Chapter 4 - Probability and the Casino

Summary

The Blanc casinos were marketed through the cultivation of an impression of honesty and mechanical universality. The study of probability, which arose historically in relationship to the calculation of gambling odds, provided a way to measure the honesty of a casino. Probability, as it was expressed in the context of nineteenth-century resort casinos, was the object of renewed interest among professional mathematicians and amateurs seeking to understand the logic of the games they played. There are three avenues through which this amplified interest in probability was expressed in the nineteenth century: the analysis of “runs” (a long sequence of identical results), the systems that gamblers developed for beating the odds, and the casino as an experimental space for mathematicians in the nineteenth century. Together, these developments suggest that the nineteenth-century casino provided a novel opportunity for inquiry into areas such as the nature of time, the limits of causation, and the science of probability.