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  2. MIT Blackjack Team - Wikipedia

    en.wikipedia.org/wiki/MIT_Blackjack_Team

    The newly capitalized "bank" of the MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000, with both outside investors and players putting up the capital. Ten players, including Kaplan, Massar, Jonathan, Goose, and "Big Dave" (aka "coach", to distinguish from the other Dave from the first round) played on this bank.

  3. Mike Goodman - Wikipedia

    en.wikipedia.org/wiki/Mike_Goodman

    Mike Goodman was an American professional gambler, a pit boss for a Las Vegas casino, and an author of books that gave advice on gambling and told stories of gamblers and their escapades. He is most known for his 1963 book How to Win: At Cards, Dice, Races, Roulette, which went through many printings and sold over a million copies.

  4. Online casino - Wikipedia

    en.wikipedia.org/wiki/Online_casino

    Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of online gambling. Some online casinos claim higher payback percentages for slot machine games, and some ...

  5. Betting strategy - Wikipedia

    en.wikipedia.org/wiki/Betting_strategy

    Betting strategy. A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [1]

  6. Martingale (betting system) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(betting_system)

    Martingale (betting system) A martingale is a class of betting strategies that originated from and were popular in 18th-century France. The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails. The strategy had the gambler double the bet after every loss ...

  7. Slot machine - Wikipedia

    en.wikipedia.org/wiki/Slot_machine

    Slot machine. A slot machine, fruit machine (British English), poker machine or pokies (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated.

  8. Ticket-in, ticket-out - Wikipedia

    en.wikipedia.org/wiki/Ticket-In,_Ticket-Out

    A ticket from a slot machine at Caesars Palace in Las Vegas, Nevada. Ticket-in, ticket-out (TITO) is a technology used in modern slot machines and other electronic gambling machines in which the machine pays out the player's money by printing a barcoded ticket rather than dispensing coins or tokens. The player may then redeem the ticket for ...

  9. Wynn Resorts paying $130M for letting illegal money reach ...

    www.aol.com/wynn-resorts-paying-130m-letting...

    Casino company Wynn Resorts Ltd. has agreed to pay $130 million to federal authorities and admit that it let unlicensed money transfer businesses around the world funnel funds to gamblers at its ...