%0 Journal Article %T A Game-Theoretic Analysis of Baccara Chemin de Fer %A Stewart N. Ethier %A Carlos GĻĒmez %J Games %D 2013 %I MDPI AG %R 10.3390/g4040711 %X Assuming that cards are dealt with replacement from a single deck and that each of Player and Banker sees the total of his own two-card hand but not its composition, baccara is a 2 x 2 88 matrix game, which was solved by Kemeny and Snell in 1957. Assuming that cards are dealt without replacement from a d-deck shoe and that Banker sees the composition of his own two-card hand while Player sees only his own total, baccara is a 2 x 2 484 matrix game, which was solved by Downton and Lockwood in 1975 for d = 1, 2, . . . , 8. Assuming that cards are dealt without replacement from a d-deck shoe and that each of Player and Banker sees the composition of his own two-card hand, baccara is a 2 5 x 2 484 matrix game, which is solved herein for every positive integer d. %K baccara %K chemin de fer %K sampling without replacement %K matrix game %K strict dominance %K kernel %K solution %U http://www.mdpi.com/2073-4336/4/4/711