and prolong the time required to lose a given capital. This constant game of what would in America be called "freeze out," enormously increases the bank's chances over the calculable one-seventieths of the staker, and is doubtless the main cause of its large winnings. The profits of the company were, in 1904, something like £1,250,000. This, at the calculable odds, would mean the staking during the year of the enormous sum of £87,500,000. But owing to the way the usual player stakes, as above described, probably a small fractional part of that sum would be sufficient to provide that amount of revenue. As M. Blanc was wont to say: "Rouge gagne quelque fois; noir aussi quelque fois—mais Blanc toujours."
If players had unlimited capital, and were allowed without check to adopt the martingale or pyramid system, they would run small chance of losing. This consists in choosing a cadre and playing resolutely upon it, each time doubling the stake, until that which is backed wins, which it is certain to do if continued long enough. When it wins, the player has recovered the total of his stakes plus one, except the toll on zero, whereupon he would revert to the minimum stake. But the bank knows this as well as any one, and draws a line beyond which there is no doubling allowed.
At roulette, the minimum stake is five francs ; but at trente-et-quarante, a game at cards, the lowest stake is twenty francs. The amount of systems proposed, published, and advertised, is prodigious: every one has his system, who is an enthusiastic gambler, and every one has led to confusion and loss. One hears at intervals of lucky players who have broken the bank. But what guarantee have we that these are not decoy
