Author | Ben Mezrich |
---|---|
Country | United States |
Language | English |
Subject | Gambling |
Genre | Non-fiction † |
Publisher | William Morrow and Company |
Publication date | September 27, 2005 |
Media type | Print, e-book |
ISBN | 0-060-57511-5 |
Preceded by | Bringing Down the House |
Busting Vegas (stylized as Busting Vega$) is a 2005 book by Ben Mezrich about a group of MIT card counters and blackjack players commonly known as the MIT Blackjack Team. The subtitle of the original, hardcover edition was The MIT Whiz Kid Who Brought the Casinos to Their Knees, [1] but the subtitle of the subsequent paperback editions was A True Story of Monumental Excess, Sex, Love, Violence, and Beating the Odds. [2]
While represented as non-fiction by Mezrich, the book contains significant fictional elements. The book is a sequel to Bringing Down the House ; however, the team discussed in Busting Vegas were primarily active prior to the team discussed in Bringing Down the House. [3]
The book's protagonist, Semyon Dukach, is recruited by team leader Victor Cassius while attending MIT to play on a highly specialized blackjack team. They employ advanced advantage play strategies like card steering and Ace sequencing. The team deals with the crises of success, and one of the players develops a substance abuse problem that will ultimately prove their downfall. An aggressive investigation by casinos into the teams' various false identities forces them to travel outside of America to continue play, culminating in a high tension climax in Monte Carlo after being caught steering cards.
Semyon Dukach is a real person and MIT alum. The story is primarily based on his experiences and told from his perspective.
Victor Cassius is a composite character. Many of the events involving Victor appear to be drawn from the experiences of Johnny Chang including the plane crash detailed at the start of the book. [3]
Another composite character at least partly based on an MIT team member known only as 'Katie' who appeared in the History Channel documentary 'Breaking Vegas'.
Blackjack is a casino banking game. It is the most widely played casino banking game in the world. It uses decks of 52 cards and descends from a global family of casino banking games known as "twenty-one". This family of card games also includes the European games vingt-et-un and pontoon, and the Russian game Ochko. Blackjack players do not compete against each other. The game is a comparing card game where each player competes against the dealer.
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports.
Card counting is a blackjack strategy used to determine whether the player or the dealer has an advantage on the next hand.
The MIT Blackjack Team was a group of students and ex-students. The students were from Massachusetts Institute of Technology, Harvard University, and other leading colleges; they used card counting techniques and more sophisticated strategies to beat casinos at blackjack worldwide. The team and its successors operated successfully from 1979 through the beginning of the 21st century. Many other blackjack teams around the world have been formed with the goal of beating the casinos.
Ben Mezrich is an American author.
Edward Oakley Thorp is an American mathematics professor, author, hedge fund manager, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain.
Breaking Vegas is a television series that premiered on The History Channel in the United States in 2004. The series covers the great lengths people have gone to make money, sometimes illegally, from casinos.
Andrew Elliot Bloch is a professional poker player. He holds two electrical engineering degrees from MIT and a JD from Harvard Law School.
Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions is a 2003 book by Ben Mezrich about a group of MIT card counters commonly known as the MIT Blackjack Team. Though the book is classified as non-fiction, The Boston Globe alleges that the book contains significant fictional elements, that many of the key events propelling the drama did not occur in real life, and that others were exaggerated greatly. The book was adapted into the movies 21 and The Last Casino.
King of Vegas was a gambling series that first aired on Spike TV in the United States on January 17, 2006. It was hosted by boxing commentator Max Kellerman and co-hosted by handicapper Wayne Allyn Root, who gave color commentary and his odds-on favorites for each game. The tournament director was Matt Savage, who has also directed tournaments at the World Series of Poker.
The World Series of Blackjack is a televised blackjack tournament created and produced by the cable network GSN. It is a closed tournament; players are either invited to play or attempt to win a spot via a satellite tournament. Rounds are edited into 1-hour episodes and broadcast on GSN. Matt Vasgersian and Max Rubin provided commentary for the first two seasons. Tiki Arsenault was the dealer for Season 1 as Deanna Bacon was the dealer for Seasons 2 and 3 while Jessica Knight was the dealer for Season 4.
