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Updated: May 28, 2025
My advice to any man would be, "Never play roulette at all; but if you must play, hold the cagnotte." The Press, of course, often publishes stories of great fortunes made at Monte Carlo. The proprietors there understand publicity. Such statements bring them new patrons.
I presume that the bank there is managed honestly, although I neither know nor care whether it is. But this at least is certain the cagnotte gains 3 per cent. on every spin. Mathematically, a man is bound to lose the capital he invests in every thirty throws when his luck is neither good nor bad. In the long run his luck will leave him with a balanced book minus the cagnotte.
To return to the Diplomatic Theatricals at Petrograd, Labiche's piece, La Cagnotte, is extraordinarily funny, though written over sixty years ago. We gave a very successful performance of this, in which I played the restaurant waiter a capital part.
But it was the fund of observation and the leaven of satire which startled, aroused, and ultimately set the stage agog. Not even the lighter forms of composition were left unaffected. Labiche, in the vaudeville style, with his Voyage de Monsieur Perrichon and La Cagnotte, gave his audience, behind his puppets, the touch of present reality, the sensation of existent follies.
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