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Edward Thorp was a mathematics professor who used an IBM 704 computer to prove that blackjack is not a game of pure luck. His work changed the gambling world forever. His work changed the gambling world forever
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In the popular imagination, the house always wins. For games of pure chance like roulette or craps, this is mathematically certain. But blackjack (Twenty-One) presents a unique feature: the odds change as cards are dealt because the deck has memory. Edward O. Thorp, a young associate professor of mathematics at MIT, recognized this as a solvable problem. His 1962 book Beat the Dealer was the first to prove, with rigorous mathematics and computer simulations (run on an IBM 704), that a player could gain a consistent statistical edge over the casino.