BANK ALWAYS WIN

Wairarapa Times-Age, 11 July 1938, Page 2

BANK ALWAYS WIN

DEALINGS AT MONTE CARLO. The Casino at Monte Carlo received £568,000 in the last financial year, and made a profit of £140,000, facts which may be taken as evidence of increased prosperity—there being more money to burn —or of the increase in the gambling spirit born of desperation. But whether the receipts be up or down on the year, there is one fact to be remembered, that the bank always wins. No system yet invented has prevailed against it. Those of D’Alembert, Labouchere and many others have been tried in vain, and the only result has been to enrich the official coffers, for, as M. Blanc, the founder of the Casino, used to say: “Black often loses, and red often loses, but white (Blanc) always wins.” “He who breaks the bank today will' be broken by the bank tomorrow,” said Signor Garisa, who, after winning fabulous sums —£40,000 once within an hour —was stripped of his last franc. “Monte Carlo” Wells won £50,000 in two days, and lost it all and more. The only system that has succeeded was that of Mr Jaggers, a Yorkshire mechanic, who won £120,000 after noticing that certain wheels had some defect that favoured certain numbers, and who then backed those numbers heavily. But the bank was quick to notice the defect also, and there was no opportunity of repeating Mr Jaggers’s successful “system.”