David Irvine is an engineer and professional blackjack player and a former member of the MIT Blackjack Team. Irvine was a part of the blackjack team featured in the best selling book, Bringing Down the House, by Ben Mezrich. Irvine was one of the members of a team of MIT students that won millions at blackjack tables around the world by counting cards. The story of the MIT Blackjack Team was made into a major motion picture, 21, which was released in theaters on March 28, 2008. In 2004, Irvine co-founded a company called the Blackjack Institute with business partner Mike Aponte that provides instructional products and services on how to win at blackjack. Irvine has spoken at various events describing his experiences with the team, including the Global Gaming Expo Conference in 2007, the Chicago University Private Equity Network in 2006, among other events. Irvine is also the co-owner of an engineering consulting company called SBR Technologies, Inc., that focuses on the use of a wastewater treatment process called the sequencing batch reactor.
21 is a 2008 American heist drama film directed by Robert Luketic and distributed by Sony Pictures Releasing. The film is inspired by the story of the MIT Blackjack Team as told in Bringing Down the House, the best-selling 2003 book by Ben Mezrich. IMDb offers a brief summary of the film: "21 is about six MIT students who become trained to be experts in card counting in Black Jack and subsequently took Las Vegas casinos for millions in winnings." The film stars Jim Sturgess, Kevin Spacey, Laurence Fishburne, Kate Bosworth, Liza Lapira, Jacob Pitts, Aaron Yoo, and Kieu Chinh. 21 was a box office success and was the number one film in the United States and Canada during its first and second weekends of release, despite some mixed reviews.
Mike Aponte, also known as MIT Mike, is a professional blackjack player and a former member of the MIT Blackjack Team. Aponte was part of a team of Massachusetts Institute of Technology (MIT) students that legally won millions playing blackjack at casinos around the world by counting cards. He is the basis for one of the main characters, Jason Fisher, in the book, Bringing Down the House, by Ben Mezrich, which inspired the motion picture, 21.
Advantage gambling, or advantage play, refers to legal methods used to gain an advantage while gambling, in contrast to cheating. The term usually refers to house-banked casino games, but can also refer to games played against other players, such as poker. Someone who practises advantage gambling is often referred to as an advantage player, or AP. Unlike cheating, which is by definition illegal, advantage play exploits innate characteristics of a particular game to give the player an advantage relative to the house or other players. While not illegal, advantage play is often discouraged and some advantage players may be banned by certain casinos.
The Monte Carlo Casino, officially named Casino de Monte-Carlo, is a gambling and entertainment complex located in Monaco. It includes a casino, the Opéra de Monte-Carlo, and the office of Les Ballets de Monte-Carlo.
Semyon Dukach is a Russian-American entrepreneur and former professional blackjack player. He is the founding partner of One Way Ventures, a venture capital fund that backs immigrant entrepreneurs.
Four Horsemen of the Apocalypse is the name given by gambling authors to the four U.S. Army engineers who first discovered in the 1950s the best playing strategy in the casino game of Blackjack that can be formulated on the basis of the player's and the dealer's cards. The so-called Basic Strategy, which was subsequently refined through the use of computers and combinatorial analysis, loses the least money to the casino in the long term.
Nathaniel Tilton is an American former professional blackjack player, author of The Blackjack Life, and Certified Financial Planner.
Al Francesco is an American blackjack player and gambling strategist. Considered to be “The Godfather of Blackjack”, Francesco is recognized as the creator of the team play concept, the “big player” strategy, and the drop card method. Beginning in 1971, Francesco personally recruited and trained disciplined card counters to work together in teams to beat the casinos. Franceso's teams of blackjack players would station themselves at various blackjack tables to count the decks, and when the mathematical odds turned in their favor, the counters would signal a “Big Player” to come to the table and place large wagers until the edge was lost and once again favored the dealer. While most card counters would eventually be discovered by casinos through their betting patterns and banned from further play, Francesco's unique team concept helped his players evade detection and continue winning.