2107 00198 Bertrand’s Analysis Of Baccarat

Later in the nineteenth century it was simplified to a two-person zero-sum game. Early in the 20th century the parlor game turned a casino game, no longer zero-sum. In the mid twentieth century, the strategic casino game grew to become a nonstrategic sport, with gamers competing against the home as an alternative of in opposition to one another. We argue that this evolution was motivated by each economic and game-theoretic considerations.

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