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“This is Mike Aponte’s site.  Aponte is a World Series of Blackjack Champion and a former leader of the MIT Card Counting Team.”

 

  • The Making of a Card Counter – Part 1
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    One of the questions I’m often asked is, “What is the most important trait in becoming a professional card counter?”  The first thing that jumps to mind for most people is genius mathematical ability.  True, being good at math is a plus, but the math involved in card counting is... Read more »
  • Poker Collusion in Deadwood?
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    Deadwood South Dakota has a storied history – an illegally founded town whose economy was built on gold mining and bolstered by prostitution and gambling.  Several weeks ago I meet with the South Dakota Gaming Commission regarding claims that a small group of players have brought back the unlawful gambling... Read more »
  • Gaming Jeopardy!
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    In winning his first four games on Jeopardy, Arthur Chu has caused a stir among fans of the television show. Chu has employed a number of game strategies that have annoyed and even enraged some of the show’s followers. 1)      Hunting for Daily Doubles – Instead of moving progressively down a category... Read more »
  • The MIT Lottery Team
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    Americans spent $58 billion dollars on lottery tickets in 2011 in hopes of defying the odds and striking it rich.  The tremendous popularity of the lottery despite it’s horrific return on investment has led some to cynically label the lottery as a stupidity tax.  However, a group of MIT students... Read more »
  • The Truth About Continuous Shuffle Machines & Card Counting
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    I get asked fairly often about continuous shuffle machines (CSM’s) and their effect on the game of blackjack. With CSM’s, no discard tray is needed because the dealer continuously places the played cards into the shuffle machine (for example, after a player busts a hand). This provides a constant randomization... Read more »
  • Def Con & Card Counting: Hacking Las Vegas
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    Last week I attended Def Con, the world’s largest computer hacker convention which is held annually in Las Vegas.  It was the first time I have attended the convention and it was quite a scene. Well over 10,000 people attended Def Con 20, including computer security specialists, hardware hackers, law... Read more »
  • Trend Following and Card Counting
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    Last week I met with Michael Covel, author and president of Trend Following, a privately owned firm specializing in trend trading research.  Michael recorded our lunch meeting as he interviewed me about my experiences with the MIT Blackjack Team. We were both struck by the similarities and connections between trend trading... Read more »
  • The Father of Card Counting – Ed Thorp
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    A proud moment – meeting Ed Thorp (right)Every January I attend the Blackjack Ball – an invitation only event in Las Vegas for the professional blackjack community. Many of the best advantage players in the world travel from as far as Asia and Europe for an evening of  light revelry.  There... Read more »
  • Reversion to the Mean: Card Counting & Playing The Market
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    The mean or the average of the count in blackjack is zero as there are an equal number of low cards and high cards in any shoe or complete number of decks.  The further away the count is from zero, the stronger the tendency that it will move back toward... Read more »
  • The Big Score
    In the minds of gamblers, the dream of striking it rich far outweighs the reality of the less than favorable odds.  Nowhere is this more apparent than with the lottery. The odds  of winning the lottery are astronomically low  but when you factor in the millions of tickets that are... Read more »
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