Baccarat: How Many Roads Must a Gambler Walk Down?

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Baccarat, more than any other game, invokes mythological thinking and illusory pattern perception. Casinos do their best to reinforce this mythology by using electronic display boards that show various “roads.” The roads and other data on these boards are meant to instill confidence in the player, to help him see a pattern. Once a player believes there is a pattern, he will likely wager more.

In this video we discuss illusory pattern perception and its application to baccarat. We take a brief survey of electronic boards and then talk about the world’s greatest baccarat player. We finish with a Monte Carlo simulation of a 50-shoe weekend road trip.

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Source: YouTube

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Baccarat: How Many Roads Must a Gambler Walk Down?