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Physical Sciences and Mathematics

University of Nevada, Las Vegas

International Conference on Gambling & Risk Taking

Baccarat

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A New Variant Of Baccarat For Vip Players, Stewart N. Ethier, Jiyeon Lee Jun 2016

A New Variant Of Baccarat For Vip Players, Stewart N. Ethier, Jiyeon Lee

International Conference on Gambling & Risk Taking

In 2013 baccarat generated over US$41 billion in revenue for the 35 casinos of Macau, of which nearly US$30 billion was attributed to VIP players (high-stakes gamblers). Although the VIP market segment has declined over the past two years, it is still substantial. In this talk we propose a new variant of baccarat that will appeal to and attract VIP players. Its appeal lies in the facts that (a) it has a historical connection to baccarat and (b) it is closer to a fair game than is baccarat.