Famous Members
The students of MIT have started a small team in order to play the blackjack, and with in very short time they turned up as a big enterprise which was comprised of intelligent and intellectual persons who have the winning power due to their tactics and strategies.
Beat the Dealer
All of this was started in the year of 1958, when the professor at MIT named Dr. Edward Thorp started to work on that. The marvelous ideas of Edward made him to realize that he was capable to beat anyone in the play of blackjack. After several months of study and practice, he has developed excellent strategies due to which a player could become able to win the game and beat the house at anytime.
His most famous strategy was card counting and in the year of 1962, this strategy was revealed to the world in the form of a book named, "Beat the Dealer".
In 1994 summer, even after more than three decades when Beat the Dealer was come into existence, MIT students started their work based on the formulas mentioned in this book by their professor. They have turned the theory of blackjack winning by means of card counting in reality. They have developed several methods and started to provide the training to the other players who after the training were recruited in this team as active players.
The MIT team has made tremendous moves in blackjack and finally became able to win the casinos of Vagas. This team had generated millions of dollars and hence they have taken the game of blackjack to its real height. The success story of this MIT team was published in the book named, Bringing Down the House, written by Ben Mezrich.
Members
The mutual founder of the institute of Blackjack is Mike Aponte. He is the main role player in the book of Ben Mezrich. His career was started in the year of 1992 as a student in MIT. Once he started to play the blackjack, he gained tremendous victories and money. He had been the company manager as well when it is gaining the non-stop victories at the casinos. Mike gained much popularity after winning the championship of World Series in 2004. If you want to know more about Mike, please go to his blog.
Another mutual founder of the members of MIT team is Dave Irvine. He was appointed by Mike in the team and after joining, he has established new skills to win the game. Dave has got masters in biological engineering and had done MBA from Purdue University. He is also an owner of an engineering company.