Explanation of that infamous game of "freeze-out baccarat" at Trump Plaza 1990 with Akio Kashiwagi Vs. Trump/Trump Plaza.
It was at Trump Plaza not the Trump Taj as some wrote it was.
http://gaming.unlv.edu/reading/Impact_of_a_Finite.pdf
https://en.wikipedia.org/wiki/Akio_Kashiwagi
http://www.nytimes.com/1992/01/12/us/a-top-gambler-is-killed-owing-casinos-millions.html
There was many a day I would read through the math with a fine toothed comb and explain where the errors were. But no more. Interesting story nonetheless.
Agree. What people do with money, amazing. Looking back (no where near this scale but as they say, more than a lot and not as much as some), I wonder at times also.