier books now set off red flags. How you do this should depend on your own style, and how much heat you are getting. It helps avoid heat to keep the ratio of maximum bet to minimum bet to a limit, known as the ?Bet Spread.? Only increasing bets after a win, only decreasing after a loss, and staying the same after a push, makes play look more natural, but at a cost to profitability.
Step 5: For some hands, you will play according to the True Count and a table of ’Index Numbers,’ rather than basic strategy. The greater the count, the more inclined you will be to stand, double, split, take insurance, and surrender. For example, the Index Number for a player 15 against a dealer 10 is +4. This means the player should stand if the True Count is +4 or higher, otherwise hit.
The following tables are known as the ’Illustrious 18’ and ’Fab 4’ respectively.2 They appear in Blackjack Attack by Don Schlesinger, and are republished here with permission. These are the most important index numbers to remember. Knowing only these will give the counter 80% to 85% of the value of knowing every index number, based on a six-deck game. The difference is more in single and double-deck games. The lists are given in order of value. If you can?t memorize all of them, start at the top, and work your way down.Illustrious 18OrderPlayIndex1Insurance+3216 Vs. 10+0315 Vs. 10+4410,10 Vs. 5+5510,10 Vs. 6+4610 Vs. 10+4712 Vs. 3+2812 Vs. 2+3911 Vs. A+1109 Vs. 2+11110 Vs. A+4129 Vs. 7+31316 Vs. 9+51413 Vs. 2-11512 Vs. 401612 Vs. 5-21712 Vs. 6-11813 Vs. 3-2
The player should stand/double/split if the True Count equals or exceeds the Index Number, otherwise hit. The player should take insurance if the True Count is +3 or greater.Fab 4 SurrendersOrderPlayIndex114 Vs. 10+3215 Vs. 10+0315 Vs. 9+2415 Vs. A+1
Buy old poker machines australia. The player should surrender if the True Count equals or exceeds the Index Number.
A full table of all index numbers can be found in Chapter 3, and Appendix A, of Professional Blackjack by Stanford Wong.
The next table shows some statistics using the High-Low. The blackjack rules this table is based are liberal Vegas shoe, as follows:
Six decks
Dealer stands on soft 17
Surrender allowed
Double after split allowed
Player may resplit to four hands, including aces
To avoid setting off red flags, the simulation increased the bet after a win only, decreased after a loss only, and always stayed the same after a push, except resetting to a minimum bet after a shuffle. The simulation rounded the remaining decks to the nearest half deck, otherwise playing perfectly.High-Low StatisticsSpreadPenetrationIndex
NumbersPlayer
Adv.Std.
Dev.Avg.Bet1 to 54I18+F40.157%1.501.351 to 104I18+F40.368%2.041.571 to 154I18+F40.578%2.671.731 to 54.5I18+F40.300%1.601.411 to 104.5I18+F40.587%2.271.681 to 154.5I18+F40.834%3.061.901 to 55I18+F40.469%1.701.471 to 105I18+F40.837%2.521.801 to 155I18+F41.147%3.492.101 to 54.5All0.313%1.611.411 to 104.5All0.608%2.291.681 to 154.5All0.862%3.101.911 to 55All0.494%1.711.471 to 105All0.857%2.551.811 to 155All1.182%3.542.11Explantion of columns

Spread: This is the ratio of the player?s minimum bet to maximum bet. The bigger the range, the greater the player?s advantage, and bankroll volatility. A wide bet spread also sets off a red flag. In a six-deck game, I think a 1 to 15 spread is about the most aggressive the player should get. The simulation played one betting spot only.
Penetration: How many decks played before reaching the cut card. In a six-deck shoe, 4.5 is the norm.
Index Numbers: I already explained index numbers above. Simulations were run using both the Illustrious 18 and Fab 4 (I18+F4) above, and with the full table. The difference is not much, which shows that knowing the top 22 gets you most of the benefit of knowing all of them.
Player Advantage: This is the ratio of net player win to total initial bets. For example, in the last row, the player could expect to win 1.182% of his total initial bets.
Standard Deviation: This is a term for the volatility per initial bet.
Average Bet: The average final bet per hand, compared to the lowest bet For example, in the last row, if the player?s minimum bet were $100, his average bet would be $211. This includes additional money bet due to doubles and splits.
This table was created using CVCX Blackjack Analyzer by Casino Vérité. This software produces hundreds of different statistics for just about any set of rules, betting strategies, and playing strategies. For the player who wants to run these tests, this software is the best there is, in my opinion.Footnotes

