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. These boards are also faster and cheaper than traditional hand scoring.
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. You can download the spread sheet shown in this video here: