Making Millions the Easy Way

Year 2004Episode 1560 minOkt. 14, 2004
Making Millions the Easy Way
In the mid-1990s, a team of American science students took on the might of the Las Vegas casinos, and came home with millions of dollars. Hard working engineering students during the week, they became high-rolling gamblers by the weekend and proved that, in one game at least, the house doesn't always win. The game was blackjack, and the students were from the world-renowned Massachusetts Institute of Technology (MIT). Their audacious winnings marked the climax of an arms race between casino and player that began 40 years earlier with maths professor Edward Thorp. He realised that the one feature of blackjack that made it different from other casino games also made it possible to beat. In most gambling games - roulette, dice, slot machines, the lottery - events in the past do not determine the future. The odds are the same on every roll of the dice or spin of the wheel. Winning streaks or losing streaks may occur, but they are only one possible result from the set of all possible outcomes. A fair coin that has shown heads ten times, still only has a 50% chance of showing heads on the next flip. Casinos and bookmakers make certain that the odds are always stacked slightly in their favour. In other words, over time, the house will always win.
Making Millions the Easy Way has aired on Okt. 14, 2004 at 21:00
Previous EpisodeNext Episode

Trailer

We do not have any trailers for this episode

Recently Updated Shows

Recently updated shows that might be of your interest.
Frontline
Running

Frontline

Since it began in 1983, Frontline has been airing public-affairs documentaries that explore a wide scope of the complex human experience. Frontline's goal is to extend the impact of the documentary beyond its initial broadcast by serving as a catalyst for change.

.

GenreDrama
Hoffman Family Gold
Running

Hoffman Family Gold

A mining partner in Alaska has invested in nearly 2,500 acres of rugged land, and they're about to go belly up. Todd will try to turn around the operation. Will he be able to do it in just six weeks before the winter season sets in?

Darby and Joan
Running

Darby and Joan

Retired Australian detective Jack Darby is fleeing his past mistakes, while English widow Joan Kirkhope is attempting to outrun her grief. Their worlds collide on a remote backroad. They couldn't be more different: the directionless, blunt Aussie and the sharp-tongued Englishwoman. But thrown together and drawn into the intriguing mysteries lurking in the isolated, tropical corners of a vast continent, it quickly becomes clear the most fascinating mystery they face is each other. Thus begins an epic love story; a non-stop road movie; a mystery series; an Outback odyssey. Darby and Joan asks: can you find yourself in the middle of nowhere?

The Daily Show
Running

The Daily Show

Hosted by a rotating cast of comedy greats, The Daily Show remains the go-to source for provocative satire, insightful interviews and an award-winning team of correspondents and contributors.

GenreComedy
Game Changer
Running

Game Changer

In this game show, the game changes every show! Players begin each round without knowing the rules -- and must figure them out while competing to win.

GenreComedy