Coin matching and finger flashing were among the first formal games to arise in the history of gambling. The class of Morra games extends back to the pre-Christian era, although not until comparatively recent times have game-theoretic solutions been derived.
Richard Arnold EpsteinA proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.
Richard Arnold EpsteinFrom a rational standpoint, it might be expected that man should be far more willing to express financial confidence in his skills rather than risking his earnings on the mindless meanderings of chance. Experience, however, has strongly indicated the reverse proposition to hold true.
Richard Arnold EpsteinThe earliest full-length account of a chariot race appears in Book xxiii of the Iliad.
Richard Arnold Epstein