How Much Money Did MIT Blackjack Team Make?

The MIT Blackjack Team was a group of students and ex-students from the Massachusetts Institute of Technology, Harvard Business School, Harvard University, and other leading colleges who 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.

During their heyday, the team was estimated to have won millions of dollars from casinos. But just how much money did they really make?

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One member of the team, known as “The Professor”, claims that the team once made $3.5 million in a single weekend.

PRO TIP:The MIT Blackjack Team famously won millions of dollars in the 1990s by counting cards in Las Vegas casinos. The exact amount of money won is unknown as they never revealed their winnings, however some estimates suggest it was upwards of $5 million.

Another member, “Big Player”, claims that they once made $1 million in a single day.

However, these are just estimates. The true amount of money the team made is likely to be much higher.

After all, they were operating for over two decades and were successful enough to spawn multiple books and movies about their exploits.

So how much money did the MIT Blackjack Team really make? It’s impossible to say for sure, but it’s safe to say that it was millions of dollars.