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The Doctrine Of Probabilities Applied To Gambling

Volume I

The Gaming Table by Andrew Steinmetz, Volume II

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The Doctrine Of Probabilities Applied To Gambling

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Casino Gambling in history

A distinction must be made between games of skill and games of
chance. The former require application, attention, and a certain
degree of ability to insure success in them; while the latter are
devoid of all that is rational, and are equally within the reach
of the highest and lowest capacity. To be successful in throwing
the dice is one of the most fickle achievements of fickle
fortune; and therefore the principal game played with them is
very properly and emphatically called 'Hazard.' It requires,
indeed, some exertion of the mental powers, of memory, at least,
and a turn for such diversions, to play well many games at cards.

Nevertheless, it is often found that those who do so give no
further proofs of superior memory and judgment, whilst persons of
superior memory and judgment not unfrequently fail egregiously at
the card-table.

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