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MIT Blackjack Team

Students from the well-known Massachusetts Institute of Technology (MIT) and other top colleges made up the MIT Blackjack Team.

Bill Kaplan led the Group

After reading books about card counting, Bill Kaplan, a Harvard graduate with an interest in Blackjack, led the Group.

Although he was not the original founder of MIT’s Blackjack Team, he helped turn it into a profitable venture.

JP Massar

Massar (also known as Mr M ) attended the Massachusetts Institute of Technology as a mathematics student. He became interested in gambling after reading the book ” How to Gamble if you must “. He and a few classmates formed the first MIT Blackjack team. While they had a few wins, they were not incredibly successful.

Teaming up

A restaurant was where JP Massar and Bill Kaplan first met, and JP Massar asked Bill Kaplan to join his team to observe its mistakes. Bill Kaplan joined them after spending a weekend in Las Vegas observing the mistakes the team made.

A formal card counting system and betting system were put in place to become a serious business. On 1 August 1980, the brand new MIT Blackjack team began operating.

For ten years, this team was successful, and investors received excellent returns. But eventually, Bill Kaplan’s management of the team was indefinitely suspended because he was banned from most casinos in Vegas.

A second Blackjack card-counting team, formed by JP Massar and Johnny Chang, was successful for two years, but they too were also forced to shut down as the casinos on the Las Vegas strip and other towns became aware of their tactics and banned them.

What are they doing now?

While JP Massar still plays professional poker online and offline, Bill Kaplan now operates a Real Estate business and runs an emailing solution company.

Top Factors to Draw in Casino Goers

There are land-based casinos, and there are online casinos. Both have their pros and cons, and players choose them for different reasons. However, online casinos are on the rise tremendously, and it is not just because of the pandemic factor but many more. The same we are going to talk here-

At Your Fingertips

This is the main reason why online casinos are hard to ignore by those who have a love for gambling. Everyone wants to access things at their fingertips, and it is not limited to online grocery shopping anymore. Making online casinos available online is the most addictive factor that makes players try them at least once.

Huge Bonuses and Spins

Who wants to miss the huge signup bonuses and numerous free spins? We all want to take advantage of the great benefits that come with online casinos. We consider this as a beneficial aspect of online casinos that are not given by physical ones. However, this is another trick used by casinos to attract more customers.

No Cash Needed

According to the studies, we tend to spend more when we don’t have to use cash and instead when we just have to swipe a card. In physical casinos, using cash is common. However, online casinos accept digital payments, and some of them detect payments automatically if you don’t turn this feature off.

Hiding Identity

In the real world, it is hard to stay anonymous for a long time. Our identity makes it difficult to visit a physical casino regularly. However, with online casinos, no one is going to know if you gamble. People who feel shameful about their gambling addiction also come and gamble online because they can use VPNs that hide their IP addresses.

Tricking Our Brains

Developers who build these casino sites utilize bright light and colors that make the overall page appealing. They use these factors to trick our brains that we feel curious and ready to explore.

All of these factors used in online casinos make us addicted to them without us even realizing it.

Final Words

Everything is harmful if consumed or used more than needed. One should know their limit whether gambling online or offline. You should first decide your budget, and once that limit gets over, you should not continue any further. This way, you can play some great casino games in your leisure time while not being addicted to them.

Isaac Haxton

Introduction

Isaac Haxton is a professional poker player who started dabbling in the game while still in high school. He went to Browns University for a computer science degree, and his nickname in the poker world is “The Lizard King” Right from the start, it was evident Isaac was no ordinary kid from New York. Isaac was adept at chess by the age of four and a seasoned gamer before his teens. He displayed a hidden talent for any game that required deep thinking.

These same skills in his youth has been conveniently gotten utilized in the world of poker. This New Yorker has amassed over $23 million in tournament winnings, including a career-high $3.6 million win after taking down the Super High Roller Bowl in 2018.

Key Career Dates

Isaac Haxton was a member of Poker Stars Team Pro; however, he severed ties with the online poker giant in 2016 and is currently a member of Team PartyPoker.

His Poker career began in 2004 when he decided to play poker full time in the summer after his freshman year and did complete his studies. His first major live tournament was in 2007, and it was the $8000 WPT Championship Event, where he finished in second place and won $861 779. In 2009 he took second place in the WSOP 40th Anniversary event and walked away with $1 168 565.

The list is endless. However, one sure thing is that Isaac Haxton is one of the most successful live tournament players and has over $27.6 million in winnings. Haxton is also in the top 20 biggest winners on HendonMob’s All Time Money List.

The Elusive WSOP Bracelet

Ironically despite all his achievements on the live felt, he has actually never won a WSOP Gold Bracelet, although he did come close to winning one in 2009.

Fouad al-Zayat

Fouad al-Zayat was a Syrian gambler, businessman and investor who died in Lebanon in 2018 at the age of 77. Casino circles called him the “Fat Man.” One of the most secretive and inexhaustive gamblers in Mayfair in London, this billionaire frequently visited Aspinalls Club. In a single visit, he gambled thousands of pounds, which increased to more than a million pounds by the turn of the century.

Extravagant Gambling Lifestyle

A man who lived by the sword, Al-Zayat. He founded various companies, including Mortimer Offshore Services. He was also asked to help with the purchase of a jet for the Iranian President by the Islamic Republic of Iran. By bribing officials within his own government with millions in free gambling chips, Al-Zayat was able to obtain a permit allowing him to sell plane parts to Iran in spite of US trade sanctions. The permit was never granted, however.

He was known for his extravagant gambling style, and he was considered a whale in the casino industry. Between 1994-2006, al Zayat wagered around £91 million at Aspinalls and lost £23 million. Aspinalls also sued him for $2 million plus costs for gambling debts he incurred from Blackjack losses. His argument was that he had been wrongfully credit granted under the Gaming Act, so he appealed and won his case.

Convicted of Fraud in Greece

Al-Zayat was tried in absentia for bribery in Greece in 2015 and sentenced to life in prison. Despite this, he never actually served this sentence because the Greece authorities could not find him. Further to this, he was also wanted for fraud in Cyprus at the time of his death.

The legacy Fouad al-Zayat left was that of a giant, and he blazed a trail for others to follow, despite his fraud convictions in Greece.