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Casino Stories

Casino Stories

3 articles

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Casino Stories10 min read

The MIT Blackjack Team: How Students Won $57 Million from Las Vegas

In the 1980s and 90s, a rotating group of MIT students and alumni systematically extracted tens of millions of dollars from Las Vegas casinos using mathematics and a few acting lessons.

August 3, 2025Read article →
Casino Stories9 min read

The Man Who Gamed the Lottery: Stefan Mandel's 14-Win Formula

Romanian economist Stefan Mandel won the lottery 14 times across three countries. His method was mathematically sound, completely legal, and has since been made impossible to replicate.

August 7, 2025Read article →
Casino Stories7 min read

The Man Who Broke the Bank at Monte Carlo — Six Times in Three Days

In July 1891, Charles Wells arrived at the Monte Carlo Casino with £4,000 and left with £40,000 after winning 23 out of 30 consecutive spins. The math says it was possible. The casinos said it was impossible.

August 11, 2025Read article →

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