*Professional Blackjack by Stanford Wong, page 31, 1994 ed.
*Blackjack Attack by Don Schlesinger, page 62, 2004 ed.Acknowledgments
Don Schlesinger: For his permission to reprint the Illustrious 18 and Fab 4 tables from his book, Blackjack Attack.
Norman Wattenberger: For his complimentary use of CVCX Blackjack Analyzer by Casino Vérité.
Practice

Practice your card counting skills with our trainer.
Further Reading

*Card Counting Introduction.
*Wizard Ace-Five Count: Very easy and simple card counting strategy.
*’21’ Movie Review: Truth and fiction about the movie about the MIT card counting team.
*Blackjack book reviews.
*Main blackjack page.Mit Blackjack Team Basic Strategy Chart Printable
Written by:Michael Shackleford
This March a new movie ’21’ appeared on the American screens telling an amazing story about a team of professional gamblers that managed to invent their own blackjack tactic and apply it successfully. All the characters of the movie are young, smart, ambitious and what is the most important - they are real. The plot of the movie is borrowed from the book ’Bringing down the house’ which is in fact based on a true story of the MIT team consisting of four students who used their mental abilities to win millions at Las Vegas casinos.
Both the book and movie are far from reality but the main idea has been kept. Despite of the fact that the famous team of blackjack players operated long ago it remains to be the most successful one and its story still attracts lots of gamblers, journalists and blackjack fans all around the world. The MIT team story has been modified a little bit but all in all the movie covers all the aspects of the real story of Jeff Ma, Jane Willis, Mike Aponte and John Chang. The parts in the movie were performed by Jim Sturgess, Keith Bosworth, Jacob Pitts and Kevin Spacey.
In 1992 the leaders of the MIT team created Strategic Investments limited partnership that allowed recruiting more players and raising their venture capital up to $1,000,000. Jeff Ma admitted: ’The first year I played, we returned 154 percent to our investors. That’s after paying off expenses. Emerald queen casino event center philadelphia. You try and do that on Wall Street.’ How to get extra pendant slot maplestory classic.
The MIT strategy approach was to occupy all the seats at the blackjack table and let one of the players to win the whole pot. It was possible through losing small bets by all the rest members of the team and by counting cards. The card-counting strategy helped to track when the players were going to bust and what decisions had to be made. In order to inform each other about the count of cards the members of the MIT team used the range of special code words:
Tree: +1 (a tall tree)
Switch: +2 (binary, on or off)
Stool: +3 (three legs of a stool)
Car: +4 (four tires)
Glove: +5 (fingers on one hand)
Gun: +6 (six bullets)
Craps: +7 (lucky seven)
Pool: +8 (eight ball)
Cat: +9 (cat has nine lives)
Bowling: +10 (strike is ten pins)
Football: +11 (number of players in a football team)
Eggs: +12 (a carton with twelve eggs)
Witch: +13 (bad luck number)
Ring: +14 (fourteen carat gold)
Paycheck: +15 (day of the month most people get paid)
Sweet: +16 (sweet sixteen)
Magazine: +17 (the name of the magazine)
Voting booth: +18 (voting age)
The movie ’21’ has many unreal episodes but anyway it is one of the most interesting televised stories for blackjack fans dreaming to bring down the house.Back to news listTOP 3 Canadian Casinos RoyalVegas
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