Tag Archives: regression

Baccarat Random Walks

What happens if you play 1000 shoes of baccarat? That’s years or a lifetime of play for most people. But we do it in a few seconds and repeat the fun over and over again. This allows us to discuss important topics in gambling, including expectation, standard deviation, reversion (regression) to the mean and the long run.

The spreadsheet presented in this video can be downloaded here: Baccarat_MC_Sim_2