If you are interested in learning how people managed to earn a lot of money by investing small sums, this article might be able to help you. The text below is going to feature a list of the 10 most interesting gambling success stories that happened to date. The Mit Blackjack Team. The MIT blackjack team has become famous worldwide for their success at beating the game of blackjack in the casinos of Las Vegas.Even people who are unfamiliar with blackjack and gambling know the story of the MIT students, thanks in large part to the popular movie 21. These stories also provide a glimpse into the lives of famous blackjack players. A common theme is that many of them have run into trouble with the law or even been thrown out of casinos! Several developed their own unique methods for succeeding at the game, and the casinos attempted to stifle their success by kicking them out for cheating.

morrotho said:Between alcohol, addicted gamblers, and people sitting down at the table that don't know how to play, the casino turns that .5% into something like a 10% house advantage.
Yeah, like people who dont double down at the right time and raise their bets based on gut feelings. Theyre giving away more money by raising their bets randomly and not playing properly. Not only is the house edge higher because of their mistakes, but their losses are higher because they are putting more money at risk and losing it faster.
Im not trying to be rude here. Im just trying to point out the problems with your system. Setting limits doesnt work. It has been mathematically proven, and it just doesnt make sense either. You cant beat the house edge just by walking away from the table randomly. You are just as likely to lose your money back when you start playing again. Your entire life is one big session. All of your little sessions will add up to one big session so it doesnt matter when you leave the tables. You cant escape the house edge by playing at random times or raising your bet at random times.
Youve been lucky so far. If you want to keep gambling thats fine, just dont expect to win. The house still has the advantage over you. Your lucky streaks will be overcome by unlucky streaks and the house will grind you down just like every other gambler. You cant just rely on luck and hope that everything will work out, especially not when it comes to money.
Trust me, you arent doing anything special that every other gambler in the world isnt doing too. They will all end up broke and theres no reason to think that you are any different than them. Like I said, Im not trying to be rude here, just honest. I dont want you to fall into the same trap that all other gamblers fall into. They have a foolproof system that they think will always work, but it never seems to end up that way. Be careful with your money. Do a little more research before you start investing too much in anything.
-Sonny-

A Card Counter's Story

By One More Shoe
(From Blackjack Forum XXI #2, Summer 2001)
© Blackjack Forum 2001

Other than a very brief introduction to casino gambling during a Caribbean vacation over twenty years ago, I caught the blackjack bug during the summer of 1993, more than a year after the area’s first Indian casino opened its doors. Initially, my wife and I would make an occasional visit and play the slot machines, until one day an associate at the office described his inaugural day at the blackjack tables. I purchased my initial blackjack book that very day and I have been hooked on card counting ever since.
I learned basic strategy stone cold before I ever played my first hand of casino blackjack. We made our first sojourn to a casino to play blackjack during a 3-day mini-vacation to Atlantic City during the summer of 1994. Employing basic strategy and adhering to a strict loss-limit per session, I managed to escape the three days with a minimal loss of $76.50 at mostly $5 minimum tables. The blackjack juices were flowing. This was MY GAME!
Since then, I have purchased just about every blackjack and card counting book still in publication and I am always on the lookout for new ones. Additionally, I have some of the latest blackjack software on the market, including John Auston’s Blackjack Risk Manager and Karel Janecek’s Statistical Blackjack Analyzer.

Finally, in order to create real life casino conditions, I purchased a felt blackjack layout, complete with a 6-deck shoe, discard tray, chip tray and chips. I glued the felt onto a hollow door, inserting a cutout for the chip tray. It now frequently resides on top of my dining room table where I often deal myself several shoes and to really practice casino conditions, my wife deals to me while we converse and I keep the count making the bets and plays.
Having played basic strategy for over a year, I realized that although it was much fun and provided wonderful entertainment, it was clearly a losing proposition. Not an admirer of relinquishing my hard earned cash to the casinos, I proceeded to learn the Hi-Lo count. I started with 18 index numbers and slowly added plays until I reached about 50 plays.
Not having a set bankroll with which to finance my blackjack play, I was relegated to attacking the tables with whatever cash I had assembled for any given visit (usually $100 or $200). Because I had no money behind me, I had to truncate many losing sessions that could easily have turned into winners. Therefore, this style of play, although far superior to basic strategy, was still nothing more in practical effect than break-even play.
Now it was time to move from the minor leagues into the big leagues. I wanted to make some money! Having just paid for my daughter’s college education and her wedding and my son attending a private university, I really couldn’t afford to put together a bank, yet I felt I desperately needed one.

So, one day with a Father’s Day gift of $100 and another $100 from our family budget, I started a bank (hour 25). I vowed to add all blackjack winnings to that bank and to supplement the bank with small cash infusions whenever I could, all without endangering the family budget in any way.
Clearly, there was a rather large chance of losing this money, in fact for the very first trip of about 200 hands of play, the risk of losing the entire $200 was 48% for the $5 game I was playing. There also was about a 52% chance of breaking even or better if I didn’t lose it all.

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My plan was to hope to win and if not, visit the casino only when I had another $200 with which to try again. My reasoning was that sooner or later I would have a winning session to add to my bank such that the chance of losing the next session was less. For the same 200 hands played, doubling the trip bank from $200 to $400 reduced the chance of ruin from 48% to nearly 16%. For this reason it was of the utmost importance to increase the bank.
Fortunately, I ventured on an immediate winning streak (hours 25-40) that increased the bank enough to weather the first run of bad luck I encountered (hours 40-52). In fact, I won enough money such that I have withstood several streaks of poor luck and I am still going strong.
Also, in addition to winnings, I have supplemented the bank by continually adding any cash gifts for Christmas, birthdays, anniversaries or Father’s Day and about twice a year I would cash in any loose change saved in a large bottle. On occasions, to bring the bank to an “even” significant dollar amount, I would add a small amount of cash from the family budget.

For example if after a session, my current bank were $2975, I would add $25 to bring it to an even $3000. Fortunately for me, supplementing the bank provided enough cash infusion to prevent near ruin a couple of times (hours 53 & 103).
The above chart depicts cumulative winnings. My actual bankroll is consid