Almost all the information in my page comes from The Doctrine of Chances by Stuart Ethier. This is a book that should be on the shelf of any gambling mathematician/historian.
Edit: Here is a public domain image from a 1930's postcard:
Although its said that Faro offered such a minute house advantage that the only way a saloon would make money was to stack the deck, I'm not at all convinced that saloons and gambling halls in the American West focused on the house edge as much as casinos of today do.
Even in the East, saloons were both formal and informal labor exchanges, language schools, immigrant resource centers, restaurants, banks and clubs. In the West, saloons served a pivotal role as not merely establishments of drinking and gambling, but as places where news was available and business was done. The establishments were gathering places, not merely shearing sheds for the unwary. There was no need to have a high house edge game to clean someone out and make room for other gamblers.
i am glad that you saw fit to include this game
in your awesome collection of game strategies.
although we may never get to play the game,
it is mentioned a lot in gambling literature and western history
and it is nice to have a thorough analysis.
Quote: FleaStiffAlthough its said that Faro offered such a minute house advantage that the only way a saloon would make money was to stack the deck, ...
Ethier says that too. He also alludes to other side betting that carried a much higher house edge. You'll notice everything but the "turn" bet pays even money. It would seem sucker bets would long odds, like in craps, would do well in a game like faro.
Quote: DocWhen my wife and I visited Virginia City last fall, we stopped in at the Delta Saloon, where they have a faro table on display that is called the Suicide Table, because several owners lost so much money operating it they committed suicide rather than face the creditors. There are several web sites that tell the story, and here is one link.
I have a pic on my photobucket...
Quote: EvenBobHere's a pic of Doc playing Faro in Vegas in the 30's.
Naw, that's my kid brother.
Faro Table
If its good copy, run with it. If its accurate, so much the better.
If you follow the links in the Sun article for the Clark County Museum, even after a couple of clicks it doesn't lead to anything (that I found) that even mentions the Tropicana or the faro table being part of the collection.
Quote: WizardEthier says that too. He also alludes to other side betting that carried a much higher house edge. You'll notice everything but the "turn" bet pays even money. It would seem sucker bets would long odds, like in craps, would do well in a game like faro.
Gambling was quite different in those days. One man was concerned about playing in a stiffening wind with piles of cash on the table so he took out his pistol and put it down on top of some blowing bills. The other two men in the game immediately grabbed their lapels to show they were not going for weapons and said they would give back what they had cheated him out of.
However, when it comes to Faro, I'm not certain profitability was of great concern. Most places made money on the alcohol, food, etc. that the need to show a profit on the Faro game was much lower. Gambling was generally available: foot races, horse and mule races, propositional betting, a Faro Hall was but a part of what might be available. Mining shares were traded and often some long ago "grub stake" would result in great wealth. The present day Los Angeles Times was once won in a poker game.
What later became the Comstock Lode was originally filed by three men, one of whom was "Mark Twain" but each of the three men left the proving up work to the others and so cagey miners in town refiled on that claim. Millions lost in ten days for failure to do even minor excavation. Cheating at Faro would have been equivalent to cheating at checkers today.
As folks have mentioned in this thread, the most famous faro table is likely the "Suicide Table" in Virginia City. There's another one nearby at the Nevada State Museum in Carson City. Here's a pic!
Quote: billryanYou can play faro at the Tombstone Monument Ranch but it is boring.
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Here I am supposedly a faro expert and I had no idea. Can you play it for real money?
I like the penny-farthings in the picture in the OP. I've been trying to get on for at least ten years.
Quote: WizardQuote: billryanYou can play faro at the Tombstone Monument Ranch but it is boring.
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Here I am supposedly a faro expert and I had no idea. Can you play it for real money?
I like the penny-farthings in the picture in the OP. I've been trying to get on for at least ten years.
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They advertise their Faro Night all over town so I think it is. The Cochise Hotel has a faro room that they open but only for guests.
The Oriental gives free lessons a couple of times a week. That's where I played.
Although the game became scarce after World War II, it continued to be played at a few Las Vegas and Reno casinos through 1985.
https://en.wikipedia.org/wiki/Faro_(banking_game)
Quote: ChumpChangeAlthough the game became scarce after World War II, it continued to be played at a few Las Vegas and Reno casinos through 1985.
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I wonder why. Except for the last three cards, isn't Faro a no-edge game? Or was there some rule like "house wins all ties" that gave the game an edge?
Quote: ThatDonGuyQuote: ChumpChangeAlthough the game became scarce after World War II, it continued to be played at a few Las Vegas and Reno casinos through 1985.
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I wonder why. Except for the last three cards, isn't Faro a no-edge game? Or was there some rule like "house wins all ties" that gave the game an edge?
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Yes.
If both losing and winning dealt cards are the same then player loses half his bet.
If there is only one card left such that dealing two is impossible then if players win on that denomination then player gives up $5 commission
Quote: ThatDonGuyQuote: ChumpChangeAlthough the game became scarce after World War II, it continued to be played at a few Las Vegas and Reno casinos through 1985.
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I wonder why. Except for the last three cards, isn't Faro a no-edge game? Or was there some rule like "house wins all ties" that gave the game an edge?
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I think bank wins half on a pair.
Quote: WizardIn part two of my look at defunct casino games I just created a new page on faro. I especially welcome the comments of the older members (calling Buzz and Doc) who may have actually seen the game. It made it until sometime in the 1980s in Reno, and I think Vegas still had several tables as late as the 1950s.
Almost all the information in my page comes from The Doctrine of Chances by Stuart Ethier. This is a book that should be on the shelf of any gambling mathematician/historian.
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Michael Shackleford: In this video I demonstrate how to play the antiquated casino game of faro and how it made it's way into the movie The Pale Blue Eye.
THE TOP-2 Legend of New Table Games®: Stephen Au-Yeung (Casino Hold'em Poker® THE Number-1 NEW-Poker) and Geoff Hall (FREE-BET BlackJack™ THE Number-1 NEW-Blackjack) with Wizard of Odds at G2E-Vegas 2022. LegendOfNewTableGames.com
* Michael Shackleford was THE-Mathematician for Casino Hold'em Poker® back in 2000. CasinoHoldemWoO.com
Faro is descended from an earlier game called Basseta, which has very similar rules but the players are a little more involved, so it's not quite as dull.